20 April 2024,   12:18
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Farmers leasing relatively smaller parcels will be able to purchase them at a 25% discount

A Government meeting chaired by the Prime Minister was held today. The Cabinet discussed 13 issues listed on the agenda.

Today’s meeting made a decision to offer concrete benefits to farmers willing to buy out leased lands. In particular, farmers leasing relatively smaller parcels will be able to purchase them at a 25% discount. This decision, applicable to almost 2,000 lessees, seeks to expand access to agricultural lands in order to encourage economic development and employment.

Minister of Regional Development and Infrastructure Irakli Karseladze briefed the Head of Government on the implementation of the program Renovated Regions, emphasizing that the special commission is holding regular meetings and concrete areas are selected to implement projects under the program. Last week, the commission held meetings in West Georgia.

Renovated Regions, an unprecedented program implemented on the initiative of Irakli Garibashvili covers 63 Georgian municipalities-with the estimated value of its first phase alone making up GEL 500 million and is designed to ensure urban renovation in the regions, involving the development of important sites owned by the state, municipalities, and private owners.

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