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Saturday, 22 October 2016


France to allocate 4 million euro credit to Georgia

2008-12-04 18:03

French government is going to allocate a 4.69 million euro credit for Tbilisi International Airport and Gruzaeronavigatsia primary and secondary radars and other navigation equipment supplies.


The project «Financial protocol between Georgian and French governments» was presented by Georgian President to the Parliament for ratification today. It had already been discussed at parliamentary committees - the committee of industry economy and committee of budget and finance. MPs supported adding the protocol to the next plenary meeting's agenda.

The credit term counts 18 years with 6-year grace period with interest rate of 1.1.per cent per year.

The sum will be transferred to Georgia on December, 31st 2009 at latest.


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