The Government of Georgia resented the anti-crisis plan. According to the Prime Minister Giorgi Gakharia, all these measures will help to minimize the negative influence of the novel coronavirus on the country’s economy.

Giorgi Gakharia - We postpone payment of property and income taxes for hotels, restaurants, travel agencies, transport and tour companies for four months

The Government of Georgia made a decision to offer 4-month holidays on property and income taxes for hotels, restaurants, travel agencies, transport and tour companies. The government will postpone the payment of property and income taxes for 4 months until November 1, which means that the above will apply to about 18,000 companies and more than 50 00 employees. This will leave more than 100 mln financial resources in this sector for March, April, May, June”, - said the Head of the Government.

Giorgi Gakharia - Today I do not see a need to declare a state of emergency today

“We will have to further tighten measures, but today I do not see a need to declare a state of emergency. Yes, the question is relevant as several states have already declared the state of emergency.

But I want to pay attention to one thing - the countries, which declared the state of emergency, also explained what this state of emergency means, what measures are being taken. And if you look at what we have already done, you will see that we have not declared the state of emergency, but we have been taking the same measures for several weeks now. That is why we say that we follow specific challenges on a daily basis and we tighten these measures. I can sincerely tell you that we will have to further tighten measures, but today I do not see a need to declare a state of emergency. This need may come tomorrow”, - explained the Prime Minister of Georgia.

Giorgi Gakharia - If needed, commercial banks will restructure companies’ debts

“Yesterday, we had a meeting with the representatives of the banking sector and we decided that commercial banks will restructure loans of all companies if necessary. The banking sector will restructure their loans within the next three to four months. Only through this, we will leave 100 mln GEL in the tourism sector. In addition, together with the largest banks, we have decided that individuals, citizens of our country, will be exempted from the debt service obligation if necessary within three months. This is very important, both financially and socially”, - concluded the Head of the Government.

Commercial banks will postpone payments

TBC Bank, Bank of Georgia and Liberty Bank will accept postponed payment on loans for three months.
According to them, such decision has been made to prevent people gathering in bank branches and thus to prevent the spread of the new coronavirus. 
TBC Bank offers consumers to postpone paying not only interest rate on loans, but also the loan principal. The decision is made for all physical individuals, micro, small and medium size business and also for large business which are involved in tourism, the food industry or in an industry which is related to the gathering of many people. Bank of Georgia and Liberty Bank say the decision is only for loans of physical individuals.
The interest rate on loans allocated for three months will be distributed in the following months.

Cartu Foundation is ready to allocate funds to protect population from coronavirus

 The Cartu Foundation is ready to allocate as much finances as necessary to protect the population from spread of the novel coronavirus.

According to the statement of Cartu, Georgia and the whole world are facing common challenge and the Government actively works to protect the society.

The work of our Government is given positive evaluation by the World Health Organization. The foundation thanks all clinics and doctors for their efforts in prevention of spread of the virus.

“Our country and our people have overcome many challenges and we are sure that together with the civilized world and by standing together, we will cope with this challenge successfully”, - reads the statement of Cartu.

Ministry of Internal Affairs calls on citizens to use electronic services

Service Agency of the Ministry of Internal Affairs, the Unified Service Center of the Patrol Police Department and the Department of Migration will take appropriate measures, with the aim to fully comply with recommendations and decisions adopted by the Inter-Agency Coordination Council of the Government of Georgia.

For the prevention of spreading the coronavirus, the MIA calls on citizens to use electronic services and visit the Service Agency, Unified Service Center and Department of Migration only in case of emergency.

It is notable that, in order to prevent the spreading of the new coronavirus disease and to offer effective risk management, disinfection is being carried out on the regular basis in all structural units of the Ministry of Internal affairs across the country. Therefore, due to the disinfection activities scheduled on March 14, 17 and 19, all structural units of the Service Agency will be closed. For the same reason Rustavi and Tbilisi branches of the Unified Service Center of Patrol Police Department will suspend its activities on March 14 of the current year.