ADB's Work in Georgia
Joined in 2007
Shareholding and Voting Power
Number of shares held:
36,243 (0.341% of total shares)
75,940 (0.571% of total membership, 0.878% of total regional membership)
Overall capital subscription:
Paid-in capital subscription:
Located at the crossroads of Europe and Asia, Georgia has become an important node for regional trade flows. The Government of Georgia has taken steps to deregulate the economy, streamline bureaucracy, and combat corruption. Committed to an inclusive growth process, the government has considerably increased social sector funding and made public expenditure transparent. Solid economic growth is expected to support Georgia’s development and reduce the country’s poverty and unemployment.
Old Town (Altstadt) is the historic city center of Tbilisi – Georgia's capital – boasting of old architecture, cobblestoned streets, and great finds.
ADB has partnered with Georgia since 2007 and is one of the country’s largest multilateral development partners. Over $2.8 billion has been approved for Georgia’s development since 2007. This includes $1.4 billion from regular ordinary capital resources (OCR), $902 million from concessional OCR, $455 million in nonsovereign lending, $17 million in technical assistance, and trade finance.
Cumulative loan disbursements to Georgia amount to $1.59 billion. These were financed by regular and concessional OCR.