20 April 2024,   11:07
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Asian Development Bank will increase investment limit to $ 350 million

First Deputy Prime Minister, Minister of Finance Dimitri Kumsishvili, participates in the 50th Annual Meeting of the Asian Development Bank Board of Governors in Yokohama, Japan.

In the frames of the annual meeting Dimitri Kumsishvili met with the President of Asian Development Bank. Also, bilateral meetings were held with the representatives of other international financial institutions and large investment companies.

Negotiations ended positevely and the Asian Development Bank will increase the country`s investment limit from $ 200 million to $ 350 million.

As noted, the Asian Development Bank supports economic reforms in Georgia and the financial resources received as a result of the negotiations funding for major infrastructural projects.

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