Georgian Finance Minister reviews cooperation, discusses projects with ADB officials
Georgian Finance Minister Lasha Khutsishvili on Tuesday reviewed the Government’s cooperation with the Asian Development Bank. Photo: Ministry of Finance
Tweet 
Share
Georgian Finance Minister Lasha Khutsishvili on Tuesday reviewed the Government’s cooperation with the Asian Development Bank and projects supported by the ADB in the public sector of Georgia in a meeting with its officials.
The Ministry of Finance said the meeting involved Xiaohong Yang, the ADB Deputy Director General for Central and West Asia, and Colin Huerter, the Advisor to the United States Executive Director at the Bank.
The officials discussed next year’s annual meeting of the ADB, scheduled to be held in Georgia’s capital city of Tbilisi in May 2024.
Photo: Ministry of Finance
Khutsishvili shared information with the visiting officials on the reform agenda pursued by his Government in coordination with the ADB Cooperation Strategy for Georgia.
The sides noted the Middle Corridor logistical route connection China and Central Asian states to Europe via Georgia was becoming “more attractive” for global connectivity, and emphasised the importance of the development of energy infrastructure in Georgia.
The first gender bond in the South Caucasus region is being launched in Georgia to support women-owned businesses with $7 million support of the Asian Development Bank, the ADB announced on Monday.
The Georgian economy is expected to grow by 4.5 percent in 2023 before reaching a five percent growth rate in 2024, a new report by the Asian Development Bank said on Tuesday.
Georgian Deputy Economy Minister Irakli Nadareishvili on Wednesday said increasing the effectiveness of the small and medium-sized business sector was a “priority direction” of the Georgian Government’s economic policy.
Ongoing projects in Georgia, supported by the Asian Development Bank, were discussed on Saturday by the country’s Infrastructure Minister Irakli Karseladze and Woochong Um, the Managing Director General of the ADB.
Economic questions and cooperation between Georgia and the International Monetary Fund were discussed on Thursday between Lasha Khutsishvili, the Georgian Finance Minister and Vitor Gaspar, the Director of the Fiscal Affairs Department of the IMF.
Georgian Finance Minister Lasha Khutsishvili will join finance ministers, central bank governors, and government officials from Asian Development Bank member countries in the Bank’s 56th annual meeting opening tomorrow in Incheon, Korea.
Georgian Finance Minister Lasha Khutsishvili on Monday met officials from the Asian Development Bank ahead of the ADB’s 56th annual meeting opening tomorrow in Incheon, Korea.
Georgian Finance Minister Lasha Khutsishvili on Thursday highlighted the “strong economic” performance of Georgia and noted its double-digit growth over the past two years despite global challenges at a Business Session of the Asian Development Bank Board of Governors.
Lasha Khutsishvili, the Georgian Finance Minister, on Thursday met Asel Djusupbekova, the Secretary of the Asian Development Bank, to review ongoing work for Tbilisi to host the annual meeting of the Bank in May.