ADB maintains Georgia’s growth outlook at 4.5% for next year

The FINANCIAL — A new Asian Development Bank (ADB) report, the Asian Development Outlook 2020 Update said that Georgia is forecast to return to the economic growth of 4.5 percent in 2021 thanks to expected recoveries in tourism, private consumption, investment, and net…

4 mins read

Germany and France allocate over €250 mln to Georgia

The FINANCIAL — The French Development Agency and the Ministry of Finance of Georgia signed a EUR 58 million loan to finance the reconstruction of water and sanitation utilities in Khashuri. The activities financed under the loan will be supplemented by a EUR…

5 mins read

ADB Sells $3.25 Billion 3-Year Global Benchmark Bond

tHE financial — The Asian Development Bank (ADB) returned to the US dollar bond market with the pricing of a $3.25 billion 3-year global benchmark bond issue, proceeds of which will be part of ADB’s ordinary capital resources.…

2 mins read