<iati-activities version="2.03" generated-datetime="2026-09-30T10:55:06"><iati-activity xml:lang="en" default-currency="USD" last-updated-datetime="2026-09-26T22:16:57" hierarchy="1"><iati-identifier>44000-P063081</iati-identifier><reporting-org ref="44000" type="40"><narrative  xml:lang="en">World Bank</narrative></reporting-org><title xml:lang="en"><narrative>Public Sector Financial Management Reform Support</narrative></title><description type="2" xml:lang="en"><narrative><![CDATA[The development objective of the Public Sector Financial Management Reform Support Project (PSFMRS) is to enhance governance, particularly in the public financial management domain,  through: i) strengthening the institutional capacity of key agencies to more effectively and efficiently use public resources; and ii) improving accountability in the use of public resources.]]></narrative></description><description type="1" xml:lang="en"><narrative><![CDATA[The Public Sector Financial Management Reform Support Project will strengthen planning and budgeting capabilities through support to the Medium-Term Expenditure Framework (MTEF), introduce more effective systems for tracking the use of public resources through an expanded Treasury management system, improve management of the civil service size, composition and cost, and, further increase accountability through strengthened external oversight capacities. The project components are: 1) the MTEF and Budget Management component, which builds on Government's strong commitment to improve its capacity to plan and budget strategically for the medium term, through further reform and development of budget planning and management functions in the Ministry of Finance (MoF) and line ministries. The main outcomes for this component are the establishment of the MTEF as the principal decision-making tool for linking budgetary resource allocations to Government policy objectives and program priorities, and, for ensuring greater budget predictability for line ministries; and, strengthening budget planning and management processes within the MoF and line ministries so that the budget is implemented consistent with the strategies and priorities identified in the MTEF; 2) the Treasury Reform and Budget Execution component, to support Treasury, especially leading accounting reform, cash management improvement, and Information Technology (IT) systems development, and, encourage accounting, cash and procurement improvement in the line ministries; 3) the Human Resources Management Information System component, will establish a mechanism to collect, process, and update comprehensive data on the size and composition of the civil service, establish an automated payroll for the civil service and ensure that the civil service wage bill is properly reflected in the budget and MTEF, and, to support decision-making on a feasible medium-term, civil service reform strategy that leads to improvements in performance of personnel management functions; and, 4) the Public Accountability and Oversight of Public Financial Management component will facilitate the strengthening of the Chamber of Control's operations, and structure, development and implementation of a training program on external auditing. Additionally, the component will help institutionalizing the budget process mechanisms within, and from the Executive that will enable public accountability.]]></narrative></description><participating-org role="1" ref="44002" type="40" xml:lang="en"><narrative>International Development Association</narrative></participating-org><participating-org role="3" ref="44002" type="40" xml:lang="en"><narrative>International Development Association</narrative></participating-org><activity-status code="3" /><activity-date type="1" iso-date="2000-12-07"><narrative>Planned start date of the activity</narrative></activity-date><activity-date type="2" iso-date="2006-02-16"><narrative>Actual start date of the activity</narrative></activity-date><activity-date type="3" iso-date="2012-03-01"><narrative>Planned end date of the activity</narrative></activity-date><activity-date type="4" iso-date="2012-03-01"><narrative>Actual end date of the activity</narrative></activity-date><contact-info type="1"><organisation><narrative>The World Bank</narrative></organisation><person-name><narrative>Elene Imnadze</narrative></person-name><telephone>+1-202-473-1000</telephone><email>eimnadze@worldbank.org</email><email>pic@worldbank.org</email><mailing-address><narrative>The World Bank, 1818 H Street, NW, Washington, DC 20433 USA</narrative></mailing-address></contact-info>

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                <location-reach code="1" />
                <location-id vocabulary="G1" code="611717" />
                <name><narrative>Tbilisi</narrative></name>
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            </location><sector vocabulary="1" code="15110" percentage="43" xml:lang="en"/><sector vocabulary="1" code="15111" percentage="29" xml:lang="en"/><sector vocabulary="1" code="15113" percentage="28" xml:lang="en"/><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="BC" percentage="100.000000" xml:lang="en"><narrative>FY17 - Central Government (Central Agencies)</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000041" percentage="15" xml:lang="en"><narrative>Public Finance Management</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000043" percentage="86" xml:lang="en"><narrative>Public Administration</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000411" percentage="15" xml:lang="en"><narrative>Public Expenditure Management</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000041" percentage="15" xml:lang="en"><narrative>Public Finance Management</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000431" percentage="29" xml:lang="en"><narrative>Administrative and Civil Service Reform</narrative></sector><collaboration-type code="2" /><default-aid-type code="C01" xml:lang="en"/><default-tied-status code="5" /><budget type="1" status="1">
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<period-start iso-date="2006-10-01"/>
<period-end iso-date="2006-10-31"/>
<value currency="USD" value-date="2006-10-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2006-11-01"/>
<period-end iso-date="2006-11-30"/>
<value currency="USD" value-date="2006-11-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2006-12-01"/>
<period-end iso-date="2006-12-31"/>
<value currency="USD" value-date="2006-12-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2007-01-01"/>
<period-end iso-date="2007-01-31"/>
<value currency="USD" value-date="2007-01-31">83333.33</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2007-02-01"/>
<period-end iso-date="2007-02-28"/>
<value currency="USD" value-date="2007-02-28">83333.33</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2007-03-01"/>
<period-end iso-date="2007-03-31"/>
<value currency="USD" value-date="2007-03-31">83333.34</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2007-04-01"/>
<period-end iso-date="2007-04-30"/>
<value currency="USD" value-date="2007-04-30">83333.33</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2007-05-01"/>
<period-end iso-date="2007-05-31"/>
<value currency="USD" value-date="2007-05-31">83333.33</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2007-06-01"/>
<period-end iso-date="2007-06-30"/>
<value currency="USD" value-date="2007-06-30">83333.34</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2007-07-01"/>
<period-end iso-date="2007-07-31"/>
<value currency="USD" value-date="2007-07-31">83333.33</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2007-08-01"/>
<period-end iso-date="2007-08-31"/>
<value currency="USD" value-date="2007-08-31">83333.33</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2007-09-01"/>
<period-end iso-date="2007-09-30"/>
<value currency="USD" value-date="2007-09-30">83333.34</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2007-10-01"/>
<period-end iso-date="2007-10-31"/>
<value currency="USD" value-date="2007-10-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2007-11-01"/>
<period-end iso-date="2007-11-30"/>
<value currency="USD" value-date="2007-11-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2007-12-01"/>
<period-end iso-date="2007-12-31"/>
<value currency="USD" value-date="2007-12-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2008-01-01"/>
<period-end iso-date="2008-01-31"/>
<value currency="USD" value-date="2008-01-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2008-02-01"/>
<period-end iso-date="2008-02-29"/>
<value currency="USD" value-date="2008-02-29">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2008-03-01"/>
<period-end iso-date="2008-03-31"/>
<value currency="USD" value-date="2008-03-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2008-04-01"/>
<period-end iso-date="2008-04-30"/>
<value currency="USD" value-date="2008-04-30">71428.57</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2008-05-01"/>
<period-end iso-date="2008-05-31"/>
<value currency="USD" value-date="2008-05-31">71428.57</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2008-06-01"/>
<period-end iso-date="2008-06-30"/>
<value currency="USD" value-date="2008-06-30">71428.57</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2008-07-01"/>
<period-end iso-date="2008-07-31"/>
<value currency="USD" value-date="2008-07-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2008-08-01"/>
<period-end iso-date="2008-08-31"/>
<value currency="USD" value-date="2008-08-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2008-09-01"/>
<period-end iso-date="2008-09-30"/>
<value currency="USD" value-date="2008-09-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2008-10-01"/>
<period-end iso-date="2008-10-31"/>
<value currency="USD" value-date="2008-10-31">42857.14</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2008-11-01"/>
<period-end iso-date="2008-11-30"/>
<value currency="USD" value-date="2008-11-30">42857.14</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2008-12-01"/>
<period-end iso-date="2008-12-31"/>
<value currency="USD" value-date="2008-12-31">42857.14</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2009-01-01"/>
<period-end iso-date="2009-01-31"/>
<value currency="USD" value-date="2009-01-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2009-02-01"/>
<period-end iso-date="2009-02-28"/>
<value currency="USD" value-date="2009-02-28">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2009-03-01"/>
<period-end iso-date="2009-03-31"/>
<value currency="USD" value-date="2009-03-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2009-04-01"/>
<period-end iso-date="2009-04-30"/>
<value currency="USD" value-date="2009-04-30">38095.24</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2009-05-01"/>
<period-end iso-date="2009-05-31"/>
<value currency="USD" value-date="2009-05-31">38095.24</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2009-06-01"/>
<period-end iso-date="2009-06-30"/>
<value currency="USD" value-date="2009-06-30">38095.23</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2009-07-01"/>
<period-end iso-date="2009-07-31"/>
<value currency="USD" value-date="2009-07-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2009-08-01"/>
<period-end iso-date="2009-08-31"/>
<value currency="USD" value-date="2009-08-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2009-09-01"/>
<period-end iso-date="2009-09-30"/>
<value currency="USD" value-date="2009-09-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2009-10-01"/>
<period-end iso-date="2009-10-31"/>
<value currency="USD" value-date="2009-10-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2009-11-01"/>
<period-end iso-date="2009-11-30"/>
<value currency="USD" value-date="2009-11-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2009-12-01"/>
<period-end iso-date="2009-12-31"/>
<value currency="USD" value-date="2009-12-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2010-01-01"/>
<period-end iso-date="2010-01-31"/>
<value currency="USD" value-date="2010-01-31">38095.24</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2010-02-01"/>
<period-end iso-date="2010-02-28"/>
<value currency="USD" value-date="2010-02-28">38095.24</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2010-03-01"/>
<period-end iso-date="2010-03-31"/>
<value currency="USD" value-date="2010-03-31">38095.23</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2010-04-01"/>
<period-end iso-date="2010-04-30"/>
<value currency="USD" value-date="2010-04-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2010-05-01"/>
<period-end iso-date="2010-05-31"/>
<value currency="USD" value-date="2010-05-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2010-06-01"/>
<period-end iso-date="2010-06-30"/>
<value currency="USD" value-date="2010-06-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2010-07-01"/>
<period-end iso-date="2010-07-31"/>
<value currency="USD" value-date="2010-07-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2010-08-01"/>
<period-end iso-date="2010-08-31"/>
<value currency="USD" value-date="2010-08-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2010-09-01"/>
<period-end iso-date="2010-09-30"/>
<value currency="USD" value-date="2010-09-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2010-10-01"/>
<period-end iso-date="2010-10-31"/>
<value currency="USD" value-date="2010-10-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2010-11-01"/>
<period-end iso-date="2010-11-30"/>
<value currency="USD" value-date="2010-11-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2010-12-01"/>
<period-end iso-date="2010-12-31"/>
<value currency="USD" value-date="2010-12-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2011-01-01"/>
<period-end iso-date="2011-01-31"/>
<value currency="USD" value-date="2011-01-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2011-02-01"/>
<period-end iso-date="2011-02-28"/>
<value currency="USD" value-date="2011-02-28">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2011-03-01"/>
<period-end iso-date="2011-03-31"/>
<value currency="USD" value-date="2011-03-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2011-04-01"/>
<period-end iso-date="2011-04-30"/>
<value currency="USD" value-date="2011-04-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2011-05-01"/>
<period-end iso-date="2011-05-31"/>
<value currency="USD" value-date="2011-05-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2011-06-01"/>
<period-end iso-date="2011-06-30"/>
<value currency="USD" value-date="2011-06-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2011-07-01"/>
<period-end iso-date="2011-07-31"/>
<value currency="USD" value-date="2011-07-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2011-08-01"/>
<period-end iso-date="2011-08-31"/>
<value currency="USD" value-date="2011-08-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2011-09-01"/>
<period-end iso-date="2011-09-30"/>
<value currency="USD" value-date="2011-09-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2011-10-01"/>
<period-end iso-date="2011-10-31"/>
<value currency="USD" value-date="2011-10-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2011-11-01"/>
<period-end iso-date="2011-11-30"/>
<value currency="USD" value-date="2011-11-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2011-12-01"/>
<period-end iso-date="2011-12-31"/>
<value currency="USD" value-date="2011-12-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2012-01-01"/>
<period-end iso-date="2012-01-31"/>
<value currency="USD" value-date="2012-01-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2012-02-01"/>
<period-end iso-date="2012-02-29"/>
<value currency="USD" value-date="2012-02-29">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2012-03-01"/>
<period-end iso-date="2012-03-31"/>
<value currency="USD" value-date="2012-03-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2012-04-01"/>
<period-end iso-date="2012-04-30"/>
<value currency="USD" value-date="2012-04-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2012-05-01"/>
<period-end iso-date="2012-05-31"/>
<value currency="USD" value-date="2012-05-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2012-06-01"/>
<period-end iso-date="2012-06-30"/>
<value currency="USD" value-date="2012-06-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2079-01-01"/>
<period-end iso-date="2012-03-01"/>
<value currency="USD" value-date="2012-03-01">1624117.54</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2079-01-01"/>
<period-end iso-date="2012-03-01"/>
<value currency="USD" value-date="2012-03-01">1624117.54</value>
</budget>
<capital-spend percentage="100" /><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P063081"><title xml:lang="en"><narrative>Contract Awards</narrative></title><category code="A11" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-detail/P063081?lang=en"><title xml:lang="en"><narrative>Project URL</narrative></title><category code="A12" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P063081"><title xml:lang="en"><narrative>Procurement Notices</narrative></title><category code="A10" /></document-link><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Staff capacity for audits: (a) % CoC auditing staff have been adequately trained: (b) % of CoC non-auditing staff have completed relevant courses.
</narrative></title>
<baseline year="2005" iso-date="2005-12-31" value="(a) Approx 10% (b) Less than 5%"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2005-12-31" />
<period-end iso-date="2012-03-01" />
<target value="(a) 90% (b) 15%">

</target>
<actual value="On-site annual audits cover 30% of central gov. entities.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Cash management procedures in Treasury and spending agencies. [PEFA 1-16]
</narrative></title>
<baseline year="2005" iso-date="2005-12-19" value="TSA established but coverage and content of the system underdeveloped. Cash management procedures are underdeveloped."><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2005-12-19" />
<period-end iso-date="2012-03-01" />
<target value="Cash flow forecast is prepared for the fiscal yr &amp; updated at least quarterly on the basis of actual cash inflows &amp; outflows.">

</target>
<actual value="Instructions on cash planning and management applied to the spending units.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
An integrated Public Financial Management System (PFMS) is operational.
</narrative></title>
<baseline year="2005" iso-date="2005-12-19" value="No PFMS in place."><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2005-12-19" />
<period-end iso-date="2012-03-01" />
<target value="An integrated PFMS is implemented (see PAD Annex IV Component 2 for detailed list of modules to be implemented).">

</target>
<actual value="In-house solution being developed, with several modules already operational">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Consolidated government financial statement published annually based on submission of fiscal reports from all major public entities. [PEFA 1-25]
</narrative></title>
<baseline year="2005" iso-date="2005-12-19" value="Government does not receive regular or complete reports from major public entities for inclusion in budget or compliation ofconsolidated government financial statement."><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2005-12-19" />
<period-end iso-date="2012-03-01" />
<target value="Consolidated government financial statement published annually providing based on submission of fiscal reports from all publicentities included in the general government sector.">

</target>
<actual value="Budget execution bi-annual and annual reports are prepared and issued on time.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Cash management procedures in Treasury and spending agencies. [PEFA 1-16]
</narrative></title>
<baseline year="2005" iso-date="2005-12-19" value="TSA established but coverage and content of the system underdeveloped. Cash management procedures are underdeveloped."><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2005-12-19" />
<period-end iso-date="2012-03-01" />
<target value="Cash flow forecast is prepared for the fiscal yr &amp; updated at least quarterly on the basis of actual cash inflows &amp; outflows.">

</target>
<actual value="Instructions on cash planning and management applied to the spending units.">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Ministry ceilings contained in Budg. Guidelines consistent w/multiyear func/sec estimates approved by BDD. Differences between annual estimates&amp;approved BDD explained in annual Budg.present.[PEFA1-12]
</narrative></title>
<baseline year="2005" iso-date="2005-12-19" value="MTEF process has only recently started so no opportunity for these explanations."><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2005-12-19" />
<period-end iso-date="2012-03-01" />
<target value="Progressive reduct.in variance between BDD funct./sector allocations, related ministry ceilings and allocations contained inannualbudg.  Explanation of variance in BDD and annual budg. presentation.">

</target>
<actual value="Ministry ceilings for FY11 budget consistent with respective BDD estimates">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Supreme Audit Institution in place with supporting legal framework, and functional.
</narrative></title>
<baseline year="2005" iso-date="2005-12-31" value="Chamber of Control Corporate Development and Reorganization Implementation Plan endorse by the Presidium."><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2005-12-31" />
<period-end iso-date="2012-03-01" />
<target value="Chamber of Control converted legally and operationally to Supreme AuditInstitution.">

</target>
<actual value="Amendments to the Law on CCG submitted to the Parliament">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
External audit: share of central government spending on which on-site audits are completed annually and disclosed to legislature within 4 months of the end of period covered. [PEFA 1-26]
</narrative></title>
<baseline year="2005" iso-date="2005-12-19" value="On-site annual audits cover 15% of central government entities."><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2005-12-19" />
<period-end iso-date="2012-03-01" />
<target value="On-site annual audits cover 30% of central gov. entities.">

</target>
<actual value="2010 audit report was published in June 2011.">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
National exp. priorities fully defended in budget: MTEF increasingly based on fully costed, results-based sectoral strategies consistent with fiscal forecasts. [PEFA 1-12 (iii)]
</narrative></title>
<baseline year="2005" iso-date="2005-12-19" value="All executive branch spending units are currently providing MTEF submissions, but of varied quality and based on varied quality sectoral strategies."><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2005-12-19" />
<period-end iso-date="2012-03-01" />
<target value="Expenditure strategies for executive branch spending units exist covering at least 70% of exec. branch exp., including fully costedrecur.&amp;inv.exp. and results indicators, and in line with fiscal f/w">

</target>
<actual value="Costed expenditure strategies included in 2011-2014 BDD covered about 88% of executive branch expenditures as approved by 2011 Budget Law; 2012 State budget was prepared following program budget format">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Modern accounting standards adopted and in use. [PEFA 1-25]
</narrative></title>
<baseline year="2005" iso-date="2005-12-31" value="Accounting Reform Strategy under development."><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2005-12-31" />
<period-end iso-date="2012-03-01" />
<target value="IPSAS or corresponding international accounting standard (GFS2001/ESAF)applied for all public entities.">

</target>
<actual value="Reporting by IPSAS piloted by 10 public spending agencies.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Staff capacity for audits: (a) % CoC auditing staff have been adequately trained: (b) % of CoC non-auditing staff have completed relevant courses.
</narrative></title>
<baseline year="2005" iso-date="2005-12-31" value="(a) Approx 10% (b) Less than 5%"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2005-12-31" />
<period-end iso-date="2012-03-01" />
<target value="(a) 90% (b) 15%">

</target>
<actual value="On-site annual audits cover 30% of central gov. entities.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
An integrated Public Financial Management System (PFMS) is operational.
</narrative></title>
<baseline year="2005" iso-date="2005-12-19" value="No PFMS in place."><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2005-12-19" />
<period-end iso-date="2012-03-01" />
<target value="An integrated PFMS is implemented (see PAD Annex IV Component 2 for detailed list of modules to be implemented).">

</target>
<actual value="In-house solution being developed, with several modules already operational">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Capacities and procedures for strategic expenditure planning, budget presentation and budget management are established in Mof and strengthened in ministries. [PEFA 1-11(ii)]
</narrative></title>
<baseline year="2005" iso-date="2005-12-19" value="Ministries# annual submissions follow 2 our of 7 forms approved by MoFcircular; new circular prepared by MoF"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2005-12-19" />
<period-end iso-date="2012-03-01" />
<target value="Comprehensive and clear budg. circular passed to MDAs, reflecting ceilings approved by BDD prior to circular#s distribution">

</target>
<actual value="Program budget methodology endorsed by the Ministerial decree, applied to 2012 State Budget">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Modern accounting standards adopted and in use. [PEFA 1-25]
</narrative></title>
<baseline year="2005" iso-date="2005-12-31" value="Accounting Reform Strategy under development."><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2005-12-31" />
<period-end iso-date="2012-03-01" />
<target value="IPSAS or corresponding international accounting standard (GFS2001/ESAF)applied for all public entities.">

</target>
<actual value="Reporting by IPSAS piloted by 10 public spending agencies.">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Timely, transparent and user-friendly provision of public financial information to the public. [PEFA 1-10]
</narrative></title>
<baseline year="2009" iso-date="2009-06-05" value="Ad hoc publication of public financial information for general public."><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2009-06-05" />
<period-end iso-date="2012-03-01" />
<target value="Web publication of annual budget, mid-year budget execution reports, consolidated government financial statement and Chamber of Control audit reports in a user-friendly format for public information.">

</target>
<actual value="BDDs, Government financial statistics and information about Central Government debt is published on the MoF website and updated; Citizens' Guide on State Budget and BBD published regularly since 2006 and disseminated to Parliament and other stakeholders; CitizensGuide on Tbilisi 2009 Budget as well as brief review; 2012 State Budget published on the MoF website">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Measurable improvements in the HR management function of the MoF
</narrative></title>
<baseline year="2005" iso-date="2005-12-19" value="Inadequate personnel management capabilities, policy and procedures. Existing computerized HRMIS does not satisfy increasing demand of HR Mgmnt. Dep. and is not connected with the payroll."><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2005-12-19" />
<period-end iso-date="2012-03-01" />
<target value="Revised HR porcedures and mechanisms in place. Fully functional automated HRMIS with personnel system updated monthly and reflectedin the payroll.">

</target>
<actual value="Central personnel database for all staff (4,200 records) supported through locally developed software by MoF IAD Dept. currently covers MoF needs.">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Consolidated government financial statement published annually based on submission of fiscal reports from all major public entities. [PEFA 1-25]
</narrative></title>
<baseline year="2005" iso-date="2005-12-19" value="Government does not receive regular or complete reports from major public entities for inclusion in budget or compliation of consolidated government financial statement."><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2005-12-19" />
<period-end iso-date="2012-03-01" />
<target value="Consolidated government financial statement published annually providing based on submission of fiscal reports from all public entities included in the general government sector.">

</target>
<actual value="Budget execution bi-annual and annual reports are prepared and issued on time.">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
External audit: share of central government spending on which on-site audits are completed annually and disclosed to legislature within 4 months of the end of period covered. [PEFA 1-26]
</narrative></title>
<baseline year="2005" iso-date="2005-12-19" value="On-site annual audits cover 15% of central government entities."><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2005-12-19" />
<period-end iso-date="2012-03-01" />
<target value="On-site annual audits cover 30% of central gov. entities.">

</target>
<actual value="2010 audit report was published in June 2011.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Supreme Audit Institution in place with supporting legal framework, and functional.
</narrative></title>
<baseline year="2005" iso-date="2005-12-31" value="Chamber of Control Corporate Development and Reorganization Implementation Plan endorse by the Presidium."><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2005-12-31" />
<period-end iso-date="2012-03-01" />
<target value="Chamber of Control converted legally and operationally to Supreme AuditInstitution.">

</target>
<actual value="Amendments to the Law on CCG submitted to the Parliament">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Capacities and procedures for strategic expenditure planning, budget presentation and budget management are established in Mof and strengthened in ministries. [PEFA 1-11(ii)]
</narrative></title>
<baseline year="2005" iso-date="2005-12-19" value="Ministries# annual  submissions follow 2 our of 7 forms approved by MoFcircular; new circular prepared by MoF"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2005-12-19" />
<period-end iso-date="2012-03-01" />
<target value="Comprehensive and clear budg. circular  passed to MDAs, reflecting ceilings approved by BDD prior to circular#s distribution">

</target>
<actual value="Program budget methodology endorsed by the Ministerial decree, applied to 2012 State Budget">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Measurable improvements in the HR management function of the MoF
</narrative></title>
<baseline year="2005" iso-date="2005-12-19" value="Inadequate personnel management capabilities, policy and procedures.  Existing computerized HRMIS does not satisfy increasingdemand of HR Mgmnt. Dep. and is not connected with the payroll."><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2005-12-19" />
<period-end iso-date="2012-03-01" />
<target value="Revised HR porcedures and mechanisms in place. Fully functional automated HRMIS with personnel system updated monthly andreflectedin the payroll.">

</target>
<actual value="Central personnel database for all staff (4,200 records) supported through locally developed software by MoF IAD Dept. currentlycovers MoF needs.">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Ministry ceilings contained in Budg. Guidelines consistent w/multiyear func/sec estimates approved by BDD. Differences between annual estimates&amp;approved BDD explained in annual Budg.present.[PEFA1-12]
</narrative></title>
<baseline year="2005" iso-date="2005-12-19" value="MTEF process has only recently started so no opportunity for these explanations."><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2005-12-19" />
<period-end iso-date="2012-03-01" />
<target value="Progressive reduct.in variance between BDD funct./sector allocations, related ministry ceilings and allocations contained in annualbudg. Explanation of variance in BDD and annual budg. presentation.">

</target>
<actual value="Ministry ceilings for FY11 budget consistent with respective BDD estimates">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
National exp. priorities fully defended in budget: MTEF increasingly based on fully costed, results-based sectoral strategies consistent with fiscal forecasts. [PEFA 1-12 (iii)]
</narrative></title>
<baseline year="2005" iso-date="2005-12-19" value="All executive branch spending units are currently providing MTEF submissions, but of varied quality and based on varied qualitysectoral strategies."><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2005-12-19" />
<period-end iso-date="2012-03-01" />
<target value="Expenditure strategies for executive branch spending units exist covering at least 70% of exec. branch exp., including fullycostedrecur.&amp;inv.exp. and results indicators, and in line with fiscal f/w">

</target>
<actual value="Costed expenditure strategies included in 2011-2014 BDD covered about 88% of executive branch expenditures as approved by 2011Budget Law;  2012 State budget was prepared following program budget format">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Timely, transparent and user-friendly provision of public financial information to the public. [PEFA 1-10]
</narrative></title>
<baseline year="2009" iso-date="2009-06-05" value="Ad hoc publication of public financial information for general public."><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2009-06-05" />
<period-end iso-date="2012-03-01" />
<target value="Web publication of annual budget, mid-year budget execution reports, consolidated government financial statement and Chamber ofControl audit reports in a user-friendly format for public information.">

</target>
<actual value="BDDs, Government financial statistics and information about Central Government debt is published on the MoF website and updated;Citizens' Guide on State Budget and BBD published regularly since 2006 and disseminated to Parliament and other stakeholders;CitizensGuide on Tbilisi 2009 Budget as well as brief review; 2012 State Budget published on the MoF website">

</actual>
</period>
</indicator>
</result></iati-activity><iati-activity xml:lang="en" default-currency="USD" last-updated-datetime="2026-09-26T22:16:57" hierarchy="1"><iati-identifier>44000-P083110</iati-identifier><reporting-org ref="44000" type="40"><narrative  xml:lang="en">World Bank</narrative></reporting-org><title xml:lang="en"><narrative>First East-West Highway Improvement</narrative></title><description type="2" xml:lang="en"><narrative><![CDATA[The revised Project Development Objectives are:  (i)	to contribute to the gradual reduction of road transport costs and improve access, ease of transit and safety along the central part of Georgia's East-West corridor, through upgrading segments of the East-West Highway from Tbilisi to Rikoti, including the rehabilitation of the Rikoti Tunnel; and  (ii)	to strengthen the capacity of the government, Roads Department and the local road construction industry to plan and better manage the road network.]]></narrative></description><description type="1" xml:lang="en"><narrative><![CDATA[The First East-West Highway Improvement Project for Georgia aims to contribute to the gradual reduction of road transport costs and improve access, ease of transit, and safety along the central part of Georgia's East-West corridor. The project consists of the following components: 1: This component comprises: (i) civil works for the upgrade from 2 to 4 lanes of a 13-km section of the E60 highway from Agaiani to Igoeti including the rehabilitation of the existing 2 lanes where necessary; and (ii) consultant services for the supervision of the works for this section. 2: This component comprises specialized consultancy studies, technical assistance, training, services, and equipment as needed to support the government, the Road Department of the Ministry of Economic Development, and local road construction industry to strengthen their capacities. 3: This component will fund consultant services for Transport Reform and Rehabilitation Center, project audits and will finance incremental operational costs to support implementation of the project.]]></narrative></description><participating-org role="1" ref="44002" type="40" xml:lang="en"><narrative>International Development Association</narrative></participating-org><participating-org role="3" ref="44002" type="40" xml:lang="en"><narrative>International Development Association</narrative></participating-org><activity-status code="3" /><activity-date type="1" iso-date="2005-10-13"><narrative>Planned start date of the activity</narrative></activity-date><activity-date type="2" iso-date="2006-12-05"><narrative>Actual start date of the activity</narrative></activity-date><activity-date type="3" iso-date="2013-06-30"><narrative>Planned end date of the activity</narrative></activity-date><activity-date type="4" iso-date="2013-06-30"><narrative>Actual end date of the activity</narrative></activity-date><contact-info type="1"><organisation><narrative>The World Bank</narrative></organisation><person-name><narrative>Jean-Francois Marteau</narrative></person-name><telephone>+1-202-473-1000</telephone><email>jmarteau@worldbank.org</email><email>pic@worldbank.org</email><mailing-address><narrative>The World Bank, 1818 H Street, NW, Washington, DC 20433 USA</narrative></mailing-address></contact-info>

<recipient-country code="GE" percentage="100"><narrative xml:lang="en">GEORGIA</narrative></recipient-country><location>
            <location-reach code="1" />
            <location-id vocabulary="G1" code="0000615937" />
            <name><narrative>Aghaiani</narrative></name>
            <point srsName="http://www.opengis.net/def/crs/EPSG/0/4326">
            <pos>41.914379 44.543179</pos>
            </point>
            <exactness code="2"/>
            <location-class code="2" />
        </location><location>
            <location-reach code="1" />
            <location-id vocabulary="G1" code="0000611802" />
            <name><narrative>Svenet'i</narrative></name>
            <point srsName="http://www.opengis.net/def/crs/EPSG/0/4326">
            <pos>42.02528 44.142658</pos>
            </point>
            <exactness code="2"/>
            <location-class code="2" />
        </location><location>
            <location-reach code="1" />
            <location-id vocabulary="G1" code="0000614292" />
            <name><narrative>Igoet'i</narrative></name>
            <point srsName="http://www.opengis.net/def/crs/EPSG/0/4326">
            <pos>41.995079 44.414249</pos>
            </point>
            <exactness code="2"/>
            <location-class code="2" />
        </location><location>
            <location-reach code="1" />
            <location-id vocabulary="G1" code="0000615086" />
            <name><narrative>Chumateleti</narrative></name>
            <point srsName="http://www.opengis.net/def/crs/EPSG/0/4326">
            <pos>42.033329 43.549999</pos>
            </point>
            <exactness code="2"/>
            <location-class code="2" />
        </location><location>
            <location-reach code="1" />
            <location-id vocabulary="G1" code="0007668027" />
            <name><narrative>Rikoti Tunnel</narrative></name>
            <point srsName="http://www.opengis.net/def/crs/EPSG/0/4326">
            <pos>42.053291 43.49704</pos>
            </point>
            <exactness code="2"/>
            <location-class code="4" />
        </location><location>
            <location-reach code="1" />
            <location-id vocabulary="G1" code="0000865540" />
            <name><narrative>Shida Kartli</narrative></name>
            <point srsName="http://www.opengis.net/def/crs/EPSG/0/4326">
            <pos>42.32 44.139999</pos>
            </point>
            <exactness code="2"/>
            <location-class code="1" />
        </location><sector vocabulary="1" code="21012" percentage="10" xml:lang="en"/><sector vocabulary="1" code="21023" percentage="90" xml:lang="en"/><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="ET" percentage="1.00000000" xml:lang="en"><narrative>FY17 - Tertiary Education</narrative></sector><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="TZ" percentage="3.00000000" xml:lang="en"><narrative>FY17 - Other Transportation</narrative></sector><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="BC" percentage="2.00000000" xml:lang="en"><narrative>FY17 - Central Government (Central Agencies)</narrative></sector><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="TI" percentage="94.0000000" xml:lang="en"><narrative>FY17 - Rural and Inter-Urban Roads</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000221" percentage="11" xml:lang="en"><narrative>Job Creation</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000625" percentage="17" xml:lang="en"><narrative>Non-communicable diseases</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000072" percentage="11" xml:lang="en"><narrative>Rural Development</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000042" percentage="17" xml:lang="en"><narrative>Rule of Law</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000022" percentage="11" xml:lang="en"><narrative>Jobs</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000221" percentage="11" xml:lang="en"><narrative>Job Creation</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000431" percentage="33" xml:lang="en"><narrative>Administrative and Civil Service Reform</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000072" percentage="11" xml:lang="en"><narrative>Rural Development</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000422" percentage="17" xml:lang="en"><narrative>Legal Institutions for a Market Economy</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000042" percentage="17" xml:lang="en"><narrative>Rule of Law</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000711" percentage="11" xml:lang="en"><narrative>Urban Infrastructure and Service Delivery</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000043" percentage="33" xml:lang="en"><narrative>Public Administration</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000062" percentage="17" xml:lang="en"><narrative>Disease Control</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000723" percentage="11" xml:lang="en"><narrative>Rural Infrastructure and service delivery</narrative></sector><collaboration-type code="2" /><default-aid-type code="C01" xml:lang="en"/><default-tied-status code="5" /><budget type="1" status="1">
<period-start iso-date="2006-12-01"/>
<period-end iso-date="2006-12-31"/>
<value currency="USD" value-date="2006-12-31">0.00</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2007-01-01"/>
<period-end iso-date="2007-01-31"/>
<value currency="USD" value-date="2007-01-31">98191.22</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2007-02-01"/>
<period-end iso-date="2007-02-28"/>
<value currency="USD" value-date="2007-02-28">98191.22</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2007-03-01"/>
<period-end iso-date="2007-03-31"/>
<value currency="USD" value-date="2007-03-31">98191.20</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2007-04-01"/>
<period-end iso-date="2007-04-30"/>
<value currency="USD" value-date="2007-04-30">392764.86</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2007-05-01"/>
<period-end iso-date="2007-05-31"/>
<value currency="USD" value-date="2007-05-31">392764.86</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2007-06-01"/>
<period-end iso-date="2007-06-30"/>
<value currency="USD" value-date="2007-06-30">392764.85</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2007-07-01"/>
<period-end iso-date="2007-07-31"/>
<value currency="USD" value-date="2007-07-31">589147.29</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2007-08-01"/>
<period-end iso-date="2007-08-31"/>
<value currency="USD" value-date="2007-08-31">589147.29</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2007-09-01"/>
<period-end iso-date="2007-09-30"/>
<value currency="USD" value-date="2007-09-30">589147.29</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2007-10-01"/>
<period-end iso-date="2007-10-31"/>
<value currency="USD" value-date="2007-10-31">736434.11</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2007-11-01"/>
<period-end iso-date="2007-11-30"/>
<value currency="USD" value-date="2007-11-30">736434.11</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2007-12-01"/>
<period-end iso-date="2007-12-31"/>
<value currency="USD" value-date="2007-12-31">736434.11</value>
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<period-start iso-date="2011-03-01"/>
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<value currency="USD" value-date="2011-03-31">0.00</value>
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<budget type="2" status="1">
<period-start iso-date="2011-04-01"/>
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<value currency="USD" value-date="2011-04-30">0.00</value>
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<capital-spend percentage="100" /><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P083110"><title xml:lang="en"><narrative>Contract Awards</narrative></title><category code="A11" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-detail/P083110?lang=en"><title xml:lang="en"><narrative>Project URL</narrative></title><category code="A12" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P083110"><title xml:lang="en"><narrative>Procurement Notices</narrative></title><category code="A10" /></document-link><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of km of roads introduced in the RDB: International/Secondary Network
</narrative></title>
<baseline year="2006" iso-date="2006-12-05" value="30.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2006-12-05" />
<period-end iso-date="2013-06-30" />
<target value="100.00">
<comment><narrative>
Both networks
</narrative></comment>
</target>
<actual value="100.00">
<comment><narrative>
both networks. Update done in 2010 and being redone currently
</narrative></comment>
</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Rikoti Tunnel rehabilitated
</narrative></title>
<baseline year="2009" iso-date="2009-10-15" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2009-10-15" />
<period-end iso-date="2013-03-30" />
<target value="Yes">

</target>
<actual value="Yes">
<comment><narrative>
Outstanding works mostly completed with testing and completion now during the summer of 2013
</narrative></comment>
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</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Rikoti Tunnel meeting safety standards
</narrative></title>
<baseline year="2009" iso-date="2009-10-15" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2009-10-15" />
<period-end iso-date="2013-06-30" />
<target value="Yes">

</target>
<actual value="No">
<comment><narrative>
testing remains to be done in July 2013 but this target should be met at ICR level
</narrative></comment>
</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Vehicle Operating Cost from Agaiani to Igoeti (cars/Trucks)
</narrative></title>
<baseline year="2006" iso-date="2006-09-05" value="0.20"><comment><narrative>US$0.2/km for car and $.76/km for trucks</narrative></comment></baseline>
<period>
<period-start iso-date="2006-09-05" />
<period-end iso-date="2011-02-28" />
<target value="0.18">
<comment><narrative>
US$.18/km for car and $.72/km for truck
</narrative></comment>
</target>
<actual value="0.17">
<comment><narrative>
Calculated as 0.17 for cars and 0.71 for trucks
</narrative></comment>
</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Reduction in travel time from Agaiani to Igoeti
</narrative></title>
<baseline year="2006" iso-date="2006-09-06" value="10.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2006-09-06" />
<period-end iso-date="2011-02-28" />
<target value="7.00">

</target>
<actual value="7.00">
<comment><narrative>
Value unchanged since 2009
</narrative></comment>
</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Environmental/land acquisition team within RDMED operational
</narrative></title>
<baseline year="2006" iso-date="2006-12-05" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2006-12-05" />
<period-end iso-date="2008-06-30" />
<target value="Yes">

</target>
<actual value="Yes">
<comment><narrative>
The additional financing for TEWHIP hired an environmental consultant in July 2012 as well as reinforcement in land acquisition.capacity sufficient
</narrative></comment>
</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Roads rehabilitated, Non-rural
</narrative></title>
<baseline year="2006" iso-date="2006-09-01" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2006-09-01" />
<period-end iso-date="2009-12-31" />
<target value="13.00">
<comment><narrative>
Works on the road section include rehabilitation of 2 existing lines and construction of 2 additional lines.
</narrative></comment>
</target>
<actual value="13.00">
<comment><narrative>
Completed
</narrative></comment>
</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Safety unit within RDMED operational
</narrative></title>
<baseline year="2006" iso-date="2006-12-05" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2006-12-05" />
<period-end iso-date="2010-06-30" />
<target value="Yes">

</target>
<actual value="Yes">
<comment><narrative>
Still operational and involved in the Road Safety activities. International Safety Audit Consultant has been hired. ToR for roadsafety advisor have been advertised.
</narrative></comment>
</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Roads in good and fair condition as a share of total classified roads
</narrative></title>
<baseline year="2005" iso-date="2005-12-30" value="57.00"><comment><narrative>size of network 20,329 km</narrative></comment></baseline>
<period>
<period-start iso-date="2005-12-30" />
<period-end iso-date="2011-02-28" />
<target value="100.00">
<comment><narrative>
size of network 20,329 km
</narrative></comment>
</target>
<actual value="93.00">
<comment><narrative>
Data need to be updated
</narrative></comment>
</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Road and traffic safety law drafted
</narrative></title>
<baseline year="2009" iso-date="2009-10-15" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2009-10-15" />
<period-end iso-date="2011-12-31" />
<target value="Yes">

</target>
<actual value="No">
<comment><narrative>
Final report submitted by Consultant in August 2012 but government abandonned the idea of modifying the law
</narrative></comment>
</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Agaiani-Igoeti built incorporating safety specifications
</narrative></title>
<baseline year="2006" iso-date="2006-12-05" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2006-12-05" />
<period-end iso-date="2011-06-30" />
<target value="Yes">

</target>
<actual value="Yes">
<comment><narrative>
Completed
</narrative></comment>
</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Road management system operational and populated with data
</narrative></title>
<baseline year="2009" iso-date="2009-10-15" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2009-10-15" />
<period-end iso-date="2012-12-31" />
<target value="Yes">

</target>
<actual value="No">
<comment><narrative>
This was moved to SLRP-II project
</narrative></comment>
</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Adoption and use of new technical standards and specifications for road pavement and new geometric design standards for road design
</narrative></title>
<baseline year="2006" iso-date="2006-12-05" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2006-12-05" />
<period-end iso-date="2009-12-31" />
<target value="Yes">

</target>
<actual value="Yes">
<comment><narrative>
Standards still in place and used.
</narrative></comment>
</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Rikoti By-pass road repaired
</narrative></title>
<baseline year="2009" iso-date="2009-10-15" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2009-10-15" />
<period-end iso-date="2010-12-31" />
<target value="Yes">

</target>
<actual value="Yes">
<comment><narrative>
Completed
</narrative></comment>
</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Planning is done on a multi-year basis using the RDB
</narrative></title>
<baseline year="2006" iso-date="2006-12-05" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2006-12-05" />
<period-end iso-date="2009-06-30" />
<target value="Yes">

</target>
<actual value="Yes">
<comment><narrative>
Done every year
</narrative></comment>
</actual>
</period>
</indicator>
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<activity-status code="3" /><activity-date type="1" iso-date="2008-07-17"><narrative>Planned start date of the activity</narrative></activity-date><activity-date type="2" iso-date="2008-10-02"><narrative>Actual start date of the activity</narrative></activity-date><activity-date type="3" iso-date="2014-12-31"><narrative>Planned end date of the activity</narrative></activity-date><activity-date type="4" iso-date="2014-12-31"><narrative>Actual end date of the activity</narrative></activity-date><contact-info type="1"><organisation><narrative>The World Bank</narrative></organisation><person-name><narrative>Ahmed A. R. Eiweida</narrative></person-name><email>pic@worldbank.org</email><mailing-address><narrative>The World Bank, 1818 H Street, NW, Washington, DC 20433 USA</narrative></mailing-address></contact-info>



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<transaction><transaction-type code="2" /><transaction-date iso-date="2015-07-31"/><value value-date="2015-07-31">-979744</value><description xml:lang="en"><narrative>Total Commitment Cancellations in July Month of 2015</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2009-02-28"/><value value-date="2009-02-28">6331075</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2009</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2009-03-31"/><value value-date="2009-03-31">4000000</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2009</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2009-07-31"/><value value-date="2009-07-31">977758</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2009</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2009-08-31"/><value value-date="2009-08-31">4030500</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2009</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2009-09-30"/><value value-date="2009-09-30">2150816</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2009</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2009-10-31"/><value value-date="2009-10-31">2897125</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2009</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2009-11-30"/><value value-date="2009-11-30">1519802</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2009</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2009-12-31"/><value value-date="2009-12-31">4052743</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2009</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2010-01-31"/><value value-date="2010-01-31">2028176</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2010</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2010-02-28"/><value value-date="2010-02-28">1071523</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2010</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2010-06-30"/><value value-date="2010-06-30">1411324</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2010</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2010-07-31"/><value value-date="2010-07-31">2019092</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2010</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2010-12-31"/><value value-date="2010-12-31">1957427</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2010</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2010-12-31"/><value value-date="2010-12-31">14093064</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2010</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2010-12-31"/><value value-date="2010-12-31">6532337</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2010</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2011-01-31"/><value value-date="2011-01-31">1019403</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2011</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2011-03-31"/><value value-date="2011-03-31">991690</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2011</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2011-04-30"/><value value-date="2011-04-30">3498739</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2011</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2011-06-30"/><value value-date="2011-06-30">1559494</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2011</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2011-06-30"/><value value-date="2011-06-30">3456560</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2011</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2011-07-31"/><value value-date="2011-07-31">1954158</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2011</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2011-07-31"/><value value-date="2011-07-31">2685071</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2011</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2011-09-30"/><value value-date="2011-09-30">2588119</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2011</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2011-10-31"/><value value-date="2011-10-31">1855688</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2011</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2011-11-30"/><value value-date="2011-11-30">2342442</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2011</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2011-12-31"/><value value-date="2011-12-31">856048</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2011</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2011-12-31"/><value value-date="2011-12-31">61880</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2011</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2012-04-30"/><value value-date="2012-04-30">582671</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2012</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2012-04-30"/><value value-date="2012-04-30">2218366</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2012</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2012-06-30"/><value value-date="2012-06-30">812428</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2012</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2012-07-31"/><value value-date="2012-07-31">447194</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2012</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2012-08-31"/><value value-date="2012-08-31">330515</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2012</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2012-08-31"/><value value-date="2012-08-31">466854</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2012</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2012-10-31"/><value value-date="2012-10-31">541722</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2012</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2012-10-31"/><value value-date="2012-10-31">49295</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2012</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2012-11-30"/><value value-date="2012-11-30">799290</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2012</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2012-11-30"/><value value-date="2012-11-30">343778</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2012</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2013-06-30"/><value value-date="2013-06-30">4757</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2013</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2013-09-30"/><value value-date="2013-09-30">111516</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2013</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2015-05-31"/><value value-date="2015-05-31">-976257</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2015</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2015-05-31"/><value value-date="2015-05-31">-1164474</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2015-05-31"/><value value-date="2015-05-31">-14162</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2015</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2009-07-31"/><value value-date="2009-07-31">-33020</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2009</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2010-01-31"/><value value-date="2010-01-31">-71120</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2010</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2010-07-31"/><value value-date="2010-07-31">-104711</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2010</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2010-12-31"/><value value-date="2010-12-31">-83750</value><description xml:lang="en"><narrative>Total Interest Repayment in December Month of 2010</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2011-01-31"/><value value-date="2011-01-31">-125880</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2011</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2011-03-31"/><value value-date="2011-03-31">-30214</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2011</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2011-03-31"/><value value-date="2011-03-31">-10750</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2011</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2011-07-31"/><value value-date="2011-07-31">-136651</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2011</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2011-09-30"/><value value-date="2011-09-30">-100748</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2011</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2011-09-30"/><value value-date="2011-09-30">-28401</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2011</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2012-01-31"/><value value-date="2012-01-31">-139894</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2012</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2012-03-31"/><value value-date="2012-03-31">-149227</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2012</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2012-03-31"/><value value-date="2012-03-31">-36081</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2012</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2012-07-31"/><value value-date="2012-07-31">-139858</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2012</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2012-09-30"/><value value-date="2012-09-30">-38208</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2012</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2012-09-30"/><value value-date="2012-09-30">-199504</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2012</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2013-01-31"/><value value-date="2013-01-31">-144972</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2013</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2013-03-31"/><value value-date="2013-03-31">-192664</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2013</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2013-03-31"/><value value-date="2013-03-31">-43711</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2013</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2013-07-31"/><value value-date="2013-07-31">-143867</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2013</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2013-09-30"/><value value-date="2013-09-30">-153587</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2013</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2013-09-30"/><value value-date="2013-09-30">-43256</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2013</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2014-01-31"/><value value-date="2014-01-31">-146940</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2014</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2014-03-31"/><value value-date="2014-03-31">-143153</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2014</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2014-03-31"/><value value-date="2014-03-31">-44878</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2014</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2014-07-31"/><value value-date="2014-07-31">-148114</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2014</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2014-09-30"/><value value-date="2014-09-30">-136978</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2014</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2014-09-30"/><value value-date="2014-09-30">-43758</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2014</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2015-01-31"/><value value-date="2015-01-31">-136750</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2015</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2015-03-31"/><value value-date="2015-03-31">-139797</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2015-03-31"/><value value-date="2015-03-31">-39572</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2015</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2015-07-31"/><value value-date="2015-07-31">-133631</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2015</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2015-09-30"/><value value-date="2015-09-30">-37998</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2015</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2015-09-30"/><value value-date="2015-09-30">-155627</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2016-01-31"/><value value-date="2016-01-31">-132250</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2016</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2016-03-31"/><value value-date="2016-03-31">-178187</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2016-03-31"/><value value-date="2016-03-31">-36709</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2016</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2016-07-31"/><value value-date="2016-07-31">-133241</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2016</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2016-09-30"/><value value-date="2016-09-30">-244600</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2016-09-30"/><value value-date="2016-09-30">-36909</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2016</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-01-31"/><value value-date="2017-01-31">-129163</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2017</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-03-31"/><value value-date="2017-03-31">-302391</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-03-31"/><value value-date="2017-03-31">-35636</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2017</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-07-31"/><value value-date="2017-07-31">-130989</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2017</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-09-30"/><value value-date="2017-09-30">-342110</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-09-30"/><value value-date="2017-09-30">-36547</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2017</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-01-31"/><value value-date="2018-01-31">-137013</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2018</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-03-31"/><value value-date="2018-03-31">-343035</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-03-31"/><value value-date="2018-03-31">-38546</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2018</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-07-31"/><value value-date="2018-07-31">-135911</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2018</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-09-30"/><value value-date="2018-09-30">-489201</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-09-30"/><value value-date="2018-09-30">-37378</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2018</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-01-31"/><value value-date="2019-01-31">-114674</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2019</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-03-31"/><value value-date="2019-03-31">-528371</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-03-31"/><value value-date="2019-03-31">-36616</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2019</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-07-31"/><value value-date="2019-07-31">-140983</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2019</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-09-30"/><value value-date="2019-09-30">-543923</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-09-30"/><value value-date="2019-09-30">-36093</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2019</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-01-31"/><value value-date="2020-01-31">-112688</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2020</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-03-31"/><value value-date="2020-03-31">-424358</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-03-31"/><value value-date="2020-03-31">-36224</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2020</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-07-31"/><value value-date="2020-07-31">-80274</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2020</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-09-30"/><value value-date="2020-09-30">-216168</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-09-30"/><value value-date="2020-09-30">-36545</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2020</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-01-31"/><value value-date="2021-01-31">-125466</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2021</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-03-31"/><value value-date="2021-03-31">-38243</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2021</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-03-31"/><value value-date="2021-03-31">-142563</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-07-31"/><value value-date="2021-07-31">-130245</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2021</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-09-30"/><value value-date="2021-09-30">-130619</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-09-30"/><value value-date="2021-09-30">-35074</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2021</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-01-31"/><value value-date="2022-01-31">-90220</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2022</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-03-31"/><value value-date="2022-03-31">-33145</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2022</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-03-31"/><value value-date="2022-03-31">-120491</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-07-31"/><value value-date="2022-07-31">-85055</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2022</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-09-30"/><value value-date="2022-09-30">-247602</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-09-30"/><value value-date="2022-09-30">-28930</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2022</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-01-31"/><value value-date="2023-01-31">-34129</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2023</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-03-31"/><value value-date="2023-03-31">-27992</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2023</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-03-31"/><value value-date="2023-03-31">-674264</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-07-31"/><value value-date="2023-07-31">-98506</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2023</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-09-30"/><value value-date="2023-09-30">-730116</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-09-30"/><value value-date="2023-09-30">-25996</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2023</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-01-31"/><value value-date="2024-01-31">-66799</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2024</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-03-31"/><value value-date="2024-03-31">-24500</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2024</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-03-31"/><value value-date="2024-03-31">-785069</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-07-31"/><value value-date="2024-07-31">-64719</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2024</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-09-30"/><value value-date="2024-09-30">-766736</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-09-30"/><value value-date="2024-09-30">-14952</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2024</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-01-31"/><value value-date="2025-01-31">-54732</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2025</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-03-31"/><value value-date="2025-03-31">-16075</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2025</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-03-31"/><value value-date="2025-03-31">-643522</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-07-31"/><value value-date="2025-07-31">-20888</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2025</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-09-30"/><value value-date="2025-09-30">-598257</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-09-30"/><value value-date="2025-09-30">-31240</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2025</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2026-01-31"/><value value-date="2026-01-31">-59247</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2026</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2026-03-31"/><value value-date="2026-03-31">-19769</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2026</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2026-03-31"/><value value-date="2026-03-31">-522187</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2019-01-31"/><value value-date="2019-01-31">-1778336</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2019</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2019-03-31"/><value value-date="2019-03-31">-850424</value><description xml:lang="en"><narrative>Total Loan Repayment in March Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2019-07-31"/><value value-date="2019-07-31">-1764852</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2019</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2019-09-30"/><value value-date="2019-09-30">-850424</value><description xml:lang="en"><narrative>Total Loan Repayment in September Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2020-01-31"/><value value-date="2020-01-31">-1760672</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2020</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2020-03-31"/><value value-date="2020-03-31">-850424</value><description xml:lang="en"><narrative>Total Loan Repayment in March Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2020-07-31"/><value value-date="2020-07-31">-1772040</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2020</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2020-09-30"/><value value-date="2020-09-30">-850424</value><description xml:lang="en"><narrative>Total Loan Repayment in September Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2021-01-31"/><value value-date="2021-01-31">-1835791</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2021</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2021-03-31"/><value value-date="2021-03-31">-850424</value><description xml:lang="en"><narrative>Total Loan Repayment in March Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2021-03-31"/><value value-date="2021-03-31">-500620</value><description xml:lang="en"><narrative>Total Loan Repayment in March Month of 2021</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2021-07-31"/><value value-date="2021-07-31">-1815628</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2021</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2021-09-30"/><value value-date="2021-09-30">-499751</value><description xml:lang="en"><narrative>Total Loan Repayment in September Month of 2021</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2021-09-30"/><value value-date="2021-09-30">-850424</value><description xml:lang="en"><narrative>Total Loan Repayment in September Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2022-01-31"/><value value-date="2022-01-31">-1794370</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2022</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2022-03-31"/><value value-date="2022-03-31">-850424</value><description xml:lang="en"><narrative>Total Loan Repayment in March Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2022-03-31"/><value value-date="2022-03-31">-483395</value><description xml:lang="en"><narrative>Total Loan Repayment in March Month of 2022</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2022-07-31"/><value value-date="2022-07-31">-1668716</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2022</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2022-09-30"/><value value-date="2022-09-30">-453810</value><description xml:lang="en"><narrative>Total Loan Repayment in September Month of 2022</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2022-09-30"/><value value-date="2022-09-30">-850424</value><description xml:lang="en"><narrative>Total Loan Repayment in September Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2023-01-31"/><value value-date="2023-01-31">-1718549</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2023</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2023-03-31"/><value value-date="2023-03-31">-850424</value><description xml:lang="en"><narrative>Total Loan Repayment in March Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2023-03-31"/><value value-date="2023-03-31">-466542</value><description xml:lang="en"><narrative>Total Loan Repayment in March Month of 2023</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2023-07-31"/><value value-date="2023-07-31">-1726324</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2023</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2023-09-30"/><value value-date="2023-09-30">-462154</value><description xml:lang="en"><narrative>Total Loan Repayment in September Month of 2023</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2023-09-30"/><value value-date="2023-09-30">-850424</value><description xml:lang="en"><narrative>Total Loan Repayment in September Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2024-01-31"/><value value-date="2024-01-31">-1702797</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2024</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2024-03-31"/><value value-date="2024-03-31">-850424</value><description xml:lang="en"><narrative>Total Loan Repayment in March Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2024-03-31"/><value value-date="2024-03-31">-466668</value><description xml:lang="en"><narrative>Total Loan Repayment in March Month of 2024</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2024-07-31"/><value value-date="2024-07-31">-1691594</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2024</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2024-09-30"/><value value-date="2024-09-30">-472871</value><description xml:lang="en"><narrative>Total Loan Repayment in September Month of 2024</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2024-09-30"/><value value-date="2024-09-30">-850424</value><description xml:lang="en"><narrative>Total Loan Repayment in September Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2025-01-31"/><value value-date="2025-01-31">-1653958</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2025</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2025-03-31"/><value value-date="2025-03-31">-850424</value><description xml:lang="en"><narrative>Total Loan Repayment in March Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2025-03-31"/><value value-date="2025-03-31">-466980</value><description xml:lang="en"><narrative>Total Loan Repayment in March Month of 2025</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2025-07-31"/><value value-date="2025-07-31">-1743440</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2025</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2025-09-30"/><value value-date="2025-09-30">-481222</value><description xml:lang="en"><narrative>Total Loan Repayment in September Month of 2025</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2025-09-30"/><value value-date="2025-09-30">-850424</value><description xml:lang="en"><narrative>Total Loan Repayment in September Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2026-01-31"/><value value-date="2026-01-31">-1738534</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2026</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2026-03-31"/><value value-date="2026-03-31">-850424</value><description xml:lang="en"><narrative>Total Loan Repayment in March Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2026-03-31"/><value value-date="2026-03-31">-475902</value><description xml:lang="en"><narrative>Total Loan Repayment in March Month of 2026</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2133"><narrative>Municipal Development Fund (MDF) of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P110126"><title xml:lang="en"><narrative>Contract Awards</narrative></title><category code="A11" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-detail/P110126?lang=en"><title xml:lang="en"><narrative>Project URL</narrative></title><category code="A12" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P110126"><title xml:lang="en"><narrative>Procurement Notices</narrative></title><category code="A10" /></document-link><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of durable houses constructed
</narrative></title>
<baseline year="2008" iso-date="2008-10-03" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2008-10-03" />
<period-end iso-date="2014-12-31" />
<target value="783.00">

</target>
<actual value="783.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Average liters of water produced per capita per day
</narrative></title>
<baseline year="2008" iso-date="2008-10-03" value="40.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2008-10-03" />
<period-end iso-date="2014-12-31" />
<target value="120.00">

</target>
<actual value="614.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of people in urban areas provided with access to Improved Water Sources under the project
</narrative></title>
<baseline year="2008" iso-date="2008-10-03" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2008-10-03" />
<period-end iso-date="2014-12-31" />
<target value="45000.00">

</target>
<actual value="181700.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Length of roads rehabilitated
</narrative></title>
<baseline year="2008" iso-date="2008-10-03" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2008-10-03" />
<period-end iso-date="2014-12-31" />
<target value="192.00">

</target>
<actual value="247.47">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of improved public water standpipes in IDP settlements
</narrative></title>
<baseline year="2008" iso-date="2008-10-03" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2008-10-03" />
<period-end iso-date="2014-12-31" />
<target value="60.00">

</target>
<actual value="272.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of IDP settlements served with solid waste collection system
</narrative></title>
<baseline year="2008" iso-date="2008-10-03" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2008-10-03" />
<period-end iso-date="2014-12-31" />
<target value="10.00">

</target>
<actual value="10.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Average reduction in vehicle operating cost due to improved urban roads
</narrative></title>
<baseline year="2008" iso-date="2008-10-03" value="100.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2008-10-03" />
<period-end iso-date="2014-12-31" />
<target value="75.00">

</target>
<actual value="70.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Construction of a bridge at the Mtkvari River in Akhalsopeli IDP settlement
</narrative></title>
<baseline year="2008" iso-date="2008-10-03" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2008-10-03" />
<period-end iso-date="2014-12-31" />
<target value="1.00">

</target>
<actual value="1.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Average improved quality of water bodies due to reduction in wastewater pollution
</narrative></title>
<baseline year="2008" iso-date="2008-10-03" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2008-10-03" />
<period-end iso-date="2014-12-31" />
<target value="60.00">

</target>
<actual value="0.00">
<comment><narrative>
No met due to postponement of Mtskheta WWTP and financing other WWTPs under a new Sida TF.
</narrative></comment>
</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Average increased number of hours per day of piped water service
</narrative></title>
<baseline year="2008" iso-date="2008-10-03" value="7.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2008-10-03" />
<period-end iso-date="2014-12-31" />
<target value="12.00">

</target>
<actual value="12.00">

</actual>
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<title><narrative>
Intermediate Results Indicator 
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<indicator measure="1" ascending="1">
<title><narrative>
Piped household water connections that are benefiting from rehabilitation works undertaken by the project
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<target value="30000.00">

</target>
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Actual connections made were surveyed under the O&amp;M assessment
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<title><narrative>
Intermediate Results Indicator 
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<indicator measure="1" ascending="1">
<title><narrative>
Number of implemented investments
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<period-end iso-date="2014-12-31" />
<target value="113.00">

</target>
<actual value="148.00">

</actual>
</period>
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<title><narrative>
PDO Indicator 
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<indicator measure="1" ascending="1">
<title><narrative>
Number of people benefiting from completed emergency rehabilitation
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<baseline year="2008" iso-date="2008-10-03" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2008-10-03" />
<period-end iso-date="2014-12-31" />
<target value="3600.00">

</target>
<actual value="3600.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of completed feasibility studies and engineering designs
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<baseline year="2008" iso-date="2008-10-03" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2008-10-03" />
<period-end iso-date="2014-12-31" />
<target value="113.00">

</target>
<actual value="148.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of local budgets complied with improved budgeting and reporting system
</narrative></title>
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<period>
<period-start iso-date="2008-10-03" />
<period-end iso-date="2014-12-31" />
<target value="64.00">

</target>
<actual value="69.00">
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Actual complied local budgets  were tested during the M&amp;E survey.
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</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of provided grey water house connections in IDP settlements
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<baseline year="2008" iso-date="2008-10-03" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2008-10-03" />
<period-end iso-date="2014-12-31" />
<target value="783.00">

</target>
<actual value="783.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number pedestrian crossings constructed in IDP settlements
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<baseline year="2008" iso-date="2008-10-03" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2008-10-03" />
<period-end iso-date="2014-12-31" />
<target value="150.00">

</target>
<actual value="300.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of IDP houses with the improved physical conditions
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<period>
<period-start iso-date="2008-10-03" />
<period-end iso-date="2014-12-31" />
<target value="1263.00">

</target>
<actual value="1483.00">

</actual>
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</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Improved performance benchmarks of MDF
</narrative></title>
<baseline year="2008" iso-date="2008-10-03" value="0"><comment><narrative></narrative></comment></baseline>
<period>
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<period-end iso-date="2014-12-31" />
<target value="1">

</target>
<actual value="1">
<comment><narrative>
MDF reorganization completed and approved by its SB.
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</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of people in rural areas provided with access to Improved Water Sources under the project
</narrative></title>
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<period-start iso-date="2008-10-03" />
<period-end iso-date="2014-12-31" />
<target value="45000.00">

</target>
<actual value="181835.00">

</actual>
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<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Average reduction in KWh consumed per m3 due to introduction of energy efficient production methods.
</narrative></title>
<baseline year="2008" iso-date="2008-10-03" value="0.63"><comment><narrative></narrative></comment></baseline>
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<period-start iso-date="2008-10-03" />
<period-end iso-date="2014-12-31" />
<target value="0.40">

</target>
<actual value="0.37">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Increased volume of water supply in IDP settlements
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<baseline year="2008" iso-date="2008-10-03" value="0.00"><comment><narrative></narrative></comment></baseline>
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<period-start iso-date="2008-10-03" />
<period-end iso-date="2014-12-31" />
<target value="20.00">

</target>
<actual value="152.00">
<comment><narrative>
Actual m3 amount surveyed under the M&amp;E tests
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</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of Cities completed their Strategic Development Plans
</narrative></title>
<baseline year="2008" iso-date="2008-10-03" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2008-10-03" />
<period-end iso-date="2014-12-31" />
<target value="3.00">

</target>
<actual value="3.00">
<comment><narrative>
Cities Alliance funded Tbilisi CDS, while other donors funded other cities' strategies. This TA activity was initially replaced byother TA activities, but in light of recently completed decentralization and local election, CDS can be initiated in 3 mid-sizecities.
</narrative></comment>
</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Average cubic meter of collected sewerage per day
</narrative></title>
<baseline year="2008" iso-date="2008-10-03" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2008-10-03" />
<period-end iso-date="2014-12-31" />
<target value="700.00">

</target>
<actual value="3084.00">

</actual>
</period>
</indicator>
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<value currency="USD" value-date="2013-07-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2013-08-01"/>
<period-end iso-date="2013-08-31"/>
<value currency="USD" value-date="2013-08-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2013-09-01"/>
<period-end iso-date="2013-09-30"/>
<value currency="USD" value-date="2013-09-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2013-10-01"/>
<period-end iso-date="2013-10-31"/>
<value currency="USD" value-date="2013-10-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2013-11-01"/>
<period-end iso-date="2013-11-30"/>
<value currency="USD" value-date="2013-11-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2013-12-01"/>
<period-end iso-date="2013-12-31"/>
<value currency="USD" value-date="2013-12-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2014-01-01"/>
<period-end iso-date="2014-01-31"/>
<value currency="USD" value-date="2014-01-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2014-02-01"/>
<period-end iso-date="2014-02-28"/>
<value currency="USD" value-date="2014-02-28">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2014-03-01"/>
<period-end iso-date="2014-03-31"/>
<value currency="USD" value-date="2014-03-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2014-04-01"/>
<period-end iso-date="2014-04-30"/>
<value currency="USD" value-date="2014-04-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2014-05-01"/>
<period-end iso-date="2014-05-31"/>
<value currency="USD" value-date="2014-05-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2014-06-01"/>
<period-end iso-date="2014-06-30"/>
<value currency="USD" value-date="2014-06-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2014-07-01"/>
<period-end iso-date="2014-07-31"/>
<value currency="USD" value-date="2014-07-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2014-08-01"/>
<period-end iso-date="2014-08-31"/>
<value currency="USD" value-date="2014-08-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2014-09-01"/>
<period-end iso-date="2014-09-30"/>
<value currency="USD" value-date="2014-09-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2014-10-01"/>
<period-end iso-date="2014-10-31"/>
<value currency="USD" value-date="2014-10-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2014-11-01"/>
<period-end iso-date="2014-11-30"/>
<value currency="USD" value-date="2014-11-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2014-12-01"/>
<period-end iso-date="2014-12-31"/>
<value currency="USD" value-date="2014-12-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2015-01-01"/>
<period-end iso-date="2015-01-31"/>
<value currency="USD" value-date="2015-01-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2015-02-01"/>
<period-end iso-date="2015-02-28"/>
<value currency="USD" value-date="2015-02-28">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2015-03-01"/>
<period-end iso-date="2015-03-31"/>
<value currency="USD" value-date="2015-03-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2015-04-01"/>
<period-end iso-date="2015-04-30"/>
<value currency="USD" value-date="2015-04-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2015-05-01"/>
<period-end iso-date="2015-05-31"/>
<value currency="USD" value-date="2015-05-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2015-06-01"/>
<period-end iso-date="2015-06-30"/>
<value currency="USD" value-date="2015-06-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2015-06-01"/>
<period-end iso-date="2016-06-30"/>
<value currency="USD" value-date="2016-06-30">0.00</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2015-06-01"/>
<period-end iso-date="2016-06-30"/>
<value currency="USD" value-date="2016-06-30">0.00</value>
</budget>
<capital-spend percentage="100" /><transaction><transaction-type code="2" /><transaction-date iso-date="2009-09-30"/><value value-date="2009-09-30">147000000</value><description xml:lang="en"><narrative>Total Commitment in September Month of 2009</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="2" /><transaction-date iso-date="2012-06-30"/><value value-date="2012-06-30">43000000</value><description xml:lang="en"><narrative>Total Commitment in June Month of 2012</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="2" /><transaction-date iso-date="2017-06-30"/><value value-date="2017-06-30">-5310228</value><description xml:lang="en"><narrative>Total Commitment Cancellations in June Month of 2017</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2009-11-30"/><value value-date="2009-11-30">32367500</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2009</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2009-12-31"/><value value-date="2009-12-31">23698708</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2009</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2010-04-30"/><value value-date="2010-04-30">3233378</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2010</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2010-06-30"/><value value-date="2010-06-30">2734930</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2010</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2010-10-31"/><value value-date="2010-10-31">6280013</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2010</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2011-01-31"/><value value-date="2011-01-31">12201739</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2011</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2011-07-31"/><value value-date="2011-07-31">23725211</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2011</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2011-10-31"/><value value-date="2011-10-31">17447490</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2011</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2012-05-31"/><value value-date="2012-05-31">20788205</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2012</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2012-08-31"/><value value-date="2012-08-31">6818449</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2012</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2012-09-30"/><value value-date="2012-09-30">7000000</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2012</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2013-01-31"/><value value-date="2013-01-31">359652</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2013</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2013-01-31"/><value value-date="2013-01-31">4522827</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2013</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2013-05-31"/><value value-date="2013-05-31">135157</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2013</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2013-11-30"/><value value-date="2013-11-30">3807927</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2013</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2014-03-31"/><value value-date="2014-03-31">3007412</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2014</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2014-11-30"/><value value-date="2014-11-30">4231345</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2014</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2015-02-28"/><value value-date="2015-02-28">4490050</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2015</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2015-07-31"/><value value-date="2015-07-31">1186659</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2015</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2015-10-31"/><value value-date="2015-10-31">5170407</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2015</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-03-31"/><value value-date="2016-03-31">2118659</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2016</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-05-31"/><value value-date="2016-05-31">1765278</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2016</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-10-31"/><value value-date="2016-10-31">171502</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2016</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-11-30"/><value value-date="2016-11-30">-4760843</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2016</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2009-11-30"/><value value-date="2009-11-30">-367500</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2009</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2010-01-31"/><value value-date="2010-01-31">-484</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2010</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2010-07-31"/><value value-date="2010-07-31">-176813</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2010</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2011-01-31"/><value value-date="2011-01-31">-269438</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2011</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2011-07-31"/><value value-date="2011-07-31">-219700</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2011</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2012-01-31"/><value value-date="2012-01-31">-287352</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2012</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2012-07-31"/><value value-date="2012-07-31">-578476</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2012</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2013-01-31"/><value value-date="2013-01-31">-582573</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2013</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2013-01-31"/><value value-date="2013-01-31">-101125</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2013</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2013-07-31"/><value value-date="2013-07-31">-139253</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2013</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2013-07-31"/><value value-date="2013-07-31">-412902</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2013</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2014-01-31"/><value value-date="2014-01-31">-144644</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2014</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2014-01-31"/><value value-date="2014-01-31">-353127</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2014</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2014-07-31"/><value value-date="2014-07-31">-211919</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2014</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2014-07-31"/><value value-date="2014-07-31">-303024</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2014</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2015-01-31"/><value value-date="2015-01-31">-323073</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2015-01-31"/><value value-date="2015-01-31">-213995</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2015</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2015-07-31"/><value value-date="2015-07-31">-354908</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2015-07-31"/><value value-date="2015-07-31">-269915</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2015</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2016-01-31"/><value value-date="2016-01-31">-439981</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2016-01-31"/><value value-date="2016-01-31">-308493</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2016</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2016-07-31"/><value value-date="2016-07-31">-719534</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2016-07-31"/><value value-date="2016-07-31">-358654</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2016</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-01-31"/><value value-date="2017-01-31">-822560</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-01-31"/><value value-date="2017-01-31">-348294</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2017</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-07-31"/><value value-date="2017-07-31">-308388</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2017</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-07-31"/><value value-date="2017-07-31">-1044325</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-01-31"/><value value-date="2018-01-31">-1130606</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-01-31"/><value value-date="2018-01-31">-331901</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2018</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-07-31"/><value value-date="2018-07-31">-1360209</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-07-31"/><value value-date="2018-07-31">-330662</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2018</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-01-31"/><value value-date="2019-01-31">-284531</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2019</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-01-31"/><value value-date="2019-01-31">-1767136</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-07-31"/><value value-date="2019-07-31">-1915113</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-07-31"/><value value-date="2019-07-31">-296122</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2019</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-01-31"/><value value-date="2020-01-31">-269119</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2020</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-01-31"/><value value-date="2020-01-31">-1502667</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-07-31"/><value value-date="2020-07-31">-1246291</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-07-31"/><value value-date="2020-07-31">-253130</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2020</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-01-31"/><value value-date="2021-01-31">-274980</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2021</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-01-31"/><value value-date="2021-01-31">-365449</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-07-31"/><value value-date="2021-07-31">-311745</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-07-31"/><value value-date="2021-07-31">-271809</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2021</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-01-31"/><value value-date="2022-01-31">-249545</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2022</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-01-31"/><value value-date="2022-01-31">-259661</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-07-31"/><value value-date="2022-07-31">-230095</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2022</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-07-31"/><value value-date="2022-07-31">-382248</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-01-31"/><value value-date="2023-01-31">-1977324</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-01-31"/><value value-date="2023-01-31">-193999</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2023</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-07-31"/><value value-date="2023-07-31">-234717</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2023</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-07-31"/><value value-date="2023-07-31">-2600065</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-01-31"/><value value-date="2024-01-31">-2916123</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-01-31"/><value value-date="2024-01-31">-203955</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2024</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-07-31"/><value value-date="2024-07-31">-195510</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2024</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-07-31"/><value value-date="2024-07-31">-2825243</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-01-31"/><value value-date="2025-01-31">-2585370</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-01-31"/><value value-date="2025-01-31">-179315</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2025</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-07-31"/><value value-date="2025-07-31">-157213</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2025</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-07-31"/><value value-date="2025-07-31">-2183197</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2026-01-31"/><value value-date="2026-01-31">-2067713</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2026-01-31"/><value value-date="2026-01-31">-177381</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2026</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2015-01-31"/><value value-date="2015-01-31">-2940000</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2015-07-31"/><value value-date="2015-07-31">-2940000</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2016-01-31"/><value value-date="2016-01-31">-2940000</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2016-07-31"/><value value-date="2016-07-31">-2940000</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2017-01-31"/><value value-date="2017-01-31">-2940000</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2017-07-31"/><value value-date="2017-07-31">-2940000</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2017-07-31"/><value value-date="2017-07-31">-1271029</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2017</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2018-01-31"/><value value-date="2018-01-31">-2940000</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2018-01-31"/><value value-date="2018-01-31">-1121375</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2018</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2018-07-31"/><value value-date="2018-07-31">-1097146</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2018</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2018-07-31"/><value value-date="2018-07-31">-2940000</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2019-01-31"/><value value-date="2019-01-31">-2940000</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2019-01-31"/><value value-date="2019-01-31">-1091927</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2019</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2019-07-31"/><value value-date="2019-07-31">-1083647</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2019</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2019-07-31"/><value value-date="2019-07-31">-2940000</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2020-01-31"/><value value-date="2020-01-31">-2940000</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2020-01-31"/><value value-date="2020-01-31">-1081080</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2020</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2020-07-31"/><value value-date="2020-07-31">-544030</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2020</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2020-07-31"/><value value-date="2020-07-31">-2940000</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2021-01-31"/><value value-date="2021-01-31">-2940000</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2021-01-31"/><value value-date="2021-01-31">-563602</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2021</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2021-07-31"/><value value-date="2021-07-31">-557412</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2021</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2021-07-31"/><value value-date="2021-07-31">-2940000</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2022-01-31"/><value value-date="2022-01-31">-2940000</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2022-01-31"/><value value-date="2022-01-31">-550886</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2022</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2022-07-31"/><value value-date="2022-07-31">-1024618</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2022</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2022-07-31"/><value value-date="2022-07-31">-2940000</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2023-01-31"/><value value-date="2023-01-31">-2940000</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2023-01-31"/><value value-date="2023-01-31">-1055217</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2023</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2023-07-31"/><value value-date="2023-07-31">-1059990</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2023</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2023-07-31"/><value value-date="2023-07-31">-2940000</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2024-01-31"/><value value-date="2024-01-31">-2940000</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2024-01-31"/><value value-date="2024-01-31">-1045544</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2024</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2024-07-31"/><value value-date="2024-07-31">-1038665</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2024</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2024-07-31"/><value value-date="2024-07-31">-2940000</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2025-01-31"/><value value-date="2025-01-31">-2940000</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2025-01-31"/><value value-date="2025-01-31">-1015556</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2025</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2025-07-31"/><value value-date="2025-07-31">-1070500</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2025</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2025-07-31"/><value value-date="2025-07-31">-2940000</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2026-01-31"/><value value-date="2026-01-31">-2940000</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2026-01-31"/><value value-date="2026-01-31">-1067487</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2026</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-2446"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P112523"><title xml:lang="en"><narrative>Contract Awards</narrative></title><category code="A11" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-detail/P112523?lang=en"><title xml:lang="en"><narrative>Project URL</narrative></title><category code="A12" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P112523"><title xml:lang="en"><narrative>Procurement Notices</narrative></title><category code="A10" /></document-link><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of kilometers of road upgraded Sveneti-Ruisi
</narrative></title>
<baseline year="2009" iso-date="2009-08-09" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2009-08-09" />
<period-end iso-date="2016-06-30" />
<target value="15.00">

</target>
<actual value="15.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Completion of framework for E60 performance based road maintenance
</narrative></title>
<baseline year="2012" iso-date="2012-05-03" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-05-03" />
<period-end iso-date="2016-06-30" />
<target value="Yes">

</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of kilometers of road upgraded Sveneti-Ruisi
</narrative></title>
<baseline year="2009" iso-date="2009-08-09" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2009-08-09" />
<period-end iso-date="2016-06-30" />
<target value="15.00">

</target>
<actual value="15.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Improvement in road capacity from Ruisi to Agara Bypass in passenger car space equivalent
</narrative></title>
<baseline year="2012" iso-date="2012-05-03" value="2800.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-05-03" />
<period-end iso-date="2016-06-30" />
<target value="8000.00">

</target>
<actual value="8000.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Vehicle operating cost from Sveneti to Ruisi (cars in US$/km)
</narrative></title>
<baseline year="2009" iso-date="2009-08-09" value="0.20"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2009-08-09" />
<period-end iso-date="2016-06-30" />
<target value="0.18">

</target>
<actual value="0.17">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage reduction in road fatality rate per 10,000 vehicles on E60 corridor from Senaki to Tbilisi.
</narrative></title>
<baseline year="2009" iso-date="2009-08-09" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2009-08-09" />
<period-end iso-date="2016-06-30" />
<target value="30.00">

</target>
<actual value="43.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Endorsement by RD of Georgian road safety audit manuals for new and existing roads
</narrative></title>
<baseline year="2009" iso-date="2009-08-09" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2009-08-09" />
<period-end iso-date="2016-06-30" />
<target value="Yes">

</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of E60 Corridor Senaki to Tbilisi with road safety engineering improvements (defined under TEWHIP) completed
</narrative></title>
<baseline year="2009" iso-date="2009-05-03" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2009-05-03" />
<period-end iso-date="2016-06-30" />
<target value="100.00">

</target>
<actual value="100.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of km upgraded Sveneti-Agara Bypass
</narrative></title>
<baseline year="2012" iso-date="2012-05-03" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-05-03" />
<period-end iso-date="2016-06-30" />
<target value="34.00">

</target>
<actual value="34.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Vehicle operating cost from Sveneti to Ruisi (cars in US$/km)
</narrative></title>
<baseline year="2009" iso-date="2009-08-09" value="0.20"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2009-08-09" />
<period-end iso-date="2016-06-30" />
<target value="0.18">

</target>
<actual value="0.17">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Purchase/Development of the Road Crash Database
</narrative></title>
<baseline year="2013" iso-date="2013-09-18" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2013-09-18" />
<period-end iso-date="2016-06-30" />
<target value="Yes">

</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Vehicle operating cost from Sveneti to Agara Bypass (trucks, US$/km)
</narrative></title>
<baseline year="2012" iso-date="2012-05-03" value="0.76"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-05-03" />
<period-end iso-date="2016-06-30" />
<target value="0.72">

</target>
<actual value="0.72">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Improvement in road capacity from Ruisi to Agara Bypass in passenger car space equivalent
</narrative></title>
<baseline year="2012" iso-date="2012-05-03" value="2800.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-05-03" />
<period-end iso-date="2016-06-30" />
<target value="8000.00">

</target>
<actual value="8000.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Transit time from Sveneti to Ruisi (minutes)
</narrative></title>
<baseline year="2009" iso-date="2009-08-09" value="12.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2009-08-09" />
<period-end iso-date="2016-06-30" />
<target value="9.00">

</target>
<actual value="8.10">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Completion of framework for E60 performance based road maintenance
</narrative></title>
<baseline year="2012" iso-date="2012-05-03" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-05-03" />
<period-end iso-date="2016-06-30" />
<target value="Yes">

</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Vehicle operating cost from Sveneti to Ruisi (trucks in US$/km)
</narrative></title>
<baseline year="2009" iso-date="2009-08-09" value="0.76"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2009-08-09" />
<period-end iso-date="2016-06-30" />
<target value="0.72">

</target>
<actual value="0.71">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Vehicle operating cost from Sveneti to Agara Bypass (cars, USD/km)
</narrative></title>
<baseline year="2012" iso-date="2012-05-03" value="0.20"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-05-03" />
<period-end iso-date="2016-06-30" />
<target value="0.18">

</target>
<actual value="0.19">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Annual road safety actions undertaken as specified by the Georgian National Traffic Safety Strategy
</narrative></title>
<baseline year="2009" iso-date="2009-05-03" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2009-05-03" />
<period-end iso-date="2016-06-30" />
<target value="Yes">

</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Vehicle operating cost from Sveneti to Ruisi (trucks in US$/km)
</narrative></title>
<baseline year="2009" iso-date="2009-08-09" value="0.76"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2009-08-09" />
<period-end iso-date="2016-06-30" />
<target value="0.72">

</target>
<actual value="0.71">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Transit time from Sveneti to Ruisi (minutes)
</narrative></title>
<baseline year="2009" iso-date="2009-08-09" value="12.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2009-08-09" />
<period-end iso-date="2016-06-30" />
<target value="9.00">

</target>
<actual value="8.10">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of E60 Corridor Senaki to Tbilisi with road safety engineering improvements completed
</narrative></title>
<baseline year="2009" iso-date="2009-05-03" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2009-05-03" />
<period-end iso-date="2016-06-30" />
<target value="100.00">

</target>
<actual value="90.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Annual road safety actions undertaken as specified by the Georgian National Traffic Safety Strategy
</narrative></title>
<baseline year="2009" iso-date="2009-05-03" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2009-05-03" />
<period-end iso-date="2016-06-30" />
<target value="Yes">

</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage reduction in road fatality rate per 10,000 vehicles on E60 corridor from Senaki to Tbilisi.
</narrative></title>
<baseline year="2009" iso-date="2009-08-09" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2009-08-09" />
<period-end iso-date="2016-06-30" />
<target value="30.00">

</target>
<actual value="43.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
All new IBRD financed road sections subject to formal road safety audit using Georgian manuals
</narrative></title>
<baseline year="2009" iso-date="2009-08-09" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2009-08-09" />
<period-end iso-date="2016-06-30" />
<target value="Yes">

</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Purchase/Development of the Road Crash Database
</narrative></title>
<baseline year="2013" iso-date="2013-09-18" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2013-09-18" />
<period-end iso-date="2016-06-30" />
<target value="Yes">

</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of E60 corridor Senaki to Tbilisi subject to road safety audits
</narrative></title>
<baseline year="2009" iso-date="2009-08-09" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2009-08-09" />
<period-end iso-date="2016-06-30" />
<target value="100.00">

</target>
<actual value="100.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Vehicle operating cost from Sveneti to Agara Bypass (trucks, US$/km)
</narrative></title>
<baseline year="2012" iso-date="2012-05-03" value="0.76"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-05-03" />
<period-end iso-date="2016-06-30" />
<target value="0.72">

</target>
<actual value="0.74">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Transit time from Sveneti to the Agara Bypass
</narrative></title>
<baseline year="2012" iso-date="2012-05-03" value="27.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-05-03" />
<period-end iso-date="2016-06-30" />
<target value="20.00">

</target>
<actual value="22.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Endorsement by RD of Georgian road safety audit manuals for new and existing roads
</narrative></title>
<baseline year="2009" iso-date="2009-08-09" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2009-08-09" />
<period-end iso-date="2016-06-30" />
<target value="Yes">

</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of E60 corridor Senaki to Tbilisi subject to road safety audits
</narrative></title>
<baseline year="2009" iso-date="2009-08-09" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2009-08-09" />
<period-end iso-date="2016-06-30" />
<target value="100.00">

</target>
<actual value="100.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Transit time from Sveneti to the Agara Bypass
</narrative></title>
<baseline year="2012" iso-date="2012-05-03" value="27.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-05-03" />
<period-end iso-date="2016-06-30" />
<target value="20.00">

</target>
<actual value="21.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
All new IBRD financed road sections subject to formal road safety audit using Georgian manuals
</narrative></title>
<baseline year="2009" iso-date="2009-08-09" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2009-08-09" />
<period-end iso-date="2016-06-30" />
<target value="Yes">

</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Vehicle operating cost from Sveneti to Agara Bypass (cars, USD/km)
</narrative></title>
<baseline year="2012" iso-date="2012-05-03" value="0.20"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-05-03" />
<period-end iso-date="2016-06-30" />
<target value="0.18">

</target>
<actual value="0.18">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of km upgraded Sveneti-Agara Bypass
</narrative></title>
<baseline year="2012" iso-date="2012-05-03" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-05-03" />
<period-end iso-date="2016-06-30" />
<target value="34.00">

</target>
<actual value="34.00">

</actual>
</period>
</indicator>
</result></iati-activity><iati-activity xml:lang="en" default-currency="USD" last-updated-datetime="2026-09-26T22:16:57" hierarchy="1"><iati-identifier>44000-P122204</iati-identifier><reporting-org ref="44000" type="40"><narrative  xml:lang="en">World Bank</narrative></reporting-org><title xml:lang="en"><narrative>Second Secondary and Local Roads Project (SLRP II)</narrative></title><description type="2" xml:lang="en"><narrative><![CDATA[To improve local connectivity and travel time for selected secondary and local roads, and to strengthen the capacity of the Roads Department to manage the road network.]]></narrative></description><description type="1" xml:lang="en"><narrative><![CDATA[The objective of the Second Secondary and Local Roads Project (SLRP II) for Georgia is to improve local connectivity and travel time for selected secondary and local roads, and to strengthen the capacity of the Roads Department (RD) to manage the road network. There are two components to the project, the first component being rehabilitation and improvement of selected secondary and local roads. This component will rehabilitate and improve various secondary and local roads throughout the country. The Government has identified 19 road sections with a total length of about 225 km, as listed in annex two, for the first two years of project implementation. The first year program will include at least six road sections, with a total length of about 61 km, for which designs have been completed. Selection of the firms to design the planned rehabilitation under the second year program is also well advanced. Finally, the second component is the institutional strengthening and project management. This component will finance the provision of goods, consultants' services, and training aimed at strengthening the capacity of RD and Foreign Project Unit (FPU) in: (a) project management and implementation; (b) identifying, developing and implementing road safety measures on secondary and local roads; and (c) carrying out impact evaluations.]]></narrative></description><participating-org role="1" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org><participating-org role="2" xml:lang="en" ref="GE–P0004547"><narrative>Georgia</narrative></participating-org><participating-org role="3" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org><participating-org role="1" ref="44002" type="40" xml:lang="en"><narrative>International Development Association</narrative></participating-org><participating-org role="3" ref="44002" type="40" xml:lang="en"><narrative>International Development Association</narrative></participating-org><participating-org role="4" xml:lang="en" ref="GE-COA-0004548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></participating-org>
<activity-status code="3" /><activity-date type="1" iso-date="2011-03-22"><narrative>Planned start date of the activity</narrative></activity-date><activity-date type="2" iso-date="2012-03-15"><narrative>Actual start date of the activity</narrative></activity-date><activity-date type="3" iso-date="2019-06-30"><narrative>Planned end date of the activity</narrative></activity-date><activity-date type="4" iso-date="2019-06-30"><narrative>Actual end date of the activity</narrative></activity-date><contact-info type="1"><organisation><narrative>The World Bank</narrative></organisation><person-name><narrative>Nijat Valiyev</narrative></person-name><telephone>+1-202-473-1000</telephone><email>nvaliyev@worldbankgroup.org</email><email>pic@worldbank.org</email><mailing-address><narrative>The World Bank, 1818 H Street, NW, Washington, DC 20433 USA</narrative></mailing-address></contact-info>



