The two projects indicate a more pronounced focus on support for Georgia’s efforts to address the country’s climate-related development challenges. Two projects were approved on March 24, 2023: the first in a programmatic Development Policy Operation (DPO) series focused on Green, Resilient, and Inclusive Development (US$ 50 million) and the Georgia Resilient Agriculture, Irrigation, and Land Project (US$ 75 million). Other areas of engagement include irrigation, entrepreneurship and innovation, support to micro-, small-, and medium enterprises, as well as regional development. Thirty-five percent of the total commitment addresses challenges in education, health, and social protection, and 30 percent focuses on infrastructure and digital development. Under the CPF, the portfolio has been rebalanced to include more financing in human development. Disbursement stands at $467 million (32.98 percent). An update of the Systematic Country Diagnostic as well as a new CPF for FY24-28 are under preparation.Īs of April 3, 2023, the active lending portfolio amounts to $1.47 billion across 14 investment projects. The CPF was extended by one fiscal year and will be completed at the end of FY23. ![]() Completed in May 2022, the Performance Learning Review adjusted the program to reflect COVID-related developments as well as an increased focus on green, resilient, and inclusive development. The CPF supports sustainable and inclusive growth across three focus areas: (i) enhancing inclusive growth and competitiveness (ii) investing in human capital and (iii) building resilience. The Country Partnership Framework supports the Government of Georgia’s vision of developing a market-based economy, while ensuring nationwide prosperity and strengthening its regional position. ![]() The application for EU candidacy initiated in 2022 provides opportunities for further income convergence while requiring significant and sustained reforms. Nevertheless, the swift post-pandemic rebound and the recovery from the initial impact of Russia’s invasion of Ukraine and related sanctions have demonstrated growing economic resilience, supported by sound macroeconomic management. High dollarization and persistent dependence on external savings increase the risks associated with foreign exchange depreciation. Because of its trade openness and reliance on tourism, Georgia is vulnerable to external shocks. Poor learning outcomes and lack of skills also constitute a barrier to private sector growth. More than a third of all workers are engaged in low-productivity agriculture. ![]() Nevertheless, structural challenges persist, notably weak productivity and limited high-quality job creation. The poverty rate (measured by the national poverty line) was more than halved over the same period. As a result of sound economic management, GNI per capita converged toward European Union (EU) levels, increasing from $3,048 in 2010 to $4,608 in 2021 (constant 2015 US$). All rights reserved.Georgia has made much progress over the past decade. Terms of Use and Privacy Policy and Safety Information / Your California Privacy Rights are applicable to you. ^ Back to Top ^ © 2023 ESPN Internet Ventures. "But I'm ready to go Saturday with my regular book signing session at the UGA Bookstore and certainly the homecoming game."ĭooley was 201-77-10 in 25 years as coach of the Bulldogs and also served as athletic director until 2004. ![]() "I'm grateful for all the cards, text messages, emails, and calls as well as the prayers and concerns," Dooley said in a statement released by Georgia. 1 Georgia's homecoming game against Vanderbilt on Saturday and participate in a planned book signing. He was admitted to the hospital on Saturday.ĭooley said in a statement he plans to attend No. Georgia announced Wednesday that Dooley, 90, was released from an Athens-area hospital on Monday following a "mild case" of COVID-19. Former Georgia coach Vince Dooley has been released from a hospital after being treated for COVID-19. You have reached a degraded version of because you're using an unsupported version of Internet Explorer.įor a complete experience, please upgrade or use a supported browserįormer Georgia coach Vince Dooley, 90, released from a hospital after bout with COVID-19ĪTHENS, Ga.
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