Deloitte experts give feedback on Georgian fiscal, monetary, sectoral economic policies, recommendations to Georgian government

Experts from Deloitte have analysed Georgian fiscal, monetary and sectoral economic policies and given recommendations to the Georgian government at an online meeting with Georgian Prime Minister Giorgi Gakharia earlier today.

The Deloitte experts had much praise for steps taken by Georgia amid the coronavirus pandemic and said that they were given in a timely manner and in line with international practice.

Economic experts from the New York office of Deloitte highly assess the anti-crisis measures taken by the Government of Georgia and its sectoral support,” said the prime minister's advisor for economics, Beka Liluashvili after the experts’ first presentation about the post-crisis economic plan.

The consultative group has been selected based on its members' many years-long experience with emerging economies and their high level of professionalism. Photo: Government of Georgia press office.

It was noted Georgia has good opportunities to become a more attractive investment platform taking into account its achievements in the international ratings given that many global companies are looking for new arrangements and places to do business. 

• Georgia working with experts from the Cambridge, University of London, Deloitte on post-crisis economic plan

The Georgian government is working with experts from the University of Cambridge and the University of London as well as Deloitte analysts and local experts to create a post-crisis economic plan and decide what steps they should take in order to improve the Georgian economy after the coronavirus lockdown.

The consultative group has been selected based on its members' many years-long experience with emerging economies and their high level of professionalism.

On June 4, Gakharia said that the post-crisis plan will give Georgia an opportunity to be effective and ready to participate in global competition. He said that based on the plan, some steps will be taken this year, but the plan will be oriented mostly for the following year.