კონფერენცია

∘ Marina Endeladze ∘ Natia Tsiklauri ∘
THE IMPACT OF COVID-19 ON THE GLOBAL ECONOMY AND STATEINVESTMENTS IN THE HEALTHCARE SYSTEM

Abstract

The global crisis caused by the Covid-19 pandemic has caused significant damage to both the country's economy and the healthcare system. Budgetary funds turned out to be a lever for fighting against the economic crisis.

To mitigate the impact of the Covid-19 pandemic, it was important to implement measures that prioritized investments in the health sector and provided social assistance to the population, especially the most vulnerable. Rapid transition to strengthening health and social protection systems, promoting the private sector, maintaining financial stability, which is extremely important for human life.

In overcoming the economic crisis, special importance is attached to the optimization of the tax mechanism, the establishment of a rational ratio between the fiscal and stimulating functions of taxes. In overcoming the economic crisis, optimization of the tax mechanism, establishment of a rational ratio between the fiscal and incentive functions of taxes is of particular importance. Which helped us to overcome the country's economic crisis.

Ivane Javakhishvili Tbilisi State University Paata Gugushvili Institute of Economics International Scientific C O N F E R E N C E S "ECONOMY – XXI CENTURY"

E ISSN 2587 - 4691	∘ Marina Endeladze ∘ Natia Tsiklauri ∘ THE IMPACT OF COVID-19 ON THE GLOBAL ECONOMY AND STATEINVESTMENTS IN THE HEALTHCARE SYSTEM Abstract The global crisis caused by the Covid-19 pandemic has caused significant damage to both the country's economy and the healthcare system. Budgetary funds turned out to be a lever for fighting against the economic crisis. To mitigate the impact of the Covid-19 pandemic, it was important to implement measures that prioritized investments in the health sector and provided social assistance to the population, especially the most vulnerable. Rapid transition to strengthening health and social protection systems, promoting the private sector, maintaining financial stability, which is extremely important for human life. In overcoming the economic crisis, special importance is attached to the optimization of the tax mechanism, the establishment of a rational ratio between the fiscal and stimulating functions of taxes. In overcoming the economic crisis, optimization of the tax mechanism, establishment of a rational ratio between the fiscal and incentive functions of taxes is of particular importance. Which helped us to overcome the country's economic crisis.