Ivane Matchavariani Meets with Director of Asian Development Bank

The Minister of Finance of Georgia Ivane Matchavariani held a meeting with the Director of the Asian Development Bank (ADB) Tony McDonald on March 21 at the Ministry of Finance, where they discussed the prospective of the further collaboration between Georgia and the ADB.

The parties underlined the positive dynamics of the partnership and expressed hope regarding the enhancement of the fruitful cooperation in the future.

The Minister praised the guest for the support, the ADB is showing towards Georgia in terms of implementation structural and economic reforms throughout the country.  

The significance of ADB’s assistance for the development of municipal and urban infrastructures, as well as power engineering and road construction was also noted at the meeting.  

Construction of the Kvesheti-Kobi 22.7km road section and 9km tunnel, which is set to increase the transit potential in the North-West direction, is implemented with the ADB funding. In addition, the ADB’s aid regarding the development process of the East-West Highway is also remarkable.

The partnership sectors for 2019-2021, including the scheduled education reforms, were strongly accentuated at the meeting.  

The meeting at the Ministry of Finance was attended by Yesim Elhan-Kayalar, the ADB Country Director for Georgia.

Translated by Ketevan Kvaratskheliya