19 April 2024,   12:59
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Promise to write off bank debts - deadline for submission of project has expired, but there is no list of concession recipients yet

The Government"s promise on debt annulment - December 3 was the deadline for presenting the list of those people who would benefit from writing off bank liabilities, although the database of concession recipients is not ready yet.
This data base is an opportunity for each citizen to fill in personal data and determine whether the conditions set by the government will apply to them.
The Minister of Finance named micro finance organizations as a reason for postponing the promise. Ivane Machavariani says that in addition, 10 financial institutions have decided to participate in this program. Now the Ministry of Finance and the Foundation "Cartu"are waiting for the specified lists of their clients.
The 10 biggest micro finance organizations are participating in the government program. However, what the "Georgian Dream" promised voters before the election was planned by them much earlier. The private sector has decided to annul loans to socially vulnerable, but the government made the statement ahead of them. Now micro finance organizations are forced to join the Cartu project and without any profit.Why did the government hurry up and why the initiative was not studied or discussed - Opposition MPs say that the project was aimed at bribing the electorate in the pre-election period.

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