The FINANCIAL - Japan provided medical equipment worth $2.8 million to Georgia

Japan provided medical equipment worth $2.8 million to Georgia

Japan provided medical equipment worth $2.8 million to Georgia

The FINANCIAL -- Ambassador Extraordinary and Plenipotentiary of Japan to Georgia, Mr. UEHARA Tadaharu and Minister of Finance of Georgia, Mr. Ivane Matchavariani signed the Exchange of Notes between Japan and Georgia, for provision of medical equipment to Georgia. Last 20 years, Japan has been offering support to Georgia. Japan has implemented 180 projects in the scheme of grassroots and human security grant projects (no less than 18 million dollars). 

The government of Japan has given medical equipment worth $2.8 million in order to contribute to Georgia’s medium and long term socio-economic development, including enhancement of the medical system as well as help the country to combat the Covid-19 pandemic, as reported by local media agenda. ge

Specific types of equipment, including defibrillator and electrocardiograph, are under discussion and will be finally determined during the following consultations with the Government of Georgia. The medical assistance by the Government of Japan is not temporary aid against COVID 19, but aims to use this unprecedented pandemic crisis in order to contribute to Georgia’s medium and long term socio-economic development, including enhancement of medical system.

For over two decades, Japan has been offering support to Georgia, aiming towards sustainable development, to benefit ordinary people with no one left behind. For example, assistance for the development of infrastructure through projects such as “East-West Highway Improvement Project (Phase 1), and projects related to environmental improvement, including the projects for introduction of clean energy by solar electricity generation system at Tbilisi international airport and Ilia state university (480,000,000 yen or 453 million dollars).

Furthermore, Government of Japan has implemented 180 projects in the scheme of grassroots and human security grant projects (no less than 18 million dollars) for the past 20 years as well. All of these projects have been actively implemented and directed towards establishment of the state self-sustaining development mechanism in Georgia.

The Government of Japan intends to continue assistance and cooperation for the construction of resilient state through such projects as improvement of major sector-agriculture and development of education that is most important basis of state development.

"The Government of Japan sincerely hopes that this project will contribute to additional enhancement of health and welfare system and much more Georgian people will be able to lead healthier lives," says Embassy of Japan in Georgia.

Earlier this week, it was announced that, the International Organization for Migration (IOM) with the financial assistance of European Union handed over modern equipment for document inspection to the Patrol Police Department. The equipment provided to the Patrol Police Department of the MIA complies with international standards and will assist Patrol Police officers in thorough examination of the documents and determination of their authenticity. Read more.

Also, The Asian Infrastructure Investment Bank approved EUR45 million loan to Georgia to mitigate the impacts of the novel coronavirus. The loan provides emergency budgetary support to enable the Government of Georgia to respond to the pandemic more effectively. The financing will enhance inclusive growth and competitiveness, invest in human capital and build resilience by improving connectivity and integration. Funded under AIIB’s COVID-19 Crisis Recovery Facility (CRF) and cofinanced with the World Bank, the loan will fill the unanticipated financing gap that has arisen due to the impact of the COVID-19 outbreak, which could jeopardize Georgia’s ongoing reforms under the Economic Management and Competitiveness Program (EMCP).

With EU support govt of Georgia awarded 11 municipalities with 5M GEL

Author: The FINANCIAL

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