Georgia to receive $50 million from EBRD

Georgia will receive $50 million from the European Bank for Reconstruction and Development (EBRD) to promote the development of entrepreneurship. The corresponding agreement was signed in Tbilisi between the Bank and the Bank of Georgia in the framework of financial and technical support from the European Union.

It was signed in the context of the program (DCFTA Facility), worked out by the European Commission to promote the DCFTA, which aims to increase support of small and medium businesses in Georgia, Ukraine and Moldova.