<recipient-country code="GE" percentage="100"><narrative xml:lang="en">GEORGIA</narrative></recipient-country><location>
            <location-reach code="1" />
            <location-id vocabulary="G1" code="0000529669" />
            <name><narrative>Mamison Pass</narrative></name>
            <point srsName="http://www.opengis.net/def/crs/EPSG/0/4326">
            <pos>42.70406 43.813831</pos>
            </point>
            <exactness code="2"/>
            <location-class code="4" />
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<value currency="USD" value-date="2015-05-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2015-06-01"/>
<period-end iso-date="2015-06-30"/>
<value currency="USD" value-date="2015-06-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2015-07-01"/>
<period-end iso-date="2015-07-31"/>
<value currency="USD" value-date="2015-07-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2015-08-01"/>
<period-end iso-date="2015-08-31"/>
<value currency="USD" value-date="2015-08-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2015-09-01"/>
<period-end iso-date="2015-09-30"/>
<value currency="USD" value-date="2015-09-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2015-10-01"/>
<period-end iso-date="2015-10-31"/>
<value currency="USD" value-date="2015-10-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2015-11-01"/>
<period-end iso-date="2015-11-30"/>
<value currency="USD" value-date="2015-11-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2015-12-01"/>
<period-end iso-date="2015-12-31"/>
<value currency="USD" value-date="2015-12-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2016-01-01"/>
<period-end iso-date="2016-01-31"/>
<value currency="USD" value-date="2016-01-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2016-02-01"/>
<period-end iso-date="2016-02-29"/>
<value currency="USD" value-date="2016-02-29">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2016-03-01"/>
<period-end iso-date="2016-03-31"/>
<value currency="USD" value-date="2016-03-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2016-04-01"/>
<period-end iso-date="2016-04-30"/>
<value currency="USD" value-date="2016-04-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2016-05-01"/>
<period-end iso-date="2016-05-31"/>
<value currency="USD" value-date="2016-05-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2016-06-01"/>
<period-end iso-date="2016-06-30"/>
<value currency="USD" value-date="2016-06-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2016-07-01"/>
<period-end iso-date="2016-07-31"/>
<value currency="USD" value-date="2016-07-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2016-08-01"/>
<period-end iso-date="2016-08-31"/>
<value currency="USD" value-date="2016-08-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2016-09-01"/>
<period-end iso-date="2016-09-30"/>
<value currency="USD" value-date="2016-09-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2016-10-01"/>
<period-end iso-date="2016-10-31"/>
<value currency="USD" value-date="2016-10-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2016-11-01"/>
<period-end iso-date="2016-11-30"/>
<value currency="USD" value-date="2016-11-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2016-12-01"/>
<period-end iso-date="2016-12-31"/>
<value currency="USD" value-date="2016-12-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2017-01-01"/>
<period-end iso-date="2017-01-31"/>
<value currency="USD" value-date="2017-01-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2017-02-01"/>
<period-end iso-date="2017-02-28"/>
<value currency="USD" value-date="2017-02-28">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2017-03-01"/>
<period-end iso-date="2017-03-31"/>
<value currency="USD" value-date="2017-03-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2017-04-01"/>
<period-end iso-date="2017-04-30"/>
<value currency="USD" value-date="2017-04-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2017-05-01"/>
<period-end iso-date="2017-05-31"/>
<value currency="USD" value-date="2017-05-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2017-06-01"/>
<period-end iso-date="2017-06-30"/>
<value currency="USD" value-date="2017-06-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2017-07-01"/>
<period-end iso-date="2017-07-31"/>
<value currency="USD" value-date="2017-07-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2017-08-01"/>
<period-end iso-date="2017-08-31"/>
<value currency="USD" value-date="2017-08-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2017-09-01"/>
<period-end iso-date="2017-09-30"/>
<value currency="USD" value-date="2017-09-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2017-10-01"/>
<period-end iso-date="2017-10-31"/>
<value currency="USD" value-date="2017-10-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2017-11-01"/>
<period-end iso-date="2017-11-30"/>
<value currency="USD" value-date="2017-11-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2017-12-01"/>
<period-end iso-date="2017-12-31"/>
<value currency="USD" value-date="2017-12-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2018-01-01"/>
<period-end iso-date="2018-01-31"/>
<value currency="USD" value-date="2018-01-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2018-02-01"/>
<period-end iso-date="2018-02-28"/>
<value currency="USD" value-date="2018-02-28">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2018-03-01"/>
<period-end iso-date="2018-03-31"/>
<value currency="USD" value-date="2018-03-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2018-04-01"/>
<period-end iso-date="2018-04-30"/>
<value currency="USD" value-date="2018-04-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2018-05-01"/>
<period-end iso-date="2018-05-31"/>
<value currency="USD" value-date="2018-05-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2018-06-01"/>
<period-end iso-date="2018-06-30"/>
<value currency="USD" value-date="2018-06-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2018-07-01"/>
<period-end iso-date="2018-07-31"/>
<value currency="USD" value-date="2018-07-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2018-08-01"/>
<period-end iso-date="2018-08-31"/>
<value currency="USD" value-date="2018-08-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2018-09-01"/>
<period-end iso-date="2018-09-30"/>
<value currency="USD" value-date="2018-09-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2018-10-01"/>
<period-end iso-date="2018-10-31"/>
<value currency="USD" value-date="2018-10-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2018-11-01"/>
<period-end iso-date="2018-11-30"/>
<value currency="USD" value-date="2018-11-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2018-12-01"/>
<period-end iso-date="2018-12-31"/>
<value currency="USD" value-date="2018-12-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2019-01-01"/>
<period-end iso-date="2019-01-31"/>
<value currency="USD" value-date="2019-01-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2019-02-01"/>
<period-end iso-date="2019-02-28"/>
<value currency="USD" value-date="2019-02-28">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2019-03-01"/>
<period-end iso-date="2019-03-31"/>
<value currency="USD" value-date="2019-03-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2019-04-01"/>
<period-end iso-date="2019-04-30"/>
<value currency="USD" value-date="2019-04-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2019-05-01"/>
<period-end iso-date="2019-05-31"/>
<value currency="USD" value-date="2019-05-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2019-06-01"/>
<period-end iso-date="2019-06-30"/>
<value currency="USD" value-date="2019-06-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2017-06-01"/>
<period-end iso-date="2019-06-30"/>
<value currency="USD" value-date="2019-06-30">7498016.59</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2017-06-01"/>
<period-end iso-date="2019-06-30"/>
<value currency="USD" value-date="2019-06-30">7498016.59</value>
</budget>
<capital-spend percentage="100" /><transaction><transaction-type code="2" /><transaction-date iso-date="2012-03-31"/><value value-date="2012-03-31">40000000</value><description xml:lang="en"><narrative>Total Commitment in March Month of 2012</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="2" /><transaction-date iso-date="2012-03-31"/><value value-date="2012-03-31">30000000</value><description xml:lang="en"><narrative>Total Commitment in March Month of 2012</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="2" /><transaction-date iso-date="2018-03-31"/><value value-date="2018-03-31">-231</value><description xml:lang="en"><narrative>Total Commitment Cancellations in March Month of 2018</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="2" /><transaction-date iso-date="2019-03-31"/><value value-date="2019-03-31">-2513747</value><description xml:lang="en"><narrative>Total Commitment Cancellations in March Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="2" /><transaction-date iso-date="2019-04-30"/><value value-date="2019-04-30">-1016474</value><description xml:lang="en"><narrative>Total Commitment Cancellations in April Month of 2019</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="2" /><transaction-date iso-date="2020-07-31"/><value value-date="2020-07-31">-3369217</value><description xml:lang="en"><narrative>Total Commitment Cancellations in July Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2012-06-30"/><value value-date="2012-06-30">75000</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2012</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2012-08-31"/><value value-date="2012-08-31">5000000</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2012</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2012-09-30"/><value value-date="2012-09-30">4880223</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2012</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2012-10-31"/><value value-date="2012-10-31">3671345</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2012</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2013-01-31"/><value value-date="2013-01-31">5759059</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2013</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2013-02-28"/><value value-date="2013-02-28">848524</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2013</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2013-05-31"/><value value-date="2013-05-31">2324413</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2013</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2013-07-31"/><value value-date="2013-07-31">2613753</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2013</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2013-09-30"/><value value-date="2013-09-30">3661547</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2013</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2013-11-30"/><value value-date="2013-11-30">4998976</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2013</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2013-12-31"/><value value-date="2013-12-31">1113829</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2013</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2014-01-31"/><value value-date="2014-01-31">3976752</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2014</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2014-04-30"/><value value-date="2014-04-30">553000</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2014</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2014-06-30"/><value value-date="2014-06-30">3000000</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2014</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2014-09-30"/><value value-date="2014-09-30">2039118</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2014</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2014-10-31"/><value value-date="2014-10-31">2999269</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2014</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2015-02-28"/><value value-date="2015-02-28">2743682</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2015-05-31"/><value value-date="2015-05-31">174024</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2015-07-31"/><value value-date="2015-07-31">640041</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2015-12-31"/><value value-date="2015-12-31">1735054</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-03-31"/><value value-date="2016-03-31">365426</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-05-31"/><value value-date="2016-05-31">1386144</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-06-30"/><value value-date="2016-06-30">1377504</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-08-31"/><value value-date="2016-08-31">293798</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2017-01-31"/><value value-date="2017-01-31">770033</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2017-06-30"/><value value-date="2017-06-30">358946</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2017-09-30"/><value value-date="2017-09-30">1341082</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2017-12-31"/><value value-date="2017-12-31">1888347</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2018-06-30"/><value value-date="2018-06-30">2699560</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2018-09-30"/><value value-date="2018-09-30">3682845</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2018-12-31"/><value value-date="2018-12-31">-1016474</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2018</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2018-12-31"/><value value-date="2018-12-31">-1267537</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2019-11-30"/><value value-date="2019-11-30">-2185299</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2012-06-30"/><value value-date="2012-06-30">-75000</value><description xml:lang="en"><narrative>Total Interest Repayment in June Month of 2012</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2013-01-31"/><value value-date="2013-01-31">-92210</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2013</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2013-01-31"/><value value-date="2013-01-31">-592</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2013</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2013-07-31"/><value value-date="2013-07-31">-193584</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2013</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2013-07-31"/><value value-date="2013-07-31">-362</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2013</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2014-01-31"/><value value-date="2014-01-31">-293674</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2014</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2014-01-31"/><value value-date="2014-01-31">-334</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2014</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2014-07-31"/><value value-date="2014-07-31">-305</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2014</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2014-07-31"/><value value-date="2014-07-31">-403891</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2014</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2015-01-31"/><value value-date="2015-01-31">-27106</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2015-01-31"/><value value-date="2015-01-31">-368961</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2015</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2015-07-31"/><value value-date="2015-07-31">-360584</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2015</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2015-07-31"/><value value-date="2015-07-31">-46819</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2016-01-31"/><value value-date="2016-01-31">-356954</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2016</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2016-01-31"/><value value-date="2016-01-31">-60586</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2016-07-31"/><value value-date="2016-07-31">-359629</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2016</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2016-07-31"/><value value-date="2016-07-31">-100219</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-01-31"/><value value-date="2017-01-31">-348620</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2017</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-01-31"/><value value-date="2017-01-31">-141386</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-07-31"/><value value-date="2017-07-31">-336429</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2017</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-07-31"/><value value-date="2017-07-31">-174484</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-01-31"/><value value-date="2018-01-31">-358140</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2018</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-01-31"/><value value-date="2018-01-31">-202883</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-07-31"/><value value-date="2018-07-31">-359705</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2018</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-07-31"/><value value-date="2018-07-31">-275224</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-01-31"/><value value-date="2019-01-31">-309557</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2019</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-01-31"/><value value-date="2019-01-31">-426158</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-07-31"/><value value-date="2019-07-31">-308949</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2019</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-07-31"/><value value-date="2019-07-31">-470783</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-01-31"/><value value-date="2020-01-31">-283201</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2020</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-01-31"/><value value-date="2020-01-31">-376656</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-07-31"/><value value-date="2020-07-31">-266380</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2020</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-07-31"/><value value-date="2020-07-31">-310909</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-01-31"/><value value-date="2021-01-31">-289374</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2021</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-01-31"/><value value-date="2021-01-31">-128195</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-07-31"/><value value-date="2021-07-31">-117617</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-07-31"/><value value-date="2021-07-31">-286037</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2021</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-01-31"/><value value-date="2022-01-31">-262607</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2022</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-01-31"/><value value-date="2022-01-31">-108473</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-07-31"/><value value-date="2022-07-31">-242138</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2022</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-07-31"/><value value-date="2022-07-31">-138091</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-01-31"/><value value-date="2023-01-31">-508974</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-01-31"/><value value-date="2023-01-31">-204153</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2023</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-07-31"/><value value-date="2023-07-31">-247003</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2023</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-07-31"/><value value-date="2023-07-31">-648705</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-01-31"/><value value-date="2024-01-31">-717291</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-01-31"/><value value-date="2024-01-31">-214630</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2024</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-07-31"/><value value-date="2024-07-31">-205744</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2024</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-07-31"/><value value-date="2024-07-31">-690323</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-01-31"/><value value-date="2025-01-31">-630352</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-01-31"/><value value-date="2025-01-31">-188701</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2025</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-07-31"/><value value-date="2025-07-31">-165442</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2025</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-07-31"/><value value-date="2025-07-31">-532974</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2026-01-31"/><value value-date="2026-01-31">-502394</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2026-01-31"/><value value-date="2026-01-31">-186666</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2026</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2017-07-31"/><value value-date="2017-07-31">-1183846</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2017</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2018-01-31"/><value value-date="2018-01-31">-1220014</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2018</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2018-07-31"/><value value-date="2018-07-31">-1193646</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2018</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2019-01-31"/><value value-date="2019-01-31">-1187967</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2019</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2019-07-31"/><value value-date="2019-07-31">-1140368</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2019</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2020-01-31"/><value value-date="2020-01-31">-1137667</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2020</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2020-07-31"/><value value-date="2020-07-31">-572507</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2020</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2021-01-31"/><value value-date="2021-01-31">-593103</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2021</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2021-07-31"/><value value-date="2021-07-31">-586589</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2021</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2022-01-31"/><value value-date="2022-01-31">-579721</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2022</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2022-07-31"/><value value-date="2022-07-31">-1078250</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2022</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2022-07-31"/><value value-date="2022-07-31">-803097</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2023-01-31"/><value value-date="2023-01-31">-1110450</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2023</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2023-01-31"/><value value-date="2023-01-31">-803097</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2023-07-31"/><value value-date="2023-07-31">-803097</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2023-07-31"/><value value-date="2023-07-31">-1115473</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2023</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2024-01-31"/><value value-date="2024-01-31">-1100271</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2024</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2024-01-31"/><value value-date="2024-01-31">-803097</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2024-07-31"/><value value-date="2024-07-31">-803097</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2024-07-31"/><value value-date="2024-07-31">-1093032</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2024</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2025-01-31"/><value value-date="2025-01-31">-1068713</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2025</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2025-01-31"/><value value-date="2025-01-31">-803097</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2025-07-31"/><value value-date="2025-07-31">-803097</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2025-07-31"/><value value-date="2025-07-31">-1126533</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2025</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2026-01-31"/><value value-date="2026-01-31">-1123363</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2026</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2026-01-31"/><value value-date="2026-01-31">-803097</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-4548"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P122204"><title xml:lang="en"><narrative>Contract Awards</narrative></title><category code="A11" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-detail/P122204?lang=en"><title xml:lang="en"><narrative>Project URL</narrative></title><category code="A12" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P122204"><title xml:lang="en"><narrative>Procurement Notices</narrative></title><category code="A10" /></document-link><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Implementing pilot alternative contracting methodology
</narrative></title>
<baseline year="2012" iso-date="2012-03-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-03-31" />
<period-end iso-date="1900-01-01"/>
<target value="">
<comment><narrative>
&lt;p&amp;gt;Two alternative contracting methods were implemented, design-build, and OPRC, thereby achieving the target.&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="2.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Direct project beneficiaries
</narrative></title>
<baseline year="2012" iso-date="2012-03-31" value="150338.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-03-31" />
<period-end iso-date="1900-01-01"/>
<target value="">
<comment><narrative>
&lt;p&amp;gt;The number of direct project beneficiaries was less than anticipated at entry due to the reduction in the length of roads covered by the OPRC pilot. The percentage of female beneficiaries remained unchanged based on national census data.&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="122042.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Average decrease in travel time
</narrative></title>
<baseline year="2012" iso-date="2012-03-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-03-31" />
<period-end iso-date="2015-07-09" />
<target value="44.00">
<comment><narrative>
&lt;p&amp;gt;This target was revised upwards and achieved based on the average car journey time along the 19 rehabilitated roads.&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="44.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Roads rehabilitated, Rural
</narrative></title>
<baseline year="2012" iso-date="2012-03-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-03-31" />
<period-end iso-date="2015-07-09" />
<target value="200.50">
<comment><narrative>
&lt;p&amp;gt;The revised target was achieved. All 19 of the roads selected roads were rehabilitated so the length of road added as a contingency in the original target was not needed.&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="200.60">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Roads in good and fair condition as a share of total classified roads
</narrative></title>
<baseline year="2012" iso-date="2012-03-31" value="30.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-03-31" />
<period-end iso-date="1900-01-01"/>
<target value="">
<comment><narrative>
&lt;p&amp;gt;This target for roads in good and fair condition was achieved, although the target and result only took account of the impact of secondary roads rehabilitated by the project. If improvements made through all IFI and state-funded projects are considered, the RD reports 66 percent of all secondary roads are now in good or fair condition.&lt;/p&amp;gt;

&lt;p&amp;gt;The size of the total classified network remaied the same so the subsidiary target was achieved.&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="34.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of safety audits conducted
</narrative></title>
<baseline year="2012" iso-date="2012-03-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-03-31" />
<period-end iso-date="2015-07-09" />
<target value="20.00">
<comment><narrative>
&lt;p&amp;gt;This target was revised upwards and achieved as the capacity of the Road&amp;rsquo;s Department to undertake this task strengthened.&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="20.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Roads managed under alternative contracting methodology
</narrative></title>
<baseline year="2012" iso-date="2012-03-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-03-31" />
<period-end iso-date="1900-01-01"/>
<target value="137.00">
<comment><narrative>
&lt;p&amp;gt;The revised target was achieved although the&lt;strong&amp;gt; &lt;/strong&amp;gt;Result of 135.27 km is slightly less than the revised end target (137 km) due to a shorter length of road being included in the OPRC bidding documents than anticipated at restructuring. The total comprises 18.27 km under design-build contracts and 117.0 km under OPRC. The original target was revised downwards to reduce cost.&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="135.27">

</actual>
</period>
</indicator>
</result></iati-activity><iati-activity xml:lang="en" default-currency="USD" last-updated-datetime="2026-09-26T22:16:57" hierarchy="1"><iati-identifier>44000-P126033</iati-identifier><reporting-org ref="44000" type="40"><narrative  xml:lang="en">World Bank</narrative></reporting-org><title xml:lang="en"><narrative>Regional Development Project</narrative></title><description type="2" xml:lang="en"><narrative><![CDATA[The Project Development Objective is to improve infrastructure services and institutional capacity to support the development of tourism-based economy and cultural heritage circuits in the Kakheti region]]></narrative></description><description type="1" xml:lang="en"><narrative><![CDATA[The objective of the Regional Development Project for Georgia is to improve infrastructure services and institutional capacity to support the development of tourism-based economy and cultural heritage circuits in the Kakheti region. There are two components to the project, the first component being Infrastructure Investment. This component includes two subcomponents: 1) provision of financial resources to local-self governments (LSGs) to carry out Investment subprojects for the following activities: urban regeneration; and tourism circuit development; and 2) provision of financial resources to LSGs to carry out Investment Subprojects for public infrastructure to attract private sector investments in tourism and agro-processing. Finally, the second component is the institutional development. This component will enhance the institutional capacity and performance of the Georgia National Tourism Administration (GNTA), the Agency for Culture Heritage Preservation of Georgia (ACHP), the Project Implementing Entity (MDF), and other local and regional entities to carry out the following activities: destination management and promotion, including local outreach campaign; geo-tourism routes and tourism portal; skilled workforce development and capacity building; construction supervision and sustainable site management of cultural heritage; and performance monitoring and evaluation activities.]]></narrative></description><participating-org role="1" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org><participating-org role="2" xml:lang="en" ref="GE–P0006289"><narrative>Ministry of Finance</narrative></participating-org><participating-org role="3" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org><participating-org role="4" xml:lang="en" ref="GE-COA-0006288"><narrative>Georgia Municipal Development Fund</narrative></participating-org>
<activity-status code="3" /><activity-date type="1" iso-date="2012-02-28"><narrative>Planned start date of the activity</narrative></activity-date><activity-date type="2" iso-date="2012-03-20"><narrative>Actual start date of the activity</narrative></activity-date><activity-date type="3" iso-date="2017-12-31"><narrative>Planned end date of the activity</narrative></activity-date><activity-date type="4" iso-date="2017-12-31"><narrative>Actual end date of the activity</narrative></activity-date><contact-info type="1"><organisation><narrative>The World Bank</narrative></organisation><person-name><narrative>Rosanna Nitti</narrative></person-name><telephone>+1-202-473-1000</telephone><email>rnitti@worldbank.org</email><email>pic@worldbank.org</email><mailing-address><narrative>The World Bank, 1818 H Street, NW, Washington, DC 20433 USA</narrative></mailing-address></contact-info>



<recipient-country code="GE" percentage="100"><narrative xml:lang="en">GEORGIA</narrative></recipient-country><location>
            <location-reach code="1" />
            <location-id vocabulary="G1" code="0000865537" />
            <name><narrative>Kakheti</narrative></name>
            <point srsName="http://www.opengis.net/def/crs/EPSG/0/4326">
            <pos>41.75 45.716671</pos>
            </point>
            <exactness code="2"/>
            <location-class code="1" />
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<period-start iso-date="2012-01-01"/>
<period-end iso-date="2012-01-31"/>
<value currency="USD" value-date="2012-01-31">2500000.00</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2012-02-01"/>
<period-end iso-date="2012-02-29"/>
<value currency="USD" value-date="2012-02-29">2500000.00</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2012-03-01"/>
<period-end iso-date="2012-03-31"/>
<value currency="USD" value-date="2012-03-31">2500000.00</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2012-04-01"/>
<period-end iso-date="2012-04-30"/>
<value currency="USD" value-date="2012-04-30">2500000.00</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2012-05-01"/>
<period-end iso-date="2012-05-31"/>
<value currency="USD" value-date="2012-05-31">2500000.00</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2012-06-01"/>
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<value currency="USD" value-date="2012-06-30">2500000.00</value>
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<period-start iso-date="2012-07-01"/>
<period-end iso-date="2012-07-31"/>
<value currency="USD" value-date="2012-07-31">1666666.67</value>
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<value currency="USD" value-date="2012-08-31">1666666.67</value>
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<value currency="USD" value-date="2012-09-30">1666666.66</value>
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<value currency="USD" value-date="2012-10-31">1666666.67</value>
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<value currency="USD" value-date="2015-12-31">250000.00</value>
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<value currency="USD" value-date="2016-06-30">250000.00</value>
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<value currency="USD" value-date="2016-07-31">0.00</value>
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<period-start iso-date="2016-08-01"/>
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<value currency="USD" value-date="2016-08-31">0.00</value>
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<period-start iso-date="2016-09-01"/>
<period-end iso-date="2016-09-30"/>
<value currency="USD" value-date="2016-09-30">0.00</value>
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<period-start iso-date="2016-10-01"/>
<period-end iso-date="2016-10-31"/>
<value currency="USD" value-date="2016-10-31">0.00</value>
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<period-start iso-date="2016-11-01"/>
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<value currency="USD" value-date="2016-11-30">0.00</value>
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<value currency="USD" value-date="2016-12-31">0.00</value>
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<period-start iso-date="2017-01-01"/>
<period-end iso-date="2017-01-31"/>
<value currency="USD" value-date="2017-01-31">0.00</value>
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<period-start iso-date="2017-02-01"/>
<period-end iso-date="2017-02-28"/>
<value currency="USD" value-date="2017-02-28">0.00</value>
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<budget type="1" status="1">
<period-start iso-date="2017-03-01"/>
<period-end iso-date="2017-03-31"/>
<value currency="USD" value-date="2017-03-31">0.00</value>
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<budget type="1" status="1">
<period-start iso-date="2017-04-01"/>
<period-end iso-date="2017-04-30"/>
<value currency="USD" value-date="2017-04-30">0.00</value>
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<budget type="1" status="1">
<period-start iso-date="2017-05-01"/>
<period-end iso-date="2017-05-31"/>
<value currency="USD" value-date="2017-05-31">0.00</value>
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<budget type="1" status="1">
<period-start iso-date="2017-06-01"/>
<period-end iso-date="2017-06-30"/>
<value currency="USD" value-date="2017-06-30">0.00</value>
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<period-start iso-date="2012-01-01"/>
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<value currency="USD" value-date="2012-01-31">2500000.00</value>
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<budget type="2" status="1">
<period-start iso-date="2012-02-01"/>
<period-end iso-date="2012-02-29"/>
<value currency="USD" value-date="2012-02-29">2500000.00</value>
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<budget type="2" status="1">
<period-start iso-date="2012-03-01"/>
<period-end iso-date="2012-03-31"/>
<value currency="USD" value-date="2012-03-31">2500000.00</value>
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<budget type="2" status="1">
<period-start iso-date="2012-04-01"/>
<period-end iso-date="2012-04-30"/>
<value currency="USD" value-date="2012-04-30">2500000.00</value>
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<budget type="2" status="1">
<period-start iso-date="2012-05-01"/>
<period-end iso-date="2012-05-31"/>
<value currency="USD" value-date="2012-05-31">2500000.00</value>
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<budget type="2" status="1">
<period-start iso-date="2012-06-01"/>
<period-end iso-date="2012-06-30"/>
<value currency="USD" value-date="2012-06-30">2500000.00</value>
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<budget type="2" status="1">
<period-start iso-date="2012-07-01"/>
<period-end iso-date="2012-07-31"/>
<value currency="USD" value-date="2012-07-31">1666666.67</value>
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<budget type="2" status="1">
<period-start iso-date="2012-08-01"/>
<period-end iso-date="2012-08-31"/>
<value currency="USD" value-date="2012-08-31">1666666.67</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2012-09-01"/>
<period-end iso-date="2012-09-30"/>
<value currency="USD" value-date="2012-09-30">1666666.66</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2012-10-01"/>
<period-end iso-date="2012-10-31"/>
<value currency="USD" value-date="2012-10-31">1666666.67</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2012-11-01"/>
<period-end iso-date="2012-11-30"/>
<value currency="USD" value-date="2012-11-30">1666666.67</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2012-12-01"/>
<period-end iso-date="2012-12-31"/>
<value currency="USD" value-date="2012-12-31">1666666.66</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2013-01-01"/>
<period-end iso-date="2013-01-31"/>
<value currency="USD" value-date="2013-01-31">1666666.67</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2013-02-01"/>
<period-end iso-date="2013-02-28"/>
<value currency="USD" value-date="2013-02-28">1666666.67</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2013-03-01"/>
<period-end iso-date="2013-03-31"/>
<value currency="USD" value-date="2013-03-31">1666666.66</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2013-04-01"/>
<period-end iso-date="2013-04-30"/>
<value currency="USD" value-date="2013-04-30">1666666.67</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2013-05-01"/>
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<value currency="USD" value-date="2013-05-31">1666666.67</value>
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<budget type="2" status="1">
<period-start iso-date="2013-06-01"/>
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<value currency="USD" value-date="2013-06-30">1666666.66</value>
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<period-start iso-date="2013-07-01"/>
<period-end iso-date="2013-07-31"/>
<value currency="USD" value-date="2013-07-31">1250000.00</value>
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<period-start iso-date="2013-08-01"/>
<period-end iso-date="2013-08-31"/>
<value currency="USD" value-date="2013-08-31">1250000.00</value>
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<budget type="2" status="1">
<period-start iso-date="2013-09-01"/>
<period-end iso-date="2013-09-30"/>
<value currency="USD" value-date="2013-09-30">1250000.00</value>
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<budget type="2" status="1">
<period-start iso-date="2013-10-01"/>
<period-end iso-date="2013-10-31"/>
<value currency="USD" value-date="2013-10-31">1250000.00</value>
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<budget type="2" status="1">
<period-start iso-date="2013-11-01"/>
<period-end iso-date="2013-11-30"/>
<value currency="USD" value-date="2013-11-30">1250000.00</value>
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<budget type="2" status="1">
<period-start iso-date="2013-12-01"/>
<period-end iso-date="2013-12-31"/>
<value currency="USD" value-date="2013-12-31">1250000.00</value>
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<period-start iso-date="2014-01-01"/>
<period-end iso-date="2014-01-31"/>
<value currency="USD" value-date="2014-01-31">1250000.00</value>
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<budget type="2" status="1">
<period-start iso-date="2014-02-01"/>
<period-end iso-date="2014-02-28"/>
<value currency="USD" value-date="2014-02-28">1250000.00</value>
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<period-start iso-date="2014-03-01"/>
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<value currency="USD" value-date="2014-03-31">1250000.00</value>
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<period-start iso-date="2014-04-01"/>
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<value currency="USD" value-date="2014-04-30">1250000.00</value>
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<period-start iso-date="2014-05-01"/>
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<value currency="USD" value-date="2014-05-31">1250000.00</value>
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<period-start iso-date="2014-06-01"/>
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<value currency="USD" value-date="2014-06-30">1250000.00</value>
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<budget type="2" status="1">
<period-start iso-date="2014-07-01"/>
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<value currency="USD" value-date="2014-07-31">583333.33</value>
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<period-start iso-date="2014-08-01"/>
<period-end iso-date="2014-08-31"/>
<value currency="USD" value-date="2014-08-31">583333.33</value>
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<budget type="2" status="1">
<period-start iso-date="2014-09-01"/>
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<value currency="USD" value-date="2014-09-30">583333.34</value>
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<budget type="2" status="1">
<period-start iso-date="2014-10-01"/>
<period-end iso-date="2014-10-31"/>
<value currency="USD" value-date="2014-10-31">583333.33</value>
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<budget type="2" status="1">
<period-start iso-date="2014-11-01"/>
<period-end iso-date="2014-11-30"/>
<value currency="USD" value-date="2014-11-30">583333.33</value>
</budget>
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<period-start iso-date="2014-12-01"/>
<period-end iso-date="2014-12-31"/>
<value currency="USD" value-date="2014-12-31">583333.34</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2015-01-01"/>
<period-end iso-date="2015-01-31"/>
<value currency="USD" value-date="2015-01-31">583333.33</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2015-02-01"/>
<period-end iso-date="2015-02-28"/>
<value currency="USD" value-date="2015-02-28">583333.33</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2015-03-01"/>
<period-end iso-date="2015-03-31"/>
<value currency="USD" value-date="2015-03-31">583333.34</value>
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<period-start iso-date="2015-04-01"/>
<period-end iso-date="2015-04-30"/>
<value currency="USD" value-date="2015-04-30">583333.33</value>
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<budget type="2" status="1">
<period-start iso-date="2015-05-01"/>
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<value currency="USD" value-date="2015-05-31">583333.33</value>
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<budget type="2" status="1">
<period-start iso-date="2015-06-01"/>
<period-end iso-date="2015-06-30"/>
<value currency="USD" value-date="2015-06-30">583333.34</value>
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<budget type="2" status="1">
<period-start iso-date="2015-07-01"/>
<period-end iso-date="2015-07-31"/>
<value currency="USD" value-date="2015-07-31">250000.00</value>
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<period-start iso-date="2015-08-01"/>
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<value currency="USD" value-date="2015-08-31">250000.00</value>
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<budget type="2" status="1">
<period-start iso-date="2015-09-01"/>
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<value currency="USD" value-date="2015-09-30">250000.00</value>
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<budget type="2" status="1">
<period-start iso-date="2015-10-01"/>
<period-end iso-date="2015-10-31"/>
<value currency="USD" value-date="2015-10-31">250000.00</value>
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<period-start iso-date="2015-11-01"/>
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<value currency="USD" value-date="2015-11-30">250000.00</value>
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<value currency="USD" value-date="2015-12-31">250000.00</value>
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<period-start iso-date="2016-01-01"/>
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<value currency="USD" value-date="2016-01-31">250000.00</value>
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<value currency="USD" value-date="2016-02-29">250000.00</value>
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<period-start iso-date="2016-03-01"/>
<period-end iso-date="2016-03-31"/>
<value currency="USD" value-date="2016-03-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2016-04-01"/>
<period-end iso-date="2016-04-30"/>
<value currency="USD" value-date="2016-04-30">0.00</value>
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<budget type="2" status="1">
<period-start iso-date="2016-05-01"/>
<period-end iso-date="2016-05-31"/>
<value currency="USD" value-date="2016-05-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2016-06-01"/>
<period-end iso-date="2016-06-30"/>
<value currency="USD" value-date="2016-06-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2016-07-01"/>
<period-end iso-date="2016-07-31"/>
<value currency="USD" value-date="2016-07-31">0.00</value>
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<budget type="2" status="1">
<period-start iso-date="2016-08-01"/>
<period-end iso-date="2016-08-31"/>
<value currency="USD" value-date="2016-08-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2016-09-01"/>
<period-end iso-date="2016-09-30"/>
<value currency="USD" value-date="2016-09-30">0.00</value>
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<budget type="2" status="1">
<period-start iso-date="2016-10-01"/>
<period-end iso-date="2016-10-31"/>
<value currency="USD" value-date="2016-10-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2016-11-01"/>
<period-end iso-date="2016-11-30"/>
<value currency="USD" value-date="2016-11-30">0.00</value>
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<budget type="2" status="1">
<period-start iso-date="2016-12-01"/>
<period-end iso-date="2016-12-31"/>
<value currency="USD" value-date="2016-12-31">0.00</value>
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<budget type="2" status="1">
<period-start iso-date="2017-01-01"/>
<period-end iso-date="2017-01-31"/>
<value currency="USD" value-date="2017-01-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2017-02-01"/>
<period-end iso-date="2017-02-28"/>
<value currency="USD" value-date="2017-02-28">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2017-03-01"/>
<period-end iso-date="2017-03-31"/>
<value currency="USD" value-date="2017-03-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2017-04-01"/>
<period-end iso-date="2017-04-30"/>
<value currency="USD" value-date="2017-04-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2017-05-01"/>
<period-end iso-date="2017-05-31"/>
<value currency="USD" value-date="2017-05-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2017-06-01"/>
<period-end iso-date="2017-06-30"/>
<value currency="USD" value-date="2017-06-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2016-12-01"/>
<period-end iso-date="2017-12-31"/>
<value currency="USD" value-date="2017-12-31">2733257.23</value>
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<budget type="1" status="1">
<period-start iso-date="2016-12-01"/>
<period-end iso-date="2017-12-31"/>
<value currency="USD" value-date="2017-12-31">2733257.23</value>
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<capital-spend percentage="100" /><transaction><transaction-type code="2" /><transaction-date iso-date="2012-03-31"/><value value-date="2012-03-31">60000000</value><description xml:lang="en"><narrative>Total Commitment in March Month of 2012</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="2" /><transaction-date iso-date="2018-07-31"/><value value-date="2018-07-31">-2733257</value><description xml:lang="en"><narrative>Total Commitment Cancellations in July Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2012-05-31"/><value value-date="2012-05-31">150000</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2012</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2012-06-30"/><value value-date="2012-06-30">17077715</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2012</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2012-07-31"/><value value-date="2012-07-31">8869448</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2012</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2012-08-31"/><value value-date="2012-08-31">3763994</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2012</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2012-09-30"/><value value-date="2012-09-30">3950388</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2012</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2012-10-31"/><value value-date="2012-10-31">6692297</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2012</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2013-03-31"/><value value-date="2013-03-31">3452232</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2013</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2013-08-31"/><value value-date="2013-08-31">1798367</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2013</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2013-12-31"/><value value-date="2013-12-31">3266828</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2013</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2014-07-31"/><value value-date="2014-07-31">1563623</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2014</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2014-11-30"/><value value-date="2014-11-30">1789621</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2014</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2015-02-28"/><value value-date="2015-02-28">1250350</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2015-08-31"/><value value-date="2015-08-31">896194</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2015-12-31"/><value value-date="2015-12-31">1786770</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-08-31"/><value value-date="2016-08-31">1590830</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-11-30"/><value value-date="2016-11-30">1502050</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2017-12-31"/><value value-date="2017-12-31">93402</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2018-03-31"/><value value-date="2018-03-31">177624</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2018-06-30"/><value value-date="2018-06-30">-2404990</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2012-05-31"/><value value-date="2012-05-31">-150000</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2012</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2013-01-31"/><value value-date="2013-01-31">-232996</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2013</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2013-07-31"/><value value-date="2013-07-31">-205625</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2013</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2014-01-31"/><value value-date="2014-01-31">-202064</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2014</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2014-07-31"/><value value-date="2014-07-31">-202402</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2014</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2015-01-31"/><value value-date="2015-01-31">-217233</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2015-07-31"/><value value-date="2015-07-31">-238627</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2016-01-31"/><value value-date="2016-01-31">-280570</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2016-07-31"/><value value-date="2016-07-31">-408578</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-01-31"/><value value-date="2017-01-31">-473707</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-07-31"/><value value-date="2017-07-31">-588348</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-01-31"/><value value-date="2018-01-31">-640604</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-07-31"/><value value-date="2018-07-31">-753536</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-01-31"/><value value-date="2019-01-31">-936629</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-07-31"/><value value-date="2019-07-31">-1025011</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-01-31"/><value value-date="2020-01-31">-848820</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-07-31"/><value value-date="2020-07-31">-738264</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-01-31"/><value value-date="2021-01-31">-304405</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-07-31"/><value value-date="2021-07-31">-279287</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-01-31"/><value value-date="2022-01-31">-257573</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-07-31"/><value value-date="2022-07-31">-327902</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-01-31"/><value value-date="2023-01-31">-1208576</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-07-31"/><value value-date="2023-07-31">-1540372</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-01-31"/><value value-date="2024-01-31">-1703233</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-07-31"/><value value-date="2024-07-31">-1639196</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-01-31"/><value value-date="2025-01-31">-1496794</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-07-31"/><value value-date="2025-07-31">-1265565</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2026-01-31"/><value value-date="2026-01-31">-1192953</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2022-07-31"/><value value-date="2022-07-31">-1906983</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2023-01-31"/><value value-date="2023-01-31">-1906983</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2023-07-31"/><value value-date="2023-07-31">-1906983</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2024-01-31"/><value value-date="2024-01-31">-1906983</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2024-07-31"/><value value-date="2024-07-31">-1906983</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2025-01-31"/><value value-date="2025-01-31">-1906983</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2025-07-31"/><value value-date="2025-07-31">-1906983</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2026-01-31"/><value value-date="2026-01-31">-1906983</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-6288"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P126033"><title xml:lang="en"><narrative>Contract Awards</narrative></title><category code="A11" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-detail/P126033?lang=en"><title xml:lang="en"><narrative>Project URL</narrative></title><category code="A12" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P126033"><title xml:lang="en"><narrative>Procurement Notices</narrative></title><category code="A10" /></document-link><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Piped household water connections that are benefiting from rehabilitation works undertaken by the project
</narrative></title>
<baseline year="2012" iso-date="2012-05-30" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-05-30" />
<period-end iso-date="2017-12-31" />
<target value="500.00">

</target>
<actual value="907.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Production/Distribution of new maps based on geotourism database
</narrative></title>
<baseline year="2012" iso-date="2012-05-30" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-05-30" />
<period-end iso-date="1900-01-01"/>
<target value="">
<comment><narrative>
The indicator revised since the last ICR to reflect the original target. Only maps printed in 2013 when the original database was maintained are included. Many more maps have been printed since.
</narrative></comment>
</target>
<actual value="21,049">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of buildings restored in Telavi, Kvareli and Dartlo
</narrative></title>
<baseline year="2012" iso-date="2012-05-30" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-05-30" />
<period-end iso-date="2017-12-31" />
<target value="150.00">

</target>
<actual value="217.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of established and operating of destination management offices
</narrative></title>
<baseline year="2012" iso-date="2012-05-30" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-05-30" />
<period-end iso-date="2017-12-31" />
<target value="1">
<comment><narrative>
The target was revised from &quot;3&quot; to &quot;1&quot; in the 2017 restructuring. This reflected a decision of GoG confirmed by the Bank team that there is no need for 3 separate DMO organizations in Kakheti, that will likely duplicate the functions.
</narrative></comment>
</target>
<actual value="1">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Production/Distribution of new maps based on geotourism database
</narrative></title>
<baseline year="2012" iso-date="2012-05-30" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-05-30" />
<period-end iso-date="2017-12-31" />
<target value="10,000.00">
<comment><narrative>
Only map production in 2016 is included
</narrative></comment>
</target>
<actual value="19,449.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of redeveloped culture heritage sites along the the tourist circuit
</narrative></title>
<baseline year="2012" iso-date="2012-05-30" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-05-30" />
<period-end iso-date="2017-12-31" />
<target value="11.00">

</target>
<actual value="11.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Roads constructed and rehabilitated
</narrative></title>
<baseline year="2012" iso-date="2012-05-30" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-05-30" />
<period-end iso-date="2017-12-31" />
<target value="20 KM">
<comment><narrative>
The indicator was introduced during the 2017 restructuring in place of the roads indicator that was judged as irrelevant based on feedback from the M&amp;E consultant and implementation review
</narrative></comment>
</target>
<actual value="26.3 KM">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of redeveloped culture heritage sites along the the tourist circuit
</narrative></title>
<baseline year="2012" iso-date="2012-05-30" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-05-30" />
<period-end iso-date="2017-12-31" />
<target value="11.00">

</target>
<actual value="11.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Reduce weighted average vehicle operating cost due to improved urban roads
</narrative></title>
<baseline year="2012" iso-date="2012-05-30" value="100.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-05-30" />
<period-end iso-date="2017-12-31" />
<target value="75.00">

</target>
<actual value="71.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of established and operating of destination management offices
</narrative></title>
<baseline year="2012" iso-date="2012-05-30" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-05-30" />
<period-end iso-date="2017-12-31" />
<target value="1.00">

</target>
<actual value="1.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of private investment proposals approved
</narrative></title>
<baseline year="2012" iso-date="2012-05-30" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-05-30" />
<period-end iso-date="2017-12-31" />
<target value="10.00">

</target>
<actual value="11.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Increase points of sales (tickets, souvenirs shops, restaurants, hotels, guesthouse and family houses) in renovated culture heritage sites and cities
</narrative></title>
<baseline year="2012" iso-date="2012-05-30" value="248.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-05-30" />
<period-end iso-date="2017-12-31" />
<target value="323.00">

</target>
<actual value="337.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Female beneficiaries
</narrative></title>
<baseline year="2012" iso-date="2012-05-30" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-05-30" />
<period-end iso-date="1900-01-01"/>
<target value="">
<comment><narrative>
All temporary construction jobs are assumed to be filled my men, while for other categories of beneficiaries a 47% women share is used for calculation.
</narrative></comment>
</target>
<actual value="16,867.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of established and operating of destination management offices
</narrative></title>
<baseline year="2012" iso-date="2012-05-30" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-05-30" />
<period-end iso-date="2017-12-31" />
<target value="1.00">
<comment><narrative>
The Kaheti DMO has been established on the basis of Kaheti Regional Development Agency, the head of the agency has been appointed, the office have been allocated and furniture and equipment has been purchased, staffing of the agency is uner way and will be complete by March 2018.
</narrative></comment>
</target>
<actual value="1.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Increase number of hotel beds in circuit route areas
</narrative></title>
<baseline year="2012" iso-date="2012-05-30" value="1,610.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-05-30" />
<period-end iso-date="1900-01-01"/>
<target value="">
<comment><narrative>
The gain in indicator value was exceeded by over 500%. Attribution is discussed in detail in the Annex 2 of the ICR
</narrative></comment>
</target>
<actual value="3,588.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Reduce weighted average vehicle operating cost due to improved urban roads
</narrative></title>
<baseline year="2012" iso-date="2012-05-30" value="100"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-05-30" />
<period-end iso-date="1900-01-01"/>
<target value="">
<comment><narrative>
Indicator target value was exceeded. However the measurement indicator doesn't cover the full extend of the project areas, due to difficulty of data collection and evaluation.
</narrative></comment>
</target>
<actual value="71">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Increased (direct and indirect) volume of private sector investment
</narrative></title>
<baseline year="2012" iso-date="2012-05-30" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-05-30" />
<period-end iso-date="2017-11-30" />
<target value="The wording if the indicator was corrected during restructuring in 2017 to specify that the estimate includes both direct and indirect investments.">
<comment><narrative>
The final estimate of the indicator includes a) the investment directly leveraged by the project under component 1.2 ($19 mln) USD) b)indirectly leveraged investment ($41 mln)
</narrative></comment>
</target>
<actual value="61,000,000.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Increase number of hotel beds in circuit route areas
</narrative></title>
<baseline year="2012" iso-date="2012-05-30" value="1,610.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-05-30" />
<period-end iso-date="2017-12-31" />
<target value="1,932.00">

</target>
<actual value="3,016.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of buildings restored in Telavi, Kvareli and Dartlo
</narrative></title>
<baseline year="2012" iso-date="2012-05-30" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-05-30" />
<period-end iso-date="1900-01-01"/>
<target value="">
<comment><narrative>
Indicator exceeded by more than 35%
</narrative></comment>
</target>
<actual value="217">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Increase points of sales (tickets, souvenirs shops, restaurants, hotels, guesthouse and family houses) in renovated culture heritage sites and cities
</narrative></title>
<baseline year="2012" iso-date="2012-05-30" value="248"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-05-30" />
<period-end iso-date="1900-01-01"/>
<target value="">
<comment><narrative>
The indicator value was exceeded slightly. The data was collected through a physical audit and includes informal enterprises.
</narrative></comment>
</target>
<actual value="337">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of private investment proposals approved
</narrative></title>
<baseline year="2012" iso-date="2012-05-30" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-05-30" />
<period-end iso-date="2017-12-31" />
<target value="10.00">

</target>
<actual value="11.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Roads constructed and rehabilitated
</narrative></title>
<baseline year="2012" iso-date="2012-05-30" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-05-30" />
<period-end iso-date="2017-12-31" />
<target value="20.00">

</target>
<actual value="26.30">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Piped household water connections that are benefiting from rehabilitation works undertaken by the project
</narrative></title>
<baseline year="2012" iso-date="2012-05-30" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-05-30" />
<period-end iso-date="2017-12-31" />
<target value="500.00">

</target>
<actual value="907.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Piped household water connections that are benefiting from rehabilitation works undertaken by the project
</narrative></title>
<baseline year="2012" iso-date="2012-05-30" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-05-30" />
<period-end iso-date="1900-01-01"/>
<target value="">
<comment><narrative>
The target was exceeded by 80%. The estimate includes only households in Telavi and Kvareli.
</narrative></comment>
</target>
<actual value="907">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Production/Distribution of new maps based on geotourism database
</narrative></title>
<baseline year="2012" iso-date="2012-05-30" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-05-30" />
<period-end iso-date="2017-12-31" />
<target value="10000.00">

</target>
<actual value="19449.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Increase points of sales (tickets, souvenirs shops, restaurants, hotels, guesthouse and family houses) in renovated culture heritage sites and cities
</narrative></title>
<baseline year="2012" iso-date="2012-05-30" value="248.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-05-30" />
<period-end iso-date="2017-12-31" />
<target value="323.00">

</target>
<actual value="337.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Increase number of hotel beds in circuit route areas
</narrative></title>
<baseline year="2012" iso-date="2012-05-30" value="1610.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-05-30" />
<period-end iso-date="2017-12-31" />
<target value="1932.00">

</target>
<actual value="3016.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of private investment proposals approved
</narrative></title>
<baseline year="2012" iso-date="2012-05-30" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-05-30" />
<period-end iso-date="1900-01-01"/>
<target value="">
<comment><narrative>
The value indicator was exceeded by 10%
</narrative></comment>
</target>
<actual value="11">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Direct project beneficiaries
</narrative></title>
<baseline year="2012" iso-date="2012-05-30" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-05-30" />
<period-end iso-date="1900-01-01"/>
<target value="">
<comment><narrative>
Value of the indicator induces only local population including: temporary and permanent jobs created, residents of reconstructed homes, direct beneficiaries of road, water and park improvements.
</narrative></comment>
</target>
<actual value="32,319.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Reduce weighted average vehicle operating cost due to improved urban roads
</narrative></title>
<baseline year="2012" iso-date="2012-05-30" value="100.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-05-30" />
<period-end iso-date="2017-12-31" />
<target value="75.00">

</target>
<actual value="71.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Roads constructed and rehabilitated
</narrative></title>
<baseline year="2012" iso-date="2012-05-30" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-05-30" />
<period-end iso-date="2017-12-31" />
<target value="20.00">

</target>
<actual value="26.30">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Increased (direct and indirect) volume of private sector investment
</narrative></title>
<baseline year="2012" iso-date="2012-05-30" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-05-30" />
<period-end iso-date="2017-12-31" />
<target value="50,000,000.00">

</target>
<actual value="61,000,000.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Increased (direct and indirect) volume of private sector investment
</narrative></title>
<baseline year="2012" iso-date="2012-05-30" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-05-30" />
<period-end iso-date="2017-12-31" />
<target value="50000000.00">

</target>
<actual value="61000000.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of buildings restored in Telavi, Kvareli and Dartlo
</narrative></title>
<baseline year="2012" iso-date="2012-05-30" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-05-30" />
<period-end iso-date="2017-12-31" />
<target value="150.00">

</target>
<actual value="217.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Direct project beneficiaries
</narrative></title>
<baseline year="2012" iso-date="2012-05-30" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-05-30" />
<period-end iso-date="2017-12-31" />
<target value="30,800.00">
<comment><narrative>
The methodoogy for calculation of beneficiaries has been revised to more accurately capture the impact of the project.&amp;nbsp;This is the reason for a significant drop in the indicator.&amp;nbsp;The previous methodology included all residents of Telavi and Kvareli.he new methodology more clearly defines the local population directly benefiting from project interventions. It includes the following categories of beneficiaries:


 temporary employees in construction supported by the project
 permanent employees in private sector&amp;nbsp;investments supported by the project
 residents benefiting from house restoration
 residents benefiting from water system restorations
 residents living within 500meter&amp;nbsp;of rehabilitated roads
 residents living within 1500 meters of rehabilitated Akhtala park
 skills training participants
</narrative></comment>
</target>
<actual value="32,319.00">

</actual>
</period>
</indicator>
</result></iati-activity><iati-activity xml:lang="en" default-currency="USD" last-updated-datetime="2026-09-26T22:16:57" hierarchy="1"><iati-identifier>44000-P129597</iati-identifier><reporting-org ref="44000" type="40"><narrative  xml:lang="en">World Bank</narrative></reporting-org><title xml:lang="en"><narrative>First Competitiveness and Growth Development Policy Operation</narrative></title><description type="2" xml:lang="en"><narrative><![CDATA[The Program Development Objective is to support competitiveness and inclusive growth. This will be achieved by:(i) Improving competitiveness through efforts to enhance market access for exports and foreign investment, facilitate trade, strengthen the investment climate in the power sector, and modernize and build a high quality education system. These measures will support investment and exports as well as productivity increases needed for both capacity and job creation;(ii) Strengthening public financial management by improving accounting controls through the phased introduction of IPSAS and better coverage and transparency of the budget. The Government has already started expanding performance based budgeting to all levels of the Government. As part of the focus on results andquality of spending, the measures under the proposed CG DPO series will support better accountability, coverage, and transparency of the budget;  and(iii) Enhancing the effectiveness of social spending by strengthening social safety nets through improved qualityof and access to health services and efficiency of the targeted social assistance program. The measures under this pillar will support the enforcement of upgraded quality standards in hospitals and laboratories and will also support wider access to health care services through an expansion in state-funded insurance. In addition, the efficiency of administration of the targeted programs will be improved to ensure that applicants to both the Targeted Social Assistance and the Medical Insurance Program face smaller processing times before receiving benefits.]]></narrative></description><description type="1" xml:lang="en"><narrative><![CDATA[The development objective of the First Competitiveness and Growth Development Policy Operation (CG DPO) Program for Georgia is to support competitiveness and inclusive growth. The competitiveness and growth operation CG DPO is a programmatic development policy operation for Georgia. The CG DPO is in the amount of $60 million equivalent and supports measures aimed at facilitating competitiveness and inclusive growth. The DPO series is a central component of the Country Partnership Strategy (CPS) for 2010-13. The program outlined in the document was prepared following two years of post-crisis recovery, and at a time of strengthened focus on the competitiveness pillar of the CPS. The DPO series is anchored in the developmental objectives of the Government's 'ten point plan of modernization and employment.' The plan includes a wide range of policy and institutional reforms, several of which are under implementation. These include efforts to strengthen the electricity power sector and infrastructure, to position the country as a regional trade and logistics hub, and to intensify investment and export promotion. Modernization of agriculture, tourism, and regional development are also critical components of the Plan. The government's program combines broad-based reforms with targeted sectoral efforts aimed at achieving sustained high and inclusive growth. The CG DPO series supports the Government's reforms that are critical to the achievement of competitiveness and inclusive growth. The series supports an adequate macroeconomic framework and policy measures under three pillars: (i) competitiveness; (ii) public financial management; and (iii) effectiveness of social spending. These pillars are consistent with and build upon previous policy lending to Georgia. The strategy adopted by the Government is to promote a virtuous cycle of productivity improvements, higher investment and exports, to generate growth and employment, and adequate strengthen social safety nets.]]></narrative></description><participating-org role="1" ref="44002" type="40" xml:lang="en"><narrative>International Development Association</narrative></participating-org><participating-org role="2" xml:lang="en" ref="GE–P0008490"><narrative>Ministry of Finance</narrative></participating-org><participating-org role="3" ref="44002" type="40" xml:lang="en"><narrative>International Development Association</narrative></participating-org><participating-org role="4" xml:lang="en" ref="GE-COA-0008491"><narrative>Ministry of Finance</narrative></participating-org>
<activity-status code="3" /><activity-date type="1" iso-date="2012-07-26"><narrative>Planned start date of the activity</narrative></activity-date><activity-date type="2" iso-date="2012-07-19"><narrative>Actual start date of the activity</narrative></activity-date><activity-date type="3" iso-date="2013-03-31"><narrative>Planned end date of the activity</narrative></activity-date><activity-date type="4" iso-date="2013-03-31"><narrative>Actual end date of the activity</narrative></activity-date><contact-info type="1"><organisation><narrative>The World Bank</narrative></organisation><person-name><narrative>Rashmi Shankar</narrative></person-name><telephone>+1-202-473-1000</telephone><email>rshankar@worldbankgroup.org</email><email>pic@worldbank.org</email><mailing-address><narrative>The World Bank, 1818 H Street, NW, Washington, DC 20433 USA</narrative></mailing-address></contact-info>



<recipient-country code="GE" percentage="100"><narrative xml:lang="en">GEORGIA</narrative></recipient-country><location>
                <location-reach code="1" />
                <location-id vocabulary="G1" code="611717" />
                <name><narrative>Tbilisi</narrative></name>
                <point srsName="http://www.opengis.net/def/crs/EPSG/0/4326">
                <pos>41.69411 44.833679</pos>
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            </location><sector vocabulary="1" code="15117" percentage="25" xml:lang="en"/><sector vocabulary="1" code="33130" percentage="13" xml:lang="en"/><sector vocabulary="1" code="33120" percentage="13" xml:lang="en"/><sector vocabulary="1" code="11110" percentage="13" xml:lang="en"/><sector vocabulary="1" code="11130" percentage="12" xml:lang="en"/><sector vocabulary="1" code="12191" percentage="12" xml:lang="en"/><sector vocabulary="1" code="12110" percentage="12" xml:lang="en"/><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="BC" percentage="31.0000000" xml:lang="en"><narrative>FY17 - Central Government (Central Agencies)</narrative></sector><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="ET" percentage="13.0000000" xml:lang="en"><narrative>FY17 - Tertiary Education</narrative></sector><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="HG" percentage="25.0000000" xml:lang="en"><narrative>FY17 - Health</narrative></sector><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="YZ" percentage="18.0000000" xml:lang="en"><narrative>FY17 - Other Industry, Trade and Services</narrative></sector><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="EP" percentage="13.0000000" xml:lang="en"><narrative>FY17 - Primary Education</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000041" percentage="13" xml:lang="en"><narrative>Public Finance Management</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000063" percentage="25" xml:lang="en"><narrative>Health Systems and Policies</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000411" percentage="13" xml:lang="en"><narrative>Public Expenditure Management</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000043" percentage="13" xml:lang="en"><narrative>Public Administration</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000043" percentage="13" xml:lang="en"><narrative>Public Administration</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000065" percentage="26" xml:lang="en"><narrative>Education</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000631" percentage="25" xml:lang="en"><narrative>Health System Strengthening</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000014" percentage="25" xml:lang="en"><narrative>Trade</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000041" percentage="13" xml:lang="en"><narrative>Public Finance Management</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000043" percentage="13" xml:lang="en"><narrative>Public Administration</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000141" percentage="25" xml:lang="en"><narrative>Trade Facilitation</narrative></sector><collaboration-type code="2" /><default-aid-type code="A02" xml:lang="en"/><default-tied-status code="5" /><budget type="1" status="1">
<period-start iso-date="2013-03-01"/>
<period-end iso-date="2013-03-31"/>
<value currency="USD" value-date="2013-03-31">60000000.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2013-03-01"/>
<period-end iso-date="2013-03-31"/>
<value currency="USD" value-date="2013-03-31">60000000.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2013-03-01"/>
<period-end iso-date="2013-03-31"/>
<value currency="USD" value-date="2013-03-31">0.00</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2013-03-01"/>
<period-end iso-date="2013-03-31"/>
<value currency="USD" value-date="2013-03-31">0.00</value>
</budget>
<capital-spend percentage="0" /><transaction><transaction-type code="2" /><transaction-date iso-date="2012-07-31"/><value value-date="2012-07-31">60000000</value><description xml:lang="en"><narrative>Total Commitment in July Month of 2012</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-8491"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2012-08-31"/><value value-date="2012-08-31">60056608</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2012</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-8491"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2013-01-31"/><value value-date="2013-01-31">-525999</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2013</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-8491"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2013-07-31"/><value value-date="2013-07-31">-598064</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2013</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-8491"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2014-01-31"/><value value-date="2014-01-31">-611573</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2014</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-8491"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2014-07-31"/><value value-date="2014-07-31">-616463</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2014</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-8491"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2015-01-31"/><value value-date="2015-01-31">-569165</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2015</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-8491"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2015-07-31"/><value value-date="2015-07-31">-556253</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2015</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-8491"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2016-01-31"/><value value-date="2016-01-31">-550653</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2016</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-8491"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2016-07-31"/><value value-date="2016-07-31">-554780</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2016</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-8491"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-01-31"/><value value-date="2017-01-31">-537797</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2017</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-8491"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-07-31"/><value value-date="2017-07-31">-545403</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2017</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-8491"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-01-31"/><value value-date="2018-01-31">-544202</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2018</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-8491"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-07-31"/><value value-date="2018-07-31">-573196</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2018</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-8491"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-01-31"/><value value-date="2019-01-31">-495683</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2019</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-8491"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-07-31"/><value value-date="2019-07-31">-515323</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2019</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-8491"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-01-31"/><value value-date="2020-01-31">-469755</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2020</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-8491"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-07-31"/><value value-date="2020-07-31">-442780</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2020</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-8491"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-01-31"/><value value-date="2021-01-31">-480574</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2021</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-8491"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-07-31"/><value value-date="2021-07-31">-475170</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2021</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-8491"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-01-31"/><value value-date="2022-01-31">-437271</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2022</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-8491"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-07-31"/><value value-date="2022-07-31">-403407</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2022</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-8491"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-01-31"/><value value-date="2023-01-31">-342878</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2023</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-8491"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-07-31"/><value value-date="2023-07-31">-411991</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2023</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-8491"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-01-31"/><value value-date="2024-01-31">-359880</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2024</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-8491"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-07-31"/><value value-date="2024-07-31">-345639</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2024</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-8491"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-01-31"/><value value-date="2025-01-31">-318045</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2025</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-8491"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-07-31"/><value value-date="2025-07-31">-281572</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2025</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-8491"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2026-01-31"/><value value-date="2026-01-31">-315822</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2026</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-8491"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2018-01-31"/><value value-date="2018-01-31">-1882037</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2018</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-8491"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2018-07-31"/><value value-date="2018-07-31">-1841374</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2018</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-8491"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2019-01-31"/><value value-date="2019-01-31">-1832613</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2019</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-8491"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2019-07-31"/><value value-date="2019-07-31">-1818718</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2019</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-8491"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2020-01-31"/><value value-date="2020-01-31">-1814410</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2020</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-8491"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2020-07-31"/><value value-date="2020-07-31">-913063</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2020</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-8491"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2021-01-31"/><value value-date="2021-01-31">-945911</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2021</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-8491"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2021-07-31"/><value value-date="2021-07-31">-935522</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2021</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-8491"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2022-01-31"/><value value-date="2022-01-31">-924568</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2022</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-8491"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2022-07-31"/><value value-date="2022-07-31">-1719648</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2022</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-8491"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2023-01-31"/><value value-date="2023-01-31">-1771002</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2023</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-8491"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2023-07-31"/><value value-date="2023-07-31">-1779013</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2023</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-8491"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2024-01-31"/><value value-date="2024-01-31">-1754768</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2024</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-8491"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
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<transaction><transaction-type code="6" /><transaction-date iso-date="2026-01-31"/><value value-date="2026-01-31">-1791596</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2026</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-8491"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P129597"><title xml:lang="en"><narrative>Contract Awards</narrative></title><category code="A11" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-detail/P129597?lang=en"><title xml:lang="en"><narrative>Project URL</narrative></title><category code="A12" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P129597"><title xml:lang="en"><narrative>Procurement Notices</narrative></title><category code="A10" /></document-link><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Trade with EU as a percent of GDP
</narrative></title>
<baseline year="2012" iso-date="2012-07-19" value="17.00"><comment><narrative>Outcome indicator for trade</narrative></comment></baseline>
<period>
<period-start iso-date="2012-07-19" />
<period-end iso-date="2014-07-31" />
<target value="22.00">

</target>
<actual value="17.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Learning assessment score
</narrative></title>
<baseline year="1900" iso-date="1900-01-01" value="0.00"><comment><narrative>In 2009, 44 percent scored above average in Georgian (54 percent of girls and 35 percent of boys) and 45 percent scored aboveaverage in mathematics (46 percent of girls and 45 percent of boys).</narrative></comment></baseline>
<period>
<period-start iso-date="1900-01-01" />
<period-end iso-date="1900-01-01"/>
<target value="0.00">
<comment><narrative>
By CY2014, improvement is recorded.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
MIP coverage
</narrative></title>
<baseline year="2012" iso-date="2012-07-02" value="21.00"><comment><narrative>Coverage of the Governments Medical Insurance Plan increased to 35 percent, an increase of about 600,000 persons.</narrative></comment></baseline>
<period>
<period-start iso-date="2012-07-02" />
<period-end iso-date="2014-07-01" />
<target value="35.00">

</target>
<actual value="31.00">

</actual>
</period>
</indicator>
</result></iati-activity><iati-activity xml:lang="en" default-currency="USD" last-updated-datetime="2026-09-26T22:16:57" hierarchy="1"><iati-identifier>44000-P130413</iati-identifier><reporting-org ref="44000" type="40"><narrative  xml:lang="en">World Bank</narrative></reporting-org><title xml:lang="en"><narrative>Fourth East West Highway Improvement Project</narrative></title><description type="2" xml:lang="en"><narrative><![CDATA[The PDOs are: (i) to contribute to the gradual reduction of road transport costs and to improve road safety along the section upgraded under the project; and (ii) to strengthen the capacity of the Roads Department (RD) and Ministry of Regional Development and Infrastructure (MRDI) to plan and manage the road network and improve road traffic safety.]]></narrative></description><description type="1" xml:lang="en"><narrative><![CDATA[The development objectives of the Fourth East West Highway Improvement Project for Georgia are: (i) to contribute to the gradual reduction of road transport costs and to improve road safety along the section upgraded under the project; and (ii) to strengthen the capacity of the Roads Department (RD) and the Ministry of Regional Development and Infrastructure (MRDI) to plan and manage the road network and improve road traffic safety. The project has four components. The first component is improvement and asset management of the East-West highway. It has following five sub-components: (i) upgrading of existing East-West highway through the construction of a 2-lane dual carriageway from Agara to Zemo Osiauri; (ii) maintenance of the E60 2-lane dual carriageway between Natakhtari and Ruisi; (iii) civil works to improve road safety and access roads on the existing East-West highway between Natakhtari and Ruisi (67km) and along the existing E60 alignment between Ruisi and Chumateleti (44km); (iv) environmental improvement measures along completed sections of the E60 highway between Natakhtari and Ruisi (67km); and (v) construction supervision and quality assurance services. The second component is institutional strengthening. This component provides for the financing of activities to further deepen institutional strengthening efforts being carried out under ongoing bank supported projects. The activities are as follows: (a) institutional strengthening of the MRDI to help the following activities: review and updating of road sector strategy, support to the MRDI to improve road safety management capacity, support to the MRDI to improve the operating environment for the local construction industry, and measures to improve manpower planning and development in MRDI; (b) institutional strengthening of the RD to help organizational efficiency improvement and manpower planning and development measures, and development of a strategic roadmap for the development and implementation of Intelligent Transport Systems (ITS) along the East West highway corridor, from Tbilisi to Turkish border. The third component is preparation of designs and supporting studies for future projects for the development of the East-West highway. This component will finance activities for the definition and design of civil works included in component A of the proposed project and preparatory studies for the future westward upgrading of the E60. The planned activities include: (1) study to define the scope of the maintenance interventions along some upgraded sections of the E60 2-lane dual carriageway e.g. Natakhtari to Ruisi (67 kilometers); (2) road safety improvement studies and designs; (3) update of feasibility studies and undertaking of preliminary engineering design of new Rikoti tunnel and 60km of highway between Chumateleti and Argveta; and (4) detailed design of the new tunnel at Rikoti, preparation of bidding documents and independent review of all technical and safety provisions. The fourth component is project management. This component had two sub-components: implementation support to RD; and financial audits and project monitoring and evaluation services.]]></narrative></description><participating-org role="1" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org><participating-org role="2" xml:lang="en" ref="GE–P0009030"><narrative>Ministry of Finance of Georgia</narrative></participating-org><participating-org role="2" xml:lang="en" ref="GE–P0009030"><narrative>Ministry of Finance of Georgia</narrative></participating-org><participating-org role="3" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org><participating-org role="1" ref="44002" type="40" xml:lang="en"><narrative>International Development Association</narrative></participating-org><participating-org role="3" ref="44002" type="40" xml:lang="en"><narrative>International Development Association</narrative></participating-org><participating-org role="4" xml:lang="en" ref="GE-COA-0009029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></participating-org>
<activity-status code="3" /><activity-date type="1" iso-date="2013-02-19"><narrative>Planned start date of the activity</narrative></activity-date><activity-date type="2" iso-date="2013-05-09"><narrative>Actual start date of the activity</narrative></activity-date><activity-date type="3" iso-date="2019-12-31"><narrative>Planned end date of the activity</narrative></activity-date><activity-date type="4" iso-date="2019-12-31"><narrative>Actual end date of the activity</narrative></activity-date><contact-info type="1"><organisation><narrative>The World Bank</narrative></organisation><person-name><narrative>Aymen Ahmed Osman Ali</narrative></person-name><telephone>+1-202-473-1000</telephone><email>aali15@worldbank.org</email><email>pic@worldbank.org</email><mailing-address><narrative>The World Bank, 1818 H Street, NW, Washington, DC 20433 USA</narrative></mailing-address></contact-info>





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        </location><location>
            <location-reach code="1" />
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            <name><narrative>Zemo Osiauri</narrative></name>
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        </location><location>
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            <name><narrative>Samtredia</narrative></name>
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            <pos>42.153702 42.335171</pos>
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            <pos>42.035648 43.95956</pos>
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            <exactness code="2"/>
            <location-class code="2" />
        </location><location>
            <location-reach code="1" />
            <location-id vocabulary="G1" code="0000612743" />
            <name><narrative>Natakhtari</narrative></name>
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            <pos>41.918892 44.729172</pos>
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            <location-class code="2" />
        </location><location>
            <location-reach code="1" />
            <location-id vocabulary="G1" code="0000613607" />
            <name><narrative>K'ut'aisi</narrative></name>
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            <pos>42.26791 42.694592</pos>
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            <location-class code="2" />
        </location><location>
            <location-reach code="1" />
            <location-id vocabulary="G1" code="0000613763" />
            <name><narrative>Kobuleti</narrative></name>
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            <pos>41.803162 41.874809</pos>
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            <location-class code="2" />
        </location><location>
            <location-reach code="1" />
            <location-id vocabulary="G1" code="0000615086" />
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            <pos>42.033329 43.549999</pos>
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            <exactness code="2"/>
            <location-class code="2" />
        </location><location>
            <location-reach code="1" />
            <location-id vocabulary="G1" code="0000615109" />
            <name><narrative>Choloki</narrative></name>
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            <pos>41.910999 41.769878</pos>
            </point>
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            <location-class code="4" />
        </location><location>
            <location-reach code="1" />
            <location-id vocabulary="G1" code="0000615692" />
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            <pos>42.139778 42.989201</pos>
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            <location-class code="2" />
        </location><location>
            <location-reach code="1" />
            <location-id vocabulary="G1" code="0000615937" />
            <name><narrative>Aghaiani</narrative></name>
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            <pos>41.914379 44.543179</pos>
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            <location-class code="2" />
        </location><location>
            <location-reach code="1" />
            <location-id vocabulary="G1" code="0000615943" />
            <name><narrative>Agara</narrative></name>
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            <pos>42.037609 43.823818</pos>
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            <location-class code="2" />
        </location><location>
            <location-reach code="1" />
            <location-id vocabulary="G1" code="0007668027" />
            <name><narrative>Rikoti Tunnel</narrative></name>
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            <pos>42.053291 43.49704</pos>
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            <exactness code="2"/>
            <location-class code="4" />
        </location><sector vocabulary="1" code="33120" percentage="49" xml:lang="en"/><sector vocabulary="1" code="21023" percentage="48" xml:lang="en"/><sector vocabulary="1" code="21012" percentage="3" xml:lang="en"/><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="TI" percentage="96.0000000" xml:lang="en"><narrative>FY17 - Rural and Inter-Urban Roads</narrative></sector><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="TF" percentage="4.00000000" xml:lang="en"><narrative>FY17 - Public Administration - Transportation</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000014" percentage="49" xml:lang="en"><narrative>Trade</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000432" percentage="3" xml:lang="en"><narrative>Transparency, Accountability and Good Governance</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000025" percentage="48" xml:lang="en"><narrative>Regional Integration</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000141" percentage="49" xml:lang="en"><narrative>Trade Facilitation</narrative></sector><collaboration-type code="2" /><default-aid-type code="C01" xml:lang="en"/><default-tied-status code="5" /><budget type="1" status="1">
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<period-start iso-date="2017-12-01"/>
<period-end iso-date="2017-12-31"/>
<value currency="USD" value-date="2017-12-31">0.00</value>
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<budget type="2" status="1">
<period-start iso-date="2018-01-01"/>
<period-end iso-date="2018-01-31"/>
<value currency="USD" value-date="2018-01-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2018-02-01"/>
<period-end iso-date="2018-02-28"/>
<value currency="USD" value-date="2018-02-28">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2018-03-01"/>
<period-end iso-date="2018-03-31"/>
<value currency="USD" value-date="2018-03-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2018-04-01"/>
<period-end iso-date="2018-04-30"/>
<value currency="USD" value-date="2018-04-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2018-05-01"/>
<period-end iso-date="2018-05-31"/>
<value currency="USD" value-date="2018-05-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2018-06-01"/>
<period-end iso-date="2018-06-30"/>
<value currency="USD" value-date="2018-06-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2018-07-01"/>
<period-end iso-date="2018-07-31"/>
<value currency="USD" value-date="2018-07-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2018-08-01"/>
<period-end iso-date="2018-08-31"/>
<value currency="USD" value-date="2018-08-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2018-09-01"/>
<period-end iso-date="2018-09-30"/>
<value currency="USD" value-date="2018-09-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2018-10-01"/>
<period-end iso-date="2018-10-31"/>
<value currency="USD" value-date="2018-10-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2018-11-01"/>
<period-end iso-date="2018-11-30"/>
<value currency="USD" value-date="2018-11-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2018-02-01"/>
<period-end iso-date="2019-12-31"/>
<value currency="USD" value-date="2019-12-31">4238352.61</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2018-02-01"/>
<period-end iso-date="2019-12-31"/>
<value currency="USD" value-date="2019-12-31">4238352.61</value>
</budget>
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<transaction><transaction-type code="2" /><transaction-date iso-date="2013-05-31"/><value value-date="2013-05-31">38000000</value><description xml:lang="en"><narrative>Total Commitment in May Month of 2013</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="2" /><transaction-date iso-date="2020-09-30"/><value value-date="2020-09-30">-2976935</value><description xml:lang="en"><narrative>Total Commitment Cancellations in September Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="2" /><transaction-date iso-date="2020-11-30"/><value value-date="2020-11-30">-1393</value><description xml:lang="en"><narrative>Total Commitment Cancellations in November Month of 2020</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2013-10-31"/><value value-date="2013-10-31">95000</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2013</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2013-12-31"/><value value-date="2013-12-31">5000000</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2013</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2014-03-31"/><value value-date="2014-03-31">22993</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2014</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2014-06-30"/><value value-date="2014-06-30">2575683</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2014</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2014-07-31"/><value value-date="2014-07-31">7035137</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2014</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2014-11-30"/><value value-date="2014-11-30">1514182</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2014</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2015-02-28"/><value value-date="2015-02-28">577154</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2015</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2015-07-31"/><value value-date="2015-07-31">1023130</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2015</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2015-09-30"/><value value-date="2015-09-30">2818791</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2015</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2015-12-31"/><value value-date="2015-12-31">4917206</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2015</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-03-31"/><value value-date="2016-03-31">3476092</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2016</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-04-30"/><value value-date="2016-04-30">3261274</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2016</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-05-31"/><value value-date="2016-05-31">1773137</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2016</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-06-30"/><value value-date="2016-06-30">1269315</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2016</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-08-31"/><value value-date="2016-08-31">474491</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2016</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-09-30"/><value value-date="2016-09-30">6000000</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-10-31"/><value value-date="2016-10-31">1661578</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2017-01-31"/><value value-date="2017-01-31">3097264</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2017-05-31"/><value value-date="2017-05-31">3306175</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2017-06-30"/><value value-date="2017-06-30">3232572</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2017-09-30"/><value value-date="2017-09-30">5060460</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2017-12-31"/><value value-date="2017-12-31">2901101</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2018-06-30"/><value value-date="2018-06-30">4998785</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2019-03-31"/><value value-date="2019-03-31">4289853</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2019-06-30"/><value value-date="2019-06-30">158640</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2019-08-31"/><value value-date="2019-08-31">642661</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-06-30"/><value value-date="2020-06-30">368341</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-07-31"/><value value-date="2020-07-31">-789365</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2013-10-31"/><value value-date="2013-10-31">-95000</value><description xml:lang="en"><narrative>Total Interest Repayment in October Month of 2013</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2014-01-31"/><value value-date="2014-01-31">-374</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2014</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2014-07-31"/><value value-date="2014-07-31">-60260</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2014</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2014-07-31"/><value value-date="2014-07-31">-387</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2014</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2015-01-31"/><value value-date="2015-01-31">-148012</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2015</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2015-01-31"/><value value-date="2015-01-31">-403</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2015-07-31"/><value value-date="2015-07-31">-151692</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2015</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2015-07-31"/><value value-date="2015-07-31">-425</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2016-01-31"/><value value-date="2016-01-31">-177753</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2016</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2016-01-31"/><value value-date="2016-01-31">-490</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2016-07-31"/><value value-date="2016-07-31">-687</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2016-07-31"/><value value-date="2016-07-31">-290493</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2016</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-01-31"/><value value-date="2017-01-31">-334444</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2017</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-01-31"/><value value-date="2017-01-31">-39295</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-07-31"/><value value-date="2017-07-31">-335724</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2017</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-07-31"/><value value-date="2017-07-31">-120011</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-01-31"/><value value-date="2018-01-31">-351162</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2018</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-01-31"/><value value-date="2018-01-31">-231143</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-07-31"/><value value-date="2018-07-31">-348339</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2018</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-07-31"/><value value-date="2018-07-31">-330928</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-01-31"/><value value-date="2019-01-31">-508431</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-01-31"/><value value-date="2019-01-31">-316288</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2019</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-07-31"/><value value-date="2019-07-31">-589948</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-07-31"/><value value-date="2019-07-31">-328493</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2019</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-01-31"/><value value-date="2020-01-31">-300289</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2020</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-01-31"/><value value-date="2020-01-31">-524011</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-07-31"/><value value-date="2020-07-31">-283598</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2020</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-07-31"/><value value-date="2020-07-31">-456853</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-01-31"/><value value-date="2021-01-31">-307552</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2021</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-01-31"/><value value-date="2021-01-31">-186167</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-07-31"/><value value-date="2021-07-31">-304175</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2021</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-07-31"/><value value-date="2021-07-31">-170806</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-01-31"/><value value-date="2022-01-31">-157526</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-01-31"/><value value-date="2022-01-31">-280520</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2022</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-07-31"/><value value-date="2022-07-31">-258924</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2022</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-07-31"/><value value-date="2022-07-31">-200537</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-01-31"/><value value-date="2023-01-31">-221697</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2023</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-01-31"/><value value-date="2023-01-31">-763230</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-07-31"/><value value-date="2023-07-31">-1007632</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-07-31"/><value value-date="2023-07-31">-264717</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2023</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-01-31"/><value value-date="2024-01-31">-232342</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2024</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-01-31"/><value value-date="2024-01-31">-1118697</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-07-31"/><value value-date="2024-07-31">-1079503</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-07-31"/><value value-date="2024-07-31">-223534</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2024</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-01-31"/><value value-date="2025-01-31">-206295</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2025</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-01-31"/><value value-date="2025-01-31">-988531</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-07-31"/><value value-date="2025-07-31">-838410</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-07-31"/><value value-date="2025-07-31">-184227</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2025</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2026-01-31"/><value value-date="2026-01-31">-205556</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2026</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2026-01-31"/><value value-date="2026-01-31">-792932</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2018-07-31"/><value value-date="2018-07-31">-1133509</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2018</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2019-01-31"/><value value-date="2019-01-31">-1128116</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2019</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2019-07-31"/><value value-date="2019-07-31">-1119562</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2019</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2020-01-31"/><value value-date="2020-01-31">-1116910</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2020</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2020-07-31"/><value value-date="2020-07-31">-562061</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2020</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2021-01-31"/><value value-date="2021-01-31">-582253</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2021</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2021-07-31"/><value value-date="2021-07-31">-575858</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2021</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2022-01-31"/><value value-date="2022-01-31">-569116</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2022</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2022-07-31"/><value value-date="2022-07-31">-1058525</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2022</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2023-01-31"/><value value-date="2023-01-31">-1090136</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2023</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2023-07-31"/><value value-date="2023-07-31">-1166268</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2023-07-31"/><value value-date="2023-07-31">-1095068</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2023</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2024-01-31"/><value value-date="2024-01-31">-1080144</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2024</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2024-01-31"/><value value-date="2024-01-31">-1166268</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
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<transaction><transaction-type code="6" /><transaction-date iso-date="2025-01-31"/><value value-date="2025-01-31">-1049163</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2025</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
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<transaction><transaction-type code="6" /><transaction-date iso-date="2026-01-31"/><value value-date="2026-01-31">-1102813</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2026</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2026-01-31"/><value value-date="2026-01-31">-1166268</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9029"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P130413"><title xml:lang="en"><narrative>Contract Awards</narrative></title><category code="A11" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-detail/P130413?lang=en"><title xml:lang="en"><narrative>Project URL</narrative></title><category code="A12" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P130413"><title xml:lang="en"><narrative>Procurement Notices</narrative></title><category code="A10" /></document-link><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Training needs assessment and manpower development plan for MRDI completed
</narrative></title>
<baseline year="2013" iso-date="2013-05-09" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2013-05-09" />
<period-end iso-date="1900-01-01"/>
<target value="">
<comment><narrative>
&lt;p&amp;gt;The activity was replaced with &amp;quot;Gap Analysis&amp;quot; assignment. Only one deliverable was completed under the EWHIP-4 financing, with the remaining deliverables being transferred to the EWHCIP.&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Vehicle Operating Costs from Agara to Kashuri (Cars)
</narrative></title>
<baseline year="2013" iso-date="2013-05-09" value="0.20"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2013-05-09" />
<period-end iso-date="1900-01-01"/>
<target value="">

</target>
<actual value="0.18">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
ITS strategic roadmap for East West Highway corridor developed
</narrative></title>
<baseline year="2013" iso-date="2013-05-09" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2013-05-09" />
<period-end iso-date="1900-01-01"/>
<target value="">

</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Vehicle Operating Costs from Agara to Kashuri (trucks)
</narrative></title>
<baseline year="2013" iso-date="2013-05-09" value="0.76"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2013-05-09" />
<period-end iso-date="1900-01-01"/>
<target value="">

</target>
<actual value="0.72">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Increase in asset value of the East West Highway corridor from Tbilisi to Sarpi. (GEL Million)
</narrative></title>
<baseline year="2013" iso-date="2013-05-09" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2013-05-09" />
<period-end iso-date="1900-01-01"/>
<target value="">

</target>
<actual value="1599.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Multi-year maintenance contract for section of E60 between Natakhtari and Ruisi completed
</narrative></title>
<baseline year="2013" iso-date="2013-05-09" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2013-05-09" />
<period-end iso-date="1900-01-01"/>
<target value="">

</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Feasibility Study (Zemo to Argveta) and Detailed Engineering Design (Zemo to Chumateleti) completed
</narrative></title>
<baseline year="2013" iso-date="2013-05-09" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2013-05-09" />
<period-end iso-date="1900-01-01"/>
<target value="">

</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Training needs assessment and manpower development plan for RD completed
</narrative></title>
<baseline year="2013" iso-date="2013-05-09" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2013-05-09" />
<period-end iso-date="1900-01-01"/>
<target value="">
<comment><narrative>
&lt;p&amp;gt;The activity was replaced with &amp;quot;Gap Analysis&amp;quot; assignment. Only one deliverable was completed under the EWHIP-4 financing, with the remaining deliverables being transferred to the EWHCIP.&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Road sector strategy incorporating social and gender dimensions developed and adopted by RD and MRDI
</narrative></title>
<baseline year="2013" iso-date="2013-05-09" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2013-05-09" />
<period-end iso-date="1900-01-01"/>
<target value="">

</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Length of E60 between Natakhtari and Ruisi and between Agara and Chumateleti with road safety improvement measures
</narrative></title>
<baseline year="2013" iso-date="2013-05-09" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2013-05-09" />
<period-end iso-date="1900-01-01"/>
<target value="">

</target>
<actual value="100.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Transit time from Agara to Kashuri
</narrative></title>
<baseline year="2013" iso-date="2013-05-09" value="10.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2013-05-09" />
<period-end iso-date="1900-01-01"/>
<target value="">

</target>
<actual value="7.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Roads constructed, non-rural
</narrative></title>
<baseline year="2013" iso-date="2013-05-09" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2013-05-09" />
<period-end iso-date="1900-01-01"/>
<target value="">

</target>
<actual value="12.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Updated road safety strategy and action plan developed  and adopted by MRDI
</narrative></title>
<baseline year="2013" iso-date="2013-05-09" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2013-05-09" />
<period-end iso-date="1900-01-01"/>
<target value="">

</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Reduction in road fatality rate on East West E60 corridor from Tbilisi to Senaki per 100 million vehicle-km
</narrative></title>
<baseline year="2013" iso-date="2013-05-09" value="11.60"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2013-05-09" />
<period-end iso-date="1900-01-01"/>
<target value="">

</target>
<actual value="3.03">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Length of East West Highway corridor from Tbilisi to Sarpi with IRI &amp;gt;6
</narrative></title>
<baseline year="2013" iso-date="2013-05-09" value="12.40"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2013-05-09" />
<period-end iso-date="1900-01-01"/>
<target value="">

</target>
<actual value="12.40">

</actual>
</period>
</indicator>
</result></iati-activity><iati-activity xml:lang="en" default-currency="USD" last-updated-datetime="2026-09-26T22:16:57" hierarchy="1"><iati-identifier>44000-P130421</iati-identifier><reporting-org ref="44000" type="40"><narrative  xml:lang="en">World Bank</narrative></reporting-org><title xml:lang="en"><narrative>Second Regional Development Project</narrative></title><description type="2" xml:lang="en"><narrative><![CDATA[The Project Development Objective is to improve infrastructure services and institutional capacity to support increased contribution of tourism in the local economy of the Imereti Region.]]></narrative></description><description type="1" xml:lang="en"><narrative><![CDATA[The development objective of the Second Regional Development Project for Georgia is to improve infrastructure services and institutional capacity to support increased contribution of tourism in the local economy of the Imereti region. There are two components to the project. The first component is infrastructure investments in urban regeneration of Tskaltubo and tourism circuits' development. A first component includes the following sub-components: 1) urban regeneration of Tskaltubo. An integrated approach for the urban renewal of Tskaltubo city: this includes a) rehabilitation of municipal infrastructure and utilities in the central area; b) upgrading of public spaces, parks, and construction of tourism amenities, and c) restoration of public buildings with vernacular architecture. The activities will help improve livability and hospitality in a culturally-informed manner, enhance attractiveness for visitors, revitalize the urban nucleus, and attract increased volume of private sector investments around the medical and spa tourism cluster. 2) tourism circuits development: an integrated approach to site upgrading and improved management of the six most attractive cultural heritage sites in Imereti: including Gelati Monastery; Vani Museum and surrounding archaeological site; the Ubisa Church; the Katskhi Church, the Katskhi Column Monastery, and the Motsameta Monastery. This includes a) improving urban landscaping and public parking; b) construction of information kiosks and public toilets; c) restoration and refurbishing of the exterior and interior of the Vani Museum; d) improving access roads; and e) preservation of selected cultural heritage sites. The second component is institutional development. The second component includes the following sub-components. 1) establishment of Tskaltubo destination management and development office: this will create the institutional framework to ensure proper operation and maintenance of all assets that will be constructed/rehabilitated in Tskaltubo, and conduct marketing and promotion activities for the Imereti region; 2) sustainable tourism development and promotion: this will promote Imereti as a new sustainable tourism destination and create a mechanism for community participation, stakeholder consultations, and involvement of local government in the region's tourism development; 3) preparation of visitor management plans for the sustainability of the project's cultural heritage sites; 4) skilled workforce development and capacity building: this will provide demand-driven capacity building training activities to three groups in order to establish a targeted, integrated workforce development program in tourism-related businesses in the Imereti region; 5) performance monitoring and evaluation; and 6) construction supervision support: this will provide Municipal Development Fund (MDF) with construction supervision from an international consulting firm.]]></narrative></description><participating-org role="1" ref="44002" type="40" xml:lang="en"><narrative>International Development Association</narrative></participating-org><participating-org role="2" xml:lang="en" ref="GE–P0009032"><narrative>Ministry of Finance</narrative></participating-org><participating-org role="2" xml:lang="en" ref="GE–P0009032"><narrative>Ministry of Finance</narrative></participating-org><participating-org role="3" ref="44002" type="40" xml:lang="en"><narrative>International Development Association</narrative></participating-org><participating-org role="4" xml:lang="en" ref="GE-COA-0009033"><narrative>Municipal Development Fund of Georgia</narrative></participating-org>
<activity-status code="3" /><activity-date type="1" iso-date="2013-03-28"><narrative>Planned start date of the activity</narrative></activity-date><activity-date type="2" iso-date="2012-11-06"><narrative>Actual start date of the activity</narrative></activity-date><activity-date type="3" iso-date="2019-12-31"><narrative>Planned end date of the activity</narrative></activity-date><activity-date type="4" iso-date="2019-12-31"><narrative>Actual end date of the activity</narrative></activity-date><contact-info type="1"><organisation><narrative>The World Bank</narrative></organisation><person-name><narrative>Vica Rosario Bogaerts</narrative></person-name><telephone>+1-202-473-1000</telephone><email>vbogaerts@worldbank.org</email><email>pic@worldbank.org</email><mailing-address><narrative>The World Bank, 1818 H Street, NW, Washington, DC 20433 USA</narrative></mailing-address></contact-info>





