Home / Economy / The World Bank Welcomes Government’s 4-point Reform Plan
The World Bank Welcomes Government’s 4-point Reform Plan

The World Bank Welcomes Government’s 4-point Reform Plan

The World Bank welcomes Government’s 4-point reform plan, – respective statement was made by the World Bank’s Regional Director for the South Caucasus Mercy Tembon, after her meeting with the Prime Minister of Georgia Giorgi Kvirikashvili.

The main topic of the conversation was partnership between the World Bank and Georgia within the frames of Country Partnership Strategy – program that foresees the total financial support of USD 1.2 billion.

The implementation process of the Program was assessed positively by the World Bank.

“This Program encompasses time period from 2014 to 2017 and towards the end of it, we discussed the progress achieved during the implementation process. We welcome Government’s 4-point reform agenda, which includes areas, such as education, infrastructure and growth of effectiveness of public sector.

We hope that this will be a new step in terms of preparation for the new project, which will launch in 2018-2020. We will work in close cooperation with Georgian Government and partners to ensure success of this agenda. We are very optimistic about it,” Mercy Tembon noted.

The meeting was attended by Jan van Bilsen, Regional Manager of the International Finance Corporation (IFC) for the South Caucasus and the Business ombudsman Giorgi Gakharia, Secretary of Economic Council.