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PROBLEMS OF STATE DEBT MANAGEMENT OF GEORGIA IN THE PANDEMIC.

Authors :
Giuli, Giguashvili
Tea, Khorguashvili
Tamar, Makasarashvili
Natia, Khorguashvili
Source :
European Science Review. May/Jun2021, Issue 5/6, p75-78. 4p.
Publication Year :
2021

Abstract

The COVID-19 pandemic caused the economic crisis in Georgia, as well as in many other countries of the world, and aggravated economic, social, cultural, educational, and other problems. Due to the pandemic, the restrictions and regulations introduced by the state sharply hindered economic activity, increased unemployment, aggravated inflation, and made the social problems of the population even more unbearable. The Georgian government has been forced to increase public debt, which has been growing in recent years and is a heavy burden on the country's population. The paper analyzes the measures taken by the Government of Georgia to overcome the crisis caused by the pandemic and expresses views on the potential challenges of the post-pandemic period, the tendency of public debt growth, the peculiarities of management. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
23105577
Issue :
5/6
Database :
Academic Search Index
Journal :
European Science Review
Publication Type :
Academic Journal
Accession number :
155855552
Full Text :
https://doi.org/10.29013/ESR-21-5.6-75-78