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            <location-reach code="1" />
            <location-id vocabulary="G1" code="0000611219" />
            <name><narrative>Vani</narrative></name>
            <point srsName="http://www.opengis.net/def/crs/EPSG/0/4326">
            <pos>42.083199 42.521629</pos>
            </point>
            <exactness code="2"/>
            <location-class code="2" />
        </location><location>
            <location-reach code="1" />
            <location-id vocabulary="G1" code="0000865539" />
            <name><narrative>Imereti</narrative></name>
            <point srsName="http://www.opengis.net/def/crs/EPSG/0/4326">
            <pos>42.166672 42.98333</pos>
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<transaction><transaction-type code="2" /><transaction-date iso-date="2020-10-31"/><value value-date="2020-10-31">-4203</value><description xml:lang="en"><narrative>Total Commitment Cancellations in October Month of 2020</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2013-04-30"/><value value-date="2013-04-30">7592093</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2013</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2013-06-30"/><value value-date="2013-06-30">515084</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2013</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2013-11-30"/><value value-date="2013-11-30">2533373</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2013</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2014-03-31"/><value value-date="2014-03-31">1975255</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2014</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2014-09-30"/><value value-date="2014-09-30">1823114</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2014</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2014-11-30"/><value value-date="2014-11-30">3214489</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2014</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2015-05-31"/><value value-date="2015-05-31">2275528</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2015</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2015-09-30"/><value value-date="2015-09-30">4000000</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2015</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-03-31"/><value value-date="2016-03-31">1694988</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2016</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-06-30"/><value value-date="2016-06-30">894043</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2016</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-08-31"/><value value-date="2016-08-31">22500</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2017-05-31"/><value value-date="2017-05-31">1810078</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2017</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2017-09-30"/><value value-date="2017-09-30">625422</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2017</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2018-12-31"/><value value-date="2018-12-31">1000000</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2019-01-31"/><value value-date="2019-01-31">125590</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2019-03-31"/><value value-date="2019-03-31">125183</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2019-05-31"/><value value-date="2019-05-31">618104</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2019-08-31"/><value value-date="2019-08-31">793819</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2019-09-30"/><value value-date="2019-09-30">635131</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2019-10-31"/><value value-date="2019-10-31">532333</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2019-11-30"/><value value-date="2019-11-30">779637</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2019-12-31"/><value value-date="2019-12-31">1990907</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-04-30"/><value value-date="2020-04-30">252451</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-05-31"/><value value-date="2020-05-31">-80420</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-05-31"/><value value-date="2020-05-31">-3786</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2020</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2013-07-31"/><value value-date="2013-07-31">-40762</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2013</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2014-01-31"/><value value-date="2014-01-31">-93012</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2014</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2014-07-31"/><value value-date="2014-07-31">-120635</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2014</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2015-01-31"/><value value-date="2015-01-31">-140103</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2015</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2015-07-31"/><value value-date="2015-07-31">-166374</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2015</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2016-01-31"/><value value-date="2016-01-31">-214399</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2016</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2016-07-31"/><value value-date="2016-07-31">-237676</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2016</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2016-08-31"/><value value-date="2016-08-31">-22500</value><description xml:lang="en"><narrative>Total Interest Repayment in August Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-01-31"/><value value-date="2017-01-31">-243889</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2017</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-04-30"/><value value-date="2017-04-30">-16825</value><description xml:lang="en"><narrative>Total Interest Repayment in April Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-07-31"/><value value-date="2017-07-31">-247338</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2017</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-10-31"/><value value-date="2017-10-31">-11523</value><description xml:lang="en"><narrative>Total Interest Repayment in October Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-01-31"/><value value-date="2018-01-31">-272452</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2018</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-04-30"/><value value-date="2018-04-30">-11472</value><description xml:lang="en"><narrative>Total Interest Repayment in April Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-07-31"/><value value-date="2018-07-31">-285177</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2018</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-10-31"/><value value-date="2018-10-31">-11643</value><description xml:lang="en"><narrative>Total Interest Repayment in October Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-01-31"/><value value-date="2019-01-31">-246592</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2019</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-04-30"/><value value-date="2019-04-30">-21339</value><description xml:lang="en"><narrative>Total Interest Repayment in April Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-07-31"/><value value-date="2019-07-31">-256363</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2019</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-10-31"/><value value-date="2019-10-31">-41188</value><description xml:lang="en"><narrative>Total Interest Repayment in October Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-01-31"/><value value-date="2020-01-31">-233693</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2020</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-04-30"/><value value-date="2020-04-30">-93876</value><description xml:lang="en"><narrative>Total Interest Repayment in April Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-07-31"/><value value-date="2020-07-31">-220258</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2020</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-10-31"/><value value-date="2020-10-31">-72313</value><description xml:lang="en"><narrative>Total Interest Repayment in October Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-01-31"/><value value-date="2021-01-31">-239037</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2021</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-04-30"/><value value-date="2021-04-30">-43629</value><description xml:lang="en"><narrative>Total Interest Repayment in April Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-07-31"/><value value-date="2021-07-31">-236346</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2021</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-10-31"/><value value-date="2021-10-31">-42833</value><description xml:lang="en"><narrative>Total Interest Repayment in October Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-01-31"/><value value-date="2022-01-31">-217496</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2022</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-04-30"/><value value-date="2022-04-30">-40881</value><description xml:lang="en"><narrative>Total Interest Repayment in April Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-07-31"/><value value-date="2022-07-31">-200652</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2022</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-10-31"/><value value-date="2022-10-31">-94665</value><description xml:lang="en"><narrative>Total Interest Repayment in October Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-01-31"/><value value-date="2023-01-31">-170545</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2023</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-04-30"/><value value-date="2023-04-30">-181857</value><description xml:lang="en"><narrative>Total Interest Repayment in April Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-07-31"/><value value-date="2023-07-31">-204922</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2023</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-10-31"/><value value-date="2023-10-31">-218254</value><description xml:lang="en"><narrative>Total Interest Repayment in October Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-01-31"/><value value-date="2024-01-31">-179002</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2024</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-04-30"/><value value-date="2024-04-30">-238350</value><description xml:lang="en"><narrative>Total Interest Repayment in April Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-07-31"/><value value-date="2024-07-31">-171918</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2024</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-10-31"/><value value-date="2024-10-31">-236567</value><description xml:lang="en"><narrative>Total Interest Repayment in October Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-01-31"/><value value-date="2025-01-31">-158193</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2025</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-04-30"/><value value-date="2025-04-30">-204842</value><description xml:lang="en"><narrative>Total Interest Repayment in April Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-07-31"/><value value-date="2025-07-31">-140052</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2025</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-10-31"/><value value-date="2025-10-31">-201095</value><description xml:lang="en"><narrative>Total Interest Repayment in October Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2026-01-31"/><value value-date="2026-01-31">-157088</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2026</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2026-04-30"/><value value-date="2026-04-30">-182094</value><description xml:lang="en"><narrative>Total Interest Repayment in April Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2018-01-31"/><value value-date="2018-01-31">-936290</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2018</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2018-07-31"/><value value-date="2018-07-31">-916060</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2018</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2019-01-31"/><value value-date="2019-01-31">-911702</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2019</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2019-07-31"/><value value-date="2019-07-31">-904789</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2019</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2020-01-31"/><value value-date="2020-01-31">-902646</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2020</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2020-07-31"/><value value-date="2020-07-31">-454237</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2020</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2021-01-31"/><value value-date="2021-01-31">-470490</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2021</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2021-07-31"/><value value-date="2021-07-31">-465322</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2021</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2022-01-31"/><value value-date="2022-01-31">-459874</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2022</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2022-07-31"/><value value-date="2022-07-31">-855341</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2022</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2023-01-31"/><value value-date="2023-01-31">-880884</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2023</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2023-07-31"/><value value-date="2023-07-31">-884869</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2023</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2024-01-31"/><value value-date="2024-01-31">-872810</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2024</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2024-07-31"/><value value-date="2024-07-31">-867067</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2024</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2025-01-31"/><value value-date="2025-01-31">-847776</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2025</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2025-07-31"/><value value-date="2025-07-31">-893643</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2025</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2026-01-31"/><value value-date="2026-01-31">-891128</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2026</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-9033"><narrative>Municipal Development Fund of Georgia</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P130421"><title xml:lang="en"><narrative>Contract Awards</narrative></title><category code="A11" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-detail/P130421?lang=en"><title xml:lang="en"><narrative>Project URL</narrative></title><category code="A12" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P130421"><title xml:lang="en"><narrative>Procurement Notices</narrative></title><category code="A10" /></document-link><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of people in urban areas provided with access to all-season roads within a 500 meter range under the project
</narrative></title>
<baseline year="2012" iso-date="2012-09-07" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-09-07" />
<period-end iso-date="1900-01-01"/>
<target value="">
<comment><narrative>
&lt;p&amp;gt;Exceeded - The target value has been exceeded by 4 percent.&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="6252.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Grievances registered related to delivery of project benefits addressed (percentage)
</narrative></title>
<baseline year="2019" iso-date="2019-04-12" value="100.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-04-12" />
<period-end iso-date="2019-04-12" />
<target value="100.00">

</target>
<actual value="100.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of tickets sold at Vani museum
</narrative></title>
<baseline year="2012" iso-date="2012-09-07" value="5215.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-09-07" />
<period-end iso-date="2016-03-31" />
<target value="16500.00">
<comment><narrative>
&lt;p&amp;gt;Museum rehabilitated but not opened at time of project closing. Opening expected in the first week of July 2020. Target value is currently expected to be reached by June 2021.&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Increased volume of private sector investment in Tskaltubo mobilized by the Imereti Destination Management Office.
</narrative></title>
<baseline year="2012" iso-date="2012-09-07" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-09-07" />
<period-end iso-date="2019-12-31" />
<target value="13000000.00">

</target>
<actual value="2600000.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Grievances registered related to delivery of project benefits addressed (percentage)
</narrative></title>
<baseline year="2012" iso-date="2012-09-07" value="100.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-09-07" />
<period-end iso-date="1900-01-01"/>
<target value="">
<comment><narrative>
&lt;p&amp;gt;Achieved - The target has been fully achieved.&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="100.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of people in urban areas provided with access to all-season roads within a 500 meter range under the project
</narrative></title>
<baseline year="2012" iso-date="2012-09-07" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-09-07" />
<period-end iso-date="2019-12-31" />
<target value="6000.00">

</target>
<actual value="6000.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Grieavances responded to and/or resolved within one month of being filed (in percentage)
</narrative></title>
<baseline year="2012" iso-date="2012-09-07" value="100.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-09-07" />
<period-end iso-date="1900-01-01"/>
<target value="">
<comment><narrative>
&lt;p&amp;gt;Achieved - The target has been fully achieved.&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="100.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Increased number of hotel beds in circuit route areas
</narrative></title>
<baseline year="2012" iso-date="2012-09-07" value="2661.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-09-07" />
<period-end iso-date="2016-03-31" />
<target value="4400.00">
<comment><narrative>
&lt;p&amp;gt;Exceeded - The target&amp;nbsp;value&amp;nbsp;has been exceeded by 8 percent.&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="4809.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of street lighting posts and bulbs replaced
</narrative></title>
<baseline year="2012" iso-date="2012-09-07" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-09-07" />
<period-end iso-date="2019-12-31" />
<target value="1800.00">

</target>
<actual value="1806.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of buildings restored and constructed in Tskaltubo and Vani
</narrative></title>
<baseline year="2012" iso-date="2012-09-07" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-09-07" />
<period-end iso-date="2019-12-31" />
<target value="11.00">

</target>
<actual value="11.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of tourism facilities constructed at cultural heritage sites along the tourist circuit
</narrative></title>
<baseline year="2012" iso-date="2012-09-07" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-09-07" />
<period-end iso-date="2018-04-30" />
<target value="5.00">
<comment><narrative>
&lt;p&amp;gt;Achieved - The target has been fully achieved.&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="5.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Increased annual number of visitors at Project sites
</narrative></title>
<baseline year="2012" iso-date="2012-09-07" value="740000.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-09-07" />
<period-end iso-date="2019-12-31" />
<target value="903000.00">

</target>
<actual value="762248.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Participants in Consultation Activities during project implementation (number by gender)
</narrative></title>
<baseline year="2012" iso-date="2012-09-07" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-09-07" />
<period-end iso-date="1900-01-01"/>
<target value="">
<comment><narrative>
&lt;p&amp;gt;Exceeded - The target value has been exceeded by 12 percent.&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="5600.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Square meters of new or rehabilitated urban public spaces in selected municipalities
</narrative></title>
<baseline year="2012" iso-date="2012-09-07" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-09-07" />
<period-end iso-date="1900-01-01"/>
<target value="">
<comment><narrative>
&lt;p&amp;gt;Exceeded - The target value has been exceeded by 39 percent.&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="813664.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Increased revenues from tickets sold at Vani museum
</narrative></title>
<baseline year="2012" iso-date="2012-09-07" value="10519.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-09-07" />
<period-end iso-date="2016-03-31" />
<target value="90000.00">
<comment><narrative>
&lt;p&amp;gt;Museum rehabilitated but not opened at time of project closing. Opening expected in the first week of July 2020. Target value is currently expected to be reached by October 2020.&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Roads rehabilitated, Non-rural
</narrative></title>
<baseline year="2012" iso-date="2012-09-07" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-09-07" />
<period-end iso-date="1900-01-01"/>
<target value="">
<comment><narrative>
&lt;p&amp;gt;Exceeded - The target value has been exceeded by 102 percent.&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="10.30">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Direct project beneficiaries
</narrative></title>
<baseline year="2012" iso-date="2012-09-07" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-09-07" />
<period-end iso-date="1900-01-01"/>
<target value="">
<comment><narrative>
&lt;p&amp;gt;Exceeded - The target value has been exceeded by 13 percent.&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="22546.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Increased number of hotel beds in circuit route areas
</narrative></title>
<baseline year="2012" iso-date="2012-09-07" value="2661.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-09-07" />
<period-end iso-date="2019-12-31" />
<target value="4400.00">

</target>
<actual value="4569.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Roads rehabilitated, Non-rural
</narrative></title>
<baseline year="2012" iso-date="2012-09-07" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-09-07" />
<period-end iso-date="2019-12-31" />
<target value="5.10">

</target>
<actual value="5.20">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Production and distribution of new maps based on geotourism database
</narrative></title>
<baseline year="2012" iso-date="2012-09-07" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-09-07" />
<period-end iso-date="2019-12-31" />
<target value="15000.00">

</target>
<actual value="15000.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Imereti Destination Management Office established and operational
</narrative></title>
<baseline year="2012" iso-date="2012-09-07" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-09-07" />
<period-end iso-date="1900-01-01"/>
<target value="">
<comment><narrative>
&lt;p&amp;gt;Achieved - The target has been fully achieved.&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="1.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of buildings restored and constructed in Tskaltubo and Vani
</narrative></title>
<baseline year="2012" iso-date="2012-09-07" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-09-07" />
<period-end iso-date="2016-03-31" />
<target value="11.00">
<comment><narrative>
&lt;p&amp;gt;Exceeded - Target value has been exceeded by 27 percent.&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="14.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Square meters of new or rehabilitated urban public spaces in selected municipalities
</narrative></title>
<baseline year="2012" iso-date="2012-09-07" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-09-07" />
<period-end iso-date="2019-12-31" />
<target value="584296.00">

</target>
<actual value="588340.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of Parks upgraded in Tskaltubo
</narrative></title>
<baseline year="2012" iso-date="2012-09-07" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-09-07" />
<period-end iso-date="1900-01-01"/>
<target value="">
<comment><narrative>
&lt;p&amp;gt;Achieved - The target has been fully achieved.&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="2.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of Parks upgraded in Tskaltubo
</narrative></title>
<baseline year="2012" iso-date="2012-09-07" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-09-07" />
<period-end iso-date="2019-12-31" />
<target value="2.00">

</target>
<actual value="2.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Grieavances responded to and/or resolved within one month of being filed (in percentage)
</narrative></title>
<baseline year="2019" iso-date="2019-04-12" value="100.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-04-12" />
<period-end iso-date="2019-12-31" />
<target value="100.00">

</target>
<actual value="100.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Piped household water connections that are benefiting from rehabilitation works undertaken by the project
</narrative></title>
<baseline year="2012" iso-date="2012-09-07" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-09-07" />
<period-end iso-date="1900-01-01"/>
<target value="">
<comment><narrative>
&lt;p&amp;gt;Exceeded - The target value has been exceeded by 23 percent.&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="6164.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Piped household water connections that are benefiting from rehabilitation works undertaken by the project
</narrative></title>
<baseline year="2012" iso-date="2012-09-07" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-09-07" />
<period-end iso-date="2019-12-31" />
<target value="5000.00">

</target>
<actual value="6757.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Increased volume of private sector investment in Tskaltubo mobilized by the Imereti Destination Management Office.
</narrative></title>
<baseline year="2012" iso-date="2012-09-07" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-09-07" />
<period-end iso-date="2018-04-30" />
<target value="13000000.00">
<comment><narrative>
&lt;p&amp;gt;Partially achieved - Even though the target value of an increased volume of private-sector investments has been exceeded by 92 percent, the PDO indicator was only partially achieved in a literal sense. A detailed discussion on this PDO indicator can be found in para. 38 ff. of the main text.&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="25000000.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Increased annual number of visitors at Project sites
</narrative></title>
<baseline year="2012" iso-date="2012-09-07" value="740000.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-09-07" />
<period-end iso-date="1900-01-01"/>
<target value="">
<comment><narrative>
&lt;p&amp;gt;Exceeded - The target value has been exceeded by 6%.&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="953646.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of tickets sold at Vani museum
</narrative></title>
<baseline year="2012" iso-date="2012-09-07" value="5215.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-09-07" />
<period-end iso-date="2019-12-31" />
<target value="16500.00">

</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Imereti Destination Management Office established and operational
</narrative></title>
<baseline year="2012" iso-date="2012-09-07" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-09-07" />
<period-end iso-date="2019-12-31" />
<target value="1.00">

</target>
<actual value="1.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of street lighting posts and bulbs replaced
</narrative></title>
<baseline year="2012" iso-date="2012-09-07" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-09-07" />
<period-end iso-date="2016-03-31" />
<target value="1800.00">
<comment><narrative>
&lt;p&amp;gt;Exceeded - The target value has been exceeded by 28%.&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="2301.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of tourism facilities constructed at cultural heritage sites along the tourist circuit
</narrative></title>
<baseline year="2012" iso-date="2012-09-07" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-09-07" />
<period-end iso-date="2019-12-31" />
<target value="5.00">

</target>
<actual value="3.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Increased revenues from tickets sold at Vani museum
</narrative></title>
<baseline year="2012" iso-date="2012-09-07" value="10519.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-09-07" />
<period-end iso-date="2019-12-31" />
<target value="90000.00">

</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Production and distribution of new maps based on geotourism database
</narrative></title>
<baseline year="2012" iso-date="2012-09-07" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2012-09-07" />
<period-end iso-date="2016-03-31" />
<target value="15000.00">
<comment><narrative>
&lt;p&amp;gt;Exceeded - The target value has been exceeded by 522 percent.&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="93250.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Participants in Consultation Activities during project implementation (number by gender)
</narrative></title>
<baseline year="2019" iso-date="2019-04-12" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-04-12" />
<period-end iso-date="2019-12-31" />
<target value="5000.00">

</target>
<actual value="2682.00">

</actual>
</period>
</indicator>
</result></iati-activity><iati-activity xml:lang="en" default-currency="USD" last-updated-datetime="2026-09-26T22:16:57" hierarchy="1"><iati-identifier>44000-P133828</iati-identifier><reporting-org ref="44000" type="40"><narrative  xml:lang="en">World Bank</narrative></reporting-org><title xml:lang="en"><narrative>Irrigation and Land Market Development Project</narrative></title><description type="2" xml:lang="en"><narrative><![CDATA[The Project Development Objectives are to: (a) improve delivery of the irrigation and drainage services in selected areas; and (b) develop improved policies, procedures, and systems as a basis for a national land management program.]]></narrative></description><description type="1" xml:lang="en"><narrative><![CDATA[The objective of the Irrigation and Land Market Development Project for Georgia is to: (i) improve delivery of irrigation and drainage services in selected areas and (ii) develop improved policies and procedures as a basis for a national program of land registration. There are three components to the project, the first component being irrigation and drainage improvement. This component includes two sub-components: (i) irrigation and drainage rehabilitation and modernization, and (ii) strengthening of irrigation and drainage institutions. The implementing agency for the component will be the MOA through the MOA Project Planning and Monitoring Division (PPMD). The second component is the land market development. The component will finance the pilot phase of a land registration program in order to redefine and test the policies and procedures for registration of agricultural land4 that will allow the majority of existing land ownership rights to be registered (regularization). The pilot will inform the design of a national land registration program (which is not funded under the project. Finally, the third component is the project management.]]></narrative></description><participating-org role="1" ref="44002" type="40" xml:lang="en"><narrative>International Development Association</narrative></participating-org><participating-org role="2" xml:lang="en" ref="GE–P0012091"><narrative>Public Debt Management Department, Ministry of Finance of Georgia</narrative></participating-org><participating-org role="2" xml:lang="en" ref="GE–P0012091"><narrative>Public Debt Management Department, Ministry of Finance of Georgia</narrative></participating-org><participating-org role="3" ref="44002" type="40" xml:lang="en"><narrative>International Development Association</narrative></participating-org><participating-org role="4" xml:lang="en" ref="GE-COA-0012089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></participating-org>
<activity-status code="3" /><activity-date type="1" iso-date="2013-12-16"><narrative>Planned start date of the activity</narrative></activity-date><activity-date type="2" iso-date="2014-05-23"><narrative>Actual start date of the activity</narrative></activity-date><activity-date type="3" iso-date="2023-09-30"><narrative>Planned end date of the activity</narrative></activity-date><activity-date type="4" iso-date="2023-09-30"><narrative>Actual end date of the activity</narrative></activity-date><contact-info type="1"><organisation><narrative>The World Bank</narrative></organisation><person-name><narrative>Rufiz Vakhid Chirag-Zade</narrative></person-name><telephone>+1-202-473-1000</telephone><email>rchiragzade@worldbankgroup.org</email><email>pic@worldbank.org</email><mailing-address><narrative>The World Bank, 1818 H Street, NW, Washington, DC 20433 USA</narrative></mailing-address></contact-info>









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<period-end iso-date="2021-07-31"/>
<value currency="USD" value-date="2021-07-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2021-08-01"/>
<period-end iso-date="2021-08-31"/>
<value currency="USD" value-date="2021-08-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2021-09-01"/>
<period-end iso-date="2021-09-30"/>
<value currency="USD" value-date="2021-09-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2021-10-01"/>
<period-end iso-date="2021-10-31"/>
<value currency="USD" value-date="2021-10-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2021-11-01"/>
<period-end iso-date="2021-11-30"/>
<value currency="USD" value-date="2021-11-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2021-12-01"/>
<period-end iso-date="2021-12-31"/>
<value currency="USD" value-date="2021-12-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2022-01-01"/>
<period-end iso-date="2022-01-31"/>
<value currency="USD" value-date="2022-01-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2022-02-01"/>
<period-end iso-date="2022-02-28"/>
<value currency="USD" value-date="2022-02-28">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2022-03-01"/>
<period-end iso-date="2022-03-31"/>
<value currency="USD" value-date="2022-03-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2022-04-01"/>
<period-end iso-date="2022-04-30"/>
<value currency="USD" value-date="2022-04-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2022-05-01"/>
<period-end iso-date="2022-05-31"/>
<value currency="USD" value-date="2022-05-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2022-06-01"/>
<period-end iso-date="2022-06-30"/>
<value currency="USD" value-date="2022-06-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2022-07-01"/>
<period-end iso-date="2022-07-31"/>
<value currency="USD" value-date="2022-07-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2022-08-01"/>
<period-end iso-date="2022-08-31"/>
<value currency="USD" value-date="2022-08-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2022-09-01"/>
<period-end iso-date="2022-09-30"/>
<value currency="USD" value-date="2022-09-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2022-10-01"/>
<period-end iso-date="2022-10-31"/>
<value currency="USD" value-date="2022-10-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2022-11-01"/>
<period-end iso-date="2022-11-30"/>
<value currency="USD" value-date="2022-11-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2022-12-01"/>
<period-end iso-date="2022-12-31"/>
<value currency="USD" value-date="2022-12-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-01-01"/>
<period-end iso-date="2023-01-31"/>
<value currency="USD" value-date="2023-01-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-02-01"/>
<period-end iso-date="2023-02-28"/>
<value currency="USD" value-date="2023-02-28">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-03-01"/>
<period-end iso-date="2023-03-31"/>
<value currency="USD" value-date="2023-03-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-04-01"/>
<period-end iso-date="2023-04-30"/>
<value currency="USD" value-date="2023-04-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-05-01"/>
<period-end iso-date="2023-05-31"/>
<value currency="USD" value-date="2023-05-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-06-01"/>
<period-end iso-date="2023-06-30"/>
<value currency="USD" value-date="2023-06-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-07-01"/>
<period-end iso-date="2023-07-31"/>
<value currency="USD" value-date="2023-07-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-08-01"/>
<period-end iso-date="2023-08-31"/>
<value currency="USD" value-date="2023-08-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-09-01"/>
<period-end iso-date="2023-09-30"/>
<value currency="USD" value-date="2023-09-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-10-01"/>
<period-end iso-date="2023-10-31"/>
<value currency="USD" value-date="2023-10-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-11-01"/>
<period-end iso-date="2023-11-30"/>
<value currency="USD" value-date="2023-11-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-12-01"/>
<period-end iso-date="2023-12-31"/>
<value currency="USD" value-date="2023-12-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-01-01"/>
<period-end iso-date="2024-01-31"/>
<value currency="USD" value-date="2024-01-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2022-09-01"/>
<period-end iso-date="2023-09-30"/>
<value currency="USD" value-date="2023-09-30">0.00</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2022-09-01"/>
<period-end iso-date="2023-09-30"/>
<value currency="USD" value-date="2023-09-30">0.00</value>
</budget>
<capital-spend percentage="100" /><transaction><transaction-type code="2" /><transaction-date iso-date="2014-05-31"/><value value-date="2014-05-31">50000000</value><description xml:lang="en"><narrative>Total Commitment in May Month of 2014</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="2" /><transaction-date iso-date="2020-02-29"/><value value-date="2020-02-29">20400000</value><description xml:lang="en"><narrative>Total Commitment in February Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="2" /><transaction-date iso-date="2024-04-30"/><value value-date="2024-04-30">-46430</value><description xml:lang="en"><narrative>Total Commitment Cancellations in April Month of 2024</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="2" /><transaction-date iso-date="2024-04-30"/><value value-date="2024-04-30">-171936</value><description xml:lang="en"><narrative>Total Commitment Cancellations in April Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2015-04-30"/><value value-date="2015-04-30">1500000</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2015</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-03-31"/><value value-date="2016-03-31">963784</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2016</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-04-30"/><value value-date="2016-04-30">1725951</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2016</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-06-30"/><value value-date="2016-06-30">1289046</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2016</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-10-31"/><value value-date="2016-10-31">250000</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2016</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-12-31"/><value value-date="2016-12-31">1244426</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2016</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2017-01-31"/><value value-date="2017-01-31">1932376</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2017</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2017-02-28"/><value value-date="2017-02-28">16660</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2017</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2017-03-31"/><value value-date="2017-03-31">1006259</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2017</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2017-05-31"/><value value-date="2017-05-31">1639399</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2017</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2017-06-30"/><value value-date="2017-06-30">892581</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2017</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2017-07-31"/><value value-date="2017-07-31">197130</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2017</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2017-08-31"/><value value-date="2017-08-31">687224</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2017</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2017-10-31"/><value value-date="2017-10-31">111564</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2017</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2017-12-31"/><value value-date="2017-12-31">148623</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2017</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2018-01-31"/><value value-date="2018-01-31">1983928</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2018</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2018-02-28"/><value value-date="2018-02-28">133796</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2018</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2018-04-30"/><value value-date="2018-04-30">1900187</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2018</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2018-05-31"/><value value-date="2018-05-31">169885</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2018</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2018-06-30"/><value value-date="2018-06-30">1480059</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2018</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2018-07-31"/><value value-date="2018-07-31">80652</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2018</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2018-08-31"/><value value-date="2018-08-31">240954</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2018</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2018-09-30"/><value value-date="2018-09-30">80019</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2018</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2018-10-31"/><value value-date="2018-10-31">1592133</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2018</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2018-11-30"/><value value-date="2018-11-30">65371</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2018</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2018-12-31"/><value value-date="2018-12-31">160813</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2018</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2019-01-31"/><value value-date="2019-01-31">381505</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2019</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2019-03-31"/><value value-date="2019-03-31">38318</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2019</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2019-04-30"/><value value-date="2019-04-30">215353</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2019</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2019-06-30"/><value value-date="2019-06-30">1185573</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2019</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2019-10-31"/><value value-date="2019-10-31">801717</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2019</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2019-12-31"/><value value-date="2019-12-31">100000</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2019</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-01-31"/><value value-date="2020-01-31">1131515</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2020</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-02-29"/><value value-date="2020-02-29">173786</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2020</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-05-31"/><value value-date="2020-05-31">49982</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-07-31"/><value value-date="2020-07-31">1715434</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2020</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-08-31"/><value value-date="2020-08-31">596000</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-08-31"/><value value-date="2020-08-31">290481</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2020</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-09-30"/><value value-date="2020-09-30">10000</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2020</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-10-31"/><value value-date="2020-10-31">1024916</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2020</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-11-30"/><value value-date="2020-11-30">1459080</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2020</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-11-30"/><value value-date="2020-11-30">593625</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-01-31"/><value value-date="2021-01-31">849300</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2021</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-01-31"/><value value-date="2021-01-31">816349</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-02-28"/><value value-date="2021-02-28">248612</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-03-31"/><value value-date="2021-03-31">3499434</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2021</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-05-31"/><value value-date="2021-05-31">428711</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-06-30"/><value value-date="2021-06-30">1378549</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2021</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-06-30"/><value value-date="2021-06-30">174360</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-07-31"/><value value-date="2021-07-31">254809</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2021</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-08-31"/><value value-date="2021-08-31">78854</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2021</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-08-31"/><value value-date="2021-08-31">684157</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-09-30"/><value value-date="2021-09-30">1720794</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2021</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-10-31"/><value value-date="2021-10-31">594485</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2021</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-11-30"/><value value-date="2021-11-30">345410</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2021</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-11-30"/><value value-date="2021-11-30">479759</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-12-31"/><value value-date="2021-12-31">846370</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2021</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-12-31"/><value value-date="2021-12-31">168572</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-02-28"/><value value-date="2022-02-28">688627</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-02-28"/><value value-date="2022-02-28">135296</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2022</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-04-30"/><value value-date="2022-04-30">928725</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2022</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-04-30"/><value value-date="2022-04-30">710428</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-05-31"/><value value-date="2022-05-31">373053</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-06-30"/><value value-date="2022-06-30">904202</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-07-31"/><value value-date="2022-07-31">1311095</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-08-31"/><value value-date="2022-08-31">649682</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-09-30"/><value value-date="2022-09-30">1026195</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2022</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-09-30"/><value value-date="2022-09-30">246421</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-10-31"/><value value-date="2022-10-31">296903</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-11-30"/><value value-date="2022-11-30">1712186</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2022</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-12-31"/><value value-date="2022-12-31">394748</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-01-31"/><value value-date="2023-01-31">1199176</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2023</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-01-31"/><value value-date="2023-01-31">325996</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-02-28"/><value value-date="2023-02-28">691646</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-02-28"/><value value-date="2023-02-28">-323006</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2023</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-04-30"/><value value-date="2023-04-30">748789</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2023</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-04-30"/><value value-date="2023-04-30">150744</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-05-31"/><value value-date="2023-05-31">728161</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-06-30"/><value value-date="2023-06-30">1204451</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-07-31"/><value value-date="2023-07-31">1337503</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-07-31"/><value value-date="2023-07-31">-302129</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2023</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-08-31"/><value value-date="2023-08-31">334779</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2023</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-08-31"/><value value-date="2023-08-31">848769</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-09-30"/><value value-date="2023-09-30">1268087</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-10-31"/><value value-date="2023-10-31">1501280</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-11-30"/><value value-date="2023-11-30">1245614</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-12-31"/><value value-date="2023-12-31">548875</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-01-31"/><value value-date="2024-01-31">49089</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-02-29"/><value value-date="2024-02-29">-53087</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-02-29"/><value value-date="2024-02-29">-24417</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2024</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2015-11-30"/><value value-date="2015-11-30">-16451</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2015</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2016-05-31"/><value value-date="2016-05-31">-16899</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2016</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2016-11-30"/><value value-date="2016-11-30">-55992</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2016</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-05-31"/><value value-date="2017-05-31">-78578</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2017</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-11-30"/><value value-date="2017-11-30">-135772</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2017</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-05-31"/><value value-date="2018-05-31">-157109</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2018</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-11-30"/><value value-date="2018-11-30">-193457</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2018</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-05-31"/><value value-date="2019-05-31">-215787</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2019</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-11-30"/><value value-date="2019-11-30">-227024</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2019</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-05-31"/><value value-date="2020-05-31">-232049</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2020</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-05-31"/><value value-date="2020-05-31">-49982</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-11-30"/><value value-date="2020-11-30">-240240</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2020</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-12-31"/><value value-date="2020-12-31">-31303</value><description xml:lang="en"><narrative>Total Interest Repayment in December Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-05-31"/><value value-date="2021-05-31">-272575</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2021</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-06-30"/><value value-date="2021-06-30">-30273</value><description xml:lang="en"><narrative>Total Interest Repayment in June Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-11-30"/><value value-date="2021-11-30">-337383</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2021</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-12-31"/><value value-date="2021-12-31">-29930</value><description xml:lang="en"><narrative>Total Interest Repayment in December Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-05-31"/><value value-date="2022-05-31">-325975</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2022</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-06-30"/><value value-date="2022-06-30">-28858</value><description xml:lang="en"><narrative>Total Interest Repayment in June Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-11-30"/><value value-date="2022-11-30">-297965</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2022</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-12-31"/><value value-date="2022-12-31">-58303</value><description xml:lang="en"><narrative>Total Interest Repayment in December Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-05-31"/><value value-date="2023-05-31">-369896</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2023</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-06-30"/><value value-date="2023-06-30">-192804</value><description xml:lang="en"><narrative>Total Interest Repayment in June Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-11-30"/><value value-date="2023-11-30">-348747</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2023</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-12-31"/><value value-date="2023-12-31">-385184</value><description xml:lang="en"><narrative>Total Interest Repayment in December Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-05-31"/><value value-date="2024-05-31">-339559</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2024</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-06-30"/><value value-date="2024-06-30">-485557</value><description xml:lang="en"><narrative>Total Interest Repayment in June Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-11-30"/><value value-date="2024-11-30">-313022</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2024</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-12-31"/><value value-date="2024-12-31">-456876</value><description xml:lang="en"><narrative>Total Interest Repayment in December Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-05-31"/><value value-date="2025-05-31">-285517</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2025</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-06-30"/><value value-date="2025-06-30">-385092</value><description xml:lang="en"><narrative>Total Interest Repayment in June Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-11-30"/><value value-date="2025-11-30">-316376</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2025</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-12-31"/><value value-date="2025-12-31">-331851</value><description xml:lang="en"><narrative>Total Interest Repayment in December Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2026-05-31"/><value value-date="2026-05-31">-268803</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2026</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2026-06-30"/><value value-date="2026-06-30">-340972</value><description xml:lang="en"><narrative>Total Interest Repayment in June Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2019-11-30"/><value value-date="2019-11-30">-1469626</value><description xml:lang="en"><narrative>Total Loan Repayment in November Month of 2019</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2020-05-31"/><value value-date="2020-05-31">-1453460</value><description xml:lang="en"><narrative>Total Loan Repayment in May Month of 2020</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2020-11-30"/><value value-date="2020-11-30">-759036</value><description xml:lang="en"><narrative>Total Loan Repayment in November Month of 2020</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2021-05-31"/><value value-date="2021-05-31">-769129</value><description xml:lang="en"><narrative>Total Loan Repayment in May Month of 2021</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2021-11-30"/><value value-date="2021-11-30">-751076</value><description xml:lang="en"><narrative>Total Loan Repayment in November Month of 2021</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2022-05-31"/><value value-date="2022-05-31">-711430</value><description xml:lang="en"><narrative>Total Loan Repayment in May Month of 2022</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2022-11-30"/><value value-date="2022-11-30">-1407035</value><description xml:lang="en"><narrative>Total Loan Repayment in November Month of 2022</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2023-05-31"/><value value-date="2023-05-31">-1435572</value><description xml:lang="en"><narrative>Total Loan Repayment in May Month of 2023</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2023-11-30"/><value value-date="2023-11-30">-1418133</value><description xml:lang="en"><narrative>Total Loan Repayment in November Month of 2023</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2024-05-31"/><value value-date="2024-05-31">-1414894</value><description xml:lang="en"><narrative>Total Loan Repayment in May Month of 2024</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2024-11-30"/><value value-date="2024-11-30">-1403494</value><description xml:lang="en"><narrative>Total Loan Repayment in November Month of 2024</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2025-05-31"/><value value-date="2025-05-31">-1440146</value><description xml:lang="en"><narrative>Total Loan Repayment in May Month of 2025</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2025-11-30"/><value value-date="2025-11-30">-1452562</value><description xml:lang="en"><narrative>Total Loan Repayment in November Month of 2025</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2026-05-31"/><value value-date="2026-05-31">-1460836</value><description xml:lang="en"><narrative>Total Loan Repayment in May Month of 2026</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-12089"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12090"><narrative>Ministry of Justice</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12092"><narrative>National Agency of Public Registry (NAPR)</narrative></receiver-org><flow-type code="10" /><finance-type code="410" /></transaction>
<document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P133828"><title xml:lang="en"><narrative>Contract Awards</narrative></title><category code="A11" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-detail/P133828?lang=en"><title xml:lang="en"><narrative>Project URL</narrative></title><category code="A12" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P133828"><title xml:lang="en"><narrative>Procurement Notices</narrative></title><category code="A10" /></document-link><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Preparation and implementation of  policies, procedures for systematic land registration and NAPR IT system upgrade
</narrative></title>
<baseline year="2014" iso-date="2014-05-23" value="The corpus of registration regulations and procedures in place"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2014-05-23" />
<period-end iso-date="2023-09-30" />
<target value="Prepared and implemented policies and procedures for systematic registration and upgraded NAPR IT System">
<comment><narrative>
&lt;p&amp;gt;&lt;strong&amp;gt;Fully Achieved&lt;/strong&amp;gt;.&amp;nbsp;&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="Prepared and implemented policies and procedures for systematic registration and upgraded NAPR IT System">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Area supplied with optimal irrigation delivery conditions (Hectare(Ha))
</narrative></title>
<baseline year="2022" iso-date="2022-05-30" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-05-30" />
<period-end iso-date="2023-09-30" />
<target value="8750.00">

</target>
<actual value="8092.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Strengthening of the National Agency for Sustainable Land Management and Land Use Monitoring
</narrative></title>
<baseline year="2022" iso-date="2022-04-30" value="Tender documents for the announcement of expression of interest are prepared; tender was announced on October 7, 2021 to identifyand select an international consultant to prepare a concept paper on establishment and integration of the database on land resources"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-04-30" />
<period-end iso-date="2023-09-30" />
<target value="Spatial land use and land management information updated and used for policy analysis">

</target>
<actual value="Achieved 
 Modified version of the CORINE was completed;
 Training module created 
 The employees of the National Agency forSustainable Land Management and Land Use Monitoring (twelve GIS specialists) were trained on the integration of data received frompublic institutions / organizations, or various LEPLs (public registry, wine agency, forestry, protected areas);
 The technicaland software technical specifications necessary for data integration and data management were formed;
 The methods of enteringdata into GIS were defined, guidelines were developed, according to which all employees involved in the project were responsiblefor data integration in GIS.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Farmer Initiative Groups (FIGs) formed
</narrative></title>
<baseline year="2022" iso-date="2022-05-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-05-31" />
<period-end iso-date="2023-09-30" />
<target value="8.00">

</target>
<actual value="8.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Water User Organization Support Units established and operational
</narrative></title>
<baseline year="2022" iso-date="2022-05-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-05-31" />
<period-end iso-date="1900-01-01"/>
<target value="">
<comment><narrative>
&lt;p&amp;gt;&lt;strong&amp;gt;Fully achieved&lt;/strong&amp;gt;.&amp;nbsp;&amp;nbsp;&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="3.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Area provided with irrigation and drainage services (ha)
</narrative></title>
<baseline year="2014" iso-date="2014-05-23" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2014-05-23" />
<period-end iso-date="2023-09-30" />
<target value="17400.00">
<comment><narrative>
&lt;p&amp;gt;&lt;strong&amp;gt;Fully achieved.&amp;nbsp;&amp;nbsp;&lt;/strong&amp;gt;&lt;/p&amp;gt;

&lt;p&amp;gt;&amp;nbsp;&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="17400.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Irrigated area per unit of water supplied for Kwemo Samgori (KS) irrigation scheme (m2/m3, Custom)
</narrative></title>
<baseline year="2022" iso-date="2022-05-31" value="0.57 m2/m3"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-05-31" />
<period-end iso-date="1900-01-01"/>
<target value="">
<comment><narrative>
&lt;p&amp;gt;&lt;strong&amp;gt;Surpassed.&lt;/strong&amp;gt;&amp;nbsp;&amp;nbsp;&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="1.91 m2/m3">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Irrigated area per unit of water supplied for Kwemo Samgori (KS) irrigation scheme (m2/m3, Custom)
</narrative></title>
<baseline year="2022" iso-date="2022-05-31" value="0.57 m2/m3"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-05-31" />
<period-end iso-date="2023-09-30" />
<target value="1.63 m2/m3">

</target>
<actual value="1.82 m2/m3">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
IT System Design Completion
</narrative></title>
<baseline year="2019" iso-date="2019-11-18" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-11-18" />
<period-end iso-date="2023-09-30" />
<target value="100.00">

</target>
<actual value="100.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
ICT Upgrade and Software Development
</narrative></title>
<baseline year="2022" iso-date="2022-05-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-05-31" />
<period-end iso-date="2023-09-30" />
<target value="100.00">

</target>
<actual value="77.23">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Land parcels surveyed in selected areas during nation-wide systematic land registration program
</narrative></title>
<baseline year="2022" iso-date="2022-05-30" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-05-30" />
<period-end iso-date="1900-01-01"/>
<target value="">
<comment><narrative>
&lt;p&amp;gt;&lt;strong&amp;gt;Surpassed&lt;/strong&amp;gt;.&amp;nbsp;&amp;nbsp;&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="462314.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
National irrigation and drainage strategy prepared  and endorsed
</narrative></title>
<baseline year="2014" iso-date="2014-05-23" value="No strategy"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2014-05-23" />
<period-end iso-date="2022-09-30" />
<target value="trategy finalized and endorsed by government">
<comment><narrative>
&lt;p&amp;gt;&lt;strong&amp;gt;Fully achieved.&lt;/strong&amp;gt;&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="Nat. irrigation strategy prepared and endorsed. The National Drainage strategy (the draft version) is prepared">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Land parcels with use or ownership rights recorded in pilot areas
</narrative></title>
<baseline year="2020" iso-date="2020-09-30" value="50600.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-09-30" />
<period-end iso-date="2023-09-30" />
<target value="178000.00">

</target>
<actual value="174095.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Readiness of proposed program for Reservoir Rehabilitation &amp; Construction
</narrative></title>
<baseline year="2019" iso-date="2019-10-31" value="N"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-10-31" />
<period-end iso-date="1900-01-01"/>
<target value="">
<comment><narrative>
&lt;p&amp;gt;Fully achieved.&amp;nbsp;&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="Y">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Irrigated area per unit of water supplied for Zeda Ru (ZR) irrigation scheme (m2/m3, Custom)
</narrative></title>
<baseline year="2022" iso-date="2022-05-31" value="0.79 m2/m3"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-05-31" />
<period-end iso-date="1900-01-01"/>
<target value="">
<comment><narrative>
&lt;p&amp;gt;&lt;strong&amp;gt;Partially achieved.&lt;/strong&amp;gt;&amp;nbsp;The final result is .25&amp;nbsp;m2/m3 below the target&amp;nbsp;and&amp;nbsp;.11 m2/m3 below the baseline.&amp;nbsp;The data depicts the 2023 irrigation season when irrigation rehabilitation for Zeda Ru (ZR) was not complete, and&amp;nbsp;the construction company had created alternative (temporary) earth canals to ensure water supply to farmers during the season. This resulted in water loss, and&amp;nbsp;realistic data is not expected until the end of the 2024 irrigation season. This result is further impacted by the fact that ZR&amp;nbsp;provides all available water to the farmers, with unused water returned to the river basin.&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="0.68 m2/m3">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Farmer Initiative Groups (FIGs) formed
</narrative></title>
<baseline year="2022" iso-date="2022-05-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-05-31" />
<period-end iso-date="1900-01-01"/>
<target value="">
<comment><narrative>
&lt;p&amp;gt;&lt;strong&amp;gt;Fully achieved&lt;/strong&amp;gt;.&amp;nbsp;&amp;nbsp;&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="8.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Readiness of proposed program for Reservoir Rehabilitation &amp; Construction
</narrative></title>
<baseline year="2019" iso-date="2019-10-31" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-10-31" />
<period-end iso-date="2023-09-30" />
<target value="Yes">

</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Strengthening of the National Agency for Sustainable Land Management and Land Use Monitoring
</narrative></title>
<baseline year="2022" iso-date="2022-04-30" value="Tender documents for the announcement of expression of interest are prepared; tender was announced on October 7, 2021 to identify and select an international consultant to prepare a concept paper on establishment and integration of the database on land resources"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-04-30" />
<period-end iso-date="2023-09-30" />
<target value="Strengthening of the National Agency for Sustainable Land Management and Land Use Monitoring">
<comment><narrative>
&lt;p&amp;gt;&lt;strong&amp;gt;Fully Achieved.&amp;nbsp;&lt;/strong&amp;gt;???????&lt;/p&amp;gt;

&lt;p&amp;gt;&amp;nbsp;&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="Strengthening of the National Agency for Sustainable Land Management and Land Use Monitoring">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Complaints received as a result of the systematic registration process and resolved
</narrative></title>
<baseline year="2019" iso-date="2019-10-31" value="99.94"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-10-31" />
<period-end iso-date="2023-09-30" />
<target value="99.95">

</target>
<actual value="99.97">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
IT System Design Completion
</narrative></title>
<baseline year="2019" iso-date="2019-11-18" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-11-18" />
<period-end iso-date="1900-01-01"/>
<target value="">
<comment><narrative>
&lt;p&amp;gt;&lt;strong&amp;gt;Fully achieved&lt;/strong&amp;gt;.&amp;nbsp;&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="100.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Area supplied with optimal irrigation delivery conditions (Hectare(Ha))
</narrative></title>
<baseline year="2022" iso-date="2022-05-30" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-05-30" />
<period-end iso-date="1900-01-01"/>
<target value="">
<comment><narrative>
&lt;p&amp;gt;&lt;strong&amp;gt;Substantially&amp;nbsp;achieved.&amp;nbsp;&amp;nbsp;&lt;/strong&amp;gt;???????&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="8692.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Complaints received as a result of the systematic registration process and resolved
</narrative></title>
<baseline year="2019" iso-date="2019-10-31" value="99.94"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-10-31" />
<period-end iso-date="1900-01-01"/>
<target value="">
<comment><narrative>
&lt;p&amp;gt;&lt;strong&amp;gt;Surpassed.&lt;/strong&amp;gt;&amp;nbsp;&amp;nbsp;&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="99.97">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Target land area with use or ownership rights recorded as a result of the Project
</narrative></title>
<baseline year="2014" iso-date="2014-05-23" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2014-05-23" />
<period-end iso-date="2023-09-30" />
<target value="180000.00">
<comment><narrative>
&lt;p&amp;gt;&lt;strong&amp;gt;Surpassed&lt;/strong&amp;gt;.&amp;nbsp;&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="191377.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Preparation and implementation of  policies, procedures for systematic land registration and NAPR IT system upgrade
</narrative></title>
<baseline year="2014" iso-date="2014-05-23" value="The corpus of registration regulations and procedures in place"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2014-05-23" />
<period-end iso-date="2023-09-30" />
<target value="Prepared and implemented policies and procedures for systematic registration and upgraded NAPR IT system.">

</target>
<actual value="The indicator is achieved. Policies and procedures based on new legislative package prepared initially for Project-relatedSystematic Land Registration Activities have been expanded nationwide as a part of the National Systematic Land RegistrationProgramme. The procedures developed for SLR are now also applicable to the sporadic registrations. 
The new procedures enabled toharmonize and simplify software functionalities supporting the registration process. The Electronic Minutes software supporting SLRprocess has been developed and is currently used. The design of the ICT upgrade overall has been completed, and correspondingdevelopment should be finalized by the Project Closing Date.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Water User Organization Support Units established and operational
</narrative></title>
<baseline year="2022" iso-date="2022-05-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-05-31" />
<period-end iso-date="2023-09-30" />
<target value="3.00">

</target>
<actual value="3.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Irrigated area per unit of water supplied for Zeda Ru (ZR) irrigation scheme (m2/m3, Custom)
</narrative></title>
<baseline year="2022" iso-date="2022-05-31" value="0.79 m2/m3"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-05-31" />
<period-end iso-date="2023-09-30" />
<target value="0.93 m2/m3">

</target>
<actual value="0.73 m2/m3">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Target land area with use or ownership rights recorded as a result of the Project
</narrative></title>
<baseline year="2014" iso-date="2014-05-23" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2014-05-23" />
<period-end iso-date="2023-09-30" />
<target value="180000.00">

</target>
<actual value="191114.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Land parcels surveyed in selected areas during nation-wide systematic land registration program
</narrative></title>
<baseline year="2022" iso-date="2022-05-30" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-05-30" />
<period-end iso-date="2023-09-30" />
<target value="270000.00">

</target>
<actual value="366366.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Target population with use or ownership rights recorded as a result of the Project
</narrative></title>
<baseline year="2014" iso-date="2014-05-23" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2014-05-23" />
<period-end iso-date="1900-01-01"/>
<target value="">
<comment><narrative>
&lt;p&amp;gt;&lt;strong&amp;gt;Surpassed.&lt;/strong&amp;gt;&amp;nbsp;&amp;nbsp;&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="83984.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Land parcels with use or ownership rights recorded in pilot areas
</narrative></title>
<baseline year="2020" iso-date="2020-09-30" value="50600.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-09-30" />
<period-end iso-date="1900-01-01"/>
<target value="">
<comment><narrative>
&lt;p&amp;gt;&lt;strong&amp;gt;Substantially&amp;nbsp;Achieved (97% net of baseline).&amp;nbsp; &amp;nbsp;&lt;/strong&amp;gt;???????&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="174174.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
National irrigation and drainage strategy prepared  and endorsed
</narrative></title>
<baseline year="2014" iso-date="2014-05-23" value="No strategy"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2014-05-23" />
<period-end iso-date="2023-09-30" />
<target value="Strategy finalized and endorsed by government">

</target>
<actual value="National irrigation strategy was prepared and endorsed.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Landowners with access to new and improved irrigation services
</narrative></title>
<baseline year="2014" iso-date="2014-05-23" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2014-05-23" />
<period-end iso-date="1900-01-01"/>
<target value="">
<comment><narrative>
&lt;p&amp;gt;&lt;strong&amp;gt;Surpassed.&amp;nbsp;&lt;/strong&amp;gt;&amp;nbsp;&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="10679.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
ICT Upgrade and Software Development
</narrative></title>
<baseline year="2022" iso-date="2022-05-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-05-31" />
<period-end iso-date="1900-01-01"/>
<target value="">
<comment><narrative>
&lt;p&amp;gt;&lt;strong&amp;gt;Fully Achieved.&lt;/strong&amp;gt;&amp;nbsp;&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="97.00">

</actual>
</period>
</indicator>
</result></iati-activity><iati-activity xml:lang="en" default-currency="USD" last-updated-datetime="2026-09-26T22:16:57" hierarchy="1"><iati-identifier>44000-P147348</iati-identifier><reporting-org ref="44000" type="40"><narrative  xml:lang="en">World Bank</narrative></reporting-org><title xml:lang="en"><narrative>Transmission Grid Strengthening Project</narrative></title><description type="2" xml:lang="en"><narrative><![CDATA[The project development objectives are to provide reliable power transmission to the southwestern part of the grid, upgrade electricity exchange systems, and provide economically efficient, environmentally and socially sustainable electricity sector planning.]]></narrative></description><description type="1" xml:lang="en"><narrative><![CDATA[The development objectives of the Transmission Grid Strengthening Project for Georgia are to provide reliable power transmission to the southwestern part of the grid, upgrade electricity exchange systems, and provide economically efficient, environmentally, and socially sustainable electricity sector planning. The project comprises of four components. The first component, transmission system strengthening will support the construction of a high voltage transmission line from Akhaltsikhe to Batumi through: (i) the supply and installation of a double-circuit, 220 kilo volt (kV) transmission line from Akhaltsikhe high voltage direct current converter station with back-to-back configuration and 500-400-220 kV substation (Akhaltsikhe station) to Batumi 220 kV substation; and (ii) the supervision of the supply and installation of the Akhaltsikhe Batumi transmission line. The second component, wholesale power exchange platform will finance the design, supply, and installation of a power exchange platform including: (i) the provision of hardware and software for metering, balancing, and trading systems; and (ii) supervision of the supply and installation of said platform through the carrying out of small works and the provision of goods and consultants' services. The third component, electricity sector strategic environmental and social assessment will provide consultants' services to prepare a strategic environmental and social assessment for the electricity sector. The fourth component, project management and transmission systems studies will provide consultants' services to assist the project implementing entity for the purposes of: (i) effective management and implementation of project activities; and (ii) the preparation of: (a) a new transmission-system expansion plan, (b) prospective transmission line feasibility studies, and (c) preliminary designs for the prospective transmission lines.]]></narrative></description><participating-org role="1" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org><participating-org role="2" xml:lang="en" ref="GE–P0056582"><narrative>Georgia</narrative></participating-org><participating-org role="3" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org><participating-org role="4" xml:lang="en" ref="GE-COA-0016131"><narrative>Ministry of Finance</narrative></participating-org>
<activity-status code="3" /><activity-date type="1" iso-date="2014-02-28"><narrative>Planned start date of the activity</narrative></activity-date><activity-date type="2" iso-date="2014-05-13"><narrative>Actual start date of the activity</narrative></activity-date><activity-date type="3" iso-date="2023-03-31"><narrative>Planned end date of the activity</narrative></activity-date><activity-date type="4" iso-date="2023-03-31"><narrative>Actual end date of the activity</narrative></activity-date><contact-info type="1"><organisation><narrative>The World Bank</narrative></organisation><person-name><narrative>Gazmend Daci</narrative></person-name><email>pic@worldbank.org</email><mailing-address><narrative>The World Bank, 1818 H Street, NW, Washington, DC 20433 USA</narrative></mailing-address></contact-info>





<recipient-country code="GE" percentage="100"><narrative xml:lang="en">GEORGIA</narrative></recipient-country><location>
            <location-reach code="1" />
            <location-id vocabulary="G1" code="0000611936" />
            <name><narrative>Shuakhevi</narrative></name>
            <point srsName="http://www.opengis.net/def/crs/EPSG/0/4326">
            <pos>41.630001 42.19083</pos>
            </point>
            <exactness code="2"/>
            <location-class code="2" />
        </location><location>
            <location-reach code="1" />
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<budget type="2" status="1">
<period-start iso-date="2022-07-01"/>
<period-end iso-date="2022-07-31"/>
<value currency="USD" value-date="2022-07-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2022-08-01"/>
<period-end iso-date="2022-08-31"/>
<value currency="USD" value-date="2022-08-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2022-09-01"/>
<period-end iso-date="2022-09-30"/>
<value currency="USD" value-date="2022-09-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2022-10-01"/>
<period-end iso-date="2022-10-31"/>
<value currency="USD" value-date="2022-10-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2022-11-01"/>
<period-end iso-date="2022-11-30"/>
<value currency="USD" value-date="2022-11-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2022-12-01"/>
<period-end iso-date="2022-12-31"/>
<value currency="USD" value-date="2022-12-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-01-01"/>
<period-end iso-date="2023-01-31"/>
<value currency="USD" value-date="2023-01-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-02-01"/>
<period-end iso-date="2023-02-28"/>
<value currency="USD" value-date="2023-02-28">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-03-01"/>
<period-end iso-date="2023-03-31"/>
<value currency="USD" value-date="2023-03-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2019-03-01"/>
<period-end iso-date="2023-03-31"/>
<value currency="USD" value-date="2023-03-31">1994403.13</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2019-03-01"/>
<period-end iso-date="2023-03-31"/>
<value currency="USD" value-date="2023-03-31">1994403.13</value>
</budget>
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<transaction><transaction-type code="2" /><transaction-date iso-date="2023-09-30"/><value value-date="2023-09-30">-1994403</value><description xml:lang="en"><narrative>Total Commitment Cancellations in September Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2014-12-31"/><value value-date="2014-12-31">150000</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2014</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2015-02-28"/><value value-date="2015-02-28">600000</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2015-06-30"/><value value-date="2015-06-30">6467535</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2015-07-31"/><value value-date="2015-07-31">24789</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2015-10-31"/><value value-date="2015-10-31">297141</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2015-12-31"/><value value-date="2015-12-31">163953</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-01-31"/><value value-date="2016-01-31">2400000</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-03-31"/><value value-date="2016-03-31">3472824</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-04-30"/><value value-date="2016-04-30">839415</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-07-31"/><value value-date="2016-07-31">5444438</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-08-31"/><value value-date="2016-08-31">2143494</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-09-30"/><value value-date="2016-09-30">1018682</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-10-31"/><value value-date="2016-10-31">847619</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-11-30"/><value value-date="2016-11-30">3410201</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-12-31"/><value value-date="2016-12-31">1662894</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2017-02-28"/><value value-date="2017-02-28">100000</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2017-03-31"/><value value-date="2017-03-31">1868893</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2017-05-31"/><value value-date="2017-05-31">802356</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2017-06-30"/><value value-date="2017-06-30">2850225</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2017-07-31"/><value value-date="2017-07-31">75012</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2017-08-31"/><value value-date="2017-08-31">1266009</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2017-09-30"/><value value-date="2017-09-30">1263788</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2017-11-30"/><value value-date="2017-11-30">1853160</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2017-12-31"/><value value-date="2017-12-31">1461472</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2018-01-31"/><value value-date="2018-01-31">667133</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2018-02-28"/><value value-date="2018-02-28">1026498</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2018-03-31"/><value value-date="2018-03-31">1831012</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2018-06-30"/><value value-date="2018-06-30">1366319</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2018-12-31"/><value value-date="2018-12-31">1426035</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2019-05-31"/><value value-date="2019-05-31">530762</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2019-10-31"/><value value-date="2019-10-31">834668</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2019-11-30"/><value value-date="2019-11-30">426657</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2019-12-31"/><value value-date="2019-12-31">651531</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-06-30"/><value value-date="2020-06-30">987408</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-12-31"/><value value-date="2020-12-31">358508</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-01-31"/><value value-date="2021-01-31">-53412</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-03-31"/><value value-date="2021-03-31">1935894</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-10-31"/><value value-date="2021-10-31">5783516</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-12-31"/><value value-date="2021-12-31">644882</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-06-30"/><value value-date="2022-06-30">596202</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-12-31"/><value value-date="2022-12-31">276306</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-02-28"/><value value-date="2023-02-28">-88692</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-03-31"/><value value-date="2023-03-31">-30</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-06-30"/><value value-date="2023-06-30">-1679500</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2014-12-31"/><value value-date="2014-12-31">-150000</value><description xml:lang="en"><narrative>Total Interest Repayment in December Month of 2014</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2015-05-31"/><value value-date="2015-05-31">-1408</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2015-11-30"/><value value-date="2015-11-30">-25550</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2016-05-31"/><value value-date="2016-05-31">-50674</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2016-11-30"/><value value-date="2016-11-30">-143721</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-05-31"/><value value-date="2017-05-31">-269637</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-11-30"/><value value-date="2017-11-30">-368985</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-05-31"/><value value-date="2018-05-31">-457024</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-11-30"/><value value-date="2018-11-30">-742318</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-05-31"/><value value-date="2019-05-31">-813609</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-11-30"/><value value-date="2019-11-30">-799770</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-05-31"/><value value-date="2020-05-31">-647631</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-11-30"/><value value-date="2020-11-30">-380828</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-05-31"/><value value-date="2021-05-31">-238392</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-11-30"/><value value-date="2021-11-30">-253721</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-05-31"/><value value-date="2022-05-31">-275010</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16131"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16132"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-16133"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
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<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Section from Shuakhevi to Batumi transmission line constructed
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<baseline year="2013" iso-date="2013-12-31" value="0.00"><comment><narrative></narrative></comment></baseline>
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<period-start iso-date="2013-12-31" />
<period-end iso-date="2016-07-28" />
<target value="52.00">

</target>
<actual value="52.54">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
SCADA/EMS updated
</narrative></title>
<baseline year="2016" iso-date="2016-04-30" value="N"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2016-04-30" />
<period-end iso-date="2016-07-28" />
<target value="Y">

</target>
<actual value="Y">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
The results of the least cost planning and strategic environmental assessment have been incorporated into the Government?s hydropower development plan
</narrative></title>
<baseline year="2013" iso-date="2013-12-31" value="N"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2013-12-31" />
<period-end iso-date="2016-07-28" />
<target value="Y">

</target>
<actual value="Y">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Kutaisi Zestaphoni 220 kV line upgraded
</narrative></title>
<baseline year="2016" iso-date="2016-04-30" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2016-04-30" />
<period-end iso-date="2016-07-28" />
<target value="21.00">

</target>
<actual value="21.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Strategic Environmental Impact Assessment prepared based on the feedback from all stakeholders
</narrative></title>
<baseline year="2013" iso-date="2013-12-31" value="N"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2013-12-31" />
<period-end iso-date="2016-07-28" />
<target value="Y">

</target>
<actual value="Y">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Total electricity evacuated from the newly  developed power generation stations in southwestern Georgia through the grid
</narrative></title>
<baseline year="2013" iso-date="2013-12-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2013-12-31" />
<period-end iso-date="2016-07-28" />
<target value="400.00">

</target>
<actual value="443.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Menji Kutaisi line rehabilitated
</narrative></title>
<baseline year="2016" iso-date="2016-04-30" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2016-04-30" />
<period-end iso-date="1900-01-01"/>
<target value="66.00">

</target>
<actual value="66.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Transmission lines constructed or rehabilitated under the project
</narrative></title>
<baseline year="2016" iso-date="2016-03-01" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2016-03-01" />
<period-end iso-date="2016-07-28" />
<target value="244.00">

</target>
<actual value="154.54">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Wholesale power exchange systems updated
</narrative></title>
<baseline year="2013" iso-date="2013-12-31" value="N"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2013-12-31" />
<period-end iso-date="2016-07-28" />
<target value="Y">

</target>
<actual value="Y">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Total duration of outages in Batumi substation
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<baseline year="2014" iso-date="2014-06-01" value="136.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2014-06-01" />
<period-end iso-date="2016-07-28" />
<target value="0.50">

</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Tskaltubo Kutaisi 220 kV line upgraded to double circuit
</narrative></title>
<baseline year="2016" iso-date="2016-04-30" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2016-04-30" />
<period-end iso-date="2016-06-28" />
<target value="15.00">

</target>
<actual value="15.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Power is exchanged (traded) using new exchange platform
</narrative></title>
<baseline year="2013" iso-date="2013-12-31" value="N"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2013-12-31" />
<period-end iso-date="2016-07-28" />
<target value="Y">

</target>
<actual value="Y">

</actual>
</period>
</indicator>
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<budget type="2" status="1">
<period-start iso-date="2020-08-01"/>
<period-end iso-date="2020-08-31"/>
<value currency="USD" value-date="2020-08-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2020-09-01"/>
<period-end iso-date="2020-09-30"/>
<value currency="USD" value-date="2020-09-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2020-10-01"/>
<period-end iso-date="2020-10-31"/>
<value currency="USD" value-date="2020-10-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2020-11-01"/>
<period-end iso-date="2020-11-30"/>
<value currency="USD" value-date="2020-11-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2020-12-01"/>
<period-end iso-date="2020-12-31"/>
<value currency="USD" value-date="2020-12-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2021-01-01"/>
<period-end iso-date="2021-01-31"/>
<value currency="USD" value-date="2021-01-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2021-02-01"/>
<period-end iso-date="2021-02-28"/>
<value currency="USD" value-date="2021-02-28">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2021-03-01"/>
<period-end iso-date="2021-03-31"/>
<value currency="USD" value-date="2021-03-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2021-04-01"/>
<period-end iso-date="2021-04-30"/>
<value currency="USD" value-date="2021-04-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2021-05-01"/>
<period-end iso-date="2021-05-31"/>
<value currency="USD" value-date="2021-05-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2021-06-01"/>
<period-end iso-date="2021-06-30"/>
<value currency="USD" value-date="2021-06-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2021-07-01"/>
<period-end iso-date="2021-07-31"/>
<value currency="USD" value-date="2021-07-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2021-08-01"/>
<period-end iso-date="2021-08-31"/>
<value currency="USD" value-date="2021-08-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2021-09-01"/>
<period-end iso-date="2021-09-30"/>
<value currency="USD" value-date="2021-09-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2021-10-01"/>
<period-end iso-date="2021-10-31"/>
<value currency="USD" value-date="2021-10-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2021-11-01"/>
<period-end iso-date="2021-11-30"/>
<value currency="USD" value-date="2021-11-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2021-12-01"/>
<period-end iso-date="2021-12-31"/>
<value currency="USD" value-date="2021-12-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2022-01-01"/>
<period-end iso-date="2022-01-31"/>
<value currency="USD" value-date="2022-01-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2022-02-01"/>
<period-end iso-date="2022-02-28"/>
<value currency="USD" value-date="2022-02-28">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2022-03-01"/>
<period-end iso-date="2022-03-31"/>
<value currency="USD" value-date="2022-03-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2022-04-01"/>
<period-end iso-date="2022-04-30"/>
<value currency="USD" value-date="2022-04-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2022-05-01"/>
<period-end iso-date="2022-05-31"/>
<value currency="USD" value-date="2022-05-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2022-06-01"/>
<period-end iso-date="2022-06-30"/>
<value currency="USD" value-date="2022-06-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2022-07-01"/>
<period-end iso-date="2022-07-31"/>
<value currency="USD" value-date="2022-07-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2022-08-01"/>
<period-end iso-date="2022-08-31"/>
<value currency="USD" value-date="2022-08-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2022-09-01"/>
<period-end iso-date="2022-09-30"/>
<value currency="USD" value-date="2022-09-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2022-10-01"/>
<period-end iso-date="2022-10-31"/>
<value currency="USD" value-date="2022-10-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2022-11-01"/>
<period-end iso-date="2022-11-30"/>
<value currency="USD" value-date="2022-11-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2022-12-01"/>
<period-end iso-date="2022-12-31"/>
<value currency="USD" value-date="2022-12-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-01-01"/>
<period-end iso-date="2023-01-31"/>
<value currency="USD" value-date="2023-01-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-02-01"/>
<period-end iso-date="2023-02-28"/>
<value currency="USD" value-date="2023-02-28">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-03-01"/>
<period-end iso-date="2023-03-31"/>
<value currency="USD" value-date="2023-03-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-04-01"/>
<period-end iso-date="2023-04-30"/>
<value currency="USD" value-date="2023-04-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-05-01"/>
<period-end iso-date="2023-05-31"/>
<value currency="USD" value-date="2023-05-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-06-01"/>
<period-end iso-date="2023-06-30"/>
<value currency="USD" value-date="2023-06-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-07-01"/>
<period-end iso-date="2023-07-31"/>
<value currency="USD" value-date="2023-07-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-08-01"/>
<period-end iso-date="2023-08-31"/>
<value currency="USD" value-date="2023-08-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-09-01"/>
<period-end iso-date="2023-09-30"/>
<value currency="USD" value-date="2023-09-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-10-01"/>
<period-end iso-date="2023-10-31"/>
<value currency="USD" value-date="2023-10-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-11-01"/>
<period-end iso-date="2023-11-30"/>
<value currency="USD" value-date="2023-11-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-12-01"/>
<period-end iso-date="2023-12-31"/>
<value currency="USD" value-date="2023-12-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-01-01"/>
<period-end iso-date="2024-01-31"/>
<value currency="USD" value-date="2024-01-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-02-01"/>
<period-end iso-date="2024-02-29"/>
<value currency="USD" value-date="2024-02-29">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-03-01"/>
<period-end iso-date="2024-03-31"/>
<value currency="USD" value-date="2024-03-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-04-01"/>
<period-end iso-date="2024-04-30"/>
<value currency="USD" value-date="2024-04-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-05-01"/>
<period-end iso-date="2024-05-31"/>
<value currency="USD" value-date="2024-05-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-06-01"/>
<period-end iso-date="2024-06-30"/>
<value currency="USD" value-date="2024-06-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-07-01"/>
<period-end iso-date="2024-07-31"/>
<value currency="USD" value-date="2024-07-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-08-01"/>
<period-end iso-date="2024-08-31"/>
<value currency="USD" value-date="2024-08-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-09-01"/>
<period-end iso-date="2024-09-30"/>
<value currency="USD" value-date="2024-09-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-10-01"/>
<period-end iso-date="2024-10-31"/>
<value currency="USD" value-date="2024-10-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-11-01"/>
<period-end iso-date="2024-11-30"/>
<value currency="USD" value-date="2024-11-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-12-01"/>
<period-end iso-date="2024-12-31"/>
<value currency="USD" value-date="2024-12-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-08-01"/>
<period-end iso-date="2024-08-30"/>
<value currency="USD" value-date="2024-08-30">0.00</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2024-08-01"/>
<period-end iso-date="2024-08-30"/>
<value currency="USD" value-date="2024-08-30">0.00</value>
</budget>
<capital-spend percentage="100" /><transaction><transaction-type code="2" /><transaction-date iso-date="2014-07-31"/><value value-date="2014-07-31">30000000</value><description xml:lang="en"><narrative>Total Commitment in July Month of 2014</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="2" /><transaction-date iso-date="2020-05-31"/><value value-date="2020-05-31">40600000</value><description xml:lang="en"><narrative>Total Commitment in May Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2014-12-31"/><value value-date="2014-12-31">2075000</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2014</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2015-05-31"/><value value-date="2015-05-31">726234</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2015-06-30"/><value value-date="2015-06-30">1188599</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2015-09-30"/><value value-date="2015-09-30">1926215</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2015-12-31"/><value value-date="2015-12-31">1980856</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-05-31"/><value value-date="2016-05-31">1357531</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-07-31"/><value value-date="2016-07-31">1901874</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-11-30"/><value value-date="2016-11-30">1972917</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2017-06-30"/><value value-date="2017-06-30">1518694</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2017-10-31"/><value value-date="2017-10-31">193047</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2017-11-30"/><value value-date="2017-11-30">1029938</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2018-04-30"/><value value-date="2018-04-30">709547</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2018-06-30"/><value value-date="2018-06-30">688540</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2018-10-31"/><value value-date="2018-10-31">433425</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2018-12-31"/><value value-date="2018-12-31">266159</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2019-01-31"/><value value-date="2019-01-31">1712432</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2019-05-31"/><value value-date="2019-05-31">753301</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2019-06-30"/><value value-date="2019-06-30">43059</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2019-07-31"/><value value-date="2019-07-31">69872</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2019-09-30"/><value value-date="2019-09-30">1567072</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2019-12-31"/><value value-date="2019-12-31">783209</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-02-29"/><value value-date="2020-02-29">446855</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-03-31"/><value value-date="2020-03-31">191442</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-06-30"/><value value-date="2020-06-30">905873</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-08-31"/><value value-date="2020-08-31">109756</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-09-30"/><value value-date="2020-09-30">790094</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-10-31"/><value value-date="2020-10-31">51463</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-11-30"/><value value-date="2020-11-30">104235</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-12-31"/><value value-date="2020-12-31">17244</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-04-30"/><value value-date="2021-04-30">546437</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-06-30"/><value value-date="2021-06-30">720206</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-07-31"/><value value-date="2021-07-31">118937</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-10-31"/><value value-date="2021-10-31">339842</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-10-31"/><value value-date="2021-10-31">32513</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-11-30"/><value value-date="2021-11-30">1705693</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-12-31"/><value value-date="2021-12-31">101444</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-12-31"/><value value-date="2021-12-31">2378281</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-01-31"/><value value-date="2022-01-31">646225</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-03-31"/><value value-date="2022-03-31">641429</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-04-30"/><value value-date="2022-04-30">2027526</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-06-30"/><value value-date="2022-06-30">2161648</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-08-31"/><value value-date="2022-08-31">2081579</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-09-30"/><value value-date="2022-09-30">1935881</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-10-31"/><value value-date="2022-10-31">0</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-11-30"/><value value-date="2022-11-30">1836444</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-12-31"/><value value-date="2022-12-31">5115073</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-01-31"/><value value-date="2023-01-31">0</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-02-28"/><value value-date="2023-02-28">105977</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-03-31"/><value value-date="2023-03-31">2226061</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-04-30"/><value value-date="2023-04-30">170300</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-04-30"/><value value-date="2023-04-30">-114384</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-05-31"/><value value-date="2023-05-31">87473</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-06-30"/><value value-date="2023-06-30">140674</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-06-30"/><value value-date="2023-06-30">1770513</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-08-31"/><value value-date="2023-08-31">1994612</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-08-31"/><value value-date="2023-08-31">135802</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-09-30"/><value value-date="2023-09-30">328682</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-09-30"/><value value-date="2023-09-30">1999936</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-10-31"/><value value-date="2023-10-31">1043109</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-11-30"/><value value-date="2023-11-30">925104</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-11-30"/><value value-date="2023-11-30">120343</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-12-31"/><value value-date="2023-12-31">255486</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-12-31"/><value value-date="2023-12-31">5226211</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-02-29"/><value value-date="2024-02-29">971149</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-03-31"/><value value-date="2024-03-31">523824</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-05-31"/><value value-date="2024-05-31">1530513</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-06-30"/><value value-date="2024-06-30">343600</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-07-31"/><value value-date="2024-07-31">135066</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-08-31"/><value value-date="2024-08-31">72608</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-08-31"/><value value-date="2024-08-31">12389</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-09-30"/><value value-date="2024-09-30">17971</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-09-30"/><value value-date="2024-09-30">1641993</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-10-31"/><value value-date="2024-10-31">112252</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2014-12-31"/><value value-date="2014-12-31">-75000</value><description xml:lang="en"><narrative>Total Interest Repayment in December Month of 2014</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2015-05-31"/><value value-date="2015-05-31">-6577</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2015-11-30"/><value value-date="2015-11-30">-18162</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2016-05-31"/><value value-date="2016-05-31">-47109</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2016-11-30"/><value value-date="2016-11-30">-80803</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-05-31"/><value value-date="2017-05-31">-123624</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-11-30"/><value value-date="2017-11-30">-153827</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-05-31"/><value value-date="2018-05-31">-181690</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-11-30"/><value value-date="2018-11-30">-281962</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-05-31"/><value value-date="2019-05-31">-343306</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-11-30"/><value value-date="2019-11-30">-344648</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-05-31"/><value value-date="2020-05-31">-311456</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-08-31"/><value value-date="2020-08-31">-109756</value><description xml:lang="en"><narrative>Total Interest Repayment in August Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-11-30"/><value value-date="2020-11-30">-35608</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-11-30"/><value value-date="2020-11-30">-171033</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-05-31"/><value value-date="2021-05-31">-55964</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-05-31"/><value value-date="2021-05-31">-122218</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-11-30"/><value value-date="2021-11-30">-53995</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-11-30"/><value value-date="2021-11-30">-125215</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-05-31"/><value value-date="2022-05-31">-139528</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-05-31"/><value value-date="2022-05-31">-53003</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-11-30"/><value value-date="2022-11-30">-459045</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-11-30"/><value value-date="2022-11-30">-143684</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-05-31"/><value value-date="2023-05-31">-785447</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-05-31"/><value value-date="2023-05-31">-417444</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-11-30"/><value value-date="2023-11-30">-926120</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-11-30"/><value value-date="2023-11-30">-526939</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-05-31"/><value value-date="2024-05-31">-744799</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-05-31"/><value value-date="2024-05-31">-988649</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-11-30"/><value value-date="2024-11-30">-745122</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-11-30"/><value value-date="2024-11-30">-984880</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-05-31"/><value value-date="2025-05-31">-875353</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-05-31"/><value value-date="2025-05-31">-809509</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-11-30"/><value value-date="2025-11-30">-861315</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-11-30"/><value value-date="2025-11-30">-784831</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2026-05-31"/><value value-date="2026-05-31">-660135</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2026-05-31"/><value value-date="2026-05-31">-863539</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2024-11-30"/><value value-date="2024-11-30">-998402</value><description xml:lang="en"><narrative>Total Loan Repayment in November Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2025-05-31"/><value value-date="2025-05-31">-999020</value><description xml:lang="en"><narrative>Total Loan Repayment in May Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2025-11-30"/><value value-date="2025-11-30">-999020</value><description xml:lang="en"><narrative>Total Loan Repayment in November Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2026-05-31"/><value value-date="2026-05-31">-999020</value><description xml:lang="en"><narrative>Total Loan Repayment in May Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16336"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P147521"><title xml:lang="en"><narrative>Contract Awards</narrative></title><category code="A11" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-detail/P147521?lang=en"><title xml:lang="en"><narrative>Project URL</narrative></title><category code="A12" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P147521"><title xml:lang="en"><narrative>Procurement Notices</narrative></title><category code="A10" /></document-link><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Women participation in decision-making processes for investment screening, prioritization and selection
</narrative></title>
<baseline year="2020" iso-date="2020-03-29" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-03-29" />
<period-end iso-date="2024-08-26" />
<target value="30.00">
<comment><narrative>
The target value was achieved.
</narrative></comment>
</target>
<actual value="32">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of LSGs with improved asset management system
</narrative></title>
<baseline year="2013" iso-date="2013-12-29" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2013-12-29" />
<period-end iso-date="2024-08-28" />
<target value="70.00">
<comment><narrative>
The target value was achieved.
</narrative></comment>
</target>
<actual value="78">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of LSGs with staff that can plan and manage LSG assets
</narrative></title>
<baseline year="2013" iso-date="2013-12-27" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2013-12-27" />
<period-end iso-date="2024-08-26" />
<target value="70.00">
<comment><narrative>
The target value was achieved.
</narrative></comment>
</target>
<actual value="78">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
People provided with improved urban living conditions
</narrative></title>
<baseline year="2020" iso-date="2020-03-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-03-31" />
<period-end iso-date="2024-08-28" />
<target value="450,000.00">
<comment><narrative>
The target value was achieved.
</narrative></comment>
</target>
<actual value="451,066">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Wastewater network rehabilitated
</narrative></title>
<baseline year="2014" iso-date="2014-06-26" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2014-06-26" />
<period-end iso-date="2024-08-26" />
<target value="16.00">
<comment><narrative>
The target value was achieved.
</narrative></comment>
</target>
<actual value="16.25">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Average number of hours per day of piped water service in selected municipalities
</narrative></title>
<baseline year="2013" iso-date="2013-12-29" value="7.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2013-12-29" />
<period-end iso-date="2024-08-28" />
<target value="24.00">
<comment><narrative>
The target value was  achieved.
</narrative></comment>
</target>
<actual value="24.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of LSGs with established PCM systems and procedures
</narrative></title>
<baseline year="2013" iso-date="2013-12-27" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2013-12-27" />
<period-end iso-date="2024-08-26" />
<target value="70.00">
<comment><narrative>
The target value was achieved.
</narrative></comment>
</target>
<actual value="85">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of LSGs with staff that can operate budgeting and accounting systems
</narrative></title>
<baseline year="2013" iso-date="2013-12-27" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2013-12-27" />
<period-end iso-date="2024-08-26" />
<target value="70.00">
<comment><narrative>
The target value was achieved.
</narrative></comment>
</target>
<actual value="90">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Public facilities rehabilitated
</narrative></title>
<baseline year="2014" iso-date="2014-06-26" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2014-06-26" />
<period-end iso-date="2024-08-26" />
<target value="26.00">
<comment><narrative>
The target value was almost fully achieved, with 24 out 26 facilities completed. Two of the initially planned facilities, one kindergarten and one theatre, were eventually removed from the list of sub-projects to be financed. The kindergarten in Kutaisi was assessed as being part of cultural heritage, and the necessary rehabilitation works were no longer feasible under the Project. The rehabilitation of the Theatre in Zestafoni required more financial resources than initially anticipated, which went beyond what the Project could cover.
</narrative></comment>
</target>
<actual value="24.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Water supply pipes rehabilitated
</narrative></title>
<baseline year="2014" iso-date="2014-06-26" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2014-06-26" />
<period-end iso-date="2024-08-26" />
<target value="210.00">
<comment><narrative>
The target value was achieved.
</narrative></comment>
</target>
<actual value="627.65">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of LSGs with staff that can operate PCM systems
</narrative></title>
<baseline year="2013" iso-date="2013-12-27" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2013-12-27" />
<period-end iso-date="2024-08-26" />
<target value="70.00">
<comment><narrative>
The target value was achieved.
</narrative></comment>
</target>
<actual value="83">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Roads rehabilitated
</narrative></title>
<baseline year="2013" iso-date="2013-12-27" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2013-12-27" />
<period-end iso-date="2024-08-26" />
<target value="110.00">
<comment><narrative>
The target value was achieved.
</narrative></comment>
</target>
<actual value="159.81">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of LSGs with functioning, budgeting and accounting systems
</narrative></title>
<baseline year="2013" iso-date="2013-12-27" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2013-12-27" />
<period-end iso-date="2024-08-26" />
<target value="70.00">
<comment><narrative>
The target value was achieved.
</narrative></comment>
</target>
<actual value="90">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Citizens/beneficiaries reporting that engagement processes are effective and respond to their feedback
</narrative></title>
<baseline year="2020" iso-date="2020-03-15" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-03-15" />
<period-end iso-date="2024-08-26" />
<target value="70.00">
<comment><narrative>
The target value was achieved.
</narrative></comment>
</target>
<actual value="77.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of LSGs with established asset planning and management systems
</narrative></title>
<baseline year="2013" iso-date="2013-12-27" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2013-12-27" />
<period-end iso-date="2024-08-26" />
<target value="70.00">
<comment><narrative>
The target value was achieved.
</narrative></comment>
</target>
<actual value="94">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Citizens/beneficiaries reporting that investment decisions represented their views and met their needs
</narrative></title>
<baseline year="2020" iso-date="2020-03-15" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-03-15" />
<period-end iso-date="2024-08-26" />
<target value="70.00">
<comment><narrative>
The target value was achieved.
</narrative></comment>
</target>
<actual value="98">

</actual>
</period>
</indicator>
</result></iati-activity><iati-activity xml:lang="en" default-currency="USD" last-updated-datetime="2026-09-26T22:16:57" hierarchy="1"><iati-identifier>44000-P148048</iati-identifier><reporting-org ref="44000" type="40"><narrative  xml:lang="en">World Bank</narrative></reporting-org><title xml:lang="en"><narrative>Third Secondary and Local Roads Project</narrative></title><description type="2" xml:lang="en"><narrative><![CDATA[The Project Development Objectives (PDO) are to reduce transport costs on project roads and improve the sustainability of road asset management in the secondary and local project road network.]]></narrative></description><description type="1" xml:lang="en"><narrative><![CDATA[The Third Secondary and Local Roads Project of Georgia objectives are to reduce transport costs on project roads and improve the sustainability of road asset management in the secondary and local project road network. The project consists of three components the first being rehabilitation and improvement of secondary and local roads. This component will finance (i) the rehabilitation of secondary and local roads, and (ii) consultancy services for the supervision of civil works and preparation of designs. The second component is capacity building and strengthening in local and secondary roads management. This component will aim at (i) building the capacity of the MRDI to provide technical oversight in local roads asset management, and (ii) further strengthening the RD?s capacity in secondary roads asset management. The third component is road safety technical assistance. This component will use a safe systems approach (i.e., engineering, education, enforcement and emergency services) and will finance a ?Safe Village? program on and along three local roads in Imereti Region, which are to be rehabilitated under the Third SLRP. This component will finance implementation of (i) additional road safety engineering measures (e.g., sidewalks, pedestrian crossing, installation of speed bumps, barriers, blinking traffic lights near schools and other public places) outside the scope of rehabilitation or improvement works, (ii) education and publicity campaigns targeting residents living along these three local roads and other road users, (iii) technical assistance (e.g., equipment and/or training) to patrol police to monitor and enforce safety rules on these local roads, and (iv) technical assistance (e.g., equipment and/or training) to emergency services operating to timely and effectively respond to road accidents and reduce the risk of fatalities on these local roads. In case of savings during the implementation of ?Safe Village? program in Imereti region, additional engineering measures may be suggested and implemented in another project region.]]></narrative></description><participating-org role="1" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org><participating-org role="2" xml:lang="en" ref="GE–P0016916"><narrative>GEORGIA</narrative></participating-org><participating-org role="2" xml:lang="en" ref="GE–P0016916"><narrative>GEORGIA</narrative></participating-org><participating-org role="3" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org><participating-org role="4" xml:lang="en" ref="GE-COA-0016917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></participating-org>
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<budget type="2" status="1">
<period-start iso-date="2018-03-01"/>
<period-end iso-date="2018-03-31"/>
<value currency="USD" value-date="2018-03-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2018-04-01"/>
<period-end iso-date="2018-04-30"/>
<value currency="USD" value-date="2018-04-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2018-05-01"/>
<period-end iso-date="2018-05-31"/>
<value currency="USD" value-date="2018-05-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2018-06-01"/>
<period-end iso-date="2018-06-30"/>
<value currency="USD" value-date="2018-06-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2018-07-01"/>
<period-end iso-date="2018-07-31"/>
<value currency="USD" value-date="2018-07-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2018-08-01"/>
<period-end iso-date="2018-08-31"/>
<value currency="USD" value-date="2018-08-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2018-09-01"/>
<period-end iso-date="2018-09-30"/>
<value currency="USD" value-date="2018-09-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2018-10-01"/>
<period-end iso-date="2018-10-31"/>
<value currency="USD" value-date="2018-10-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2018-11-01"/>
<period-end iso-date="2018-11-30"/>
<value currency="USD" value-date="2018-11-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2018-12-01"/>
<period-end iso-date="2018-12-31"/>
<value currency="USD" value-date="2018-12-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2019-01-01"/>
<period-end iso-date="2019-01-31"/>
<value currency="USD" value-date="2019-01-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2019-02-01"/>
<period-end iso-date="2019-02-28"/>
<value currency="USD" value-date="2019-02-28">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2019-03-01"/>
<period-end iso-date="2019-03-31"/>
<value currency="USD" value-date="2019-03-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2019-04-01"/>
<period-end iso-date="2019-04-30"/>
<value currency="USD" value-date="2019-04-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2019-05-01"/>
<period-end iso-date="2019-05-31"/>
<value currency="USD" value-date="2019-05-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2019-06-01"/>
<period-end iso-date="2019-06-30"/>
<value currency="USD" value-date="2019-06-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2019-07-01"/>
<period-end iso-date="2019-07-31"/>
<value currency="USD" value-date="2019-07-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2019-08-01"/>
<period-end iso-date="2019-08-31"/>
<value currency="USD" value-date="2019-08-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2019-09-01"/>
<period-end iso-date="2019-09-30"/>
<value currency="USD" value-date="2019-09-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2019-10-01"/>
<period-end iso-date="2019-10-31"/>
<value currency="USD" value-date="2019-10-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2019-11-01"/>
<period-end iso-date="2019-11-30"/>
<value currency="USD" value-date="2019-11-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2019-12-01"/>
<period-end iso-date="2019-12-31"/>
<value currency="USD" value-date="2019-12-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2020-01-01"/>
<period-end iso-date="2020-01-31"/>
<value currency="USD" value-date="2020-01-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2020-02-01"/>
<period-end iso-date="2020-02-29"/>
<value currency="USD" value-date="2020-02-29">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2020-03-01"/>
<period-end iso-date="2020-03-31"/>
<value currency="USD" value-date="2020-03-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2020-04-01"/>
<period-end iso-date="2020-04-30"/>
<value currency="USD" value-date="2020-04-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2020-05-01"/>
<period-end iso-date="2020-05-31"/>
<value currency="USD" value-date="2020-05-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2020-06-01"/>
<period-end iso-date="2020-06-30"/>
<value currency="USD" value-date="2020-06-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2020-07-01"/>
<period-end iso-date="2020-07-31"/>
<value currency="USD" value-date="2020-07-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2020-08-01"/>
<period-end iso-date="2020-08-31"/>
<value currency="USD" value-date="2020-08-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2020-09-01"/>
<period-end iso-date="2020-09-30"/>
<value currency="USD" value-date="2020-09-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2020-10-01"/>
<period-end iso-date="2020-10-31"/>
<value currency="USD" value-date="2020-10-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2020-11-01"/>
<period-end iso-date="2020-11-30"/>
<value currency="USD" value-date="2020-11-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2020-12-01"/>
<period-end iso-date="2020-12-31"/>
<value currency="USD" value-date="2020-12-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2021-01-01"/>
<period-end iso-date="2021-01-31"/>
<value currency="USD" value-date="2021-01-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2021-02-01"/>
<period-end iso-date="2021-02-28"/>
<value currency="USD" value-date="2021-02-28">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2021-03-01"/>
<period-end iso-date="2021-03-31"/>
<value currency="USD" value-date="2021-03-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2021-04-01"/>
<period-end iso-date="2021-04-30"/>
<value currency="USD" value-date="2021-04-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2021-05-01"/>
<period-end iso-date="2021-05-31"/>
<value currency="USD" value-date="2021-05-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2021-06-01"/>
<period-end iso-date="2021-06-30"/>
<value currency="USD" value-date="2021-06-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2021-07-01"/>
<period-end iso-date="2021-07-31"/>
<value currency="USD" value-date="2021-07-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2021-08-01"/>
<period-end iso-date="2021-08-31"/>
<value currency="USD" value-date="2021-08-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2021-09-01"/>
<period-end iso-date="2021-09-30"/>
<value currency="USD" value-date="2021-09-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2018-09-01"/>
<period-end iso-date="2021-12-31"/>
<value currency="USD" value-date="2021-12-31">4173293.65</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2018-09-01"/>
<period-end iso-date="2021-12-31"/>
<value currency="USD" value-date="2021-12-31">4173293.65</value>
</budget>
<capital-spend percentage="100" /><transaction><transaction-type code="2" /><transaction-date iso-date="2014-07-31"/><value value-date="2014-07-31">75000000</value><description xml:lang="en"><narrative>Total Commitment in July Month of 2014</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="2" /><transaction-date iso-date="2022-07-31"/><value value-date="2022-07-31">-4173294</value><description xml:lang="en"><narrative>Total Commitment Cancellations in July Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2014-10-31"/><value value-date="2014-10-31">4187500</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2014</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2015-02-28"/><value value-date="2015-02-28">3682181</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2015-07-31"/><value value-date="2015-07-31">3044498</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2015-10-31"/><value value-date="2015-10-31">3614366</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2015-12-31"/><value value-date="2015-12-31">1417669</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-03-31"/><value value-date="2016-03-31">993252</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-05-31"/><value value-date="2016-05-31">1298538</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-06-30"/><value value-date="2016-06-30">1323658</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-08-31"/><value value-date="2016-08-31">2467794</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-09-30"/><value value-date="2016-09-30">1948943</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-10-31"/><value value-date="2016-10-31">1569809</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-12-31"/><value value-date="2016-12-31">1273412</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2017-01-31"/><value value-date="2017-01-31">3038356</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2017-06-30"/><value value-date="2017-06-30">2111895</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2017-09-30"/><value value-date="2017-09-30">2554483</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2017-12-31"/><value value-date="2017-12-31">5008651</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2018-06-30"/><value value-date="2018-06-30">3568795</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2018-09-30"/><value value-date="2018-09-30">2533734</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2018-12-31"/><value value-date="2018-12-31">2104143</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2019-03-31"/><value value-date="2019-03-31">2768931</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2019-05-31"/><value value-date="2019-05-31">3094824</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2019-06-30"/><value value-date="2019-06-30">1964543</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2019-08-31"/><value value-date="2019-08-31">1493129</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2019-09-30"/><value value-date="2019-09-30">4462543</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2019-10-31"/><value value-date="2019-10-31">345078</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2019-11-30"/><value value-date="2019-11-30">1208287</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2019-12-31"/><value value-date="2019-12-31">199025</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-08-31"/><value value-date="2020-08-31">273897</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-09-30"/><value value-date="2020-09-30">320155</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-10-31"/><value value-date="2020-10-31">851399</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-11-30"/><value value-date="2020-11-30">353928</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-12-31"/><value value-date="2020-12-31">822180</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-01-31"/><value value-date="2021-01-31">127608</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-02-28"/><value value-date="2021-02-28">486304</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-03-31"/><value value-date="2021-03-31">1396821</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-04-30"/><value value-date="2021-04-30">362091</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-05-31"/><value value-date="2021-05-31">523221</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-06-30"/><value value-date="2021-06-30">892981</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-08-31"/><value value-date="2021-08-31">727827</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-09-30"/><value value-date="2021-09-30">266811</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-10-31"/><value value-date="2021-10-31">111946</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-11-30"/><value value-date="2021-11-30">201556</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-12-31"/><value value-date="2021-12-31">-176134</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-02-28"/><value value-date="2022-02-28">1558</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-05-31"/><value value-date="2022-05-31">4522</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2014-10-31"/><value value-date="2014-10-31">-187500</value><description xml:lang="en"><narrative>Total Interest Repayment in October Month of 2014</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2015-06-30"/><value value-date="2015-06-30">-32453</value><description xml:lang="en"><narrative>Total Interest Repayment in June Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2015-12-31"/><value value-date="2015-12-31">-52011</value><description xml:lang="en"><narrative>Total Interest Repayment in December Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2016-06-30"/><value value-date="2016-06-30">-113122</value><description xml:lang="en"><narrative>Total Interest Repayment in June Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2016-12-31"/><value value-date="2016-12-31">-168618</value><description xml:lang="en"><narrative>Total Interest Repayment in December Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-06-30"/><value value-date="2017-06-30">-286940</value><description xml:lang="en"><narrative>Total Interest Repayment in June Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-12-31"/><value value-date="2017-12-31">-351138</value><description xml:lang="en"><narrative>Total Interest Repayment in December Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-06-30"/><value value-date="2018-06-30">-486246</value><description xml:lang="en"><narrative>Total Interest Repayment in June Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-12-31"/><value value-date="2018-12-31">-716118</value><description xml:lang="en"><narrative>Total Interest Repayment in December Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-06-30"/><value value-date="2019-06-30">-887183</value><description xml:lang="en"><narrative>Total Interest Repayment in June Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-12-31"/><value value-date="2019-12-31">-905435</value><description xml:lang="en"><narrative>Total Interest Repayment in December Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-06-30"/><value value-date="2020-06-30">-833476</value><description xml:lang="en"><narrative>Total Interest Repayment in June Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-12-31"/><value value-date="2020-12-31">-360314</value><description xml:lang="en"><narrative>Total Interest Repayment in December Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-06-30"/><value value-date="2021-06-30">-322620</value><description xml:lang="en"><narrative>Total Interest Repayment in June Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-12-31"/><value value-date="2021-12-31">-315336</value><description xml:lang="en"><narrative>Total Interest Repayment in December Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-06-30"/><value value-date="2022-06-30">-369098</value><description xml:lang="en"><narrative>Total Interest Repayment in June Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-12-31"/><value value-date="2022-12-31">-1313768</value><description xml:lang="en"><narrative>Total Interest Repayment in December Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-06-30"/><value value-date="2023-06-30">-2013809</value><description xml:lang="en"><narrative>Total Interest Repayment in June Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-12-31"/><value value-date="2023-12-31">-2242541</value><description xml:lang="en"><narrative>Total Interest Repayment in December Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-06-30"/><value value-date="2024-06-30">-2352175</value><description xml:lang="en"><narrative>Total Interest Repayment in June Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-12-31"/><value value-date="2024-12-31">-2268428</value><description xml:lang="en"><narrative>Total Interest Repayment in December Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-06-30"/><value value-date="2025-06-30">-1907171</value><description xml:lang="en"><narrative>Total Interest Repayment in June Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-12-31"/><value value-date="2025-12-31">-1819783</value><description xml:lang="en"><narrative>Total Interest Repayment in December Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2026-06-30"/><value value-date="2026-06-30">-1547245</value><description xml:lang="en"><narrative>Total Interest Repayment in June Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2024-12-31"/><value value-date="2024-12-31">-2358529</value><description xml:lang="en"><narrative>Total Loan Repayment in December Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2025-06-30"/><value value-date="2025-06-30">-2358529</value><description xml:lang="en"><narrative>Total Loan Repayment in June Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2025-12-31"/><value value-date="2025-12-31">-2358529</value><description xml:lang="en"><narrative>Total Loan Repayment in December Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2026-06-30"/><value value-date="2026-06-30">-2358529</value><description xml:lang="en"><narrative>Total Loan Repayment in June Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-16917"><narrative>Road Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P148048"><title xml:lang="en"><narrative>Contract Awards</narrative></title><category code="A11" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-detail/P148048?lang=en"><title xml:lang="en"><narrative>Project URL</narrative></title><category code="A12" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P148048"><title xml:lang="en"><narrative>Procurement Notices</narrative></title><category code="A10" /></document-link><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Road safety engineering improvements implemented in Imereti and Shida Kartli Regions
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PDO Indicator 
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Reduction in vehicle operating costs for cars, GEL/km
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Intermediate Results Indicator 
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Increase in annual rehabilitation/maintenance budget allocations (GEL/km) for secondary roads by 4.5% a year
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Intermediate Results Indicator 
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MRDI's active role in coordination of preparation of Annual Programs by Municipalities based on the Guidelines
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Intermediate Results Indicator 
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MRDI's active role in coordination of preparation of Annual Programs by Municipalities based on the Guidelines
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PDO Indicator 
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Improved condition of project roads, IRI
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PDO Indicator 
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Reduction in travel time measured by a proxy variable = average vehicle speed, km/hour
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<title><narrative>
Intermediate Results Indicator 
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Roads in good and fair condition as a share of total classified roads
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<period-end iso-date="2020-06-30" />
<target value="66.38">

