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Georgia - Third Development Policy Operation

July 21, 2011

IDA Credit: US$40 million equivalent
Terms: Maturity = 25 years; Grace = 5 years
Project ID: P122202
Project Description: The funding will help support reforms directed at sustaining economic recovery and preparing for post-crisis growth. In addition to the macroeconomic and fiscal framework, the main policy reform areas supported include improving the efficiency and effectiveness of public finances, increasing the effectiveness of the social safety net, and enhancing external competitiveness.

Media Contacts
Jonathan Daly
Tel : (202) 473-2588