Lasha Papashvili, the first vice-president of the Georgian Business Association and the founder of Redix Group declares, that the main challenge of the financial sector is expensive money.
According to Papashvili, the National Bank of Georgia should reduce the monetary policy by 2-3 points.
"It is clear that we are fighting inflation; the world is also struggling with it, but we must also think about business! I am a pro-business person, so I consider overvalued money as the main threat. I'm not saying that the National Bank should not control, but everything has a size, a weight... What else is the superiority of management, if not good management?!
Every manager, every official should manage well the sector where they are in order to get results. Our business is to oppose those who rule badly but in a friendly, brotherly way. We are a small country", said Lasha Papashvili.