</target>
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<title><narrative>
Intermediate Results Indicator 
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Length (km) of rehabilitated local roads
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PDO Indicator 
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Reduction in vehicle operating costs for trucks, GEL/km
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PDO Indicator 
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Reduction in travel time measured by a proxy variable = average vehicle speed, km/hour
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Intermediate Results Indicator 
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Length (km) of rehabilitated secondary roads
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Intermediate Results Indicator 
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Length (km) of rehabilitated local roads
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Intermediate Results Indicator 
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Length (km) of rehabilitated secondary roads
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Intermediate Results Indicator 
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Road safety engineering improvements implemented in Imereti and Shida Kartli Regions
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PDO Indicator 
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Reduction in vehicle operating costs for cars, GEL/km
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PDO Indicator 
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Improved condition of project roads, IRI
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<title><narrative>
Intermediate Results Indicator 
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Increase in annual rehabilitation/maintenance budget allocations (GEL/km) for secondary roads by 4.5% a year
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PDO Indicator 
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Reduction in vehicle operating costs for trucks, GEL/km
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<value currency="USD" value-date="2022-10-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2022-11-01"/>
<period-end iso-date="2022-11-30"/>
<value currency="USD" value-date="2022-11-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2022-12-01"/>
<period-end iso-date="2022-12-31"/>
<value currency="USD" value-date="2022-12-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-01-01"/>
<period-end iso-date="2023-01-31"/>
<value currency="USD" value-date="2023-01-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-02-01"/>
<period-end iso-date="2023-02-28"/>
<value currency="USD" value-date="2023-02-28">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-03-01"/>
<period-end iso-date="2023-03-31"/>
<value currency="USD" value-date="2023-03-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-04-01"/>
<period-end iso-date="2023-04-30"/>
<value currency="USD" value-date="2023-04-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-05-01"/>
<period-end iso-date="2023-05-31"/>
<value currency="USD" value-date="2023-05-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-06-01"/>
<period-end iso-date="2023-06-30"/>
<value currency="USD" value-date="2023-06-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-07-01"/>
<period-end iso-date="2023-07-31"/>
<value currency="USD" value-date="2023-07-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-08-01"/>
<period-end iso-date="2023-08-31"/>
<value currency="USD" value-date="2023-08-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-09-01"/>
<period-end iso-date="2023-09-30"/>
<value currency="USD" value-date="2023-09-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-10-01"/>
<period-end iso-date="2023-10-31"/>
<value currency="USD" value-date="2023-10-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-11-01"/>
<period-end iso-date="2023-11-30"/>
<value currency="USD" value-date="2023-11-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-12-01"/>
<period-end iso-date="2023-12-31"/>
<value currency="USD" value-date="2023-12-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-01-01"/>
<period-end iso-date="2024-01-31"/>
<value currency="USD" value-date="2024-01-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-02-01"/>
<period-end iso-date="2024-02-29"/>
<value currency="USD" value-date="2024-02-29">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-03-01"/>
<period-end iso-date="2024-03-31"/>
<value currency="USD" value-date="2024-03-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-04-01"/>
<period-end iso-date="2024-04-30"/>
<value currency="USD" value-date="2024-04-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-05-01"/>
<period-end iso-date="2024-05-31"/>
<value currency="USD" value-date="2024-05-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-06-01"/>
<period-end iso-date="2024-06-30"/>
<value currency="USD" value-date="2024-06-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-07-01"/>
<period-end iso-date="2024-07-31"/>
<value currency="USD" value-date="2024-07-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-08-01"/>
<period-end iso-date="2024-08-31"/>
<value currency="USD" value-date="2024-08-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-09-01"/>
<period-end iso-date="2024-09-30"/>
<value currency="USD" value-date="2024-09-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-10-01"/>
<period-end iso-date="2024-10-31"/>
<value currency="USD" value-date="2024-10-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2019-12-01"/>
<period-end iso-date="2024-10-30"/>
<value currency="USD" value-date="2024-10-30">478112.62</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2019-12-01"/>
<period-end iso-date="2024-10-30"/>
<value currency="USD" value-date="2024-10-30">478112.62</value>
</budget>
<capital-spend percentage="100" /><transaction><transaction-type code="2" /><transaction-date iso-date="2015-07-31"/><value value-date="2015-07-31">60000000</value><description xml:lang="en"><narrative>Total Commitment in July Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2015-10-31"/><value value-date="2015-10-31">150000</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2015-12-31"/><value value-date="2015-12-31">5000000</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-10-31"/><value value-date="2016-10-31">1499727</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2017-03-31"/><value value-date="2017-03-31">865318</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2017-09-30"/><value value-date="2017-09-30">372978</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2017-12-31"/><value value-date="2017-12-31">183425</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2018-08-31"/><value value-date="2018-08-31">2825096</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2018-10-31"/><value value-date="2018-10-31">3963166</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2018-12-31"/><value value-date="2018-12-31">217447</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2019-01-31"/><value value-date="2019-01-31">2189361</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2019-06-30"/><value value-date="2019-06-30">1250666</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2019-10-31"/><value value-date="2019-10-31">1783921</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2019-12-31"/><value value-date="2019-12-31">1213235</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-03-31"/><value value-date="2020-03-31">99998</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-06-30"/><value value-date="2020-06-30">2292414</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-07-31"/><value value-date="2020-07-31">33055</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-09-30"/><value value-date="2020-09-30">535673</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-11-30"/><value value-date="2020-11-30">18810</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-01-31"/><value value-date="2021-01-31">52693</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-03-31"/><value value-date="2021-03-31">1180696</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-04-30"/><value value-date="2021-04-30">90</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-05-31"/><value value-date="2021-05-31">18771</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-06-30"/><value value-date="2021-06-30">2431275</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-08-31"/><value value-date="2021-08-31">43830</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-10-31"/><value value-date="2021-10-31">111486</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-12-31"/><value value-date="2021-12-31">1841506</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-02-28"/><value value-date="2022-02-28">1138146</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-03-31"/><value value-date="2022-03-31">97058</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-04-30"/><value value-date="2022-04-30">354640</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-06-30"/><value value-date="2022-06-30">1501020</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-07-31"/><value value-date="2022-07-31">1117854</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-09-30"/><value value-date="2022-09-30">529775</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-10-31"/><value value-date="2022-10-31">3505929</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-12-31"/><value value-date="2022-12-31">3987638</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-02-28"/><value value-date="2023-02-28">3002462</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-06-30"/><value value-date="2023-06-30">2169545</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-08-31"/><value value-date="2023-08-31">797616</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-09-30"/><value value-date="2023-09-30">1909513</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-10-31"/><value value-date="2023-10-31">4605363</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-12-31"/><value value-date="2023-12-31">2477542</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-03-31"/><value value-date="2024-03-31">325397</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-04-30"/><value value-date="2024-04-30">80780</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-06-30"/><value value-date="2024-06-30">2135399</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-07-31"/><value value-date="2024-07-31">73111</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2025-03-31"/><value value-date="2025-03-31">14417</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2026-05-31"/><value value-date="2026-05-31">-475957</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2015-10-31"/><value value-date="2015-10-31">-150000</value><description xml:lang="en"><narrative>Total Interest Repayment in October Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2015-12-31"/><value value-date="2015-12-31">-28704</value><description xml:lang="en"><narrative>Total Interest Repayment in December Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2016-06-30"/><value value-date="2016-06-30">-110617</value><description xml:lang="en"><narrative>Total Interest Repayment in June Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2016-12-31"/><value value-date="2016-12-31">-115424</value><description xml:lang="en"><narrative>Total Interest Repayment in December Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-06-30"/><value value-date="2017-06-30">-148971</value><description xml:lang="en"><narrative>Total Interest Repayment in June Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-12-31"/><value value-date="2017-12-31">-158479</value><description xml:lang="en"><narrative>Total Interest Repayment in December Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-06-30"/><value value-date="2018-06-30">-175768</value><description xml:lang="en"><narrative>Total Interest Repayment in June Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-12-31"/><value value-date="2018-12-31">-235257</value><description xml:lang="en"><narrative>Total Interest Repayment in December Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-06-30"/><value value-date="2019-06-30">-407984</value><description xml:lang="en"><narrative>Total Interest Repayment in June Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-12-31"/><value value-date="2019-12-31">-363370</value><description xml:lang="en"><narrative>Total Interest Repayment in December Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-06-30"/><value value-date="2020-06-30">-371661</value><description xml:lang="en"><narrative>Total Interest Repayment in June Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-12-31"/><value value-date="2020-12-31">-217254</value><description xml:lang="en"><narrative>Total Interest Repayment in December Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-06-30"/><value value-date="2021-06-30">-201633</value><description xml:lang="en"><narrative>Total Interest Repayment in June Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-12-31"/><value value-date="2021-12-31">-210247</value><description xml:lang="en"><narrative>Total Interest Repayment in December Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-06-30"/><value value-date="2022-06-30">-245658</value><description xml:lang="en"><narrative>Total Interest Repayment in June Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-12-31"/><value value-date="2022-12-31">-723507</value><description xml:lang="en"><narrative>Total Interest Repayment in December Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-06-30"/><value value-date="2023-06-30">-1367250</value><description xml:lang="en"><narrative>Total Interest Repayment in June Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-12-31"/><value value-date="2023-12-31">-1633264</value><description xml:lang="en"><narrative>Total Interest Repayment in December Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-06-30"/><value value-date="2024-06-30">-2054345</value><description xml:lang="en"><narrative>Total Interest Repayment in June Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-12-31"/><value value-date="2024-12-31">-2007864</value><description xml:lang="en"><narrative>Total Interest Repayment in December Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-06-30"/><value value-date="2025-06-30">-1762053</value><description xml:lang="en"><narrative>Total Interest Repayment in June Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-12-31"/><value value-date="2025-12-31">-1742897</value><description xml:lang="en"><narrative>Total Interest Repayment in December Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2026-06-30"/><value value-date="2026-06-30">-1547048</value><description xml:lang="en"><narrative>Total Interest Repayment in June Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-19730"><narrative>Georgia Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P150696"><title xml:lang="en"><narrative>Contract Awards</narrative></title><category code="A11" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-detail/P150696?lang=en"><title xml:lang="en"><narrative>Project URL</narrative></title><category code="A12" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P150696"><title xml:lang="en"><narrative>Procurement Notices</narrative></title><category code="A10" /></document-link><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of museums refurbished
</narrative></title>
<baseline year="2015" iso-date="2015-04-09" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2015-04-09" />
<period-end iso-date="2024-10-28" />
<target value="3.00">
<comment><narrative>
The target value for this indicator has been achieved.
</narrative></comment>
</target>
<actual value="3">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of jobs created by the Project activities linked to the RDP 3
</narrative></title>
<baseline year="2015" iso-date="2015-04-09" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2015-04-09" />
<period-end iso-date="2024-10-28" />
<target value="2,000.00">
<comment><narrative>
The target value for this indicator has been exceeded.
</narrative></comment>
</target>
<actual value="2,816">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Grievances registered related to delivery of project benefits addressed
</narrative></title>
<baseline year="2015" iso-date="2015-04-09" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2015-04-09" />
<period-end iso-date="2024-10-28" />
<target value="100.00">
<comment><narrative>
The target value for this indicator has been achieved.
</narrative></comment>
</target>
<actual value="100.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Direct project beneficiaries
</narrative></title>
<baseline year="2015" iso-date="2015-04-09" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2015-04-09" />
<period-end iso-date="2024-10-28" />
<target value="33,684.00">
<comment><narrative>
The target value for this indicator has been achieved.
</narrative></comment>
</target>
<actual value="33,684">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Grievances responded to and/or resolved within one month of being filed
</narrative></title>
<baseline year="2015" iso-date="2015-04-11" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2015-04-11" />
<period-end iso-date="2024-10-30" />
<target value="100.00">
<comment><narrative>
The target value for this indicator has been achieved.
</narrative></comment>
</target>
<actual value="100.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Grievances responded to and/or resolved within one month of being filed
</narrative></title>
<baseline year="2015" iso-date="2015-04-09" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2015-04-09" />
<period-end iso-date="2024-10-28" />
<target value="100.00">
<comment><narrative>
The target value for this indicator has been achieved.
</narrative></comment>
</target>
<actual value="100.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of beneficiaries of skills development training provided by the Project, disaggregated by gender
</narrative></title>
<baseline year="2015" iso-date="2015-04-09" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2015-04-09" />
<period-end iso-date="2024-10-28" />
<target value="467.00">
<comment><narrative>
The target value for this indicator has been achieved.
</narrative></comment>
</target>
<actual value="467.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of  street lighting posts and bulbs replaced
</narrative></title>
<baseline year="2015" iso-date="2015-04-11" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2015-04-11" />
<period-end iso-date="2024-10-30" />
<target value="760.00">
<comment><narrative>
Expected to reach 760 and therefore, meet the set target, subject to completion of ongoing activities by the project closing.
</narrative></comment>
</target>
<actual value="674">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of Parks upgraded
</narrative></title>
<baseline year="2015" iso-date="2015-04-11" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2015-04-11" />
<period-end iso-date="2024-10-30" />
<target value="4.00">
<comment><narrative>
The target value for this indicator has been achieved.
</narrative></comment>
</target>
<actual value="3">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Increased volume of private sector investments in targeted area (GEL, millions)
</narrative></title>
<baseline year="2015" iso-date="2015-04-11" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2015-04-11" />
<period-end iso-date="2024-10-30" />
<target value="66.00">
<comment><narrative>
The target value for this indicator has been exceeded
</narrative></comment>
</target>
<actual value="74">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Grievances registered related to delivery of project benefits addressed
</narrative></title>
<baseline year="2015" iso-date="2015-04-11" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2015-04-11" />
<period-end iso-date="2024-10-30" />
<target value="100.00">
<comment><narrative>
The target value for this indicator has been achieved.
</narrative></comment>
</target>
<actual value="100.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of people provided with on-the-job training in tourism management
</narrative></title>
<baseline year="2015" iso-date="2015-04-15" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2015-04-15" />
<period-end iso-date="2024-10-30" />
<target value="30.00">
<comment><narrative>
The target value for this indicator has been exceeded
</narrative></comment>
</target>
<actual value="35.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Improved access roads to selected tourism attraction sites
</narrative></title>
<baseline year="2015" iso-date="2015-04-09" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2015-04-09" />
<period-end iso-date="2024-10-28" />
<target value="41.00">
<comment><narrative>
The target value for this indicator has been exceeded.
</narrative></comment>
</target>
<actual value="43.40">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of houses restored
</narrative></title>
<baseline year="2015" iso-date="2015-04-09" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2015-04-09" />
<period-end iso-date="2024-10-28" />
<target value="58.00">
<comment><narrative>
The target value for this indicator has been reached.
</narrative></comment>
</target>
<actual value="58">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of people provided with on-the-job training in tourism management
</narrative></title>
<baseline year="2015" iso-date="2015-04-13" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2015-04-13" />
<period-end iso-date="2024-10-28" />
<target value="30.00">
<comment><narrative>
The target value for this indicator has been exceeded
</narrative></comment>
</target>
<actual value="35.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Management plans operationalized for museums and cultural heritage sites (Number)
</narrative></title>
<baseline year="2015" iso-date="2015-04-08" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2015-04-08" />
<period-end iso-date="2024-10-27" />
<target value="3.00">
<comment><narrative>
The Project enabled the operationalization of one museum management plan for Mtskheta Museum. The Project also supported development of the museum management plans for Kazbegi Historical Museum and Abastumani Observatory Museum, but these two plans are still to be put into operation at the time of ICR.
</narrative></comment>
</target>
<actual value="1">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Increased volume of private sector investments in targeted area (GEL, millions)
</narrative></title>
<baseline year="2015" iso-date="2015-04-08" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2015-04-08" />
<period-end iso-date="2024-10-27" />
<target value="66.00">
<comment><narrative>
The target value for this indicator has been exceeded
</narrative></comment>
</target>
<actual value="259">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of  street lighting posts and bulbs replaced
</narrative></title>
<baseline year="2015" iso-date="2015-04-09" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2015-04-09" />
<period-end iso-date="2024-10-28" />
<target value="760.00">
<comment><narrative>
The target value for this indicator has been exceeded.
</narrative></comment>
</target>
<actual value="1,028">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of houses restored
</narrative></title>
<baseline year="2015" iso-date="2015-04-11" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2015-04-11" />
<period-end iso-date="2024-10-30" />
<target value="58.00">
<comment><narrative>
Expected to reach 58 and meet the set target, subject to completion of ongoing activities by the project closing.
</narrative></comment>
</target>
<actual value="52">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Piped household water connections that are benefiting from rehabilitation works undertaken by the project
</narrative></title>
<baseline year="2015" iso-date="2015-04-11" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2015-04-11" />
<period-end iso-date="2024-10-30" />
<target value="420.00">
<comment><narrative>
The target value for this indicator has been achieved.
</narrative></comment>
</target>
<actual value="420">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of jobs created by the Project activities linked to the RDP 3
</narrative></title>
<baseline year="2015" iso-date="2015-04-11" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2015-04-11" />
<period-end iso-date="2024-10-30" />
<target value="2,000.00">
<comment><narrative>
The target value for this indicator has been exceeded.
</narrative></comment>
</target>
<actual value="2,816">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Increased number of local visitors at selected project sites
</narrative></title>
<baseline year="2015" iso-date="2015-04-08" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2015-04-08" />
<period-end iso-date="2024-10-27" />
<target value="25.00">
<comment><narrative>
The target value for this indicator has been exceeded.
</narrative></comment>
</target>
<actual value="69">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Increased number of local visitors at selected project sites
</narrative></title>
<baseline year="2015" iso-date="2015-04-11" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2015-04-11" />
<period-end iso-date="2024-10-30" />
<target value="25.00">
<comment><narrative>
The M&amp;E Consultant is finalizing the M&amp;E study. During the mission, based on the early findings of the final M&amp;E report, this indicator is expected to be met. The final confirmed number will be included in the ICR.
</narrative></comment>
</target>
<actual value="0">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of tourism facilities constructed at cultural heritage sites along the tourist circuit
</narrative></title>
<baseline year="2015" iso-date="2015-04-11" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2015-04-11" />
<period-end iso-date="2024-10-30" />
<target value="8.00">
<comment><narrative>
Expected to reach the set target of 9, subject to completion of ongoing activities by the project closing.
</narrative></comment>
</target>
<actual value="6">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of functioning destination organizations in the project area, supported under the Project
</narrative></title>
<baseline year="2015" iso-date="2015-04-11" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2015-04-11" />
<period-end iso-date="2024-10-30" />
<target value="1.00">
<comment><narrative>
The target value for this indicator has been achieved
</narrative></comment>
</target>
<actual value="1">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of museums refurbished
</narrative></title>
<baseline year="2015" iso-date="2015-04-11" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2015-04-11" />
<period-end iso-date="2024-10-30" />
<target value="3.00">
<comment><narrative>
This indicator is on track to be achieved during the ICR preparation period. Two museums have been refurbished, while one is nearing completion.
</narrative></comment>
</target>
<actual value="2.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of functioning destination organizations in the project area, supported under the Project
</narrative></title>
<baseline year="2015" iso-date="2015-04-08" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2015-04-08" />
<period-end iso-date="2024-10-27" />
<target value="1.00">
<comment><narrative>
The target value for this indicator has been achieved.
</narrative></comment>
</target>
<actual value="1">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of Parks upgraded
</narrative></title>
<baseline year="2015" iso-date="2015-04-09" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2015-04-09" />
<period-end iso-date="2024-10-28" />
<target value="4.00">
<comment><narrative>
The target value for this indicator has been achieved.
</narrative></comment>
</target>
<actual value="4">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Improved access roads to selected tourism attraction sites
</narrative></title>
<baseline year="2015" iso-date="2015-04-11" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2015-04-11" />
<period-end iso-date="2024-10-30" />
<target value="41.00">
<comment><narrative>
The target value for this indicator has been achieved.
</narrative></comment>
</target>
<actual value="43.40">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of tourism facilities constructed at cultural heritage sites along the tourist circuit
</narrative></title>
<baseline year="2015" iso-date="2015-04-09" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2015-04-09" />
<period-end iso-date="2024-10-28" />
<target value="8.00">
<comment><narrative>
The target value for this indicator has been exceeded.
</narrative></comment>
</target>
<actual value="9">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
New or rehabilitated urban public spaces in selected municipalities (Square Meter(m2))
</narrative></title>
<baseline year="2015" iso-date="2015-04-13" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2015-04-13" />
<period-end iso-date="2024-10-28" />
<target value="95,000.00">
<comment><narrative>
The target value for this indicator has been exceeded.
</narrative></comment>
</target>
<actual value="511,917">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Piped household water connections that are benefiting from rehabilitation works undertaken by the project
</narrative></title>
<baseline year="2015" iso-date="2015-04-09" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2015-04-09" />
<period-end iso-date="2024-10-28" />
<target value="420.00">
<comment><narrative>
The target value for this indicator has been achieved.
</narrative></comment>
</target>
<actual value="420">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Direct project beneficiaries
</narrative></title>
<baseline year="2015" iso-date="2015-04-11" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2015-04-11" />
<period-end iso-date="2024-10-30" />
<target value="33,684.00">
<comment><narrative>
Expected to reach 33,684.00 beneficiaries and meet the set target, subject to completion of ongoing activities by the project closing.
</narrative></comment>
</target>
<actual value="32,205.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
New or rehabilitated urban public spaces in selected municipalities (Square Meter(m2))
</narrative></title>
<baseline year="2015" iso-date="2015-04-15" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2015-04-15" />
<period-end iso-date="2024-10-30" />
<target value="95,000.00">
<comment><narrative>
The target value for this indicator is on track to reach the set target of 277,877.00 square meters.
</narrative></comment>
</target>
<actual value="153,413">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of beneficiaries of skills development training provided by the Project, disaggregated by gender
</narrative></title>
<baseline year="2015" iso-date="2015-04-11" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2015-04-11" />
<period-end iso-date="2024-10-30" />
<target value="467.00">
<comment><narrative>
The target value for this indicator has been achieved.
</narrative></comment>
</target>
<actual value="467.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Management plans operationalized for museums and cultural heritage sites (Number)
</narrative></title>
<baseline year="2015" iso-date="2015-04-11" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2015-04-11" />
<period-end iso-date="2024-10-30" />
<target value="3.00">
<comment><narrative>
Given the delays with the Ministry of Culture approvals of the TA outputs produced by the PIU's consultants, there is a high risk that this indicator will only be partially achieved, and out of three targeted museums, only two will become operational during the ICR preparation time.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result></iati-activity><iati-activity xml:lang="en" default-currency="USD" last-updated-datetime="2026-09-26T22:16:57" hierarchy="1"><iati-identifier>44000-P152441</iati-identifier><reporting-org ref="44000" type="40"><narrative  xml:lang="en">World Bank</narrative></reporting-org><title xml:lang="en"><narrative>Georgia National Innovation Ecosystem (GENIE) Project</narrative></title><description type="2" xml:lang="en"><narrative><![CDATA[ The PDO is to increase innovative activities of firms and individuals in the Borrower&amp;#39;s territory and their participation inthe digital economy. ]]></narrative></description><description type="1" xml:lang="en"><narrative><![CDATA[The development objective of the National Innovation Ecosystem (GENIE) Project for Georgia is to increase innovative activities of firms and individuals in the Borrower's territory and their participation in the digital economy. The project comprises of four components. The first component, innovation infrastructure will: (a) develop a network of innovation hubs and innovation centers in selected cities, towns, and villages of the Borrower, as set forth in the project operations manual; (b) design a broadband-for-development (BfD) program to support the increase in adoption and use of broadband internet services and advanced information technology by eligible households and eligible micro, small, and medium enterprises (MSMEs), with a focus on rural areas, inter alia, by providing BfD payments and related training, and preparation of the BfD program manual; and (c) pilot, and, as applicable, implement the BfD program, and provide BfD payments and related training. The second component, innovation services will deliver services, many in coordination with the community innovation centers (CICs) and regional innovation hubs (RIHs), tailored to project beneficiaries at various stages and levels of the innovation ecosystem. The third component, innovation financing supports the: (a) provision of matching grants, selection of eligible MSMEs for receipt of matching grants, and supervision of matching grants; (b) provision of technical assistance to eligible MSMEs to prepare and implement sub-projects (with the matching grants); and (c) provision of technical assistance to stimulate alternative forms of innovation financing and investment in the digital economy. The fourth component, project implementation support will aim to ensure efficient and effective implementation of all project components.]]></narrative></description><participating-org role="1" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org><participating-org role="2" xml:lang="en" ref="GE–P0021792"><narrative>Ministry of Economy and Sustainable Development</narrative></participating-org><participating-org role="2" xml:lang="en" ref="GE–P0021792"><narrative>Ministry of Economy and Sustainable Development</narrative></participating-org><participating-org role="2" xml:lang="en" ref="GE–P0021792"><narrative>Ministry of Economy and Sustainable Development</narrative></participating-org><participating-org role="2" xml:lang="en" ref="GE–P0021794"><narrative>Ministry of Finance</narrative></participating-org><participating-org role="2" xml:lang="en" ref="GE–P0021794"><narrative>Ministry of Finance</narrative></participating-org><participating-org role="2" xml:lang="en" ref="GE–P0021794"><narrative>Ministry of Finance</narrative></participating-org><participating-org role="3" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org><participating-org role="4" xml:lang="en" ref="GE-COA-0021793"><narrative>Georgia's Innovation and Technology Agency</narrative></participating-org>
<activity-status code="3" /><activity-date type="1" iso-date="2015-06-12"><narrative>Planned start date of the activity</narrative></activity-date><activity-date type="2" iso-date="2016-03-18"><narrative>Actual start date of the activity</narrative></activity-date><activity-date type="3" iso-date="2023-03-31"><narrative>Planned end date of the activity</narrative></activity-date><activity-date type="4" iso-date="2023-03-31"><narrative>Actual end date of the activity</narrative></activity-date><contact-info type="1"><organisation><narrative>The World Bank</narrative></organisation><person-name><narrative>Ifeyinwa Uchenna Nwando Bonheur</narrative></person-name><telephone>+1-202-473-1000</telephone><email>ibonheur@worldbank.org</email><email>pic@worldbank.org</email><mailing-address><narrative>The World Bank, 1818 H Street, NW, Washington, DC 20433 USA</narrative></mailing-address></contact-info>













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<capital-spend percentage="100" /><transaction><transaction-type code="2" /><transaction-date iso-date="2016-03-31"/><value value-date="2016-03-31">40000000</value><description xml:lang="en"><narrative>Total Commitment in March Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-21793"><narrative>Georgia's Innovation and Technology Agency</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-21795"><narrative>Shota Rustaveli National Science Foundation</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="2" /><transaction-date iso-date="2019-11-30"/><value value-date="2019-11-30">-16500000</value><description xml:lang="en"><narrative>Total Commitment Cancellations in November Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-21793"><narrative>Georgia's Innovation and Technology Agency</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-21795"><narrative>Shota Rustaveli National Science Foundation</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="2" /><transaction-date iso-date="2024-09-30"/><value value-date="2024-09-30">-1229507</value><description xml:lang="en"><narrative>Total Commitment Cancellations in September Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-21793"><narrative>Georgia's Innovation and Technology Agency</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-21795"><narrative>Shota Rustaveli National Science Foundation</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-07-31"/><value value-date="2016-07-31">100000</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-21793"><narrative>Georgia's Innovation and Technology Agency</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-21795"><narrative>Shota Rustaveli National Science Foundation</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-09-30"/><value value-date="2016-09-30">500000</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-21793"><narrative>Georgia's Innovation and Technology Agency</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-21795"><narrative>Shota Rustaveli National Science Foundation</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2017-06-30"/><value value-date="2017-06-30">1600000</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-21793"><narrative>Georgia's Innovation and Technology Agency</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-21795"><narrative>Shota Rustaveli National Science Foundation</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2018-08-31"/><value value-date="2018-08-31">1000000</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-21793"><narrative>Georgia's Innovation and Technology Agency</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-21795"><narrative>Shota Rustaveli National Science Foundation</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2019-02-28"/><value value-date="2019-02-28">2000000</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-21793"><narrative>Georgia's Innovation and Technology Agency</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-21795"><narrative>Shota Rustaveli National Science Foundation</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2019-11-30"/><value value-date="2019-11-30">1000000</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-21793"><narrative>Georgia's Innovation and Technology Agency</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-21795"><narrative>Shota Rustaveli National Science Foundation</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-03-31"/><value value-date="2020-03-31">2000000</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-21793"><narrative>Georgia's Innovation and Technology Agency</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-21795"><narrative>Shota Rustaveli National Science Foundation</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-04-30"/><value value-date="2020-04-30">400000</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-21793"><narrative>Georgia's Innovation and Technology Agency</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-21795"><narrative>Shota Rustaveli National Science Foundation</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-07-31"/><value value-date="2020-07-31">2000000</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-21793"><narrative>Georgia's Innovation and Technology Agency</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-21795"><narrative>Shota Rustaveli National Science Foundation</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-08-31"/><value value-date="2020-08-31">786993</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-21793"><narrative>Georgia's Innovation and Technology Agency</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-21795"><narrative>Shota Rustaveli National Science Foundation</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-11-30"/><value value-date="2020-11-30">3000000</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-21793"><narrative>Georgia's Innovation and Technology Agency</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-21795"><narrative>Shota Rustaveli National Science Foundation</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-12-31"/><value value-date="2020-12-31">794587</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-21793"><narrative>Georgia's Innovation and Technology Agency</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-21795"><narrative>Shota Rustaveli National Science Foundation</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-03-31"/><value value-date="2021-03-31">386475</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-21793"><narrative>Georgia's Innovation and Technology Agency</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-21795"><narrative>Shota Rustaveli National Science Foundation</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-04-30"/><value value-date="2021-04-30">380033</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-21793"><narrative>Georgia's Innovation and Technology Agency</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-21795"><narrative>Shota Rustaveli National Science Foundation</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-06-30"/><value value-date="2021-06-30">3560000</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-21793"><narrative>Georgia's Innovation and Technology Agency</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-21795"><narrative>Shota Rustaveli National Science Foundation</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-02-28"/><value value-date="2022-02-28">3500000</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-21793"><narrative>Georgia's Innovation and Technology Agency</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-21795"><narrative>Shota Rustaveli National Science Foundation</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-02-28"/><value value-date="2023-02-28">-174530</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-21793"><narrative>Georgia's Innovation and Technology Agency</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-21795"><narrative>Shota Rustaveli National Science Foundation</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-12-31"/><value value-date="2023-12-31">-563065</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-21793"><narrative>Georgia's Innovation and Technology Agency</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-21795"><narrative>Shota Rustaveli National Science Foundation</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2016-07-31"/><value value-date="2016-07-31">-100000</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-21793"><narrative>Georgia's Innovation and Technology Agency</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-21795"><narrative>Shota Rustaveli National Science Foundation</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-03-31"/><value value-date="2017-03-31">-85869</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-21793"><narrative>Georgia's Innovation and Technology Agency</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-21795"><narrative>Shota Rustaveli National Science Foundation</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-09-30"/><value value-date="2017-09-30">-65133</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-21793"><narrative>Georgia's Innovation and Technology Agency</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-21795"><narrative>Shota Rustaveli National Science Foundation</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-03-31"/><value value-date="2018-03-31">-73519</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-21793"><narrative>Georgia's Innovation and Technology Agency</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-21795"><narrative>Shota Rustaveli National Science Foundation</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-09-30"/><value value-date="2018-09-30">-84124</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-21793"><narrative>Georgia's Innovation and Technology Agency</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-21795"><narrative>Shota Rustaveli National Science Foundation</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-03-31"/><value value-date="2019-03-31">-104577</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-21793"><narrative>Georgia's Innovation and Technology Agency</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-21795"><narrative>Shota Rustaveli National Science Foundation</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-09-30"/><value value-date="2019-09-30">-147778</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-21793"><narrative>Georgia's Innovation and Technology Agency</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-21795"><narrative>Shota Rustaveli National Science Foundation</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-03-31"/><value value-date="2020-03-31">-84761</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-21793"><narrative>Georgia's Innovation and Technology Agency</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-21795"><narrative>Shota Rustaveli National Science Foundation</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-09-30"/><value value-date="2020-09-30">-100733</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-21793"><narrative>Georgia's Innovation and Technology Agency</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-21795"><narrative>Shota Rustaveli National Science Foundation</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-03-31"/><value value-date="2021-03-31">-100467</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-21793"><narrative>Georgia's Innovation and Technology Agency</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-21795"><narrative>Shota Rustaveli National Science Foundation</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-09-30"/><value value-date="2021-09-30">-118075</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-21793"><narrative>Georgia's Innovation and Technology Agency</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-21795"><narrative>Shota Rustaveli National Science Foundation</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-03-31"/><value value-date="2022-03-31">-120326</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-21793"><narrative>Georgia's Innovation and Technology Agency</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-21795"><narrative>Shota Rustaveli National Science Foundation</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-09-30"/><value value-date="2022-09-30">-253553</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-21793"><narrative>Georgia's Innovation and Technology Agency</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-21795"><narrative>Shota Rustaveli National Science Foundation</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-03-31"/><value value-date="2023-03-31">-642048</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-21793"><narrative>Georgia's Innovation and Technology Agency</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-21795"><narrative>Shota Rustaveli National Science Foundation</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-09-30"/><value value-date="2023-09-30">-710641</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-21793"><narrative>Georgia's Innovation and Technology Agency</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-21795"><narrative>Shota Rustaveli National Science Foundation</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-03-31"/><value value-date="2024-03-31">-778066</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-21793"><narrative>Georgia's Innovation and Technology Agency</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-21795"><narrative>Shota Rustaveli National Science Foundation</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-09-30"/><value value-date="2024-09-30">-778684</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-21793"><narrative>Georgia's Innovation and Technology Agency</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-21795"><narrative>Shota Rustaveli National Science Foundation</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-03-31"/><value value-date="2025-03-31">-679108</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-21793"><narrative>Georgia's Innovation and Technology Agency</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-21795"><narrative>Shota Rustaveli National Science Foundation</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-09-30"/><value value-date="2025-09-30">-660211</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-21793"><narrative>Georgia's Innovation and Technology Agency</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-21795"><narrative>Shota Rustaveli National Science Foundation</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2026-03-31"/><value value-date="2026-03-31">-602688</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-21793"><narrative>Georgia's Innovation and Technology Agency</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-21795"><narrative>Shota Rustaveli National Science Foundation</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P152441"><title xml:lang="en"><narrative>Contract Awards</narrative></title><category code="A11" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-detail/P152441?lang=en"><title xml:lang="en"><narrative>Project URL</narrative></title><category code="A12" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P152441"><title xml:lang="en"><narrative>Procurement Notices</narrative></title><category code="A10" /></document-link><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Beneficiaries of business coaching or eCommerce training
</narrative></title>
<baseline year="2015" iso-date="2015-12-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2015-12-31" />
<period-end iso-date="2022-11-30" />
<target value="2000.00">

</target>
<actual value="2115.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Full-time employees hired by start-ups that have received financing, coaching or mentoring
</narrative></title>
<baseline year="2016" iso-date="2016-07-29" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2016-07-29" />
<period-end iso-date="2022-11-30" />
<target value="600.00">

</target>
<actual value="2127.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Participants in online programs led by RIHs &amp; CICs
</narrative></title>
<baseline year="2015" iso-date="2015-12-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2015-12-31" />
<period-end iso-date="1900-01-01"/>
<target value="">

</target>
<actual value="3161.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Revenue of start-ups that have received financing, coaching or mentoring
</narrative></title>
<baseline year="2016" iso-date="2016-07-29" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2016-07-29" />
<period-end iso-date="2022-11-30" />
<target value="4000000.00">

</target>
<actual value="32891279.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Direct project beneficiaries
</narrative></title>
<baseline year="2015" iso-date="2015-12-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2015-12-31" />
<period-end iso-date="2022-11-30" />
<target value="35000.00">

</target>
<actual value="52028.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Citizen engagement: user feedback collected from project beneficiaries
</narrative></title>
<baseline year="2015" iso-date="2015-07-01" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2015-07-01" />
<period-end iso-date="2022-11-30" />
<target value="13750.00">

</target>
<actual value="23436.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Visitors to CICs and RIHs
</narrative></title>
<baseline year="2015" iso-date="2015-12-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2015-12-31" />
<period-end iso-date="1900-01-01"/>
<target value="">

</target>
<actual value="45392.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
New/improved products/services introduced to existing or new markets by Project beneficiaries
</narrative></title>
<baseline year="2015" iso-date="2015-12-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2015-12-31" />
<period-end iso-date="2022-11-23" />
<target value="70.00">
<comment><narrative>
&lt;p&amp;gt;The respective target was reduced from 200 to 70 during the 1st restructuring&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="91.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Private financing catalyzed through GENIE programs
</narrative></title>
<baseline year="2016" iso-date="2016-07-29" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2016-07-29" />
<period-end iso-date="2022-11-23" />
<target value="7000000.00">
<comment><narrative>
&lt;p&amp;gt;Promoted to PDO-level indicator (previously intermediate indicator) and target increased from US$1.5 million to USU$7.0 million.&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="105216255.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Access to Internet Services (number of beneficiaries subscribed)
</narrative></title>
<baseline year="2014" iso-date="2014-12-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2014-12-31" />
<period-end iso-date="2022-11-23" />
<target value="1200.00">
<comment><narrative>
&lt;p&amp;gt;Indicator modified/replaced with &amp;quot; Number of beneficiaries obtained access to internet services&amp;quot; and the target was modified to 6,500 people (from 50 percent of population) during the 1st restructuring and then the target reduced from 6,500 to 1,200 during the 2nd restructuring&amp;nbsp;&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="1380.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Individuals obtaining international certification through project training programs
</narrative></title>
<baseline year="2020" iso-date="2020-08-04" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-08-04" />
<period-end iso-date="1900-01-01"/>
<target value="">

</target>
<actual value="1408.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
CICs established, equipped, and operational
</narrative></title>
<baseline year="2015" iso-date="2015-12-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2015-12-31" />
<period-end iso-date="1900-01-01"/>
<target value="">

</target>
<actual value="4.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Participants in structured digital skills training programs
</narrative></title>
<baseline year="2020" iso-date="2020-08-11" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-08-11" />
<period-end iso-date="1900-01-01"/>
<target value="">

</target>
<actual value="3101.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Females receiving structured training, coaching, mentoring or technical assistance
</narrative></title>
<baseline year="2016" iso-date="2016-07-01" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2016-07-01" />
<period-end iso-date="2022-11-30" />
<target value="50.00">

</target>
<actual value="50.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Female visitors to CICs and RIHs / participants in online programs
</narrative></title>
<baseline year="2015" iso-date="2015-12-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2015-12-31" />
<period-end iso-date="2022-11-30" />
<target value="50.00">

</target>
<actual value="52.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
RIHs established, equipped, and operational
</narrative></title>
<baseline year="2015" iso-date="2015-12-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2015-12-31" />
<period-end iso-date="1900-01-01"/>
<target value="">

</target>
<actual value="3.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Startups financed by project beneficiaries
</narrative></title>
<baseline year="2015" iso-date="2015-12-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2015-12-31" />
<period-end iso-date="2022-11-23" />
<target value="140.00">
<comment><narrative>
&lt;p&amp;gt;The respective target was reduced from 340 to 100 during the 1st restructuring and then the target increased from 100 to 140 during the 2nd restructuring. The word &amp;ldquo;launched&amp;rdquo; was changed to &amp;ldquo;financed&amp;rdquo; in recognition of the fact that both the SMG and IMG programs were open to firms that had already been registered.&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="138.00">

</actual>
</period>
</indicator>
</result></iati-activity><iati-activity xml:lang="en" default-currency="USD" last-updated-datetime="2026-09-26T22:16:57" hierarchy="1"><iati-identifier>44000-P155553</iati-identifier><reporting-org ref="44000" type="40"><narrative  xml:lang="en">World Bank</narrative></reporting-org><title xml:lang="en"><narrative>Private Sector Competitiveness DPO2</narrative></title><description type="2" xml:lang="en"><narrative><![CDATA[This is the second in a series of three DPOs aimed at strengthening shared prosperity and reducing poverty in Georgia through policies that stimulate private sector dynamism and productivity, foster investment in high value-added production, and create a fair business environment.   The proposed Program Development Objective is to accelerate private sector competitiveness by improving the business environment, deepening access to finance and increasing the country's capacity to innovate and export.  The proposed DPO series is in line with the CPS FY2014-17, and contributes to the CPS goal of enabling private sector job creation, and will also contribute to deepening competitiveness reforms, a priority in the 2012 ECA Regional Strategy of the WBG.]]></narrative></description><description type="1" xml:lang="en"><narrative><![CDATA[The Program Development Objective is to increase private sector competitiveness through second generation business environment reforms, establishing enabling conditions for financial sector deepening and diversification, and increasing firms capacity to innovate and to export.The proposed Second Programmatic Private Sector Competitiveness Development Policy Operation (DPO2) to Georgia in the amount of EUR 44.6 million aims to support the government's efforts to enhance the country's competitiveness in order to spur inclusive economic growth. This is the second in a series of DPOs to achieve more inclusive economic growth through policies to stimulate private sector productivity, foster long-term savings and investment, strengthen financial and social safety nets, and create a fair business environment that enables growth of small and medium enterprises (SMEs) and new firms.The Georgian government is committed to developing a competitive economy in which the private sector can effectively leverage the trade and investment opportunities that come from the country's geography and close relationship with the European Union and Asia.Faster progress on eradicating poverty and promoting shared prosperity was driven by higher labor income and redistributive fiscal policy that enlarged social transfers.This operation supports Georgia in its ambition to become a dynamic emerging market that is increasingly integrated into global value chains. For this next phase of economic development, the government is focusing on strengthening the private sector's competitiveness, which will reduce the economy's reliance on public investment as a source of growth.The operation has three pillars: The first pillar, second generation business environment reforms supported under this pillar focus on improving the predictability of the business environment, strengthening the consultation mechanisms for major economic reforms, and designing policies and institutions to support productivity growth and market access among SMEs. The second pillar, establishing enabling conditions for financial sector deepening and diversification its financial sector to mobilize additional investments needed for investment and to develop instruments that promote financial access, especially for SMEs.This pillar, focuses on addressing supply- and demand-side constraints faced by the financial sector through: the introduction of a deposit insurance system geared towards small depositors; an enhanced financial reporting and disclosure framework; and reforms aimed at increasing the soundness and growth of the insurance market. A comprehensive pension reform that incentivizes savings in pension funds will deepen the social safety net and underpin future growth of the domestic capital market.The third pillar, increasing firms capacity to innovate and to export is to increase their competitiveness, domestic companies need to strengthen their managerial capabilities, upgrade the quality of their products, invest in new technologies, and expand their market knowledge.]]></narrative></description><participating-org role="1" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org><participating-org role="2" xml:lang="en" ref="GE–P0025068"><narrative>Ministry of Finance</narrative></participating-org><participating-org role="2" xml:lang="en" ref="GE–P0025068"><narrative>Ministry of Finance</narrative></participating-org><participating-org role="3" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org><participating-org role="4" xml:lang="en" ref="GE-COA-0025067"><narrative>Ministry of Economy and Sustainable Development</narrative></participating-org>
<activity-status code="3" /><activity-date type="1" iso-date="2016-04-21"><narrative>Planned start date of the activity</narrative></activity-date><activity-date type="2" iso-date="2017-07-31"><narrative>Actual start date of the activity</narrative></activity-date><activity-date type="3" iso-date="2018-07-31"><narrative>Planned end date of the activity</narrative></activity-date><activity-date type="4" iso-date="2018-07-31"><narrative>Actual end date of the activity</narrative></activity-date><contact-info type="1"><organisation><narrative>The World Bank</narrative></organisation><person-name><narrative>John Gabriel Goddard</narrative></person-name><telephone>+1-202-473-1000</telephone><email>jgoddard@worldbank.org</email><email>pic@worldbank.org</email><mailing-address><narrative>The World Bank, 1818 H Street, NW, Washington, DC 20433 USA</narrative></mailing-address></contact-info>







<recipient-country code="GE" percentage="100"><narrative xml:lang="en">GEORGIA</narrative></recipient-country><location>
                <location-reach code="1" />
                <location-id vocabulary="G1" code="611717" />
                <name><narrative>Tbilisi</narrative></name>
                <point srsName="http://www.opengis.net/def/crs/EPSG/0/4326">
                <pos>41.69411 44.833679</pos>
                </point>
                <exactness code="2"/>
                <location-class code="2" />
            </location><sector vocabulary="1" code="25010" percentage="27" xml:lang="en"/><sector vocabulary="1" code="24030" percentage="27" xml:lang="en"/><sector vocabulary="1" code="15117" percentage="19" xml:lang="en"/><sector vocabulary="1" code="33130" percentage="9" xml:lang="en"/><sector vocabulary="1" code="22040" percentage="9" xml:lang="en"/><sector vocabulary="1" code="15155" percentage="9" xml:lang="en"/><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="FD" percentage="27.0000000" xml:lang="en"><narrative>FY17 - Insurance and Pension</narrative></sector><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="YZ" percentage="28.0000000" xml:lang="en"><narrative>FY17 - Other Industry, Trade and Services</narrative></sector><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="FK" percentage="9.00000000" xml:lang="en"><narrative>FY17 - Capital Markets</narrative></sector><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="BC" percentage="27.0000000" xml:lang="en"><narrative>FY17 - Central Government (Central Agencies)</narrative></sector><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="CI" percentage="9.00000000" xml:lang="en"><narrative>FY17 - ICT Infrastructure</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000211" percentage="18" xml:lang="en"><narrative>Investment and Business Climate</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000026" percentage="9" xml:lang="en"><narrative>ICT</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000411" percentage="9" xml:lang="en"><narrative>Public Expenditure Management</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000041" percentage="9" xml:lang="en"><narrative>Public Finance Management</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000262" percentage="9" xml:lang="en"><narrative>ICT Policies</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000041" percentage="9" xml:lang="en"><narrative>Public Finance Management</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000025" percentage="2" xml:lang="en"><narrative>Regional Integration</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000243" percentage="9" xml:lang="en"><narrative>MSME Development</narrative></sector><collaboration-type code="2" /><default-aid-type code="A02" xml:lang="en"/><default-tied-status code="5" /><budget type="1" status="1">
<period-start iso-date="2018-07-01"/>
<period-end iso-date="2018-07-31"/>
<value currency="USD" value-date="2018-07-31">50000000.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2018-07-01"/>
<period-end iso-date="2018-07-31"/>
<value currency="USD" value-date="2018-07-31">50000000.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2018-07-01"/>
<period-end iso-date="2018-07-31"/>
<value currency="USD" value-date="2018-07-31">0.00</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2018-07-01"/>
<period-end iso-date="2018-07-31"/>
<value currency="USD" value-date="2018-07-31">0.00</value>
</budget>
<capital-spend percentage="0" /><transaction><transaction-type code="2" /><transaction-date iso-date="2017-07-31"/><value value-date="2017-07-31">50000000</value><description xml:lang="en"><narrative>Total Commitment in July Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-25067"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-25069"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2017-09-30"/><value value-date="2017-09-30">52685456</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-25067"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-25069"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-09-30"/><value value-date="2017-09-30">-133415</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-25067"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-25069"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-01-31"/><value value-date="2018-01-31">-111519</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-25067"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-25069"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-07-31"/><value value-date="2018-07-31">-179860</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-25067"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-25069"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-01-31"/><value value-date="2019-01-31">-185033</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-25067"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-25069"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-07-31"/><value value-date="2019-07-31">-192201</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-25067"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-25069"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-01-31"/><value value-date="2020-01-31">-165181</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-25067"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-25069"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-07-31"/><value value-date="2020-07-31">-170252</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-25067"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-25069"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-01-31"/><value value-date="2021-01-31">-185170</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-25067"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-25069"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-07-31"/><value value-date="2021-07-31">-129853</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-25067"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-25069"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-01-31"/><value value-date="2022-01-31">-135754</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-25067"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-25069"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-07-31"/><value value-date="2022-07-31">-101503</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-25067"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-25069"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-01-31"/><value value-date="2023-01-31">-327799</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-25067"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-25069"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
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<transaction><transaction-type code="5" /><transaction-date iso-date="2024-01-31"/><value value-date="2024-01-31">-1215108</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-25067"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-25069"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
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<transaction><transaction-type code="5" /><transaction-date iso-date="2026-01-31"/><value value-date="2026-01-31">-821919</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-25067"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-25069"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P155553"><title xml:lang="en"><narrative>Contract Awards</narrative></title><category code="A11" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-detail/P155553?lang=en"><title xml:lang="en"><narrative>Project URL</narrative></title><category code="A12" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P155553"><title xml:lang="en"><narrative>Procurement Notices</narrative></title><category code="A10" /></document-link></iati-activity><iati-activity xml:lang="en" default-currency="USD" last-updated-datetime="2026-09-26T22:16:57" hierarchy="1"><iati-identifier>44000-P156444</iati-identifier><reporting-org ref="44000" type="40"><narrative  xml:lang="en">World Bank</narrative></reporting-org><title xml:lang="en"><narrative>Second Programmatic Inclusive Growth DPO</narrative></title><description type="2" xml:lang="en"><narrative><![CDATA[Project Development Objective (Note: will be disclosed in the MOS) The program supports 2 objectives: (1) Strengthen fiscal oversight of public institutions and improve budgeting and the framework for civil service reform. (2) Improve coverage and quality of social services and strengthen monitoring of outcomes Board Schedule Comments]]></narrative></description><description type="1" xml:lang="en"><narrative><![CDATA[The second Inclusive Growth Development Policy Operation (DPO2) in Georgia will support the government in its efforts to improve public service delivery and strengthen fiscal oversight. The first generation reforms, which started a decade back, have helped Georgia improve its business environment, achieve sustained growth rates and maintain low inflation. However, important socioeconomic vulnerabilities persist, including as a result of recent external shocks, under which growth performance and the macro-fiscal stance have deteriorated. Against this backdrop, further improvements in the living standards of Georgians will require investments in human capital, enhanced private sector competitiveness, and fiscal, social and environmental sustainability. Some of these objectives will be supported by this operation through reforms in fiscal management and the delivery of social services. The policy actions are anchored in the Country Partnership Strategy (CPS) for 2014-17, and are consistent with the government's own development strategy. The main development challenge faced by the country is achieving more inclusive growth, which will be supported by strengthened fiscal management and improved public service delivery. Achieving inclusive growth will require investment in human capital, and providing a solid and stable macro-fiscal framework that supports private sector activity and competitiveness. Strengthened public service delivery will help build human capital while macro-fiscal stability will make Georgia more attractive for private sector activity. Reform efforts supported by this operation have been grouped in two pillars. Pillar one supports greater fiscal oversight of public institutions (particularly, state-owned enterprises), and improvements in budgeting and the framework for civil services. Pillar two supports improvements in the coverage and quality of social services, and monitoring of outcomes. Reforms supported by this operation will help both in inclusion and inclusive growth. While private sector development, which is being supported by another DPO series in Georgia, will help create more jobs, this DPO series will help build human capital and support macroeconomic stability and effective policy making.]]></narrative></description><participating-org role="1" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org><participating-org role="2" xml:lang="en" ref="GE–P0025901"><narrative>Ministry of Finance of Georgia</narrative></participating-org><participating-org role="3" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org><participating-org role="4" xml:lang="en" ref="GE-COA-0025902"><narrative>Ministry of Finance of Georgia</narrative></participating-org>
<activity-status code="3" /><activity-date type="1" iso-date="2016-04-28"><narrative>Planned start date of the activity</narrative></activity-date><activity-date type="2" iso-date="2017-04-28"><narrative>Actual start date of the activity</narrative></activity-date><activity-date type="3" iso-date="2018-03-31"><narrative>Planned end date of the activity</narrative></activity-date><activity-date type="4" iso-date="2018-03-31"><narrative>Actual end date of the activity</narrative></activity-date><contact-info type="1"><organisation><narrative>The World Bank</narrative></organisation><person-name><narrative>Mariam Dolidze</narrative></person-name><telephone>+1-202-473-1000</telephone><email>mdolidze@worldbank.org</email><email>pic@worldbank.org</email><mailing-address><narrative>The World Bank, 1818 H Street, NW, Washington, DC 20433 USA</narrative></mailing-address></contact-info>



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Other Public Administration</narrative></sector><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="EC" percentage="14.0000000" xml:lang="en"><narrative>FY17 - Early Childhood Education</narrative></sector><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="SA" percentage="14.0000000" xml:lang="en"><narrative>FY17 - Social Protection</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000111" percentage="29" xml:lang="en"><narrative>Fiscal sustainability</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000441" percentage="29" xml:lang="en"><narrative>Data production, accessibility and use</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000435" percentage="14" xml:lang="en"><narrative>Public Assets and Investment Management</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000656" percentage="14" xml:lang="en"><narrative>Education Governance, School-Based Management</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000063" percentage="14" xml:lang="en"><narrative>Health Systems and Policies</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000011" percentage="29" xml:lang="en"><narrative>Fiscal Policy</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000435" percentage="14" xml:lang="en"><narrative>Public Assets and Investment Management</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000635" percentage="14" xml:lang="en"><narrative>Reproductive and Maternal Health</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000654" percentage="14" xml:lang="en"><narrative>Teachers</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000654" percentage="14" xml:lang="en"><narrative>Teachers</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000637" percentage="14" xml:lang="en"><narrative>Child Health</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000044" percentage="29" xml:lang="en"><narrative>Data Development and Capacity Building</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000065" percentage="14" xml:lang="en"><narrative>Education</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000111" percentage="29" xml:lang="en"><narrative>Fiscal sustainability</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000044" percentage="29" xml:lang="en"><narrative>Data Development and Capacity Building</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000435" percentage="14" xml:lang="en"><narrative>Public Assets and Investment Management</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000063" percentage="14" xml:lang="en"><narrative>Health Systems and Policies</narrative></sector><collaboration-type code="2" /><default-aid-type code="A02" xml:lang="en"/><default-tied-status code="5" /><budget type="1" status="1">
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<period-start iso-date="2018-03-01"/>
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<value currency="USD" value-date="2018-03-31">50000000.00</value>
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<budget type="2" status="1">
<period-start iso-date="2018-03-01"/>
<period-end iso-date="2018-03-31"/>
<value currency="USD" value-date="2018-03-31">0.00</value>
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<budget type="1" status="1">
<period-start iso-date="2018-03-01"/>
<period-end iso-date="2018-03-31"/>
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<transaction><transaction-type code="3" /><transaction-date iso-date="2017-06-30"/><value value-date="2017-06-30">53612191</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-25902"><narrative>Ministry of Finance of Georgia</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-06-30"/><value value-date="2017-06-30">-131747</value><description xml:lang="en"><narrative>Total Interest Repayment in June Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-25902"><narrative>Ministry of Finance of Georgia</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
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<document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P156444"><title xml:lang="en"><narrative>Contract Awards</narrative></title><category code="A11" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-detail/P156444?lang=en"><title xml:lang="en"><narrative>Project URL</narrative></title><category code="A12" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P156444"><title xml:lang="en"><narrative>Procurement Notices</narrative></title><category code="A10" /></document-link></iati-activity><iati-activity xml:lang="en" default-currency="USD" last-updated-datetime="2026-09-26T22:16:57" hierarchy="1"><iati-identifier>44000-P168481</iati-identifier><reporting-org ref="44000" type="40"><narrative  xml:lang="en">World Bank</narrative></reporting-org><title xml:lang="en"><narrative>Georgia I2Q - Innovation, Inclusion and Quality</narrative></title><description type="2" xml:lang="en"><narrative><![CDATA[The project development objectives are to (i) expand access to preschool education and (ii) improve the quality of education and learning environments.]]></narrative></description><description type="1" xml:lang="en"><narrative><![CDATA[The development objective of the Innovation, Inclusion and Quality Project for Georgia are to (i) expand access to preschool education and (ii) improve the quality of education and learning environments. It has five components. First component, Improving the Quality of and Access to Early Childhood Education and Care (ECEC) is to provide support to facilitate expanded access to quality pre-school education in selected pre-schools. It has three sub-components. (i) Improving the quality of ECEC programs across the country; ii) Increasing equitable access to preschool education for successful transition to school; and iii) Improving infrastructure to support innovative primary education, including preschool; Second component, Fostering Quality Teaching and Learning in General Education to provide a learning environment that is conducive to quality education in selected general education schools. It has four components. (i) Improving the educational infrastructure to support learning; (ii) Supporting the scaling up of the whole-school improvement pilot; iii) Supporting the capacity-building of teachers and school leaders (principals) to adapt, develop, and implement school-based curriculum; and (iv) Assisting the development of a national assessment framework; Third component, Strengthening Financing Options and Promoting Internationalization in Higher Education is to improve the quality and international competitiveness of higher education. It has four sub-components.(i) Developing new options for higher education financing, including performance-based options to support the Government's strategic objective; (ii) Establishment of a Competitive Innovation Fund (CIF) for public and private universities, in partnership with private sector; (iii) Promoting internationalization of higher education; and (iv) Strengthening the quality of pre-service teacher education programs for all levels of education; Fourth component, System Strengthening and Stakeholder Communication is to facilitate a shift in attitude toward learning in Georgia to one that is more pro-active, student-centered, innovative, and evidence-based; It has two sub-components. i) Supporting data-driven decision-making accessible to the entire education system and ii) Communication and stakeholder consultations for education reform; Fifth component, Supporting Project Management, Monitoring, and Evaluations is to support capacity-building for effective management of proposed project. It has one sub-component. (i) Facilitating the establishment, staffing, and evaluation of project operations will support the day-to-day management and monitoring of the proposed project through the establishment and maintenance of a Project Management Unit (PMU) under the Ministry of Education, Science, Culture and Sport (MESCS) and maintaining adequate capacity in the Municipal Development Fund of Georgia (MDF) under the Ministry of Regional Development and Infrastructure.]]></narrative></description><participating-org role="1" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org><participating-org role="2" xml:lang="en" ref="GE–P0038775"><narrative>Ministry of Finance</narrative></participating-org><participating-org role="3" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org><participating-org role="4" xml:lang="en" ref="GE-COA-0038774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></participating-org>
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<transaction><transaction-type code="3" /><transaction-date iso-date="2020-08-31"/><value value-date="2020-08-31">47334</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-12-31"/><value value-date="2020-12-31">292032</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-03-31"/><value value-date="2021-03-31">2277236</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-05-31"/><value value-date="2021-05-31">367440</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-06-30"/><value value-date="2021-06-30">1173727</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-07-31"/><value value-date="2021-07-31">590175</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-09-30"/><value value-date="2021-09-30">1240999</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-10-31"/><value value-date="2021-10-31">579550</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-11-30"/><value value-date="2021-11-30">303163</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-12-31"/><value value-date="2021-12-31">564231</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-04-30"/><value value-date="2022-04-30">649920</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-06-30"/><value value-date="2022-06-30">843040</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-07-31"/><value value-date="2022-07-31">627324</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-09-30"/><value value-date="2022-09-30">699074</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-11-30"/><value value-date="2022-11-30">963503</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-12-31"/><value value-date="2022-12-31">977335</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-03-31"/><value value-date="2023-03-31">854893</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-04-30"/><value value-date="2023-04-30">339892</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-06-30"/><value value-date="2023-06-30">1289483</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-07-31"/><value value-date="2023-07-31">2284380</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-08-31"/><value value-date="2023-08-31">3431069</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-09-30"/><value value-date="2023-09-30">1159056</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-12-31"/><value value-date="2023-12-31">3234900</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-01-31"/><value value-date="2024-01-31">1088900</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-02-29"/><value value-date="2024-02-29">3239700</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-03-31"/><value value-date="2024-03-31">2210410</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-04-30"/><value value-date="2024-04-30">647183</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-05-31"/><value value-date="2024-05-31">5541972</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-06-30"/><value value-date="2024-06-30">778242</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-07-31"/><value value-date="2024-07-31">525377</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-08-31"/><value value-date="2024-08-31">3371298</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-10-31"/><value value-date="2024-10-31">3855387</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-11-30"/><value value-date="2024-11-30">1841019</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-12-31"/><value value-date="2024-12-31">3100091</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2025-01-31"/><value value-date="2025-01-31">879360</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2025-02-28"/><value value-date="2025-02-28">4360702</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2025-03-31"/><value value-date="2025-03-31">420805</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2025-05-31"/><value value-date="2025-05-31">7469739</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2025-09-30"/><value value-date="2025-09-30">5563391</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2025-11-30"/><value value-date="2025-11-30">259264</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2025-12-31"/><value value-date="2025-12-31">8230643</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2026-02-28"/><value value-date="2026-02-28">840768</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2026-03-31"/><value value-date="2026-03-31">3127223</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2026-05-31"/><value value-date="2026-05-31">1739625</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2026-06-30"/><value value-date="2026-06-30">2306200</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-11-30"/><value value-date="2019-11-30">-247691</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-05-31"/><value value-date="2020-05-31">-181891</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-11-30"/><value value-date="2020-11-30">-136418</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-05-31"/><value value-date="2021-05-31">-136574</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-11-30"/><value value-date="2021-11-30">-143761</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-05-31"/><value value-date="2022-05-31">-133754</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-11-30"/><value value-date="2022-11-30">-153905</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-05-31"/><value value-date="2023-05-31">-325959</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-11-30"/><value value-date="2023-11-30">-570172</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-05-31"/><value value-date="2024-05-31">-829266</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-11-30"/><value value-date="2024-11-30">-1089185</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-05-31"/><value value-date="2025-05-31">-1195675</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-11-30"/><value value-date="2025-11-30">-1269114</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2026-05-31"/><value value-date="2026-05-31">-1458205</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-38774"><narrative>Ministry of Education, Science, Culture and Sport/Municipal Development Fund</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P168481"><title xml:lang="en"><narrative>Contract Awards</narrative></title><category code="A11" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-detail/P168481?lang=en"><title xml:lang="en"><narrative>Project URL</narrative></title><category code="A12" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P168481"><title xml:lang="en"><narrative>Procurement Notices</narrative></title><category code="A10" /></document-link><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of new general education schools constructed
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2026-03-28" />
<target value="5.00">
<comment><narrative>
On track: All contracts have been signed, design preparation and civil works are ongoing in all schools. Completion of all constructions under the Project are expected by the end of November 2026.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Students benefiting from direct interventions to enhance learning
</narrative></title>
<baseline year="2019" iso-date="2019-11-29" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-11-29" />
<period-end iso-date="2026-03-28" />
<target value="265647.00">
<comment><narrative>
On track: This indicator measures number of students benefitting from ECE and general education interventions including infrastructure related interventions under the project.
</narrative></comment>
</target>
<actual value="304,893.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
System for preschool data reporting and consolidation mechanism established and incorporated in the EMIS
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="No systematic reporting and consolidation mechanisms exist"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2027-03-15" />
<target value="Systematic data reporting and consolidation mechanism established and streamlined in EMIS">
<comment><narrative>
On track: Mechanism was developed under Comp1, within the frames of the SDSURF contract and was handed over to the MoESY. Incorporation into EMIS is envisaged under Comp 4, under the scope of the eSchool activity.
</narrative></comment>
</target>
<actual value="On track">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Development of a data monitoring dashboard with quality monitoring indicators based on whole school approach
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="No monitoring dashboard exists"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2027-03-15" />
<target value="A data monitoring dashboard developed and operationalized">
<comment><narrative>
Completed: A data monitoring dashboard developed and operationalized
</narrative></comment>
</target>
<actual value="Completed">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
5 to 6-year old children enrolled in School Readiness Programs (Pre-school level)
</narrative></title>
<baseline year="2019" iso-date="2019-06-29" value="80.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-29" />
<period-end iso-date="2027-03-15" />
<target value="92.00">
<comment><narrative>
The actual value has been reported by the Ministry of Education. The data is based on results of the annual survey obtained by the Ministry in December 2024. Data will be updated for the 2025-2026 school year by March 2026.
</narrative></comment>
</target>
<actual value="94.78">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
5 to 6-year old children enrolled in School Readiness Programs (Pre-school level)
</narrative></title>
<baseline year="2019" iso-date="2019-06-29" value="80.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-29" />
<period-end iso-date="2026-03-29" />
<target value="92.00">
<comment><narrative>
The actual value has been reported by the Ministry of Education. The data is based on results of the annual survey obtained by the Ministry in December 2024.
</narrative></comment>
</target>
<actual value="94.78">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
5 to 6-year old children enrolled in School Readiness Programs (Pre-school level)
</narrative></title>
<baseline year="2019" iso-date="2019-06-29" value="80.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-29" />
<period-end iso-date="2026-03-29" />
<target value="92.00">
<comment><narrative>
The actual value has been reported by the Ministry of Education. The data is based on results of the annual survey obtained by the Ministry in December 2024. Data will be updated for the 2025-2026 school year by mid-February 2026.
</narrative></comment>
</target>
<actual value="94.78">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
5 to 6-year old children enrolled in School Readiness Programs (Pre-school level)
</narrative></title>
<baseline year="2019" iso-date="2019-06-29" value="80.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-29" />
<period-end iso-date="2027-03-15" />
<target value="92.00">
<comment><narrative>
The actual value has been reported by the Ministry of Education based on the data obtained from municipalities in the fall semester of each academic year. This status/data will be updated by the end of the fall semester of 2026-2027 academic year.
</narrative></comment>
</target>
<actual value="97.11">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Development of a data integration strategy and action plan from PreK to HE
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="A data integration strategy action plan does not exist"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2027-03-15" />
<target value="A data integration strategy and action plan developed">
<comment><narrative>
Achieved: Measures status of a data integration strategy and action plan for PreK to HE.

The activity is completed, EMIS diagnostics and action plan has been developed.
</narrative></comment>
</target>
<actual value="Completed">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Performance-based funding model for higher education institutions and its administration tools developed
</narrative></title>
<baseline year="2024" iso-date="2024-12-13" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2024-12-13" />
<period-end iso-date="2026-03-13" />
<target value="Yes">
<comment><narrative>
On track: The model has been successfully developed and approved by the MoESY, with its submission included in the 4th Report from the Consultant, officially approved on November 26, 2024. Efforts are currently focused on preparing a package of regulatory legislative changes for establishing the legal framework necessary for the Performance-based funding model's implementation. Once finalized, this package of amendments will also be submitted to the MoESY.
Concurrently, work is ongoing to develop a higher education funding management system. A pilot version has been created and is available for testing by both the MoESY and EMIS.
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Merit-based student grant system developed acceptable for the MoESY.
</narrative></title>
<baseline year="2024" iso-date="2024-12-13" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2024-12-13" />
<period-end iso-date="2026-03-13" />
<target value="Yes">
<comment><narrative>
On track: The model has been successfully developed and approved by the MoESY, with its submission included in the 4th Report from the Consultant, officially approved on November 26, 2024. Efforts are currently focused on preparing a package of regulatory legislative changes for establishing the legal framework necessary for the merit-based scholarship model's implementation. Once finalized, this package of amendments will also be submitted to the MoESY.
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Development of a data integration strategy and action plan from PreK to HE
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="A data integration strategy action plan does not exist"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2026-03-28" />
<target value="A data integration strategy and action plan developed">
<comment><narrative>
Completed: Measures status of a data integration strategy and action plan for PreK to HE.

The activity is completed, EMIS diagnostics and action plan has been developed.
</narrative></comment>
</target>
<actual value="Completed">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
New architectural blueprints developed and 2 to 10 new model buildings accomodating preschools constructed
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2027-03-15" />
<target value="2.00">
<comment><narrative>
On Track. Construction works are ongoing all 9 schools.  Finalization of construction works under the Project is anticipated by March 2027
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Multiyear communications strategy drafted and adopted based on general education policy principles
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="Does not exist"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2026-03-28" />
<target value="Developed and adopted">
<comment><narrative>
Completed: This indicator measures status of creation and adoption of the communications strategy.

The strategy is developed and adopted.
</narrative></comment>
</target>
<actual value="Completed">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Students benefiting from direct interventions to enhance learning
</narrative></title>
<baseline year="2019" iso-date="2019-11-29" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-11-29" />
<period-end iso-date="2027-03-15" />
<target value="265647.00">
<comment><narrative>
On track: This indicator measures number of students benefitting from ECE and general education interventions including infrastructure related interventions under the project.
</narrative></comment>
</target>
<actual value="304,893.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Large-scale primary/secondary learning assessments completed
</narrative></title>
<baseline year="2019" iso-date="2019-11-29" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-11-29" />
<period-end iso-date="2026-03-28" />
<target value="3.00">
<comment><narrative>
On track: The new national student assessment policy and framework have been prepared. This framework determines grades and subjects of national assessments. The project will support grade 10 assessments of all subject groups.

The project has conducted one round of student learning assessment in partnership with NAEC.
</narrative></comment>
</target>
<actual value="1.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
GIS education mapping system established and integrated educational tracking system in place
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="Under initial development"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2026-03-28" />
<target value="Fully developed and established">
<comment><narrative>
Completed: This indicator measures the status of establishment of GIS Education mapping and linkage and integration with other systems for longitudinal tracking of education (learning journey).

The system is developed by the government and is operational.
</narrative></comment>
</target>
<actual value="Completed">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Feasibility study conducted with recommendations for the establishment of National Institute of Educational Research completed
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="Not undertaken"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2026-03-28" />
<target value="Feasibility study completed and recommendations made">
<comment><narrative>
Achieved: This indicator measures the status of the feasibility study completion. Proposed recommendations were taken into consideration during the establishment of the Institute.
</narrative></comment>
</target>
<actual value="Completed">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Learning outcomes of students in national assessments in project-supported general education schools
</narrative></title>
<baseline year="2019" iso-date="2019-07-12" value="Baseline to be determined and set in 2020"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-07-12" />
<period-end iso-date="2026-03-12" />
<target value="Learning outcome assessment will be conducted in May 2025. Georgian Schools (Grades 6,8,9,10,11 and 12) - Georgian: 22.45; Math: 10.56; Science: 15.20. Non-Georgian Schools (Grades 6,8,9,10,11 and 12) - Georgian: 18.20; Math: 9.93; Science: 12.36.">
<comment><narrative>
Learning outcome assessment conducted in July 2022 serves as the baseline. Another round of assessment will be conducted towards the project closing date to determine progress.
</narrative></comment>
</target>
<actual value="Learning outcome assessment conducted in July 2022. Georgian Schools (Grades 6,8,9,10,11 and 12) - Georgian: 22.32; Math: 10.48; Science: 15.11. Non-Georgian Schools (Grades 6,8,9,10,11 and 12) - Georgian: 18.05; Math: 9.84; Science: 12.28.">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
5 to 6-year old children enrolled in School Readiness Programs (Pre-school level)
</narrative></title>
<baseline year="2019" iso-date="2019-06-29" value="80.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-29" />
<period-end iso-date="2026-03-29" />
<target value="92.00">
<comment><narrative>
The actual value has been reported by the Ministry of Education. The data is based on results of the annual survey obtained by the Ministry in December 2024. Data will be updated for the 2025-2026 school year by mid-February 2026.
</narrative></comment>
</target>
<actual value="94.78">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Formative assessment tools and methodology revised, including assessment for special needs students up to 12th grade
</narrative></title>
<baseline year="2019" iso-date="2019-07-11" value="No formative national assessments conducted"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-07-11" />
<period-end iso-date="2026-03-11" />
<target value="Formative assessment system established">
<comment><narrative>
Achieved
</narrative></comment>
</target>
<actual value="Piloting of the proposed tools ongoing">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
5 to 6-year old children enrolled in School Readiness Programs (Pre-school level)
</narrative></title>
<baseline year="2019" iso-date="2019-06-29" value="80.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-29" />
<period-end iso-date="2027-03-15" />
<target value="92.00">
<comment><narrative>
The actual value has been reported by the Ministry of Education based on the data obtained from municipalities in the fall semester of each academic year. This status/data will be updated by the end of the fall semester of 2026-2027 academic year.
</narrative></comment>
</target>
<actual value="97.11">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Diagnostic study completed and recommendations made for development and expansion of quality ECEC completed.
</narrative></title>
<baseline year="2019" iso-date="2019-07-11" value="No diagnostic study"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-07-11" />
<period-end iso-date="2027-03-15" />
<target value="Diagnostic study completed and recommendations made">
<comment><narrative>
Achieved
</narrative></comment>
</target>
<actual value="Completed and recommendations made">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Parents that report satisfaction with their engagement in the whole school improvement effort and demonstrate understanding of student-centered learning through beneficiary surveys in Year 1, 4 and 6
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2027-03-15" />
<target value="30.00">
<comment><narrative>
On track: The Indicator has been incorporated into the Performance Evaluation study. 74% of parents are satisfied with their engagement level in school improvement process. Endline data collection and analysis (Completion Report) due on January 30, 2027.
</narrative></comment>
</target>
<actual value="74.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Beneficiary students with access to improved learning environments in project-supported schools
</narrative></title>
<baseline year="2019" iso-date="2019-06-29" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-29" />
<period-end iso-date="2026-03-29" />
<target value="116,000.00">
<comment><narrative>
The number of target beneficiary students has substantially increased due to the project support for technology and wi-fi to support COVID-induced blended teaching and learning process, which was not part of the original project design.
</narrative></comment>
</target>
<actual value="304,893">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Students benefiting from direct interventions to enhance learning
</narrative></title>
<baseline year="2019" iso-date="2019-11-29" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-11-29" />
<period-end iso-date="2027-03-15" />
<target value="265647.00">
<comment><narrative>
On track: This indicator measures number of students benefitting from ECE and general education interventions including infrastructure related interventions under the project.
</narrative></comment>
</target>
<actual value="304,893.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Select schools resourced with a school improvement package to strengthen the implementation of the whole school approach
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2026-03-28" />
<target value="200.00">
<comment><narrative>
Achieved:  As of June 2025, as part of the whole school improvement package, in order to support the distance learning process, 433 schools were equipped with the necessary computer equipment (laptops, projectors). Also, 121 out of those schools are being supported with the supply and installation of Wi-Fi networks.

In addition, 200 schools are equipped with STEAM resources.

Once duplicate entries were remove the number of selected schools remained is 634.
</narrative></comment>
</target>
<actual value="634">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Representative groups who report that the national consultation (and feedback) process on Georgia's Education policy principles was responsive to their views through an appropriate CE mechanism
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2027-03-15" />
<target value="70.00">
<comment><narrative>
On track: The Indicator has been incorporated into the Performance Evaluation study. 74% of representative group are either very satisfied or satisfied with the level of engagement in the process of the project activities. Endline data collection and analysis (Completion Report) due on January 30, 2026.
</narrative></comment>
</target>
<actual value="74.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Development of a data monitoring dashboard with quality monitoring indicators based on whole school approach
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="No monitoring dashboard exists"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2026-03-28" />
<target value="A data monitoring dashboard developed and operationalized">
<comment><narrative>
Completed: A data monitoring dashboard developed and operationalized
</narrative></comment>
</target>
<actual value="Completed">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Multiyear communications strategy drafted and adopted based on general education policy principles
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="Does not exist"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2026-03-28" />
<target value="Developed and adopted">
<comment><narrative>
Completed: This indicator measures status of creation and adoption of the communications strategy.

The strategy is developed and adopted.
</narrative></comment>
</target>
<actual value="Completed">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Performance-based funding model for higher education institutions and its administration tools developed
</narrative></title>
<baseline year="2024" iso-date="2024-12-13" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2024-12-13" />
<period-end iso-date="2026-03-13" />
<target value="Yes">
<comment><narrative>
As of November 10, 2025, 75% of the work is completed. The performance-based funding (PBF) model was delivered through Progress Report 4, verified by MoESY and the steering group.
For the pilot system, the consultant introduced the pilot module, updated user manual, and system specifications. IMDS pilot v4.0 will be refined following MESY and EMIS feedback.
For the legal documentation, the consultant submitted preliminary draft implementation instructions on October 23, 2025. These will be refined and finalized in Progress Report 6 (due January 31, 2026).
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Development of a data integration strategy and action plan from PreK to HE
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="A data integration strategy action plan does not exist"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2026-03-28" />
<target value="A data integration strategy and action plan developed">
<comment><narrative>
Completed: Measures status of a data integration strategy and action plan for PreK to HE.

The activity is completed, EMIS diagnostics and action plan has been developed.
</narrative></comment>
</target>
<actual value="Completed">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of general education schools which developed and introduced STEAM extracurricular programs
</narrative></title>
<baseline year="2019" iso-date="2019-07-11" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-07-11" />
<period-end iso-date="2027-03-15" />
<target value="200.00">
<comment><narrative>
Achieved. Number of beneficiary schools slightly above target.
</narrative></comment>
</target>
<actual value="201">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Beneficiary students with access to improved learning environments in project-supported schools
</narrative></title>
<baseline year="2019" iso-date="2019-06-29" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-29" />
<period-end iso-date="2027-03-15" />
<target value="116,000.00">
<comment><narrative>
The number of target beneficiary students has substantially increased due to the project support for technology and wi-fi to support COVID-induced blended teaching and learning process, which was not part of the original project design.
</narrative></comment>
</target>
<actual value="304,893">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Beneficiary students with access to improved learning environments in project-supported schools
</narrative></title>
<baseline year="2019" iso-date="2019-06-29" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-29" />
<period-end iso-date="2027-03-15" />
<target value="116,000.00">
<comment><narrative>
The number of target beneficiary students has substantially increased due to the project support for technology and wi-fi to support COVID-induced blended teaching and learning process, which was not part of the original project design.
</narrative></comment>
</target>
<actual value="304,893">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Performance-based funding model for higher education institutions and its administration tools developed
</narrative></title>
<baseline year="2024" iso-date="2024-12-13" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2024-12-13" />
<period-end iso-date="2027-03-15" />
<target value="Yes">
<comment><narrative>
Achieved: This indicator covered three workstreams — developing a PBF model (40%), deploying PBF modules into the IMDS pilot system (40%), and establishing the legal basis for IMDS (20%) — all of which have been fully delivered.
The PBF model was completed and verified in late 2024. The IMDS pilot system (version 4.2 UAT), delivered in February 2026, includes a KPI catalogue, funding logic, and tools for MESY to assign KPIs, weights, and tranches to individual HEIs, with a dedicated portal for HEI-level tracking and reporting. A demonstration session with senior MESY leadership took place in March 2026. The system also integrates SIEM and SSO capabilities. The legal framework — a draft Ministerial Order on the rules for administering the higher education financing system — was delivered and formally submitted to MESY in February 2026.
</narrative></comment>
</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
School architectural standards reviewed and updated to be used in the construction and rehabilitation of schools
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="Standards not updated"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2026-03-28" />
<target value="Standards updated">
<comment><narrative>
Achieved
</narrative></comment>
</target>
<actual value="Standards updated. Completed.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Multiyear communications strategy drafted and adopted based on general education policy principles
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="Does not exist"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2027-03-15" />
<target value="Developed and adopted">
<comment><narrative>
Completed: This indicator measures status of creation and adoption of the communications strategy.

The strategy is developed and adopted.
</narrative></comment>
</target>
<actual value="Completed">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of general education schools which developed and introduced STEAM extracurricular programs
</narrative></title>
<baseline year="2019" iso-date="2019-07-11" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-07-11" />
<period-end iso-date="2026-03-11" />
<target value="200.00">
<comment><narrative>
Achieved. Number of beneficiary schools slightly above target.
</narrative></comment>
</target>
<actual value="201">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Merit-based student grant system developed acceptable for the MoESY.
</narrative></title>
<baseline year="2024" iso-date="2024-12-13" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2024-12-13" />
<period-end iso-date="2026-03-13" />
<target value="Yes">
<comment><narrative>
On track: This indicator measures the status and progress towards the development of a merit-based scholarship model.

On track: The model has been successfully developed and accepted by the MoESY, with its submission included in the 4th Report from the Consultant, officially approved on November 26, 2024. Efforts are currently focused on preparing a package of regulatory legislative changes for establishing the legal framework necessary for the merit-based scholarship model's implementation.
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of new general education schools constructed
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2027-03-15" />
<target value="5.00">
<comment><narrative>
On track: All contracts have been signed, designs prepared and civil works are ongoing in all 14 schools. Completion of all constructions under the Project are expected by the end of March 2027.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Survey of change in female attitudes towards STEAM conducted amongst girls participating in the Thematic Innovation clubs
</narrative></title>
<baseline year="2020" iso-date="2020-09-27" value="Survey is planned in November 2023."><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-09-27" />
<period-end iso-date="2026-03-28" />
<target value="Endline to be measured">
<comment><narrative>
On track: This indicator measures the change in attitude of females participating in the Thematic Innovation Clubs towards STEAM.
</narrative></comment>
</target>
<actual value="Endline to be measured towards the end of the project.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Representative groups who report that the national consultation (and feedback) process on Georgia's Education policy principles was responsive to their views through an appropriate CE mechanism
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2026-03-28" />
<target value="70.00">
<comment><narrative>
On track: The Indicator has been incorporated into the Performance Evaluation study. 74% of representative group are either very satisfied or satisfied with the level of engagement in the process of the project activities. Endline data collection and analysis (Completion Report) due on January 30, 2026.
</narrative></comment>
</target>
<actual value="74.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
School architectural standards reviewed and updated to be used in the construction and rehabilitation of schools
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="Standards not updated"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2027-03-15" />
<target value="Standards updated">
<comment><narrative>
Achieved
</narrative></comment>
</target>
<actual value="Standards updated. Completed.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
New School Readiness Programs introduced and provided with equipment, furniture and technology
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2026-03-28" />
<target value="150.00">
<comment><narrative>
On Track. 147 SRP classrooms have been rehabilitated. Equipment, furniture, and technologies procured for all these schools. Rehabilitation of additional 3 schools is expected to be completed by February 2026.
</narrative></comment>
</target>
<actual value="147">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Trainers and coaches of education workforce staff that receive training (ToT)
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2026-06-27" />
<target value="1,600.00">
<comment><narrative>
On track: This indicator measures the number of trainers who receive training and capacity building to be able to coach/train education workforce staff.

Capacity-building activities are being carried out under following contract: Fostering Quality Teaching and Learning in General Education through Introduction of Effective Quality Management System, Whole School Improvement Plan and Programs, Improved Assessment Policy, Practice and Methodology.
</narrative></comment>
</target>
<actual value="1,408.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
5 to 6-year old children enrolled in School Readiness Programs (Pre-school level)
</narrative></title>
<baseline year="2019" iso-date="2019-06-29" value="80.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-29" />
<period-end iso-date="2027-03-15" />
<target value="92.00">
<comment><narrative>
The actual value has been reported by the Ministry of Education. The data is based on results of the annual survey obtained by the Ministry in December 2024. Data will be updated for the 2025-2026 school year by March 2026.
</narrative></comment>
</target>
<actual value="94.78">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
GIS education mapping system established and integrated educational tracking system in place
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="Under initial development"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2027-03-15" />
<target value="Fully developed and established">
<comment><narrative>
Completed: This indicator measures the status of establishment of GIS Education mapping and linkage and integration with other systems for longitudinal tracking of education (learning journey).

