Government Allocates GEL 30 million to Subsidize Loan Interest to around 1,500 Restaurants

The Government of Georgia has approved an assistance package of GEL 30 million to subsidize loan interests of around 1,500 restaurants for six months, Georgian Economy Minister Natia Turnava noted at the December meeting of the Interdepartmental Coordination Board.

“The restaurant sector has to serve loans of GEL 400 million and we have decided to support our restaurant business to serve these liabilities. We have allocated a budget of GEL 30 million for 6 months. All of us should know how the Government assists the restaurant industry. Around 1,500 restaurants will be able to use this assistance package”, Natia Turnava said.

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Government Allocates GEL 30 million to Subsidize Loan Interest to around 1,500 Restaurants

The Government of Georgia has approved an assistance package of GEL 30 million to subsidize loan interests of around 1,500 restaurants for six months, Georgian Economy Minister Natia Turnava noted at the December meeting of the Interdepartmental Coordination Board.

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Government Allocates GEL 30 million to Subsidize Loan Interest to around 1,500 Restaurants

The Government of Georgia has approved an assistance package of GEL 30 million to subsidize loan interests of around 1,500 restaurants for six months, Georgian Economy Minister Natia Turnava noted at the December meeting of the Interdepartmental Coordination Board.

Last 7 Days Hot Topic

Japanese Cafe Fumfula Expands in Tbilisi Amid Rising Popularity of Asian Cuisine 01

With the support of the International Visegrad Fund (IVF), a meeting was held in the city of Zugdidi within the framework of the ongoing project at the Energy Training Center of GNERC 02

Georgia-Korea Investment Promotion and Protection Talks Advance in Seoul 03

Georgia Sees Surge in Electric Vehicle Registrations 04

The EU Urges Georgia to Refrain from Adopting Legislation that can Compromise Georgia’s EU Path 05

Levan Lepsveridze Joins Jury at Cannes International Festival 06

Japanese Cafe Fumfula Expands in Tbilisi Amid Rising Popularity of Asian Cuisine
01

With the support of the International Visegrad Fund (IVF), a meeting was held in the city of Zugdidi within the framework of the ongoing project at the Energy Training Center of GNERC
02

Georgia-Korea Investment Promotion and Protection Talks Advance in Seoul
03

Georgia Sees Surge in Electric Vehicle Registrations
04

The EU Urges Georgia to Refrain from Adopting Legislation that can Compromise Georgia’s EU Path
05

Levan Lepsveridze Joins Jury at Cannes International Festival
06