(Original) Head of "European Socialists" believes that in the tax system it is necessary to differentiate the profit tax

10.12.22

The chairman of the political group "European Socialists" Fridon Indzhiya in an interview with "Alt-Info" TV channel stated that the profit of commercial banks of Georgia, which only in the third quarter amounted to 745 million GEL, in itself indicates the need to improve the tax system.

"Can you imagine how much profit will be in a year? This is a colossal figure, and I think it is unacceptable. It is necessary to differentiate the profit tax, so that we can support a certain segment of the population, so that they could carry out activities much more effectively", - said Fridon Indzhiya.

"European Socialists" propose to create at least one state investment, commercial bank in the country, which will clearly regulate the situation in the banking sector, and thus, the state budget will receive a profit.

"The state and the government must take responsibility and, first of all, act only based on the interests of the country and prove to the World Bank and the IMF that the creation of a state bank is beneficial to our state. There are a number of issues that can be resolved if the government shows greater resilience in protecting Georgia's interests," the deputy noted.

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