The system is developed by the government and is operational.
</narrative></comment>
</target>
<actual value="Completed">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of girls participating in STEAM extracurricular programs
</narrative></title>
<baseline year="2019" iso-date="2019-07-11" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-07-11" />
<period-end iso-date="2027-03-15" />
<target value="50.00">
<comment><narrative>
Achieved
</narrative></comment>
</target>
<actual value="53">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Diagnostic study completed and recommendations made for development and expansion of quality ECEC completed.
</narrative></title>
<baseline year="2019" iso-date="2019-07-11" value="No diagnostic study"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-07-11" />
<period-end iso-date="2027-03-15" />
<target value="Diagnostic study completed and recommendations made">
<comment><narrative>
Completed
</narrative></comment>
</target>
<actual value="Completed and recommendations made">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of rehabilitated general education schools
</narrative></title>
<baseline year="2019" iso-date="2019-07-11" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-07-11" />
<period-end iso-date="2026-03-11" />
<target value="23.00">
<comment><narrative>
On track: Works are ongoing in 20 schools and completed in 3 schools.
</narrative></comment>
</target>
<actual value="5">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Learning outcomes of students in national assessments in project-supported general education schools
</narrative></title>
<baseline year="2019" iso-date="2019-07-12" value="Baseline to be determined and set in 2020"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-07-12" />
<period-end iso-date="2027-03-15" />
<target value="Learning outcome assessment will be conducted in May 2025. Georgian Schools (Grades 6,8,9,10,11 and 12) - Georgian: 22.45; Math: 10.56; Science: 15.20. Non-Georgian Schools (Grades 6,8,9,10,11 and 12) - Georgian: 18.20; Math: 9.93; Science: 12.36.">
<comment><narrative>
Learning outcome assessment conducted in July 2022 serves as the baseline. Another round of assessment will be conducted towards the project closing date to determine progress.
</narrative></comment>
</target>
<actual value="Learning outcome assessment conducted in July 2022. Georgian Schools (Grades 6,8,9,10,11 and 12) - Georgian: 22.32; Math: 10.48; Science: 15.11. Non-Georgian Schools (Grades 6,8,9,10,11 and 12) - Georgian: 18.05; Math: 9.84; Science: 12.28.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Formative assessment tools and methodology revised, including assessment for special needs students up to 12th grade
</narrative></title>
<baseline year="2019" iso-date="2019-07-14" value="No formative national assessments conducted"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-07-14" />
<period-end iso-date="2027-03-14" />
<target value="Formative assessment system established">
<comment><narrative>
Achieved
</narrative></comment>
</target>
<actual value="Tools and methodology revised">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
System for preschool data reporting and consolidation mechanism established and incorporated in the EMIS
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="No systematic reporting and consolidation mechanisms exist"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2026-03-28" />
<target value="Systematic data reporting and consolidation mechanism established and streamlined in EMIS">
<comment><narrative>
On track: Mechanism was developed under Comp1, within the frames of the SDSURF contract and was handed over to the MoESY. Incorporation into EMIS is envisaged under Comp 4, under the scope of the eSchool activity.
</narrative></comment>
</target>
<actual value="Systematic data reporting and consolidation mechanism designed">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Beneficiary students with access to improved learning environments in project-supported schools
</narrative></title>
<baseline year="2019" iso-date="2019-06-29" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-29" />
<period-end iso-date="2026-03-29" />
<target value="116,000.00">
<comment><narrative>
The number of target beneficiary students has substantially increased due to the project support for technology and wi-fi to support COVID-induced blended teaching and learning process, which was not part of the original project design.
</narrative></comment>
</target>
<actual value="304,893">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Diagnostic study completed and recommendations made for development and expansion of quality ECEC completed.
</narrative></title>
<baseline year="2019" iso-date="2019-07-11" value="No diagnostic study"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-07-11" />
<period-end iso-date="2026-03-11" />
<target value="Diagnostic study completed and recommendations made">
<comment><narrative>
Completed
</narrative></comment>
</target>
<actual value="Completed and recommendations made">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
New architectural blueprints developed and 2 to 10 new model buildings accomodating preschools constructed
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2027-03-15" />
<target value="2.00">
<comment><narrative>
On Track. Construction works are ongoing all 9 schools.  Finalization of construction works under the Project is anticipated by March 2027
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Development of a data monitoring dashboard with quality monitoring indicators based on whole school approach
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="No monitoring dashboard exists"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2026-03-28" />
<target value="A data monitoring dashboard developed and operationalized">
<comment><narrative>
Completed: A data monitoring dashboard developed and operationalized
</narrative></comment>
</target>
<actual value="Completed">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Survey of change in female attitudes towards STEAM conducted amongst girls participating in the Thematic Innovation clubs
</narrative></title>
<baseline year="2020" iso-date="2020-09-27" value="Survey is planned in November 2023."><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-09-27" />
<period-end iso-date="2027-03-15" />
<target value="Endline to be measured">
<comment><narrative>
On track: This indicator measures the change in attitude of females participating in the Thematic Innovation Clubs towards STEAM.
</narrative></comment>
</target>
<actual value="Endline to be measured towards the end of the project.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Feasibility study conducted with recommendations for the establishment of National Institute of Educational Research completed
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="Not undertaken"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2027-03-15" />
<target value="Feasibility study completed and recommendations made">
<comment><narrative>
Achieved
</narrative></comment>
</target>
<actual value="Completed">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Collaborative e-platform identified and strengthened to support audiovisuals, weblinks, lesson plans documents for teachers and education professionals
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="Currently does not exist"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2026-03-28" />
<target value="Collaborative e-platform identified, strengthened and used">
<comment><narrative>
On track: This indicator measures the status of identification, strengthening and usage of a collaborative e-platform for education professionals.
</narrative></comment>
</target>
<actual value="Firm hired. LMS development process is underway.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
New School Readiness Programs introduced and provided with equipment, furniture and technology
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2026-03-28" />
<target value="150.00">
<comment><narrative>
On Track. 147 SRP classrooms have been rehabilitated. Equipment, furniture, and technologies procured for all these schools. Rehabilitation of additional 3 schools is expected to be completed by the end of August 2025. Piloting of the revised SRP is ongoing in 121 target schools. In the remaining schools pilot will commence from Sept 2025.
</narrative></comment>
</target>
<actual value="121">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Formative assessment tools and methodology revised, including assessment for special needs students up to 12th grade
</narrative></title>
<baseline year="2019" iso-date="2019-07-11" value="No formative national assessments conducted"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-07-11" />
<period-end iso-date="2026-03-11" />
<target value="Formative assessment system established">
<comment><narrative>
On track
</narrative></comment>
</target>
<actual value="Piloting of the proposed tools ongoing">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
System for preschool data reporting and consolidation mechanism established and incorporated in the EMIS
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="No systematic reporting and consolidation mechanisms exist"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2026-03-28" />
<target value="Systematic data reporting and consolidation mechanism established and streamlined in EMIS">
<comment><narrative>
On track: Mechanism was developed under Comp1, within the frames of the SDSURF contract and was handed over to the MoESY. Incorporation into EMIS is envisaged under Comp 4, under the scope of the eSchool activity.
</narrative></comment>
</target>
<actual value="On track">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
New teacher training modules and manuals developed on modern child centred pedagogy and formative continuous assessment
</narrative></title>
<baseline year="2019" iso-date="2019-06-27" value="Does not exist"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-27" />
<period-end iso-date="2026-03-27" />
<target value="New modules developed">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
New architectural blueprints developed and 2 to 10 new model buildings accomodating preschools constructed
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2026-03-28" />
<target value="2.00">
<comment><narrative>
On Track. Construction works are ongoing all 9 schools.  Finalization of construction works under the Project is anticipated by March 2027
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Development of a data monitoring dashboard with quality monitoring indicators based on whole school approach
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="No monitoring dashboard exists"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2027-03-15" />
<target value="A data monitoring dashboard developed and operationalized">
<comment><narrative>
Achieved: A data monitoring dashboard developed and operationalized
</narrative></comment>
</target>
<actual value="Completed">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
New architectural blueprints developed and 2 to 10 new model buildings accomodating preschools constructed
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2026-03-28" />
<target value="2.00">
<comment><narrative>
On Track. Construction works are ongoing in one school. As for the remaining 8 schools, detail design projects have been completed. Finalization of construction works under the Project is anticipated by the end of 2026.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Diagnostic study completed and recommendations made for development and expansion of quality ECEC completed.
</narrative></title>
<baseline year="2019" iso-date="2019-07-11" value="No diagnostic study"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-07-11" />
<period-end iso-date="2026-03-11" />
<target value="Diagnostic study completed and recommendations made">
<comment><narrative>
Completed
</narrative></comment>
</target>
<actual value="Completed and recommendations made">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Pre-service teacher education program accredited by EU in at least one university
</narrative></title>
<baseline year="2019" iso-date="2019-06-27" value="Not undertaken"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-27" />
<period-end iso-date="2026-03-27" />
<target value="Accreditation received in one university program">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Child-level ECEC quality monitoring instrument to strengthen support for school readiness and smooth transition to school introduced (based on MODEL/MELQO or other appropriate instrument)
</narrative></title>
<baseline year="2019" iso-date="2019-06-30" value="No quality monitoring instrument in place"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-30" />
<period-end iso-date="2026-03-28" />
<target value="Quality monitoring instrument developed, tested and introduced">
<comment><narrative>
On track: The instrument was developed and handed over to the MoESY in October 2024 for the introduction.
</narrative></comment>
</target>
<actual value="Draft child-level ECE quality monitoring instruments developed">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of girls participating in STEAM extracurricular programs
</narrative></title>
<baseline year="2019" iso-date="2019-07-11" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-07-11" />
<period-end iso-date="2027-03-15" />
<target value="50.00">
<comment><narrative>
Achieved
</narrative></comment>
</target>
<actual value="53">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Representative groups who report that the national consultation (and feedback) process on Georgia's Education policy principles was responsive to their views through an appropriate CE mechanism
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2026-03-28" />
<target value="70.00">
<comment><narrative>
On track: The Indicator has been incorporated into the Performance Evaluation study. 74% of representative group are either very satisfied or satisfied with the level of engagement in the process of the project activities. Endline data collection and analysis (Completion Report) due on January 30, 2026.
</narrative></comment>
</target>
<actual value="74.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Parents that report satisfaction with their engagement in the whole school improvement effort and demonstrate understanding of student-centered learning through beneficiary surveys in Year 1, 4 and 6
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2026-03-28" />
<target value="30.00">
<comment><narrative>
On track: The Indicator has been incorporated into the Performance Evaluation study. 74% of parents are satisfied with their engagement level in school improvement process. Endline data collection and analysis (Completion Report) due on January 30, 2026.
</narrative></comment>
</target>
<actual value="74.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
School architectural standards reviewed and updated to be used in the construction and rehabilitation of schools
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="Standards not updated"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2026-03-28" />
<target value="Standards updated">
<comment><narrative>
Achieved
</narrative></comment>
</target>
<actual value="Standards updated. Completed.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
New teacher training modules and manuals developed on modern child centred pedagogy and formative continuous assessment
</narrative></title>
<baseline year="2019" iso-date="2019-06-27" value="Does not exist"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-27" />
<period-end iso-date="2026-03-27" />
<target value="New modules developed">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
New School Readiness Programs introduced and provided with equipment, furniture and technology
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2027-03-15" />
<target value="150.00">
<comment><narrative>
On Track. 148 SRP classrooms have been rehabilitated. Equipment, furniture, and technologies procured for all these schools. Rehabilitation of additional 2 schools is expected to be completed by March 2026.
</narrative></comment>
</target>
<actual value="148">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Students benefiting from direct interventions to enhance learning
</narrative></title>
<baseline year="2019" iso-date="2019-11-29" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-11-29" />
<period-end iso-date="2026-03-28" />
<target value="265647.00">
<comment><narrative>
On track: This indicator measures number of students benefitting from ECE and general education interventions including infrastructure related interventions under the project.
</narrative></comment>
</target>
<actual value="304.893.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Representative groups who report that the national consultation (and feedback) process on Georgia's Education policy principles was responsive to their views through an appropriate CE mechanism
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2027-03-15" />
<target value="70.00">
<comment><narrative>
On track: The Indicator has been incorporated into the Performance Evaluation study. 74% of representative group are either very satisfied or satisfied with the level of engagement in the process of the project activities. Endline data collection and analysis (Completion Report) due on January 30, 2026.
</narrative></comment>
</target>
<actual value="74.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Collaborative e-platform identified and strengthened to support audiovisuals, weblinks, lesson plans documents for teachers and education professionals
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="Currently does not exist"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2026-03-28" />
<target value="Collaborative e-platform identified, strengthened and used">
<comment><narrative>
On track: Firm hired, LMS development underway. Implementation timeline - September 2024 - March 2026.
</narrative></comment>
</target>
<actual value="In process">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
GIS education mapping system established and integrated educational tracking system in place
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="Under initial development"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2027-03-15" />
<target value="Fully developed and established">
<comment><narrative>
Achieved: This indicator measures the status of establishment of GIS Education mapping and linkage and integration with other systems for longitudinal tracking of education (learning journey).

The system is developed by the government and is operational.
</narrative></comment>
</target>
<actual value="Completed">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Trainers and coaches of education workforce staff that receive training (ToT)
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2027-03-15" />
<target value="1,600.00">
<comment><narrative>
Achieved: This indicator measures the number of trainers who receive training and capacity building to be able to coach/train education workforce staff.

Capacity-building activities have been carried out under following contracts: (i) “Fostering Quality Teaching and Learning in General Education through Introduction of Effective Quality Management System, Whole School Improvement Plan and Programs, Improved Assessment Policy, Practice and Methodology” and (ii) “Delivery of TAO Administrative and Technical Training to Support NAEC in Project Implementation&quot;.
</narrative></comment>
</target>
<actual value="2,478.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of girls participating in STEAM extracurricular programs
</narrative></title>
<baseline year="2019" iso-date="2019-07-11" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-07-11" />
<period-end iso-date="2026-03-11" />
<target value="50.00">
<comment><narrative>
Achieved
</narrative></comment>
</target>
<actual value="53">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Learning outcomes of students in national assessments in project-supported general education schools
</narrative></title>
<baseline year="2019" iso-date="2019-07-12" value="Baseline to be determined and set in 2020"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-07-12" />
<period-end iso-date="2026-03-12" />
<target value="Learning outcome assessment will be conducted in May 2025. Georgian Schools (Grades 6,8,9,10,11 and 12) - Georgian: 22.45; Math: 10.56; Science: 15.20. Non-Georgian Schools (Grades 6,8,9,10,11 and 12) - Georgian: 18.20; Math: 9.93; Science: 12.36.">
<comment><narrative>
Learning outcome assessment conducted in July 2022 serves as the baseline. Another round of assessment will be conducted towards the project closing date to determine progress.
</narrative></comment>
</target>
<actual value="Learning outcome assessment conducted in July 2022. Georgian Schools (Grades 6,8,9,10,11 and 12) - Georgian: 22.32; Math: 10.48; Science: 15.11. Non-Georgian Schools (Grades 6,8,9,10,11 and 12) - Georgian: 18.05; Math: 9.84; Science: 12.28.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Higher education grants established under Competitive Innovation Fund achieving at least 80 percent of their proposed objectives
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="Not present"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2027-03-15" />
<target value="Upto 45 grants awarded to foster modernization of teacher education programs and strengthen labor market linkages">
<comment><narrative>
On track: 27 grants have been awarded to HEIs, 19 of the 27 projects have reached completion, with each achieving 100% fulfillment of their proposed objectives as verified and formally approved by the Awards Committee.
</narrative></comment>
</target>
<actual value="27 projects have been awarded with CIF grants. As of  April 2026, 19 of the 27 projects have reached their completion, with each achieving 100% fulfillment of their proposed objectives as verified and formally approved by the Awards Committee.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of rehabilitated general education schools
</narrative></title>
<baseline year="2019" iso-date="2019-07-11" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-07-11" />
<period-end iso-date="2027-03-15" />
<target value="23.00">
<comment><narrative>
On track.
</narrative></comment>
</target>
<actual value="7">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Learning outcomes of students in national assessments in project-supported general education schools
</narrative></title>
<baseline year="2019" iso-date="2019-07-12" value="Baseline to be determined and set in 2020"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-07-12" />
<period-end iso-date="2027-03-15" />
<target value="Learning outcome assessment will be conducted in May 2025. Georgian Schools (Grades 6,8,9,10,11 and 12) - Georgian: 22.45; Math: 10.56; Science: 15.20. Non-Georgian Schools (Grades 6,8,9,10,11 and 12) - Georgian: 18.20; Math: 9.93; Science: 12.36.">
<comment><narrative>
Learning outcome assessment conducted in July 2022 serves as the baseline. Another round of assessment will be conducted in late fall 2026 to determine progress.
</narrative></comment>
</target>
<actual value="Learning outcome assessment conducted in July 2022. Georgian Schools (Grades 6,8,9,10,11 and 12) - Georgian: 22.32; Math: 10.48; Science: 15.11. Non-Georgian Schools (Grades 6,8,9,10,11 and 12) - Georgian: 18.05; Math: 9.84; Science: 12.28.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
School architectural standards reviewed and updated to be used in the construction and rehabilitation of schools
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="Standards not updated"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2027-03-15" />
<target value="Standards updated">
<comment><narrative>
Achieved
</narrative></comment>
</target>
<actual value="Standards updated. Completed.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Multiyear communications strategy drafted and adopted based on general education policy principles
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="Does not exist"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2027-03-15" />
<target value="Developed and adopted">
<comment><narrative>
Achieved: This indicator measures status of creation and adoption of the communications strategy.

The strategy is developed and adopted.
</narrative></comment>
</target>
<actual value="Completed">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Child-level ECEC quality monitoring instrument to strengthen support for school readiness and smooth transition to school introduced (based on MODEL/MELQO or other appropriate instrument)
</narrative></title>
<baseline year="2019" iso-date="2019-06-30" value="No quality monitoring instrument in place"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-30" />
<period-end iso-date="2027-03-15" />
<target value="Quality monitoring instrument developed, tested and introduced">
<comment><narrative>
On track: The instrument was developed and handed over to the MoESY in October 2024 for the introduction.
</narrative></comment>
</target>
<actual value="On track">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Development of a data integration strategy and action plan from PreK to HE
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="A data integration strategy action plan does not exist"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2027-03-15" />
<target value="A data integration strategy and action plan developed">
<comment><narrative>
Completed: Measures status of a data integration strategy and action plan for PreK to HE.

The activity is completed, EMIS diagnostics and action plan has been developed.
</narrative></comment>
</target>
<actual value="Completed">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Merit-based student grant system developed acceptable for the MoESY.
</narrative></title>
<baseline year="2024" iso-date="2024-12-13" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2024-12-13" />
<period-end iso-date="2027-03-15" />
<target value="Yes">
<comment><narrative>
On track: This indicator measures the status and progress towards the development of a merit-based scholarship model.

On track: The model has been successfully developed and accepted by the MoESY, with its submission included in the 4th Report from the Consultant, officially approved on November 26, 2024. Efforts are currently focused on preparing a package of regulatory legislative changes for establishing the legal framework necessary for the merit-based scholarship model's implementation.
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Large-scale primary/secondary learning assessments completed
</narrative></title>
<baseline year="2019" iso-date="2019-11-29" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-11-29" />
<period-end iso-date="2026-03-28" />
<target value="3.00">
<comment><narrative>
On track: The new national student assessment policy and framework have been prepared. This framework determines grades and subjects of national assessments. The project will support grade 10 assessments of all subject groups.

The project has conducted one round of student learning assessment in partnership with NAEC.
</narrative></comment>
</target>
<actual value="1.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
New School Readiness Programs introduced and provided with equipment, furniture and technology
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2027-03-15" />
<target value="150.00">
<comment><narrative>
On Track. 150 SRP classrooms have been rehabilitated. Equipment, furniture, and technologies procured for all these schools.
</narrative></comment>
</target>
<actual value="150">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Collaborative e-platform identified and strengthened to support audiovisuals, weblinks, lesson plans documents for teachers and education professionals
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="Currently does not exist"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2027-03-15" />
<target value="Collaborative e-platform identified, strengthened and used">
<comment><narrative>
On track: Firm hired, LMS development underway, first phase pilot launched.
</narrative></comment>
</target>
<actual value="In process">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Child-level ECEC quality monitoring instrument to strengthen support for school readiness and smooth transition to school introduced (based on MODEL/MELQO or other appropriate instrument)
</narrative></title>
<baseline year="2019" iso-date="2019-06-30" value="No quality monitoring instrument in place"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-30" />
<period-end iso-date="2026-03-28" />
<target value="Quality monitoring instrument developed, tested and introduced">
<comment><narrative>
On track: The instrument was developed and handed over to the MoESY in October 2024 for the introduction.
</narrative></comment>
</target>
<actual value="On track">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of new general education schools constructed
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2026-03-28" />
<target value="5.00">
<comment><narrative>
On track: All contracts have been signed, design preparation and civil works are ongoing in all schools. Completion of all constructions under the Project are expected by the end of March 2027.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Select schools resourced with a school improvement package to strengthen the implementation of the whole school approach
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2027-03-15" />
<target value="200.00">
<comment><narrative>
Achieved:  As of Feb 2026, as part of the whole school improvement package, in order to support the distance learning process, 433 schools were equipped with the necessary computer equipment (laptops, projectors). Also, 121 out of those schools are being supported with the supply and installation of Wi-Fi networks.

In addition, 201 schools are equipped with STEAM resources.

Once duplicate entries were remove the number of selected schools remained is 634.
</narrative></comment>
</target>
<actual value="634">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Merit-based student grant system developed acceptable for the MoESY.
</narrative></title>
<baseline year="2024" iso-date="2024-12-13" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2024-12-13" />
<period-end iso-date="2027-03-15" />
<target value="Yes">
<comment><narrative>
Achieved: Merit-based student grant system and the set of legislative changes required to implement the revised grant system for higher education have been developed.

The merit-based grant system was delivered through Progress Report 4, verified by MESY and the contract steering group, and formally submitted via official correspondence No. 1520070 dated November 26, 2024, in the Ministry's document management system (E-Flow).
The comprehensive legislative amendment package (16 legal and sublegal acts) was delivered through Progress Report 5, verified by MESY and the contract steering group, and formally submitted via official correspondence No. 933884 dated July 31, 2025, in the Ministry's document management system (E-Flow).
</narrative></comment>
</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Higher education grants established under Competitive Innovation Fund achieving at least 80 percent of their proposed objectives
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="Not present"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2026-03-28" />
<target value="Upto 45 grants awarded to foster modernization of teacher education programs and strengthen labor market linkages">
<comment><narrative>
On track: 27 grants have been awarded to HEIs, 14 of the 27 projects have reached completion, with each achieving 100% fulfillment of their proposed objectives as verified and formally approved by the Awards Committee.
</narrative></comment>
</target>
<actual value="27 projects have been awarded with CIF grants. As of May 2025, 5 of the 27 projects have reached their completion, with each achieving 100% fulfillment of their proposed objectives as verified and formally approved by the Awards Committee.">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
5 to 6-year old children enrolled in School Readiness Programs (Pre-school level)
</narrative></title>
<baseline year="2019" iso-date="2019-06-29" value="80.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-29" />
<period-end iso-date="2026-03-29" />
<target value="92.00">
<comment><narrative>
The actual value has been reported by the Ministry of Education. The data is based on results of the annual survey obtained by the Ministry in December 2024.
</narrative></comment>
</target>
<actual value="94.78">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Trainers and coaches of education workforce staff that receive training (ToT)
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2026-06-27" />
<target value="1,600.00">
<comment><narrative>
On track: This indicator measures the number of trainers who receive training and capacity building to be able to coach/train education workforce staff.

Capacity-building activities are being carried out under following contract: Fostering Quality Teaching and Learning in General Education through Introduction of Effective Quality Management System, Whole School Improvement Plan and Programs, Improved Assessment Policy, Practice and Methodology.
</narrative></comment>
</target>
<actual value="1,223.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of rehabilitated general education schools
</narrative></title>
<baseline year="2019" iso-date="2019-07-11" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-07-11" />
<period-end iso-date="2026-03-11" />
<target value="23.00">
<comment><narrative>
On track: Works are ongoing in 32 schools, out of which 6 are expected to be completed by Dec 31, 2025
</narrative></comment>
</target>
<actual value="5">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Select schools resourced with a school improvement package to strengthen the implementation of the whole school approach
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2027-03-15" />
<target value="200.00">
<comment><narrative>
Achieved:  As of April 2026, as part of the whole school improvement package, in order to support the distance learning process, 433 schools were equipped with the necessary tech equipment (laptops, projectors). Also, 121 out of those schools were supported with the supply and installation of Wi-Fi networks.

In addition, 201 schools are equipped with STEAM resources.
</narrative></comment>
</target>
<actual value="635">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Collaborative e-platform identified and strengthened to support audiovisuals, weblinks, lesson plans documents for teachers and education professionals
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="Currently does not exist"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2027-03-15" />
<target value="Collaborative e-platform identified, strengthened and used">
<comment><narrative>
On track: Firm hired, LMS development underway. Implementation timeline - September 2024 - March 2026.
</narrative></comment>
</target>
<actual value="In process">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of rehabilitated general education schools
</narrative></title>
<baseline year="2019" iso-date="2019-07-11" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-07-11" />
<period-end iso-date="2027-03-15" />
<target value="23.00">
<comment><narrative>
On track. Six additional schools to be completed by end May 2026 and the remaining before project end date.
</narrative></comment>
</target>
<actual value="7">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Trainers and coaches of education workforce staff that receive training (ToT)
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2027-03-15" />
<target value="1,600.00">
<comment><narrative>
On track: This indicator measures the number of trainers who receive training and capacity building to be able to coach/train education workforce staff.

Capacity-building activities are being carried out under following contract: Fostering Quality Teaching and Learning in General Education through Introduction of Effective Quality Management System, Whole School Improvement Plan and Programs, Improved Assessment Policy, Practice and Methodology.
</narrative></comment>
</target>
<actual value="1,408.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Performance-based funding model for higher education institutions and its administration tools developed
</narrative></title>
<baseline year="2024" iso-date="2024-12-13" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2024-12-13" />
<period-end iso-date="2027-03-15" />
<target value="Yes">
<comment><narrative>
The performance-based funding (PBF) model was delivered through Progress Report 4, verified by MoESY and the steering group.
For the pilot system, the consultant introduced the pilot module, updated user manual, and system specifications. IMDS pilot v4.0 will be refined following MESY and EMIS feedback.
For the legal documentation, the consultant submitted preliminary draft implementation instructions on October 23, 2025. These will be refined and finalized in Progress Report 6.
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Survey of change in female attitudes towards STEAM conducted amongst girls participating in the Thematic Innovation clubs
</narrative></title>
<baseline year="2020" iso-date="2020-09-27" value="Survey is planned in November 2023."><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-09-27" />
<period-end iso-date="2026-03-28" />
<target value="Endline to be measured">
<comment><narrative>
On track: This indicator measures the change in attitude of females participating in the Thematic Innovation Clubs towards STEAM.
</narrative></comment>
</target>
<actual value="Endline to be measured towards the end of the project.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Formative assessment tools and methodology revised, including assessment for special needs students up to 12th grade
</narrative></title>
<baseline year="2019" iso-date="2019-07-14" value="No formative national assessments conducted"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-07-14" />
<period-end iso-date="2027-03-14" />
<target value="Formative assessment system established">
<comment><narrative>
Achieved
</narrative></comment>
</target>
<actual value="Piloting of the proposed tools ongoing">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Higher education grants established under Competitive Innovation Fund achieving at least 80 percent of their proposed objectives
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="Not present"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2026-03-28" />
<target value="Upto 45 grants awarded to foster modernization of teacher education programs and strengthen labor market linkages">
<comment><narrative>
Completed: 27 grants have been awarded to HEIs.
</narrative></comment>
</target>
<actual value="27 projects have been awarded with CIF grants. As of May 2025, 5 of the 27 projects have reached their completion, with each achieving 100% fulfillment of their proposed objectives as verified and formally approved by the Awards Committee.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
GIS education mapping system established and integrated educational tracking system in place
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="Under initial development"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2026-03-28" />
<target value="Fully developed and established">
<comment><narrative>
Completed: This indicator measures the status of establishment of GIS Education mapping and linkage and integration with other systems for longitudinal tracking of education (learning journey).

The system is developed by the government and is operational.
</narrative></comment>
</target>
<actual value="Completed">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Parents that report satisfaction with their engagement in the whole school improvement effort and demonstrate understanding of student-centered learning through beneficiary surveys in Year 1, 4 and 6
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2027-03-15" />
<target value="30.00">
<comment><narrative>
On track: The Indicator has been incorporated into the Performance Evaluation study. 74% of parents are satisfied with their engagement level in school improvement process. Endline data collection and analysis (Completion Report) due on January 30, 2027.
</narrative></comment>
</target>
<actual value="74.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Survey of change in female attitudes towards STEAM conducted amongst girls participating in the Thematic Innovation clubs
</narrative></title>
<baseline year="2020" iso-date="2020-09-27" value="Survey is planned in November 2023."><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-09-27" />
<period-end iso-date="2027-03-15" />
<target value="Endline to be measured">
<comment><narrative>
On track: This indicator measures the change in attitude of females participating in the Thematic Innovation Clubs towards STEAM.
</narrative></comment>
</target>
<actual value="Endline to be measured towards the end of the project.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Feasibility study conducted with recommendations for the establishment of National Institute of Educational Research completed
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="Not undertaken"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2027-03-15" />
<target value="Feasibility study completed and recommendations made">
<comment><narrative>
Achieved: This indicator measures the status of the feasibility study completion. Proposed recommendations were taken into consideration during the establishment of the Institute.
</narrative></comment>
</target>
<actual value="Completed">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
System for preschool data reporting and consolidation mechanism established and incorporated in the EMIS
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="No systematic reporting and consolidation mechanisms exist"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2027-03-15" />
<target value="Systematic data reporting and consolidation mechanism established and streamlined in EMIS">
<comment><narrative>
On track: Mechanism was developed under Comp1, within the frames of the SDSURF contract and was handed over to the MoESY. Incorporation into EMIS is envisaged under Comp 4, under the scope of the eSchool activity.
</narrative></comment>
</target>
<actual value="On track">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Pre-service teacher education program accredited by EU in at least one university
</narrative></title>
<baseline year="2019" iso-date="2019-06-27" value="Not undertaken"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-27" />
<period-end iso-date="2026-03-27" />
<target value="Accreditation received in one university program">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of girls participating in STEAM extracurricular programs
</narrative></title>
<baseline year="2019" iso-date="2019-07-11" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-07-11" />
<period-end iso-date="2026-03-11" />
<target value="50.00">
<comment><narrative>
Achieved
</narrative></comment>
</target>
<actual value="53">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Feasibility study conducted with recommendations for the establishment of National Institute of Educational Research completed
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="Not undertaken"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2026-03-28" />
<target value="Feasibility study completed and recommendations made">
<comment><narrative>
Completed: This indicator measures the status of the feasibility study completion. Proposed recommendations were taken into consideration during the establishment of the Institute.
</narrative></comment>
</target>
<actual value="Completed. The National Institute of Educational Research has been established by the government based on the concept proposed by the project.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of general education schools which developed and introduced STEAM extracurricular programs
</narrative></title>
<baseline year="2019" iso-date="2019-07-11" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-07-11" />
<period-end iso-date="2027-03-15" />
<target value="200.00">
<comment><narrative>
Achieved. Number of beneficiary schools slightly above target.
</narrative></comment>
</target>
<actual value="201">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of new general education schools constructed
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2027-03-15" />
<target value="5.00">
<comment><narrative>
On track: All contracts have been signed, design preparation and civil works are ongoing in all schools. Completion of all constructions under the Project are expected by the end of March 2027.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Select schools resourced with a school improvement package to strengthen the implementation of the whole school approach
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2026-03-28" />
<target value="200.00">
<comment><narrative>
Achieved:  As of November 2025, as part of the whole school improvement package, in order to support the distance learning process, 433 schools were equipped with the necessary computer equipment (laptops, projectors). Also, 121 out of those schools are being supported with the supply and installation of Wi-Fi networks.

In addition, 200 schools are equipped with STEAM resources.

Once duplicate entries were remove the number of selected schools remained is 634.
</narrative></comment>
</target>
<actual value="634">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Child-level ECEC quality monitoring instrument to strengthen support for school readiness and smooth transition to school introduced (based on MODEL/MELQO or other appropriate instrument)
</narrative></title>
<baseline year="2019" iso-date="2019-06-30" value="No quality monitoring instrument in place"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-30" />
<period-end iso-date="2027-03-15" />
<target value="Quality monitoring instrument developed, tested and introduced">
<comment><narrative>
On track: The instrument was developed and handed over to the MoESY in October 2024 for the introduction.
</narrative></comment>
</target>
<actual value="On track">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of general education schools which developed and introduced STEAM extracurricular programs
</narrative></title>
<baseline year="2019" iso-date="2019-07-11" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-07-11" />
<period-end iso-date="2026-03-11" />
<target value="200.00">
<comment><narrative>
Achieved
</narrative></comment>
</target>
<actual value="200">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Higher education grants established under Competitive Innovation Fund achieving at least 80 percent of their proposed objectives
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="Not present"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2027-03-15" />
<target value="Upto 45 grants awarded to foster modernization of teacher education programs and strengthen labor market linkages">
<comment><narrative>
On track: 27 grants have been awarded to HEIs, 14 of the 27 projects have reached completion, with each achieving 100% fulfillment of their proposed objectives as verified and formally approved by the Awards Committee.
</narrative></comment>
</target>
<actual value="27 projects have been awarded with CIF grants. As of May 2025, 5 of the 27 projects have reached their completion, with each achieving 100% fulfillment of their proposed objectives as verified and formally approved by the Awards Committee.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Parents that report satisfaction with their engagement in the whole school improvement effort and demonstrate understanding of student-centered learning through beneficiary surveys in Year 1, 4 and 6
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2026-03-28" />
<target value="30.00">
<comment><narrative>
On track: The Indicator has been incorporated into the Performance Evaluation study. 74% of parents are satisfied with their engagement level in school improvement process. Endline data collection and analysis (Completion Report) due on January 30, 2027.
</narrative></comment>
</target>
<actual value="74.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Learning outcomes of students in national assessments in project-supported general education schools
</narrative></title>
<baseline year="2019" iso-date="2019-07-12" value="Baseline to be determined and set in 2020"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-07-12" />
<period-end iso-date="2027-03-15" />
<target value="Learning outcome assessment will be conducted in May 2025. Georgian Schools (Grades 6,8,9,10,11 and 12) - Georgian: 22.45; Math: 10.56; Science: 15.20. Non-Georgian Schools (Grades 6,8,9,10,11 and 12) - Georgian: 18.20; Math: 9.93; Science: 12.36.">
<comment><narrative>
Learning outcome assessment conducted in July 2022 serves as the baseline. Another round of assessment will be conducted in late fall 2026 to determine progress.
</narrative></comment>
</target>
<actual value="Learning outcome assessment conducted in July 2022. Georgian Schools (Grades 6,8,9,10,11 and 12) - Georgian: 22.32; Math: 10.48; Science: 15.11. Non-Georgian Schools (Grades 6,8,9,10,11 and 12) - Georgian: 18.05; Math: 9.84; Science: 12.28.">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Learning outcomes of students in national assessments in project-supported general education schools
</narrative></title>
<baseline year="2019" iso-date="2019-07-12" value="Baseline to be determined and set in 2020"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-07-12" />
<period-end iso-date="2026-03-12" />
<target value="Learning outcome assessment will be conducted in May 2025. Georgian Schools (Grades 6,8,9,10,11 and 12) - Georgian: 22.45; Math: 10.56; Science: 15.20. Non-Georgian Schools (Grades 6,8,9,10,11 and 12) - Georgian: 18.20; Math: 9.93; Science: 12.36.">
<comment><narrative>
Learning outcome assessment conducted in July 2022 serves as the baseline. Another round of assessment will be conducted towards the project closing date to determine progress.
</narrative></comment>
</target>
<actual value="Learning outcome assessment conducted in July 2022. Georgian Schools (Grades 6,8,9,10,11 and 12) - Georgian: 22.32; Math: 10.48; Science: 15.11. Non-Georgian Schools (Grades 6,8,9,10,11 and 12) - Georgian: 18.05; Math: 9.84; Science: 12.28.">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Learning outcomes of students in national assessments in project-supported general education schools
</narrative></title>
<baseline year="2019" iso-date="2019-07-12" value="Baseline to be determined and set in 2020"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-07-12" />
<period-end iso-date="2026-03-12" />
<target value="Learning outcome assessment will be conducted in May 2025. Georgian Schools (Grades 6,8,9,10,11 and 12) - Georgian: 22.45; Math: 10.56; Science: 15.20. Non-Georgian Schools (Grades 6,8,9,10,11 and 12) - Georgian: 18.20; Math: 9.93; Science: 12.36.">
<comment><narrative>
Learning outcome assessment conducted in July 2022 serves as the baseline. Another round of assessment will be conducted towards the project closing date to determine progress.
</narrative></comment>
</target>
<actual value="Learning outcome assessment conducted in July 2022. Georgian Schools (Grades 6,8,9,10,11 and 12) - Georgian: 22.32; Math: 10.48; Science: 15.11. Non-Georgian Schools (Grades 6,8,9,10,11 and 12) - Georgian: 18.05; Math: 9.84; Science: 12.28.">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Learning outcomes of students in national assessments in project-supported general education schools
</narrative></title>
<baseline year="2019" iso-date="2019-07-12" value="Baseline to be determined and set in 2020"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-07-12" />
<period-end iso-date="2027-03-15" />
<target value="Learning outcome assessment will be conducted in May 2025. Georgian Schools (Grades 6,8,9,10,11 and 12) - Georgian: 22.45; Math: 10.56; Science: 15.20. Non-Georgian Schools (Grades 6,8,9,10,11 and 12) - Georgian: 18.20; Math: 9.93; Science: 12.36.">
<comment><narrative>
Learning outcome assessment conducted in July 2022 serves as the baseline. Another round of assessment will be conducted towards the project closing date to determine progress.
</narrative></comment>
</target>
<actual value="Learning outcome assessment conducted in July 2022. Georgian Schools (Grades 6,8,9,10,11 and 12) - Georgian: 22.32; Math: 10.48; Science: 15.11. Non-Georgian Schools (Grades 6,8,9,10,11 and 12) - Georgian: 18.05; Math: 9.84; Science: 12.28.">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Beneficiary students with access to improved learning environments in project-supported schools
</narrative></title>
<baseline year="2019" iso-date="2019-06-29" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-29" />
<period-end iso-date="2027-03-15" />
<target value="116,000.00">
<comment><narrative>
The number of target beneficiary students has substantially increased due to the project support for technology and wi-fi to support COVID-induced blended teaching and learning process, which was not part of the original project design.
</narrative></comment>
</target>
<actual value="304,893">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Beneficiary students with access to improved learning environments in project-supported schools
</narrative></title>
<baseline year="2019" iso-date="2019-06-29" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-29" />
<period-end iso-date="2026-03-29" />
<target value="116,000.00">
<comment><narrative>
The number of target beneficiary students has substantially increased due to the project support for technology and wi-fi to support COVID-induced blended teaching and learning process, which was not part of the original project design.
</narrative></comment>
</target>
<actual value="304,893">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Beneficiary students with access to improved learning environments in project-supported schools
</narrative></title>
<baseline year="2019" iso-date="2019-06-29" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-29" />
<period-end iso-date="2026-03-29" />
<target value="116,000.00">
<comment><narrative>
The number of target beneficiary students has substantially increased due to the project support for technology and wi-fi to support COVID-induced blended teaching and learning process, which was not part of the original project design.
</narrative></comment>
</target>
<actual value="304,893">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Beneficiary students with access to improved learning environments in project-supported schools
</narrative></title>
<baseline year="2019" iso-date="2019-06-29" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-29" />
<period-end iso-date="2027-03-15" />
<target value="116,000.00">
<comment><narrative>
The number of target beneficiary students has substantially increased due to the project support for technology and wi-fi to support COVID-induced blended teaching and learning process, which was not part of the original project design.
</narrative></comment>
</target>
<actual value="304,893">

</actual>
</period>
</indicator>
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<capital-spend percentage="100" /><transaction><transaction-type code="2" /><transaction-date iso-date="2019-05-31"/><value value-date="2019-05-31">70700000</value><description xml:lang="en"><narrative>Total Commitment in May Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-02-29"/><value value-date="2020-02-29">170547</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-08-31"/><value value-date="2020-08-31">590150</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-11-30"/><value value-date="2020-11-30">3616388</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-12-31"/><value value-date="2020-12-31">2052057</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-01-31"/><value value-date="2021-01-31">1303573</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-05-31"/><value value-date="2021-05-31">533175</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-11-30"/><value value-date="2021-11-30">497602</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-12-31"/><value value-date="2021-12-31">366804</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-04-30"/><value value-date="2022-04-30">1757026</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-05-31"/><value value-date="2022-05-31">1057147</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-06-30"/><value value-date="2022-06-30">573232</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-07-31"/><value value-date="2022-07-31">440909</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-08-31"/><value value-date="2022-08-31">707230</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-10-31"/><value value-date="2022-10-31">4066675</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-11-30"/><value value-date="2022-11-30">357315</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-12-31"/><value value-date="2022-12-31">6655112</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-01-31"/><value value-date="2023-01-31">231588</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-02-28"/><value value-date="2023-02-28">11117</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-03-31"/><value value-date="2023-03-31">266939</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-05-31"/><value value-date="2023-05-31">1874572</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-08-31"/><value value-date="2023-08-31">994207</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-10-31"/><value value-date="2023-10-31">244843</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-12-31"/><value value-date="2023-12-31">3128292</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-01-31"/><value value-date="2024-01-31">1539014</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-02-29"/><value value-date="2024-02-29">922325</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-05-31"/><value value-date="2024-05-31">1493784</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-06-30"/><value value-date="2024-06-30">429875</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-07-31"/><value value-date="2024-07-31">1479092</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-08-31"/><value value-date="2024-08-31">446860</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-10-31"/><value value-date="2024-10-31">760445</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-11-30"/><value value-date="2024-11-30">749573</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-12-31"/><value value-date="2024-12-31">1156426</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2025-02-28"/><value value-date="2025-02-28">316004</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2025-06-30"/><value value-date="2025-06-30">263185</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2025-11-30"/><value value-date="2025-11-30">309376</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2025-12-31"/><value value-date="2025-12-31">465403</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2026-01-31"/><value value-date="2026-01-31">1509713</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2026-05-31"/><value value-date="2026-05-31">332953</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-02-29"/><value value-date="2020-02-29">-170547</value><description xml:lang="en"><narrative>Total Interest Repayment in February Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-05-31"/><value value-date="2020-05-31">-125210</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-11-30"/><value value-date="2020-11-30">-94119</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-05-31"/><value value-date="2021-05-31">-110503</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-11-30"/><value value-date="2021-11-30">-108978</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-05-31"/><value value-date="2022-05-31">-98297</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-11-30"/><value value-date="2022-11-30">-128479</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-05-31"/><value value-date="2023-05-31">-471089</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-11-30"/><value value-date="2023-11-30">-737368</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-05-31"/><value value-date="2024-05-31">-911887</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-11-30"/><value value-date="2024-11-30">-960631</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-05-31"/><value value-date="2025-05-31">-878404</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-11-30"/><value value-date="2025-11-30">-791867</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2026-05-31"/><value value-date="2026-05-31">-814580</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-39499"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P169117"><title xml:lang="en"><narrative>Contract Awards</narrative></title><category code="A11" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-detail/P169117?lang=en"><title xml:lang="en"><narrative>Project URL</narrative></title><category code="A12" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P169117"><title xml:lang="en"><narrative>Procurement Notices</narrative></title><category code="A10" /></document-link><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Increase in demand for gender-based violence support services in project regions
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="10.00">
<comment><narrative>
This indicator will monitor the progress on gender-related activities.

Under the ESCP, GSE has an obligation to mobilize a qualified expert on the issue of gender-based violence and conduct an awareness campaign in each project-affected community about GBV risks and available support services. As of July 2023, GSE has completed the process of mobilizing the gender expert, who is suporting project implementation during RAP implementation and construction of the OHL.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Jvari-Tskaltubo 500 kV OHL constructed
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="77.00">
<comment><narrative>
This indicator will measure the progress with construction of the target transmission line.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
End of GSE rehabilitation regime
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="Yes">
<comment><narrative>
This indicator measures the progress with the financial recovery of GSE.

GSE has exited the bankruptcy regime and has made substantial profits in 2023.&amp;nbsp;
</narrative></comment>
</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
500/220 kV Tskaltubo substation constructed
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="Yes">
<comment><narrative>
This indicator will track progress with completion of 500/220 kV Tskaltubo substation.&amp;nbsp;
</narrative></comment>
</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Average annual duration of end-user outages caused by failures of 500 kV OHLs in the western part of Georgia
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="161.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="0.00">
<comment><narrative>
This indicator measures the improvement of electricity supply reliability in the western part of Georgia.

The duration of outages in the western part of Georgia will be changing from year to year in an unpredictable manner until the new line is constructed. There is no change in the Target Value of this indicator.

The latest value is 24 for the full year of 2022.
</narrative></comment>
</target>
<actual value="0">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
500/220 kV Tskaltubo substation constructed
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="Yes">
<comment><narrative>
This indicator will track progress with completion of 500/220 kV Tskaltubo substation.&amp;nbsp;
</narrative></comment>
</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of end-user outages caused by failures of 500 kV OHLs in the western part of Georgia
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="4.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="0.00">
<comment><narrative>
This indicator measures improvements in reliability of electricity supply in the western part of Georgia. This indicator would track outages caused only by failures on the 500 kV Imereti, Zekari, Jvari-Tskaltubo, and Tskaltubo-Akhaltiskhe OHLs.

The Actual outage data changes from year to year based on actual outages on the mentioned existing lines. The target remains unchanged.

The latest value is for the full year of 2022 (2 outages).
</narrative></comment>
</target>
<actual value="0">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Mechanism is introduced to reduce or eliminate exposure of GSE to FX risks
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="Yes">
<comment><narrative>
This indicator will measure the progress with introduction and implementation of mechanism to eliminate or reduce GSE exposure to FX risks.
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Average annual duration of end-user outages caused by failures of 500 kV OHLs in the western part of Georgia
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="161.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="0.00">
<comment><narrative>
This indicator measures the improvement of electricity supply reliability in the western part of Georgia.

The duration of outages in the western part of Georgia will be changing from year to year in an unpredictable manner until the new line is constructed. There is no change in the Target Value of this indicator.

The latest value is 25 for the half-year of 2025.
</narrative></comment>
</target>
<actual value="25">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
GSE is issued a credit rating by an international reputable rating agency
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="Yes">
<comment><narrative>
This indicator will measure the progress with preparedness of GSE to access commercial financing. This has been delayed, even though a contract with a credit rating agency was signed at the end of 2021.
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Increase in demand for gender-based violence support services in project regions
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="10.00">
<comment><narrative>
This indicator will monitor the progress on gender-related activities.

Under the ESCP, GSE has an obligation to mobilize a qualified expert on the issue of gender-based violence and conduct an awareness campaign in each project-affected community about GBV risks and available support services. As of July 2023, GSE has completed the process of mobilizing the gender expert, who is suporting project implementation during RAP implementation and construction of the OHL.
</narrative></comment>
</target>
<actual value="8.12">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of grievances recorded by the Project and resolved within a two-week period
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="100.00">
<comment><narrative>
This indicator will monitor efficiency of GRM under the Project.
</narrative></comment>
</target>
<actual value="45.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Long-term commercial financing mobilized
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="100,000,000.00">
<comment><narrative>
This indicator measures progress with securing long-term commercial financing.

The target was for GSE to raise US$100m by June 2021. However, progress on this indicator has been delayed.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Reduction of cash deficit of GSE
</narrative></title>
<baseline year="2017" iso-date="2017-12-31" value="3,064,460.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2017-12-31" />
<period-end iso-date="2028-06-15" />
<target value="0.00">
<comment><narrative>
This indicator will measure the adequacy of the operating cash revenues of GSE (as a Group) to fully finance the required recurrent operating and maintenance costs, debt service, and taxes.&amp;nbsp;

The actual value is updated reflecting the latest year for which financial statements are available (2022), and therefore dated December 31, 2023.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Improved decision-making on new investments in power transmission network as a result of institutional strengthening
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="New investments in power transmission network are not always consistent with the principles of least economic cost planning."><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="New investments in power transmission network are always consistent with the principles of least economic cost planning.">
<comment><narrative>
This indicator will measure the progress with strengthening of institutional capacity of GSE.
</narrative></comment>
</target>
<actual value="New investments in power transmission network are consistent with the principles of least economic cost planning.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Mechanism is introduced to reduce or eliminate exposure of GSE to FX risks
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="Yes">
<comment><narrative>
This indicator will measure the progress with introduction and implementation of mechanism to eliminate or reduce GSE exposure to FX risks.
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Long-term commercial financing mobilized
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="100,000,000.00">
<comment><narrative>
This indicator measures progress with securing long-term commercial financing.

The target was for GSE to raise US$100m by June 2021. However, progress on this indicator has been delayed.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Jvari-Tskaltubo 500 kV OHL constructed
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="77.00">
<comment><narrative>
This indicator will measure the progress with construction of the target transmission line.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
End of GSE rehabilitation regime
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="Yes">
<comment><narrative>
This indicator measures the progress with the financial recovery of GSE.

GSE has exited the bankruptcy regime and has made substantial profits in 2023.&amp;nbsp;
</narrative></comment>
</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Adequately staffed Environmental and Social Unit is established and maintained at GSE
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="Yes">
<comment><narrative>
This indicator will measure the progress with strengthening of in-house capacity of GSE in adequately managing the environmental and social aspects of investment projects.

The indicator was upgraded as the position of the head of the E&amp;amp;S unit withi GSE was filled.
</narrative></comment>
</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Adequately staffed Environmental and Social Unit is established and maintained at GSE
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="Yes">
<comment><narrative>
This indicator will measure the progress with strengthening of in-house capacity of GSE in adequately managing the environmental and social aspects of investment projects.

The indicator was upgraded as the position of the head of the E&amp;amp;S unit withi GSE was filled.
</narrative></comment>
</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
GSE is issued a credit rating by an international reputable rating agency
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="Yes">
<comment><narrative>
This indicator will measure the progress with preparedness of GSE to access commercial financing. This has been delayed, even though a contract with a credit rating agency was signed at the end of 2021.
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Improved decision-making on new investments in power transmission network as a result of institutional strengthening
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="New investments in power transmission network are not always consistent with the principles of least economic cost planning."><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="New investments in power transmission network are always consistent with the principles of least economic cost planning.">
<comment><narrative>
This indicator will measure the progress with strengthening of institutional capacity of GSE.
</narrative></comment>
</target>
<actual value="New investments in power transmission network are consistent with the principles of least economic cost planning.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of citizens who believe that the project has established effective engagement processes
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="75.00">
<comment><narrative>
This indicator will help to monitor progress of citizen engagement activities.

Social questionnaires will be distributed to citizens in affected communities during RAP implementation. The results will be updated once the survey findings are processed.&amp;bsp;

&amp;nbsp;
</narrative></comment>
</target>
<actual value="0">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Increase in demand for gender-based violence support services in project regions
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="10.00">
<comment><narrative>
This indicator will monitor the progress on gender-related activities.

Under the ESCP, GSE has an obligation to mobilize a qualified expert on the issue of gender-based violence and conduct an awareness campaign in each project-affected community about GBV risks and available support services. As of July 2023, GSE has completed the process of mobilizing the gender expert, who is suporting project implementation during RAP implementation and construction of the OHL.
</narrative></comment>
</target>
<actual value="8.12">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of grievances recorded by the Project and resolved within a two-week period
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="100.00">
<comment><narrative>
This indicator will monitor efficiency of GRM under the Project.
</narrative></comment>
</target>
<actual value="45.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
GSE is issued a credit rating by an international reputable rating agency
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="Yes">
<comment><narrative>
This indicator will measure the progress with preparedness of GSE to access commercial financing. This has been delayed, even though a contract with a credit rating agency was signed at the end of 2021.
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Mechanism is introduced to reduce or eliminate exposure of GSE to FX risks
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="Yes">
<comment><narrative>
This indicator will measure the progress with introduction and implementation of mechanism to eliminate or reduce GSE exposure to FX risks.
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
500/220 kV Tskaltubo substation constructed
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="Yes">
<comment><narrative>
This indicator will track progress with completion of 500/220 kV Tskaltubo substation.&amp;nbsp;
</narrative></comment>
</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Adequately staffed Environmental and Social Unit is established and maintained at GSE
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="Yes">
<comment><narrative>
This indicator will measure the progress with strengthening of in-house capacity of GSE in adequately managing the environmental and social aspects of investment projects.

The indicator was upgraded as the position of the head of the E&amp;amp;S unit withi GSE was filled.
</narrative></comment>
</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Jvari-Tskaltubo 500 kV OHL constructed
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="77.00">
<comment><narrative>
This indicator will measure the progress with construction of the target transmission line.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Improved decision-making on new investments in power transmission network as a result of institutional strengthening
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="New investments in power transmission network are not always consistent with the principles of least economic cost planning."><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="New investments in power transmission network are always consistent with the principles of least economic cost planning.">
<comment><narrative>
This indicator will measure the progress with strengthening of institutional capacity of GSE.
</narrative></comment>
</target>
<actual value="New investments in power transmission network are consistent with the principles of least economic cost planning.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of citizens who believe that the project has established effective engagement processes
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="75.00">
<comment><narrative>
This indicator will help to monitor progress of citizen engagement activities.

Social questionnaires will be distributed to citizens in affected communities during RAP implementation. The results will be updated once the survey findings are processed.&amp;bsp;

&amp;nbsp;
</narrative></comment>
</target>
<actual value="0">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Improved decision-making on new investments in power transmission network as a result of institutional strengthening
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="New investments in power transmission network are not always consistent with the principles of least economic cost planning."><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="New investments in power transmission network are always consistent with the principles of least economic cost planning.">
<comment><narrative>
This indicator will measure the progress with strengthening of institutional capacity of GSE.
</narrative></comment>
</target>
<actual value="New investments in power transmission network are consistent with the principles of least economic cost planning.">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Improved decision-making on new investments in power transmission network as a result of institutional strengthening
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="New investments in power transmission network are not always consistent with the principles of least economic cost planning."><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="New investments in power transmission network are always consistent with the principles of least economic cost planning.">
<comment><narrative>
This indicator will measure the progress with strengthening of institutional capacity of GSE.
</narrative></comment>
</target>
<actual value="New investments in power transmission network are consistent with the principles of least economic cost planning.">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Reduction of cash deficit of GSE
</narrative></title>
<baseline year="2017" iso-date="2017-12-31" value="3,064,460.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2017-12-31" />
<period-end iso-date="2028-06-15" />
<target value="0.00">
<comment><narrative>
This indicator will measure the adequacy of the operating cash revenues of GSE (as a Group) to fully finance the required recurrent operating and maintenance costs, debt service, and taxes.&amp;nbsp;

The actual value is updated reflecting the latest year for which financial statements are available (2022), and therefore dated December 31, 2023.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Reduction of cash deficit of GSE
</narrative></title>
<baseline year="2017" iso-date="2017-12-31" value="3,064,460.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2017-12-31" />
<period-end iso-date="2028-06-15" />
<target value="0.00">
<comment><narrative>
This indicator will measure the adequacy of the operating cash revenues of GSE (as a Group) to fully finance the required recurrent operating and maintenance costs, debt service, and taxes.&amp;nbsp;

The actual value is updated reflecting the latest year for which financial statements are available (2022), and therefore dated December 31, 2023.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Reduction of cash deficit of GSE
</narrative></title>
<baseline year="2017" iso-date="2017-12-31" value="3,064,460.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2017-12-31" />
<period-end iso-date="2028-06-15" />
<target value="0.00">
<comment><narrative>
This indicator will measure the adequacy of the operating cash revenues of GSE (as a Group) to fully finance the required recurrent operating and maintenance costs, debt service, and taxes.&amp;nbsp;

The actual value is updated reflecting the latest year for which financial statements are available (2022), and therefore dated December 31, 2023.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Average annual duration of end-user outages caused by failures of 500 kV OHLs in the western part of Georgia
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="161.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="0.00">
<comment><narrative>
This indicator measures the improvement of electricity supply reliability in the western part of Georgia.

The duration of outages in the western part of Georgia will be changing from year to year in an unpredictable manner until the new line is constructed. There is no change in the Target Value of this indicator.

The latest value is 25 for the half-year of 2025.
</narrative></comment>
</target>
<actual value="31">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Average annual duration of end-user outages caused by failures of 500 kV OHLs in the western part of Georgia
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="161.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="0.00">
<comment><narrative>
This indicator measures the improvement of electricity supply reliability in the western part of Georgia.

The duration of outages in the western part of Georgia will be changing from year to year in an unpredictable manner until the new line is constructed. There is no change in the Target Value of this indicator.

The latest value is 25 for the half-year of 2025.
</narrative></comment>
</target>
<actual value="25">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Average annual duration of end-user outages caused by failures of 500 kV OHLs in the western part of Georgia
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="161.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="0.00">
<comment><narrative>
This indicator measures the improvement of electricity supply reliability in the western part of Georgia.

The duration of outages in the western part of Georgia will be changing from year to year in an unpredictable manner until the new line is constructed. There is no change in the Target Value of this indicator.

The latest value is 24 for the full year of 2022.
</narrative></comment>
</target>
<actual value="0">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Long-term commercial financing mobilized
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="100,000,000.00">
<comment><narrative>
This indicator measures progress with securing long-term commercial financing.

The target was for GSE to raise US$100m by June 2021. However, progress on this indicator has been delayed.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Long-term commercial financing mobilized
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="100,000,000.00">
<comment><narrative>
This indicator measures progress with securing long-term commercial financing.

The target was for GSE to raise US$100m by June 2021. However, progress on this indicator has been delayed.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Long-term commercial financing mobilized
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="100,000,000.00">
<comment><narrative>
This indicator measures progress with securing long-term commercial financing.

The target was for GSE to raise US$100m by June 2021. However, progress on this indicator has been delayed.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
End of GSE rehabilitation regime
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="Yes">
<comment><narrative>
This indicator measures the progress with the financial recovery of GSE.

GSE has exited the bankruptcy regime and has made substantial profits in 2023.&amp;nbsp;
</narrative></comment>
</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
End of GSE rehabilitation regime
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="Yes">
<comment><narrative>
This indicator measures the progress with the financial recovery of GSE.

GSE has exited the bankruptcy regime and has made substantial profits in 2023.&amp;nbsp;
</narrative></comment>
</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
End of GSE rehabilitation regime
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="Yes">
<comment><narrative>
This indicator measures the progress with the financial recovery of GSE.

GSE has exited the bankruptcy regime and has made substantial profits in 2023.&amp;nbsp;
</narrative></comment>
</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of end-user outages caused by failures of 500 kV OHLs in the western part of Georgia
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="4.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="0.00">
<comment><narrative>
This indicator measures improvements in reliability of electricity supply in the western part of Georgia. This indicator would track outages caused only by failures on the 500 kV Imereti, Zekari, Jvari-Tskaltubo, and Tskaltubo-Akhaltiskhe OHLs.

The Actual outage data changes from year to year based on actual outages on the mentioned existing lines. The target remains unchanged.

The latest value is for the half-year of 2026 (1 outage).
</narrative></comment>
</target>
<actual value="6">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of end-user outages caused by failures of 500 kV OHLs in the western part of Georgia
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="4.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="0.00">
<comment><narrative>
This indicator measures improvements in reliability of electricity supply in the western part of Georgia. This indicator would track outages caused only by failures on the 500 kV Imereti, Zekari, Jvari-Tskaltubo, and Tskaltubo-Akhaltiskhe OHLs.

The Actual outage data changes from year to year based on actual outages on the mentioned existing lines. The target remains unchanged.

The latest value is for the half-year of 2025 (1 outage).
</narrative></comment>
</target>
<actual value="1">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of end-user outages caused by failures of 500 kV OHLs in the western part of Georgia
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="4.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="0.00">
<comment><narrative>
This indicator measures improvements in reliability of electricity supply in the western part of Georgia. This indicator would track outages caused only by failures on the 500 kV Imereti, Zekari, Jvari-Tskaltubo, and Tskaltubo-Akhaltiskhe OHLs.

The Actual outage data changes from year to year based on actual outages on the mentioned existing lines. The target remains unchanged.

The latest value is for the full year of 2022 (2 outages).
</narrative></comment>
</target>
<actual value="0">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Reduction of cash deficit of GSE
</narrative></title>
<baseline year="2017" iso-date="2017-12-31" value="3,064,460.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2017-12-31" />
<period-end iso-date="2028-06-15" />
<target value="0.00">
<comment><narrative>
This indicator will measure the adequacy of the operating cash revenues of GSE (as a Group) to fully finance the required recurrent operating and maintenance costs, debt service, and taxes.&amp;nbsp;

The actual value is updated reflecting the latest year for which financial statements are available (2022), and therefore dated December 31, 2023.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of end-user outages caused by failures of 500 kV OHLs in the western part of Georgia
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="4.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="0.00">
<comment><narrative>
This indicator measures improvements in reliability of electricity supply in the western part of Georgia. This indicator would track outages caused only by failures on the 500 kV Imereti, Zekari, Jvari-Tskaltubo, and Tskaltubo-Akhaltiskhe OHLs.

The Actual outage data changes from year to year based on actual outages on the mentioned existing lines. The target remains unchanged.

The latest value is for the half-year of 2025 (1 outage).
</narrative></comment>
</target>
<actual value="1">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of grievances recorded by the Project and resolved within a two-week period
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="100.00">
<comment><narrative>
This indicator will monitor efficiency of GRM under the Project.
</narrative></comment>
</target>
<actual value="45.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of citizens who believe that the project has established effective engagement processes
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2028-06-15" />
<target value="75.00">
<comment><narrative>
This indicator will help to monitor progress of citizen engagement activities.

Social questionnaires will be distributed to citizens in affected communities during RAP implementation. The results will be updated once the survey findings are processed.&amp;bsp;

&amp;nbsp;
</narrative></comment>
</target>
<actual value="75.00">

</actual>
</period>
</indicator>
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<capital-spend percentage="100" /><transaction><transaction-type code="2" /><transaction-date iso-date="2020-08-31"/><value value-date="2020-08-31">40000000</value><description xml:lang="en"><narrative>Total Commitment in August Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40079"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40080"><narrative>Communications Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40081"><narrative>Open Net NNLE</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40083"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="2" /><transaction-date iso-date="2025-07-31"/><value value-date="2025-07-31">40000000</value><description xml:lang="en"><narrative>Total Commitment in July Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40079"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40080"><narrative>Communications Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40081"><narrative>Open Net NNLE</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40083"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-12-31"/><value value-date="2020-12-31">108836</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40079"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40080"><narrative>Communications Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40081"><narrative>Open Net NNLE</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40083"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-03-31"/><value value-date="2021-03-31">416640</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40079"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40080"><narrative>Communications Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40081"><narrative>Open Net NNLE</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40083"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-04-30"/><value value-date="2021-04-30">0</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40079"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40080"><narrative>Communications Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40081"><narrative>Open Net NNLE</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40083"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-12-31"/><value value-date="2021-12-31">1134000</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40079"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40080"><narrative>Communications Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40081"><narrative>Open Net NNLE</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40083"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-04-30"/><value value-date="2022-04-30">0</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40079"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40080"><narrative>Communications Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40081"><narrative>Open Net NNLE</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40083"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-07-31"/><value value-date="2022-07-31">3046200</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40079"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40080"><narrative>Communications Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40081"><narrative>Open Net NNLE</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40083"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-10-31"/><value value-date="2022-10-31">0</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40079"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40080"><narrative>Communications Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40081"><narrative>Open Net NNLE</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40083"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-11-30"/><value value-date="2022-11-30">2558625</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40079"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40080"><narrative>Communications Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40081"><narrative>Open Net NNLE</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40083"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-03-31"/><value value-date="2023-03-31">3177000</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40079"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40080"><narrative>Communications Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40081"><narrative>Open Net NNLE</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40083"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-04-30"/><value value-date="2023-04-30">0</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40079"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40080"><narrative>Communications Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40081"><narrative>Open Net NNLE</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40083"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-08-31"/><value value-date="2023-08-31">1585430</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40079"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40080"><narrative>Communications Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40081"><narrative>Open Net NNLE</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40083"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-09-30"/><value value-date="2023-09-30">2532960</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40079"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40080"><narrative>Communications Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40081"><narrative>Open Net NNLE</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40083"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-10-31"/><value value-date="2023-10-31">2117000</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40079"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40080"><narrative>Communications Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40081"><narrative>Open Net NNLE</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40083"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-02-29"/><value value-date="2024-02-29">2694500</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40079"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40080"><narrative>Communications Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40081"><narrative>Open Net NNLE</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40083"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-04-30"/><value value-date="2024-04-30">0</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40079"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40080"><narrative>Communications Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40081"><narrative>Open Net NNLE</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40083"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-06-30"/><value value-date="2024-06-30">2883870</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40079"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40080"><narrative>Communications Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40081"><narrative>Open Net NNLE</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40083"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-08-31"/><value value-date="2024-08-31">1159834</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40079"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40080"><narrative>Communications Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40081"><narrative>Open Net NNLE</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40083"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-10-31"/><value value-date="2024-10-31">0</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40079"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40080"><narrative>Communications Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40081"><narrative>Open Net NNLE</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40083"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-12-31"/><value value-date="2024-12-31">1122390</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40079"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40080"><narrative>Communications Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40081"><narrative>Open Net NNLE</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40083"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2025-06-30"/><value value-date="2025-06-30">65392</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40079"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40080"><narrative>Communications Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40081"><narrative>Open Net NNLE</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40083"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2025-07-31"/><value value-date="2025-07-31">112513</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40079"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40080"><narrative>Communications Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40081"><narrative>Open Net NNLE</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40083"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2025-08-31"/><value value-date="2025-08-31">319732</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40079"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40080"><narrative>Communications Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40081"><narrative>Open Net NNLE</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40083"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2025-09-30"/><value value-date="2025-09-30">314378</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40079"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40080"><narrative>Communications Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40081"><narrative>Open Net NNLE</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40083"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2025-10-31"/><value value-date="2025-10-31">63377</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40079"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40080"><narrative>Communications Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40081"><narrative>Open Net NNLE</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40083"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2025-12-31"/><value value-date="2025-12-31">1455066</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40079"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40080"><narrative>Communications Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40081"><narrative>Open Net NNLE</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40083"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2026-01-31"/><value value-date="2026-01-31">61366</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40079"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40080"><narrative>Communications Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40081"><narrative>Open Net NNLE</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40083"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2026-03-31"/><value value-date="2026-03-31">3479250</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40079"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40080"><narrative>Communications Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40081"><narrative>Open Net NNLE</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40083"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2026-04-30"/><value value-date="2026-04-30">0</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40079"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40080"><narrative>Communications Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40081"><narrative>Open Net NNLE</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40083"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2026-05-31"/><value value-date="2026-05-31">3530100</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40079"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40080"><narrative>Communications Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40081"><narrative>Open Net NNLE</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40083"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2026-06-30"/><value value-date="2026-06-30">4584200</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40079"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40080"><narrative>Communications Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40081"><narrative>Open Net NNLE</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40083"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-12-31"/><value value-date="2020-12-31">-108836</value><description xml:lang="en"><narrative>Total Interest Repayment in December Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40079"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40080"><narrative>Communications Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40081"><narrative>Open Net NNLE</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40083"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-04-30"/><value value-date="2021-04-30">-48900</value><description xml:lang="en"><narrative>Total Interest Repayment in April Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40079"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40080"><narrative>Communications Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40081"><narrative>Open Net NNLE</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40083"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-10-31"/><value value-date="2021-10-31">-56502</value><description xml:lang="en"><narrative>Total Interest Repayment in October Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40079"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40080"><narrative>Communications Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40081"><narrative>Open Net NNLE</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40083"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-04-30"/><value value-date="2022-04-30">-54345</value><description xml:lang="en"><narrative>Total Interest Repayment in April Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40079"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40080"><narrative>Communications Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40081"><narrative>Open Net NNLE</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40083"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-10-31"/><value value-date="2022-10-31">-65468</value><description xml:lang="en"><narrative>Total Interest Repayment in October Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40079"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40080"><narrative>Communications Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40081"><narrative>Open Net NNLE</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40083"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-04-30"/><value value-date="2023-04-30">-175090</value><description xml:lang="en"><narrative>Total Interest Repayment in April Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40079"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40080"><narrative>Communications Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40081"><narrative>Open Net NNLE</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40083"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
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<transaction><transaction-type code="5" /><transaction-date iso-date="2024-04-30"/><value value-date="2024-04-30">-411392</value><description xml:lang="en"><narrative>Total Interest Repayment in April Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40079"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40080"><narrative>Communications Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40081"><narrative>Open Net NNLE</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40083"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-10-31"/><value value-date="2024-10-31">-538446</value><description xml:lang="en"><narrative>Total Interest Repayment in October Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40079"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40080"><narrative>Communications Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40081"><narrative>Open Net NNLE</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40083"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-04-30"/><value value-date="2025-04-30">-569665</value><description xml:lang="en"><narrative>Total Interest Repayment in April Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40079"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40080"><narrative>Communications Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40081"><narrative>Open Net NNLE</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40083"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-10-31"/><value value-date="2025-10-31">-594255</value><description xml:lang="en"><narrative>Total Interest Repayment in October Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40079"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40080"><narrative>Communications Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40081"><narrative>Open Net NNLE</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40083"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-11-30"/><value value-date="2025-11-30">-102372</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40079"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40080"><narrative>Communications Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40081"><narrative>Open Net NNLE</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40083"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2026-04-30"/><value value-date="2026-04-30">-637678</value><description xml:lang="en"><narrative>Total Interest Repayment in April Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40079"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40080"><narrative>Communications Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40081"><narrative>Open Net NNLE</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40083"><narrative>Ministry of Finance</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P169698"><title xml:lang="en"><narrative>Contract Awards</narrative></title><category code="A11" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-detail/P169698?lang=en"><title xml:lang="en"><narrative>Project URL</narrative></title><category code="A12" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P169698"><title xml:lang="en"><narrative>Procurement Notices</narrative></title><category code="A10" /></document-link><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
People using broadband internet (enhanced use)
</narrative></title>
<baseline year="2020" iso-date="2020-10-05" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-10-05" />
<period-end iso-date="2027-12-14" />
<target value="17,5000">
<comment><narrative>
Final achievement will be measured and reported at ICR (June 2028)
</narrative></comment>
</target>
<actual value="11,1600">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Participants satisfied with the digital skills training program
</narrative></title>
<baseline year="2020" iso-date="2020-10-04" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-10-04" />
<period-end iso-date="2027-12-04" />
<target value="80.00">
<comment><narrative>
Based on post training satisfaction survey.
</narrative></comment>
</target>
<actual value="100">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of enterprises in connected rural settlements using the Internet for specific purposes
</narrative></title>
<baseline year="2020" iso-date="2020-09-21" value="15.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-09-21" />
<period-end iso-date="2027-12-05" />
<target value="30.00">
<comment><narrative>
Simple average of the share of surveyed enterprises (with one or more employees) in connected rural settlements that report using the Internet for specific purposes such as: Have a website; Submit completed forms electronically (e.g., forms for customs or VAT declaration); Declare VAT completely electronically without the need for paperwork (including electronic payment, if required); Receiving orders via webpage for goods or services.
Project specific data collection surveys will be conducted to monitor progress.
</narrative></comment>
</target>
<actual value="15">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Median fixed broadband download speed in connected settlements (Mbps)
</narrative></title>
<baseline year="2020" iso-date="2020-12-10" value="10.3"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-12-10" />
<period-end iso-date="2027-12-14" />
<target value="30">
<comment><narrative>
New indicator introduced to demonstrate improvement in quality of internet services for enhanced use CRI sub-indicator reporting. Final achievement will be measured and reported at ICR (June 2028).
</narrative></comment>
</target>
<actual value="12.6">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Settlements covered by the digital skills training program
</narrative></title>
<baseline year="2020" iso-date="2020-10-04" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-10-04" />
<period-end iso-date="2027-12-04" />
<target value="500.00">

</target>
<actual value="266">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Participants in digital skills training program conducted in connected rural settlements
</narrative></title>
<baseline year="2020" iso-date="2020-10-04" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-10-04" />
<period-end iso-date="2027-12-13" />
<target value="10000">
<comment><narrative>
Number of beneficiaries of the digital skills training program.
</narrative></comment>
</target>
<actual value="5900">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of individuals in connected rural settlements using the Internet for specific purposes
</narrative></title>
<baseline year="2020" iso-date="2020-09-21" value="24.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-09-21" />
<period-end iso-date="2027-12-05" />
<target value="50.00">
<comment><narrative>
Simple average of the share of individuals surveyed in the connected rural settlements that report using the Internet for the purposes such as: Seeking health-related information; Finding information about goods or services; Looking for a job or sending a job application; Internet banking
Project specific data collection surveys will be conducted to monitor progress.
</narrative></comment>
</target>
<actual value="28">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of installed equipment (power, cooling, communication) that is energy efficient
</narrative></title>
<baseline year="2020" iso-date="2020-09-08" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-09-08" />
<period-end iso-date="2027-12-08" />
<target value="90.00">

</target>
<actual value="100">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
People using broadband internet (enhanced use)
</narrative></title>
<baseline year="2020" iso-date="2020-10-05" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-10-05" />
<period-end iso-date="2027-12-14" />
<target value="17,5000">
<comment><narrative>
Final achievement will be measured and reported at ICR (June 2028)
</narrative></comment>
</target>
<actual value="4,8420">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
People provided with access to high-speed broadband internet infrastructure
</narrative></title>
<baseline year="2020" iso-date="2020-09-08" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-09-08" />
<period-end iso-date="2027-12-08" />
<target value="325,000">
<comment><narrative>
Final achievement will be measured and reported at ICR (June 2028)
</narrative></comment>
</target>
<actual value="190">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
People provided with trainings on use of accessible technologies under the digital skills training program
</narrative></title>
<baseline year="2020" iso-date="2020-10-04" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-10-04" />
<period-end iso-date="2027-12-04" />
<target value="1,000.00">

</target>
<actual value="0">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Digital skills trainings conducted in connected rural settlements
</narrative></title>
<baseline year="2020" iso-date="2020-10-04" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-10-04" />
<period-end iso-date="2027-12-13" />
<target value="1000">
<comment><narrative>
Number of training events conducted.
</narrative></comment>
</target>
<actual value="740">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Participants satisfied with the digital skills training program
</narrative></title>
<baseline year="2020" iso-date="2020-10-04" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-10-04" />
<period-end iso-date="2027-12-04" />
<target value="80.00">
<comment><narrative>
Based on post training satisfaction survey.
</narrative></comment>
</target>
<actual value="100">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Service contracts signed with retail internet service providers and mobile operators
</narrative></title>
<baseline year="2020" iso-date="2020-09-30" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-09-30" />
<period-end iso-date="2027-12-14" />
<target value="400">
<comment><narrative>
New PCE non-monetary indicator introduced to align with corporate requirements and showcase the project's success in enabling private investment. Final achievement will be measured and reported at ICR (June 2028).
</narrative></comment>
</target>
<actual value="256">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Median mobile broadband download speed in connected settlements (Mbps)
</narrative></title>
<baseline year="2020" iso-date="2020-12-10" value="18.3"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-12-10" />
<period-end iso-date="2027-12-14" />
<target value="80">
<comment><narrative>
New indicator introduced to demonstrate improvement in quality of internet services for enhanced use CRI sub-indicator reporting. Final achievement will be measured and reported at ICR (June 2028).
</narrative></comment>
</target>
<actual value="54.4">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
People using broadband internet (enhanced use)
</narrative></title>
<baseline year="2020" iso-date="2020-10-05" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-10-05" />
<period-end iso-date="2027-12-14" />
<target value="17,5000">
<comment><narrative>
Final achievement will be measured and reported at ICR (June 2028)
</narrative></comment>
</target>
<actual value="4,8420">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of individuals in connected rural settlements using the Internet for specific purposes
</narrative></title>
<baseline year="2020" iso-date="2020-09-21" value="24.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-09-21" />
<period-end iso-date="2027-12-05" />
<target value="50.00">
<comment><narrative>
Simple average of the share of individuals surveyed in the connected rural settlements that report using the Internet for the purposes such as: Seeking health-related information; Finding information about goods or services; Looking for a job or sending a job application; Internet banking
Project specific data collection surveys will be conducted to monitor progress.
</narrative></comment>
</target>
<actual value="28">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
People using broadband internet (inferred use)
</narrative></title>
<baseline year="2020" iso-date="2020-10-05" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-10-05" />
<period-end iso-date="2027-12-14" />
<target value="3,0000">
<comment><narrative>
Final achievement will be measured and reported at ICR (June 2028)
</narrative></comment>
</target>
<actual value="7055">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Median fixed broadband download speed in connected settlements (Mbps)
</narrative></title>
<baseline year="2020" iso-date="2020-12-10" value="10.3"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-12-10" />
<period-end iso-date="2027-12-14" />
<target value="30">
<comment><narrative>
New indicator introduced to demonstrate improvement in quality of internet services for enhanced use CRI sub-indicator reporting. Final achievement will be measured and reported at ICR (June 2028).
</narrative></comment>
</target>
<actual value="12.6">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Reforms adopted
</narrative></title>
<baseline year="2020" iso-date="2020-09-30" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-09-30" />
<period-end iso-date="2027-11-30" />
<target value="3.00">

</target>
<actual value="2">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Fiber optic network added
</narrative></title>
<baseline year="2020" iso-date="2020-09-30" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-09-30" />
<period-end iso-date="2027-11-30" />
<target value="4200">

</target>
<actual value="2000">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Settlements covered by the digital skills training program
</narrative></title>
<baseline year="2020" iso-date="2020-10-04" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-10-04" />
<period-end iso-date="2027-12-04" />
<target value="500.00">

</target>
<actual value="300">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of enterprises in connected rural settlements using the Internet for specific purposes
</narrative></title>
<baseline year="2020" iso-date="2020-09-21" value="15.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-09-21" />
<period-end iso-date="2027-12-05" />
<target value="30.00">
<comment><narrative>
Simple average of the share of surveyed enterprises (with one or more employees) in connected rural settlements that report using the Internet for specific purposes such as: Have a website; Submit completed forms electronically (e.g., forms for customs or VAT declaration); Declare VAT completely electronically without the need for paperwork (including electronic payment, if required); Receiving orders via webpage for goods or services.
Project specific data collection surveys will be conducted to monitor progress.
</narrative></comment>
</target>
<actual value="15">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Fiber optic network added
</narrative></title>
<baseline year="2020" iso-date="2020-09-30" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-09-30" />
<period-end iso-date="2027-11-30" />
<target value="4200">

</target>
<actual value="1650">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of enterprises in connected rural settlements using the Internet for specific purposes
</narrative></title>
<baseline year="2020" iso-date="2020-09-21" value="15.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-09-21" />
<period-end iso-date="2027-12-05" />
<target value="30.00">
<comment><narrative>
Simple average of the share of surveyed enterprises (with one or more employees) in connected rural settlements that report using the Internet for specific purposes such as: Have a website; Submit completed forms electronically (e.g., forms for customs or VAT declaration); Declare VAT completely electronically without the need for paperwork (including electronic payment, if required); Receiving orders via webpage for goods or services.
Project specific data collection surveys will be conducted to monitor progress.
</narrative></comment>
</target>
<actual value="15.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
People using broadband internet (inferred use)
</narrative></title>
<baseline year="2020" iso-date="2020-10-05" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-10-05" />
<period-end iso-date="2027-12-14" />
<target value="3,0000">
<comment><narrative>
Final achievement will be measured and reported at ICR (June 2028)
</narrative></comment>
</target>
<actual value="2,858">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Median mobile broadband download speed in connected settlements (Mbps)
</narrative></title>
<baseline year="2020" iso-date="2020-12-10" value="18.3"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-12-10" />
<period-end iso-date="2027-12-14" />
<target value="80">
<comment><narrative>
New indicator introduced to demonstrate improvement in quality of internet services for enhanced use CRI sub-indicator reporting. Final achievement will be measured and reported at ICR (June 2028).
</narrative></comment>
</target>
<actual value="54.4">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Participants in digital skills training program conducted in connected rural settlements
</narrative></title>
<baseline year="2020" iso-date="2020-10-04" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-10-04" />
<period-end iso-date="2027-12-13" />
<target value="10000">
<comment><narrative>
Number of beneficiaries of the digital skills training program.
</narrative></comment>
</target>
<actual value="7700">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Participants satisfied with the digital skills training program
</narrative></title>
<baseline year="2020" iso-date="2020-10-04" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-10-04" />
<period-end iso-date="2027-12-04" />
<target value="80.00">
<comment><narrative>
Based on post training satisfaction survey.
</narrative></comment>
</target>
<actual value="100.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Digital skills trainings conducted in connected rural settlements
</narrative></title>
<baseline year="2020" iso-date="2020-10-04" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-10-04" />
<period-end iso-date="2027-12-13" />
<target value="1000">
<comment><narrative>
Number of training events conducted.
</narrative></comment>
</target>
<actual value="600">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Median mobile broadband download speed in connected settlements (Mbps)
</narrative></title>
<baseline year="2020" iso-date="2020-12-10" value="18.3"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-12-10" />
<period-end iso-date="2027-12-14" />
<target value="80">
<comment><narrative>
New indicator introduced to demonstrate improvement in quality of internet services for enhanced use CRI sub-indicator reporting. Final achievement will be measured and reported at ICR (June 2028).
</narrative></comment>
</target>
<actual value="54.4">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Participants in digital skills training program conducted in connected rural settlements
</narrative></title>
<baseline year="2020" iso-date="2020-10-04" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-10-04" />
<period-end iso-date="2027-12-13" />
<target value="10000">
<comment><narrative>
Number of beneficiaries of the digital skills training program.
</narrative></comment>
</target>
<actual value="3500">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Reduction in unit price of broadband in connected rural settlements
</narrative></title>
<baseline year="2020" iso-date="2020-09-21" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-09-21" />
<period-end iso-date="2027-12-05" />
<target value="50.00">
<comment><narrative>
Reduction in unit price of fixed broadband subscriptions in rural settlements connected to the Open Net network, as compared with 2020 baseline. 

Per unit price recorded as GEL 3.3 per Mbps as on Dec 2024. This is 125% reduction from average cost in 2020 and even larger (10x) compared to the most expensive rural internet plan in 2020.
</narrative></comment>
</target>
<actual value="125">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
People provided with access to high-speed broadband internet infrastructure
</narrative></title>
<baseline year="2020" iso-date="2020-09-08" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-09-08" />
<period-end iso-date="2027-12-08" />
<target value="325,000">
<comment><narrative>
Final achievement will be measured and reported at ICR (June 2028)
</narrative></comment>
</target>
<actual value="190000">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Total private capital enabled
</narrative></title>
<baseline year="2020" iso-date="2020-09-30" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-09-30" />
<period-end iso-date="2027-12-14" />
<target value="20000000">
<comment><narrative>
New PCE monetary indicator introduced to align with corporate requirements and showcase the project's success in enabling private investment. Final achievement will be measured and reported at ICR (June 2028).
</narrative></comment>
</target>
<actual value="0">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Settlements covered by the digital skills training program
</narrative></title>
<baseline year="2020" iso-date="2020-10-04" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-10-04" />
<period-end iso-date="2027-12-04" />
<target value="500.00">

</target>
<actual value="227">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Service contracts signed with retail internet service providers and mobile operators
</narrative></title>
<baseline year="2020" iso-date="2020-09-30" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-09-30" />
<period-end iso-date="2027-12-14" />
<target value="400">
<comment><narrative>
New PCE non-monetary indicator introduced to align with corporate requirements and showcase the project's success in enabling private investment. Final achievement will be measured and reported at ICR (June 2028).
</narrative></comment>
</target>
<actual value="233">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Reduction in unit price of broadband in connected rural settlements
</narrative></title>
<baseline year="2020" iso-date="2020-09-21" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-09-21" />
<period-end iso-date="2027-12-05" />
<target value="50.00">
<comment><narrative>
Reduction in unit price of fixed broadband subscriptions in rural settlements connected to the Open Net network, as compared with 2020 baseline. 

Per unit price recorded as GEL 3.3 per Mbps as on Dec 2024. This is 125% reduction from average cost in 2020 and even larger (10x) compared to the most expensive rural internet plan in 2020.
</narrative></comment>
</target>
<actual value="125">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of installed equipment (power, cooling, communication) that is energy efficient
</narrative></title>
<baseline year="2020" iso-date="2020-09-08" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-09-08" />
<period-end iso-date="2027-12-08" />
<target value="90.00">

</target>
<actual value="100.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Digital skills trainings conducted in connected rural settlements
</narrative></title>
<baseline year="2020" iso-date="2020-10-04" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-10-04" />
<period-end iso-date="2027-12-13" />
<target value="1000">
<comment><narrative>
Number of training events conducted.
</narrative></comment>
</target>
<actual value="935">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Total private capital enabled
</narrative></title>
<baseline year="2020" iso-date="2020-09-30" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-09-30" />
<period-end iso-date="2027-12-14" />
<target value="20000000">
<comment><narrative>
New PCE monetary indicator introduced to align with corporate requirements and showcase the project's success in enabling private investment. Final achievement will be measured and reported at ICR (June 2028).
</narrative></comment>
</target>
<actual value="0">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of enterprises in connected rural settlements using the Internet for specific purposes
</narrative></title>
<baseline year="2020" iso-date="2020-09-21" value="15.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-09-21" />
<period-end iso-date="2027-12-05" />
<target value="30.00">
<comment><narrative>
Simple average of the share of surveyed enterprises (with one or more employees) in connected rural settlements that report using the Internet for specific purposes such as: Have a website; Submit completed forms electronically (e.g., forms for customs or VAT declaration); Declare VAT completely electronically without the need for paperwork (including electronic payment, if required); Receiving orders via webpage for goods or services.
Project specific data collection surveys will be conducted to monitor progress.
</narrative></comment>
</target>
<actual value="15">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of enterprises in connected rural settlements using the Internet for specific purposes
</narrative></title>
<baseline year="2020" iso-date="2020-09-21" value="15.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-09-21" />
<period-end iso-date="2027-12-05" />
<target value="30.00">
<comment><narrative>
Simple average of the share of surveyed enterprises (with one or more employees) in connected rural settlements that report using the Internet for specific purposes such as: Have a website; Submit completed forms electronically (e.g., forms for customs or VAT declaration); Declare VAT completely electronically without the need for paperwork (including electronic payment, if required); Receiving orders via webpage for goods or services.
Project specific data collection surveys will be conducted to monitor progress.
</narrative></comment>
</target>
<actual value="15">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of enterprises in connected rural settlements using the Internet for specific purposes
</narrative></title>
<baseline year="2020" iso-date="2020-09-21" value="15.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-09-21" />
<period-end iso-date="2027-12-05" />
<target value="30.00">
<comment><narrative>
Simple average of the share of surveyed enterprises (with one or more employees) in connected rural settlements that report using the Internet for specific purposes such as: Have a website; Submit completed forms electronically (e.g., forms for customs or VAT declaration); Declare VAT completely electronically without the need for paperwork (including electronic payment, if required); Receiving orders via webpage for goods or services.
Project specific data collection surveys will be conducted to monitor progress.
</narrative></comment>
</target>
<actual value="15.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of individuals in connected rural settlements using the Internet for specific purposes
</narrative></title>
<baseline year="2020" iso-date="2020-09-21" value="24.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-09-21" />
<period-end iso-date="2027-12-05" />
<target value="50.00">
<comment><narrative>
Simple average of the share of individuals surveyed in the connected rural settlements that report using the Internet for the purposes such as: Seeking health-related information; Finding information about goods or services; Looking for a job or sending a job application; Internet banking
Project specific data collection surveys will be conducted to monitor progress.
</narrative></comment>
</target>
<actual value="28">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of individuals in connected rural settlements using the Internet for specific purposes
</narrative></title>
<baseline year="2020" iso-date="2020-09-21" value="24.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-09-21" />
<period-end iso-date="2027-12-05" />
<target value="50.00">
<comment><narrative>
Simple average of the share of individuals surveyed in the connected rural settlements that report using the Internet for the purposes such as: Seeking health-related information; Finding information about goods or services; Looking for a job or sending a job application; Internet banking
Project specific data collection surveys will be conducted to monitor progress.
</narrative></comment>
</target>
<actual value="28">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of individuals in connected rural settlements using the Internet for specific purposes
</narrative></title>
<baseline year="2020" iso-date="2020-09-21" value="24.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-09-21" />
<period-end iso-date="2027-12-05" />
<target value="50.00">
<comment><narrative>
Simple average of the share of individuals surveyed in the connected rural settlements that report using the Internet for the purposes such as: Seeking health-related information; Finding information about goods or services; Looking for a job or sending a job application; Internet banking
Project specific data collection surveys will be conducted to monitor progress.
</narrative></comment>
</target>
<actual value="28.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Reduction in unit price of broadband in connected rural settlements
</narrative></title>
<baseline year="2020" iso-date="2020-09-21" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-09-21" />
<period-end iso-date="2027-12-05" />
<target value="50.00">
<comment><narrative>
Reduction in unit price of fixed broadband subscriptions in rural settlements connected to the Open Net network, as compared with 2020 baseline. 

Per unit price recorded as GEL 3.3 per Mbps as on Dec 2024. This is 125% reduction from average cost in 2020 and even larger (10x) compared to the most expensive rural internet plan in 2020.
</narrative></comment>
</target>
<actual value="125">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Reduction in unit price of broadband in connected rural settlements
</narrative></title>
<baseline year="2020" iso-date="2020-09-21" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-09-21" />
<period-end iso-date="2027-12-05" />
<target value="50.00">
<comment><narrative>
Reduction in unit price of fixed broadband subscriptions in rural settlements connected to the Open Net network, as compared with 2020 baseline. 

Per unit price recorded as GEL 3.3 per Mbps as on Dec 2024. This is 125% reduction from average cost in 2020 and even larger (10x) compared to the most expensive rural internet plan in 2020.
</narrative></comment>
</target>
<actual value="125">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Reduction in unit price of broadband in connected rural settlements
</narrative></title>
<baseline year="2020" iso-date="2020-09-21" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-09-21" />
<period-end iso-date="2027-12-05" />
<target value="50.00">
<comment><narrative>
Reduction in unit price of fixed broadband subscriptions in rural settlements connected to the Open Net network, as compared with 2020 baseline. 

