Finance Ministry signs loan agreement worth of EUR 90 million with KfW
Finance Ministry signs loan agreement worth of EUR 90 million with KfW

The Minister of Finance has signed a €90 million loan with the German Development Bank (KfW) to manage the coronavirus pandemic and its consequences, also, to rehabilitate the country’s economy.

The loan agreement was signed by the Minister of Finance of Georgia Ivane Machavariani and Head of the South Caucasus Regional Office of German Reconstruction Credit Bank (KfW) Klaus Veigel.