PPIAF assistance in Georgia (Anglais)

Recovering from the August 2008 armed conflict with Russia and the global economic crisis, Georgia now ranks as a lower middle-income country and is an International Development Association and International Bank for Reconstruction and Development (IBRD... Voir la suite Recovering from the August 2008 armed conflict with Russia and the global economic crisis, Georgia now ranks as a lower middle-income country and is an International Development Association and International Bank for Reconstruction and Development (IBRD) blend country with per capita gross national income of $2,530 in 2011. The collapse of the Soviet Union resulted not only in prolonged economic depression, but was also accompanied by significant political and civil conflicts in Georgia. By the mid-1990s the government of Georgia began a series of reforms aimed at restoring macro-economic stability, creating conditions for private sector development, and alleviating widespread poverty. A poor policy environment, uncertain ownership rights and responsibilities, more than ten years of poor maintenance for infrastructure services, little or no capital investment, and inadequate oversight by local governments have contributed to continued deterioration in the provision of local services. An important goal for the government was to stop the decline in overall living conditions, which was due in part to the near total breakdown of basic infrastructure. Within this context, Public-Private Infrastructure Advisory Facility (PPIAF) supported the consolidation, strengthening, and harmonization of public-private partnership (PPP) policies and institutional and legal frameworks in the energy, water, and transport sectors in Georgia.  Réduire