Georgia to receive EUR 90 mln in financial assistance from the German government

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18 November 2024, 03:25

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Georgia to receive EUR 90 mln in financial assistance from the German government

28-05-2020 17:48

Georgia will receive EUR 90 million in financial assistance from the German government. The Minister of Finance has signed such loan with the German Development Bank to manage COVID-19 pandemic and its consequences, also, to rehabilitate the country’s economy.

The loan agreement was signed by the Minister of Finance of Georgia Ivane Machavariani and Head of the South Caucasus Regional Office of German Reconstruction Credit Bank Klaus Veigel.

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