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Georgia Signs New Agreement with WB for Promoting Government Reforms

Government of Georgia and World Bank have signed a new credit agreement, under which International Bank for Reconstruction and Development (IBRD) will allocate 44.6mln EUR loan for promoting competitive capacity in the private sector of Georgia.

«I am happy that World Bank actively strengthens competitive capacity of private sector and business environment of Georgia. As a result, all these efforts will grow economic potential of Georgia and ensure stable development, improve living conditions and incentivize various sectors of economy», First vice Prime Minister Dimitri Kumsishvili said.