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Georgia

EU provides macro-financial assistance to support Georgia during COVID-19

26 November 2020
On 25 November, the EU disbursed €100 million to Georgia as part of its macro-financial assistance (MFA) programmes. The MFA will help the country’s balance of payments and alleviate its budgetary financing needs. The support includes €75 million from a new MFA programme aimed at limiting the economic fallout of the COVID-19 pandemic. The other €25 million come as last disbursement of a…