In the Spotlight
威廉希尔体育ADB has approved a $100 million loan to help the Government of Georgia contain the spread of COVID-19, mitigate the pandemic’s impact on businesses, and protect the livelihoods of the most vulnerable.
威廉希尔体育ADB President Masatsugu Asakawa and Georgian Prime Minister Giorgi Gakharia yesterday discussed ADB’s support package for Georgia’s fight against the novel coronavirus disease (COVID-19) pandemic.
ADB President Masatsugu Asakawa and Georgia’s Minister of Finance Ivane Matchavariani discussed how ADB can support Georgia in its fight against the COVID-19 pandemic. Georgia is experiencing a dual shock from the direct impact of the pandemic and indirect effects of lower oil prices. The impact will be particularly severe on tourism and other services.
The 5-year partnership strategy, from 2019–2023, supports the Government of Georgia’s overall development strategy to increase productivity and reduce poverty through closer economic integration with its neighbors and the rest of the world.