Georgia and ADB
In the Spotlight
ADB has raised approximately $48.54 million from its first-ever sale of bonds denominated in Georgian lari to support development of the local capital market and smaller businesses in the regions of Georgia.
ADB has approved a $108 million loan to support further upgrades to water and sanitation services in Georgia's secondary towns under an ongoing Urban Services Improvement Investment Program.
ADB is providing a $75 million loan to the Government of Georgia to support a reform program to help strengthen its finances and support inclusive growth.
This working document on Georgia’s transport sector examines the development issues, needs, and strategic assistance priorities of the sector in the country.
As a small, open economy strategically located at the crossroads of Europe and Asia, Georgia is an important nodal point for regional trade flows. Over the past decade, the government has implemented far-reaching initiatives to deregulate the economy, streamline bureaucracy, and combat petty corruption. The government’s priority going forward is more sustainable and inclusive economic growth, with a specific focus on macroeconomic stability and effective public administration, private sector competitiveness, human resource development, and promoting access to finance.
ADB's country partnership strategy (CPS), 2014-2018 for Georgia seeks to foster inclusive economic growth, while enhancing regional connectivity and ensuring environmentally sustainable growth.