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ADB eyes holding its annual meeting in Georgia in 2024

Georgia Materials 2 May 2022 09:43
ADB eyes holding its annual meeting in Georgia in 2024
Maryana Akhmedova
Maryana Akhmedova
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BAKU, Azerbaijan, May 2. Asian Development Bank (ADB) plans to hold its annual meeting in Georgia in May 2024, Trend reports via the Ministry of Finance of Georgia.

The issue was discussed at the meeting between Georgia’s Finance Minister Lasha Khutsishvili and President of Asian Development Bank Masatsugu Asakawa as part of the annual spring meetings of the International Monetary Fund (IMF) and the World Bank Group held in the US.

The parties assessed current economic prospects for Georgia, ADB’s projects carried out in the country, among which has been the substantial support for combating coronavirus.

Despite the pandemic, Georgia was able to maintain its reform program, supported by ADB, the sides noted.

Khutsishvili and Asakawa expressed mutual hope that the partnership between Georgia and ADB will continue to develop further through structural and economic reforms.

Meanwhile, the meeting of the ADB in Georgia was planned to be held in 2021, however, due to the COVID-19 pandemic, it was postponed.

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