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Georgia has used 2 billion dollars of donors’ assistance2011-03-01 19:35
Georgia has used 2 billion dollars of the donors' assistance allocated to the country after a conference in Brussels in 2008. According to Novosti Georgia, it was reported yesterday by the country's Prime Minister Nika Gilauri at the government session. PM ordered the minister of finance to provide the public with the detailed information on the realization of these means in the nearest time.gt-en-newsitem-inside
"In 2008-2010, about 2 billion dollars have been spent on various infrastructure projects. Additionally, over 3 billion will be spent in 2011-2013, which will ensure the country's economic activity and will become a kind of a guarantee of foreign investments", - Gilauri added.
"Donor organizations promised to give us 4,5 billion dollars, though after the work that followed, part of the sponsorship of the World Bank and Asian Bank of Development increased, the final amount of assistance reaching 5,5 billion dollars that will be received by Georgia in the coming years", - he underlined.
Let us remind you that the donor conference in Brussels, which was aimed at mobilizing Georgia's foreign policy to provide restoration processes in the country, was attended by 38 countries and 15 international organizations. The event resulted in a decision taken on 22 October 2008 to appropriate to Georgia 4,5 billion dollars for three years since 2008 to 2010.