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Daily Archives: July 4, 2018

NEFCO to Allocate 2.8 Million Euros for Georgia

Georgia will receive financial support from the Scandinavian Environment Finance Corporation for improving energy efficiency of public buildings. The relevant agreement was signed by the Minister of Finance with NEFCO. Within the framework of the agreement NEFCO will allocate 2.83 million euros. The country will also receive grant worth of …

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Georgia Won Against Russia In “Global Inclusion Awards” Of 2018

The National Bank of Georgia won the 2018 Global Inclusion Award in the category of Regional “Country Award”. The Ministry of Finance of the Russian Federation was named in this category together with the National Bank of Georgia. This is the second time the National Bank of Georgia (NBG) listed …

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ADB Boosts Responsiveness and Flexibility with New Products

The Asian Development Bank’s (ADB) Board of Directors approved a set of new products and modalities—including quick release project readiness financing, policy-based guarantees, and financing facilities to support public-private partnership (PPP) and small expenditure financing. “ADB’s new products and modalities will support implementation of the forthcoming Strategy 2030, by expanding …

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