BAKU, Azerbaijan, Jan. 29
By Maryana Akhmedova – Trend:
French Development Agency (AFD) has allocated 30 million euros for Georgia’s Water Supply and Sewerage Sector Reform Program, Trend reports via Georgian media.
The current program is also co-financed by the Asian Development Bank (ADB) within Georgia's Sustainable Development Program. The ADB allocated financial resources in two tranches of 115.3 million euros on this program in 2021.
Within the second tranche of the ADB program, the AFD aims to improve Georgia’s governance in the water and sanitation sector, strengthen the management of the urban and rural water supply and sewerage sector, and support the United Water Supply Company of Georgia.
The document on the allocation of long-term financial resources in support of the budget was signed by the Minister of Finance of Georgia Lasha Khutsishvili, the Ambassador of France to Georgia Diego Colas, and the AFD Eurasia Regional Director Cécile Couprie.
Georgia’s Minister of Finance once again stressed the importance of successful cooperation between Georgia and France and expressed hope that the goals of the agreement signed, as well as the cooperation program for 2021-2023, will significantly contribute to the development of Georgia.
The French side expressed readiness to continue the active partnership in the future to support the ongoing economic and structural reforms in Georgia.
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