Gov’t to identify individuals who need help after job loss amid state of emergency
Meanwhile, the government has already put forward an initiative to help businesses or individuals who have suffered during the global coronavirus crisis and state of emergency in Georgia. Photo: Nino Alavidze/Agenda.ge.
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The Georgian government will identify people who need help as a result of having lost jobs amid the state of emergency in Georgia.
The government will determine who has lost the job in this period through the decreased amount of people who pay income taxes, said Vice Prime Minister Maia Tskitishvili earlier today.
Income taxes are recorded in the Revenue Service and through the decreased amount of the people who pay income taxes we will be able to determine who did not or could not gain the income during this time,” said Tskitishvili.
Tskitishvili noted that after determining the number of people who have not got income in this period, the government will assess the amount of money needed to help Georgian citizens and the amount of the compensation each person will be given.
On April 2, Georgian Prime Minister Giorgi Gakharia stated that the government will help people who have lost their jobs due to the state of emergency announced to prevent the spread of the coronavirus in the country.
Meanwhile, the government has already put forward an initiative to help businesses or individuals who have suffered during the global coronavirus crisis and state of emergency in Georgia.
The government postponed the payment of value added tax by three months (March, April, May) for those involved in tourism and the state is ready to spend 100 million GEL (about $30.44m/€27.85) to support them.
The government will also cover utility fees, including sanitary service, gas and water bills for three months (March, April, May) for households which consume less than 200 kWh of electricity and 200 cubic meters of natural gas per month.
The ruling Georgian Dream party members in the Georgian government as well as in the Parliament will transfer 1/3 of their monthly salaries to the StopCov fund for three months, said ruling party MP Irakli Kobakhidze earlier today.
In order to reduce the negative effects caused by the coronavirus pandemic and strengthen the Georgian economy, the National Bank of Georgia has developed a temporary supervisory plan, which is in full compliance with the recommendations of the International Monetary Fund, European Central Bank and other leading financial authorities, announces the NBG.
Georgian Prime Minister Giorgi Gakharia stated that the government will help people who have lost their jobs due to the state of emergency announced to prevent the spread of the coronavirus in the country.
A total of 20,500,000 GEL (about $6.24m/€5.70m) has already been accumulated in the StopCov fund as of April 1. The funds raised in the StopCoV fund, that was created on March 23, will be used to meet 'identified needs'.
Georgia has confirmed eight new cases of coronavirus increasing the total number to 156, including 28 recoveries. As of now there are 126 individuals inside the country who are infected with the virus
The Interior Ministry calls on everyone to follow the regulations of the state of emergency, otherwise individuals will face a fine of 3,000 GEL, while legal entities will face a fine of 15,000 GEL; repeat offence is punishable by three years in prison.
Georgia will compensate people who lost their jobs while on leave due to pregnancy, childbirth, childcare or adoption of a child amid the coronavirus crisis.
Georgian commercial banks will postpone payment of loans without capitalisation of interest for another three months for all citizens who have lost their jobs during the coronavirus crisis in Georgia, announces the Prime Minister Giorgi Gakharia.
Georgia has already supported over 72,000 people who have lost their jobs amid the coronavirus crisis with more than 14 million GEL ($4.41 mln/€3.96 mln) in total, while it helped over 51,000 self-employed people with more than 15 million GEL ($4.72 mln/€4.24 mln) in total, said Georgian Health Minister Ekaterine Tikaradze.
Starting June 1 the National Bank of Georgia (NBG) will launch a new tool for liquidity management to support the financing of small and medium-sized businesses in Georgia, announces the NBG.
Georgian citizens who have lost their jobs because of the coronavirus pandemic have been invited to participate in a new training and employment promotion programme launched today by Tbilisi City Hall.