Georgia: AIIB approves US$100m loan to Georgia

The Asian Infrastructure Investment Bank (AIIB) has approved €91.3m (US$100m) loan to help the government of Georgia mitigate and address the health and social impacts of the Covid-19 pandemic. Funded by AIIB’s Covid-19 Crisis Recovery Facility and jointly financed with the World Bank, the loan will finance Georgia’s health infrastructure and social protection measures for…