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Deloitte: Georgia may become more attractive investment platform

Business Materials 18 June 2020 15:33 (UTC +04:00)
Deloitte: Georgia may become  more attractive investment platform

BAKU, Azerbaijan, June 18

By Tamilla Mammadova - Trend:

Experts from New York office of Deloitte have analyzed Georgian fiscal, monetary and sectoral economic policies and based on the analysis, gave recommendations to the Georgian government during an online meeting with Georgian Prime Minister Giorgi Gakharia, Trend reports referring to the government administration.

The Deloitte experts praised the steps taken by Georgia to stimulate the economy despite the coronavirus pandemic and said that the measures were taken in a timely manner and in accordance with international practice.

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

"Economic experts from the New York office of Deloitte highly assess the anti-crisis measures by the government of Georgia,” said the prime minister's advisor for economics Beka Liluashvili.

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

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