Per unit price recorded as GEL 3.3 per Mbps as on Dec 2024. This is 125% reduction from average cost in 2020 and even larger (10x) compared to the most expensive rural internet plan in 2020.
</narrative></comment>
</target>
<actual value="125">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
People provided with access to high-speed broadband internet infrastructure
</narrative></title>
<baseline year="2020" iso-date="2020-09-08" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-09-08" />
<period-end iso-date="2027-12-08" />
<target value="325,000">
<comment><narrative>
Final achievement will be measured and reported at ICR (June 2028)
</narrative></comment>
</target>
<actual value="196000">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
People provided with access to high-speed broadband internet infrastructure
</narrative></title>
<baseline year="2020" iso-date="2020-09-08" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-09-08" />
<period-end iso-date="2027-12-08" />
<target value="325,000">
<comment><narrative>
Final achievement will be measured and reported at ICR (June 2028)
</narrative></comment>
</target>
<actual value="190000">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
People provided with access to high-speed broadband internet infrastructure
</narrative></title>
<baseline year="2020" iso-date="2020-09-08" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-09-08" />
<period-end iso-date="2027-12-08" />
<target value="325,000">
<comment><narrative>
Final achievement will be measured and reported at ICR (June 2028)
</narrative></comment>
</target>
<actual value="190">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
People using broadband internet (enhanced use)
</narrative></title>
<baseline year="2020" iso-date="2020-10-05" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-10-05" />
<period-end iso-date="2027-12-14" />
<target value="17,5000">
<comment><narrative>
Final achievement will be measured and reported at ICR (June 2028)
</narrative></comment>
</target>
<actual value="11,1600">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
People using broadband internet (enhanced use)
</narrative></title>
<baseline year="2020" iso-date="2020-10-05" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-10-05" />
<period-end iso-date="2027-12-14" />
<target value="17,5000">
<comment><narrative>
Final achievement will be measured and reported at ICR (June 2028)
</narrative></comment>
</target>
<actual value="4,8420">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
People using broadband internet (enhanced use)
</narrative></title>
<baseline year="2020" iso-date="2020-10-05" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-10-05" />
<period-end iso-date="2027-12-14" />
<target value="17,5000">
<comment><narrative>
Final achievement will be measured and reported at ICR (June 2028)
</narrative></comment>
</target>
<actual value="4,8420">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
People using broadband internet (inferred use)
</narrative></title>
<baseline year="2020" iso-date="2020-10-05" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-10-05" />
<period-end iso-date="2027-12-14" />
<target value="3,0000">
<comment><narrative>
Final achievement will be measured and reported at ICR (June 2028)
</narrative></comment>
</target>
<actual value="9850">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
People using broadband internet (inferred use)
</narrative></title>
<baseline year="2020" iso-date="2020-10-05" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-10-05" />
<period-end iso-date="2027-12-14" />
<target value="3,0000">
<comment><narrative>
Final achievement will be measured and reported at ICR (June 2028)
</narrative></comment>
</target>
<actual value="7055">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
People using broadband internet (inferred use)
</narrative></title>
<baseline year="2020" iso-date="2020-10-05" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-10-05" />
<period-end iso-date="2027-12-14" />
<target value="3,0000">
<comment><narrative>
Final achievement will be measured and reported at ICR (June 2028)
</narrative></comment>
</target>
<actual value="2,858">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of installed equipment (power, cooling, communication) that is energy efficient
</narrative></title>
<baseline year="2020" iso-date="2020-09-08" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-09-08" />
<period-end iso-date="2027-12-08" />
<target value="90.00">

</target>
<actual value="100">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of individuals in connected rural settlements using the Internet for specific purposes
</narrative></title>
<baseline year="2020" iso-date="2020-09-21" value="24.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-09-21" />
<period-end iso-date="2027-12-05" />
<target value="50.00">
<comment><narrative>
Simple average of the share of individuals surveyed in the connected rural settlements that report using the Internet for the purposes such as: Seeking health-related information; Finding information about goods or services; Looking for a job or sending a job application; Internet banking
Project specific data collection surveys will be conducted to monitor progress.
</narrative></comment>
</target>
<actual value="28.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
People provided with trainings on use of accessible technologies under the digital skills training program
</narrative></title>
<baseline year="2020" iso-date="2020-10-04" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-10-04" />
<period-end iso-date="2027-12-04" />
<target value="1,000.00">

</target>
<actual value="0">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Total private capital enabled
</narrative></title>
<baseline year="2020" iso-date="2020-09-30" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-09-30" />
<period-end iso-date="2027-12-14" />
<target value="20000000">
<comment><narrative>
New PCE monetary indicator introduced to align with corporate requirements and showcase the project's success in enabling private investment. Final achievement will be measured and reported at ICR (June 2028).
</narrative></comment>
</target>
<actual value="0">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
People provided with trainings on use of accessible technologies under the digital skills training program
</narrative></title>
<baseline year="2020" iso-date="2020-10-04" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-10-04" />
<period-end iso-date="2027-12-04" />
<target value="1,000.00">

</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Reforms adopted
</narrative></title>
<baseline year="2020" iso-date="2020-09-30" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-09-30" />
<period-end iso-date="2027-11-30" />
<target value="3.00">

</target>
<actual value="2">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Service contracts signed with retail internet service providers and mobile operators
</narrative></title>
<baseline year="2020" iso-date="2020-09-30" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-09-30" />
<period-end iso-date="2027-12-14" />
<target value="400">
<comment><narrative>
New PCE non-monetary indicator introduced to align with corporate requirements and showcase the project's success in enabling private investment. Final achievement will be measured and reported at ICR (June 2028).
</narrative></comment>
</target>
<actual value="120">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Reduction in unit price of broadband in connected rural settlements
</narrative></title>
<baseline year="2020" iso-date="2020-09-21" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-09-21" />
<period-end iso-date="2027-12-05" />
<target value="50.00">
<comment><narrative>
Reduction in unit price of fixed broadband subscriptions in rural settlements connected to the Open Net network, as compared with 2020 baseline. 

Per unit price recorded as GEL 3.3 per Mbps as on Dec 2024. This is 125% reduction from average cost in 2020 and even larger (10x) compared to the most expensive rural internet plan in 2020.
</narrative></comment>
</target>
<actual value="125">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
People provided with access to high-speed broadband internet infrastructure
</narrative></title>
<baseline year="2020" iso-date="2020-09-08" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-09-08" />
<period-end iso-date="2027-12-08" />
<target value="325,000">
<comment><narrative>
Final achievement will be measured and reported at ICR (June 2028)
</narrative></comment>
</target>
<actual value="196000">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Median fixed broadband download speed in connected settlements (Mbps)
</narrative></title>
<baseline year="2020" iso-date="2020-12-10" value="10.3"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-12-10" />
<period-end iso-date="2027-12-14" />
<target value="30">
<comment><narrative>
New indicator introduced to demonstrate improvement in quality of internet services for enhanced use CRI sub-indicator reporting. Final achievement will be measured and reported at ICR (June 2028).
</narrative></comment>
</target>
<actual value="12.6">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Reforms adopted
</narrative></title>
<baseline year="2020" iso-date="2020-09-30" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-09-30" />
<period-end iso-date="2027-11-30" />
<target value="3.00">

</target>
<actual value="2">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Fiber optic network added
</narrative></title>
<baseline year="2020" iso-date="2020-09-30" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-09-30" />
<period-end iso-date="2027-11-30" />
<target value="4200">

</target>
<actual value="1600">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
People using broadband internet (inferred use)
</narrative></title>
<baseline year="2020" iso-date="2020-10-05" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-10-05" />
<period-end iso-date="2027-12-14" />
<target value="3,0000">
<comment><narrative>
Final achievement will be measured and reported at ICR (June 2028)
</narrative></comment>
</target>
<actual value="9850">

</actual>
</period>
</indicator>
</result></iati-activity><iati-activity xml:lang="en" default-currency="USD" last-updated-datetime="2026-09-26T22:16:57" hierarchy="1"><iati-identifier>44000-P169913</iati-identifier><reporting-org ref="44000" type="40"><narrative  xml:lang="en">World Bank</narrative></reporting-org><title xml:lang="en"><narrative>Economic Management and Competitiveness Development Policy Operation</narrative></title><description type="2" xml:lang="en"><narrative><![CDATA[To support the Government's program of reforms to sustain rapid growth, and ensure greater inclusion, job creation and resilience by: i) strengthening economic management through improving the efficiency of public resource use and ii) enhancing competitiveness through introducing evidence-based policy making, promoting more competitive markets, diversifying the financial sector, improving teacher deployment and remuneration with a view toward ensuring a more qualified workforce over the long term, and strengthening investment promotion.]]></narrative></description><description type="1" xml:lang="en"><narrative><![CDATA[This program document describes a loan to Georgia to support the Economic Management and Competitiveness Development Policy Operation (DPO). The DPO would support a core set of reforms of the Government of Georgia (GOG) to sustain rapid growth, and ensure greater inclusion, job creation, and resilience by: i) strengthening economic management through improving the efficiency of public resource use; and ii) enhancing competitiveness through introducing evidence-based policy making; promoting more competitive markets; diversifying the financial sector; improving teacher deployment and remuneration with a view toward ensuring a more qualified workforce over the long term; and strengthening investment promotion. The proposed loan, in the amount of euro 45 million, is a single-tranche standalone DPO. The economy also needs to be more resilient, which in turn requires steps to address remaining economic vulnerabilities and mitigate the threats of climate change to livelihoods and key economic sectors. The DPO thus aims to support the Government's efforts to strengthen economic management and enhance competitiveness to address some of the identified challenges. The reform program supported by the DPO aims to sustain growth, while increasing inclusion, job creation and resilience and rests on two pillars. The first pillar, with a focus on economic management, would support government efforts to improve efficiency of public resource use through strengthened public financial management (PFM) arrangements at the local level, stronger public investment management, and more effective public procurement. The operation has provided a useful platform that allowed the World Bank to engage on and influence the design and implementation of a core set of structural and economic management reforms. It has also paved the way for future engagement in important “second-generation reform” areas such as education, competition and digitalization. The deep cross-sectoral support provided by the DPO has emboldened the reform proponents within the GOG and helped catalyze stronger coordination of the reform efforts across a diverse set of institutional actors. Furthermore, the DPO financing will help strengthen Georgia's external buffers and signal confidence in the credibility of the macroeconomic framework and the reform program in an environment of heightened external uncertainty.]]></narrative></description><participating-org role="1" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org><participating-org role="2" xml:lang="en" ref="GE–P0040274"><narrative>Georgia</narrative></participating-org><participating-org role="2" xml:lang="en" ref="GE–P0040274"><narrative>Georgia</narrative></participating-org><participating-org role="3" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org><participating-org role="4" xml:lang="en" ref="GE-COA-0040273"><narrative>Ministry of Finance</narrative></participating-org>
<activity-status code="3" /><activity-date type="1" iso-date="2020-03-17"><narrative>Planned start date of the activity</narrative></activity-date><activity-date type="2" iso-date="2020-03-26"><narrative>Actual start date of the activity</narrative></activity-date><activity-date type="3" iso-date="2021-03-31"><narrative>Planned end date of the activity</narrative></activity-date><activity-date type="4" iso-date="2021-03-31"><narrative>Actual end date of the activity</narrative></activity-date><contact-info type="1"><organisation><narrative>The World Bank</narrative></organisation><person-name><narrative>Evgenij Geno Najdov</narrative></person-name><telephone>+1-202-473-1000</telephone><email>enajdov@worldbankgroup.org</email><email>pic@worldbank.org</email><mailing-address><narrative>The World Bank, 1818 H Street, NW, Washington, DC 20433 USA</narrative></mailing-address></contact-info>







<recipient-country code="GE" percentage="100"><narrative xml:lang="en">GEORGIA</narrative></recipient-country><location>
                <location-reach code="1" />
                <location-id vocabulary="G1" code="611717" />
                <name><narrative>Tbilisi</narrative></name>
                <point srsName="http://www.opengis.net/def/crs/EPSG/0/4326">
                <pos>41.69411 44.833679</pos>
                </point>
                <exactness code="2"/>
                <location-class code="2" />
            </location><sector vocabulary="1" code="15142" percentage="25" xml:lang="en"/><sector vocabulary="1" code="15119" percentage="13" xml:lang="en"/><sector vocabulary="1" code="11130" percentage="13" xml:lang="en"/><sector vocabulary="1" code="33110" percentage="12" xml:lang="en"/><sector vocabulary="1" code="24010" percentage="12" xml:lang="en"/><sector vocabulary="1" code="22020" percentage="12" xml:lang="en"/><sector vocabulary="1" code="15125" percentage="12" xml:lang="en"/><sector vocabulary="1" code="22040" percentage="1" xml:lang="en"/><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="BH" percentage="13.0000000" xml:lang="en"><narrative>FY17 - Sub-National Government</narrative></sector><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="CI" percentage="13.0000000" xml:lang="en"><narrative>FY17 - ICT Infrastructure</narrative></sector><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="YZ" percentage="12.0000000" xml:lang="en"><narrative>FY17 - Other Industry, Trade and Services</narrative></sector><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="FA" percentage="12.0000000" xml:lang="en"><narrative>FY17 - Banking Institutions</narrative></sector><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="BC" percentage="38.0000000" xml:lang="en"><narrative>FY17 - Central Government (Central Agencies)</narrative></sector><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="EZ" percentage="12.0000000" xml:lang="en"><narrative>FY17 - Other Education</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000812" percentage="2" xml:lang="en"><narrative>Adaptation</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000654" percentage="12" xml:lang="en"><narrative>Teachers</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000812" percentage="2" xml:lang="en"><narrative>Adaptation</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000435" percentage="12" xml:lang="en"><narrative>Public Assets and Investment Management</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000437" percentage="12" xml:lang="en"><narrative>Municipal Institution Building</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000211" percentage="12" xml:lang="en"><narrative>Investment and Business Climate</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000262" percentage="12" xml:lang="en"><narrative>ICT Policies</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000065" percentage="12" xml:lang="en"><narrative>Education</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000212" percentage="12" xml:lang="en"><narrative>Regulation and Competition Policy</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000023" percentage="12" xml:lang="en"><narrative>Public Private Partnerships</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000043" percentage="25" xml:lang="en"><narrative>Public Administration</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000026" percentage="12" xml:lang="en"><narrative>ICT</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000654" percentage="12" xml:lang="en"><narrative>Teachers</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000221" percentage="12" xml:lang="en"><narrative>Job Creation</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000435" percentage="12" xml:lang="en"><narrative>Public Assets and Investment Management</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000021" percentage="25" xml:lang="en"><narrative>Business Enabling Environment</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000435" percentage="12" xml:lang="en"><narrative>Public Assets and Investment Management</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000041" percentage="12" xml:lang="en"><narrative>Public Finance Management</narrative></sector><collaboration-type code="2" /><default-aid-type code="A02" xml:lang="en"/><default-tied-status code="5" /><budget type="1" status="1">
<period-start iso-date="2021-03-01"/>
<period-end iso-date="2021-03-31"/>
<value currency="USD" value-date="2021-03-31">49600000.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2021-03-01"/>
<period-end iso-date="2021-03-31"/>
<value currency="USD" value-date="2021-03-31">49600000.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2021-03-01"/>
<period-end iso-date="2021-03-31"/>
<value currency="USD" value-date="2021-03-31">0.00</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2021-03-01"/>
<period-end iso-date="2021-03-31"/>
<value currency="USD" value-date="2021-03-31">0.00</value>
</budget>
<capital-spend percentage="0" /><transaction><transaction-type code="2" /><transaction-date iso-date="2020-03-31"/><value value-date="2020-03-31">49600000</value><description xml:lang="en"><narrative>Total Commitment in March Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40273"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40275"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="2" /><transaction-date iso-date="2020-06-30"/><value value-date="2020-06-30">48900000</value><description xml:lang="en"><narrative>Total Commitment in June Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40273"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40275"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-04-30"/><value value-date="2020-04-30">122355</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40273"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40275"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-05-31"/><value value-date="2020-05-31">48566031</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40273"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40275"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-09-30"/><value value-date="2020-09-30">52403119</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40273"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40275"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-10-31"/><value value-date="2020-10-31">0</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40273"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40275"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-04-30"/><value value-date="2020-04-30">-122355</value><description xml:lang="en"><narrative>Total Interest Repayment in April Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40273"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40275"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-08-31"/><value value-date="2020-08-31">-186814</value><description xml:lang="en"><narrative>Total Interest Repayment in August Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40273"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40275"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-09-30"/><value value-date="2020-09-30">-133869</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40273"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40275"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-02-28"/><value value-date="2021-02-28">-379460</value><description xml:lang="en"><narrative>Total Interest Repayment in February Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40273"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40275"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-02-28"/><value value-date="2021-02-28">-293107</value><description xml:lang="en"><narrative>Total Interest Repayment in February Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40273"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40275"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-08-31"/><value value-date="2021-08-31">-367450</value><description xml:lang="en"><narrative>Total Interest Repayment in August Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40273"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40275"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-08-31"/><value value-date="2021-08-31">-367450</value><description xml:lang="en"><narrative>Total Interest Repayment in August Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40273"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40275"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-02-28"/><value value-date="2022-02-28">-354846</value><description xml:lang="en"><narrative>Total Interest Repayment in February Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40273"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40275"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-02-28"/><value value-date="2022-02-28">-354846</value><description xml:lang="en"><narrative>Total Interest Repayment in February Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40273"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40275"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-08-31"/><value value-date="2022-08-31">-319130</value><description xml:lang="en"><narrative>Total Interest Repayment in August Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40273"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40275"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-08-31"/><value value-date="2022-08-31">-319130</value><description xml:lang="en"><narrative>Total Interest Repayment in August Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40273"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40275"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-02-28"/><value value-date="2023-02-28">-334987</value><description xml:lang="en"><narrative>Total Interest Repayment in February Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40273"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40275"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-02-28"/><value value-date="2023-02-28">-334987</value><description xml:lang="en"><narrative>Total Interest Repayment in February Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40273"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40275"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-08-31"/><value value-date="2023-08-31">-341961</value><description xml:lang="en"><narrative>Total Interest Repayment in August Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40273"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40275"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-08-31"/><value value-date="2023-08-31">-341961</value><description xml:lang="en"><narrative>Total Interest Repayment in August Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40273"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40275"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-02-29"/><value value-date="2024-02-29">-335768</value><description xml:lang="en"><narrative>Total Interest Repayment in February Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40273"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40275"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-02-29"/><value value-date="2024-02-29">-335768</value><description xml:lang="en"><narrative>Total Interest Repayment in February Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40273"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40275"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-08-31"/><value value-date="2024-08-31">-344353</value><description xml:lang="en"><narrative>Total Interest Repayment in August Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40273"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40275"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-08-31"/><value value-date="2024-08-31">-344353</value><description xml:lang="en"><narrative>Total Interest Repayment in August Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40273"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40275"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-02-28"/><value value-date="2025-02-28">-327371</value><description xml:lang="en"><narrative>Total Interest Repayment in February Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40273"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40275"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-02-28"/><value value-date="2025-02-28">-327371</value><description xml:lang="en"><narrative>Total Interest Repayment in February Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40273"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40275"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-08-31"/><value value-date="2025-08-31">-365480</value><description xml:lang="en"><narrative>Total Interest Repayment in August Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40273"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40275"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-08-31"/><value value-date="2025-08-31">-365480</value><description xml:lang="en"><narrative>Total Interest Repayment in August Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-40273"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-40275"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
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<document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P169913"><title xml:lang="en"><narrative>Contract Awards</narrative></title><category code="A11" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-detail/P169913?lang=en"><title xml:lang="en"><narrative>Project URL</narrative></title><category code="A12" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P169913"><title xml:lang="en"><narrative>Procurement Notices</narrative></title><category code="A10" /></document-link><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of targeted companies responding
</narrative></title>
<baseline year="2019" iso-date="2019-01-01" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-01-01" />
<period-end iso-date="2021-10-29" />
<target value="200.00">

</target>
<actual value="385.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Female teachers with full work load, as % of all teachers
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="38.60"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2021-09-01" />
<target value="49.00">

</target>
<actual value="51.50">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of Regulatory Impact Assessments completed on laws and regulations
</narrative></title>
<baseline year="2019" iso-date="2019-10-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-10-31" />
<period-end iso-date="2021-12-30" />
<target value="10.00">
<comment><narrative>
&lt;p&amp;gt;6 RIAs were submitted to the government administration so far since 2019, however they are not based on the new methodology. Thelist of mandatory legal acts is limited and during 2020 none of them has been amended. Also, no voluntary RIAs were initiated (per new methodology).&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of telecommunications service providers using data transmission services through electricity network
</narrative></title>
<baseline year="2019" iso-date="2019-12-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-12-31" />
<period-end iso-date="2021-09-30" />
<target value="2.00">

</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of new public investment projects above GEL5million screened, appraised and selected in compliance with the PIM Guideline requirements
</narrative></title>
<baseline year="2019" iso-date="2019-10-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-10-31" />
<period-end iso-date="2021-10-28" />
<target value="40.00">

</target>
<actual value="70.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of investment funds established
</narrative></title>
<baseline year="2019" iso-date="2019-12-30" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-12-30" />
<period-end iso-date="2021-09-30" />
<target value="2.00">

</target>
<actual value="2.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of examined cases (2-year average) by the competition agency of Georgia
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="6.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2021-12-30" />
<target value="8.00">

</target>
<actual value="10.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Municipalities submitting financial statements to SAO for audit within 3 months after end of the financial year
</narrative></title>
<baseline year="2018" iso-date="2018-12-28" value="3.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-28" />
<period-end iso-date="2021-04-01" />
<target value="14.00">
<comment><narrative>
&lt;p&amp;gt;14 out of 27 municipalities submitted Financial Statements to the State Audit Office: 7 municipalities&amp;nbsp;&amp;nbsp;&amp;ndash; in April 2021 and 7 municipalities were late submitting&amp;nbsp;during the 4th quarter of 2021.&amp;nbsp;The MOF extended the deadline of the submission due to covid19-related delays.&lt;/p&amp;gt;
</narrative></comment>
</target>
<actual value="14.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Teachers with full work load, as % of all teachers
</narrative></title>
<baseline year="2018" iso-date="2018-12-31" value="44.90"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2018-12-31" />
<period-end iso-date="2021-09-01" />
<target value="55.00">

</target>
<actual value="58.10">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PDO Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of single source procurement in total procurement value
</narrative></title>
<baseline year="2019" iso-date="2019-03-29" value="19.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-03-29" />
<period-end iso-date="2021-03-31" />
<target value="16.00">

</target>
<actual value="16.00">

</actual>
</period>
</indicator>
</result></iati-activity><iati-activity xml:lang="en" default-currency="USD" last-updated-datetime="2026-09-26T22:16:57" hierarchy="1"><iati-identifier>44000-P173782</iati-identifier><reporting-org ref="44000" type="40"><narrative  xml:lang="en">World Bank</narrative></reporting-org><title xml:lang="en"><narrative>Kakheti Connectivity Improvement Project</narrative></title><description type="2" xml:lang="en"><narrative><![CDATA[The Project Development Objective (PDO) is to improve connectivity and safety of road transportation in the Kakheti region along the Sagarejo-Badiauri section of the Tbilisi-Bakurtsikhe-Lagodekhi highway.]]></narrative></description><description type="1" xml:lang="en"><narrative><![CDATA[The project aims to (a) improve the connectivity and integration between a leading region (Tbilisi) and a relatively lagging one (Kakheti) - through modern highway infrastructure conceptualized as a corridor that will eventually be extended to an alternative Georgia-Azerbaijan border crossing point and thus with long-term implications for cross-border trade, regional integration, network operational resilience, tourism, and growth; (b) support primary sector economic activity in Kakheti through better access to markets in Tbilisi and beyond, thus contributing to higher-quality products that can better compete domestically and internationally, with the potential to increase employment and incomes for underserved groups, including women, young people, and minority groups; and (c) elevate the standard of national-level highway infrastructure. The project comprises three components: Component 1. Connectivity Improvements on the Eastern Corridor will support the construction of a 17 km long Sagarejo-Badiauri section (Lot 3 out of 5 along the proposed Tbilisi-Sagarejo-Bakurtsikhe corridor). Component 2. Improvements to Local Marketplace will provide safe trading premises for roadside vendors in proximity to Badiauri interchange of the highway. Component 3. Institutional Strengthening and Implementation Support will finance technical assistance to the Roads Department (RD) and incremental operating cost of project implementation.   The project will contribute specifically to focus area 1 (Enhance Inclusive Growth and Competitiveness) in the CPF as it aims at increasing economic participation through (a) improving connectivity and integration by continuing to develop selected infrastructure and improving the flow of goods and people along key corridors and crossing points, and (b) contributing to a more diversified rural economy with the potential to increase employment and incomes for underserved groups, such as women, young people and minority groups. By championing engineering designs and infrastructure construction methods that are resilient to extreme weather events and other climate risks as well as aligned with European best practices and standards, the project will also contribute to focus area 3 (Building Resilience).]]></narrative></description><participating-org role="1" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org><participating-org role="2" xml:lang="en" ref="GE–P0045207"><narrative>Ministry of Finance</narrative></participating-org><participating-org role="3" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org><participating-org role="4" xml:lang="en" ref="GE-COA-0045206"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure</narrative></participating-org>
<activity-status code="2" /><activity-date type="1" iso-date="2021-05-27"><narrative>Planned start date of the activity</narrative></activity-date><activity-date type="2" iso-date="2022-03-22"><narrative>Actual start date of the activity</narrative></activity-date><activity-date type="3" iso-date="2027-12-31"><narrative>Planned end date of the activity</narrative></activity-date><activity-date type="4" iso-date="2027-12-31"><narrative>Actual end date of the activity</narrative></activity-date><contact-info type="1"><organisation><narrative>The World Bank</narrative></organisation><person-name><narrative>Elena Lungu</narrative></person-name><telephone>+1-202-473-1000</telephone><email>elungu@worldbank.org</email><email>pic@worldbank.org</email><mailing-address><narrative>The World Bank, 1818 H Street, NW, Washington, DC 20433 USA</narrative></mailing-address></contact-info>



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            <location-id vocabulary="G1" code="0000611717" />
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            <pos>41.69411 44.83368</pos>
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            <location-class code="2" />
        </location><location>
            <location-reach code="1" />
            <location-id vocabulary="G1" code="0000612230" />
            <name><narrative>Sagarejo</narrative></name>
            <point srsName="http://www.opengis.net/def/crs/EPSG/0/4326">
            <pos>41.73397 45.33149</pos>
            </point>
            <exactness code="2"/>
            <location-class code="2" />
        </location><location>
            <location-reach code="1" />
            <location-id vocabulary="G1" code="0000613342" />
            <name><narrative>Lagodekhi</narrative></name>
            <point srsName="http://www.opengis.net/def/crs/EPSG/0/4326">
            <pos>41.82681 46.27667</pos>
            </point>
            <exactness code="2"/>
            <location-class code="2" />
        </location><location>
            <location-reach code="1" />
            <location-id vocabulary="G1" code="0000865537" />
            <name><narrative>Kakheti</narrative></name>
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            <pos>41.75 45.71667</pos>
            </point>
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        </location><location>
            <location-reach code="1" />
            <location-id vocabulary="G1" code="0000615580" />
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            <pos>41.69264 45.85738</pos>
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            <exactness code="2"/>
            <location-class code="2" />
        </location><location>
            <location-reach code="1" />
            <location-id vocabulary="G1" code="0000614540" />
            <name><narrative>Georgia</narrative></name>
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            <pos>41.99998 43.4999</pos>
            </point>
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            <location-class code="1" />
        </location><location>
            <location-reach code="1" />
            <location-id vocabulary="G1" code="0000611373" />
            <name><narrative>Ts'nori</narrative></name>
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            <pos>41.62088 45.96943</pos>
            </point>
            <exactness code="2"/>
            <location-class code="2" />
        </location><location>
            <location-reach code="1" />
            <location-id vocabulary="G1" code="0000825041" />
            <name><narrative>Badiauri</narrative></name>
            <point srsName="http://www.opengis.net/def/crs/EPSG/0/4326">
            <pos>41.64442 45.55377</pos>
            </point>
            <exactness code="2"/>
            <location-class code="2" />
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<period-start iso-date="2025-03-01"/>
<period-end iso-date="2025-03-31"/>
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</budget>
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<period-start iso-date="2025-04-01"/>
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</budget>
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<period-start iso-date="2026-01-01"/>
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</budget>
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<value currency="USD" value-date="2026-03-31">1666666.67</value>
</budget>
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<value currency="USD" value-date="2026-04-30">1666666.67</value>
</budget>
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<period-start iso-date="2026-05-01"/>
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<value currency="USD" value-date="2026-05-31">1666666.67</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2026-06-01"/>
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<value currency="USD" value-date="2026-06-30">1666666.63</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2026-07-01"/>
<period-end iso-date="2026-07-31"/>
<value currency="USD" value-date="2026-07-31">2416666.67</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2026-08-01"/>
<period-end iso-date="2026-08-31"/>
<value currency="USD" value-date="2026-08-31">2416666.67</value>
</budget>
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<period-start iso-date="2026-09-01"/>
<period-end iso-date="2026-09-30"/>
<value currency="USD" value-date="2026-09-30">2416666.67</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2026-10-01"/>
<period-end iso-date="2026-10-31"/>
<value currency="USD" value-date="2026-10-31">2416666.67</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2026-11-01"/>
<period-end iso-date="2026-11-30"/>
<value currency="USD" value-date="2026-11-30">2416666.67</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2026-12-01"/>
<period-end iso-date="2026-12-31"/>
<value currency="USD" value-date="2026-12-31">2416666.67</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2027-01-01"/>
<period-end iso-date="2027-01-31"/>
<value currency="USD" value-date="2027-01-31">2416666.67</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2027-02-01"/>
<period-end iso-date="2027-02-28"/>
<value currency="USD" value-date="2027-02-28">2416666.67</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2027-03-01"/>
<period-end iso-date="2027-03-31"/>
<value currency="USD" value-date="2027-03-31">2416666.67</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2027-04-01"/>
<period-end iso-date="2027-04-30"/>
<value currency="USD" value-date="2027-04-30">2416666.67</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2027-05-01"/>
<period-end iso-date="2027-05-31"/>
<value currency="USD" value-date="2027-05-31">2416666.67</value>
</budget>
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<period-start iso-date="2027-06-01"/>
<period-end iso-date="2027-06-30"/>
<value currency="USD" value-date="2027-06-30">2416666.63</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2027-07-01"/>
<period-end iso-date="2027-07-31"/>
<value currency="USD" value-date="2027-07-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2027-08-01"/>
<period-end iso-date="2027-08-31"/>
<value currency="USD" value-date="2027-08-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2027-09-01"/>
<period-end iso-date="2027-09-30"/>
<value currency="USD" value-date="2027-09-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2027-10-01"/>
<period-end iso-date="2027-10-31"/>
<value currency="USD" value-date="2027-10-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2027-11-01"/>
<period-end iso-date="2027-11-30"/>
<value currency="USD" value-date="2027-11-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2027-12-01"/>
<period-end iso-date="2027-12-31"/>
<value currency="USD" value-date="2027-12-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2028-01-01"/>
<period-end iso-date="2028-01-31"/>
<value currency="USD" value-date="2028-01-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2028-02-01"/>
<period-end iso-date="2028-02-29"/>
<value currency="USD" value-date="2028-02-29">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2028-03-01"/>
<period-end iso-date="2028-03-31"/>
<value currency="USD" value-date="2028-03-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2028-04-01"/>
<period-end iso-date="2028-04-30"/>
<value currency="USD" value-date="2028-04-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2028-05-01"/>
<period-end iso-date="2028-05-31"/>
<value currency="USD" value-date="2028-05-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2028-06-01"/>
<period-end iso-date="2028-06-30"/>
<value currency="USD" value-date="2028-06-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2028-07-01"/>
<period-end iso-date="2028-07-31"/>
<value currency="USD" value-date="2028-07-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2028-08-01"/>
<period-end iso-date="2028-08-31"/>
<value currency="USD" value-date="2028-08-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2028-09-01"/>
<period-end iso-date="2028-09-30"/>
<value currency="USD" value-date="2028-09-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2028-10-01"/>
<period-end iso-date="2028-10-31"/>
<value currency="USD" value-date="2028-10-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2028-11-01"/>
<period-end iso-date="2028-11-30"/>
<value currency="USD" value-date="2028-11-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2028-12-01"/>
<period-end iso-date="2028-12-31"/>
<value currency="USD" value-date="2028-12-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2029-01-01"/>
<period-end iso-date="2029-01-31"/>
<value currency="USD" value-date="2029-01-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2029-02-01"/>
<period-end iso-date="2029-02-28"/>
<value currency="USD" value-date="2029-02-28">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2029-03-01"/>
<period-end iso-date="2029-03-31"/>
<value currency="USD" value-date="2029-03-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2027-12-01"/>
<period-end iso-date="2027-12-31"/>
<value currency="USD" value-date="2027-12-31">31555494.92</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2027-12-01"/>
<period-end iso-date="2027-12-31"/>
<value currency="USD" value-date="2027-12-31">31555494.92</value>
</budget>
<capital-spend percentage="100" /><transaction><transaction-type code="2" /><transaction-date iso-date="2022-03-31"/><value value-date="2022-03-31">109000000</value><description xml:lang="en"><narrative>Total Commitment in March Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45206"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-07-31"/><value value-date="2022-07-31">249978</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45206"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-02-28"/><value value-date="2023-02-28">1591350</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45206"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-04-30"/><value value-date="2023-04-30">10437783</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45206"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-06-30"/><value value-date="2023-06-30">471321</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45206"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-08-31"/><value value-date="2023-08-31">10394871</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45206"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-09-30"/><value value-date="2023-09-30">463280</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45206"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-10-31"/><value value-date="2023-10-31">129842</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45206"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-11-30"/><value value-date="2023-11-30">1212053</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45206"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-12-31"/><value value-date="2023-12-31">1256478</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45206"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-01-31"/><value value-date="2024-01-31">370495</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45206"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-03-31"/><value value-date="2024-03-31">1061652</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45206"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-04-30"/><value value-date="2024-04-30">1138521</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45206"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-05-31"/><value value-date="2024-05-31">829458</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45206"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-06-30"/><value value-date="2024-06-30">1161363</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45206"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-07-31"/><value value-date="2024-07-31">815706</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45206"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-08-31"/><value value-date="2024-08-31">503237</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45206"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-09-30"/><value value-date="2024-09-30">2071859</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45206"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-10-31"/><value value-date="2024-10-31">1709855</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45206"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-11-30"/><value value-date="2024-11-30">117283</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45206"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-12-31"/><value value-date="2024-12-31">6678551</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45206"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2025-02-28"/><value value-date="2025-02-28">4114561</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45206"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2025-03-31"/><value value-date="2025-03-31">1321809</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45206"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2025-04-30"/><value value-date="2025-04-30">2419410</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45206"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2025-06-30"/><value value-date="2025-06-30">6730323</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45206"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2025-08-31"/><value value-date="2025-08-31">3095202</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45206"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2025-09-30"/><value value-date="2025-09-30">8627240</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45206"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2025-10-31"/><value value-date="2025-10-31">50605</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45206"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2025-12-31"/><value value-date="2025-12-31">3280056</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45206"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2026-01-31"/><value value-date="2026-01-31">1637094</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45206"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2026-02-28"/><value value-date="2026-02-28">798320</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45206"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2026-03-31"/><value value-date="2026-03-31">1110925</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45206"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2026-04-30"/><value value-date="2026-04-30">1594025</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45206"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-07-31"/><value value-date="2022-07-31">-249978</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45206"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-10-31"/><value value-date="2022-10-31">-90758</value><description xml:lang="en"><narrative>Total Interest Repayment in October Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45206"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-04-30"/><value value-date="2023-04-30">-137906</value><description xml:lang="en"><narrative>Total Interest Repayment in April Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45206"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-10-31"/><value value-date="2023-10-31">-384591</value><description xml:lang="en"><narrative>Total Interest Repayment in October Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45206"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-04-30"/><value value-date="2024-04-30">-811585</value><description xml:lang="en"><narrative>Total Interest Repayment in April Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45206"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-10-31"/><value value-date="2024-10-31">-864253</value><description xml:lang="en"><narrative>Total Interest Repayment in October Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45206"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-04-30"/><value value-date="2025-04-30">-984502</value><description xml:lang="en"><narrative>Total Interest Repayment in April Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45206"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-10-31"/><value value-date="2025-10-31">-1069210</value><description xml:lang="en"><narrative>Total Interest Repayment in October Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45206"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2026-04-30"/><value value-date="2026-04-30">-1288438</value><description xml:lang="en"><narrative>Total Interest Repayment in April Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45206"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P173782"><title xml:lang="en"><narrative>Contract Awards</narrative></title><category code="A11" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-detail/P173782?lang=en"><title xml:lang="en"><narrative>Project URL</narrative></title><category code="A12" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P173782"><title xml:lang="en"><narrative>Procurement Notices</narrative></title><category code="A10" /></document-link><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
People benefiting from improved access to sustainable transport infrastructure and services – Female
</narrative></title>
<baseline year="2022" iso-date="2022-01-13" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-01-13" />
<period-end iso-date="2027-12-13" />
<target value="9,337,835">
<comment><narrative>
Methodology for data collection has been discussed and agreed. Final target will be assessed at Project completion. The POM has been updated to include the new indicators.
</narrative></comment>
</target>
<actual value="0">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Travel time along the target section of the highway corridor
</narrative></title>
<baseline year="2021" iso-date="2021-12-31" value="17.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-31" />
<period-end iso-date="2027-08-31" />
<target value="11.30">
<comment><narrative>
Baseline value represents mean Travel Time on existing two-lane road. Target value represents mean travel time on newly constructed section of the highway.
</narrative></comment>
</target>
<actual value="17.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
People benefiting from improved access to sustainable transport infrastructure and services – Female
</narrative></title>
<baseline year="2022" iso-date="2022-01-13" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-01-13" />
<period-end iso-date="2027-12-13" />
<target value="9,337,835">
<comment><narrative>
Methodology for data collection has been discussed and agreed. Final target will be assessed at Project completion. The POM has been updated to include the new indicators.
</narrative></comment>
</target>
<actual value="0">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of citizens who assess the information and consultation measures under the project as effective
</narrative></title>
<baseline year="2022" iso-date="2022-01-17" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-01-17" />
<period-end iso-date="2027-08-31" />
<target value="70.00">
<comment><narrative>
The baseline indicator, which measures the percentage of citizens satisfied with the effectiveness of consultations and citizen engagement activities under the project, was to be assessed through the road users satisfaction survey. However, the results of the baseline survey conducted in 2024 indicate that the Consultant was unable to evaluate the citizen engagement measures due to a limited number of respondents who answered related questions. Therefore, it has been recommended that the Consultant develop an effective plan to address this issue and implement necessary measures upfront, ensuring that the indicator can be assessed retrospectively during the follow-up survey.
</narrative></comment>
</target>
<actual value="To be determined">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
At least 50 women receiving tailored business advisory services on how to start and/or expand their entrepreneurial activities
</narrative></title>
<baseline year="2022" iso-date="2022-01-17" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-01-17" />
<period-end iso-date="2027-08-31" />
<target value="50.00">
<comment><narrative>
The project will provide tailored business advice to at least 50 local women covering a range of topics including providing technical knowledge. The support will be provided for the duration of three months and will consist of minimum one week hours for each women. The activity is expected to be launched close to road civil works finalization.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
People benefiting from improved access to sustainable transport infrastructure and services
</narrative></title>
<baseline year="2022" iso-date="2022-01-13" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-01-13" />
<period-end iso-date="2027-12-13" />
<target value="17,957,376">
<comment><narrative>
Methodology for data collection has been discussed and agreed. Final target will be assessed at Project completion. The POM has been updated to include the new indicators.
</narrative></comment>
</target>
<actual value="0">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Travel time along the target section of the highway corridor
</narrative></title>
<baseline year="2021" iso-date="2021-12-31" value="17.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-31" />
<period-end iso-date="2027-08-31" />
<target value="11.30">
<comment><narrative>
Baseline value represents mean Travel Time on existing two-lane road. Target value represents mean travel time on newly constructed section of the highway.
</narrative></comment>
</target>
<actual value="17.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Satisfaction of road users at target highway corridor (Percentage)
</narrative></title>
<baseline year="2022" iso-date="2022-01-17" value="To be determined the first year"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-01-17" />
<period-end iso-date="2027-08-31" />
<target value="20% increase from the baseline">
<comment><narrative>
The baseline indicator was obtained from the road users satisfaction survey carried out by the Supervision Consultant through a research company in 2024. It has been determined that 48.3 percent of users have a satisfaction level above the average satisfaction index.
</narrative></comment>
</target>
<actual value="48.3">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of citizens who assess the information and consultation measures under the project as effective
</narrative></title>
<baseline year="2022" iso-date="2022-01-17" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-01-17" />
<period-end iso-date="2027-08-31" />
<target value="70.00">
<comment><narrative>
The baseline indicator, which measures the percentage of citizens satisfied with the effectiveness of consultations and citizen engagement activities under the project, was to be assessed through the road users satisfaction survey. However, the results of the baseline survey conducted in 2024 indicate that the Consultant was unable to evaluate the citizen engagement measures due to a limited number of respondents who answered related questions. Therefore, it has been recommended that the Consultant develop an effective plan to address this issue and implement necessary measures upfront, ensuring that the indicator can be assessed retrospectively during the follow-up survey.
</narrative></comment>
</target>
<actual value="To be determined">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of accidents involving pedestrians per 100 million vehicle-km travelled on the target section
</narrative></title>
<baseline year="2022" iso-date="2022-02-11" value="2.40"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-02-11" />
<period-end iso-date="2027-08-31" />
<target value="1.92">
<comment><narrative>
Rate represents the number of accidents with pedestrians per 100 mln. vehicle-km traveled represented by the last five-year average. Vehicle to pedestrian accidents reduction is expected as the new road will divert majority of traffic from densely populated area.
</narrative></comment>
</target>
<actual value="4.4">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Average Annual Daily Traffic of freight vehicles on the corridor
</narrative></title>
<baseline year="2022" iso-date="2022-02-11" value="1,013.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-02-11" />
<period-end iso-date="2027-08-31" />
<target value="1,275.00">
<comment><narrative>
Baseline value represents Annual Average Daily volume of freight vehicles (trailers) based on available traffic count data. Target value is the number based on traffic projection assumptions as part of economic analysis. Indicator will enable monitoring of actual growth of freight vehicles and enable comparison with projected traffic volume.
</narrative></comment>
</target>
<actual value="792.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Roads constructed
</narrative></title>
<baseline year="2022" iso-date="2022-03-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-03-31" />
<period-end iso-date="2027-08-31" />
<target value="17.00">

</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
People benefiting from improved access to sustainable transport infrastructure and services
</narrative></title>
<baseline year="2022" iso-date="2022-01-13" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-01-13" />
<period-end iso-date="2027-12-13" />
<target value="17,957,376">
<comment><narrative>
Methodology for data collection has been discussed and agreed. Final target will be assessed at Project completion. The POM has been updated to include the new indicators.
</narrative></comment>
</target>
<actual value="0">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of fatal accidents per 100 million vehicle-km traveled along the target section of the highway corridor
</narrative></title>
<baseline year="2021" iso-date="2021-12-31" value="4.70"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-31" />
<period-end iso-date="2027-08-31" />
<target value="3.76">
<comment><narrative>
Rate of fatal accidents represents the number of accidents with fatalities per 100 mln. vehicle-km traveled represented by the last five-year average. Updated data is received in February each year.
</narrative></comment>
</target>
<actual value="6.4">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of staff at RD receiving training in contract management
</narrative></title>
<baseline year="2022" iso-date="2022-01-30" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-01-30" />
<period-end iso-date="2027-08-31" />
<target value="70.00">
<comment><narrative>
Measures percentage of staff at RD's divisions responsible for Construction, Rehabilitation, Environmental and Social, Legal and Procurement issues who receive training in contract management. Total number of relevant staff is estimated to be 40.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of km built to climate resilient standards (designed to 100-year climate events for bridges and culverts)
</narrative></title>
<baseline year="2021" iso-date="2021-12-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-31" />
<period-end iso-date="2027-08-31" />
<target value="17.00">
<comment><narrative>
Measures the length of road constructed integrating climate change and adapted to higher intensity and frequency of extreme rainfall events.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Average Annual Daily Traffic of freight vehicles on the corridor
</narrative></title>
<baseline year="2022" iso-date="2022-02-11" value="1,013.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-02-11" />
<period-end iso-date="2027-08-31" />
<target value="1,275.00">
<comment><narrative>
Baseline value represents Annual Average Daily volume of freight vehicles (trailers) based on available traffic count data. Target value is the number based on traffic projection assumptions as part of economic analysis. Indicator will enable monitoring of actual growth of freight vehicles and enable comparison with projected traffic volume.
</narrative></comment>
</target>
<actual value="1148.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Satisfaction of road users at target highway corridor (Percentage)
</narrative></title>
<baseline year="2022" iso-date="2022-01-17" value="To be determined the first year"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-01-17" />
<period-end iso-date="2027-08-31" />
<target value="20% increase from the baseline">
<comment><narrative>
The baseline indicator was obtained from the road users satisfaction survey carried out by the Supervision Consultant through a research company in 2024. It has been determined that 48.3 percent of users have a satisfaction level above the average satisfaction index.
</narrative></comment>
</target>
<actual value="48.3">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of fatal accidents per 100 million vehicle-km traveled along the target section of the highway corridor
</narrative></title>
<baseline year="2021" iso-date="2021-12-31" value="4.70"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-31" />
<period-end iso-date="2027-08-31" />
<target value="3.76">
<comment><narrative>
Rate of fatal accidents represents the number of accidents with fatalities per 100 mln. vehicle-km traveled represented by the last five-year average. Updated data is received in February each year.
</narrative></comment>
</target>
<actual value="6.3">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of accidents involving pedestrians per 100 million vehicle-km travelled on the target section
</narrative></title>
<baseline year="2022" iso-date="2022-02-11" value="2.40"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-02-11" />
<period-end iso-date="2027-08-31" />
<target value="1.92">
<comment><narrative>
Rate represents the number of accidents with pedestrians per 100 mln. vehicle-km traveled represented by the last five-year average. Vehicle to pedestrian accidents reduction is expected as the new road will divert majority of traffic from densely populated area.
</narrative></comment>
</target>
<actual value="4.9">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Roads constructed
</narrative></title>
<baseline year="2022" iso-date="2022-03-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-03-31" />
<period-end iso-date="2027-08-31" />
<target value="17.00">

</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of staff at RD receiving training in contract management
</narrative></title>
<baseline year="2022" iso-date="2022-01-30" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-01-30" />
<period-end iso-date="2027-08-31" />
<target value="70.00">
<comment><narrative>
Measures percentage of staff at RD's divisions responsible for Construction, Rehabilitation, Environmental and Social, Legal and Procurement issues who receive training in contract management. Total number of relevant staff is estimated to be 40.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
People benefiting from improved access to sustainable transport infrastructure and services – Youth
</narrative></title>
<baseline year="2022" iso-date="2022-01-13" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-01-13" />
<period-end iso-date="2027-12-13" />
<target value="2,029,183">
<comment><narrative>
Methodology for data collection has been discussed and agreed. Final target will be assessed at Project completion. The POM has been updated to include the new indicators.
</narrative></comment>
</target>
<actual value="0">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
People benefiting from improved access to sustainable transport infrastructure and services – Youth
</narrative></title>
<baseline year="2022" iso-date="2022-01-13" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-01-13" />
<period-end iso-date="2027-12-13" />
<target value="2,029,183">
<comment><narrative>
Methodology for data collection has been discussed and agreed. Final target will be assessed at Project completion. The POM has been updated to include the new indicators.
</narrative></comment>
</target>
<actual value="0">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Market stalls in the new Badiauri marketplace reserved to women traders
</narrative></title>
<baseline year="2022" iso-date="2022-01-17" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-01-17" />
<period-end iso-date="2027-08-31" />
<target value="50.00">
<comment><narrative>
The project will ensure that at least half of the market stalls in the new local marketplace are reserved to women traders. Given that the market will become operational at the time the highway is completed and open for traffic, the indicator only has the end target. The arrangement of the market area is planned to be finalized by the end of 2026.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
At least 50 women receiving tailored business advisory services on how to start and/or expand their entrepreneurial activities
</narrative></title>
<baseline year="2022" iso-date="2022-01-17" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-01-17" />
<period-end iso-date="2027-08-31" />
<target value="50.00">
<comment><narrative>
The project will provide tailored business advice to at least 50 local women covering a range of topics including providing technical knowledge. The support will be provided for the duration of three months and will consist of minimum one week hours for each women. The activity is expected to be launched close to road civil works finalization.
</narrative></comment>
</target>
<actual value="0">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Market stalls in the new Badiauri marketplace reserved to women traders
</narrative></title>
<baseline year="2022" iso-date="2022-01-17" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-01-17" />
<period-end iso-date="2027-08-31" />
<target value="50.00">
<comment><narrative>
The project will ensure that at least half of the market stalls in the new local marketplace are reserved to women traders. Given that the market will become operational at the time the highway is completed and open for traffic, the indicator only has the end target. The arrangement of the market area is planned to be finalized by the end of 2026.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Average Annual Daily Traffic of freight vehicles on the corridor
</narrative></title>
<baseline year="2022" iso-date="2022-02-11" value="1,013.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-02-11" />
<period-end iso-date="2027-08-31" />
<target value="1,275.00">
<comment><narrative>
Baseline value represents Annual Average Daily volume of freight vehicles (trailers) based on available traffic count data. Target value is the number based on traffic projection assumptions as part of economic analysis. Indicator will enable monitoring of actual growth of freight vehicles and enable comparison with projected traffic volume.
</narrative></comment>
</target>
<actual value="792.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Average Annual Daily Traffic of freight vehicles on the corridor
</narrative></title>
<baseline year="2022" iso-date="2022-02-11" value="1,013.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-02-11" />
<period-end iso-date="2027-08-31" />
<target value="1,275.00">
<comment><narrative>
Baseline value represents Annual Average Daily volume of freight vehicles (trailers) based on available traffic count data. Target value is the number based on traffic projection assumptions as part of economic analysis. Indicator will enable monitoring of actual growth of freight vehicles and enable comparison with projected traffic volume.
</narrative></comment>
</target>
<actual value="1148.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of fatal accidents per 100 million vehicle-km traveled along the target section of the highway corridor
</narrative></title>
<baseline year="2021" iso-date="2021-12-31" value="4.70"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-31" />
<period-end iso-date="2027-08-31" />
<target value="3.76">
<comment><narrative>
Rate of fatal accidents represents the number of accidents with fatalities per 100 mln. vehicle-km traveled represented by the last five-year average. Updated data is received in February each year.
</narrative></comment>
</target>
<actual value="6.3">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of fatal accidents per 100 million vehicle-km traveled along the target section of the highway corridor
</narrative></title>
<baseline year="2021" iso-date="2021-12-31" value="4.70"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-31" />
<period-end iso-date="2027-08-31" />
<target value="3.76">
<comment><narrative>
Rate of fatal accidents represents the number of accidents with fatalities per 100 mln. vehicle-km traveled represented by the last five-year average. Updated data is received in February each year.
</narrative></comment>
</target>
<actual value="6.4">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Travel time along the target section of the highway corridor
</narrative></title>
<baseline year="2021" iso-date="2021-12-31" value="17.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-31" />
<period-end iso-date="2027-08-31" />
<target value="11.30">
<comment><narrative>
Baseline value represents mean Travel Time on existing two-lane road. Target value represents mean travel time on newly constructed section of the highway.
</narrative></comment>
</target>
<actual value="17.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Travel time along the target section of the highway corridor
</narrative></title>
<baseline year="2021" iso-date="2021-12-31" value="17.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-31" />
<period-end iso-date="2027-08-31" />
<target value="11.30">
<comment><narrative>
Baseline value represents mean Travel Time on existing two-lane road. Target value represents mean travel time on newly constructed section of the highway.
</narrative></comment>
</target>
<actual value="17.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of km built to climate resilient standards (designed to 100-year climate events for bridges and culverts)
</narrative></title>
<baseline year="2021" iso-date="2021-12-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-31" />
<period-end iso-date="2027-08-31" />
<target value="17.00">
<comment><narrative>
Measures the length of road constructed integrating climate change and adapted to higher intensity and frequency of extreme rainfall events.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result></iati-activity><iati-activity xml:lang="en" default-currency="USD" last-updated-datetime="2026-09-26T22:16:57" hierarchy="1"><iati-identifier>44000-P173975</iati-identifier><reporting-org ref="44000" type="40"><narrative  xml:lang="en">World Bank</narrative></reporting-org><title xml:lang="en"><narrative>Georgia Relief and Recovery for Micro, Small, and Medium Enterprises</narrative></title><description type="2" xml:lang="en"><narrative><![CDATA[The Project Development Objective (PDO) is to provide relief to micro, small, and medium-size enterprises and support their recovery, including by strengthening the enabling environment for access to finance.]]></narrative></description><description type="1" xml:lang="en"><narrative><![CDATA[The development objective of Relief and Recovery for Micro, Small and Medium Enterprises Project for Georgia is to provide relief to micro, small, and medium-size enterprises and support their recovery, including by strengthening the enabling environment for access to finance. This project has four components. 1) The first component, Financial relief and recovery for MSMEs, has the following sub-components: (i) Grants for micro and small firms; (ii) Co-financing of interest payments; and (iii) Partial credit guarantees. 2) The second component, Digital payments and financial infrastructure upgrading, has the following sub-components: (i) Upgrading payments infrastructure; (ii) e-KYC and Know-Your-Customer registry; and (iii) Secured transactions reform. 3) The third component, Project management and monitoring, aims to finance the project management, implementation, and monitoring needs. 4) The fourth component, Contingency Emergency Response Component, is an unfunded contingency component that can be activated in case of a relevant emergency event.]]></narrative></description><participating-org role="1" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org><participating-org role="2" xml:lang="en" ref="GE–P0045516"><narrative>Georgia</narrative></participating-org><participating-org role="3" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org><participating-org role="4" xml:lang="en" ref="GE-COA-0045513"><narrative>Ministry of Economy and Sustainable Development</narrative></participating-org>
<activity-status code="2" /><activity-date type="1" iso-date="2020-07-15"><narrative>Planned start date of the activity</narrative></activity-date><activity-date type="2" iso-date="2021-05-11"><narrative>Actual start date of the activity</narrative></activity-date><activity-date type="3" iso-date="2027-06-30"><narrative>Planned end date of the activity</narrative></activity-date><activity-date type="4" iso-date="2027-06-30"><narrative>Actual end date of the activity</narrative></activity-date><contact-info type="1"><organisation><narrative>The World Bank</narrative></organisation><person-name><narrative>Natalia Tsivadze</narrative></person-name><telephone>+1-202-473-1000</telephone><email>ntsivadze@worldbankgroup.org</email><email>pic@worldbank.org</email><mailing-address><narrative>The World Bank, 1818 H Street, NW, Washington, DC 20433 USA</narrative></mailing-address></contact-info>






<recipient-country code="GE" percentage="100"><narrative xml:lang="en">GEORGIA</narrative></recipient-country><location>
            <location-reach code="1" />
            <location-id vocabulary="G1" code="0000614540" />
            <name><narrative>Georgia</narrative></name>
            <point srsName="http://www.opengis.net/def/crs/EPSG/0/4326">
            <pos>41.99998 43.4999</pos>
            </point>
            <exactness code="2"/>
            <location-class code="1" />
        </location><sector vocabulary="1" code="32130" percentage="83" xml:lang="en"/><sector vocabulary="1" code="24010" percentage="17" xml:lang="en"/><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="FL" percentage="6.00000000" xml:lang="en"><narrative>FY17 - Other Non-bank Financial Institutions</narrative></sector><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="FP" percentage="6.00000000" xml:lang="en"><narrative>FY17 - Public Administration - Financial Sector</narrative></sector><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="FK" percentage="45.0000000" xml:lang="en"><narrative>FY17 - Capital Markets</narrative></sector><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="FA" percentage="43.0000000" xml:lang="en"><narrative>FY17 - Banking Institutions</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000433" percentage="11" xml:lang="en"><narrative>E-Government, incl. e-services</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000026" percentage="12" xml:lang="en"><narrative>ICT</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000243" percentage="51" xml:lang="en"><narrative>MSME Development</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000061" percentage="86" xml:lang="en"><narrative>Gender</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000434" percentage="11" xml:lang="en"><narrative>Civil Registration and Identification</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000241" percentage="42" xml:lang="en"><narrative>Entrepreneurship</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000434" percentage="11" xml:lang="en"><narrative>Civil Registration and Identification</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000062" percentage="94" xml:lang="en"><narrative>Disease Control</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000626" percentage="94" xml:lang="en"><narrative>Pandemic Response</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000434" percentage="11" xml:lang="en"><narrative>Civil Registration and Identification</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000026" percentage="12" xml:lang="en"><narrative>ICT</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000241" percentage="42" xml:lang="en"><narrative>Entrepreneurship</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000812" percentage="6" xml:lang="en"><narrative>Adaptation</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000043" percentage="11" xml:lang="en"><narrative>Public Administration</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000261" percentage="12" xml:lang="en"><narrative>ICT Solutions</narrative></sector><humanitarian-scope type="1" vocabulary="1-2" code="EP-2020-000012-001"> </humanitarian-scope><humanitarian-scope type="2" vocabulary="2-1" code="HCOVD20"> </humanitarian-scope><collaboration-type code="2" /><default-aid-type code="C01" xml:lang="en"/><default-tied-status code="5" /><budget type="1" status="1">
<period-start iso-date="2020-07-01"/>
<period-end iso-date="2020-07-31"/>
<value currency="USD" value-date="2020-07-31">0.00</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2020-08-01"/>
<period-end iso-date="2020-08-31"/>
<value currency="USD" value-date="2020-08-31">0.00</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2020-09-01"/>
<period-end iso-date="2020-09-30"/>
<value currency="USD" value-date="2020-09-30">0.00</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2020-10-01"/>
<period-end iso-date="2020-10-31"/>
<value currency="USD" value-date="2020-10-31">0.00</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2020-11-01"/>
<period-end iso-date="2020-11-30"/>
<value currency="USD" value-date="2020-11-30">0.00</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2020-12-01"/>
<period-end iso-date="2020-12-31"/>
<value currency="USD" value-date="2020-12-31">0.00</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2021-01-01"/>
<period-end iso-date="2021-01-31"/>
<value currency="USD" value-date="2021-01-31">0.00</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2021-02-01"/>
<period-end iso-date="2021-02-28"/>
<value currency="USD" value-date="2021-02-28">0.00</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2021-03-01"/>
<period-end iso-date="2021-03-31"/>
<value currency="USD" value-date="2021-03-31">0.00</value>
</budget>
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<value currency="USD" value-date="2026-03-31">0.00</value>
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<value currency="USD" value-date="2026-05-31">0.00</value>
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<value currency="USD" value-date="2026-07-31">0.00</value>
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<value currency="USD" value-date="2026-08-31">0.00</value>
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<value currency="USD" value-date="2026-09-30">0.00</value>
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<value currency="USD" value-date="2026-10-31">0.00</value>
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<period-start iso-date="2026-11-01"/>
<period-end iso-date="2026-11-30"/>
<value currency="USD" value-date="2026-11-30">0.00</value>
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<period-start iso-date="2026-12-01"/>
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<value currency="USD" value-date="2026-12-31">0.00</value>
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<period-start iso-date="2027-01-01"/>
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<value currency="USD" value-date="2027-01-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2027-02-01"/>
<period-end iso-date="2027-02-28"/>
<value currency="USD" value-date="2027-02-28">0.00</value>
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<value currency="USD" value-date="2027-03-31">0.00</value>
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<budget type="2" status="1">
<period-start iso-date="2027-04-01"/>
<period-end iso-date="2027-04-30"/>
<value currency="USD" value-date="2027-04-30">0.00</value>
</budget>
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<period-start iso-date="2027-05-01"/>
<period-end iso-date="2027-05-31"/>
<value currency="USD" value-date="2027-05-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2027-06-01"/>
<period-end iso-date="2027-06-30"/>
<value currency="USD" value-date="2027-06-30">0.00</value>
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<budget type="2" status="1">
<period-start iso-date="2027-07-01"/>
<period-end iso-date="2027-07-31"/>
<value currency="USD" value-date="2027-07-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2027-08-01"/>
<period-end iso-date="2027-08-31"/>
<value currency="USD" value-date="2027-08-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2027-09-01"/>
<period-end iso-date="2027-09-30"/>
<value currency="USD" value-date="2027-09-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2027-10-01"/>
<period-end iso-date="2027-10-31"/>
<value currency="USD" value-date="2027-10-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2026-06-01"/>
<period-end iso-date="2027-06-30"/>
<value currency="USD" value-date="2027-06-30">27770004.40</value>
</budget>
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<period-start iso-date="2026-06-01"/>
<period-end iso-date="2027-06-30"/>
<value currency="USD" value-date="2027-06-30">27770004.40</value>
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<transaction><transaction-type code="3" /><transaction-date iso-date="2022-08-31"/><value value-date="2022-08-31">458640</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45513"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45514"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45515"><narrative>National Bank of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45517"><narrative>Enterprise Georgia</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-09-30"/><value value-date="2022-09-30">8487250</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45513"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45514"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45515"><narrative>National Bank of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45517"><narrative>Enterprise Georgia</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
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<transaction><transaction-type code="3" /><transaction-date iso-date="2023-02-28"/><value value-date="2023-02-28">0</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45513"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45514"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45515"><narrative>National Bank of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45517"><narrative>Enterprise Georgia</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-03-31"/><value value-date="2023-03-31">1623450</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45513"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45514"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45515"><narrative>National Bank of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45517"><narrative>Enterprise Georgia</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-06-30"/><value value-date="2023-06-30">1938150</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45513"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45514"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45515"><narrative>National Bank of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45517"><narrative>Enterprise Georgia</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-08-31"/><value value-date="2023-08-31">3280200</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45513"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45514"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45515"><narrative>National Bank of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45517"><narrative>Enterprise Georgia</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-10-31"/><value value-date="2023-10-31">12117200</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45513"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45514"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45515"><narrative>National Bank of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45517"><narrative>Enterprise Georgia</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-12-31"/><value value-date="2023-12-31">1640700</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45513"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45514"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45515"><narrative>National Bank of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45517"><narrative>Enterprise Georgia</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-02-29"/><value value-date="2024-02-29">0</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45513"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45514"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45515"><narrative>National Bank of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45517"><narrative>Enterprise Georgia</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-03-31"/><value value-date="2024-03-31">2163600</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45513"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45514"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45515"><narrative>National Bank of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45517"><narrative>Enterprise Georgia</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-05-31"/><value value-date="2024-05-31">2169400</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45513"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45514"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45515"><narrative>National Bank of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45517"><narrative>Enterprise Georgia</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-07-31"/><value value-date="2024-07-31">2722125</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45513"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45514"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45515"><narrative>National Bank of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45517"><narrative>Enterprise Georgia</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-08-31"/><value value-date="2024-08-31">0</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45513"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45514"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45515"><narrative>National Bank of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45517"><narrative>Enterprise Georgia</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-10-31"/><value value-date="2024-10-31">2771875</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45513"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45514"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45515"><narrative>National Bank of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45517"><narrative>Enterprise Georgia</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-11-30"/><value value-date="2024-11-30">3679725</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45513"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45514"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45515"><narrative>National Bank of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45517"><narrative>Enterprise Georgia</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2025-02-28"/><value value-date="2025-02-28">3146850</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45513"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45514"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45515"><narrative>National Bank of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45517"><narrative>Enterprise Georgia</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2025-05-31"/><value value-date="2025-05-31">4515000</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45513"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45514"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45515"><narrative>National Bank of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45517"><narrative>Enterprise Georgia</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2025-06-30"/><value value-date="2025-06-30">4686000</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45513"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45514"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45515"><narrative>National Bank of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45517"><narrative>Enterprise Georgia</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2025-08-31"/><value value-date="2025-08-31">4644000</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45513"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45514"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45515"><narrative>National Bank of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45517"><narrative>Enterprise Georgia</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2025-09-30"/><value value-date="2025-09-30">0</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45513"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45514"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45515"><narrative>National Bank of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45517"><narrative>Enterprise Georgia</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2025-12-31"/><value value-date="2025-12-31">172036</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45513"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45514"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45515"><narrative>National Bank of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45517"><narrative>Enterprise Georgia</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2026-01-31"/><value value-date="2026-01-31">3584100</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45513"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45514"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45515"><narrative>National Bank of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45517"><narrative>Enterprise Georgia</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2026-03-31"/><value value-date="2026-03-31">0</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45513"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45514"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45515"><narrative>National Bank of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45517"><narrative>Enterprise Georgia</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2026-05-31"/><value value-date="2026-05-31">6960600</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45513"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45514"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45515"><narrative>National Bank of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45517"><narrative>Enterprise Georgia</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2026-06-30"/><value value-date="2026-06-30">1464454</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45513"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45514"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45515"><narrative>National Bank of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45517"><narrative>Enterprise Georgia</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-08-31"/><value value-date="2021-08-31">-250028</value><description xml:lang="en"><narrative>Total Interest Repayment in August Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45513"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45514"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45515"><narrative>National Bank of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45517"><narrative>Enterprise Georgia</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-02-28"/><value value-date="2022-02-28">-141728</value><description xml:lang="en"><narrative>Total Interest Repayment in February Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45513"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45514"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45515"><narrative>National Bank of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45517"><narrative>Enterprise Georgia</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-08-31"/><value value-date="2022-08-31">-110473</value><description xml:lang="en"><narrative>Total Interest Repayment in August Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45513"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45514"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45515"><narrative>National Bank of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45517"><narrative>Enterprise Georgia</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-02-28"/><value value-date="2023-02-28">-186711</value><description xml:lang="en"><narrative>Total Interest Repayment in February Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45513"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45514"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45515"><narrative>National Bank of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45517"><narrative>Enterprise Georgia</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-08-31"/><value value-date="2023-08-31">-382197</value><description xml:lang="en"><narrative>Total Interest Repayment in August Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45513"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45514"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45515"><narrative>National Bank of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45517"><narrative>Enterprise Georgia</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-02-29"/><value value-date="2024-02-29">-666610</value><description xml:lang="en"><narrative>Total Interest Repayment in February Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45513"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45514"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45515"><narrative>National Bank of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45517"><narrative>Enterprise Georgia</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-08-31"/><value value-date="2024-08-31">-817202</value><description xml:lang="en"><narrative>Total Interest Repayment in August Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45513"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45514"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45515"><narrative>National Bank of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45517"><narrative>Enterprise Georgia</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-02-28"/><value value-date="2025-02-28">-918224</value><description xml:lang="en"><narrative>Total Interest Repayment in February Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45513"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45514"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45515"><narrative>National Bank of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45517"><narrative>Enterprise Georgia</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-08-31"/><value value-date="2025-08-31">-1127672</value><description xml:lang="en"><narrative>Total Interest Repayment in August Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45513"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45514"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45515"><narrative>National Bank of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45517"><narrative>Enterprise Georgia</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2026-02-28"/><value value-date="2026-02-28">-1426781</value><description xml:lang="en"><narrative>Total Interest Repayment in February Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-45513"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45514"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45515"><narrative>National Bank of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-45517"><narrative>Enterprise Georgia</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P173975"><title xml:lang="en"><narrative>Contract Awards</narrative></title><category code="A11" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-detail/P173975?lang=en"><title xml:lang="en"><narrative>Project URL</narrative></title><category code="A12" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P173975"><title xml:lang="en"><narrative>Procurement Notices</narrative></title><category code="A10" /></document-link><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Businesses using debt financing
</narrative></title>
<baseline year="2024" iso-date="2024-09-07" value="514"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2024-09-07" />
<period-end iso-date="2027-06-07" />
<target value="700">

</target>
<actual value="1059">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Institutional actions to strengthen the partial credit guarantees program
</narrative></title>
<baseline year="2020" iso-date="2020-11-22" value="EG currently does not have a monitoring system, a risk management framework, and an outreach strategy to evaluate the performance and risks of the program and propose improvements in its design."><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-11-22" />
<period-end iso-date="2027-06-07" />
<target value="EG has strengthened the design and implementation arrangements of the program, including more robust risk monitoring, awareness campaigns, stronger participation agreements with PFIs, and financial modelling tool.">
<comment><narrative>
Institutional actions to strengthen the partial credit guarantee programs include: (1) introduction of measures to engage with PFIs, including the launch of an information and awareness campaign among PFIs, as well as the introduction of a risk monitoring system; (2) amendment of the participation agreements signed with PFIs to specify that EG can impose sanctions, remedies, and termination on PFIs; (3) adoption of a financial modelling tool.
</narrative></comment>
</target>
<actual value="EG has (a) launched a campaign to share information and raise awareness among PFIs, (b) introduced a risk monitoring system for EG supported loans; (c) adopted a financial modelling tool; and (d) adopted amendments to the participation agreements signed with PFIs to specify that EG can impose sanctions, remedies, and termination on PFIs.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Establishment of Digital ID infrastructure to facilitate remote KYC processes by financial institutions.
</narrative></title>
<baseline year="2021" iso-date="2021-06-07" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-06-07" />
<period-end iso-date="2027-06-07" />
<target value="Yes">

</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of guarantees issued under the Project
</narrative></title>
<baseline year="2021" iso-date="2021-06-22" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-06-22" />
<period-end iso-date="2027-06-07" />
<target value="380">

</target>
<actual value="741">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of MSMEs supported by grants under the Project
</narrative></title>
<baseline year="2021" iso-date="2021-06-22" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-06-22" />
<period-end iso-date="2027-06-07" />
<target value="2167">

</target>
<actual value="2,167">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Volume of grants disbursed to MSMEs under the Project (GEL million)
</narrative></title>
<baseline year="2021" iso-date="2021-06-22" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-06-22" />
<period-end iso-date="2027-06-07" />
<target value="47.4">

</target>
<actual value="47.4">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of enterprises supported by co-financing of interest payments under the Project
</narrative></title>
<baseline year="2021" iso-date="2021-06-22" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-06-22" />
<period-end iso-date="2027-06-07" />
<target value="500">

</target>
<actual value="585">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Revenue increase:  increase in average revenue of Project beneficiaries compared to   increase in average revenue in their respective sector
</narrative></title>
<baseline year="2020" iso-date="2020-12-13" value=""><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-12-13" />
<period-end iso-date="2027-06-13" />
<target value="&amp;gt;1">
<comment><narrative>
Between 2021-2022, project beneficiaries revenue increase was 1.7 times higher compared to the average revenue increase in their respective sector. There is some time lag in reporting on this indicator.
</narrative></comment>
</target>
<actual value="&amp;gt;1">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of volume of financial support under the Project channeled to investments in the green economy and climate financing (%)
</narrative></title>
<baseline year="2021" iso-date="2021-06-22" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-06-22" />
<period-end iso-date="2027-06-07" />
<target value="15.00">

</target>
<actual value="11">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of financial resources (grants, co-financing, guarantees) under the Project channeled to women-led firms
</narrative></title>
<baseline year="2020" iso-date="2020-12-07" value="24.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-12-07" />
<period-end iso-date="2027-06-07" />
<target value="30">

</target>
<actual value="28.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of MSMEs receiving training and/or technical assistance for digital transformation and/or improving managerial skills
</narrative></title>
<baseline year="2021" iso-date="2021-06-07" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-06-07" />
<period-end iso-date="2027-06-07" />
<target value="1000">

</target>
<actual value="1165">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Institutional actions to strengthen the co-financing of interest payments program
</narrative></title>
<baseline year="2020" iso-date="2020-11-22" value="EG does not have evaluation systems and measures in place to assess the effectiveness of its co-financing of interest payments on an frequent basis and better align its targeting towards strategic sectors and/or thematic areas."><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-11-22" />
<period-end iso-date="2027-06-07" />
<target value="EG has adopted a robust M&amp;E framework and conducted an evaluation of its co-financing program, using evidence to propose amendments to improve targeting, eligibility criteria and other aspects of the program.">
<comment><narrative>
Institutional actions to strengthen the co-financing of interest payments program include: (1) the adoption of a robust M&amp;amp;E framework, which improves the methodology for monitoring the impact of the program; (2) the completion of an evaluation of the co-financing program; (3) the amendments of the resolution governing the program to reflect improvements.
</narrative></comment>
</target>
<actual value="(1) EG has developed and adopted a robust M&amp;E framework; (2) EG has conducted an evaluation of its co-financing program; (3) amended a program to improve targeting.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Institutional actions to strengthen the grants program
</narrative></title>
<baseline year="2020" iso-date="2020-11-22" value=""><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-11-22" />
<period-end iso-date="2027-06-07" />
<target value="EG (1) adopted of a robust M&amp;E framework, which improves the methodology for monitoring the impact of the program on MSME beneficiaries; and (2) launched a pilot graduation scheme to provide institutional support to selected high-performance beneficiaries.">
<comment><narrative>
Institutional actions to strengthen the grants program include: (1) the adoption of a robust M&amp;E framework, which improves the methodology for monitoring the impact of the program on MSME beneficiaries; and (2) launch of a pilot graduation scheme to provide institutional support to selected high-performance beneficiaries.
</narrative></comment>
</target>
<actual value="EG (1) adopted of a robust M&amp;E framework, which improves the methodology for monitoring the impact of the program on MSME beneficiaries; and (2) launched a pilot graduation scheme to provide institutional support to selected high-performance beneficiaries.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
NPL ratio of co-financing of interest payments program (%)
</narrative></title>
<baseline year="2021" iso-date="2021-06-22" value="The historic NPL ratio for EG's programs is 0.6%"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-06-22" />
<period-end iso-date="2027-06-07" />
<target value="NPL ratio in the co-financing loan portfolio should be below 8%">
<comment><narrative>
Percentage of NPLs in the portfolio of loans that received co-financing of interest payments. NPLs as reported by PFIs according to NBG prudential definition.
</narrative></comment>
</target>
<actual value="0.46">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Approval of amendments to legal framework for secured transactions
</narrative></title>
<baseline year="2021" iso-date="2021-06-22" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-06-22" />
<period-end iso-date="2027-06-07" />
<target value="Yes">
<comment><narrative>
Proposed amendments to the legal framework for secured transactions are approved.
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Share of instant payment transactions (%)
</narrative></title>
<baseline year="2021" iso-date="2021-06-22" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-06-22" />
<period-end iso-date="2027-06-07" />
<target value="15.00">
<comment><narrative>
Number of instant payments transactions divided by the total number of non-cash retail payment transactions (%).
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Survivorship ratio:  Survivorship of enterprises under the Project compared to survivorship of enterprises in the economy
</narrative></title>
<baseline year="2020" iso-date="2020-12-13" value=""><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-12-13" />
<period-end iso-date="2027-06-13" />
<target value="&amp;gt;1">

</target>
<actual value="&amp;gt;1">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Establishment of an upgraded movable collateral registry
</narrative></title>
<baseline year="2021" iso-date="2021-06-27" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-06-27" />
<period-end iso-date="2026-06-27" />
<target value="Yes">

</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Preparation of technical specifications for the modernization of the collateral registry
</narrative></title>
<baseline year="2021" iso-date="2021-06-22" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-06-22" />
<period-end iso-date="2027-06-07" />
<target value="Yes">
<comment><narrative>
Preparation of technical specifications for the modernization of the collateral registry.
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
People using payment services
</narrative></title>
<baseline year="1900" iso-date="1900-01-01" value=""><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="1900-01-01" />
<period-end iso-date="2027-06-07" />
<target value="250,000">

</target>
<actual value="0">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Volume of financial support provided to MSMEs affected by the pandemic (GEL million)
</narrative></title>
<baseline year="2021" iso-date="2021-06-28" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-06-28" />
<period-end iso-date="2027-06-13" />
<target value="550">

</target>
<actual value="683">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of digital transactions facilitated through the new instant payment system (million)
</narrative></title>
<baseline year="2021" iso-date="2021-06-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-06-28" />
<period-end iso-date="2027-06-13" />
<target value="17.00">

</target>
<actual value="0">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Volume of loans supported by co-financing under the Project (GEL million)
</narrative></title>
<baseline year="2021" iso-date="2021-06-22" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-06-22" />
<period-end iso-date="2027-06-07" />
<target value="450">

</target>
<actual value="512">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Volume of retail transactions recorded in the IPS (GEL billion)
</narrative></title>
<baseline year="2021" iso-date="2021-06-22" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-06-22" />
<period-end iso-date="2027-06-07" />
<target value="10.00">
<comment><narrative>
Note: the actual number might be higher if government payments are included.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Volume of loans guaranteed with support of the Project (GEL million)
</narrative></title>
<baseline year="2021" iso-date="2021-06-22" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-06-22" />
<period-end iso-date="2027-06-07" />
<target value="300">

</target>
<actual value="272">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Introduction of a managerial skills program
</narrative></title>
<baseline year="2020" iso-date="2020-11-22" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-11-22" />
<period-end iso-date="2027-06-07" />
<target value="Yes">

</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Institutional actions to strengthen the partial credit guarantees program
</narrative></title>
<baseline year="2020" iso-date="2020-11-22" value="EG currently does not have a monitoring system, a risk management framework, and an outreach strategy to evaluate the performance and risks of the program and propose improvements in its design."><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-11-22" />
<period-end iso-date="2027-06-07" />
<target value="EG has strengthened the design and implementation arrangements of the program, including more robust risk monitoring, awareness campaigns, stronger participation agreements with PFIs, and financial modelling tool.">
<comment><narrative>
Institutional actions to strengthen the partial credit guarantee programs include: (1) introduction of measures to engage with PFIs, including the launch of an information and awareness campaign among PFIs, as well as the introduction of a risk monitoring system; (2) amendment of the participation agreements signed with PFIs to specify that EG can impose sanctions, remedies, and termination on PFIs; (3) adoption of a financial modelling tool.
</narrative></comment>
</target>
<actual value="EG has (a) launched a campaign to share information and raise awareness among PFIs, (b) introduced a risk monitoring system for EG supported loans; (c) adopted a financial modelling tool; and (d) adopted amendments to the participation agreements signed with PFIs to specify that EG can impose sanctions, remedies, and termination on PFIs.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of financial resources (grants, co-financing, guarantees) under the Project channeled to women-led firms
</narrative></title>
<baseline year="2020" iso-date="2020-12-07" value="24.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-12-07" />
<period-end iso-date="2027-06-07" />
<target value="30">

</target>
<actual value="28.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Institutional actions to strengthen the co-financing of interest payments program
</narrative></title>
<baseline year="2020" iso-date="2020-11-22" value="EG does not have evaluation systems and measures in place to assess the effectiveness of its co-financing of interest payments on an frequent basis and better align its targeting towards strategic sectors and/or thematic areas."><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-11-22" />
<period-end iso-date="2027-06-07" />
<target value="EG has adopted a robust M&amp;E framework and conducted an evaluation of its co-financing program, using evidence to propose amendments to improve targeting, eligibility criteria and other aspects of the program.">
<comment><narrative>
Institutional actions to strengthen the co-financing of interest payments program include: (1) the adoption of a robust M&amp;amp;E framework, which improves the methodology for monitoring the impact of the program; (2) the completion of an evaluation of the co-financing program; (3) the amendments of the resolution governing the program to reflect improvements.
</narrative></comment>
</target>
<actual value="(1) EG has developed and adopted a robust M&amp;E framework; (2) EG has conducted an evaluation of its co-financing program; (3) amended a program to improve targeting.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Institutional actions to strengthen the grants program
</narrative></title>
<baseline year="2020" iso-date="2020-11-22" value=""><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-11-22" />
<period-end iso-date="2027-06-07" />
<target value="EG (1) adopted of a robust M&amp;E framework, which improves the methodology for monitoring the impact of the program on MSME beneficiaries; and (2) launched a pilot graduation scheme to provide institutional support to selected high-performance beneficiaries.">
<comment><narrative>
Institutional actions to strengthen the grants program include: (1) the adoption of a robust M&amp;E framework, which improves the methodology for monitoring the impact of the program on MSME beneficiaries; and (2) launch of a pilot graduation scheme to provide institutional support to selected high-performance beneficiaries.
</narrative></comment>
</target>
<actual value="EG (1) adopted of a robust M&amp;E framework, which improves the methodology for monitoring the impact of the program on MSME beneficiaries; and (2) launched a pilot graduation scheme to provide institutional support to selected high-performance beneficiaries.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
EG Citizen Engagement: share of MSMEs reporting that programs reflected their needs (%)
</narrative></title>
<baseline year="2021" iso-date="2021-06-22" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-06-22" />
<period-end iso-date="2027-06-07" />
<target value="60.00">
<comment><narrative>
This indicator has been computed for the 2024 program portfolio. The overall satisfaction indicator for all programs—including Growth Hub services, co-financing, and PCG—is 91 percent. This percentage represents the proportion of beneficiaries who rated the programs as 4 (satisfied) or 5 (very satisfied) out of the total number of beneficiaries surveyed.
</narrative></comment>
</target>
<actual value="91">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of volume of financial support under the Project channeled to investments in the green economy and climate financing (%)
</narrative></title>
<baseline year="2021" iso-date="2021-06-22" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-06-22" />
<period-end iso-date="2027-06-07" />
<target value="15.00">

</target>
<actual value="13">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of MSMEs receiving training and/or technical assistance for digital transformation and/or improving managerial skills
</narrative></title>
<baseline year="2021" iso-date="2021-06-07" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-06-07" />
<period-end iso-date="2027-06-07" />
<target value="1000">

</target>
<actual value="1431">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
NPL ratio of the partial credit guarantee program (%)
</narrative></title>
<baseline year="2021" iso-date="2021-06-22" value="The historic NPL ratio for EG's programs is 0.6%"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-06-22" />
<period-end iso-date="2027-06-07" />
<target value="NPL ratio of the PCG program should be below 8%">
<comment><narrative>
Percentage of NPLs in the portfolio of loans that partial credit guarantees. NPLs as reported by PFIs according to NBG prudential definition
</narrative></comment>
</target>
<actual value="1.48">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
NPL ratio of co-financing of interest payments program (%)
</narrative></title>
<baseline year="2021" iso-date="2021-06-22" value="The historic NPL ratio for EG's programs is 0.6%"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-06-22" />
<period-end iso-date="2027-06-07" />
<target value="NPL ratio in the co-financing loan portfolio should be below 8%">
<comment><narrative>
Percentage of NPLs in the portfolio of loans that received co-financing of interest payments. NPLs as reported by PFIs according to NBG prudential definition.
</narrative></comment>
</target>
<actual value="0.61">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Volume of loans guaranteed with support of the Project (GEL million)
</narrative></title>
<baseline year="2021" iso-date="2021-06-22" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-06-22" />
<period-end iso-date="2027-06-07" />
<target value="300">

</target>
<actual value="282">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Preparation of technical specifications for the modernization of the collateral registry
</narrative></title>
<baseline year="2021" iso-date="2021-06-22" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-06-22" />
<period-end iso-date="2027-06-07" />
<target value="Yes">
<comment><narrative>
Preparation of technical specifications for the modernization of the collateral registry.
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of guarantees issued under the Project
</narrative></title>
<baseline year="2021" iso-date="2021-06-22" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-06-22" />
<period-end iso-date="2027-06-07" />
<target value="380">

</target>
<actual value="770">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Establishment of a working group for KYC Registry
</narrative></title>
<baseline year="2021" iso-date="2021-06-22" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-06-22" />
<period-end iso-date="2027-06-07" />
<target value="Yes">
<comment><narrative>
Establishment of a working group formed by MOESD, MOJ and other stakeholders.
</narrative></comment>
</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Volume of loans supported by co-financing under the Project (GEL million)
</narrative></title>
<baseline year="2021" iso-date="2021-06-22" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-06-22" />
<period-end iso-date="2027-06-07" />
<target value="450">

</target>
<actual value="518">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Approval of amendments to legal framework for secured transactions
</narrative></title>
<baseline year="2021" iso-date="2021-06-22" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-06-22" />
<period-end iso-date="2027-06-07" />
<target value="Yes">
<comment><narrative>
Proposed amendments to the legal framework for secured transactions are approved.
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of enterprises supported by co-financing of interest payments under the Project
</narrative></title>
<baseline year="2021" iso-date="2021-06-22" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-06-22" />
<period-end iso-date="2027-06-07" />
<target value="500">

</target>
<actual value="586">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Establishment of Digital ID infrastructure to facilitate remote KYC processes by financial institutions.
</narrative></title>
<baseline year="2021" iso-date="2021-06-07" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-06-07" />
<period-end iso-date="2027-06-07" />
<target value="Yes">

</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Volume of grants disbursed to MSMEs under the Project (GEL million)
</narrative></title>
<baseline year="2021" iso-date="2021-06-22" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-06-22" />
<period-end iso-date="2027-06-07" />
<target value="47.4">

</target>
<actual value="47.4">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Share of instant payment transactions (%)
</narrative></title>
<baseline year="2021" iso-date="2021-06-22" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-06-22" />
<period-end iso-date="2027-06-07" />
<target value="15.00">
<comment><narrative>
Number of instant payments transactions divided by the total number of non-cash retail payment transactions (%).
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of MSMEs supported by grants under the Project
</narrative></title>
<baseline year="2021" iso-date="2021-06-22" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-06-22" />
<period-end iso-date="2027-06-07" />
<target value="2167">

</target>
<actual value="2,167">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Volume of retail transactions recorded in the IPS (GEL billion)
</narrative></title>
<baseline year="2021" iso-date="2021-06-22" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-06-22" />
<period-end iso-date="2027-06-07" />
<target value="10.00">
<comment><narrative>
Note: the actual number might be higher if government payments are included.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Establishment of an upgraded movable collateral registry
</narrative></title>
<baseline year="2021" iso-date="2021-06-27" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-06-27" />
<period-end iso-date="2026-06-27" />
<target value="Yes">

</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Establishment of an upgraded movable collateral registry
</narrative></title>
<baseline year="2021" iso-date="2021-06-27" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-06-27" />
<period-end iso-date="2026-06-27" />
<target value="Yes">

</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of digital transactions facilitated through the new instant payment system (million)
</narrative></title>
<baseline year="2021" iso-date="2021-06-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-06-28" />
<period-end iso-date="2027-06-13" />
<target value="17.00">

</target>
<actual value="0">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of digital transactions facilitated through the new instant payment system (million)
</narrative></title>
<baseline year="2021" iso-date="2021-06-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-06-28" />
<period-end iso-date="2027-06-13" />
<target value="17.00">

</target>
<actual value="0">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Survivorship ratio:  Survivorship of enterprises under the Project compared to survivorship of enterprises in the economy
</narrative></title>
<baseline year="2020" iso-date="2020-12-13" value=""><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-12-13" />
<period-end iso-date="2027-06-13" />
<target value="&amp;gt;1">

</target>
<actual value="&amp;gt;1">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Survivorship ratio:  Survivorship of enterprises under the Project compared to survivorship of enterprises in the economy
</narrative></title>
<baseline year="2020" iso-date="2020-12-13" value=""><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-12-13" />
<period-end iso-date="2027-06-13" />
<target value="&amp;gt;1">

</target>
<actual value="&amp;gt;1">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Revenue increase:  increase in average revenue of Project beneficiaries compared to   increase in average revenue in their respective sector
</narrative></title>
<baseline year="2020" iso-date="2020-12-13" value=""><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-12-13" />
<period-end iso-date="2027-06-13" />
<target value="&amp;gt;1">
<comment><narrative>
Between 2021-2022, project beneficiaries revenue increase was 1.7 times higher compared to the average revenue increase in their respective sector. There is some time lag in reporting on this indicator.
</narrative></comment>
</target>
<actual value="&amp;gt;1">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Revenue increase:  increase in average revenue of Project beneficiaries compared to   increase in average revenue in their respective sector
</narrative></title>
<baseline year="2020" iso-date="2020-12-13" value=""><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-12-13" />
<period-end iso-date="2027-06-13" />
<target value="&amp;gt;1">
<comment><narrative>
Between 2021-2022, project beneficiaries revenue increase was 1.7 times higher compared to the average revenue increase in their respective sector. There is some time lag in reporting on this indicator.
</narrative></comment>
</target>
<actual value="&amp;gt;1">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Volume of financial support provided to MSMEs affected by the pandemic (GEL million)
</narrative></title>
<baseline year="2021" iso-date="2021-06-28" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-06-28" />
<period-end iso-date="2027-06-13" />
<target value="550">

</target>
<actual value="847">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Volume of financial support provided to MSMEs affected by the pandemic (GEL million)
</narrative></title>
<baseline year="2021" iso-date="2021-06-28" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-06-28" />
<period-end iso-date="2027-06-13" />
<target value="550">

</target>
<actual value="683">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
People using payment services
</narrative></title>
<baseline year="1900" iso-date="1900-01-01" value=""><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="1900-01-01" />
<period-end iso-date="2027-06-07" />
<target value="250,000">

</target>
<actual value="0">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Businesses using debt financing
</narrative></title>
<baseline year="2024" iso-date="2024-09-07" value="514"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2024-09-07" />
<period-end iso-date="2027-06-07" />
<target value="700">

</target>
<actual value="1094">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Establishment of a working group for KYC Registry
</narrative></title>
<baseline year="2021" iso-date="2021-06-22" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-06-22" />
<period-end iso-date="2027-06-07" />
<target value="Yes">
<comment><narrative>
Establishment of a working group formed by MOESD, MOJ and other stakeholders.
</narrative></comment>
</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
EG Citizen Engagement: share of MSMEs reporting that programs reflected their needs (%)
</narrative></title>
<baseline year="2021" iso-date="2021-06-22" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-06-22" />
<period-end iso-date="2027-06-07" />
<target value="60.00">
<comment><narrative>
This indicator has been computed for the 2024 program portfolio. The overall satisfaction indicator for all programs—including Growth Hub services, co-financing, and PCG—is 91 percent. This percentage represents the proportion of beneficiaries who rated the programs as 4 (satisfied) or 5 (very satisfied) out of the total number of beneficiaries surveyed.
</narrative></comment>
</target>
<actual value="91">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
NPL ratio of the partial credit guarantee program (%)
</narrative></title>
<baseline year="2021" iso-date="2021-06-22" value="The historic NPL ratio for EG's programs is 0.6%"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-06-22" />
<period-end iso-date="2027-06-07" />
<target value="NPL ratio of the PCG program should be below 8%">
<comment><narrative>
Percentage of NPLs in the portfolio of loans that partial credit guarantees. NPLs as reported by PFIs according to NBG prudential definition
</narrative></comment>
</target>
<actual value="0.87">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Introduction of a managerial skills program
</narrative></title>
<baseline year="2020" iso-date="2020-11-22" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-11-22" />
<period-end iso-date="2027-06-07" />
<target value="Yes">

