BFC. Georgian Agriculture Finance Bulletin. Edition #3, January 2013
6)
Georgia has the capacity to increase agricultural production
April 21st, 2020, https://cbw.ge/economy/gela-khanishvili-we-can-increase-wheat-production-in-georgia-to-400000-tons
The Deputy Minister of Agriculture believes that Georgia has the capability to increase wheat production to 400,000 tons. The Deputy Minister also believes that the production of barley, corn, livestock and poultry products can also be increased. To this end, the Ministry of Agriculture is working to attracting USD 200 million in investments into Georgia’s agricultural sector. The Ministry is notably discussing this with the European Bank for Reconstruction and Development (EBRD), the Asian Development Bank (ADB) and the World Bank.
7)
State increases funding under micro grant program
April 27th, 2020, https://kalo.ge/news/view?id=8388
Within the framework of the state’s micro grant program, funding assistance for those living in rural areas who desire to run a small business will increase to GEL 30,000. This program has proven successful in the past, and increasing the assistance amount as well as the total portfolio size is expected to help those living in rural areas be able to meet local demand as well as increase the standard of living in rural areas.
8)
Fees for use of irrigation water to be waived in 2020
April 27th, 2020, https://kalo.ge/news/view?id=8387
Farmers and entrepreneurs involved in agricultural activities will be fully exempted from paying for irrigation water used in 2020. This decision was taken by the government of Georgia as part of the measures to mitigate the impact of the COVID-19 pandemic on the various economic sectors of Georgia.
Foreign Aid 9)
EBRD, Georgia discuss cooperative efforts to support Georgia’s economy
April 6th, 2020, https://www.ebrd.com/news/2020/ebrd-and-georgia-step-up-cooperation-during-crisis.html
The European Bank for Reconstruction and Development (EBRD) and the government of Georgia are stepping up cooperation as the country faces economic challenges amid the COVID-19 pandemic. Separately, the two sides have already taken actions to help amid the pandemic, with EBRD making a total of EUR 1 billion in emergency funds available to clients across 38 economies (including in Georgia) and the government approving a stimulus package to support the economy. More recently, the sides have discussed possible avenues of cooperation and are currently exploring how to best work together to mitigate negative impacts on Georgia’s economy as a result of the COVID-19 pandemic.
10) EBRD, EU support Georgia’s food industry during COVID-19 pandemic April 7th, 2020, https://www.ebrd.com/news/2020/supporting-the-georgian-food-industry-at-times-of-covid19.html
The European Bank for Reconstruction and Development (EBRD) and the European Union (EU), via its EU4Business initiative, are supporting Georgia’s food industry during the COVID-19 pandemic. One successful example of this assistance is the poultry farm Chirina, which received assistance in procuring 14 new turnkey broiler farmhouses. The new broiler farmhouses, which were part of the company’s plan prior to the COVID-19 pandemic, were installed more quickly than originally anticipated in order to boost the company’s output by 50%, thereby helping ensure food security in the country. In fact, the
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