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Business and Agro Loans in Georgia are Cheaper than in Europe, Says Prime Minister

Business and Agro Loans in Georgia are Cheaper than in Europe, Says Prime Minister

It was our promise to  provide cheap credits, – Prime Minister Irakli Gharibashvili said at the meeting with voters. According to him, interest rate for businessmen and farmers is 1 or 2 per cent, while it is 3-4 in Europe.

“We have a unique program Produce in Georgia. We subsidize credits for businesses. What else can the government do for business? In addition, we give land to factories free of any charge. Our promise on cheap credits has been fulfilled”, the PM said.

According to him, wages of doctors and teachers have been increased. He also talked about the law on the mountain. “W adopted the law to strengthen the mountain. We introduced special conditions”, he said.