</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result></iati-activity><iati-activity xml:lang="en" default-currency="USD" last-updated-datetime="2026-09-26T22:16:57" hierarchy="1"><iati-identifier>44000-P175455</iati-identifier><reporting-org ref="44000" type="40"><narrative  xml:lang="en">World Bank</narrative></reporting-org><title xml:lang="en"><narrative>Georgia Human Capital Program</narrative></title><description type="2" xml:lang="en"><narrative><![CDATA[To make the human capital delivery system in Georgia more efficient and inclusive.]]></narrative></description><description type="1" xml:lang="en"><narrative><![CDATA[The development objective of the Human Capital Program for Georgia is to make the human capital delivery system in Georgia more efficient and inclusive. The Government of Georgia (GoG) program for human capital for 2022-2031 provides a set of transformative policy priorities for the development of human capital and its effective engagement in the development of the country. The portion of the GoG program for human capital for 2022-2031 that will be implemented in the period 2022-2027 under this operation is termed as the GoG Program for human capital for 2022-2027, and forms the Program Boundary. The Program is composed of a set of subprograms that have been organized in three results areas: efficiency for better value for money of human capital expenditures in education, health and social protection sectors. Inclusion for quality of human capital expenditures for all beneficiaries in education, health and social protection sectors. Connectivity of digital systems across all areas of human capital provision in education, health and social protection sectors.]]></narrative></description><participating-org role="1" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org><participating-org role="2" xml:lang="en" ref="GE–P0047622"><narrative>Georgia</narrative></participating-org><participating-org role="2" xml:lang="en" ref="GE–P0047622"><narrative>Georgia</narrative></participating-org><participating-org role="3" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org><participating-org role="4" xml:lang="en" ref="GE-COA-0047623"><narrative>Ministry of IDPs from the Occupied Territories, Labor, Health and Social Affairs</narrative></participating-org>
<activity-status code="2" /><activity-date type="1" iso-date="2021-06-17"><narrative>Planned start date of the activity</narrative></activity-date><activity-date type="2" iso-date="2022-03-22"><narrative>Actual start date of the activity</narrative></activity-date><activity-date type="3" iso-date="2028-12-31"><narrative>Planned end date of the activity</narrative></activity-date><activity-date type="4" iso-date="2028-12-31"><narrative>Actual end date of the activity</narrative></activity-date><contact-info type="1"><organisation><narrative>The World Bank</narrative></organisation><person-name><narrative>Renata Freitas Lemos</narrative></person-name><telephone>+1-202-473-1000</telephone><email>rlemos@worldbank.org</email><email>pic@worldbank.org</email><mailing-address><narrative>The World Bank, 1818 H Street, NW, Washington, DC 20433 USA</narrative></mailing-address></contact-info>







<recipient-country code="GE" percentage="100"><narrative xml:lang="en">GEORGIA</narrative></recipient-country><location>
                <location-reach code="1" />
                <location-id vocabulary="G1" code="611717" />
                <name><narrative>Tbilisi</narrative></name>
                <point srsName="http://www.opengis.net/def/crs/EPSG/0/4326">
                <pos>41.69411 44.833679</pos>
                </point>
                <exactness code="2"/>
                <location-class code="2" />
            </location><sector vocabulary="1" code="16011" percentage="56" xml:lang="en"/><sector vocabulary="1" code="12230" percentage="20" xml:lang="en"/><sector vocabulary="1" code="11322" percentage="17" xml:lang="en"/><sector vocabulary="1" code="11110" percentage="7" xml:lang="en"/><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="ES" percentage="32.0000000" xml:lang="en"><narrative>FY17 - Secondary Education</narrative></sector><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="EZ" percentage="7.00000000" xml:lang="en"><narrative>FY17 - Other Education</narrative></sector><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="SA" percentage="29.0000000" xml:lang="en"><narrative>FY17 - Social Protection</narrative></sector><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="HG" percentage="32.0000000" xml:lang="en"><narrative>FY17 - Health</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000663" percentage="8" xml:lang="en"><narrative>Active Labor Market Programs</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000052" percentage="65" xml:lang="en"><narrative>Social Protection</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000261" percentage="58" xml:lang="en"><narrative>ICT Solutions</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000656" percentage="78" xml:lang="en"><narrative>Education Governance, School-Based Management</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000523" percentage="23" xml:lang="en"><narrative>Social protection delivery systems</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000663" percentage="8" xml:lang="en"><narrative>Active Labor Market Programs</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000075" percentage="34" xml:lang="en"><narrative>Disaster Risk Management</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000026" percentage="58" xml:lang="en"><narrative>ICT</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000633" percentage="58" xml:lang="en"><narrative>Health Finance</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000658" percentage="15" xml:lang="en"><narrative>Education Facilities</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000065" percentage="93" xml:lang="en"><narrative>Education</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000625" percentage="35" xml:lang="en"><narrative>Non-communicable diseases</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000632" percentage="35" xml:lang="en"><narrative>Health Service Delivery</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000066" percentage="43" xml:lang="en"><narrative>Labor Market Policy and Programs</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000625" percentage="35" xml:lang="en"><narrative>Non-communicable diseases</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000657" percentage="78" xml:lang="en"><narrative>Standards, Curriculum and Textbooks</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000062" percentage="35" xml:lang="en"><narrative>Disease Control</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000063" percentage="93" xml:lang="en"><narrative>Health Systems and Policies</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000052" percentage="65" xml:lang="en"><narrative>Social Protection</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000221" percentage="8" xml:lang="en"><narrative>Job Creation</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000812" percentage="2" xml:lang="en"><narrative>Adaptation</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000063" percentage="93" xml:lang="en"><narrative>Health Systems and Policies</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000632" percentage="35" xml:lang="en"><narrative>Health Service Delivery</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000661" percentage="35" xml:lang="en"><narrative>Skills Development</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000811" percentage="1" xml:lang="en"><narrative>Mitigation</narrative></sector><collaboration-type code="2" /><default-aid-type code="C01" xml:lang="en"/><default-tied-status code="5" /><budget type="1" status="1">
<period-start iso-date="2021-12-01"/>
<period-end iso-date="2021-12-31"/>
<value currency="USD" value-date="2021-12-31">48571.43</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2022-01-01"/>
<period-end iso-date="2022-01-31"/>
<value currency="USD" value-date="2022-01-31">48571.43</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2022-02-01"/>
<period-end iso-date="2022-02-28"/>
<value currency="USD" value-date="2022-02-28">48571.43</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2022-03-01"/>
<period-end iso-date="2022-03-31"/>
<value currency="USD" value-date="2022-03-31">48571.43</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2022-04-01"/>
<period-end iso-date="2022-04-30"/>
<value currency="USD" value-date="2022-04-30">48571.43</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2022-05-01"/>
<period-end iso-date="2022-05-31"/>
<value currency="USD" value-date="2022-05-31">48571.43</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2022-06-01"/>
<period-end iso-date="2022-06-30"/>
<value currency="USD" value-date="2022-06-30">48571.42</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2022-07-01"/>
<period-end iso-date="2022-07-31"/>
<value currency="USD" value-date="2022-07-31">9330000.00</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2022-08-01"/>
<period-end iso-date="2022-08-31"/>
<value currency="USD" value-date="2022-08-31">9330000.00</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2022-09-01"/>
<period-end iso-date="2022-09-30"/>
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</budget>
<budget type="1" status="1">
<period-start iso-date="2022-10-01"/>
<period-end iso-date="2022-10-31"/>
<value currency="USD" value-date="2022-10-31">9330000.00</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2022-11-01"/>
<period-end iso-date="2022-11-30"/>
<value currency="USD" value-date="2022-11-30">9330000.00</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2022-12-01"/>
<period-end iso-date="2022-12-31"/>
<value currency="USD" value-date="2022-12-31">9330000.00</value>
</budget>
<budget type="1" status="1">
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<value currency="USD" value-date="2023-01-31">9330000.00</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2023-02-01"/>
<period-end iso-date="2023-02-28"/>
<value currency="USD" value-date="2023-02-28">9330000.00</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2023-03-01"/>
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<value currency="USD" value-date="2023-03-31">9330000.00</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2023-04-01"/>
<period-end iso-date="2023-04-30"/>
<value currency="USD" value-date="2023-04-30">9330000.00</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2023-05-01"/>
<period-end iso-date="2023-05-31"/>
<value currency="USD" value-date="2023-05-31">9330000.00</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2023-06-01"/>
<period-end iso-date="2023-06-30"/>
<value currency="USD" value-date="2023-06-30">9330000.00</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2023-07-01"/>
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<value currency="USD" value-date="2023-07-31">7238333.33</value>
</budget>
<budget type="1" status="1">
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<value currency="USD" value-date="2023-08-31">7238333.33</value>
</budget>
<budget type="1" status="1">
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<value currency="USD" value-date="2023-09-30">7238333.33</value>
</budget>
<budget type="1" status="1">
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<value currency="USD" value-date="2023-10-31">7238333.33</value>
</budget>
<budget type="1" status="1">
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</budget>
<budget type="1" status="1">
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<value currency="USD" value-date="2023-12-31">7238333.33</value>
</budget>
<budget type="1" status="1">
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<value currency="USD" value-date="2024-01-31">7238333.33</value>
</budget>
<budget type="1" status="1">
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<value currency="USD" value-date="2024-02-29">7238333.33</value>
</budget>
<budget type="1" status="1">
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<value currency="USD" value-date="2024-03-31">7238333.33</value>
</budget>
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</budget>
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<value currency="USD" value-date="2025-09-30">8248333.33</value>
</budget>
<budget type="1" status="1">
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<value currency="USD" value-date="2025-10-31">8248333.33</value>
</budget>
<budget type="1" status="1">
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<value currency="USD" value-date="2025-11-30">8248333.33</value>
</budget>
<budget type="1" status="1">
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<period-start iso-date="2028-12-01"/>
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<value currency="USD" value-date="2029-01-31">0.00</value>
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<budget type="2" status="1">
<period-start iso-date="2029-03-01"/>
<period-end iso-date="2029-03-31"/>
<value currency="USD" value-date="2029-03-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2029-04-01"/>
<period-end iso-date="2029-04-30"/>
<value currency="USD" value-date="2029-04-30">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2029-05-01"/>
<period-end iso-date="2029-05-31"/>
<value currency="USD" value-date="2029-05-31">0.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2029-06-01"/>
<period-end iso-date="2029-06-30"/>
<value currency="USD" value-date="2029-06-30">0.00</value>
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<budget type="2" status="1">
<period-start iso-date="2028-12-01"/>
<period-end iso-date="2028-12-31"/>
<value currency="USD" value-date="2028-12-31">192945478.94</value>
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<budget type="1" status="1">
<period-start iso-date="2028-12-01"/>
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<value currency="USD" value-date="2028-12-31">192945478.94</value>
</budget>
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<transaction><transaction-type code="5" /><transaction-date iso-date="2023-04-30"/><value value-date="2023-04-30">-507948</value><description xml:lang="en"><narrative>Total Interest Repayment in April Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-47623"><narrative>Ministry of IDPs from the Occupied Territories, Labor, Health and Social Affairs</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-47624"><narrative>Ministry of Education, Science, and Youth</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
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<transaction><transaction-type code="5" /><transaction-date iso-date="2026-04-30"/><value value-date="2026-04-30">-3957123</value><description xml:lang="en"><narrative>Total Interest Repayment in April Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-47623"><narrative>Ministry of IDPs from the Occupied Territories, Labor, Health and Social Affairs</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-47624"><narrative>Ministry of Education, Science, and Youth</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P175455"><title xml:lang="en"><narrative>Contract Awards</narrative></title><category code="A11" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-detail/P175455?lang=en"><title xml:lang="en"><narrative>Project URL</narrative></title><category code="A12" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P175455"><title xml:lang="en"><narrative>Procurement Notices</narrative></title><category code="A10" /></document-link><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of primary care providers implementing the revised primary care benefits package and payment model
</narrative></title>
<baseline year="2021" iso-date="2021-10-27" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-27" />
<period-end iso-date="2028-06-30" />
<target value="95.00">
<comment><narrative>
Delayed. In July 2025, the PHC pilot was launched in 6 out of a total of 209 primary healthcare facilities. These figures do not include PHC rural ambulatory facilities.
</narrative></comment>
</target>
<actual value="2.9">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of primary care providers that are linked to the digital network, including any use of electronic health records and any reported provision of telemedicine consultations, in the past year
</narrative></title>
<baseline year="2021" iso-date="2021-10-27" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-27" />
<period-end iso-date="2026-06-30" />
<target value="95.00">
<comment><narrative>
Early progress has stalled due to delays related to telemedicine services and the enactment of legislation supporting the phased implementation of PHC reform.
</narrative></comment>
</target>
<actual value="79">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Kindergartens in rural or mountainous areas meeting quality standards
</narrative></title>
<baseline year="2022" iso-date="2022-06-30" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-06-30" />
<period-end iso-date="2026-06-30" />
<target value="200.00">
<comment><narrative>
On track. As of 20 October 2025, 125 kindergartens are awaiting the authorization decision by mid-December 2025.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of class-subject using electronic system for recording formative assessment of students
</narrative></title>
<baseline year="2022" iso-date="2022-06-30" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-06-30" />
<period-end iso-date="2028-06-30" />
<target value="50.00">
<comment><narrative>
Target achieved.
</narrative></comment>
</target>
<actual value="89">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of newly listed on-patent medicines for which a managed entry agreement was signed in the past year
</narrative></title>
<baseline year="2021" iso-date="2021-10-27" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-27" />
<period-end iso-date="2028-06-30" />
<target value="50.00">
<comment><narrative>
Annual target achieved for calendar year 2023 but not achieved in 2024 although the MEA contract was signed on January 10, 2025. Based on the official request for approval of adjustments to the verification protocol and procedure for the related DLR (DLR 1.3), the National Health Agency expanded the scope of the Managed Entry Agreement (MEA) mechanism during 2023–2024 to include products covered by various state-funded healthcare programs, not just the Universal Health Care Program. The achievement for 2025 will be reported in first quarter of 2026.
</narrative></comment>
</target>
<actual value="0">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of vacancies filled through the Worknet job-matching portal
</narrative></title>
<baseline year="2021" iso-date="2021-12-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-31" />
<period-end iso-date="2028-06-30" />
<target value="42.00">
<comment><narrative>
The indicator is not being reported yet, as Worknet was launched in March 2026. 

The indicator captures the percentage share of vacancies posted on Worknet in the reporting period that have been filled through recruitment of a Worknet-registered jobseeker (where the worknet-registered jobseeker was registered on Worknet before the date of posting of the vacancy), out of all vacancies posted in the same period. The denominator will include also vacancies that have subsequently been canceled, closed, and/or removed.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
School financial transfer based on revised general education financing model
</narrative></title>
<baseline year="2023" iso-date="2023-07-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-07-01" />
<period-end iso-date="2028-06-30" />
<target value="School financial transfers based on revised general education financing model.">
<comment><narrative>
Delayed. Related reforms have delayed the finalization and adoption of the general education financing model. The model is expected to be adopted by January 2026.
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
National roll out of New admission system for universities
</narrative></title>
<baseline year="2022" iso-date="2022-06-30" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-06-30" />
<period-end iso-date="2028-06-30" />
<target value="National roll-out of admission system">
<comment><narrative>
Delayed. As of 20 October 2025, conceptual framework for the new model has been agreed with MOESY in 2024, but is pending official endorsement.
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of households in the TSA registry whose PMT score is updated at least quarterly
</narrative></title>
<baseline year="2021" iso-date="2021-10-29" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-29" />
<period-end iso-date="2028-06-30" />
<target value="80.00">
<comment><narrative>
Delayed. 

Automated TSA registry has been developed and will be rolled out by the end of 2026
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of newly listed on-patent medicines for which a managed entry agreement was signed in the past year
</narrative></title>
<baseline year="2021" iso-date="2021-10-27" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-27" />
<period-end iso-date="2028-06-30" />
<target value="50.00">
<comment><narrative>
Annual target achieved for calendar year 2025. To date, annual targets were achieved for 2023 and 2025. The 2025 achievement has been verified by SAOG; the corresponding letter from the Ministry of Finance is expected to be sent to the World Bank in early June 2026.
</narrative></comment>
</target>
<actual value="100">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of municipalities/SSA offices that use the automated TSA registry to process TSA applicants registration, beneficiary selection, program enrollment, and payment orders
</narrative></title>
<baseline year="2021" iso-date="2021-10-29" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-29" />
<period-end iso-date="2028-06-30" />
<target value="100.00">
<comment><narrative>
Delayed. 

Automated TSA registry has been developed and will be rolled out by the end of 2026
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Average number of days needed to determine the eligibility status of TSA applicants and submit benefit payment orders
</narrative></title>
<baseline year="2021" iso-date="2021-12-31" value="150.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-31" />
<period-end iso-date="2028-06-30" />
<target value="55.00">
<comment><narrative>
Delayed. Automated TSA registry has been developed and will be rolled out by the end of 2026
</narrative></comment>
</target>
<actual value="125">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of beneficiaries of short term vocational training through SESA, disaggregated by gender and vulnerability status
</narrative></title>
<baseline year="2021" iso-date="2021-12-31" value="2,010.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-31" />
<period-end iso-date="2028-12-31" />
<target value="8,700.00">
<comment><narrative>
On track. 
Provisional value, referring to January 1 - September 30, 2025.
</narrative></comment>
</target>
<actual value="3,504">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of vacancies posted on worknet
</narrative></title>
<baseline year="2021" iso-date="2021-10-29" value="8,321.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-29" />
<period-end iso-date="2028-12-31" />
<target value="50,000.00">
<comment><narrative>
Below target. Provisional value, referring to January 1 - September 30, 2025.
</narrative></comment>
</target>
<actual value="14,611">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of beneficiaries of short term vocational training through SESA, disaggregated by gender and vulnerability status
</narrative></title>
<baseline year="2021" iso-date="2021-12-31" value="2,010.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-31" />
<period-end iso-date="2028-12-31" />
<target value="8,700.00">
<comment><narrative>
On track. 
Provisional value, referring to January 1 - September 30, 2025.
</narrative></comment>
</target>
<actual value="3249">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of beneficiaries of SESA ALMPs
</narrative></title>
<baseline year="2021" iso-date="2021-10-29" value="6,330.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-29" />
<period-end iso-date="2028-12-31" />
<target value="45,000.00">
<comment><narrative>
Below target. Provisional value, referring to January 1 - September 30, 2025.
</narrative></comment>
</target>
<actual value="9721">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
School financial transfer based on revised general education financing model
</narrative></title>
<baseline year="2023" iso-date="2023-07-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-07-01" />
<period-end iso-date="2028-06-30" />
<target value="School financial transfers based on revised general education financing model.">
<comment><narrative>
Delayed, though draft formula is prepared and the first phase of the pilot has been started in 50 schools. Adoption of the model will happen after the finalization of the model.
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of administrative regions with at least one SESA service center adequately staffed and equipped
</narrative></title>
<baseline year="2021" iso-date="2021-12-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-31" />
<period-end iso-date="2028-06-30" />
<target value="11.00">
<comment><narrative>
1 office in 2022 (Tbilisi), 3 offices in 2023 (Kakheti, Samegrelo-Zemo Svaneti and Guria), 3 offices in 2024 (Racha-Lechkhumi and Kvemo-Svaneti, Samtskhe-Javakheti and Zvemo-Kartli). In 2025 2 offices have been staffed (Imereti and Shida-Kartli) and will be verified in May/June 2026.
</narrative></comment>
</target>
<actual value="9">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Adoption of gender responsive curricula in the new secondary education curriculum
</narrative></title>
<baseline year="2021" iso-date="2021-10-27" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-27" />
<period-end iso-date="2028-06-30" />
<target value="Yes">
<comment><narrative>
Delayed. A gender analysis of the third generation curriculum has been completed and its key findings indicate that the curriculum is not gender-sensitive. Consultations with gender specialists were carried out and a gender responsive curricula is being considered in the revision of the fourth generation curricula completed in 2025. However, the new curricula has not been implemented yet.
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of annual out-of-pocket spending on health care that is allocated to medicines
</narrative></title>
<baseline year="2021" iso-date="2021-10-27" value="69.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-27" />
<period-end iso-date="2028-06-30" />
<target value="40.00">
<comment><narrative>
On track. Figure is for year 2024 based on revised methodology used by the World Health Organization and MoILHSA. Please note that baseline and previous actual figures will need to be updated based on the revised methodology. Figures will be available by December 2026.
</narrative></comment>
</target>
<actual value="35">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of class-subject using electronic system for recording formative assessment of students
</narrative></title>
<baseline year="2022" iso-date="2022-06-30" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-06-30" />
<period-end iso-date="2028-06-30" />
<target value="50.00">
<comment><narrative>
Target achieved.
</narrative></comment>
</target>
<actual value="78.15">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Students supported with better education
</narrative></title>
<baseline year="2022" iso-date="2022-06-15" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-06-15" />
<period-end iso-date="1900-01-01"/>
<target value="">
<comment><narrative>
The total number of students in Georgia is 640,700. The national average number of students per school is 266. As of May 2026, 410 schools have benefited from the authorization process and 180 schools from digitalization, hence these are students are being supported with better education. This is approximately 156,940 students (266 x 590).
</narrative></comment>
</target>
<actual value="156,940">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of the population that reports at least one visit to a primary health care facility in the past year
</narrative></title>
<baseline year="2021" iso-date="2021-11-03" value="21.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-11-03" />
<period-end iso-date="2028-06-30" />
<target value="40.00">
<comment><narrative>
On track. Based on 2023 household survey data.
</narrative></comment>
</target>
<actual value="27.30">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Beneficiaries of social safety net programs
</narrative></title>
<baseline year="2022" iso-date="2022-06-15" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-06-15" />
<period-end iso-date="1900-01-01"/>
<target value="">
<comment><narrative>
Number of beneficiaries to be calculated once indicator is defined for this program.
</narrative></comment>
</target>
<actual value="0">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
IRSSP generates reports on benefit coverage of local and central social benefits
</narrative></title>
<baseline year="2021" iso-date="2021-10-29" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-29" />
<period-end iso-date="2028-06-30" />
<target value="Yes">
<comment><narrative>
Delayed and expected by December 2028
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
National average student-teacher ratio in public schools
</narrative></title>
<baseline year="2021" iso-date="2021-06-30" value="9.85"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-06-30" />
<period-end iso-date="2028-06-30" />
<target value="12.00">
<comment><narrative>
Delayed. School networks, which support the consolidation of schools and an increase in the student-teacher ratio, have not yet been implemented.
</narrative></comment>
</target>
<actual value="9.8">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of municipalities/SSA offices that use the automated TSA registry to process TSA applicants registration, beneficiary selection, program enrollment, and payment orders
</narrative></title>
<baseline year="2021" iso-date="2021-10-29" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-29" />
<period-end iso-date="2028-06-30" />
<target value="100.00">
<comment><narrative>
Delayed. 

Automated TSA registry has been developed and will be rolled out by the end of 2026
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
A methodology to identify skills shortage, including in green jobs, and for skills forecasting  is developed and adopted
</narrative></title>
<baseline year="2021" iso-date="2021-10-29" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-29" />
<period-end iso-date="2028-06-30" />
<target value="Yes">
<comment><narrative>
Delayed. The methodology is expected to be piloted in early 2026.
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of university admissions coming from regions with rural population greater than 50%
</narrative></title>
<baseline year="2022" iso-date="2022-06-30" value="10.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-06-30" />
<period-end iso-date="2028-06-30" />
<target value="20.00">
<comment><narrative>
Target Exceeded. This indicator captured the share of persons enrolled in higher education from those regions where over 50% of the population resides in the countryside (includes all regions, except Tbilisi, Imereti and Adjara) of the total number of enrolled persons . In previous years, the Imereti region was included in the calculation because its rural population exceeded 50%. However, since the rural population in Imereti has now fallen below 50%, we no longer include the region in the calculation.
</narrative></comment>
</target>
<actual value="27">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Students supported with better education
</narrative></title>
<baseline year="2022" iso-date="2022-06-15" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-06-15" />
<period-end iso-date="1900-01-01"/>
<target value="">
<comment><narrative>
The total number of students in Georgia is 640,700. The national average number of students per school is 266. Thus far, 300 schools have benefited from the authorization process and thus their students are being supported with better education. This is approximately 80,086 students (266 x 300).
</narrative></comment>
</target>
<actual value="80,086">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Average number of outpatient consultations per person per annum at PHC providers
</narrative></title>
<baseline year="2020" iso-date="2020-12-31" value="3.60"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-12-31" />
<period-end iso-date="2027-06-30" />
<target value="4.00">
<comment><narrative>
Target achieved. The indicator shows the average number of per capita outpatient visits to the primary health care facilities of MoILHSA and private providers. Baseline value refers to year 2020 and current value reported in this ISR refers to updated data for the full year 2024. Data for 2025 will be available after May 2026.
</narrative></comment>
</target>
<actual value="4.3">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of schools that meet minimum quality standards
</narrative></title>
<baseline year="2021" iso-date="2021-10-27" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-27" />
<period-end iso-date="2028-06-30" />
<target value="600.00">
<comment><narrative>
On track. Reported figure includes number of schools which were authorized and positively screened by E&amp;S specialists.
</narrative></comment>
</target>
<actual value="410.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Beneficiaries of social safety net programs
</narrative></title>
<baseline year="2022" iso-date="2022-06-15" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-06-15" />
<period-end iso-date="1900-01-01"/>
<target value="">
<comment><narrative>
Number of beneficiaries to be calculated once indicator is defined for this program.
</narrative></comment>
</target>
<actual value="263571">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of the population that reports at least one visit to a primary health care facility in the past year
</narrative></title>
<baseline year="2021" iso-date="2021-11-03" value="21.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-11-03" />
<period-end iso-date="2028-06-30" />
<target value="40.00">
<comment><narrative>
On track. Based on 2023 household health utilization and expenditure survey data conducted in July 2023.
</narrative></comment>
</target>
<actual value="27.30">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of households in the TSA registry that have been screened for eligibility using the revised PMT formula agreed with the World Bank
</narrative></title>
<baseline year="2021" iso-date="2021-10-29" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-29" />
<period-end iso-date="2028-06-30" />
<target value="100.00">
<comment><narrative>
Delayed. Formula not in place yet.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Reduction in the rural urban gap in UNE scores
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="14.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2028-06-30" />
<target value="10.00">
<comment><narrative>
Target achieved. This indicator measures the reduction in the rural-urban gap in UNE scores for foreign languages, science, and mathematics, based on municipality-level data. The 2019 baseline absolute gap was 13 score points (urban: 43, rural: 30). The current value of 9 (2024), with absolute values of 37 for urban and 28 for rural areas, confirms the closing target of 10 has been reached ahead of project closing. MOESY has additionally developed a complementary individual-level weighted methodology — aligned with the DLR 2.1.3 verification framework — which confirms a sustained reduction in the rural-urban gap.
</narrative></comment>
</target>
<actual value="9.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of beneficiaries who receive individualized employment assistance/counseling from SESA through the new employment model, disaggregated by gender and vulnerability status
</narrative></title>
<baseline year="2021" iso-date="2021-12-31" value="2,444.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-31" />
<period-end iso-date="2028-12-31" />
<target value="40,215.00">
<comment><narrative>
On track. Provisional value, referring to January 1 - September 30, 2025.
</narrative></comment>
</target>
<actual value="8263">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of rural jobseekers receiving consultations, profiling and registration through SESA mobile teams
</narrative></title>
<baseline year="2021" iso-date="2021-10-29" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-29" />
<period-end iso-date="2028-12-31" />
<target value="20,000.00">
<comment><narrative>
Below target. Provisional value, referring to January 1 - September 30, 2025.
</narrative></comment>
</target>
<actual value="4,657">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
The new Worknet is launched and operational
</narrative></title>
<baseline year="2021" iso-date="2021-10-29" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-29" />
<period-end iso-date="2028-06-30" />
<target value="Yes">
<comment><narrative>
Launched in March 2026.
</narrative></comment>
</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of vacancies posted on the revised Worknet job matching portal
</narrative></title>
<baseline year="2022" iso-date="2022-02-07" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-02-07" />
<period-end iso-date="2028-06-30" />
<target value="50,000.00">
<comment><narrative>
Delayed and pending launch of Worknet portal. 
Expected January 2026.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of TSA applications that are submitted electronically through an online intake system
</narrative></title>
<baseline year="2021" iso-date="2021-10-29" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-29" />
<period-end iso-date="2028-06-30" />
<target value="30.00">
<comment><narrative>
Delayed. The online application system is not yet launched.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
A methodology to identify skills shortage, including in green jobs, and for skills forecasting  is developed and adopted
</narrative></title>
<baseline year="2021" iso-date="2021-10-29" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-29" />
<period-end iso-date="2028-06-30" />
<target value="Yes">
<comment><narrative>
Delayed. The methodology is expected to be piloted in early 2026.
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of administrative regions with at least one SESA service center adequately staffed and equipped
</narrative></title>
<baseline year="2021" iso-date="2021-12-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-31" />
<period-end iso-date="2028-06-30" />
<target value="11.00">
<comment><narrative>
1 office in 2022 (Tbilisi), 3 offices in 2023 (Kakheti, Samegrelo-Zemo Svaneti and Guria), 3 offices in 2024 (Racha-Lechkhumi and Kvemo-Svaneti, Samtskhe-Javakheti and Zvemo-Kartli). In 2025 2 offices have been staffed (Imereti and Shida-Kartli) and will be verified in May/June 2026.
</narrative></comment>
</target>
<actual value="10">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
The new Worknet is launched and operational
</narrative></title>
<baseline year="2021" iso-date="2021-10-29" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-29" />
<period-end iso-date="2028-06-30" />
<target value="Yes">
<comment><narrative>
Delayed. Expected January 2026.
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of beneficiaries of SESA ALMPs
</narrative></title>
<baseline year="2021" iso-date="2021-10-29" value="6,330.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-29" />
<period-end iso-date="2028-12-31" />
<target value="45,000.00">
<comment><narrative>
Below target. Provisional value, referring to January 1 - September 30, 2025.
</narrative></comment>
</target>
<actual value="14,258">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Average number of days needed to determine the eligibility status of TSA applicants and submit benefit payment orders
</narrative></title>
<baseline year="2021" iso-date="2021-12-31" value="150.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-31" />
<period-end iso-date="2028-06-30" />
<target value="55.00">
<comment><narrative>
Delayed. Automated TSA registry has been developed and will be rolled out by the end of 2026
</narrative></comment>
</target>
<actual value="125">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
On a yearly basis SESA conducts workshops with relevant stakeholders to discuss and update the action plan developed by SESA to address feedback received from beneficiaries of SESA services and progr
</narrative></title>
<baseline year="2021" iso-date="2021-12-31" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-31" />
<period-end iso-date="2028-06-30" />
<target value="Yes">

</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
SESA publishes annual reports summarizing the feedback received from Worknet registered users' and ALMP beneficiaries on services provided by SESA and on actions taken to address the feedback
</narrative></title>
<baseline year="2021" iso-date="2021-12-31" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-31" />
<period-end iso-date="2028-06-30" />
<target value="Yes">

</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of households in the TSA registry whose PMT score is updated at least quarterly
</narrative></title>
<baseline year="2021" iso-date="2021-10-29" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-29" />
<period-end iso-date="2028-06-30" />
<target value="80.00">
<comment><narrative>
Delayed. 

Automated TSA registry has been developed and will be rolled out by the end of 2026
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of SESA beneficiaries who find a job through SESA services and programs
</narrative></title>
<baseline year="2021" iso-date="2021-12-31" value="2,480.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-31" />
<period-end iso-date="2028-12-31" />
<target value="12,500.00">
<comment><narrative>
On track. 

The indicator's measurement needs to be updated to ensure compatibility with corporate indicator's definition
</narrative></comment>
</target>
<actual value="6,054">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
National roll out of New admission system for universities
</narrative></title>
<baseline year="2022" iso-date="2022-06-30" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-06-30" />
<period-end iso-date="2028-06-30" />
<target value="National roll-out of admission system">
<comment><narrative>
Delayed. Indicator will be dropped through the restructuring as the DLR on university admissions reform is being cancelled.
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of employers registered in Worknet
</narrative></title>
<baseline year="2021" iso-date="2021-10-29" value="702.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-29" />
<period-end iso-date="2028-06-30" />
<target value="4,000.00">
<comment><narrative>
Data as of 31 December 2024. Updated value to be provided, pending clarification
</narrative></comment>
</target>
<actual value="925">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
IRSSP generates reports on benefit coverage of local and central social benefits
</narrative></title>
<baseline year="2021" iso-date="2021-10-29" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-29" />
<period-end iso-date="2028-06-30" />
<target value="Yes">
<comment><narrative>
Delayed and expected by December 2028
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of female enrollment in IT related courses under new Upper Secondary curriculum
</narrative></title>
<baseline year="2021" iso-date="2021-10-27" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-27" />
<period-end iso-date="2028-06-30" />
<target value="30.00">
<comment><narrative>
Achieved. The indicator measures the number of female students enrolled in IT related courses under the new curriculum over the total number of students enrolled in IT related courses under the new curriculum (all schools). 46% of female students are enrolled in IT related courses in upper secondary under the existing curriculum.
</narrative></comment>
</target>
<actual value="46.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of TSA applications that are submitted electronically through an online intake system
</narrative></title>
<baseline year="2021" iso-date="2021-10-29" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-29" />
<period-end iso-date="2028-06-30" />
<target value="30.00">
<comment><narrative>
Delayed. The online application system is not yet launched.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of employers registered in Worknet
</narrative></title>
<baseline year="2021" iso-date="2021-10-29" value="702.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-29" />
<period-end iso-date="2028-06-30" />
<target value="4,000.00">
<comment><narrative>
Data as of 31 December 2024. Updated value to be provided, pending clarification
</narrative></comment>
</target>
<actual value="925">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of SESA beneficiaries who find a job through SESA services and programs
</narrative></title>
<baseline year="2021" iso-date="2021-12-31" value="2,480.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-31" />
<period-end iso-date="2028-12-31" />
<target value="12,500.00">
<comment><narrative>
On track. 

The indicator's measurement needs to be updated to ensure compatibility with corporate indicator's definition
</narrative></comment>
</target>
<actual value="6133">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of schools with at least 170 students in satisfactory implementation of school digital education action plans
</narrative></title>
<baseline year="2022" iso-date="2022-06-30" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-06-30" />
<period-end iso-date="2028-06-30" />
<target value="90.00">
<comment><narrative>
Delayed. As of February 2025, MOESY reports that out of 763 schools, 743 schools adopted their school digital action plan and 8 schools have reached the threshold for 75% in the infrastructure module (based on digital self evaluation made in 2022). New digital self evaluation was not carried out in December 2024. As a result of the transition to the new digital self-assessment platform (SELFIE), schools are currently conducting digital self-assessments and are expected to complete this process by mid-December.
</narrative></comment>
</target>
<actual value="1.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Adoption of regulation specifying the institutional arrangements for DRG implementation
</narrative></title>
<baseline year="2021" iso-date="2021-10-27" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-27" />
<period-end iso-date="2028-06-30" />
<target value="Yes">
<comment><narrative>
Target achieved. The regulation has been approved: GoG Decree N507 26.10.2022. The Diagnosis Related Groups (DRG) system has been expanded from 70 percent in 2022 to at least 80 percent of all health services in 2023
</narrative></comment>
</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
On a yearly basis SESA conducts workshops with relevant stakeholders to discuss and update the action plan developed by SESA to address feedback received from beneficiaries of SESA services and progr
</narrative></title>
<baseline year="2021" iso-date="2021-12-31" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-31" />
<period-end iso-date="2028-06-30" />
<target value="Yes">

</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of primary care providers that are linked to the digital network, including any use of electronic health records and any reported provision of telemedicine consultations, in the past year
</narrative></title>
<baseline year="2021" iso-date="2021-10-27" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-27" />
<period-end iso-date="2026-06-30" />
<target value="95.00">
<comment><narrative>
Early progress has stalled due to delays related to telemedicine services and the enactment of legislation supporting the phased implementation of PHC reform.
</narrative></comment>
</target>
<actual value="79">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of schools with at least 170 students in satisfactory implementation of school digital education action plans
</narrative></title>
<baseline year="2022" iso-date="2022-06-30" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-06-30" />
<period-end iso-date="2028-06-30" />
<target value="90.00">
<comment><narrative>
Delayed. The digital self-evaluation planned for December 2024 was delayed due to the transition to the new SELFIE platform, completing only recently. Of 763 originally identified schools, 587 completed the full SELFIE cycle. The DLR requires at least 90% of eligible schools to independently achieve a 75% threshold score in the infrastructure module; currently only approximately 38% of schools have met this mark, representing a significant gap. Next assessment round planned for early fall 2026.
</narrative></comment>
</target>
<actual value="38.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Average number of outpatient consultations per person per annum at PHC providers
</narrative></title>
<baseline year="2020" iso-date="2020-12-31" value="3.60"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-12-31" />
<period-end iso-date="2027-06-30" />
<target value="4.00">
<comment><narrative>
Target achieved. The indicator shows the average number of per capita outpatient visits to the primary health care facilities of MoILHSA and private providers. Baseline value refers to year 2020 and current value reported in this ISR refers to updated data for the full year 2024. Data for 2025 will be available after May 2026.
</narrative></comment>
</target>
<actual value="4.3">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of primary care providers implementing the revised primary care benefits package and payment model
</narrative></title>
<baseline year="2021" iso-date="2021-10-27" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-27" />
<period-end iso-date="2028-06-30" />
<target value="95.00">
<comment><narrative>
Government decided to implement the PHC reforms using a more gradual, phased approach. In July 2025, the PHC pilot was launched in 6 out of a total of 209 primary healthcare facilities. These figures do not include PHC rural ambulatory facilities. As of May 1, 2026, additional 43 primary healthcare facilities have begun implementing the new Basic Benefit Package and joined the revised payment model, which includes increased capitation rates and results-based financing.
</narrative></comment>
</target>
<actual value="3.9">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of female enrollment in IT related courses under new Upper Secondary curriculum
</narrative></title>
<baseline year="2021" iso-date="2021-10-27" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-27" />
<period-end iso-date="2028-06-30" />
<target value="30.00">
<comment><narrative>
Delayed. As of October 20 2025, schools were not yet operating under the new fourth generation curriculum. The indicator measures the number of female students enrolled in IT related courses under the new curriculum over the total number of students enrolled in IT related courses under the new curriculum (all schools). 50.7% of female students are enrolled in IT related courses in upper secondary under the existing curriculum.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of households in the TSA registry that have been screened for eligibility using the revised PMT formula agreed with the World Bank
</narrative></title>
<baseline year="2021" iso-date="2021-10-29" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-29" />
<period-end iso-date="2028-06-30" />
<target value="100.00">
<comment><narrative>
Delayed. Formula not in place yet.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Reduction in the rural urban gap in UNE scores
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="14.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2028-06-30" />
<target value="10.00">
<comment><narrative>
Target achieved. This indicator measures the reduction in rural-urban gap in Unified National Examinations (UNE) scores for foreign languages, science, and mathematics. Rural refers to 31 municipalities with 75% of more rural population and urban refers to 15 municipalities with 0% rural population (population data reported from 2021 Geostat). In February 2024, NAEC reported baseline (2019) absolute values were 43 and 30 for urban and rural areas (difference of 13 percentage points) (correction from previous value which was reported as 14 percentage points). Other updated values: 9 in 2020, 8 in 2021, 10 in 2022, 9 in 2023, 9 in 2024. Current value reported in this ISR refers to year 2024, absolute values were 37 and 28 for urban and rural areas. MOESY has presented a complementary methodology to measure the rural-urban gap in UNE scores after a new data sharing agreement between NAEC and EMIS has made possible the identification of rural status to individual level data.
</narrative></comment>
</target>
<actual value="9.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
School financial transfer based on revised general education financing model
</narrative></title>
<baseline year="2023" iso-date="2023-07-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-07-01" />
<period-end iso-date="2028-06-30" />
<target value="School financial transfers based on revised general education financing model.">
<comment><narrative>
Delayed, though draft formula is prepared and the first phase of the pilot has been started in 50 schools. Adoption of the model will happen after the finalization of the model.
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
School financial transfer based on revised general education financing model
</narrative></title>
<baseline year="2023" iso-date="2023-07-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-07-01" />
<period-end iso-date="2028-06-30" />
<target value="School financial transfers based on revised general education financing model.">
<comment><narrative>
Delayed. Related reforms have delayed the finalization and adoption of the general education financing model. The model is expected to be adopted by January 2026.
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of SESA beneficiaries who find a job through SESA services and programs
</narrative></title>
<baseline year="2021" iso-date="2021-12-31" value="2,480.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-31" />
<period-end iso-date="2028-12-31" />
<target value="12,500.00">
<comment><narrative>
On track. 

The indicator's measurement needs to be updated to ensure compatibility with corporate indicator's definition
</narrative></comment>
</target>
<actual value="6,054">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of SESA beneficiaries who find a job through SESA services and programs
</narrative></title>
<baseline year="2021" iso-date="2021-12-31" value="2,480.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-31" />
<period-end iso-date="2028-12-31" />
<target value="12,500.00">
<comment><narrative>
On track. 

The indicator's measurement needs to be updated to ensure compatibility with corporate indicator's definition
</narrative></comment>
</target>
<actual value="6133">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of the population that reports at least one visit to a primary health care facility in the past year
</narrative></title>
<baseline year="2021" iso-date="2021-11-03" value="21.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-11-03" />
<period-end iso-date="2028-06-30" />
<target value="40.00">
<comment><narrative>
On track. Based on 2023 household health utilization and expenditure survey data conducted in July 2023.
</narrative></comment>
</target>
<actual value="27.30">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of the population that reports at least one visit to a primary health care facility in the past year
</narrative></title>
<baseline year="2021" iso-date="2021-11-03" value="21.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-11-03" />
<period-end iso-date="2028-06-30" />
<target value="40.00">
<comment><narrative>
On track. Based on 2023 household survey data.
</narrative></comment>
</target>
<actual value="27.30">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of beneficiaries of short term vocational training through SESA, disaggregated by gender and vulnerability status
</narrative></title>
<baseline year="2021" iso-date="2021-12-31" value="2,010.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-31" />
<period-end iso-date="2028-12-31" />
<target value="8,700.00">
<comment><narrative>
On track. 
Provisional value, referring to January 1 - September 30, 2025.
</narrative></comment>
</target>
<actual value="3,504">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of beneficiaries of short term vocational training through SESA, disaggregated by gender and vulnerability status
</narrative></title>
<baseline year="2021" iso-date="2021-12-31" value="2,010.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-31" />
<period-end iso-date="2028-12-31" />
<target value="8,700.00">
<comment><narrative>
On track. 
Provisional value, referring to January 1 - September 30, 2025.
</narrative></comment>
</target>
<actual value="3249">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of beneficiaries who receive individualized employment assistance/counseling from SESA through the new employment model, disaggregated by gender and vulnerability status
</narrative></title>
<baseline year="2021" iso-date="2021-12-31" value="2,444.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-31" />
<period-end iso-date="2028-12-31" />
<target value="40,215.00">
<comment><narrative>
On track. Provisional value, referring to January 1 - September 30, 2025.
</narrative></comment>
</target>
<actual value="13,260">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of beneficiaries who receive individualized employment assistance/counseling from SESA through the new employment model, disaggregated by gender and vulnerability status
</narrative></title>
<baseline year="2021" iso-date="2021-12-31" value="2,444.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-31" />
<period-end iso-date="2028-12-31" />
<target value="40,215.00">
<comment><narrative>
On track. Provisional value, referring to January 1 - September 30, 2025.
</narrative></comment>
</target>
<actual value="8263">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
A methodology to identify skills shortage, including in green jobs, and for skills forecasting  is developed and adopted
</narrative></title>
<baseline year="2021" iso-date="2021-10-29" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-29" />
<period-end iso-date="2028-06-30" />
<target value="Yes">
<comment><narrative>
Delayed. The methodology is expected to be piloted in early 2026.
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
A methodology to identify skills shortage, including in green jobs, and for skills forecasting  is developed and adopted
</narrative></title>
<baseline year="2021" iso-date="2021-10-29" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-29" />
<period-end iso-date="2028-06-30" />
<target value="Yes">
<comment><narrative>
Delayed. The methodology is expected to be piloted in early 2026.
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of beneficiaries of SESA ALMPs
</narrative></title>
<baseline year="2021" iso-date="2021-10-29" value="6,330.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-29" />
<period-end iso-date="2028-12-31" />
<target value="45,000.00">
<comment><narrative>
Below target. Provisional value, referring to January 1 - September 30, 2025.
</narrative></comment>
</target>
<actual value="14,258">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of beneficiaries of SESA ALMPs
</narrative></title>
<baseline year="2021" iso-date="2021-10-29" value="6,330.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-29" />
<period-end iso-date="2028-12-31" />
<target value="45,000.00">
<comment><narrative>
Below target. Provisional value, referring to January 1 - September 30, 2025.
</narrative></comment>
</target>
<actual value="9721">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of vacancies posted on worknet
</narrative></title>
<baseline year="2021" iso-date="2021-10-29" value="8,321.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-29" />
<period-end iso-date="2028-12-31" />
<target value="50,000.00">
<comment><narrative>
Below target. Provisional value, referring to January 1 - September 30, 2025.
</narrative></comment>
</target>
<actual value="14,611">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of vacancies posted on worknet
</narrative></title>
<baseline year="2021" iso-date="2021-10-29" value="8,321.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-29" />
<period-end iso-date="2028-12-31" />
<target value="50,000.00">
<comment><narrative>
Below target. Provisional value, referring to January 1 - September 30, 2025.
</narrative></comment>
</target>
<actual value="8837">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of rural jobseekers receiving consultations, profiling and registration through SESA mobile teams
</narrative></title>
<baseline year="2021" iso-date="2021-10-29" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-29" />
<period-end iso-date="2028-12-31" />
<target value="20,000.00">
<comment><narrative>
Below target. Provisional value, referring to January 1 - September 30, 2025.
</narrative></comment>
</target>
<actual value="4,657">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of rural jobseekers receiving consultations, profiling and registration through SESA mobile teams
</narrative></title>
<baseline year="2021" iso-date="2021-10-29" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-29" />
<period-end iso-date="2028-12-31" />
<target value="20,000.00">
<comment><narrative>
Below target. Provisional value, referring to January 1 - September 30, 2025.
</narrative></comment>
</target>
<actual value="1539">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of employers registered in Worknet
</narrative></title>
<baseline year="2021" iso-date="2021-10-29" value="702.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-29" />
<period-end iso-date="2028-06-30" />
<target value="4,000.00">
<comment><narrative>
Data as of 31 December 2024. Updated value to be provided, pending clarification
</narrative></comment>
</target>
<actual value="925">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of employers registered in Worknet
</narrative></title>
<baseline year="2021" iso-date="2021-10-29" value="702.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-29" />
<period-end iso-date="2028-06-30" />
<target value="4,000.00">
<comment><narrative>
Data as of 31 December 2024. Updated value to be provided, pending clarification
</narrative></comment>
</target>
<actual value="925">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Average number of days needed to determine the eligibility status of TSA applicants and submit benefit payment orders
</narrative></title>
<baseline year="2021" iso-date="2021-12-31" value="150.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-31" />
<period-end iso-date="2028-06-30" />
<target value="55.00">
<comment><narrative>
Delayed. Automated TSA registry has been developed and will be rolled out by the end of 2026
</narrative></comment>
</target>
<actual value="125">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Average number of days needed to determine the eligibility status of TSA applicants and submit benefit payment orders
</narrative></title>
<baseline year="2021" iso-date="2021-12-31" value="150.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-31" />
<period-end iso-date="2028-06-30" />
<target value="55.00">
<comment><narrative>
Delayed. Automated TSA registry has been developed and will be rolled out by the end of 2026
</narrative></comment>
</target>
<actual value="125">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of administrative regions with at least one SESA service center adequately staffed and equipped
</narrative></title>
<baseline year="2021" iso-date="2021-12-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-31" />
<period-end iso-date="2028-06-30" />
<target value="11.00">
<comment><narrative>
1 office in 2022 (Tbilisi), 3 offices in 2023 (Kakheti, Samegrelo-Zemo Svaneti and Guria), 3 offices in 2024 (Racha-Lechkhumi and Kvemo-Svaneti, Samtskhe-Javakheti and Zvemo-Kartli). In 2025 2 offices have been staffed (Imereti and Shida-Kartli) and will be verified in May/June 2026.
</narrative></comment>
</target>
<actual value="10">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of administrative regions with at least one SESA service center adequately staffed and equipped
</narrative></title>
<baseline year="2021" iso-date="2021-12-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-31" />
<period-end iso-date="2028-06-30" />
<target value="11.00">
<comment><narrative>
1 office in 2022 (Tbilisi), 3 offices in 2023 (Kakheti, Samegrelo-Zemo Svaneti and Guria), 3 offices in 2024 (Racha-Lechkhumi and Kvemo-Svaneti, Samtskhe-Javakheti and Zvemo-Kartli). In 2025 2 offices have been staffed (Imereti and Shida-Kartli) and will be verified in May/June 2026.
</narrative></comment>
</target>
<actual value="9">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of households in the TSA registry whose PMT score is updated at least quarterly
</narrative></title>
<baseline year="2021" iso-date="2021-10-29" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-29" />
<period-end iso-date="2028-06-30" />
<target value="80.00">
<comment><narrative>
Delayed. 

Automated TSA registry has been developed and will be rolled out by the end of 2026
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of households in the TSA registry whose PMT score is updated at least quarterly
</narrative></title>
<baseline year="2021" iso-date="2021-10-29" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-29" />
<period-end iso-date="2028-06-30" />
<target value="80.00">
<comment><narrative>
Delayed. 

Automated TSA registry has been developed and will be rolled out by the end of 2026
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of newly listed on-patent medicines for which a managed entry agreement was signed in the past year
</narrative></title>
<baseline year="2021" iso-date="2021-10-27" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-27" />
<period-end iso-date="2028-06-30" />
<target value="50.00">
<comment><narrative>
Annual target achieved for calendar year 2025. To date, annual targets were achieved for 2023 and 2025. The 2025 achievement has been verified by SAOG; the corresponding letter from the Ministry of Finance is expected to be sent to the World Bank in early June 2026.
</narrative></comment>
</target>
<actual value="100">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of newly listed on-patent medicines for which a managed entry agreement was signed in the past year
</narrative></title>
<baseline year="2021" iso-date="2021-10-27" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-27" />
<period-end iso-date="2028-06-30" />
<target value="50.00">
<comment><narrative>
Annual target achieved for calendar year 2023 but not achieved in 2024 although the MEA contract was signed on January 10, 2025. Based on the official request for approval of adjustments to the verification protocol and procedure for the related DLR (DLR 1.3), the National Health Agency expanded the scope of the Managed Entry Agreement (MEA) mechanism during 2023–2024 to include products covered by various state-funded healthcare programs, not just the Universal Health Care Program. The achievement for 2025 will be reported in first quarter of 2026.
</narrative></comment>
</target>
<actual value="0">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
SESA publishes annual reports summarizing the feedback received from Worknet registered users' and ALMP beneficiaries on services provided by SESA and on actions taken to address the feedback
</narrative></title>
<baseline year="2021" iso-date="2021-12-31" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-31" />
<period-end iso-date="2028-06-30" />
<target value="Yes">

</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
SESA publishes annual reports summarizing the feedback received from Worknet registered users' and ALMP beneficiaries on services provided by SESA and on actions taken to address the feedback
</narrative></title>
<baseline year="2021" iso-date="2021-12-31" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-31" />
<period-end iso-date="2028-06-30" />
<target value="Yes">

</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of households in the TSA registry that have been screened for eligibility using the revised PMT formula agreed with the World Bank
</narrative></title>
<baseline year="2021" iso-date="2021-10-29" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-29" />
<period-end iso-date="2028-06-30" />
<target value="100.00">
<comment><narrative>
Delayed. Formula not in place yet.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of households in the TSA registry that have been screened for eligibility using the revised PMT formula agreed with the World Bank
</narrative></title>
<baseline year="2021" iso-date="2021-10-29" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-29" />
<period-end iso-date="2028-06-30" />
<target value="100.00">
<comment><narrative>
Delayed. Formula not in place yet.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of primary care providers implementing the revised primary care benefits package and payment model
</narrative></title>
<baseline year="2021" iso-date="2021-10-27" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-27" />
<period-end iso-date="2028-06-30" />
<target value="95.00">
<comment><narrative>
Government decided to implement the PHC reforms using a more gradual, phased approach. In July 2025, the PHC pilot was launched in 6 out of a total of 209 primary healthcare facilities. These figures do not include PHC rural ambulatory facilities. As of May 1, 2026, additional 43 primary healthcare facilities have begun implementing the new Basic Benefit Package and joined the revised payment model, which includes increased capitation rates and results-based financing.
</narrative></comment>
</target>
<actual value="3.9">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of primary care providers implementing the revised primary care benefits package and payment model
</narrative></title>
<baseline year="2021" iso-date="2021-10-27" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-27" />
<period-end iso-date="2028-06-30" />
<target value="95.00">
<comment><narrative>
Delayed. In July 2025, the PHC pilot was launched in 6 out of a total of 209 primary healthcare facilities. These figures do not include PHC rural ambulatory facilities.
</narrative></comment>
</target>
<actual value="2.9">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
On a yearly basis SESA conducts workshops with relevant stakeholders to discuss and update the action plan developed by SESA to address feedback received from beneficiaries of SESA services and progr
</narrative></title>
<baseline year="2021" iso-date="2021-12-31" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-31" />
<period-end iso-date="2028-06-30" />
<target value="Yes">

</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
On a yearly basis SESA conducts workshops with relevant stakeholders to discuss and update the action plan developed by SESA to address feedback received from beneficiaries of SESA services and progr
</narrative></title>
<baseline year="2021" iso-date="2021-12-31" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-31" />
<period-end iso-date="2028-06-30" />
<target value="Yes">

</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of TSA applications that are submitted electronically through an online intake system
</narrative></title>
<baseline year="2021" iso-date="2021-10-29" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-29" />
<period-end iso-date="2028-06-30" />
<target value="30.00">
<comment><narrative>
Delayed. The online application system is not yet launched.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of TSA applications that are submitted electronically through an online intake system
</narrative></title>
<baseline year="2021" iso-date="2021-10-29" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-29" />
<period-end iso-date="2028-06-30" />
<target value="30.00">
<comment><narrative>
Delayed. The online application system is not yet launched.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
IRSSP generates reports on benefit coverage of local and central social benefits
</narrative></title>
<baseline year="2021" iso-date="2021-10-29" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-29" />
<period-end iso-date="2028-06-30" />
<target value="Yes">
<comment><narrative>
Delayed and expected by December 2028
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
IRSSP generates reports on benefit coverage of local and central social benefits
</narrative></title>
<baseline year="2021" iso-date="2021-10-29" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-29" />
<period-end iso-date="2028-06-30" />
<target value="Yes">
<comment><narrative>
Delayed and expected by December 2028
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of municipalities/SSA offices that use the automated TSA registry to process TSA applicants registration, beneficiary selection, program enrollment, and payment orders
</narrative></title>
<baseline year="2021" iso-date="2021-10-29" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-29" />
<period-end iso-date="2028-06-30" />
<target value="100.00">
<comment><narrative>
Delayed. 

Automated TSA registry has been developed and will be rolled out by the end of 2026
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of municipalities/SSA offices that use the automated TSA registry to process TSA applicants registration, beneficiary selection, program enrollment, and payment orders
</narrative></title>
<baseline year="2021" iso-date="2021-10-29" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-29" />
<period-end iso-date="2028-06-30" />
<target value="100.00">
<comment><narrative>
Delayed. 

Automated TSA registry has been developed and will be rolled out by the end of 2026
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Kindergartens in rural or mountainous areas meeting quality standards
</narrative></title>
<baseline year="2022" iso-date="2022-06-30" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-06-30" />
<period-end iso-date="2026-06-30" />
<target value="200.00">
<comment><narrative>
On track. As of May 2026, 138 kindergartens are authorized.
</narrative></comment>
</target>
<actual value="138.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Kindergartens in rural or mountainous areas meeting quality standards
</narrative></title>
<baseline year="2022" iso-date="2022-06-30" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-06-30" />
<period-end iso-date="2026-06-30" />
<target value="200.00">
<comment><narrative>
On track. As of 20 October 2025, 125 kindergartens are awaiting the authorization decision by mid-December 2025.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Adoption of regulation specifying the institutional arrangements for DRG implementation
</narrative></title>
<baseline year="2021" iso-date="2021-10-27" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-27" />
<period-end iso-date="2028-06-30" />
<target value="Yes">
<comment><narrative>
Target achieved. The regulation has been approved: GoG Decree N507 26.10.2022. The Diagnosis Related Groups (DRG) system has been expanded from 70 percent in 2022 to at least 80 percent of all health services in 2023. The DRG system is continuously updated, encompassing analysis of grouping logic, rates, and DRG codes generated from clinician-uploaded diagnoses and interventions. Data analysis and weighting of DRG codes are performed on an ongoing basis as needed. The maximum upper limit for co-payments has also been established. Additionally, revisions to the DRGs related to the perinatal services and congenital heart defects have been incorporated into the system.
</narrative></comment>
</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Adoption of regulation specifying the institutional arrangements for DRG implementation
</narrative></title>
<baseline year="2021" iso-date="2021-10-27" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-27" />
<period-end iso-date="2028-06-30" />
<target value="Yes">
<comment><narrative>
Target achieved. The regulation has been approved: GoG Decree N507 26.10.2022. The Diagnosis Related Groups (DRG) system has been expanded from 70 percent in 2022 to at least 80 percent of all health services in 2023
</narrative></comment>
</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of university admissions coming from regions with rural population greater than 50%
</narrative></title>
<baseline year="2022" iso-date="2022-06-30" value="10.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-06-30" />
<period-end iso-date="2028-06-30" />
<target value="20.00">
<comment><narrative>
Target Exceeded. This indicator captured the share of persons enrolled in higher education from those regions where over 50% of the population resides in the countryside (includes all regions, except Tbilisi, Imereti and Adjara) of the total number of enrolled persons . In previous years, the Imereti region was included in the calculation because its rural population exceeded 50%. However, since the rural population in Imereti has now fallen below 50%, we no longer include the region in the calculation.
</narrative></comment>
</target>
<actual value="27">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of university admissions coming from regions with rural population greater than 50%
</narrative></title>
<baseline year="2022" iso-date="2022-06-30" value="10.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-06-30" />
<period-end iso-date="2028-06-30" />
<target value="20.00">
<comment><narrative>
Target Exceeded. This indicator captured the share of persons enrolled in higher education from those regions where over 50% of the population resides in the countryside (includes all regions, except Tbilisi, Imereti and Adjara) of the total number of enrolled persons . In previous years, the Imereti region was included in the calculation because its rural population exceeded 50%. However, since the rural population in Imereti has now fallen below 50%, we no longer include the region in the calculation.
</narrative></comment>
</target>
<actual value="30.9">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of vacancies posted on the revised Worknet job matching portal
</narrative></title>
<baseline year="2022" iso-date="2022-02-07" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-02-07" />
<period-end iso-date="2028-06-30" />
<target value="50,000.00">
<comment><narrative>
Data not provided yet
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of vacancies posted on the revised Worknet job matching portal
</narrative></title>
<baseline year="2022" iso-date="2022-02-07" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-02-07" />
<period-end iso-date="2028-06-30" />
<target value="50,000.00">
<comment><narrative>
Delayed and pending launch of Worknet portal. 
Expected January 2026.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
National roll out of New admission system for universities
</narrative></title>
<baseline year="2022" iso-date="2022-06-30" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-06-30" />
<period-end iso-date="2028-06-30" />
<target value="National roll-out of admission system">
<comment><narrative>
Delayed. Indicator will be dropped through the restructuring as the DLR on university admissions reform is being cancelled.
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
National roll out of New admission system for universities
</narrative></title>
<baseline year="2022" iso-date="2022-06-30" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-06-30" />
<period-end iso-date="2028-06-30" />
<target value="National roll-out of admission system">
<comment><narrative>
Delayed. As of 20 October 2025, conceptual framework for the new model has been agreed with MOESY in 2024, but is pending official endorsement.
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
The new Worknet is launched and operational
</narrative></title>
<baseline year="2021" iso-date="2021-10-29" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-29" />
<period-end iso-date="2028-06-30" />
<target value="Yes">
<comment><narrative>
Launched in March 2026.
</narrative></comment>
</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
The new Worknet is launched and operational
</narrative></title>
<baseline year="2021" iso-date="2021-10-29" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-29" />
<period-end iso-date="2028-06-30" />
<target value="Yes">
<comment><narrative>
Delayed. Expected January 2026.
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of primary care providers that are linked to the digital network, including any use of electronic health records and any reported provision of telemedicine consultations, in the past year
</narrative></title>
<baseline year="2021" iso-date="2021-10-27" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-27" />
<period-end iso-date="2026-06-30" />
<target value="95.00">
<comment><narrative>
Early progress has stalled due to delays related to telemedicine services and the enactment of legislation supporting the phased implementation of PHC reform.
</narrative></comment>
</target>
<actual value="79">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of primary care providers that are linked to the digital network, including any use of electronic health records and any reported provision of telemedicine consultations, in the past year
</narrative></title>
<baseline year="2021" iso-date="2021-10-27" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-27" />
<period-end iso-date="2026-06-30" />
<target value="95.00">
<comment><narrative>
Early progress has stalled due to delays related to telemedicine services and the enactment of legislation supporting the phased implementation of PHC reform.
</narrative></comment>
</target>
<actual value="79">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of female enrollment in IT related courses under new Upper Secondary curriculum
</narrative></title>
<baseline year="2021" iso-date="2021-10-27" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-27" />
<period-end iso-date="2028-06-30" />
<target value="30.00">
<comment><narrative>
Achieved. The indicator measures the number of female students enrolled in IT related courses under the new curriculum over the total number of students enrolled in IT related courses under the new curriculum (all schools). 46% of female students are enrolled in IT related courses in upper secondary under the existing curriculum.
</narrative></comment>
</target>
<actual value="46.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of female enrollment in IT related courses under new Upper Secondary curriculum
</narrative></title>
<baseline year="2021" iso-date="2021-10-27" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-27" />
<period-end iso-date="2028-06-30" />
<target value="30.00">
<comment><narrative>
Delayed. As of October 20 2025, schools were not yet operating under the new fourth generation curriculum. The indicator measures the number of female students enrolled in IT related courses under the new curriculum over the total number of students enrolled in IT related courses under the new curriculum (all schools). 50.7% of female students are enrolled in IT related courses in upper secondary under the existing curriculum.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of schools with at least 170 students in satisfactory implementation of school digital education action plans
</narrative></title>
<baseline year="2022" iso-date="2022-06-30" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-06-30" />
<period-end iso-date="2028-06-30" />
<target value="90.00">
<comment><narrative>
Delayed. The digital self-evaluation planned for December 2024 was delayed due to the transition to the new SELFIE platform, completing only recently. Of 763 originally identified schools, 587 completed the full SELFIE cycle. The DLR requires at least 90% of eligible schools to independently achieve a 75% threshold score in the infrastructure module; currently only approximately 38% of schools have met this mark, representing a significant gap. Next assessment round planned for early fall 2026.
</narrative></comment>
</target>
<actual value="38.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of schools with at least 170 students in satisfactory implementation of school digital education action plans
</narrative></title>
<baseline year="2022" iso-date="2022-06-30" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-06-30" />
<period-end iso-date="2028-06-30" />
<target value="90.00">
<comment><narrative>
Delayed. As of February 2025, MOESY reports that out of 763 schools, 743 schools adopted their school digital action plan and 8 schools have reached the threshold for 75% in the infrastructure module (based on digital self evaluation made in 2022). New digital self evaluation was not carried out in December 2024. As a result of the transition to the new digital self-assessment platform (SELFIE), schools are currently conducting digital self-assessments and are expected to complete this process by mid-December.
</narrative></comment>
</target>
<actual value="1.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
National average student-teacher ratio in public schools
</narrative></title>
<baseline year="2021" iso-date="2021-06-30" value="9.85"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-06-30" />
<period-end iso-date="2028-06-30" />
<target value="12.00">
<comment><narrative>
This indicator will be dropped through restructuring given that it is no longer attributable to the Program scope. It was relevant when network reform was in place.
</narrative></comment>
</target>
<actual value="9.8">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
National average student-teacher ratio in public schools
</narrative></title>
<baseline year="2021" iso-date="2021-06-30" value="9.85"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-06-30" />
<period-end iso-date="2028-06-30" />
<target value="12.00">
<comment><narrative>
Delayed. School networks, which support the consolidation of schools and an increase in the student-teacher ratio, have not yet been implemented.
</narrative></comment>
</target>
<actual value="9.8">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Adoption of gender responsive curricula in the new secondary education curriculum
</narrative></title>
<baseline year="2021" iso-date="2021-10-27" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-27" />
<period-end iso-date="2028-06-30" />
<target value="Yes">
<comment><narrative>
Delayed. A gender analysis of the third generation curriculum has been completed and its key findings indicate that the curriculum is not gender-sensitive. Consultations with gender specialists were carried out and a gender responsive curricula is being considered in the revision of the fourth generation curricula completed in 2025. However, the new curricula has not been implemented yet.
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Adoption of gender responsive curricula in the new secondary education curriculum
</narrative></title>
<baseline year="2021" iso-date="2021-10-27" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-27" />
<period-end iso-date="2028-06-30" />
<target value="Yes">
<comment><narrative>
Delayed. A gender analysis of the third generation curriculum has been completed and its key findings indicate that the curriculum is not gender-sensitive. Consultations with gender specialists were carried out and a gender responsive curricula is being considered in the revision of the fourth generation curricula completed in 2025. However, the new curricula has not been implemented yet.
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of class-subject using electronic system for recording formative assessment of students
</narrative></title>
<baseline year="2022" iso-date="2022-06-30" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-06-30" />
<period-end iso-date="2028-06-30" />
<target value="50.00">
<comment><narrative>
Target achieved.
</narrative></comment>
</target>
<actual value="78.15">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of class-subject using electronic system for recording formative assessment of students
</narrative></title>
<baseline year="2022" iso-date="2022-06-30" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-06-30" />
<period-end iso-date="2028-06-30" />
<target value="50.00">
<comment><narrative>
Target achieved.
</narrative></comment>
</target>
<actual value="89">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Average number of outpatient consultations per person per annum at PHC providers
</narrative></title>
<baseline year="2020" iso-date="2020-12-31" value="3.60"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-12-31" />
<period-end iso-date="2027-06-30" />
<target value="4.00">
<comment><narrative>
Target achieved. The indicator shows the average number of per capita outpatient visits to the primary health care facilities of MoILHSA and private providers. Baseline value refers to year 2020 and current value reported in this ISR refers to updated data for the full year 2024. Data for 2025 will be available after May 2026.
</narrative></comment>
</target>
<actual value="4.3">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of TSA benefits going to households in the poorest quintile
</narrative></title>
<baseline year="2020" iso-date="2020-12-31" value="70.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-12-31" />
<period-end iso-date="2028-06-30" />
<target value="85.00">
<comment><narrative>
The measurement of the indicator is subject to revision through the second restructuring, which is underway.
</narrative></comment>
</target>
<actual value="63.8">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of TSA benefits going to households in the poorest quintile
</narrative></title>
<baseline year="2020" iso-date="2020-12-31" value="70.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-12-31" />
<period-end iso-date="2028-06-30" />
<target value="85.00">
<comment><narrative>
Underperforming and potentially in need of revision.

This indicator measures the share of targeted social assistance benefits (inclusive of child allowance) received by people in the bottom quintile of the population's consumption distribution over TSA total benefit expenditures. 

The latest value (November 2025) refers to coverage during calendar year 2023 and is computed from the Household Income and Expenditure Survey. 

The value indicates a worsening in the quality of poverty targeting, due to two factors: (1) the delays in the adoption of the new TSA scoring formula, which was expected in 2023; (2) the unforeseen expansion of child allowance delivered jointly with the TSA benefits and less poverty-targeted than the basic TSA. 

While factor (1) is attributable to the program, factor (2) presents an issue of attributability of the indicator and may require a change in the measurement or the name of the indicator.
</narrative></comment>
</target>
<actual value="63.8">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of vacancies filled through the Worknet job-matching portal
</narrative></title>
<baseline year="2021" iso-date="2021-12-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-31" />
<period-end iso-date="2028-06-30" />
<target value="42.00">
<comment><narrative>
The indicator is not being reported yet, as Worknet was launched in March 2026. 

The indicator captures the percentage share of vacancies posted on Worknet in the reporting period that have been filled through recruitment of a Worknet-registered jobseeker (where the worknet-registered jobseeker was registered on Worknet before the date of posting of the vacancy), out of all vacancies posted in the same period. The denominator will include also vacancies that have subsequently been canceled, closed, and/or removed.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of vacancies filled through the Worknet job-matching portal
</narrative></title>
<baseline year="2021" iso-date="2021-12-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-31" />
<period-end iso-date="2028-06-30" />
<target value="42.00">
<comment><narrative>
Delayed.

The Worknet job matching function is now expected to be launched in January 2026, and the indicator will be measured from that point onwards. 

The indicator captures the percentage share of vacancies posted on Worknet in the reporting period that have been filled through recruitment of a Worknet-registered jobseeker (where the worknet-registered jobseeker was registered on Worknet before the date of posting of the vacancy), out of all vacancies posted in the same period. The denominator will include also vacancies that have subsequently been canceled, closed, and/or removed.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of schools that meet minimum quality standards
</narrative></title>
<baseline year="2021" iso-date="2021-10-27" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-27" />
<period-end iso-date="2028-06-30" />
<target value="600.00">
<comment><narrative>
On track. Reported figure includes number of schools which were authorized and positively screened by E&amp;S specialists.
</narrative></comment>
</target>
<actual value="410.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of schools that meet minimum quality standards
</narrative></title>
<baseline year="2021" iso-date="2021-10-27" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-27" />
<period-end iso-date="2028-06-30" />
<target value="600.00">
<comment><narrative>
On track. This indicator measures the number of schools covering grade 10 to 12 that are authorized and thus meet the minimum quality standards established under the authorization process by the MOES. 300 schools in 2023 and 79 schools in 2024 were authorized and complied with environmental and social policy. 80 schools in 2024 and 2025 were authorized and are in the  undergoing environmental screening. The remaining schools are scheduled to be authorized and undertake screening in 2025 and 2026.
</narrative></comment>
</target>
<actual value="375.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Reduction in the rural urban gap in UNE scores
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="14.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2028-06-30" />
<target value="10.00">
<comment><narrative>
Target achieved. This indicator measures the reduction in the rural-urban gap in UNE scores for foreign languages, science, and mathematics, based on municipality-level data. The 2019 baseline absolute gap was 13 score points (urban: 43, rural: 30). The current value of 9 (2024), with absolute values of 37 for urban and 28 for rural areas, confirms the closing target of 10 has been reached ahead of project closing. MOESY has additionally developed a complementary individual-level weighted methodology — aligned with the DLR 2.1.3 verification framework — which confirms a sustained reduction in the rural-urban gap.
</narrative></comment>
</target>
<actual value="9.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Reduction in the rural urban gap in UNE scores
</narrative></title>
<baseline year="2019" iso-date="2019-06-28" value="14.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2019-06-28" />
<period-end iso-date="2028-06-30" />
<target value="10.00">
<comment><narrative>
Target achieved. This indicator measures the reduction in rural-urban gap in Unified National Examinations (UNE) scores for foreign languages, science, and mathematics. Rural refers to 31 municipalities with 75% of more rural population and urban refers to 15 municipalities with 0% rural population (population data reported from 2021 Geostat). In February 2024, NAEC reported baseline (2019) absolute values were 43 and 30 for urban and rural areas (difference of 13 percentage points) (correction from previous value which was reported as 14 percentage points). Other updated values: 9 in 2020, 8 in 2021, 10 in 2022, 9 in 2023, 9 in 2024. Current value reported in this ISR refers to year 2024, absolute values were 37 and 28 for urban and rural areas. MOESY has presented a complementary methodology to measure the rural-urban gap in UNE scores after a new data sharing agreement between NAEC and EMIS has made possible the identification of rural status to individual level data.
</narrative></comment>
</target>
<actual value="9.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Average number of outpatient consultations per person per annum at PHC providers
</narrative></title>
<baseline year="2020" iso-date="2020-12-31" value="3.60"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-12-31" />
<period-end iso-date="2027-06-30" />
<target value="4.00">
<comment><narrative>
Target achieved. The indicator shows the average number of per capita outpatient visits to the primary health care facilities of MoILHSA and private providers. Baseline value refers to year 2020 and current value reported in this ISR refers to updated data for the full year 2024. Data for 2025 will be available after May 2026.
</narrative></comment>
</target>
<actual value="4.3">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of annual out-of-pocket spending on health care that is allocated to medicines
</narrative></title>
<baseline year="2021" iso-date="2021-10-27" value="69.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-27" />
<period-end iso-date="2028-06-30" />
<target value="40.00">
<comment><narrative>
On track. Figure is for year 2024 based on revised methodology used by the World Health Organization and MoILHSA. Please note that baseline and previous actual figures will need to be updated based on the revised methodology. Figures will be available by December 2026.
</narrative></comment>
</target>
<actual value="35">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of annual out-of-pocket spending on health care that is allocated to medicines
</narrative></title>
<baseline year="2021" iso-date="2021-10-27" value="69.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-27" />
<period-end iso-date="2028-06-30" />
<target value="40.00">
<comment><narrative>
On track. This indicator measures the share of medical expenditures in households total out-of-pocket health expenditure. Baseline value refers to year 2020 and current value reported in this ISR are from MoILHSA System of Accounts data in 2024.  The increase in out-of-pocket payments is attributable to a change in the methodology for calculating GDP. At the end of 2024, GDP values were updated in accordance with the System of Health Accounts 2008 methodology. GEOSTAT now utilizes supply-use tables for GDP estimation and applies the residual approach for final consumption. To estimate household spending on healthcare in Georgia (OOPs), GEOSTAT relies on the Household Income and Expenditure Survey (HIES) and relevant COICOP (Classification of Individual Consumption According to Purpose) categories. https://www.geostat.ge/ka/modules/categories/119/methodologia-erovnuli-angarishebi; https://www.geostat.ge/media/60239/GDP_Revision_12.10.2024.pdf
The actual current figures are already reca
</narrative></comment>
</target>
<actual value="56">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Students supported with better education
</narrative></title>
<baseline year="2022" iso-date="2022-06-15" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-06-15" />
<period-end iso-date="1900-01-01"/>
<target value="">
<comment><narrative>
The total number of students in Georgia is 640,700. The national average number of students per school is 266. As of May 2026, 410 schools have benefited from the authorization process and 180 schools from digitalization, hence these are students are being supported with better education. This is approximately 156,940 students (266 x 590).
</narrative></comment>
</target>
<actual value="156,940">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Students supported with better education
</narrative></title>
<baseline year="2022" iso-date="2022-06-15" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-06-15" />
<period-end iso-date="1900-01-01"/>
<target value="">
<comment><narrative>
The total number of students in Georgia is 640,700. The national average number of students per school is 266. Thus far, 300 schools have benefited from the authorization process and thus their students are being supported with better education. This is approximately 80,086 students (266 x 300).
</narrative></comment>
</target>
<actual value="80,086">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Beneficiaries of social safety net programs
</narrative></title>
<baseline year="2022" iso-date="2022-06-15" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-06-15" />
<period-end iso-date="1900-01-01"/>
<target value="">
<comment><narrative>
Number of beneficiaries to be calculated once indicator is defined for this program.
</narrative></comment>
</target>
<actual value="263571">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Beneficiaries of social safety net programs
</narrative></title>
<baseline year="2022" iso-date="2022-06-15" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-06-15" />
<period-end iso-date="1900-01-01"/>
<target value="">
<comment><narrative>
Number of beneficiaries to be calculated once indicator is defined for this program.
</narrative></comment>
</target>
<actual value="0">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Kindergartens in rural or mountainous areas meeting quality standards
</narrative></title>
<baseline year="2022" iso-date="2022-06-30" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-06-30" />
<period-end iso-date="2026-06-30" />
<target value="200.00">
<comment><narrative>
On track. As of May 2026, 138 kindergartens are authorized.
</narrative></comment>
</target>
<actual value="138.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of vacancies filled through the Worknet job-matching portal
</narrative></title>
<baseline year="2021" iso-date="2021-12-31" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-31" />
<period-end iso-date="2028-06-30" />
<target value="42.00">
<comment><narrative>
Delayed.

The Worknet job matching function is now expected to be launched in January 2026, and the indicator will be measured from that point onwards. 

The indicator captures the percentage share of vacancies posted on Worknet in the reporting period that have been filled through recruitment of a Worknet-registered jobseeker (where the worknet-registered jobseeker was registered on Worknet before the date of posting of the vacancy), out of all vacancies posted in the same period. The denominator will include also vacancies that have subsequently been canceled, closed, and/or removed.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of vacancies posted on worknet
</narrative></title>
<baseline year="2021" iso-date="2021-10-29" value="8,321.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-29" />
<period-end iso-date="2028-12-31" />
<target value="50,000.00">
<comment><narrative>
Below target. Provisional value, referring to January 1 - September 30, 2025.
</narrative></comment>
</target>
<actual value="8837">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Adoption of gender responsive curricula in the new secondary education curriculum
</narrative></title>
<baseline year="2021" iso-date="2021-10-27" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-27" />
<period-end iso-date="2028-06-30" />
<target value="Yes">
<comment><narrative>
Delayed. A gender analysis of the third generation curriculum has been completed and its key findings indicate that the curriculum is not gender-sensitive. Consultations with gender specialists were carried out and a gender responsive curricula is being considered in the revision of the fourth generation curricula completed in 2025. However, the new curricula has not been implemented yet.
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of schools that meet minimum quality standards
</narrative></title>
<baseline year="2021" iso-date="2021-10-27" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-27" />
<period-end iso-date="2028-06-30" />
<target value="600.00">
<comment><narrative>
On track. This indicator measures the number of schools covering grade 10 to 12 that are authorized and thus meet the minimum quality standards established under the authorization process by the MOES. 300 schools in 2023 and 79 schools in 2024 were authorized and complied with environmental and social policy. 80 schools in 2024 and 2025 were authorized and are in the  undergoing environmental screening. The remaining schools are scheduled to be authorized and undertake screening in 2025 and 2026.
</narrative></comment>
</target>
<actual value="375.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of beneficiaries who receive individualized employment assistance/counseling from SESA through the new employment model, disaggregated by gender and vulnerability status
</narrative></title>
<baseline year="2021" iso-date="2021-12-31" value="2,444.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-31" />
<period-end iso-date="2028-12-31" />
<target value="40,215.00">
<comment><narrative>
On track. Provisional value, referring to January 1 - September 30, 2025.
</narrative></comment>
</target>
<actual value="13,260">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
SESA publishes annual reports summarizing the feedback received from Worknet registered users' and ALMP beneficiaries on services provided by SESA and on actions taken to address the feedback
</narrative></title>
<baseline year="2021" iso-date="2021-12-31" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-31" />
<period-end iso-date="2028-06-30" />
<target value="Yes">

</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of vacancies posted on the revised Worknet job matching portal
</narrative></title>
<baseline year="2022" iso-date="2022-02-07" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-02-07" />
<period-end iso-date="2028-06-30" />
<target value="50,000.00">
<comment><narrative>
Data not provided yet
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of rural jobseekers receiving consultations, profiling and registration through SESA mobile teams
</narrative></title>
<baseline year="2021" iso-date="2021-10-29" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-29" />
<period-end iso-date="2028-12-31" />
<target value="20,000.00">
<comment><narrative>
Below target. Provisional value, referring to January 1 - September 30, 2025.
</narrative></comment>
</target>
<actual value="1539">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of TSA benefits going to households in the poorest quintile
</narrative></title>
<baseline year="2020" iso-date="2020-12-31" value="70.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-12-31" />
<period-end iso-date="2028-06-30" />
<target value="85.00">
<comment><narrative>
Underperforming and potentially in need of revision.

This indicator measures the share of targeted social assistance benefits (inclusive of child allowance) received by people in the bottom quintile of the population's consumption distribution over TSA total benefit expenditures. 

The latest value (November 2025) refers to coverage during calendar year 2023 and is computed from the Household Income and Expenditure Survey. 

The value indicates a worsening in the quality of poverty targeting, due to two factors: (1) the delays in the adoption of the new TSA scoring formula, which was expected in 2023; (2) the unforeseen expansion of child allowance delivered jointly with the TSA benefits and less poverty-targeted than the basic TSA. 

While factor (1) is attributable to the program, factor (2) presents an issue of attributability of the indicator and may require a change in the measurement or the name of the indicator.
</narrative></comment>
</target>
<actual value="63.8">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of annual out-of-pocket spending on health care that is allocated to medicines
</narrative></title>
<baseline year="2021" iso-date="2021-10-27" value="69.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-27" />
<period-end iso-date="2028-06-30" />
<target value="40.00">
<comment><narrative>
On track. This indicator measures the share of medical expenditures in households total out-of-pocket health expenditure. Baseline value refers to year 2020 and current value reported in this ISR are from MoILHSA System of Accounts data in 2024.  The increase in out-of-pocket payments is attributable to a change in the methodology for calculating GDP. At the end of 2024, GDP values were updated in accordance with the System of Health Accounts 2008 methodology. GEOSTAT now utilizes supply-use tables for GDP estimation and applies the residual approach for final consumption. To estimate household spending on healthcare in Georgia (OOPs), GEOSTAT relies on the Household Income and Expenditure Survey (HIES) and relevant COICOP (Classification of Individual Consumption According to Purpose) categories. https://www.geostat.ge/ka/modules/categories/119/methodologia-erovnuli-angarishebi; https://www.geostat.ge/media/60239/GDP_Revision_12.10.2024.pdf
The actual current figures are already reca
</narrative></comment>
</target>
<actual value="56">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of university admissions coming from regions with rural population greater than 50%
</narrative></title>
<baseline year="2022" iso-date="2022-06-30" value="10.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-06-30" />
<period-end iso-date="2028-06-30" />
<target value="20.00">
<comment><narrative>
Target Exceeded. This indicator captured the share of persons enrolled in higher education from those regions where over 50% of the population resides in the countryside (includes all regions, except Tbilisi, Imereti and Adjara) of the total number of enrolled persons . In previous years, the Imereti region was included in the calculation because its rural population exceeded 50%. However, since the rural population in Imereti has now fallen below 50%, we no longer include the region in the calculation.
</narrative></comment>
</target>
<actual value="30.9">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of TSA benefits going to households in the poorest quintile
</narrative></title>
<baseline year="2020" iso-date="2020-12-31" value="70.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2020-12-31" />
<period-end iso-date="2028-06-30" />
<target value="85.00">
<comment><narrative>
The measurement of the indicator is subject to revision through the second restructuring, which is underway.
</narrative></comment>
</target>
<actual value="63.8">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
National average student-teacher ratio in public schools
</narrative></title>
<baseline year="2021" iso-date="2021-06-30" value="9.85"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-06-30" />
<period-end iso-date="2028-06-30" />
<target value="12.00">
<comment><narrative>
This indicator will be dropped through restructuring given that it is no longer attributable to the Program scope. It was relevant when network reform was in place.
</narrative></comment>
</target>
<actual value="9.8">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Adoption of regulation specifying the institutional arrangements for DRG implementation
</narrative></title>
<baseline year="2021" iso-date="2021-10-27" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-10-27" />
<period-end iso-date="2028-06-30" />
<target value="Yes">
<comment><narrative>
Target achieved. The regulation has been approved: GoG Decree N507 26.10.2022. The Diagnosis Related Groups (DRG) system has been expanded from 70 percent in 2022 to at least 80 percent of all health services in 2023. The DRG system is continuously updated, encompassing analysis of grouping logic, rates, and DRG codes generated from clinician-uploaded diagnoses and interventions. Data analysis and weighting of DRG codes are performed on an ongoing basis as needed. The maximum upper limit for co-payments has also been established. Additionally, revisions to the DRGs related to the perinatal services and congenital heart defects have been incorporated into the system.
</narrative></comment>
</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result></iati-activity><iati-activity xml:lang="en" default-currency="USD" last-updated-datetime="2026-09-26T22:16:57" hierarchy="1"><iati-identifier>44000-P175629</iati-identifier><reporting-org ref="44000" type="40"><narrative  xml:lang="en">World Bank</narrative></reporting-org><title xml:lang="en"><narrative>Georgia Resilient Agriculture, Irrigation, and Land Project</narrative></title><description type="2" xml:lang="en"><narrative><![CDATA[The Project Development Objective (PDO) is to: (a) improve irrigation, and drainage services, and agricultural production in project areas; and (b) strengthen national irrigation and land management institutional capacity for climate resilient planning.]]></narrative></description><description type="1" xml:lang="en"><narrative><![CDATA[A. Country Context1.	Georgia is an upper-middle-income country with an annual gross domestic product (GDP) per capita of US$5,023 in 2021 and a population of about 3.7 million.   The country's economy grew at an average annual rate of nearly 5 percent between 2005 and 2021 despite numerous upheavals, including: the global financial crisis of 2007–08, conflict with the Russian Federation in 2008, the drop in commodity prices since 2014, the 2020 COVID-19 pandemic, and the Russian Federation's invasion of Ukraine in 2022. In 2021, the economy rebounded strongly (10.4 percent growth), driven by the recovery of consumption and exports. Like other economies in the South Caucasus and Central Asia, Georgia benefited from large inflows of money transfers and people in the aftermath of the war in Ukraine and the subsequent sanctions on Russia. In 2022, economic growth averaged 10.1 percent. 2.	Georgia implemented important economic reforms that facilitated a decrease in the national poverty rate from 37.4 percent in 2007 to 17.5 percent in 2021. The reforms led to improved income and living conditions for the country's bottom 40 percent. However, more than half of the population remain in poverty according to the upper middle-income line (US$6.86 per person per day in 2017 Purchasing Power Parity). Although inequality declined after 2010, with a Gini Index of 36.4 in 2021, Georgia has one of the highest levels of income inequality in the Europe and Central Asia (ECA) region. The incidence of poverty and inequality is higher in rural areas than in urban areas. However, poverty dropped by over six percent in rural areas, and by two percent in urban Georgia.  3.	As a result of the war in Ukraine, global food and fertilizer prices have increased with negative impacts on agricultural exports. Domestic food price inflation in Georgia was 15.8 percent in August 2022. In 2021, agriculture contributed 27 percent of total exports, and agriculture export values increased during the past decade. However, from January to November 2022, exports of fruits, nuts, and vegetables amounted to approximately US$166 million, 17 percent below the same period in 2021. At the same time, domestic demand for fruit and vegetables increased, thus providing market opportunities for local produce. Physical access to Russian markets also has been constrained, affected by the financial sanctions. Despite these constraints, Russia remains the largest export destination for fruits, nuts, and vegetables, followed by Italy and Germany. Nonetheless, the war highlights the importance of agriculture competitiveness to increase export diversification.4.	Climate change is a critical risk to Georgia's development and stability, particularly for the agriculture sector. Current trends, such as increasing temperatures, eroding soils, intensifying droughts, floods, and an increased occurrence of hail, are expected to reduce yields in major agricultural regions, including the eastern regions, where irrigation is prevalent. The availability of water resources is highly seasonal in Georgia. Rivers fed by glaciers and snow, such as the Khrami-Debed and Alazani, are projected to see reduced flows between 30 percent and 55 percent by the end of the 21st century, posing a threat to an important source of water supply. Precipitation is also projected to decrease during the farming season (June–August) and increase in autumn, spring, and winter.  Up to 30 consecutive dry days are expected by mid-century, increasing agricultural water scarcity, and reducing crop productivity during the summer months. Droughts are expected to exert further pressure on water availability. The annual risk exposure of the population to climate change is estimated to be between 1.5 and 6.6 percent of Georgia's national GDP (that is, between US$238 million and US$1.04 billion annually). B. Sectoral and Institutional ContextSectoral Context5.	Constraints and opportunities in Georgia's agriculture, water, and land sectors are interlinked. Land and water are finite resources upon which agricultural production and productivity depend. While agriculture in Georgia is primarily rainfed, irrigation and drainage (I&amp;D) investments are vital to guard against hydrological variability, and critical for high-value agriculture production. The eastern part of the country requires irrigation to buffer climatic extremes, while the western part is confronted with drainage problems. In most parts of the country, however, I&amp;D infrastructure has deteriorated due to lack of maintenance and reduced financial resources allocated to I&amp;D management. Pressure on fragmented land resources is also growing, making improvements in agricultural land management in Georgia critical for increasing productivity.  Due to these interlinked challenges in the agriculture, water, and land sectors, interventions to address them must be implemented in the three sectors concurrently.6.	The agriculture sector accounted for 41 percent of all jobs in 2017 and continues to be important in the poorer and more rural parts of the country, which are most vulnerable to climate risks. Approximately 41 percent of the total population live in rural areas, and the majority of those living in those areas rely partly on agriculture for their livelihoods. Subsistence agriculture makes up 73 percent of employment in rural areas.  Almost 80 percent of rural farmers operate less than 1 hectare (ha) of agricultural land. Most smallholdings produce crops primarily for subsistence purposes and lack direct commercial potential. Productivity is low and stagnant for most crop and livestock products, both in absol  ute terms and relative to comparator countries. Present and future climate change pose further risks to production and livelihoods for these marginal groups. Past droughts (a severe event occurred in 2000) caused wheat yields to drop by more than half. 7.	According to the most recent agricultural census conducted in 2014, the share of commercial farms producing higher-value crops for export remains low. Forward and backward links with input suppliers and the agro-processing sector are weak, although their improvement would have a positive impact on agriculture modernization, value chain development, and competitiveness. Despite the apparent limitations of smallholder farms, a small but increasing number of medium-size and larger commercially oriented producers and agri-business enterprises are driving the development of domestic market and export-oriented value chains (World Bank 2022). From 2010 to 2020, the value of exports of agricultural food products, especially high-value commodities such as wine, hazelnuts, fruits, and vegetables, more than doubled, while imports remained stable. As new export markets are being explored, private investment in processing capacity has started to increase, and various canned, dried, and frozen products are being exported to the EU, the United States (US), and other markets. 8.	Following independence in 1991, Georgia experienced a turbulent transition period resulting in the deterioration of a large part of its irrigation infrastructure. This caused a sharp decline in the irrigated area. From 2012 to 2020, the public irrigable area steadily increased to about 130,000 ha, of which about 6,500 ha is served by pumping systems.  In addition, some of Georgia's dams are aging and in need of repair or rehabilitation. Thus, in recent years, GoG took steps to improve dam safety in the country. The Ministry of Environment Protection and Agriculture (MEPA) established regulations and guidelines for the design, construction, and maintenance of dams. GOG also produced an upcoming draft law “on the safety of hydraulic structures and launched several projects to upgrade existing dams and build new, safer ones.9.	 In 2020, there was a total of 123 irrigation schemes in use and the actual irrigated area was about 65,000 ha, according to the Georgian Amelioration Limited Lia]]></narrative></description><participating-org role="1" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org><participating-org role="2" xml:lang="en" ref="GE–P0047852"><narrative>Georgia</narrative></participating-org><participating-org role="3" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org><participating-org role="4" xml:lang="en" ref="GE-COA-0047850"><narrative>National Agency of Public Registry</narrative></participating-org>
<activity-status code="2" /><activity-date type="1" iso-date="2022-07-06"><narrative>Planned start date of the activity</narrative></activity-date><activity-date type="2" iso-date="2023-03-24"><narrative>Actual start date of the activity</narrative></activity-date><activity-date type="3" iso-date="2029-09-30"><narrative>Planned end date of the activity</narrative></activity-date><activity-date type="4" iso-date="2029-09-30"><narrative>Actual end date of the activity</narrative></activity-date><contact-info type="1"><organisation><narrative>The World Bank</narrative></organisation><person-name><narrative>Ranu Sinha</narrative></person-name><telephone>+1-202-473-1000</telephone><email>rsinha1@worldbank.org</email><email>pic@worldbank.org</email><mailing-address><narrative>The World Bank, 1818 H Street, NW, Washington, DC 20433 USA</narrative></mailing-address></contact-info>




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            <location-id vocabulary="G1" code="0000611025" />
            <name><narrative>Zeda Tlughi</narrative></name>
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            <pos>42.45013 43.15006</pos>
            </point>
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            <location-class code="2" />
        </location><location>
            <location-reach code="1" />
            <location-id vocabulary="G1" code="0000865536" />
            <name><narrative>Kvemo Kartli</narrative></name>
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        </location><location>
            <location-reach code="1" />
            <location-id vocabulary="G1" code="0000865537" />
            <name><narrative>Kakheti</narrative></name>
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            <pos>41.75 45.71667</pos>
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        </location><location>
            <location-reach code="1" />
            <location-id vocabulary="G1" code="0000865540" />
            <name><narrative>Shida Kartli</narrative></name>
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            <name><narrative>Samegrelo-Zemo Svanetis Mkhare</narrative></name>
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<capital-spend percentage="100" /><transaction><transaction-type code="2" /><transaction-date iso-date="2023-03-31"/><value value-date="2023-03-31">75000000</value><description xml:lang="en"><narrative>Total Commitment in March Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-47850"><narrative>National Agency of Public Registry</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-47851"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-07-31"/><value value-date="2023-07-31">192749</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-47850"><narrative>National Agency of Public Registry</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-47851"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-11-30"/><value value-date="2023-11-30">1290630</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-47850"><narrative>National Agency of Public Registry</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-47851"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-02-29"/><value value-date="2024-02-29">78143</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-47850"><narrative>National Agency of Public Registry</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-47851"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-03-31"/><value value-date="2024-03-31">38781</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-47850"><narrative>National Agency of Public Registry</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-47851"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-04-30"/><value value-date="2024-04-30">183022</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-47850"><narrative>National Agency of Public Registry</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-47851"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-05-31"/><value value-date="2024-05-31">59041</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-47850"><narrative>National Agency of Public Registry</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-47851"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-06-30"/><value value-date="2024-06-30">328936</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-47850"><narrative>National Agency of Public Registry</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-47851"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-08-31"/><value value-date="2024-08-31">100541</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-47850"><narrative>National Agency of Public Registry</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-47851"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-09-30"/><value value-date="2024-09-30">144403</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-47850"><narrative>National Agency of Public Registry</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-47851"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-10-31"/><value value-date="2024-10-31">1193010</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-47850"><narrative>National Agency of Public Registry</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-47851"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-12-31"/><value value-date="2024-12-31">454999</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-47850"><narrative>National Agency of Public Registry</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-47851"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2025-02-28"/><value value-date="2025-02-28">3806973</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-47850"><narrative>National Agency of Public Registry</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-47851"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2025-04-30"/><value value-date="2025-04-30">247662</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-47850"><narrative>National Agency of Public Registry</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-47851"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2025-05-31"/><value value-date="2025-05-31">83323</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-47850"><narrative>National Agency of Public Registry</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-47851"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2025-07-31"/><value value-date="2025-07-31">535944</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-47850"><narrative>National Agency of Public Registry</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-47851"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2025-09-30"/><value value-date="2025-09-30">163124</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-47850"><narrative>National Agency of Public Registry</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-47851"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2025-10-31"/><value value-date="2025-10-31">1468754</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-47850"><narrative>National Agency of Public Registry</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-47851"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2025-12-31"/><value value-date="2025-12-31">141113</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-47850"><narrative>National Agency of Public Registry</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-47851"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2026-02-28"/><value value-date="2026-02-28">1016021</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-47850"><narrative>National Agency of Public Registry</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-47851"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2026-03-31"/><value value-date="2026-03-31">121125</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-47850"><narrative>National Agency of Public Registry</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-47851"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2026-04-30"/><value value-date="2026-04-30">1291184</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-47850"><narrative>National Agency of Public Registry</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-47851"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2026-05-31"/><value value-date="2026-05-31">1495557</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-47850"><narrative>National Agency of Public Registry</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-47851"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-07-31"/><value value-date="2023-07-31">-192749</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-47850"><narrative>National Agency of Public Registry</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-47851"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-03-31"/><value value-date="2024-03-31">-176710</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-47850"><narrative>National Agency of Public Registry</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-47851"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-09-30"/><value value-date="2024-09-30">-143945</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-47850"><narrative>National Agency of Public Registry</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-47851"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-03-31"/><value value-date="2025-03-31">-168363</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-47850"><narrative>National Agency of Public Registry</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-47851"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-09-30"/><value value-date="2025-09-30">-263257</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-47850"><narrative>National Agency of Public Registry</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-47851"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2026-03-31"/><value value-date="2026-03-31">-256266</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-47850"><narrative>National Agency of Public Registry</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-47851"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P175629"><title xml:lang="en"><narrative>Contract Awards</narrative></title><category code="A11" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-detail/P175629?lang=en"><title xml:lang="en"><narrative>Project URL</narrative></title><category code="A12" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P175629"><title xml:lang="en"><narrative>Procurement Notices</narrative></title><category code="A10" /></document-link><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Increase in yields of key crops in farms benefited from project grant facility and improved irrigation services
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2029-09-30" />
<target value="30.00">
<comment><narrative>
Measures increase in yields of beneficiaries.

