Blog » 2017 - Georgia, Country snapshot, WB work in Georgia.pdf
The World Bank Group has been a key development partner for Georgia since 1992, supporting investment projects and the reform agenda in almost every sector. In 2014, Georgia graduated from the International Development Association (IDA) to become an International Bank for Reconstruction and Development (IBRD)-only borrower, and it has recently moved from the lower-middle-income to upper-middle-income country classification.
The overarching objective of the current Country Partnership Strategy (CPS) for FY14–17 is to achieve faster, inclusive, and sustainable growth while seeking a greater focus on social outcomes and poverty reduction. To achieve this objective, the two strategic areas of focus are strengthening public service delivery to promote inclusive growth and (ii) enabling private sector–led job creation to improve competitiveness. The Bank and the Government of Georgia will soon start preparation of the Country Partnership Framework (CPF) for the next four-year period based on the findings of the Systematic Country Diagnostic that the Bank team is currently carrying out.The current Country Partnership Strategy for 2014–17 aims to upgrade Georgia's transport corridors and increase connectivity. More information.
Georgia Country Fiches:
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