PM - Mechanisms should be introduced in order not to have inadequate interest rate on pension-secured loans
PM - Mechanisms should be introduced in order not to have inadequate interest rate on pension-secured loans

Certain mechanisms should be introduced in order not to have such inadequate interest rate on the pension-secured loans, – Prime Minister of Georgia Giorgi Kvirikashvili said at the extraordinary session of parliament today.

“We have discussed the pensioners’ issue with the parliamentary team that certain mechanisms should be introduced in order not to have such inadequate interest rate on the pension-secured loans. It may require certain regulations. We will gladly consider these initiatives. Although the fact that pensions are assigned to one bank was decided on the basis of a tender, but if there are problems in this direction, we are ready, including the Ministries of Finance and Economics, to get involved and consider the issue, “- Prime Minister said.

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