Consequences of the crisis in Georgia

2020/04/31223-1586335605.jpg
Read: 966     14:00     08 Апрель 2020    

Galt&Taggart in its research notes that hotels, restaurants, shopping centers, recreation and entertainment and transport will be most affected by the crisis.

The crisis will also affect the financial sector, construction, real estate, trade, manufacturing and education.

But the most profitable sectors will be healthcare, pharmaceutical companies, agriculture, e-Commerce, communications, and domestic tourism.

At the same time, the number of unemployed is expected to increase in the country.

In this regard, the company recommends that the government help the needy segment of the population, including paying for utilities, halve property tax, attract international funding, change regulations for businesses, and suspend pension contributions.

In addition, the recommendations include easing financial conditions for the banking sector, simplifying banking regulations, improving the equipment of clinics, and strengthening support for strategically important sectors.

It also suggests developing a new economic model, making maximum use of the free trade regime, increasing the potential of production for the domestic market and exports, and conducting a thorough reform of the education sector.

Source sputnik-georgia.ru





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Consequences of the crisis in Georgia

2020/04/31223-1586335605.jpg
Read: 967     14:00     08 Апрель 2020    

Galt&Taggart in its research notes that hotels, restaurants, shopping centers, recreation and entertainment and transport will be most affected by the crisis.

The crisis will also affect the financial sector, construction, real estate, trade, manufacturing and education.

But the most profitable sectors will be healthcare, pharmaceutical companies, agriculture, e-Commerce, communications, and domestic tourism.

At the same time, the number of unemployed is expected to increase in the country.

In this regard, the company recommends that the government help the needy segment of the population, including paying for utilities, halve property tax, attract international funding, change regulations for businesses, and suspend pension contributions.

In addition, the recommendations include easing financial conditions for the banking sector, simplifying banking regulations, improving the equipment of clinics, and strengthening support for strategically important sectors.

It also suggests developing a new economic model, making maximum use of the free trade regime, increasing the potential of production for the domestic market and exports, and conducting a thorough reform of the education sector.

Source sputnik-georgia.ru





Tags: