Georgian PM thanks specific retail networks for taking steps to reduce prices
Georgian prime minister Irakli Kobakhidze on Friday expressed appreciation toward specific retail networks for taking steps to reduce prices.
Looking ahead to the medium-term outlook, Kobakhidze noted that a parliamentary commission has identified structural issues within the system, adding that addressing these problems would shorten supply chains, which in turn would have a direct impact on lowering prices.
“First of all, I would like to thank specific retail chains for taking concrete steps toward lowering prices, which is very important. In terms of the medium-term perspective, the parliamentary commission has identified structural problems, and if we overcome them, the supply chain will be shortened, which will directly lead to lower prices. This will require work, and in the medium-term perspective, it will also deliver results”, he said.
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“Approaches to the so-called ‘blacklist’ are being strengthened; it will no longer be possible for the same founders to establish new companies simply by changing their names. This measure is designed to ensure fair competition in tenders,” stated Revaz Sokhadze, Minister of Infrastructure, following a meeting with representatives of construction firms and commercial banks.
Addressing the stalled projects, the Minister explained that the government is responding promptly to the identified challenges.
“We have projects that have been delayed; we are managing them under crisis conditions. Some will be completed, while others may need to be terminated. The key is that our decisions are fair and serve the interests of the state,” Revaz Sokhadze remarked.
According to the Minister, his ministry’s primary role is not to dwell on the causes of problems but to resolve them quickly and effectively.
“Our goal is for the country to see results. The ministry’s decisions are aimed at revitalising the infrastructure sector, creating fair conditions for private companies, and delivering quality projects to the public on time,” added Revaz Sokhadze.