Asian Development Bank and Georgia: Fact Sheet
Asian Development Bank | April 2015
Abstract
Located at the crossroads of Europe and Asia, Georgia has become an important point for regional trade flows. Over the past decade, the government has taken steps to deregulate the economy, streamline bureaucracy, and combat petty corruption. The Asian Development Bank (ADB) has been supporting Georgia since 2007. ADB is one of Georgia’s largest multilateral financiers, assisting with the development of public infrastructure and services through funding from both the concessional Asian Development Fund (ADF) and ordinary capital resources (OCR). As of 31 December 2014, the sovereign assistance of ADB to Georgia amounted to $1.42 billion in approved loans—$765 million in ADF loans, and $651 million in OCR loans.
Citation
Asian Development Bank. 2015. Asian Development Bank and Georgia: Fact Sheet. © Asian Development Bank. http://hdl.handle.net/11540/5191. License: CC BY 3.0 IGO.Keywords
Economic Crisis
Economic Efficiency
Economic Policies
Regional Economic Development
Economic indicators
Growth models
Gross domestic product
Economic forecast
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