Under the loan agreement for the Modern Skills for Better Jobs Sector Development Program – Sub-Program 2, the Asian Development Bank (ADB) has disbursed Georgia’s first sovereign loan in the national currency, amounting to GEL 68.2 million in budget support, the Ministry of Finance announced.
The Ministry says this is the first time an international financial institution has issued a sovereign loan in Georgian lari, underscoring the strong partnership between the ADB and the Government of Georgia—not only in financing investment projects but also in supporting structural reforms and sustainable public financial management.
The Ministry noted that borrowing in GEL is consistent with Georgia’s debt management strategy, ensuring a balanced mix of foreign and domestic currency liabilities. This approach strengthens resilience to external shocks and reinforces long-term debt sustainability.
The programme also seeks to enhance the quality of vocational education, broaden accessibility and inclusiveness, and boost institutional capacity in support of the Ministry of Education, Science and Youth.
