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LOANS & CREDITS August 28, 2020

Log-in Georgia Project

WASHINGTON, August 28, 2020 - The World Bank’s Board of Executive Directors today approved the following project: Log-in Georgia Project.

IBRD Loan: EUR 35.7 million ($40 million equivalent)

Terms: Maturity = 25 years, Grace = 14 years

Project ID: P169698

Project Description: The project aims to increase access to high-speed broadband connectivity for populations in rural areas, promote the use of select digitally enabled services (including digital public services) among connected populations, and improve the affordability of broadband services across the country.

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Sona Panajyan