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GEL Strengthens and It May Be Fixed at Reasonable Rate

“Fortunately, GEL is strengthening and there are good preconditions to fix it at reasonable rate”, businessman Lasha Papashvili told reporters.

Larization  is not a bad program and the main thing is that business be protected from stress situations.

“Obligations were denominated in USD for many years, while citizens receive incomes in GEL. I would free payment in the country and payment would be available in any currency. Turkey has already established this practice and any citizen can make payments in any currency”, Papashvili noted.