The World Bank Group recently proposed a new partnership strategy for Georgia which will be implemented through 2017 to reduce poverty and to promote collaboration and coordination among development partners in the country.
The strategy involves cooperation with government officials, civil society organizations, development partners and other stakeholders.
The program will work to offer more inclusion for citizens through the better use of public resources and through the growth of income opportunities. It will also require a strong and sustainable macroeconomic framework, improved gender equality and improved infrastructure and services.
Additionally, governance will need to be strengthened at the local and central levels, according to the World Bank Group.
The new strategy is the result of collaboration with civic representatives, businesses, donor partners and government officials in various areas.
The World Bank Group has been working with Georgia since 1992. It currently has seven active investments in the country totaling $540 million.
- BELARUS MINISTRY OF FOREIGN AFFAIRS: Ambassador of Belarus V.Kolesnik meets the Deputy Secretary-General of ASEAN
- BANK OF GEORGIA: The Bank of Georgia has received the Global Finance Award for "Best Internet Banking for Businesses in Central and Eastern Europe"
- FIRST UKRAINIAN BANK - UKRAINE: FUIB doubled sales of OSAGO insurance policies
- CENTRAL BANK OF AZERBIJAN: On holding auctions on attracting funds by the Central Bank
- UNICREDIT - AZERBAIJAN: UniCredit launches first ETFs combining factor strategy with ESG criteria on European equities
- THE BLACK SEA TRADE AND DEVELOPMENT BANK: AIIB, EBRD and BSTDB co-finance expansion of Turkey’s largest geothermal power plant
- GOVERNMENT OF BELARUS: Lukashenko: Belarus wants to deepen economic ties with Latvia
- GOVERNMENT OF ARMENIA: Open Government Partnership Initiative Working Group Holds Meeting
- EUROPEAN INVESTMENT BANK: France: Derichebourg receives EIB financing of 130 million euros under the Juncker Plan
- INTERNATIONAL MONETARY FUND: IMF Executive Board Completes the Second Review under the Extended Credit Facility Arrangement and Approves US$25 Million Disbursement to Burkina Faso