BAKU, Azerbaijan, September 19. Georgia attracted $1.23 billion in funding from international financial institutions (IFIs) between 2022 and 2024.
The data obtained by Trend from the Eurasian Development Bank (EDB) shows that the country ranks first in the South Caucasus in terms of EBRD funding, having received $528 million.
Azerbaijan ranks second with $408 million, and Armenia third with $244 million.
Georgia also leads in funding from the International Finance Corporation (IFC), with $310 million.
Moreover, during the mentioned period, the country received $147 million from the European Investment Bank, $111 million from the Asian Development Bank, $30 million from the Asian Infrastructure Investment Bank, $67 million from the Black Sea Trade and Development Bank, and $36 million from the International Investment Guarantee Agency, remaining the leader among countries in the region in terms of the volume of attracted financing.
