TODAY.AZ / World news

Georgian parliament, WB sign agreement

11 October 2011 [17:00] - TODAY.AZ
The Georgian government has ratified a financing agreement worth $40 million for the Third Development Policy Operation (DPO-3) to support reforms.

The agreement was signed by Georgian Finance Minister Dimitri Gvindadze and World Bank Regional Director for the South Caucasus Asad Alam on Sept. 5.

This loan is the third and last within three operations providing financial support for the key objectives of the Government's policy reform agenda.

About $175 million was allocated after the August 2008 conflict and the global economic downturn.


Print version

Views: 906

Connect with us. Get latest news and updates.

Recommend news to friend

  • Your name:
  • Your e-mail:
  • Friend's name:
  • Friend's e-mail: