Georgia: Deputy Minister Ekaterine Guntsadze attended the International Development Association’s (IDA) annual meeting on April 26, 2025. It took place within the United States as a part of the Spring Meetings of the International Monetary Fund (IMF) and the World Bank.
As it was expected, the delegates concentrated their discussions regarding the next steps for IDA’s 21st replenishment program. Participants assessed the progress under the 20th replenishment cycle and framed plans to assist the poorest countries in the world.
It should be noted that during the meeting, countries and donors discussed ways to enhance IDA’s focus toward encouraging sustainable development and poverty alleviation through a systemic approach to global matters such as climate change.
The Ministry Of Finance of Georgia also posted on its official Facebook account some details and glimpses of the meeting.
Georgia’s Role as an IDA Donor
As of 2022, Georgia has become an IDA donor and it also marks thirty years since it partnered with the association. This shows how far Georgia has come as a country and its efforts towards international development. Donor countries are usually those that provide aid in this case Georgia has joined as a donor which means that she has moved from a recipient country to a country that helps other nations in need.
Currently, Georgia is taking part in the second round of resource replenishment as a donor country. This participation indicates to a greater extent the responsibility Georgia takes on the international arena. Georgia’s contribution assists IDA to continue her useful work among developing countries where she finances projects to improve education, healthcare, infrastructure and economic activities.
Deputy Minister Guntsadze’s participation in the meeting shows the commitment by Georgia in supporting the transformation of global development by assisting in funding initiatives through IDA. With these funds, Georgia is aiding the creation of a better tomorrow for millions globally.
The IDA is one of the largest sources of funding for the world’s poorest countries, and its replenishment cycles ensure that vital programs and projects continue to receive necessary support.
