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ADB to continue cooperation with new government of Georgia

Georgia Materials 1 November 2012 19:41 (UTC +04:00)
Georgian Finance Minister Nodar Khaduri held an introductory meeting with the Permanent Representative of Asian Development Bank in Georgia Kate Julian.
ADB to continue cooperation with new government of Georgia

Georgia, Tbilisi, Nov. 1 / Trend N.Kirtskhalia /

Georgian Finance Minister Nodar Khaduri held an introductory meeting with the Permanent Representative of Asian Development Bank in Georgia Kate Julian.

The team members of new office, Giorgi Tabuashvili and David Lezhava, who are mentoring budget directions and cooperation with the international financial institutions, were officially introduced to the representative.

The parties discussed the projects, which have already been financed with the support of ADB, the ongoing programs and possible new directions.

The Asian Development Bank is one of the major financial institutions. Georgia joined the organization in February 2007. The bank finances the priority programs and projects of the member countries through lending and technical support.

Currently the bank finances projects in sectors such as municipal, urban, municipal and water infrastructure, and transportation. The bank invests in the highway corridor program. One of its priorities is lending to the banking and industrial sectors.

The representative of the bank stated that they are going to actively cooperate with the Georgian government in support of important projects for the country.

Georgian Parliament approved the prime minister and the new government on October 25. On the same day Ivanishvili held the first Cabinet meeting in Kutaisi and discussed the issues of first importance.

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