The French Growth Company (AFD) is planning to lend about €483 million to Georgia via the brand new partnership settlement signed for 2021-2023 between Georgian Finance Minister Lasha Khutsishvili and AFT Regional Director for Eurasia Cecile Couprie at present, Trend stories citing Agenda.ge.

“With the signature at present of a 3 12 months partnership between France and the AFD on the one hand, and the Georgian authorities and Ministry of Finance however, to the tune of €150 million per 12 months, France as a part of Crew Europe is confirming our intention to be robust associate for Georgia”, mentioned French Ambassador to Georgia Diego Colas.

The cash might be spent on water sources administration, irrigation, agriculture, city improvement and connectivity, power, social welfare and well being sectors of the Georgian financial system.



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