Sitting of Foreign Relations Committee

28 Jul 2020
Sitting of Foreign Relations Committee

Deputy Minister of Finance, Giorgi Kakauridze introduced to the Committee the Loan Agreement between Georgia and EBRD on Bakuriani Municipal Services Project envisaging the procurement of the necessary technical equipment and modern diesel-powered buses for the city.

According to the rapporteur, the agreement was signed on July 13, 2020 and envisages allocation of 5 ml EURO within 10 years, including 3 of which are preferential and the interest rate depends on EURIBOR. The estimated project completion date is December 31, 2023.

The Committee endorsed the ratification of the agreement.

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  • Sitting of Foreign Relations Committee, July 28, 2020
  • Sitting of Foreign Relations Committee, July 28, 2020
  • Sitting of Foreign Relations Committee, July 28, 2020
  • Sitting of Foreign Relations Committee, July 28, 2020
  • Sitting of Foreign Relations Committee, July 28, 2020