Gov’t to subsidise 80% interest rate on loans to sports industry, private kindergartens, restaurants
The government launched the bank loan subsidy programme for restaurants in December, 2020, and about 2,000 restaurants applied for the programme, but 'for some technical reasons' only 420 met the requirements and received the subsidy, said PM Gakharia. Photo: Nino Alavidze/Agenda.ge.
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In addition to restaurants, the Government of Georgia has decided to subsidise 80% of the interest rate on loans to the sports industry and private kindergartens, announces Georgian Prime Minister Giorgi Gakharia.
The government launched the bank loan subsidy programme for restaurants in December, 2020, and about 2,000 restaurants applied for the programme, but 'for some technical reasons' only 420 met the requirements and received the subsidy, said Gakharia.
Today we will approve a decision to alleviate these technical requirements in order for about 2,000 restaurants that applied to the programme earlier to be able to benefit from this state-sponsored activity. In addition, the subsidy will not apply only to restaurants, but also to the sports industry, sport facilities and also private kindergartens, because there was a very serious demand from them", said Gakharia.
However, organisations that violate Covid-19 restrictions in Georgia will no longer be eligible to receive support from state programmes and will not receive state subsidies, said Gakharia also.
Our response to a deliberate violation of the rules will be very strict. We have decided that organisations that do not obey the restrictions will not receive subsidies and assistance provided by the state through economic support measures against the pandemic. In addition, they will no longer be able to participate in state support activities in the future", Gakharia said.
About 200 restaurants in Georgia plan to resume operations on Saturday, February 6 despite the Covid-19 restrictions, announced the chairman of the Restaurant Association, Shota Burjanadze.
Organisations that violate Covid-19 restrictions in Georgia will no longer be eligible to receive support from state programmes and will not receive state subsidies, announced Georgian Prime Minister Giorgi Gakharia at today's government meeting.
The Georgian government has announced the lifting of several coronavirus-related restrictions due to the decrease in daily infections. Prime Minister Giorgi Gakharia stated earlier today that all public transport around the country will resume operations starting February 8, as well as open markets. Starting February 15 all food facilities, including restaurants will be able to provide their service only in open areas.
In order to support the fitness industry of Georgia the government is going to subsidise the interest rate of loans of fitness centres, announces Georgian Economy Minister Natia Turnava.
Restaurants in Georgia will have to open their doors starting on January 15 or face a risk of permanent closure, Georgian Restaurateurs Association founder Shota Burjanadze said at a press briefing on Wednesday in comments on the current governmental restrictions on the venues.
Restaurant business representatives have changed their mind to resume operations tomorrow despite the Covid-19 restrictions following the decision of the government of Georgia which allows restaurants to provide their services only in open areas starting February 15.
Georgia has reported a total of 404 new cases of coronavirus after conducting 6,321 PCR tests and 7,252 rapid tests over the last 24 hours. Meanwhile, 799 people have recovered and 14 others have died. As of now there are 5,101 active cases of the coronavirus in Georgia.
Georgia has reported 204 new cases of coronavirus, 736 recoveries and 15 deaths in the past 24 hours. Starting today public transport and open markets all around the country have resumed operations. 4,554 individuals remain infected with Covid-19 in Georgia as of today.6,593 tests have been conducted in the past 24 hours around the country.3,887 of the 6,593 tests were rapid tests, while the remaining 2,706 were PCR tests.
In total 400 restaurants operating in the Georgian capital city of Tbilisi will receive one-time financial assistance from Tbilisi City Hall next week, announces the Tbilisi City Hall. During the week-long holidays announced in Georgia on May 4 to prevent the spread of coronavirus, the funding process was suspended.