Georgia Attracting Investors with Liberal Economic Environment
Aleksi Aleksishvili, Chairman and CEO at PMCG, in an Interview with Georgia Finance explains how can small countries like Georgia build competitive advantage on the global markets and become attractive destination for foreign investors.
Georgia has a consistent track record with regard to improving its busines environment. However, having a favourable business environment has yet to make a significant impact on the country’s competitiveness. Therefore, Georgia is initiating a new corporate income tax system, entailing a switch from the classical profit tax system to a distributed profit tax regime.
In December 2015, compared to the same month of the previous year 2014, the volume of total deposits increased by 24.8% (3 080 mln GEL), while the volume of total loans to the national economy increased by 23.5% (3 074 mln GEL), PMCG reports.
Enabling Students to Attain High Quality Education
On February 10, Policy and Management Consulting Group (PMCG) awarded students with PMCG’s scholarships to continue studying at the International School of Economics at Tbilisi State University (ISET).
Transferring V4 and Georgia Reform Experience to Facilitate Economic Development in Belarus
“I’m really fascinated by the results Georgia has achieved. Belarus has already begun to introduce similar systems and I think Georgia’s experience will help us to implement the reforms in an easier way,” said Roman Gupolovich, the Head of the Division of Customs Control Organization and Analysis at the State Customs Committee.
What are the Challenges of Compulsory Pension Saving Scheme
The research findings will be presented by Davit Utiashvili, economist. Aleksi Aleksishvili, the Chairman at Policy and Management Consulting Group (PMCG), will open the event and Basa Janikashvili, the writer, will moderate the discussion.