↑ Scroll to top

Will the Finance Ministry Board of Appeals Protect Manufacturers’ Interests?

Published: September 5, 2013 | 12:39 pm
Text size: -A +A
1352803711_finansta-saministro

Is the business sector in need of an economic amnesty, and will the Finance Ministry’s Board of Appeals protect the interests of the manufacturers? The United National Movement presidential candidate Davit Bakradze has called upon the government to lower taxes, declare an economic amnesty, and fully decriminalise the business sector. In response, the Minister of the Economy Giorgi Kvirikashvili has stated that it is far too early to talk about a full economic amnesty, and that the Board of Appeals could provide an alternative route to protecting the interests of the manufacturers. According to Kakha Kokhreidze, the President of the Association of Small and Medium Scale Businesses, introducing such an amnesty would be grossly unfair on those businesses which suffered from intimidation under the previous government. He points out that over 60% of the cases reviewed by the Board of Appeals during the first half of 2013 were decided in favour of the businesses. Mr. Kokhreidze adds that the interests of the business sector are also being served by the new government’s initiatives, which guarantee the protection of property rights and the freedom for businesses.

VN:F [1.9.10_1130]
Rating: 0 (from 0 votes)
Share on Facebook Share on Twitter
More posts in category: Local Business News
  • Rustavi Metallurgical Plant to Expand with USD 250,000,000 Modernization Plan
  • The Scale of the Problem with Insurance Companies’ Debts towards Hospitals
  • Davos Women Minority of One as Sandberg Shares with Bossy Girls
  • Education Minister Margvelashvili Claims Charter of Agricultural University of Georgia is Corrected