Minister of Finance provides evaluated larization program well before its official stop.

The First Vice-Premier declares of which final results are not motivated, as of the early data, portfolio connected with 60 million USD is converted throughout GEL.

“As noted, it has been the single support actions from the state. Everyone tried hard and also did everything for activation of the program. I want to thank all families who have played in larization program.? 10,700 families are insured out of foreign exchange fluctuations, this indicates that larization program carries a good result”, – Kumsishvili declared.

He furthermore noted, that larization procedure will be assisted by way of the legislative amendments, in which envisage issuance of financial loans in GEL beneath 100 000 Solution.

“Such loans are distributed in GEL with January 1. Respectably, a typical maturity of such credit history portfolio is 2.5 years, so these plans are re-issued actually. Even so, I think that financial loans under 100 1,000 GEL with real-estate assets will be issued completely in GEL from a definite term”, – Dimitri Kumsishvili, Minister of Finance declared.

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