20 Jul 2025
France to offer €483 mln loan to Georgia as part of new 2021-2023 cooperation programme
The French Development Agency (AFD) is planning to lend about €483 million to Georgia through the new partnership agreement signed for 2021-2023 between Georgian Finance Minister Lasha Khutsishvili and AFT Regional Director for Eurasia Cecile Couprie today.
With the signature today of a three year partnership between France and the AFD on the one hand, and the Georgian government and Ministry of Finance on the other hand, to the tune of €150 million per year, France as part of Team Europe is confirming our intention to be strong partner for Georgia", said French Ambassador to Georgia Diego Colas.
The money will be spent on water resources management, irrigation, agriculture, urban development and connectivity, energy, social welfare and health sectors of the Georgian economy.
Latest news
Latest newsThe US and the Transport Corridor Through Armenia: A New Geopolitical Chess Game in the South Caucasus
16.Jul.2025
Azerbaijan Initially Advocated for Direct Negotiations Without Mediators – Expert
15.Jul.2025
A Turning Point for the South Caucasus: Pashinyan and Aliyev Prepare for Critical Talks in Abu Dhabi
10.Jul.2025
The War Without an Exit: Russia's Stalemate in Ukraine
09.Jul.2025
President of Armenia Vahagn Khachaturyan: “We need peace — this is a new chapter in history”
08.Jul.2025
An Alliance Without Illusions: Why Russia Needs Azerbaijan
07.Jul.2025
Russia’s Economy Slips into Stagnation — Recession on the Horizon
05.Jul.2025
Massive Attack on Ukraine Follows Putin–Trump Call
04.Jul.2025
Georgian Parliament Strips Mandates from 12 MPs of Gakharia’s Party and Suspends Its Funding
02.Jul.2025
Scorched Earth Tactics: Why Is Russia Attacking Huliaipole?
02.Jul.2025