The party 'Reformer' demands the postponement of loans
By Anastasia Sokhadze
Tuesday, September 22
According to the Reformer, the government should take into account the difficult economic situation of the population, stressful social background, national currency exchange rate, inflationary processes and the grace period for citizens should continue until the end of 2020.
"Due to the dire economic situation in the country, the reformer has come up with an initiative to postpone loans for three months again,” stated Maia Kukava, Member of the Party Reformer, Vake Majoritarian MP Candidate.
According to the party, the government should take measures with financial institutions so as not to harm the banking sector and the interests of private business.
At the initiative of the reformer, the grace period for citizens should be extended until the end of 2020 and also apply to citizens who have not been identified by the state as victims.
"Both individuals and legal entities should benefit from the additional grace period. The deferral should apply to both consumer and mortgage loans, as well as car loans, credit cards, overdrafts, and standard business loans. Concessional loan terms should be used by all business operators who have suffered huge losses in recent months and are not able to make loan contributions in the near future," said Kukava.
The party Reformer was registered with the Central Election Commission on August 10th. Prior to its establishment as a political party, the Reformer was a youth platform and implemented various social, educational, and cultural projects for young people living in the regions. These projects were aimed at developing the country's strategically important areas and creating a stable economic environment.
