25 June 2019,   02:34
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Banking regulations and restrictions on loans - economists call reform unreasonable


Banking regulations and financial problems, which ordinary citizens have- experts impose the responsible for the current situation on the government.
Economists respond to the statement made by Economy Minister Giorgi Kobulia who confirmed that new bank regulations have created problems for retail sales, but said that significant changes are not planned.Experts assess the attitude of the government and talk about the negative sides of the change.
"Today there is real poverty and poverty is the source of problems in the country. If the banking institutions are not allowed to give credits to people, the shadow economy will get involved in the country. The responsibility lies with the government, which started the chain of these reforms unreasonably, "said economist Irakli Kipiani.

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