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Launching a subsidy program for small and medium businesses is an important initiative — Levan Arveladze

Launching a subsidy program for small and medium-sized businesses is a very important initiative. Levan Arveladze, Chairman of the Commission on Economic Development, Investment Policy and International Relations, stated at the sitting of the Tbilisi City Council today at the initiative of the Mayor of the capital Kakha Kaladze, which is related to the program of support for small and medium restaurant business representatives.

According to Arveladze, this is a very important initiative that will significantly help the sector affected by the pandemic. «Launching a subsidy program for small and medium-sized businesses is a very important initiative. People who are in a difficult situation due to the economic problems caused by the pandemic will have significant benefits. Financial assistance for the facilities was set at GEL 5,000. In case of operation of more than one restaurant by one legal entity, the financing is 10,000 GEL. ” He noted.

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