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Germany to Allocate 140 Million to Georgia

Germany to Allocate 140 Million to Georgia

Financial cooperation agreement has been signed between Georgia and Federation Republic of Germany.

The mentioned document is a frame agreement, which envisages  allocation of financial resources of 135 million EUR and grant of 5 million EUR for Georgia in order to fund the following projects:

Financial sector support in Georgia;

Safe management of wastes II;

Open program of electro transmission chain expand II;

Water supply of Adjarian villages and arrangement of sewage system.