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Bureaucracy is the Biggest Problem faced by the Georgian Business

Bureaucracy is the Biggest Problem faced by the Georgian Business

The new Prime Minister of Georgia Giorgi Kvirikashvili promised businessmen to deliver them from what they consider the biggest problem – the bureaucratic barriers.

According to him, it’s necessarily to minimize the bureaucratic pressure on business, and simplify procedures for the private sector. The Prime Minister mainly touched on the economic issues.

Bureaucratic barriers and insufficiently rapid decision-making  are the issues the Georgian business has been talking about for a long time, as the businessmen say just these factors greatly hinder the development of the private sector in the country.

According to Irakli Iashvili, Chairman of the Supervisory Board of the carrier company East Gate Group, disadvantages of the government’s economic team have been evident for 3 years – in particular, they authorities slowly made their decisions and the issues remained unresolved  for months.

In the words of Gigla Mikautadze, the head of the Taxpayers Union of Georgia, bureaucratic problems and insufficiently rapid decision-making particularly hinder the development of the  big business in Georgia.

“State structures have to make decisions in a timely manner. The state should  protect the legitimate business interests, and especially the business ombudsman should be interested in the issue,” he believes.

The business ombudsman Giorgi Gakharia also talks about  the  major bureaucratic problems. According to him, the main problem of business is the tax administration.

“This is a major problem faced by the business not only in Georgia, but also in many other countries. We clearly see the need to remove bureaucratic barriers and simplify tax administration. This should definitely be done, and the sooner the better,” the business ombudsman points out.