Georgian Prime Minister Irakli Garibashvili and Odile Renaud-Basso, the President of the European Bank for Reconstruction and Development, on Saturday reviewed the current and future projects, financed by the Bank, including the ones in the fields of transport and municipal infrastructure, as well as education, energy, banking sector, and agriculture.
In a meeting held on the sidelines of the ongoing Munich Security Conference, Garibashvili briefed Renaud-Basso on the economic situation in Georgia and stressed that the country continued double-digit economic growth amid the “most difficult challenges in the world”, maintaining sustainability and macroeconomic stability.
We have invested €5 billion in Georgia to date, 80% of that in the private sector.
— Odile Renaud-Basso (@OdileRenaud) February 18, 2023
The @EBRD is keen to do more and to support further reforms.
A pleasure to see @GharibashviliGe here in Munich at #MSC2023. https://t.co/vdDMVHiyhl
In his tweet following the meeting, Garibashvili said he looked forward to enhancing the cooperation between Georgia and EBRD for the country’s further development.
Great meeting w/@OdileRenaud, @EBRD President in the frames of the @MunSecConf. Thankful for supporting important reforms in public & private sectors & for being responsive to ????????'s strategic directions. Looking forward to enhance our coop to continue ????????'s development. pic.twitter.com/ow7XTz9C0h
— Irakli Garibashvili (@GharibashviliGe) February 18, 2023
The Head of the Government thanked the EBRD President for the support offered by the Bank for Georgia’s European aspirations, the Government Administration said, adding the EBRD provided up to €4.9 billion for the country’s public and private sectors.