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Millions allocated to Georgia again – New agreement

07.08.2020,17:31


August 7, Fineko/abc.az. Germany has prepared project "Economic Stability of Georgia & Increasing its Resilience to the Crisis", ABC.AZ was informed at the Ministry of Finance of Georgia.

This project envisages assistance to Georgia in the amount of 180 million euro. The agreement was signed by Georgian Finance Minister Ivane Machavariani and the head of the regional office of the Bank for Reconstruction & Development in the South Caucasus, Klaus Weigel.

Financial assistance in the amount of 180 million euro will be used to solve the problems caused by the pandemic.