$100 Million ADB loan to further strengthen Georgia's fiscal resilience
The Asian Development Bank (ADB) has approved a $100 million policy-based loan to deepen Georgia's reforms to fiscal management, capital markets, and its pension system.
According to ADB, the second subprogram of the Fiscal Resilience and Social Protection Support Program builds on the accomplishments of the first subprogram approved in 2020, which helped to improve Georgia's macroeconomic resilience during the COVID-19 pandemic.
