TBILISI, Georgia, May 3. Asian Development Bank (ADB) supports Georgia in becoming a regional hub, ADB President Masatsugu Asakawa said during a briefing on the sidelines of the annual meeting of ADB, Trend reports.
“ADB is one of Georgia’s largest partners. We have allocated more than $3.9 billion to Georgia in the form of loans and technical assistance grants.
Our country partnership strategy covers three main areas: economic development, social development, and public administration development. We'll continue to support Georgia. In light of Georgia's location between west and east, we support regional cooperation," he noted.
The theme of the 57th annual meeting, scheduled for May 2 to 5, is "Bridge to the Future".
The first session of the Board of Governors will take place on May 4. The opening will mark the official start of the annual meeting. This event is attended by distinguished guests from the host country. Statements will be made by ADB President Masatsugu Asakawa and the Minister of Finance of Georgia, Chairman of the ADB Board of Governors, Lasha Khutsishvili.
The annual meeting provides ADB governors with the opportunity to discuss development issues and challenges facing the Asia-Pacific region. Several thousand participants regularly attend the meeting, including finance ministers, central bank governors, high-ranking government officials, representatives of the private sector, international organizations, civil society organizations, youth, academia, and the media.