05 May 2024,   16:21
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USAID to allocate USD 67 million-worth grant to Georgia - Irakli Garibashvili and Kelly Degnan signed the agreement

Georgia and the US signed a grant agreement based on which the United States Agency for International Development (USAID) will allocate USD 67 million-worth grant to Georgia with the prospect to increase the sum up to USD 330 million.

The Prime Minister Irakli Garibashvili and U.S. Ambassador to Georgia Kelly Degnan opened the signing ceremony at the Governmental Administration.

The new agreement makes it possible for USAID/Georgia to fully implement the development strategy it launched in 2020, supporting Georgia to strengthen resilience against malign influence, build citizen-responsive and accountable democratic institutions, and achieve inclusive economic growth that creates high-value job opportunities in communities around the country.

The new Development Objectives Grant Agreement reflects USAID’s commitment to partnering with Georgia to overcome the remaining challenges to sustainable development, including the need for citizen-centered politics, continued progress in strengthening the Rule of Law and accountable governance, countering malign influence, and sustainable employment opportunities in the country’s regions.

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