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Monday, September 15, 2008

World Bank leading international mission to assess Georgia`s needs....

Fund News: According to a communication from Galt & Taggart Research obtained by Opalesque, last week the Galt & Taggart Index (GTI) fell by 20.66% to 354.8 in GEL terms on a trading volume of GEL 20,317…

Economy
The World Bank is leading an international mission to assess Georgia's needs following Russia's military intervention last month. The joint mission includes the Asian Development Bank, the European Bank for Reconstruction and Development, the European Commission, the European Investment Bank and the United Nations.

The mission, which began its work on Monday, will assess pressing needs in areas such as infrastructure, environment, agriculture, housing, business environment and social needs of those left destitute and homeless by the conflict.

The mission comes in response to a request from the Georgian government to identify priority areas and financial requirements needed for post-conflict recovery and reconstruction.

The World Bank has said it will also help set up a multi-donor trust fu......................


Source:
World Bank leading international mission to assess Georgia`s needs


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