World Bank: many coming reforms are very promising for Georgia

  • “The whole world is up against these challenges with rising inflation and the impact it is having on the economy and population. We talked about the measures being undertaken here in Georgia in terms of monetary policy to address inflation,” Bjerde said. Photo: Finance Ministry of Georgia.

Agenda.ge, 17 Nov 2021 - 17:44, Tbilisi,Georgia

World Bank Vice President for Europe and Central Asia (ECA) Anna Bjerde has stated that many reforms particularly in human capital development and formation of a more green and digitised recovery will be ‘very promising for Georgia in the years to come.’ 

She also praised Georgia for the economic recovery in the country after her meeting with Georgian Finance Minister Lasha Khutsishvili earlier today.

Bjerde said that partnership between the Georgian government and the World Bank ‘has been very long-standing.’

Bjerde and Khutsishvili also discussed challenges concerning the Covid-19 pandemic and other economic issues.

The whole world is up against these challenges with rising inflation and the impact it is having on the economy and population. We talked about the measures being undertaken here in Georgia in terms of monetary policy to address inflation,” Bjerde  said.

She stated that the forthcoming reform program ‘which the World Bank looks forward to supporting’ was also on the agenda of the meeting.

Bjerde pledged to continue supporting Georgia in the implementation of key reforms. 

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