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29.Oct .2020 17:15

German government allocated additional 20.8 MLN EUR for Georgia

German government allocated additional 20.8 MLN EUR for Georgia
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The Minister of Finance has signed a loan agreement worth of 20. 8 million EUR with the German Development Bank (KfW) to manage the coronavirus pandemic and its consequences, also, to rehabilitate the country’s economy.

The loan agreement was signed by the Minister of Finance of Georgia Ivane Machavariani and Head of the South Caucasus Regional Office of German Reconstruction Credit Bank (KfW) Klaus Veigel.