Finance Minister, French Ambassador discuss ongoing regional, governance development programmes
The Georgian Minister noted the country was “firmly pursuing” its course of European integration, as well as economic and structural reforms aimed at strengthening the country’s economy and increasing resilience to shocks. Photo: Georgian Finance Ministry
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Ongoing programmes in the areas of regional and urban development, vocational education and governance with the support of the French Development Agency (AFD) were discussed at the meeting between Lasha Khutsishvili, the Georgian Finance Minister, and Diego Colas, the French Ambassador to Georgia, on Wednesday.
Agriculture and energy development of the country and ongoing programmes in the fields were also in the focus of the meeting, with the French Ambassador expressing readiness to continue “active cooperation” with Georgia supporting the economic and structural reforms in the country, the Finance Ministry said.
The impact of the ongoing hostilities in Ukraine on the economic development of the world, on the Black Sea region and on Georgia were also reviewed.
The Georgian Minister noted the country was “firmly pursuing” its course of European integration, as well as economic and structural reforms aimed at strengthening the country’s economy and increasing resilience to shocks.
AFD has provided support to Georgia since 2012, with a total of €250.7 million in financial commitments for projects for urban and rural development, infrastructure, governance and renewable energy. The Agency opened its office in Tbilisi in 2017.
Bilateral relations between Georgia and the Netherlands was a topic of discussion between Georgian Finance Minister Lasha Khutsishvili and Dutch Ambassador to Georgia Maaike van Koldam on Tuesday.
Georgia has wheat resources enough for more than a month and more can be imported if necessary for food security, Georgian Finance Minister Lasha Khutsishvili said earlier today.
The impact of the ongoing hostilities in Ukraine on the economic development across the world, on the South Caucasus region and Georgia was discussed during a meeting between Maciej Czura, the Head of the European Investment Bank (EIB) Regional Representation for the South Caucasus, and Lasha Khutsishvili, the Georgian Finance Minister, on Thursday.
Reforms planned in state-owned enterprises, energy market development, energy security and development of human capital were in the focus of a meeting between Lasha Khutsishvili, the Georgian Finance Minister, Yevgeniy Zhukov, the Director General for Central and West Asia of the Asian Development Bank (ADB) and Shane Rosenthal, the ADB Country Director for Georgia, on Friday.
Lasha Khutsishvili, the Georgian Finance Minister, and Sebastian Molineus, the World Bank Regional Director for the South Caucasus, signed a €358,500 million agreement for the Human Capital Programme for Georgia on Wednesday.
Georgian Railway has received a €500,000 grant from the French Development Agency (AFD) to promote sustainable development of railway transport in the country and to align Georgia with the European Union standards and regulations in the field, the company announced on Monday.