
In a recent meeting, Georgian Finance Minister Lasha Khutsishvili and Asian Development Bank (ADB) President Masato Kanda discussed the continuation and expansion of ADB's financing for both public and private sector projects in Georgia.
Minister Khutsishvili highlighted the ongoing cooperation between Georgia and ADB, noting that the bank's support has been instrumental in various sectors of the country's economy. He emphasized that the ADB's commitment is vital for Georgia's development and expressed gratitude for the bank's partnership.
President Kanda acknowledged Georgia's favorable economic environment, strong growth, and macroeconomic stability as key factors in securing further financial support from the ADB. He reiterated the bank's dedication to assisting Georgia in its development goals.
The ADB has been a significant partner for Georgia since 2007, with a current investment portfolio of approximately $5.1 billion. The bank's upcoming plans aim to increase investment in Georgia and support job creation, aligning with its top priorities both in Georgia and across the region.
This ongoing collaboration underscores the strong partnership between Georgia and the ADB, focusing on sustainable development and economic growth.
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05/05/2025