Home / Economy / EBRD Implemented Projects of More than $3 billion in Georgia
EBRDEBRD

EBRD Implemented Projects of More than $3 billion in Georgia

After the meeting with the President of European Bank for Reconstruction and Development (EBRD) Suma Chakrabarti, first vice president of Georgia said that EBRD is an exemplary institution, which is outstanding innovator in the country.

Among such projects, vice president names issuance of GEL denominated securities. Also project of the Deep and Comprehensive Free Trade Space Agreement with the European Commission, that foresees issuance of GEL denominated loans for Georgian companies.

Mentioned project encourages development of small and medium enterprises, which are export oriented. EBRD is a donor organization, which has implemented more than 200 projects of three billion USD.

The bank supports development of the country, as well as institutional and structural reform development, in the direction of private sector strengthening.