Finance Minister discusses cooperation with French Development Agency officials
Georgian Finance Minister Lasha Khutsishvili on Tuesday discussed cooperation with Cécile Couprie, the Regional Director for Eurasia for the French Development Agency. Photo: Ministry of Finance
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Georgian Finance Minister Lasha Khutsishvili on Tuesday discussed cooperation with Cécile Couprie, the Regional Director for Eurasia for the French Development Agency, and outlined plans for the third annual bilateral consultation meeting between the Georgian Government and the institution.
The Ministry of Finance said the sides discussed progress achieved as a result of bilateral cooperation and agreed on future partnership.
Khutsishvili thanked Couprie and other AFD officials for their support for the economic development of Georgia and “priority areas” - such as the country’s European perspective, energy independence, human capital and regional development.
He also noted their support for reform of state enterprises, the domestic railway sector, water supply and irrigation infrastructure, social welfare and healthcare fields, and the fight against climate change.
On their part, the AFD officials expressed readiness to continue cooperation with Georgia and support its economic and structural reforms, the Ministry said.
Georgia will receive €100 million from the French Development Agency to co-finance its human capital development programme as part of the agreement signed on Tuesday between the AFD, the ministry of finance of Georgia and the French embassy.
A human capital programme designed to unlock Georgia’s growth potential through investments in health, education and social protection has been launched in the country, the World Bank announced on Tuesday.
Significance of human capital development in Georgia was raised by the country’s Finance Minister Lasha Khutsishvili on Wednesday at an online forum organised by the World Bank.
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.
The next round of intergovernmental talks between Georgia and Germany on development cooperation began on Monday in Berlin, the Georgian Finance Ministry said.