The funds are mobilized as part of a Team Europe package launched by the EU to support partner countries as they fight the pandemic. Part of the amount was provided to Georgia in the form of a grant, and part – in the form of a soft loan.
Provided by Deutsche Welle
Since March 2020, the European Union has allocated 1.5 billion lari (about 380 million euros) to Georgia within the framework of the Team Europe project to help fight the consequences of the coronavirus pandemic, said the head of the EU Delegation to Georgia, Karl Hartzell. “Almost two-thirds of this amount was provided in the form of a grant, and the rest – in the form of the most preferential loan,” he said in a video interview posted on the website of the EU Delegation to Georgia on Sunday, December 13.
As Hartzell noted, this is one of the largest aid packages provided by the EU to any country on a per capita basis. This, he said, speaks of strong EU solidarity with Georgia against the backdrop of the current crisis caused by the coronavirus pandemic.
Hartzell said that EU assistance to Georgia will be distributed in four main directions. “More than half of the funds will be spent to support the efforts of the Georgian government to overcome the crisis due to COVID-19, including the implementation of an anti-crisis economic plan and financing the proper functioning of the government. To this end, we have already transferred most of the loan to Georgia in the amount of 100 million euros,” the head said EU Delegations.
Strengthening the health care system in Georgia
Karl Hartzell noted that EU assistance is directly aimed at strengthening the health care system in Georgia. It is, in particular, about providing Georgia with medical equipment and training of its medical staff. At the same time, special attention is paid to direct support of the populations most affected by the crisis.
The head of the EU Delegation also pointed out that the efforts of the European Union are aimed at supporting the economic stability and recovery of the Georgian economy. This, he said, will remain one of the main tasks for a long time. According to Hartzell, the European Union has allocated almost GEL 250 million to facilitate access of enterprises to loans, as well as grants in such areas as agriculture, tourism and vocational education throughout Georgia.
See also:
EU opens borders, but not for Russians, Ukrainians and Belarusians (06/30/2020)
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