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Thursday, December 12, 2024

FM Khutsishvili meets World Bank Vice President Antonella Bassani 

Finance Minister Lasha Khutsishvili met World Bank Vice President Antonella Bassani and Bank Executive Director Eugene Rugenaat in Europe and Central Asia.

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Georgia: Finance Minister Lasha Khutsishvili met World Bank Vice President Antonella Bassani and Bank Executive Director Eugene Rugenaat in Europe and Central Asia.

The conversation touched upon cooperation between Georgia and the World Bank. It also reviewed the current macroeconomic parameters, the reforms planned for the country in the medium term, and the progress of infrastructure projects of international importance.

Once again, the parties emphasized the importance of World Bank-supported projects for the country’s sustainable development.

Deputy Ministers attended the meeting: Giorgi Kakauridze, Ekaterine Guntsadze, Mirza Gelashvili, World Bank Regional Director in the South Caucasus Roland Price.

Lasha Khutsishvili, Georgia’s Minister of Finance, met Antonnela Bassani, Vice-President of the World Bank for Europe and Central Asia, and Eugene Rhuggenaath, Executive Director of the World Bank for Georgia.  

The discussion was related to cooperation between Georgia and the World Bank. Current macroeconomic parameters and midterm reforms planned by Georgia were reviewed, along with the flow of infrastructure projects of international scope and magnitude. Dignitaries once again highlighted the significance of projects supported by the World Bank for Georgia’s sustainable development. 

Deputy Ministers Giorgi Kakauridze, Ekaterine Guntsadze, and Mirza Gelashvili attended the meeting, as did Rolande Pryce, Regional Director of the World Bank for the South Caucasus.

World Bank 

The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries to pursue capital projects. 

Antonella Bassani is Vice President of the Europe and Central Asia Region at the World Bank. In this position, Antonella leads the World Bank’s strategic, financing, and knowledge work in this region.

The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five international organizations owned by the World Bank Group. It was established along with the International Monetary Fund at the 1944 Bretton Woods Conference. 

 

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