Restructuring support during financial turbulence
How can Deloitte assist you
The COVID 19 (C19) pandemic has triggered an economic downturn and plunging securities markets, which are becoming an unprecedented global challenge. Most governments have already announced economic stimulus measures.
In Georgia, the problem is escalated due to the sharp drop in tourism, collapse in oil prices across neighboring economies and extreme volatility in the GEL exchange rate. The effects of these key indicators are magnified as a results of uncertainty in future trend lines. In this environment, it is becoming critical for businesses to effectively manage their current liquidity issues and promptly adjust business strategies to address the new, rapidly changing circumstances. Here at Deloitte, we understand the complex nature of the situation and stand ready to provide our clients with the maximum level of assistance.