Giorgi Gakharia: We are working on post-crisis plan together with high-level local and international professionals
Giorgi Gakharia: We are working on post-crisis plan together with high-level local and international professionals

“We must exhibit a higher level of mobilization. The reason and purpose of our today’s meeting is the 2020 anti-crisis budget. We all understand that the epidemic has thrown our economy back, and our key task is to discuss the anti-crisis budget, which will be referred to the Parliament today, and the goal of our gathering is to share opinion before the budget is sent to the Parliament,” the Prime Minister Giorgi Gakharia addressed the Interagency Coordination Council’s economic group.

According to the Head of Government, unpredictability is the main economic problem posed by this crisis, being a major challenge facing global economy and, of course, an even more serious, difficult one in the case of Georgia’s small and extremely open economy.

As the Prime Minister emphasized, that is why it is the Government’s key responsibility to be maximally fair and effective in distributing the country’s resources among the most affected sectors of economy.

“That is exactly why we have presented the anti-crisis plan applying, firstly, to the tourism sector, then agriculture, development, and education, and that is the path we will continue to pursue. And the anti-crisis budget will be our only issue to discuss today. It is not related to post-crisis economic recovery. It is a separate issue we are working on together with high-level local and international professionals. We have created several working groups in London, New York, and Georgia to bring together the faculty of Cambridge and London Universities, and the Deloitte Office in New York. This plan will focus on economic recovery in 2021-2023,” Giorgi Gakharia said.