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Home›Money Management›Government to subsidize interest rates on loans to fitness centers

Government to subsidize interest rates on loans to fitness centers

By Larry Bowman
April 7, 2021
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In order to support the fitness industry in Georgia, the government will subsidize the interest rate on loans to fitness centers, announces Georgian Minister of Economy Natia Turnava.

As this is not an industry scheduled to open in February, we will include it in the state program of “Produce in Georgia” and help them by subsidizing the loan interest rate “, said Turnava.

She added that the decision will be approved at the next government meeting.

As there are signs of an easing of the epidemiological situation in parts of Georgia, the Georgian government decided to lift the coronavirus restrictions in February and March, but the fitness industry is not on the line. listing.

Municipal transport, schools, stores and shopping centers will resume in Batumi, Zugdidi, Gori, Poti and Telavi from February 1, as well as stores and shopping centers will be opened in Tbilisi, Kutaisi and Rustavi.

In the Ajara region, it will be allowed to receive guests in open spaces and open catering facilities, but restrictions on weddings, various social events or parties are still in effect.

Also in February, open and closed markets will be open in all cities in Georgia.

From March 1, operations of schools, kindergartens and vocational and higher education institutions are expected to resume.

Municipal transport is also expected to resume operations in March.

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