Georgia: News Releases
Read news releases related to Georgia.
Latest News Releases
Asia-Pacific Must Invest Up to $9.7 Trillion by 2030 to Meet Energy Needs
The Asia and Pacific region must invest between $7 trillion and $9.7 trillion in the energy sector from 2005 to 2030 to meet the rapidly growing demand for energy in the region, according to a new report released by the Asian Development Bank.
ADB Officials in Central Asia to Promote Trade Finance Program
Private sector officials from ADB today completed a visit to Azerbaijan, Mongolia and Uzbekistan as part of ADB's push to expand its Trade Finance Facilitation Program throughout Central Asia.
Central Asian Governments Endorse Plans to Boost Integration, Trade
Ministers at the 8th Ministerial Conference on CAREC today endorsed two major plans to advance cooperation in the region's transport, trade and energy sectors.
ADB President Calls for More Investment, Cooperation, to Improve CAREC Trade Logistics System
Efficient and cost-competitive transportation and logistics services will help governments in the Central Asia Regional Economic Cooperation region stimulate economic activity and promote social and political cohesion, ADB President Haruhiko Kuroda said here today.
ADB to Extend $500 Million to Georgia for Seven-Year Road Upgrade Program
ADB is extending up to $500 million to Georgia to support a major overhaul of vital link-roads between Central Asia and the Caucasus.
ADB to Help Georgia Improve Urban Transport
ADB is providing a $30 million loan to finance infrastructure repairs and upgrades in selected urban municipalities in Georgia which have been hard hit by the global economic crisis and conflict with the Russian Federation.
Asia-Pacific Governments Urged to Consider Conditional Cash Incentives
Asia-Pacific governments should consider enhancing the use of Conditional Cash Transfers to help vulnerable families affected by the global financial crisis, ADB Vice-President Ursula Schaefer-Preuss said today.
ADB Vice-President Inaugurates Resident Mission in Georgia
ADB Vice-President Xiaoyu Zhao on Monday officially inaugurated ADB's Resident Mission in Georgia at a ceremony attended by the country's Finance Minister, Kakha Baindurashvili.
ADB to Provide $200 Million Crisis Support for Armenia, Georgia, Tajikistan
ADB is extending $200 million in loans and grants to help Armenia, Georgia and Tajikistan sustain critical social spending programs that have been imperiled by the global economic crisis.
$5M Grant to Help Central and West Asia Cope with Climate Change
ADB Board of Directors has approved a US$5 million grant to help Central and West Asia address the impacts of climate change on the region.