"This is news that I have to admit that I have not had the opportunity to familiarize myself with in detail. In general, what I can say is that the financial sector is strong and resilient and has withstood the shock really well, it has proven to be resilient and I think it is necessary for the government to continue supporting the stability and growth of the financial sector," - Sebastian Molineus said.
As the Prime Minister of Georgia, Irakli Gharibashvili, stated banks and the financial sector will no longer switch to the so-called Estonian model of profit tax, and the existing profit tax system will be maintained for them, which implies a 20% profit tax.