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Tag Archives: IBRD

Georgia Signs New Agreement with WB for Promoting Government Reforms

Government of Georgia and World Bank have signed a new credit agreement, under which International Bank for Reconstruction and Development (IBRD) will allocate 44.6mln EUR loan for promoting competitive capacity in the private sector of Georgia. «I am happy that World Bank actively strengthens competitive capacity of private sector and …

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IBRD to Allocate 80 Million to Georgia

IBRD to Allocate 80 Million to Georgia

International Bank for Reconstruction and Development (IBRD) will allocate 80 million to Georgia. Two agreements were signed on Monday. According to Ministry of Finance, “the World Bank will allocate financial resource of 40 million USD for funding the Innovative Ecosystem Project within the frame of the “National Innovation Ecosystem Project” and …

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IBRD Allocates $140m in Construction of Road Section in Georgia

Road Georgia

International Bank for Reconstruction and Development (IBRD) will allocated 140 million USD for funding construction of Zemo Osiauri-Chumateleti road section. The relevant agreement has been signed by Nodar Khaduri, minister of Finance and Mercy Tembon, the World Bank’s Regional Director for the South Caucasus on Wednesday. The project envisages construction …

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