Georgian Gov’t exempts 8,000 farmers from agricultural fines
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The Government of Georgia is making amendments to the State Property Law to encourage farmers to work the agricultural sector without facing financial obstacles.
The updated law would see about 8,000 leaseholders be exempt from fines they were obligated to pay based on leasing agreements for agricultural lands signed until January 1, 2014.
In total the Government will forgive farmers’ loans valued at about 20 million GEL.
Economy Minister Dimitri Kumsishvili led a discussion about the amendments at today’s Governmental meeting.
"Today we presented amendments to the State Property Law to the Government, which is about agricultural lands. These are the lands that were granted on lease in 1992-2005 years.
On one hand the Government will exempt farmers from fines – the farmers had no idea they had been fined during all these years – and on the other hand we will improve relations with farmers,” said Kumsishvili.
Additionally, the Economy Minister announced the Government would forgive farmers’ unpaid rents for agricultural equipment which were rented between 2005 and 2007.
All farmers who want to have their fines wiped should write a claim and apply to the National Agency of State Property.
A tax debt of 1 billion GEL will be slashed from more than 20,000 taxpayers, Georgian authorities announced today.
The Government of Georgia is introducing a new law to encourage people to live and work in Georgia’s mountain regions.
All beneficiaries who are supported by domations or receive financial aid from charity organisations for medical treatment will be exempt from paying income tax.
The Georgian Government will continue to support Georgia’s high mountain regions to improve the infrastructure and conditions for those living there in a bid to reduce migration from rural areas to the city.
Georgia is taking measures to further develop small and medium-sized enterprises (SMEs) in the country, support entrepreneurs, improve regional markets and increase local salaries to create a better, stronger Georgia.
The Georgian Government is continuing its dialogue with local business leaders, introducing them to current and future reforms, and offering a supportive hand to the wider business community as it carries out its activities.
The Prime Minister of Georgia Giorgi Kvirikahsvili stated today that the Government would be particularly focused on development of Georgian regions.
Georgia has updated its list of high mountainous settlements, meaning that locals of six more villages will enjoy special financial benefits, which will help them improve their living conditions and develop local small and medium-sized business.