2022-05-16
There used to be a very high interest rate for pensioners, but now we have a very positive result in this direction, Georgian Prime Minister Irakli Garibashvili stated during today's Cabinet meeting.
In some cases, interest rates reached 100%, the Prime Minister said.
"For years, interest rates for pensioners persisted as a problem. There used to be a very high interest rate for pensioners. Before our Government's coming to power, interest rates in some cases were as high as 100%. Under our Government, and through our direct efforts, these indicators were reduced repeatedly, though they were still high. A few months ago, I assigned Mister Levan Davitashvili to this issue, and a working group was created. Mister Zurab Azarashvili and Lasha Khutsishvili also became involved. In the same vein, representatives of the relevant parliamentary committee were also engaged. We already have a very positive result," the Prime Minister said.
Press Service of the Government Administration