EBRD Executives Visit Georgia

Seven directors from the European Bank for Reconstruction and Development (EBRD) are visiting Georgia to hold talks with senior government officials and business leaders. 
 
A press release, issued by the EBRD on October 12, reads that the goal of the visit is to learn more about the state of reforms and transition in the country. The Bank?s cumulative commitments in Georgia, which pursue a structural reform and a large-scale privatization programme, stood at Euro 319.6 million in August 2005.

In Tbilisi, the EBRD directors will hold talks with the Georgian President, Prime Minister, Parliamentary Chairperson and the National Bank President, according to the EBRD.
 
The EBRD?s main strategic orientations for Georgia focus on the promotion of private-sector activity and investment through support for domestic and foreign investors, small and medium-size enterprises to build stability in the power sector and enhance the investment climate.

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