The Asian Infrastructure Investment Bank (AIIB) has approved a loan of €91.34 million ($100 million) in support of an emergency project 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 COVID-19 preparedness. To strengthen the government’s response to contain the pandemic, the loan also will support early detection and confirmation of cases, as well as disease surveillance and strengthening of health system preparedness.
“The project’s emergency healthcare assistance and social protection measures are closely interlinked. They aim to support Georgia’s pandemic response and its efforts to protect the most vulnerable people affected by COVID-19,” said Konstantin Limitovskiy, vice president of investment operations at