In Georgia, growth projected to slow due to impacts of COVID-19 In Georgia, real GDP growth is projected to slow sharply, to close to zero percent in 2020, as the impacts of COVID-19 add to an already challenging external environment.
Supporting the Georgian food industry during the coronavirus pandemic EBRD and EU help local poultry farm Chirina boost its capacity.
EBRD and Georgia step up cooperation during crisis The EBRD has made available an emergency Solidarity Package of €1 billion for its existing clients across 38 economies, including clients in Georgia.
EBRD pledges urgent financing for Azerbaijani companies The EBRD has made available an emergency “solidarity package” of €1 billion for its existing clients across 38 economies, including clients in Azerbaijan.
Presidents of ADB, Kyrgyz Republic discuss bank’s support for country’s fight against COVID-19 Asian Development Bank (ADB) President Masatsugu Asakawa and Kyrgyz Republic’s President Sooronbai Zheenbekov discussed how ADB can scale up its support for the government’s response to the novel coronavirus (COVID-19) pandemic.
$486 million in World Bank financing for Europe and Central Asia countries to address health, economic impacts of COVID-19 Twenty-five countries worldwide will receive a total of nearly $2 billion from this first batch of funding under the World Bank’s fast-track COVID-19 facility, including two countries in Europe and Central Asia.
Kyrgyz Republic gets World Bank financing to respond to COVID-19 pandemic The World Bank’s Board of Directors approved $12.15 million from the International Development Association (IDA) for the Kyrgyz Republic Emergency COVID-19 Project
Tajikistan gets World Bank financing to respond to COVID-19 pandemic The financing will help establish around 100 new, fully equipped Intensive Care Unit (ICU) beds in health facilities across Tajikistan, and strengthen the health system’s capacity to treat individuals infected with COVID-19.
World Bank fast-tracks $100 million COVID-19 (Coronavirus) support for Afghanistan The World Bank’s Board of Executive Directors approved a $100.4 million grant for the Afghanistan COVID-19 Emergency Response and Health Systems Preparedness Project to help Afghanistan take effective action to respond to the threat posed by COVID-19 and strengthen its public health preparedness.
ADB and Asia Alliance Bank partner to support trade in Uzbekistan The Asian Development Bank’s (ADB) Trade Finance Program and Asia Alliance Bank from Uzbekistan signed an agreement providing guarantees to support trade in the country.
