Georgia’s Kvirikashvili meets World Bank Regional Director

TBILISI – Georgia’s Prime Minister, Giorgi Kvirikashvili met with the World Bank Regional Director Mercy Tembon today in Tbilisi.

According to the PM’s Press Office, World Bank (WB) is pledging support towards the Four Point Reform Plan, implemented by the Georgian government.

WB Regional Director in South Caucasus underlined that Georgia conducted October 8 elections “in a free and democratic environment.”

Moreover, the WB representatives positively assessed structural reforms recently implemented in Georgia. According to them, International Financial Institution (IFI) is ready to continue its support of Georgia in this direction.

Tembon noted she was pleased with the achievements made through the development of business and entrepreneurship in the country, saying these achievements would be adequately reflected in the World Bank Annual Report on the Ease of Doing Business, to be released soon.

Also, WB delegation pointed out that Georgia has made significant progress in terms of poverty reduction during the recent four years.

Governmental Four Point Reform Plan, actively discussed at today’s meeting, was introduced by the PM Kvirikashvili in February, 2016.

Modifying Georgia's income tax rules, improving governance, accelerating infrastructure projects and developing higher education are four areas of the reform.

Photo: PM met World Bank Regional Director Mercy Tembon.

Source: PM’s Press Office

By Thea Morrison