Georgian Finance Minister appointed Vice Chairman of EBRD Board of Governors
The decision had been made at the EBRD Annual Meeting and Business Forum, hosted in Morocco. Photo: Ministry of Finance.
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Georgian Finance Minister Lasha Khutsishvili will hold the position of the Vice Chairman of the European Bank for Reconstruction and Development Board of Governors throughout 2022-2023, the Ministry of Finance has announced.
The state body said the decision had been made at the EBRD Annual Meeting and Business Forum, hosted in Morocco.
The Ministry added Khursishvili would be joined by a second Vice Chairman, selected from Jordan at the gathering.
Georgian Finance Minister Lasha Khutsishvili spoke about his country’s potential in generating green energy at the European Bank for Reconstruction and Development's Annual Meeting and Business Forum in Morocco, the Ministry said.
The President of the European Bank for Reconstruction and Development (EBRD) Odile Renaud-Basso has praised the Georgian government’s effort against the Covid-19 crisis and reaffirmed the readiness of the EBRD to continue supporting Georgia in overcoming the challenges posed by the coronavirus.
The European Bank for Reconstruction and Development (EBRD) is allocating €10 million for the reconstruction of Georgia’s Enguri Hydro Power Plant (HPP).
Top governmental officials from more than 60 countries, heads of international institutions, global decision-makers, corporate executives and staff from the European Bank for Reconstruction and Development (EBRD) are gathering in Georgia’s capital Tbilisi to consider a strategy for the EBRD regions for the coming years.
Georgia and the Reconstruction Credit Institute of Germany on Wednesday signed an agreement on financing the Open Energy Efficiency Programme in Georgian Public Buildings, aiming to rehabilitate and improve energy efficiency in public schools of the country.
Odile Renaud-Basso, the president of the European Bank for Reconstruction and Development, has pledged the institution’s support for the Georgian government to turn the country into a logistics hub by strengthening intra-regional connections amid increased demands on alternative routes connecting Europe with Asia on the backdrop of Russia’s invasion of Ukraine.
Odile Renaud-Basso, the president of the European Bank for Reconstruction and Development, on Thursday pledged the institution’s “continued support” for Georgia's economic advancement in the wake of the bank’s investment of €4.9 billion in 270 projects in the country, the Georgian ministry of economy said.