The First Deputy Chair of the Sector Economy and Economic Policy Committee, Beka Liluashvili held the briefing to comment about the anti-crisis program and the new legislative initiatives to be registered on December 28.
“The human health and life, along with the minimization of the negative impact of the economic crisis after the pandemic are set as the top priorities of the Government. The key task we have set is to render social support to our citizens and allow them to maintain their jobs. These are the goals of our anti-crisis program we undertake by four stages. 2.8 bl. GEL has been consumed in 2020 in this direction, including for the compensations. The same aspiration is reflected in the state budget 2021, where 1.4 bl. GEL is envisaged under the anti-crisis program. The part of this program requires legal changes and hence, we are to discuss the changes to the Tax Code for the business support term today, as well as the tax remissions for the private sector and the business to mitigate the pressure on their financial state, which in its turn, will maintain the jobs of our citizens and facilitate rapid restoration of the employment rate”.
He introduced the initiatives to be registered at the Bureau, namely the income taxes for the low-salary persons, as well as the leasing and rent agreements, VAT and tourism sector.
The changes will as well be introduced in terms of simplification of the customs and tax procedures.