BAKU, Azerbaijan, Apr. 9
By Tamilla Mammadova – Trend:
President of the European Bank for Reconstruction and Development (EBRD) Suma Chakrabarti and President the Asian Development Bank (ADB) Masatsugu Asakawa have promised to help the Georgian economy recover in a video conference with Georgian Prime Minister Giorgi Gakharia on April 9, Trend reports referring to the Government of Georgia press office.
Deputy Prime Minister, Minister of Regional Development and Infrastructure of Georgia Maya Tskitishvili and Minister of Finance of Georgia Ivane Machavariani also participated in the video conference.
As reported, Gakharia and the bank presidents discussed the measures and assistance that Georgia may receive to continue the state-funded programs.
Chakrabarti and Asakawa praised the steps taken by the Georgian government to combat the virus and to cope with the economic crisis sparked by COVID-19. They expressed confidence that the country will be able to rapidly regain its economic rates and positions.
In turn, Gakharia thanked the banks for funding many important projects in Georgia including in the field of infrastructure and stated that all major infrastructure projects funded by EBRD and ADB are being implemented despite the crisis.
"The Georgian government is actively working with local representatives, as well as the head offices of both EBRD and ADB to jointly develop a package of measures that will focus on overcoming the challenges caused by the coronavirus,” the press office said.
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