Update: Grant program is expected to be re-announced in the two project zones (KS and ZR) by mid-April 2025.  No irrigation rehabilitation works have started yet
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Average size of the plots for all landowners in selected irrigation scheme(s) where pilot voluntary land consolidation activities have been implemented
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="0.50"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2026-06-30" />
<target value="1.00">
<comment><narrative>
Monitors the evolution of the average scheme-level size of the agricultural plots as a result of pilot voluntary land consolidation activities.
</narrative></comment>
</target>
<actual value="0.50">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Grants awarded to water users for adopting water efficient on-farm irrigation technologies and practices
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2029-09-30" />
<target value="250.00">
<comment><narrative>
This climate indicator counts the number of grants awarded for adopting on-farm irrigation technologies and practices.

Update: GRAIL grant support program wase launched in KS and ZR zones at the end of April 2025.
</narrative></comment>
</target>
<actual value="12.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Farmers adopting improved agricultural technology
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2029-09-30" />
<target value="3000.00">
<comment><narrative>
This indicator measures the number of farmers (of agricultural products) who have adopted an improved agricultural technology promoted by operations supported by the World Bank.
</narrative></comment>
</target>
<actual value="290.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Landowners with access to improved irrigation and drainage services
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2029-09-30" />
<target value="36,377.00">
<comment><narrative>
This gender-disaggregated indicator measures the cumulative number of current and potential water users (includes enterprises and government-owned land) with access to improved irrigation and/or drainage services resulting from the project interventions. Targeted number will be adjusted upon final selection of the schemes for the project rehabilitation program.

Update: No irrigation rehabilitation works have started
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Farmers trained and adopting CSA technologies and practices
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2029-09-30" />
<target value="3,000.00">
<comment><narrative>
This climate indicator is measured by counting (i) beneficiaries of the CSA training; and (ii) number of farmers adopting the CSA technologies.

Update: Training program is expected to start in Mid-March 2026.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Increase in the value of marketed output of farmers and agribusinesses benefited from the project grant facility, extension services and improved irrigation services
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2029-09-30" />
<target value="20.00">
<comment><narrative>
Measures changes in value of marketed output of farmers and agribusinesses benefiting from the project.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Farmers adopting improved agricultural technology
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2029-09-30" />
<target value="3000.00">
<comment><narrative>
This indicator measures the number of farmers (of agricultural products) who have adopted an improved agricultural technology promoted by operations supported by the World Bank.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Multi-purpose land information system (LIS) operationalized
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2029-09-30" />
<target value="100.00">
<comment><narrative>
This climate indicator monitors progress of LIS operationalization to provide eServices and data for climate resilient planning and management of land resources. It monitors all components of LIS, such as IT infrastructure, software modules and functionalities, dta and staff capacities.

Update: The Technical Requirements for the Land Information System (LIS) have been finalized. The process to select the company that will develop the system is ongoing.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Enhancement of Immovable property registration system (IPRS)
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2029-09-30" />
<target value="100.00">
<comment><narrative>
Monitor the progress of the IPRS and eServices enhancement .
</narrative></comment>
</target>
<actual value="30.24">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Members of the Farmer Initiative Groups (FIG) reporting FIG meetings are effective in incorporating their feedback in the decisions about irrigation works and services
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2029-09-30" />
<target value="70.00">
<comment><narrative>
This Citizen Engagement (CE) indicator measures the percentage of members of the Farmers Initiative Group reporting that FIG meetings are effective in incorporating their feedback in the decision about irrigation services.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Increase in the irrigated area under formal contract with water users by Georgian Amelioration
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="7,800.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2029-09-30" />
<target value="8,100.00">
<comment><narrative>
Captures the changes (increase) in the area covered by formal contract between GA and water users in GRAIL supported irrigation systems.
</narrative></comment>
</target>
<actual value="7,800.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Multi-purpose land information system (LIS) operationalized
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2029-09-30" />
<target value="100.00">
<comment><narrative>
This climate indicator monitors progress of LIS operationalization to provide eServices and data for climate resilient planning and management of land resources. It monitors all components of LIS, such as IT infrastructure, software modules and functionalities, dta and staff capacities.

Update: The company has been selected and the contract has been signed.  The company conducted a first meeting during the WB mission in March 2025.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Area provided with new/improved irrigation or drainage services
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2029-09-30" />
<target value="26887.00">
<comment><narrative>
This indicator measures the total area of land provided with irrigation and drainage services under the project, including in (i) the area provided with new irrigation and drainage services, and (ii) the area provided with improved irrigation and drainage services, expressed in hectare (ha).

Update: No irrigation rehabilitation works have started
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Cropped area exposed to water shortage in project areas
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="25.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2029-09-30" />
<target value="15.00">
<comment><narrative>
This climate indicator measures the percentage of the cropped area facing a Relative Evapotranspiration (RET) less than 0.75.
</narrative></comment>
</target>
<actual value="25.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Average size of the plots for all landowners in selected irrigation scheme(s) where pilot voluntary land consolidation activities have been implemented
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="0.50"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2026-06-30" />
<target value="1.00">
<comment><narrative>
Monitors the evolution of the average scheme-level size of the agricultural plots as a result of pilot voluntary land consolidation activities.

Update: The first 6-month contract between MEPA and FAO for the Design and Implementation of Land Consolidation in Georgia has been agreed and signed under the Unilateral Trust Fund (UTF) agreement with FAO.  The contract for the second phase is expected to be signed in March 2026
</narrative></comment>
</target>
<actual value="0.50">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Grants awarded to water users for adopting water efficient on-farm irrigation technologies and practices
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2029-09-30" />
<target value="250.00">
<comment><narrative>
This climate indicator counts the number of grants awarded for adopting on-farm irrigation technologies and practices.

Update: GRAIL grant support program will be launched in KS and ZR zones by mid-April 2025.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Hydro-Agro Informatics Center established &amp; operational for real-time monitoring &amp; dissemination of water, land, agriculture &amp; climate information for water efficient &amp; climate-resilient planning
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="No Hydro-Agro informatics center exists"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2029-09-30" />
<target value="Center established and operational">
<comment><narrative>
This climate indicator reports on the status of establishing and operationalizing the center to provide data services for boosting climate resilience to droughts and (agricultural) water scarcity.
</narrative></comment>
</target>
<actual value="The company contracted to conduct a needs assessment.">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Hydro-Agro Informatics Center established &amp; operational for real-time monitoring &amp; dissemination of water, land, agriculture &amp; climate information for water efficient &amp; climate-resilient planning
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="No Hydro-Agro informatics center exists"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2029-09-30" />
<target value="Center established and operational">
<comment><narrative>
This climate indicator reports on the status of establishing and operationalizing the center to provide data services for boosting climate resilience to droughts and (agricultural) water scarcity.
</narrative></comment>
</target>
<actual value="No Hydro-Agro informatics center exists">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of requests for spatial information fulfilled by NSDI
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2029-09-30" />
<target value="10,000.00">
<comment><narrative>
Monitors number of requests/connections fulfilled by the NSDI Geoportal.

Update: The international consultant supporting the development of the Geoportal has been hired. Data will be provided once Geoportal goes live in June 2025.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of requests for spatial information fulfilled by NSDI
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2029-09-30" />
<target value="10,000.00">
<comment><narrative>
Monitors number of requests/connections fulfilled by the NSDI Geoportal.
</narrative></comment>
</target>
<actual value="30,800.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Beneficiaries reached with the project financial support
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2029-09-30" />
<target value="1,500.00">
<comment><narrative>
This gender indicator measures the progress of grant support program.

Update: The grant support program will be announced in the first two zones (KS and ZR) by mid-April, 2025.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Irrigation service delivery performance monitoring &amp; decision support system established &amp; operational in central office &amp; selected service centers of Georgian Amelioration in project areas
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="No performance monitoring system exists in Georgian Amelioration."><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2029-09-30" />
<target value="Performance monitoring and decision support system established and operational in GA central and selected service centers in project areas.">
<comment><narrative>
''
</narrative></comment>
</target>
<actual value="The company contracted to undertake institutional assessment of GA. Draft report on GA diagnostic, and Business Process Handbook for GA prepared.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Farmers trained and adopting CSA technologies and practices
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2029-09-30" />
<target value="3,000.00">
<comment><narrative>
This climate indicator is measured by counting (i) beneficiaries of the CSA training; and (ii) number of farmers adopting the CSA technologies.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Area provided with new/improved irrigation or drainage services
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2029-09-30" />
<target value="26887.00">
<comment><narrative>
This indicator measures the total area of land provided with irrigation and drainage services under the project, including in (i) the area provided with new irrigation and drainage services, and (ii) the area provided with improved irrigation and drainage services, expressed in hectare (ha).

Update: No irrigation rehabilitation works have started
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Design and adoption of revised irrigation tariff system
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="Area-wise tariff at 75 GEL/Ha"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2029-09-30" />
<target value="Differentiated tariff agreed and adopted">
<comment><narrative>
Measures the progress in design and adoption of revised tariff.
</narrative></comment>
</target>
<actual value="Area-wise tariff at 75 GEL/Hahe GNERC approved new water service tariffs.">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Increase in gross value of agricultural production in project areas
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2029-09-30" />
<target value="20.00">
<comment><narrative>
Measures changes in the total value of produce based on the farm gate prices. Gross Value Production (GVP) aggregates the value of different annual crops produced in the project area by registered landowners with or without contracts with GA.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Design and adoption of revised irrigation tariff system
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="Area-wise tariff at 75 GEL/Ha"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2029-09-30" />
<target value="Differentiated tariff agreed and adopted">
<comment><narrative>
Measures the progress in design and adoption of revised tariff.
</narrative></comment>
</target>
<actual value="Area-wise tariff at 75 GEL/Hahe Bank technical water legal expert is now working with GA and GNERC to revise the Water Supply Rules and align with the establishment of WUOs.">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Increase in gross value of agricultural production in project areas
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2029-09-30" />
<target value="20.00">
<comment><narrative>
Measures changes in the total value of produce based on the farm gate prices. Gross Value Production (GVP) aggregates the value of different annual crops produced in the project area by registered landowners with or without contracts with GA.

Update:  No changes can be measured as the grant program was launched only at the end of April 2025 and no irrigation rehabilitation works have stated .
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Enhancement of Immovable property registration system (IPRS)
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2029-09-30" />
<target value="100.00">
<comment><narrative>
Monitor the progress of the IPRS and eServices enhancement .
</narrative></comment>
</target>
<actual value="47.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Increase in the irrigated area under formal contract with water users by Georgian Amelioration
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="7,800.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2029-09-30" />
<target value="8,100.00">
<comment><narrative>
Captures the changes (increase) in the area covered by formal contract between GA and water users in GRAIL supported irrigation systems.
</narrative></comment>
</target>
<actual value="7,800.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Beneficiaries reached with the project financial support
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2029-09-30" />
<target value="1,500.00">
<comment><narrative>
This gender indicator measures the progress of grant support program.

Update: The grant support program was announced in the first two zones (KS and ZR) in late April, 2025.
</narrative></comment>
</target>
<actual value="290.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Irrigation service delivery performance monitoring &amp; decision support system established &amp; operational in central office &amp; selected service centers of Georgian Amelioration in project areas
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="No performance monitoring system exists in Georgian Amelioration."><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2029-09-30" />
<target value="Performance monitoring and decision support system established and operational in GA central and selected service centers in project areas.">
<comment><narrative>
''
</narrative></comment>
</target>
<actual value="No performance monitoring system exists in Georgian Amelioration.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Members of the Farmer Initiative Groups (FIG) reporting FIG meetings are effective in incorporating their feedback in the decisions about irrigation works and services
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2029-09-30" />
<target value="70.00">
<comment><narrative>
This Citizen Engagement (CE) indicator measures the percentage of members of the Farmers Initiative Group reporting that FIG meetings are effective in incorporating their feedback in the decision about irrigation services.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Cropped area exposed to water shortage in project areas
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="25.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2029-09-30" />
<target value="15.00">
<comment><narrative>
This climate indicator measures the percentage of the cropped area facing a Relative Evapotranspiration (RET) less than 0.75.
</narrative></comment>
</target>
<actual value="25.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Landowners with access to improved irrigation and drainage services
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2029-09-30" />
<target value="36,377.00">
<comment><narrative>
This gender-disaggregated indicator measures the cumulative number of current and potential water users (includes enterprises and government-owned land) with access to improved irrigation and/or drainage services resulting from the project interventions. Targeted number will be adjusted upon final selection of the schemes for the project rehabilitation program.

Update: No irrigation rehabilitation works have started
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Increase in the value of marketed output of farmers and agribusinesses benefited from the project grant facility, extension services and improved irrigation services
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2029-09-30" />
<target value="20.00">
<comment><narrative>
Measures changes in value of marketed output of farmers and agribusinesses benefiting from the project.

Update: No changes can be reported/measured as no irrigation rehabilitation works have started, and project grant support program was launched only recently.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Multi-purpose land information system (LIS) operationalized
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2029-09-30" />
<target value="100.00">
<comment><narrative>
This climate indicator monitors progress of LIS operationalization to provide eServices and data for climate resilient planning and management of land resources. It monitors all components of LIS, such as IT infrastructure, software modules and functionalities, dta and staff capacities.

Update: The Technical Requirements for the Land Information System (LIS) have been finalized. The process to select the company that will develop the system is ongoing.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Multi-purpose land information system (LIS) operationalized
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2029-09-30" />
<target value="100.00">
<comment><narrative>
This climate indicator monitors progress of LIS operationalization to provide eServices and data for climate resilient planning and management of land resources. It monitors all components of LIS, such as IT infrastructure, software modules and functionalities, dta and staff capacities.

Update: The company has been selected and the contract has been signed.  The company conducted a first meeting during the WB mission in March 2025.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Hydro-Agro Informatics Center established &amp; operational for real-time monitoring &amp; dissemination of water, land, agriculture &amp; climate information for water efficient &amp; climate-resilient planning
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="No Hydro-Agro informatics center exists"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2029-09-30" />
<target value="Center established and operational">
<comment><narrative>
This climate indicator reports on the status of establishing and operationalizing the center to provide data services for boosting climate resilience to droughts and (agricultural) water scarcity.
</narrative></comment>
</target>
<actual value="The company contracted to conduct a needs assessment.">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Hydro-Agro Informatics Center established &amp; operational for real-time monitoring &amp; dissemination of water, land, agriculture &amp; climate information for water efficient &amp; climate-resilient planning
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="No Hydro-Agro informatics center exists"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2029-09-30" />
<target value="Center established and operational">
<comment><narrative>
This climate indicator reports on the status of establishing and operationalizing the center to provide data services for boosting climate resilience to droughts and (agricultural) water scarcity.
</narrative></comment>
</target>
<actual value="No Hydro-Agro informatics center exists">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Landowners with access to improved irrigation and drainage services
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2029-09-30" />
<target value="36,377.00">
<comment><narrative>
This gender-disaggregated indicator measures the cumulative number of current and potential water users (includes enterprises and government-owned land) with access to improved irrigation and/or drainage services resulting from the project interventions. Targeted number will be adjusted upon final selection of the schemes for the project rehabilitation program.

Update: No irrigation rehabilitation works have started
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Landowners with access to improved irrigation and drainage services
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2029-09-30" />
<target value="36,377.00">
<comment><narrative>
This gender-disaggregated indicator measures the cumulative number of current and potential water users (includes enterprises and government-owned land) with access to improved irrigation and/or drainage services resulting from the project interventions. Targeted number will be adjusted upon final selection of the schemes for the project rehabilitation program.

Update: No irrigation rehabilitation works have started
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Irrigation service delivery performance monitoring &amp; decision support system established &amp; operational in central office &amp; selected service centers of Georgian Amelioration in project areas
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="No performance monitoring system exists in Georgian Amelioration."><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2029-09-30" />
<target value="Performance monitoring and decision support system established and operational in GA central and selected service centers in project areas.">
<comment><narrative>
''
</narrative></comment>
</target>
<actual value="The company contracted to undertake institutional assessment of GA. Draft report on GA diagnostic, and Business Process Handbook for GA prepared.">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Irrigation service delivery performance monitoring &amp; decision support system established &amp; operational in central office &amp; selected service centers of Georgian Amelioration in project areas
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="No performance monitoring system exists in Georgian Amelioration."><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2029-09-30" />
<target value="Performance monitoring and decision support system established and operational in GA central and selected service centers in project areas.">
<comment><narrative>
''
</narrative></comment>
</target>
<actual value="No performance monitoring system exists in Georgian Amelioration.">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Increase in gross value of agricultural production in project areas
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2029-09-30" />
<target value="20.00">
<comment><narrative>
Measures changes in the total value of produce based on the farm gate prices. Gross Value Production (GVP) aggregates the value of different annual crops produced in the project area by registered landowners with or without contracts with GA.

Update:  No changes can be measured as the grant program was launched only at the end of April 2025 and no irrigation rehabilitation works have stated .
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Increase in gross value of agricultural production in project areas
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2029-09-30" />
<target value="20.00">
<comment><narrative>
Measures changes in the total value of produce based on the farm gate prices. Gross Value Production (GVP) aggregates the value of different annual crops produced in the project area by registered landowners with or without contracts with GA.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Increase in yields of key crops in farms benefited from project grant facility and improved irrigation services
</narrative></title>
<baseline year="2023" iso-date="2023-03-28" value="0.00"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-03-28" />
<period-end iso-date="2029-09-30" />
<target value="30.00">
<comment><narrative>
Measures increase in yields of beneficiaries.

Update: Grant program started only in late April 2025. No irrigation rehabilitation works have started yet.
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result></iati-activity><iati-activity xml:lang="en" default-currency="USD" last-updated-datetime="2026-09-26T22:16:57" hierarchy="1"><iati-identifier>44000-P177797</iati-identifier><reporting-org ref="44000" type="40"><narrative  xml:lang="en">World Bank</narrative></reporting-org><title xml:lang="en"><narrative>First Green and Resilient Georgia Development Policy Operation</narrative></title><description type="2" xml:lang="en"><narrative><![CDATA[To support Georgia in greening economic activity, mitigating fiscal risks, and building the institutional capacity for better access to land, water, and financial services. ]]></narrative></description><description type="1" xml:lang="en"><narrative><![CDATA[The development objective of the First Green and Resilient Georgia Development Policy Operation (DPO) for Georgia is to support Georgia in greening economic activity, mitigating fiscal risks, and building the institutional capacity for better access to land, water, and financial services. The DPO series is structured around three pillars, with resilience running as a common theme. Pillar 1 aims at greening economic activity and supports Georgia in achieving the mitigation and adaptation goals under Georgia's 2030 climate change strategy and 2021-2023 action plan. Pillar 2 focuses on boosting resilience by mitigating fiscal risks (from disasters and SOEs). Pillar 3 aims at building the institutional capacity for better access to land, water, and financial services, which is expected to lead to an improved allocation and use of resources, thus contributing to improving resilience as well.]]></narrative></description><participating-org role="1" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org><participating-org role="2" xml:lang="en" ref="GE–P0053892"><narrative>Georgia</narrative></participating-org><participating-org role="2" xml:lang="en" ref="GE–P0053892"><narrative>Georgia</narrative></participating-org><participating-org role="3" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org><participating-org role="4" xml:lang="en" ref="GE-COA-0053893"><narrative>Ministry of Environmental Protection and Agriculture of Georgia</narrative></participating-org>
<activity-status code="3" /><activity-date type="1" iso-date="2022-06-21"><narrative>Planned start date of the activity</narrative></activity-date><activity-date type="2" iso-date="2023-03-24"><narrative>Actual start date of the activity</narrative></activity-date><activity-date type="3" iso-date="2024-03-31"><narrative>Planned end date of the activity</narrative></activity-date><activity-date type="4" iso-date="2024-03-31"><narrative>Actual end date of the activity</narrative></activity-date><contact-info type="1"><organisation><narrative>The World Bank</narrative></organisation><person-name><narrative>Miguel Eduardo Sanchez Martin</narrative></person-name><telephone>+1-202-473-1000</telephone><email>msanchezmartin@worldbank.org</email><email>pic@worldbank.org</email><mailing-address><narrative>The World Bank, 1818 H Street, NW, Washington, DC 20433 USA</narrative></mailing-address></contact-info>

















<recipient-country code="GE" percentage="100"><narrative xml:lang="en">GEORGIA</narrative></recipient-country><location>
                <location-reach code="1" />
                <location-id vocabulary="G1" code="611717" />
                <name><narrative>Tbilisi</narrative></name>
                <point srsName="http://www.opengis.net/def/crs/EPSG/0/4326">
                <pos>41.69411 44.833679</pos>
                </point>
                <exactness code="2"/>
                <location-class code="2" />
            </location><sector vocabulary="1" code="24010" percentage="13" xml:lang="en"/><sector vocabulary="1" code="31210" percentage="13" xml:lang="en"/><sector vocabulary="1" code="31140" percentage="13" xml:lang="en"/><sector vocabulary="1" code="41010" percentage="13" xml:lang="en"/><sector vocabulary="1" code="23210" percentage="12" xml:lang="en"/><sector vocabulary="1" code="15117" percentage="12" xml:lang="en"/><sector vocabulary="1" code="15185" percentage="12" xml:lang="en"/><sector vocabulary="1" code="43041" percentage="6" xml:lang="en"/><sector vocabulary="1" code="43031" percentage="6" xml:lang="en"/><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="BZ" percentage="38.0000000" xml:lang="en"><narrative>FY17 - Other Public Administration</narrative></sector><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="AI" percentage="6.00000000" xml:lang="en"><narrative>FY17 - Irrigation and Drainage</narrative></sector><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="AT" percentage="13.0000000" xml:lang="en"><narrative>FY17 - Forestry</narrative></sector><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="WC" percentage="6.00000000" xml:lang="en"><narrative>FY17 - Water Supply</narrative></sector><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="LZ" percentage="12.0000000" xml:lang="en"><narrative>FY17 - Other Energy and Extractives</narrative></sector><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="FA" percentage="13.0000000" xml:lang="en"><narrative>FY17 - Banking Institutions</narrative></sector><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="BH" percentage="12.0000000" xml:lang="en"><narrative>FY17 - Sub-National Government</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000834" percentage="13" xml:lang="en"><narrative>Biodiversity</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000436" percentage="13" xml:lang="en"><narrative>State-owned Enterprise Reform and Privatization</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000085" percentage="13" xml:lang="en"><narrative>Water Resource Management</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000083" percentage="13" xml:lang="en"><narrative>Renewable Natural Resources Asset Management</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000084" percentage="13" xml:lang="en"><narrative>Environmental policies and institutions</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000851" percentage="13" xml:lang="en"><narrative>Water Institutions, Policies and Reform</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000411" percentage="13" xml:lang="en"><narrative>Public Expenditure Management</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000436" percentage="13" xml:lang="en"><narrative>State-owned Enterprise Reform and Privatization</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000013" percentage="13" xml:lang="en"><narrative>Economic Growth and Planning</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000436" percentage="13" xml:lang="en"><narrative>State-owned Enterprise Reform and Privatization</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000831" percentage="13" xml:lang="en"><narrative>Forests Policies and institutions</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000041" percentage="13" xml:lang="en"><narrative>Public Finance Management</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000081" percentage="50" xml:lang="en"><narrative>Climate change</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000725" percentage="13" xml:lang="en"><narrative>Land Administration and Management</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000831" percentage="13" xml:lang="en"><narrative>Forests Policies and institutions</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000862" percentage="13" xml:lang="en"><narrative>Energy Policies &amp; Reform</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000834" percentage="13" xml:lang="en"><narrative>Biodiversity</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000437" percentage="13" xml:lang="en"><narrative>Municipal Institution Building</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000726" percentage="13" xml:lang="en"><narrative>Geospatial Services</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000133" percentage="13" xml:lang="en"><narrative>Green Growth</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000085" percentage="13" xml:lang="en"><narrative>Water Resource Management</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000133" percentage="13" xml:lang="en"><narrative>Green Growth</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000812" percentage="9" xml:lang="en"><narrative>Adaptation</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000084" percentage="13" xml:lang="en"><narrative>Environmental policies and institutions</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000013" percentage="13" xml:lang="en"><narrative>Economic Growth and Planning</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000061" percentage="13" xml:lang="en"><narrative>Gender</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000086" percentage="13" xml:lang="en"><narrative>Energy</narrative></sector><collaboration-type code="2" /><default-aid-type code="A02" xml:lang="en"/><default-tied-status code="5" /><budget type="1" status="1">
<period-start iso-date="2024-03-01"/>
<period-end iso-date="2024-03-31"/>
<value currency="USD" value-date="2024-03-31">50000000.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-03-01"/>
<period-end iso-date="2024-03-31"/>
<value currency="USD" value-date="2024-03-31">50000000.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-03-01"/>
<period-end iso-date="2024-03-31"/>
<value currency="USD" value-date="2024-03-31">0.00</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2024-03-01"/>
<period-end iso-date="2024-03-31"/>
<value currency="USD" value-date="2024-03-31">0.00</value>
</budget>
<capital-spend percentage="0" /><transaction><transaction-type code="2" /><transaction-date iso-date="2023-03-31"/><value value-date="2023-03-31">50000000</value><description xml:lang="en"><narrative>Total Commitment in March Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-53893"><narrative>Ministry of Environmental Protection and Agriculture of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54579"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54698"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54699"><narrative>National Agency of Public Registry</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54700"><narrative>Georgian National Energy and Water Supply Regulatory Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54701"><narrative>National Bank of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54702"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-06-30"/><value value-date="2023-06-30">126530</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-53893"><narrative>Ministry of Environmental Protection and Agriculture of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54579"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54698"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54699"><narrative>National Agency of Public Registry</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54700"><narrative>Georgian National Energy and Water Supply Regulatory Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54701"><narrative>National Bank of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54702"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-07-31"/><value value-date="2023-07-31">50130719</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-53893"><narrative>Ministry of Environmental Protection and Agriculture of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54579"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54698"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54699"><narrative>National Agency of Public Registry</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54700"><narrative>Georgian National Energy and Water Supply Regulatory Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54701"><narrative>National Bank of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54702"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-06-30"/><value value-date="2023-06-30">-126530</value><description xml:lang="en"><narrative>Total Interest Repayment in June Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-53893"><narrative>Ministry of Environmental Protection and Agriculture of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54579"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54698"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54699"><narrative>National Agency of Public Registry</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54700"><narrative>Georgian National Energy and Water Supply Regulatory Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54701"><narrative>National Bank of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54702"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-09-30"/><value value-date="2023-09-30">-410999</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-53893"><narrative>Ministry of Environmental Protection and Agriculture of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54579"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54698"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54699"><narrative>National Agency of Public Registry</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54700"><narrative>Georgian National Energy and Water Supply Regulatory Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54701"><narrative>National Bank of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54702"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-03-31"/><value value-date="2024-03-31">-1175224</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-53893"><narrative>Ministry of Environmental Protection and Agriculture of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54579"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54698"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54699"><narrative>National Agency of Public Registry</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54700"><narrative>Georgian National Energy and Water Supply Regulatory Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54701"><narrative>National Bank of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54702"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-09-30"/><value value-date="2024-09-30">-1199427</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-53893"><narrative>Ministry of Environmental Protection and Agriculture of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54579"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54698"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54699"><narrative>National Agency of Public Registry</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54700"><narrative>Georgian National Energy and Water Supply Regulatory Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54701"><narrative>National Bank of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54702"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-03-31"/><value value-date="2025-03-31">-1007276</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-53893"><narrative>Ministry of Environmental Protection and Agriculture of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54579"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54698"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54699"><narrative>National Agency of Public Registry</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54700"><narrative>Georgian National Energy and Water Supply Regulatory Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54701"><narrative>National Bank of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54702"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-09-30"/><value value-date="2025-09-30">-863111</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-53893"><narrative>Ministry of Environmental Protection and Agriculture of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54579"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54698"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54699"><narrative>National Agency of Public Registry</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54700"><narrative>Georgian National Energy and Water Supply Regulatory Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54701"><narrative>National Bank of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54702"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2026-03-31"/><value value-date="2026-03-31">-758528</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-53893"><narrative>Ministry of Environmental Protection and Agriculture of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54579"><narrative>Ministry of Finance</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54698"><narrative>Ministry of Environmental Protection and Agriculture</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54699"><narrative>National Agency of Public Registry</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54700"><narrative>Georgian National Energy and Water Supply Regulatory Commission</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54701"><narrative>National Bank of Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-54702"><narrative>Ministry of Economy and Sustainable Development</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P177797"><title xml:lang="en"><narrative>Contract Awards</narrative></title><category code="A11" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-detail/P177797?lang=en"><title xml:lang="en"><narrative>Project URL</narrative></title><category code="A12" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P177797"><title xml:lang="en"><narrative>Procurement Notices</narrative></title><category code="A10" /></document-link><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of green loans in new loans following the adoption of the sustainable finance taxonomy.
</narrative></title>
<baseline year="2021" iso-date="2021-12-15" value=""><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-15" />
<period-end iso-date="2025-12-15" />
<target value="3">
<comment><narrative>
Not Achieved
</narrative></comment>
</target>
<actual value="2.3">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of line ministries that have implemented gender budget tagging.
</narrative></title>
<baseline year="2022" iso-date="2022-12-15" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-12-15" />
<period-end iso-date="2025-12-15" />
<target value="80">
<comment><narrative>
Achieved
</narrative></comment>
</target>
<actual value="97">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of all Public Corporations that have established supervisory boards in line with the independence criteria defined by the Corporate Governance Code for SOEs (in accordance with the qualification
</narrative></title>
<baseline year="2022" iso-date="2022-12-15" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-12-15" />
<period-end iso-date="2025-12-15" />
<target value="50">
<comment><narrative>
Not Achieved
</narrative></comment>
</target>
<actual value="0">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Amount of private finance pre-arranged through insurances to fund disaster response (GEL).
</narrative></title>
<baseline year="2022" iso-date="2022-12-15" value="166000"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-12-15" />
<period-end iso-date="2025-12-15" />
<target value="250000">
<comment><narrative>
Not achieved
</narrative></comment>
</target>
<actual value="188000">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of SOEs that are loss-making.
</narrative></title>
<baseline year="2021" iso-date="2021-12-15" value="52"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-15" />
<period-end iso-date="2025-12-15" />
<target value="40">
<comment><narrative>
Not Achieved
</narrative></comment>
</target>
<actual value="51">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Area of forests where restoration works have been carried out, in ha.
</narrative></title>
<baseline year="2022" iso-date="2022-12-15" value="2000"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-12-15" />
<period-end iso-date="2025-12-15" />
<target value="5700">
<comment><narrative>
Achieved
</narrative></comment>
</target>
<actual value="6208.9">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of active e-money accounts by merchants.
</narrative></title>
<baseline year="2022" iso-date="2022-12-15" value="280"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-12-15" />
<period-end iso-date="2025-12-15" />
<target value="1500">
<comment><narrative>
Not Achieved
</narrative></comment>
</target>
<actual value="310">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of active e-money accounts by merchants.
</narrative></title>
<baseline year="2022" iso-date="2022-12-15" value="280"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-12-15" />
<period-end iso-date="2025-12-15" />
<target value="1500">
<comment><narrative>
Not Achieved
</narrative></comment>
</target>
<actual value="310">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Water tariff coverage of operations and maintenance costs of “Georgia Amelioration” for irrigation service provision.
</narrative></title>
<baseline year="2021" iso-date="2021-12-15" value="25"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-15" />
<period-end iso-date="2025-12-15" />
<target value="100">
<comment><narrative>
Not Achieved
</narrative></comment>
</target>
<actual value="0">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of yearly requests processed and fulfilled through the National Spatial Data Infrastructure (NSDI) web portal.
</narrative></title>
<baseline year="2021" iso-date="2021-12-15" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-15" />
<period-end iso-date="2025-12-15" />
<target value="8000">
<comment><narrative>
Achieved
</narrative></comment>
</target>
<actual value="59885">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Amount of private finance pre-arranged through insurances to fund disaster response (GEL).
</narrative></title>
<baseline year="2022" iso-date="2022-12-15" value="166000"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-12-15" />
<period-end iso-date="2025-12-15" />
<target value="250000">
<comment><narrative>
Not achieved
</narrative></comment>
</target>
<actual value="188000">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of SOEs that are loss-making.
</narrative></title>
<baseline year="2021" iso-date="2021-12-15" value="52"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-15" />
<period-end iso-date="2025-12-15" />
<target value="40">
<comment><narrative>
Not Achieved
</narrative></comment>
</target>
<actual value="51">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of all Public Corporations that have established supervisory boards in line with the independence criteria defined by the Corporate Governance Code for SOEs (in accordance with the qualification
</narrative></title>
<baseline year="2022" iso-date="2022-12-15" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-12-15" />
<period-end iso-date="2025-12-15" />
<target value="50">
<comment><narrative>
Not Achieved
</narrative></comment>
</target>
<actual value="0">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Area of forests where restoration works have been carried out, in ha.
</narrative></title>
<baseline year="2022" iso-date="2022-12-15" value="2000"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-12-15" />
<period-end iso-date="2025-12-15" />
<target value="5700">
<comment><narrative>
Achieved
</narrative></comment>
</target>
<actual value="6208.9">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of newly contracted renewable energy capacity that is competitively awarded.
</narrative></title>
<baseline year="2022" iso-date="2022-12-15" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-12-15" />
<period-end iso-date="2025-12-15" />
<target value="100">
<comment><narrative>
Not Achieved
</narrative></comment>
</target>
<actual value="79">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of green loans in new loans following the adoption of the sustainable finance taxonomy.
</narrative></title>
<baseline year="2021" iso-date="2021-12-15" value=""><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-15" />
<period-end iso-date="2025-12-15" />
<target value="3">
<comment><narrative>
Not Achieved
</narrative></comment>
</target>
<actual value="2.3">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of line ministries that have implemented gender budget tagging.
</narrative></title>
<baseline year="2022" iso-date="2022-12-15" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-12-15" />
<period-end iso-date="2025-12-15" />
<target value="80">
<comment><narrative>
Achieved
</narrative></comment>
</target>
<actual value="97">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of line ministries that have implemented climate change budget tagging.
</narrative></title>
<baseline year="2022" iso-date="2022-12-15" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-12-15" />
<period-end iso-date="2025-12-15" />
<target value="80">
<comment><narrative>
Achieved
</narrative></comment>
</target>
<actual value="85">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of large industrial facilities inspected to assess compliance with the requirements of the Best Available Techniques Conclusions.
</narrative></title>
<baseline year="2022" iso-date="2022-12-15" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-12-15" />
<period-end iso-date="2025-12-15" />
<target value="3">
<comment><narrative>
Achieved
</narrative></comment>
</target>
<actual value="5">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of yearly requests processed and fulfilled through the National Spatial Data Infrastructure (NSDI) web portal.
</narrative></title>
<baseline year="2021" iso-date="2021-12-15" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-15" />
<period-end iso-date="2025-12-15" />
<target value="8000">
<comment><narrative>
Achieved
</narrative></comment>
</target>
<actual value="59885">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Water tariff coverage of operations and maintenance costs of “Georgia Amelioration” for irrigation service provision.
</narrative></title>
<baseline year="2021" iso-date="2021-12-15" value="25"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2021-12-15" />
<period-end iso-date="2025-12-15" />
<target value="100">
<comment><narrative>
Not Achieved
</narrative></comment>
</target>
<actual value="0">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of newly contracted renewable energy capacity that is competitively awarded.
</narrative></title>
<baseline year="2022" iso-date="2022-12-15" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-12-15" />
<period-end iso-date="2025-12-15" />
<target value="100">
<comment><narrative>
Not Achieved
</narrative></comment>
</target>
<actual value="79">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of line ministries that have implemented climate change budget tagging.
</narrative></title>
<baseline year="2022" iso-date="2022-12-15" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-12-15" />
<period-end iso-date="2025-12-15" />
<target value="80">
<comment><narrative>
Achieved
</narrative></comment>
</target>
<actual value="85">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of large industrial facilities inspected to assess compliance with the requirements of the Best Available Techniques Conclusions.
</narrative></title>
<baseline year="2022" iso-date="2022-12-15" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2022-12-15" />
<period-end iso-date="2025-12-15" />
<target value="3">
<comment><narrative>
Achieved
</narrative></comment>
</target>
<actual value="5">

</actual>
</period>
</indicator>
</result></iati-activity><iati-activity xml:lang="en" default-currency="USD" last-updated-datetime="2026-09-26T22:16:57" hierarchy="1"><iati-identifier>44000-P179950</iati-identifier><reporting-org ref="44000" type="40"><narrative  xml:lang="en">World Bank</narrative></reporting-org><title xml:lang="en"><narrative>Enhancing Energy Security through Power Interconnection and Renewable Energy Program</narrative></title><description type="2" xml:lang="en"><narrative><![CDATA[Enhance the implementation readiness of the Black Sea Submarine Cable Project.]]></narrative></description><description type="1" xml:lang="en"><narrative><![CDATA[BackgroundThe Black Sea Submarine Cable (BSSC) Project represents one of the most strategic and ambitious energy and digital connectivity initiatives in the South Caucasus and Southeast Europe. The proposed BSSC Project would include parallel electricity and fiber-optic submarine cable interconnections across the Black Sea, with landing points in Georgia and Romania. Increased electricity trade through the electricity interconnection is expected to enable renewable energy (RE) development in the South Caucasus and contribute to the decarbonization of energy supply, enhanced energy security, and electricity supply reliability on both sides of the interconnection. The digital interconnection would reduce internet connection costs, improve bandwidth, and build redundancy for international digital connectivity across the Black Sea. Besides Georgia and Romania, Hungary, Azerbaijan, and potentially other countries in the South Caucasus and Southeast Europe are expected to participate in the financing of the BSSC Project.With the proposed Enhancing Energy Security through Power Interconnection and Renewable Energy (ESPIRE) Multiphase Programmatic Approach (MPA) Program, the World Bank will support the preparatory activities for the BSSC Project (Phase 1), enabling on-land infrastructure (Phase 2), as well as the BSSC Project itself (Phase 3). The Bank's involvement would provide systematic, multi-year support under the MPA framework to help improve the quality of preparation of the BSSC Project and increase its like likelihood of success. Phase 1 would enhance the technical, commercial, institutional, social and environmental framework of the BSSC Project through preparatory studies, capacity building and technical assistance, including the establishment of adequate institutional mechanisms for intergovernmental coordination and decision-making; Phase 2 would finance on-land transmission grid strengthening in Georgia (and in other countries, if requested by the respective governments) to enable electricity exchanges through the submarine cable system; and Phase 3 would finance, together with other financiers, the eventual construction of the submarine cable system (the BSSC Project itself) if it goes ahead. The financing for the fiber-optic cable component in the same seabed corridor is expected to attract significant private sector investment. Georgia would be the Borrower for Phase 1 and 2, while other participating countries may be supported in Phases 2 and 3.MPA FrameworkThe MPA will be structured as a simultaneous MPA with partially overlapping phases supporting a clearly defined overall MPA Program scope. This will provide the ability for the phases to adapt to reflect overall progress and timelines, as well as structuring and financing decisions for the BSSC Project. A description of the activities expected in each phase is summarized below:a.	Phase 1: Preparatory activities for the BSSC project including technical assistance and capacity building (US$35 million IBRD loan). This phase would finance: (i) the geophysical and geotechnical investigations of the Black Sea seabed to identify a corridor for the power and fiber-optic cable system (the two key technical studies that still need to be carried out as part of the feasibility study process), and (ii) legal and financial advisory, TA, capacity building, and knowledge transfer to support financial negotiations, institutional strengthening and stakeholder engagement at both the Georgian and intergovernmental levels, and preparatory technical and Environmental and Social (E&amp;S) studies. More details on Phase 1 are provided in the Section II (Project Description). The borrower will be Georgia, while the implementing agency will be GSE.b.	Phase 2: On-land transmission grid strengthening. The second phase would finance investments required to strengthen the Georgian transmission network to interconnect and transmit power through the BSSC. These investments would include an overhead transmission line (OHL) connecting the site of the new converter station at the landing point of the BSSC (near Anaklia, on the Black Sea coast) to Georgia's backbone high-voltage transmission network. The expected connection points with Georgia's transmission network would be the Jvari substation (approximately 40 km of OHL) and/or the Tskaltubo substation (approximately 75 km), but the exact routing of the OHL is still under consideration. Procurement for the construction of the OHL would start early enough to be ready for construction immediately after the final investment decision (FID) of the BSSC is taken. The borrower would be Georgia, while the implementing agency would be GSE. Phase 2 would also include a comprehensive TA component to support fulfilment of the pre-conditions to proceed with Phase 3 as well as, inter alia, the development of a roadmap for ENTSO-E integration  and continued support for the cooperation and coordination among the countries involved in the Project.c.	Phase 3 (BSSC Project): Submarine cable system including converter stations (estimated IBRD financing envelope of up to US$420 million). The interconnection would stretch for an estimated 1,200 km, of which about 1,100 km would be via a submarine cable system at a depth of up to 2,200 m. The overall cost estimate for the BSSC and the two associated converter stations (in Georgia and Romania) is in the range of US$3.1-3.7 billion, depending among other things on the capacity of the interconnection. While the evaluation of project structuring and financing options is still ongoing as part of the feasibility study, the government of Georgia expects a substantial share of public financing to be needed to build the project. Substantial leveraging of public and private financing from a range of investors and financiers is expected as part of the overall project structure. Private financing is expected especially for the fiber-optic cable portion, to be confirmed by market sounding. Phase 3 would provide financing for a share of Georgia's public borrowing for the BSSC, as well as TA. The implementing agency would be the BSSC Project company.Detailed Description of Phase 1(i)	Component 1: Geophysical and geotechnical surveys of the Black Sea seabed (US$30 million)This component would finance (i) the surveys of the Black Sea seabed (“seabed surveys”), (ii) the supervision of the two studies, and (iii) capacity building and knowledge transfer to support GSE and the government of Georgia in designing, procuring, and executing them. The seabed survey corridor is based on the geological investigation, which is part of the scope of the ongoing feasibility study and recommended a corridor for the interconnector routing based on all applicable guidelines and laws, available knowledge of the geological and geotechnical aspects of the Black Sea, existing subsea infrastructure, fishing locations, shipping routes, environmental aspects, and other constraints that may impact the installation and maintenance of the interconnector. The seabed surveys consist of geotechnical and geophysical investigations of the seabed corridor and an unexploded ordinance (UXO) survey. Besides financing the investigations, this component will finance the supervision contract for the two studies and will offer GSE and the government capacity building for the definition of the technical design of the studies, their procurement process, and their implementation.(ii)	Component 2: Legal and financial advisory and technical assistance (US$5 million)This component would finance advisory and TA activities to support the preparation of the BSSC Project:•	Institutional, legal, and financial advisory. This activity would provide: (i) capacity building to the government for the establishment and operationalization of the IWG, and (ii) legal and financial advice to it on the most relevant tasks needed for the successful preparation and implementation of the BSSC Project, including the structurin]]></narrative></description><participating-org role="1" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org><participating-org role="2" xml:lang="en" ref="GE–P0054711"><narrative>Georgia</narrative></participating-org><participating-org role="2" xml:lang="en" ref="GE–P0054711"><narrative>Georgia</narrative></participating-org><participating-org role="2" xml:lang="en" ref="GE–P0054713"><narrative>Ministry of Economy and Sustainable Development</narrative></participating-org><participating-org role="2" xml:lang="en" ref="GE–P0054713"><narrative>Ministry of Economy and Sustainable Development</narrative></participating-org><participating-org role="3" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org><participating-org role="4" xml:lang="en" ref="GE-COA-0054712"><narrative>Georgian State Electrosystem</narrative></participating-org>
<activity-status code="2" /><activity-date type="1" iso-date="2024-05-21"><narrative>Planned start date of the activity</narrative></activity-date><activity-date type="2" iso-date="2024-05-21"><narrative>Actual start date of the activity</narrative></activity-date><activity-date type="3" iso-date="2029-06-30"><narrative>Planned end date of the activity</narrative></activity-date><activity-date type="4" iso-date="2029-06-30"><narrative>Actual end date of the activity</narrative></activity-date><contact-info type="1"><organisation><narrative>The World Bank</narrative></organisation><person-name><narrative>Joern Thorsten Huenteler</narrative></person-name><telephone>+1-202-473-1000</telephone><email>jhuenteler@worldbank.org</email><email>pic@worldbank.org</email><mailing-address><narrative>The World Bank, 1818 H Street, NW, Washington, DC 20433 USA</narrative></mailing-address></contact-info>






<contact-info type="2">
<mailing-address><narrative>
2 Nikoloz Baratashvili St, T'bilisi, Georgia, +995 32 2 510 140, info@gse.com.ge

</narrative></mailing-address></contact-info>
<contact-info type="2">
<mailing-address><narrative>
2 Nikoloz Baratashvili St, T'bilisi, Georgia, +995 32 2 510 140, info@gse.com.ge

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                <name><narrative>Tbilisi</narrative></name>
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<budget type="1" status="1">
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<capital-spend percentage="100" /><transaction><transaction-type code="2" /><transaction-date iso-date="2024-05-31"/><value value-date="2024-05-31">35000000</value><description xml:lang="en"><narrative>Total Commitment in May Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-54712"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2025-02-28"/><value value-date="2025-02-28">84981</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-54712"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2025-05-31"/><value value-date="2025-05-31">2215800</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-54712"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2025-10-31"/><value value-date="2025-10-31">13948</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-54712"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-02-28"/><value value-date="2025-02-28">-84981</value><description xml:lang="en"><narrative>Total Interest Repayment in February Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-54712"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-07-31"/><value value-date="2025-07-31">-103897</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-54712"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2026-01-31"/><value value-date="2026-01-31">-81659</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-54712"><narrative>Georgian State Electrosystem</narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P179950"><title xml:lang="en"><narrative>Contract Awards</narrative></title><category code="A11" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-detail/P179950?lang=en"><title xml:lang="en"><narrative>Project URL</narrative></title><category code="A12" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P179950"><title xml:lang="en"><narrative>Procurement Notices</narrative></title><category code="A10" /></document-link><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Level of satisfaction among citizens and other stakeholders involved in the citizen engagement activities under the Program
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="n.a."><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2028-06-01" />
<target value="70">
<comment><narrative>
The CE activities have not yet begun.
</narrative></comment>
</target>
<actual value="n.a.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
The geophysical and geotechnical investigations of the Black Sea seabed for the BSSC Project have been completed
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2026-06-01" />
<target value="Yes">
<comment><narrative>
The seabed survey activities have not yet begun.
</narrative></comment>
</target>
<actual value="No.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of female interns at GSE
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="29"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2029-06-01" />
<target value="40">
<comment><narrative>
GSE continues its paid internship program and attracting young female graduates through university visits, information sessions, open days, and participation in employment forums.
</narrative></comment>
</target>
<actual value="29">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of female interns at GSE
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="29"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2029-06-01" />
<target value="40">
<comment><narrative>
GSE continues its paid internship program and attracting young female graduates through university visits, information sessions, open days, and participation in employment forums. The WB is supporting through advise on improvements to the internship program.
</narrative></comment>
</target>
<actual value="16">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
A roadmap for alignment of the Georgian power sector with EU and ENTSO-E regulations has been adopted and is under implementation, with the wholesale market opening and unbundling reforms completed
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2026-06-01" />
<target value="Yes">
<comment><narrative>
The unbundling process of the generation and transmission state owned enterprises is finalized. Georgia opened day-ahead market on voluntary basis. Full opening of the wholesale electricity market has shifted by 2027.
</narrative></comment>
</target>
<actual value="Partially">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
The technical, environmental, and social documentation of the BSSC Project and the OHLs in Georgia and Romania is ready for implementation
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2028-06-01" />
<target value="Yes">
<comment><narrative>
Technical documents were prepared during the FS, but E&amp;S documentation is not developed and the seabed surveys (financed by Phase 1) have not yet begun..
</narrative></comment>
</target>
<actual value="Partially">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
A roadmap for alignment of the Georgian power sector with EU and ENTSO-E regulations has been adopted and is under implementation, with the wholesale market opening and unbundling reforms completed
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2026-06-01" />
<target value="Yes">
<comment><narrative>
The unbundling process of the generation and transmission state owned enterprises is finalized. Georgia opened day-ahead market on voluntary basis. Full opening of the wholesale electricity market has shifted by 2027.
</narrative></comment>
</target>
<actual value="Partially">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
An investment stage project company for the implementation of the BSSC Project has been formed and cost allocation between participating countries has been decided
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2028-06-01" />
<target value="Yes">
<comment><narrative>
Negotiations for the investment stage entity have not yet begun.
</narrative></comment>
</target>
<actual value="No.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
A pre-investment stage project company for the implementation of the Black Sea Submarine Cable Project has been formed
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2026-06-01" />
<target value="Yes">
<comment><narrative>
Following GoG's decision to advance the project on a bilateral basis  with Romania, independent of the Azerbaijani-led Green Energy Corridor under JV GECO, GSE and Transelectrica signed an MoU in February 2026 to coordinate BSSC project implementation. Creation of working group is under preparation.
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
An investment stage project company for the implementation of the BSSC Project has been formed and cost allocation between participating countries has been decided
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2028-06-01" />
<target value="Yes">
<comment><narrative>
Negotiations for the investment stage entity have not yet begun.
</narrative></comment>
</target>
<actual value="No.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of GSE's female interns receiving full-time employment in the energy sector within 12 months after graduation or completion of the internship (whichever is later)
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="n.a."><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2029-06-01" />
<target value="30">
<comment><narrative>
Part of the 2025 internship program are still in progress, and hiring decisions will be finalized upon completion. As of May 31, 2025, women account for 18% of interns who have received employment offers. The share of hired female interns by December 31, 2024 accounted for 20%.
</narrative></comment>
</target>
<actual value="n.a.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Level of satisfaction among citizens and other stakeholders involved in the citizen engagement activities under the Program
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="n.a."><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2028-06-01" />
<target value="70">
<comment><narrative>
The CE activities have not yet begun.
</narrative></comment>
</target>
<actual value="n.a.">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
A roadmap for alignment of the Georgian power sector with EU and ENTSO-E regulations has been adopted and is under implementation, with the wholesale market opening and unbundling reforms completed
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2026-06-01" />
<target value="Yes">
<comment><narrative>
The unbundling process of the generation and transmission state owned enterprises is finalized. Georgia opened day-ahead market on voluntary basis. Full opening of the wholesale electricity market has shifted to 2027. Work on the gap analysis to cover other elements of the roadmap is ongoing.
</narrative></comment>
</target>
<actual value="Partially">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
A geophysically and geotechnically viable corridor for a submarine cable system (power and digital) between the South Caucasus and Southeast Europe across the Black Sea has been identified
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2026-06-01" />
<target value="Yes">
<comment><narrative>
The seabed survey activities have not yet begun.
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Level of satisfaction among citizens and other stakeholders involved in the citizen engagement activities under the Program
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="n.a."><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2028-06-01" />
<target value="70">
<comment><narrative>
The CE activities have not yet begun.
</narrative></comment>
</target>
<actual value="n.a.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of female interns at GSE
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="29"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2029-06-01" />
<target value="40">
<comment><narrative>
GSE continues its paid internship program and attracting young female graduates through university visits, information sessions, open days, and participation in employment forums.
</narrative></comment>
</target>
<actual value="29">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Intra-governmental institutions with the capacity to coordinate and facilitate green energy projects between the S. Caucasus and Southeast Europe have been established and operationalized in Georgia
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2025-06-01" />
<target value="Yes">
<comment><narrative>
The interministerial Working Group in Georgia for the BSSC Project has not yet been established.
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
A roadmap for alignment of the Georgian power sector with EU and ENTSO-E regulations has been developed
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2025-06-01" />
<target value="Yes">
<comment><narrative>
Delayed. MoESD is undertaking the gap analyses on 4th EU Electricity Market Package. The WB has been supporting the GoG on transposition of the TEN-E regulation. The regulator GNERC started discussions and consultations with GSE on required steps too meet the EU requirements by the time the project is implemented. GNERC has started discussions with GSE on the steps required to meet EU requirements ahead of project implementation.
</narrative></comment>
</target>
<actual value="No.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
GSE's organizational Code of Conduct has been updated to ensure that it adequately covers sexual exploitation and abuse/sexual harassment (SEA/SH) issues
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2028-06-01" />
<target value="Yes">
<comment><narrative>
The Code of Ethics and Conduct (approved in 2021) has not been updated, however, GSE plans to update the corporate governance documents (including Code of Ethics and Conduct) and will be included the Compliance Officer's 2026 Action Plan, inclusion of SEA/SH issues will be considered during this process.
</narrative></comment>
</target>
<actual value="No.">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
A geophysically and geotechnically viable corridor for a submarine cable system (power and digital) between the South Caucasus and Southeast Europe across the Black Sea has been identified
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2026-06-01" />
<target value="Yes">
<comment><narrative>
The seabed survey activities have not yet begun.
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
A domestic Interministerial Working Group with the capacity to facilitate decision-making within the Government of Georgia with regard to the BSSC Project has been established and operationalized
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2025-06-01" />
<target value="Yes">
<comment><narrative>
The interministerial Working Group in Georgia for the BSSC Project has not yet been established. A draft decree for its establishment has been prepared in March 2026.
</narrative></comment>
</target>
<actual value="No.">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
A geophysically and geotechnically viable corridor for a submarine cable system (power and digital) between the South Caucasus and Southeast Europe across the Black Sea has been identified
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2026-06-01" />
<target value="Yes">
<comment><narrative>
The seabed survey activities have not yet begun.
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
The BSSC Project has been included in ENTSO-E's TYNDP and has obtained Project of Mutual Interest (PMI) status
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2026-12-01" />
<target value="Yes">
<comment><narrative>
The BSSC Project is included in ENTSO-E's TYNDP and GSE finalized the submission for the upcoming TYNDP 2026 cycle as well.
</narrative></comment>
</target>
<actual value="The BSSC Project is included in ENTSO-E's TYNDP.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
An investment stage project company for the implementation of the BSSC Project has been formed and cost allocation between participating countries has been decided
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2028-06-01" />
<target value="Yes">
<comment><narrative>
Negotiations for the investment stage entity have not yet begun.
</narrative></comment>
</target>
<actual value="No.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
A domestic Interministerial Working Group with the capacity to facilitate decision-making within the Government of Georgia with regard to the BSSC Project has been established and operationalized
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2025-06-01" />
<target value="Yes">
<comment><narrative>
The interministerial Working Group in Georgia for the BSSC Project has not yet been established.
</narrative></comment>
</target>
<actual value="No.">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Intra-governmental institutions with the capacity to coordinate and facilitate green energy projects between the S. Caucasus and Southeast Europe have been established and operationalized in Georgia
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2025-06-01" />
<target value="Yes">
<comment><narrative>
The interministerial Working Group in Georgia for the BSSC Project has not yet been established.
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Necessary permits and approvals required prior to procurement of the BSSC Project have been obtained
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2028-12-01" />
<target value="Yes">
<comment><narrative>
Project activities have not yet begun.
</narrative></comment>
</target>
<actual value="No.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
The geophysical and geotechnical investigations of the Black Sea seabed for the BSSC Project have been completed
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2026-06-01" />
<target value="Yes">
<comment><narrative>
The seabed survey activities have not yet begun.
</narrative></comment>
</target>
<actual value="No.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
A pre-investment stage project company for the implementation of the Black Sea Submarine Cable Project has been formed
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2026-06-01" />
<target value="Yes">
<comment><narrative>
A JV has been established (GECO Power Company, incorporated in Romania).
</narrative></comment>
</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
A roadmap for alignment of the Georgian power sector with EU and ENTSO-E regulations has been developed
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2025-06-01" />
<target value="Yes">
<comment><narrative>
Delayed. MoESD is undertaking the gap analyses on 4th EU Electricity Market Package. The WB has been supporting the GoG on transposition of the TEN-E regulation.
</narrative></comment>
</target>
<actual value="No.">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Intra-governmental institutions with the capacity to coordinate and facilitate green energy projects between the S. Caucasus and Southeast Europe have been established and operationalized in Georgia
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2025-06-01" />
<target value="Yes">
<comment><narrative>
The interministerial Working Group in Georgia for the BSSC Project has not yet been established. A draft decree for its establishment has been prepared.
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
The BSSC Project infrastructure has been designed in a way to enhance its resilience to climate risks
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2028-06-01" />
<target value="Yes">
<comment><narrative>
Project activities have not yet begun.
</narrative></comment>
</target>
<actual value="No.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
A pre-investment stage project company for the implementation of the Black Sea Submarine Cable Project has been formed
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2026-06-01" />
<target value="Yes">
<comment><narrative>
A JV has been established (GECO Power Company, incorporated in Romania).
</narrative></comment>
</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Necessary permits and approvals required prior to procurement of the BSSC Project have been obtained
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2028-12-01" />
<target value="Yes">
<comment><narrative>
Project activities have not yet begun.
</narrative></comment>
</target>
<actual value="No.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
GSE's organizational Code of Conduct has been updated to ensure that it adequately covers sexual exploitation and abuse/sexual harassment (SEA/SH) issues
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2028-06-01" />
<target value="Yes">
<comment><narrative>
The Code of Ethics and Conduct (approved in 2021) has not been updated, however, GSE plans to update the corporate governance documents (including Code of Ethics and Conduct) and will be included the Compliance Officer's 2026 Action Plan, inclusion of SEA/SH issues will be considered during this process.
</narrative></comment>
</target>
<actual value="No.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Necessary permits and approvals required prior to procurement of the BSSC Project have been obtained
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2028-12-01" />
<target value="Yes">
<comment><narrative>
Preparatory works and engagement with government agencies in Romania and Georgia started in March 2026.
</narrative></comment>
</target>
<actual value="No.">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
The technical, environmental, and social documentation of the BSSC Project and the OHLs in Georgia and Romania is ready for implementation
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2028-06-01" />
<target value="Yes">
<comment><narrative>
Technical documents were prepared during the FS, but E&amp;S documentation is not developed and the seabed surveys (financed by Phase 1) have not yet begun..
</narrative></comment>
</target>
<actual value="Partially">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
The BSSC Project infrastructure has been designed in a way to enhance its resilience to climate risks
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2028-06-01" />
<target value="Yes">
<comment><narrative>
BSSC route design activities have not yet begun.
</narrative></comment>
</target>
<actual value="No.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
A roadmap for alignment of the Georgian power sector with EU and ENTSO-E regulations has been developed
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2025-06-01" />
<target value="Yes">
<comment><narrative>
Delayed. MoESD is undertaking the gap analyses on 4th EU Electricity Market Package. The WB has been supporting the GoG on transposition of the TEN-E regulation.
</narrative></comment>
</target>
<actual value="No.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
The BSSC Project has been included in ENTSO-E's TYNDP and has obtained Project of Mutual Interest (PMI) status
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2026-12-01" />
<target value="Yes">
<comment><narrative>
The BSSC Project is included in ENTSO-E's TYNDP and GSE finalized the submission for the upcoming TYNDP 2026 cycle as well.
</narrative></comment>
</target>
<actual value="The BSSC Project is included in ENTSO-E's TYNDP.">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
The technical, environmental, and social documentation of the BSSC Project and the OHLs in Georgia and Romania is ready for implementation
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2028-06-01" />
<target value="Yes">
<comment><narrative>
Technical documents were prepared during the FS, but E&amp;S documentation is not developed and the seabed surveys (financed by Phase 1) have not yet begun..
</narrative></comment>
</target>
<actual value="Partially">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of GSE's female interns receiving full-time employment in the energy sector within 12 months after graduation or completion of the internship (whichever is later)
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="n.a."><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2029-06-01" />
<target value="30">
<comment><narrative>
Part of the 2025 internship program are still in progress, and hiring decisions will be finalized upon completion. As of May 31, 2025, women account for 18% of interns who have received employment offers. The share of hired female interns by December 31, 2024 accounted for 20%.
</narrative></comment>
</target>
<actual value="n.a.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
The geophysical and geotechnical investigations of the Black Sea seabed for the BSSC Project have been completed
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2026-06-01" />
<target value="Yes">
<comment><narrative>
The seabed survey activities have not yet begun.
</narrative></comment>
</target>
<actual value="No.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
The BSSC Project has been included in ENTSO-E's TYNDP and has obtained Project of Mutual Interest (PMI) status
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2026-12-01" />
<target value="Yes">
<comment><narrative>
Achieved on April 1, 2026.
</narrative></comment>
</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
The technical, environmental, and social documentation of the BSSC Project and the OHLs in Georgia and Romania is ready for implementation
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2028-06-01" />
<target value="Yes">
<comment><narrative>
Technical documents were prepared during the FS, but E&amp;S documentation is not developed and the seabed surveys (financed by Phase 1) have not yet begun..
</narrative></comment>
</target>
<actual value="Partially">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
The technical, environmental, and social documentation of the BSSC Project and the OHLs in Georgia and Romania is ready for implementation
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2028-06-01" />
<target value="Yes">
<comment><narrative>
Technical documents were prepared during the FS, but E&amp;S documentation is not developed and the seabed surveys (financed by Phase 1) have not yet begun..
</narrative></comment>
</target>
<actual value="Partially">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
The technical, environmental, and social documentation of the BSSC Project and the OHLs in Georgia and Romania is ready for implementation
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2028-06-01" />
<target value="Yes">
<comment><narrative>
Technical documents were prepared during the FS, but E&amp;S documentation is not developed and the seabed surveys (financed by Phase 1) have not yet begun..
</narrative></comment>
</target>
<actual value="Partially">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
A roadmap for alignment of the Georgian power sector with EU and ENTSO-E regulations has been adopted and is under implementation, with the wholesale market opening and unbundling reforms completed
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2026-06-01" />
<target value="Yes">
<comment><narrative>
The unbundling process of the generation and transmission state owned enterprises is finalized. Georgia opened day-ahead market on voluntary basis. Full opening of the wholesale electricity market has shifted to 2027. Work on the gap analysis to cover other elements of the roadmap is ongoing.
</narrative></comment>
</target>
<actual value="Partially">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
A roadmap for alignment of the Georgian power sector with EU and ENTSO-E regulations has been adopted and is under implementation, with the wholesale market opening and unbundling reforms completed
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2026-06-01" />
<target value="Yes">
<comment><narrative>
The unbundling process of the generation and transmission state owned enterprises is finalized. Georgia opened day-ahead market on voluntary basis. Full opening of the wholesale electricity market has shifted by 2027.
</narrative></comment>
</target>
<actual value="Partially">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
A roadmap for alignment of the Georgian power sector with EU and ENTSO-E regulations has been adopted and is under implementation, with the wholesale market opening and unbundling reforms completed
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2026-06-01" />
<target value="Yes">
<comment><narrative>
The unbundling process of the generation and transmission state owned enterprises is finalized. Georgia opened day-ahead market on voluntary basis. Full opening of the wholesale electricity market has shifted by 2027.
</narrative></comment>
</target>
<actual value="Partially">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Intra-governmental institutions with the capacity to coordinate and facilitate green energy projects between the S. Caucasus and Southeast Europe have been established and operationalized in Georgia
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2025-06-01" />
<target value="Yes">
<comment><narrative>
The interministerial Working Group in Georgia for the BSSC Project has not yet been established. A draft decree for its establishment has been prepared.
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Intra-governmental institutions with the capacity to coordinate and facilitate green energy projects between the S. Caucasus and Southeast Europe have been established and operationalized in Georgia
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2025-06-01" />
<target value="Yes">
<comment><narrative>
The interministerial Working Group in Georgia for the BSSC Project has not yet been established.
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Intra-governmental institutions with the capacity to coordinate and facilitate green energy projects between the S. Caucasus and Southeast Europe have been established and operationalized in Georgia
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2025-06-01" />
<target value="Yes">
<comment><narrative>
The interministerial Working Group in Georgia for the BSSC Project has not yet been established.
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
A geophysically and geotechnically viable corridor for a submarine cable system (power and digital) between the South Caucasus and Southeast Europe across the Black Sea has been identified
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2026-06-01" />
<target value="Yes">
<comment><narrative>
The seabed survey activities have not yet begun.
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
A geophysically and geotechnically viable corridor for a submarine cable system (power and digital) between the South Caucasus and Southeast Europe across the Black Sea has been identified
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2026-06-01" />
<target value="Yes">
<comment><narrative>
The seabed survey activities have not yet begun.
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
A geophysically and geotechnically viable corridor for a submarine cable system (power and digital) between the South Caucasus and Southeast Europe across the Black Sea has been identified
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2026-06-01" />
<target value="Yes">
<comment><narrative>
The seabed survey activities have not yet begun.
</narrative></comment>
</target>
<actual value="No">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of GSE's female interns receiving full-time employment in the energy sector within 12 months after graduation or completion of the internship (whichever is later)
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="n.a."><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2029-06-01" />
<target value="30">
<comment><narrative>
Reflecting data shared by GSE for 2025.
</narrative></comment>
</target>
<actual value="23.5">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
GSE's organizational Code of Conduct has been updated to ensure that it adequately covers sexual exploitation and abuse/sexual harassment (SEA/SH) issues
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2028-06-01" />
<target value="Yes">
<comment><narrative>
The Code of Ethics and Conduct (approved in 2021) has not been updated, however, GSE plans to update the corporate governance documents (including Code of Ethics and Conduct) and will be included the Compliance Officer's 2026 Action Plan, inclusion of SEA/SH issues will be considered during this process.
</narrative></comment>
</target>
<actual value="No.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
A domestic Interministerial Working Group with the capacity to facilitate decision-making within the Government of Georgia with regard to the BSSC Project has been established and operationalized
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2025-06-01" />
<target value="Yes">
<comment><narrative>
The interministerial Working Group in Georgia for the BSSC Project has not yet been established.
</narrative></comment>
</target>
<actual value="No.">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
The BSSC Project infrastructure has been designed in a way to enhance its resilience to climate risks
</narrative></title>
<baseline year="2023" iso-date="2023-12-01" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2023-12-01" />
<period-end iso-date="2028-06-01" />
<target value="Yes">
<comment><narrative>
Project activities have not yet begun.
</narrative></comment>
</target>
<actual value="No.">

</actual>
</period>
</indicator>
</result></iati-activity><iati-activity xml:lang="en" default-currency="USD" last-updated-datetime="2026-09-26T22:16:57" hierarchy="1"><iati-identifier>44000-P513957</iati-identifier><reporting-org ref="44000" type="40"><narrative  xml:lang="en">World Bank</narrative></reporting-org><title xml:lang="en"><narrative>Trans-Caspian Transport Corridor - Georgia Accessibility and Transport Enhancement Project</narrative></title><description type="2" xml:lang="en"><narrative><![CDATA[The Project Development Objective (PDO) is to improve the performance and resilience of the Trans-Caspian Transport Corridor in Georgia.]]></narrative></description><description type="1" xml:lang="en"><narrative><![CDATA[The proposed operation supports Georgia's efforts to strengthen its role as a competitive, resilient, and sustainable transit hub along the Trans-Caspian International Transport Route (TCITR), linking Europe and Asia. Georgia's strategic location between the Black Sea and markets in the South Caucasus and Central Asia positions its transport system as a critical enabler of regional integration and trade diversification. However, efficiency and reliability are constrained by limited rail freight capacity due to an aging locomotive fleet, missing road links along the East–West Highway (EWH) and secondary roads, and institutional capacity gaps in the rail and road sectors.,The Project combines targeted transport infrastructure investments with institutional strengthening, climate resilience, and sustainability measures. It aims to reduce transit times and logistics costs, improve multimodal reliability, strengthen sector governance, and enhance the economic benefits of transport connectivity, including private investment and employment generation. The Project comprises five components:Component 1: Improving Rail Freight Performance and Sustainability – Supports the renewal of electric locomotives and implementation of performance-based institutional, operational, and financial reforms in Georgian Railway to improve freight capacity, reliability, and financial sustainability.Component 2: Road Connectivity Improvements – Finances climate-resilient construction of missing highway links and secondary roads along the East–West and Kakheti corridors, supported by enhanced supervision, road safety measures, and project management capacity.Component 3: Roads Sector Institutional Strengthening – Strengthens the Roads Department's institutional capacity through digitalization, Intelligent Transport Systems, and integration of climate risk screening, resilience planning, and climate-informed asset management.Component 4: Economic Empowerment and Analytics for Regional Integration and Road Sector Sustainability – Supports logistics market strengthening, women's economic participation, and analytical work to enable private sector participation and evidence-based transport policy.Component 5: Contingent Emergency Response Component (CERC) – Provides a mechanism for rapid reallocation of funds to support emergency response and recovery in the event of an eligible crisis.The rail component emphasizes the deployment of modern electric locomotives, associated infrastructure, and capacity-building measures, with disbursements linked to clearly defined Performance-Based Conditions (PBCs) to ensure that capital investments translate into sustained operational, financial, and governance improvements. The road components embed climate change adaptation and resilience through climate-informed design standards, nature-based solutions, enhanced Road Asset Management Systems, and real-time monitoring and incident management via a National Highway Control Center.Overall, the Project is expected to deliver positive environmental and social outcomes through improved modal efficiency, increased use of electric rail traction, enhanced climate resilience of transport infrastructure, improved road safety.  and strengthened institutional capacity, ]]></narrative></description><participating-org role="1" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org><participating-org role="2" xml:lang="en" ref="GE–00011669"><narrative>Ministry of Finance</narrative></participating-org><participating-org role="3" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org><participating-org role="4" xml:lang="en" ref="GE-COA-00011665"><narrative>Roads Department of Georgia of the Ministry of Infrastructure</narrative></participating-org>
<activity-status code="2" /><activity-date type="1" iso-date="2026-06-02"><narrative>Planned start date of the activity</narrative></activity-date><activity-date type="2" iso-date="2026-06-02"><narrative>Actual start date of the activity</narrative></activity-date><activity-date type="3" iso-date="2031-12-31"><narrative>Planned end date of the activity</narrative></activity-date><activity-date type="4" iso-date="2031-12-31"><narrative>Actual end date of the activity</narrative></activity-date><contact-info type="1"><organisation><narrative>The World Bank</narrative></organisation><person-name><narrative>Saroj Ayush</narrative></person-name><telephone>+1-202-473-1000</telephone><email>sayush@worldbank.org</email><email>pic@worldbank.org</email><mailing-address><narrative>The World Bank, 1818 H Street, NW, Washington, DC 20433 USA</narrative></mailing-address></contact-info>





<contact-info type="2">
<mailing-address><narrative>
15 Queen Tamar Avenue, Tbilisi, Georgia
, GR.com.ge
</narrative></mailing-address></contact-info><recipient-country code="GE" percentage="100"><narrative xml:lang="en">GEORGIA</narrative></recipient-country><location>
                <location-reach code="1" />
                <location-id vocabulary="G1" code="611717" />
                <name><narrative>Tbilisi</narrative></name>
                <point srsName="http://www.opengis.net/def/crs/EPSG/0/4326">
                <pos>41.69411 44.833679</pos>
                </point>
                <exactness code="2"/>
                <location-class code="2" />
            </location><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="TTF" percentage="23.0000000" xml:lang="en"><narrative>Public Administration - Transportation</narrative></sector><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="TTW" percentage="51.0000000" xml:lang="en"><narrative>Railways</narrative></sector><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="TTC" percentage="3.00000000" xml:lang="en"><narrative>Urban Transport</narrative></sector><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="TTI" percentage="23.0000000" xml:lang="en"><narrative>Rural and Inter-Urban Roads</narrative></sector><collaboration-type code="2" /><default-aid-type code="C01" xml:lang="en"/><default-tied-status code="5" /><budget type="1" status="1">
<period-start iso-date="2026-06-01"/>
<period-end iso-date="2026-06-30"/>
<value currency="USD" value-date="2026-06-30">0.00</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2026-07-01"/>
<period-end iso-date="2026-07-31"/>
<value currency="USD" value-date="2026-07-31">5891665.67</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2026-08-01"/>
<period-end iso-date="2026-08-31"/>
<value currency="USD" value-date="2026-08-31">5891665.67</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2026-09-01"/>
<period-end iso-date="2026-09-30"/>
<value currency="USD" value-date="2026-09-30">5891665.67</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2026-10-01"/>
<period-end iso-date="2026-10-31"/>
<value currency="USD" value-date="2026-10-31">5891665.67</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2026-11-01"/>
<period-end iso-date="2026-11-30"/>
<value currency="USD" value-date="2026-11-30">5891665.67</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2026-12-01"/>
<period-end iso-date="2026-12-31"/>
<value currency="USD" value-date="2026-12-31">5891665.67</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2027-01-01"/>
<period-end iso-date="2027-01-31"/>
<value currency="USD" value-date="2027-01-31">5891665.67</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2027-02-01"/>
<period-end iso-date="2027-02-28"/>
<value currency="USD" value-date="2027-02-28">5891665.67</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2027-03-01"/>
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<period-start iso-date="2030-03-01"/>
<period-end iso-date="2030-03-31"/>
<value currency="USD" value-date="2030-03-31">5449999.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2030-04-01"/>
<period-end iso-date="2030-04-30"/>
<value currency="USD" value-date="2030-04-30">5449999.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2030-05-01"/>
<period-end iso-date="2030-05-31"/>
<value currency="USD" value-date="2030-05-31">5449999.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2030-06-01"/>
<period-end iso-date="2030-06-30"/>
<value currency="USD" value-date="2030-06-30">5450011.00</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2030-07-01"/>
<period-end iso-date="2030-07-31"/>
<value currency="USD" value-date="2030-07-31">5908332.33</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2030-08-01"/>
<period-end iso-date="2030-08-31"/>
<value currency="USD" value-date="2030-08-31">5908332.33</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2030-09-01"/>
<period-end iso-date="2030-09-30"/>
<value currency="USD" value-date="2030-09-30">5908332.33</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2030-10-01"/>
<period-end iso-date="2030-10-31"/>
<value currency="USD" value-date="2030-10-31">5908332.33</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2030-11-01"/>
<period-end iso-date="2030-11-30"/>
<value currency="USD" value-date="2030-11-30">5908332.33</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2030-12-01"/>
<period-end iso-date="2030-12-31"/>
<value currency="USD" value-date="2030-12-31">5908332.33</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2031-01-01"/>
<period-end iso-date="2031-01-31"/>
<value currency="USD" value-date="2031-01-31">5908332.33</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2031-02-01"/>
<period-end iso-date="2031-02-28"/>
<value currency="USD" value-date="2031-02-28">5908332.33</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2031-03-01"/>
<period-end iso-date="2031-03-31"/>
<value currency="USD" value-date="2031-03-31">5908332.33</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2031-04-01"/>
<period-end iso-date="2031-04-30"/>
<value currency="USD" value-date="2031-04-30">5908332.33</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2031-05-01"/>
<period-end iso-date="2031-05-31"/>
<value currency="USD" value-date="2031-05-31">5908332.33</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2031-06-01"/>
<period-end iso-date="2031-06-30"/>
<value currency="USD" value-date="2031-06-30">5908344.37</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2031-07-01"/>
<period-end iso-date="2031-07-31"/>
<value currency="USD" value-date="2031-07-31">5533332.33</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2031-08-01"/>
<period-end iso-date="2031-08-31"/>
<value currency="USD" value-date="2031-08-31">5533332.33</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2031-09-01"/>
<period-end iso-date="2031-09-30"/>
<value currency="USD" value-date="2031-09-30">5533332.33</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2031-10-01"/>
<period-end iso-date="2031-10-31"/>
<value currency="USD" value-date="2031-10-31">5533332.33</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2031-11-01"/>
<period-end iso-date="2031-11-30"/>
<value currency="USD" value-date="2031-11-30">5533332.33</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2031-12-01"/>
<period-end iso-date="2031-12-31"/>
<value currency="USD" value-date="2031-12-31">5533338.35</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2031-12-01"/>
<period-end iso-date="2031-12-31"/>
<value currency="USD" value-date="2031-12-31">372000000.00</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2031-12-01"/>
<period-end iso-date="2031-12-31"/>
<value currency="USD" value-date="2031-12-31">372000000.00</value>
</budget>
<capital-spend percentage="100" /><transaction><transaction-type code="2" /><transaction-date iso-date="2026-06-30"/><value value-date="2026-06-30">372000000</value><description xml:lang="en"><narrative>Total Commitment in June Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-11665"><narrative>Roads Department of Georgia of the Ministry of Infrastructure</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12651"><narrative>Enterprise Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-13067"><narrative>JSC Georgian Railway </narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2026-08-31"/><value value-date="2026-08-31">0</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><receiver-org xml:lang="en" ref="GE-COA-11665"><narrative>Roads Department of Georgia of the Ministry of Infrastructure</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-12651"><narrative>Enterprise Georgia</narrative></receiver-org><receiver-org xml:lang="en" ref="GE-COA-13067"><narrative>JSC Georgian Railway </narrative></receiver-org><flow-type code="20" /><finance-type code="410" /></transaction>
<document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P513957"><title xml:lang="en"><narrative>Contract Awards</narrative></title><category code="A11" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-detail/P513957?lang=en"><title xml:lang="en"><narrative>Project URL</narrative></title><category code="A12" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P513957"><title xml:lang="en"><narrative>Procurement Notices</narrative></title><category code="A10" /></document-link><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
People benefiting from climate resilient infrastructure
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="66,750">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Statement of Corporate Intent covering the planning period of 2026-2031 is approved by GR supervisory Board
</narrative></title>
<baseline year="2025" iso-date="2025-12-14" value="not present"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2025-12-14" />
<period-end iso-date="2026-06-14" />
<target value="approved and adopted">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Travel time across Kakheti Highway: Tbilisi to Bakurtsikhe
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="63.04"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="46.32">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
All GR's Locomotive Drivers are certified and licensed in accordance with the new licensing and certification rules
</narrative></title>
<baseline year="2026" iso-date="2026-01-14" value="licensing under progress"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-01-14" />
<period-end iso-date="2028-06-14" />
<target value="520 drivers comprising 100 percent of freight and passenger drivers are certified and licensed.">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Increased Average Annual Daily Traffic along Gurjaani and Telavi
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="7,247"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="11000">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Road constructed to climate resilient standards (Gurjaani - Telavi)
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="36.0">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Direct users that benefit from improved access to sustainable transport infrastructure and services
</narrative></title>
<baseline year="2026" iso-date="2026-03-15" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-15" />
<period-end iso-date="2031-03-15" />
<target value="907,827">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Enhanced Supervisory Board functions  and  Accountability
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="GR has a professional supervisory board"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-12-14" />
<target value="Supervisory board's independence, professionalism, and accountability enhanced">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Travel time across Kakheti Highway: Tbilisi to Bakurtsikhe
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="63.04"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-12-15" />
<target value="46.32">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Increased Average Annual Daily Traffic along Badiauri-Bakurtsikhe
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="10,980"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="15000">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Road constructed to climate resilient standards (Gurjaani - Telavi)
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-12-15" />
<target value="36.0">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Travel time across Kakheti Highway: Tbilisi to Bakurtsikhe
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="63.04"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="46.32">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
iRAP star rating of the project roads
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-12-15" />
<target value="3">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Climate risk management embedded in roads planning, design and construction stages
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-12-15" />
<target value="Yes">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Public service Obligation compensation as per PSO agreement is paid to GR
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="interim payment of PSO done"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2029-06-14" />
<target value="PSO payment to be streamlined as per methodology established">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Climate risk management embedded in roads planning, design and construction stages
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="Yes">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Contracts completed with less than 25 percent time and cost overrun
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="65">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Identified sections of GR's Railway tracks are renewed
</narrative></title>
<baseline year="2026" iso-date="2026-01-14" value="65 kms of track renewal identified"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-01-14" />
<period-end iso-date="2028-06-14" />
<target value="all 65 kms track renewed">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Enterprise resource planning system of GR is upgraded
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="legacy system present"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-12-14" />
<target value="advanced version of ERP adopted">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Direct users that benefit from improved access to sustainable transport infrastructure and services
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-12-14" />
<target value="907,827">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Increase in average monthly production volume among supported women-led rural businesses
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="20">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of citizens who assess the information and consultation measures related to road construction as effective
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-12-15" />
<target value="70">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Digital Traffic Management Center Built, Equipped and Operational
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="Yes">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Public service Obligation compensation as per PSO agreement in between GR, GoG and RTA is paid to GR
</narrative></title>
<baseline year="2026" iso-date="2026-01-14" value="interim payment of PSO done"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-01-14" />
<period-end iso-date="2027-06-14" />
<target value="PSO payment to be streamlined as per methodology established">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Increased Average Annual Daily Traffic along Gurjaani and Telavi
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="7,247"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-12-15" />
<target value="9,472">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Grievances resolved within an accepted timeframe
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="100">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
The Regional Connectivity and Trade Study produced
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="Yes">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Increase in average monthly production volume among supported women-led rural businesses
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-12-15" />
<target value="20">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Identified sections of GR's Railway tracks are renewed
</narrative></title>
<baseline year="2026" iso-date="2026-01-14" value="65 kms of track renewal identified"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-01-14" />
<period-end iso-date="2028-06-14" />
<target value="all 65 kms track renewed">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Road constructed to climate resilient standards  (Kakheti Highway)
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="30.8">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Road constructed to climate resilient standards (Gurjaani - Telavi)
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="36.0">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Direct users that benefit from improved access to sustainable transport infrastructure and services
</narrative></title>
<baseline year="1900" iso-date="1900-01-01" value=""><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="1900-01-01" />
<period-end iso-date="2031-03-15" />
<target value="">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Direct users that benefit from improved access to sustainable transport infrastructure and services
</narrative></title>
<baseline year="2026" iso-date="2026-03-15" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-15" />
<period-end iso-date="2031-03-15" />
<target value="907,827">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Direct users that benefit from improved access to sustainable transport infrastructure and services
</narrative></title>
<baseline year="2026" iso-date="2026-03-15" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-15" />
<period-end iso-date="2031-03-15" />
<target value="907,827">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Direct users that benefit from improved access to sustainable transport infrastructure and services
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-12-14" />
<target value="907,827">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Identified sections of GR's Railway tracks are renewed
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="65 kms of track renewal identified"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-12-14" />
<target value="all 65 kms track renewed">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Travel time between Poti Port and Lagodekhi border crossing
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="410"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="390">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Annual sustainability report gradually aligned with European Sustainability Reporting Standards is published by GR
</narrative></title>
<baseline year="2026" iso-date="2026-01-14" value="present as per Green Bond Framework"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-01-14" />
<period-end iso-date="2027-06-14" />
<target value="ESRS compliant reporting">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Climate Risk Screening System at RD Established
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="Yes">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Enterprise resource planning system of GR is upgraded
</narrative></title>
<baseline year="2026" iso-date="2026-06-14" value="legacy system present"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-06-14" />
<period-end iso-date="2028-06-14" />
<target value="advanced version of ERP adopted">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Study on Road Tolls Produced
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="Yes">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Enhanced Locomotive availabilty
</narrative></title>
<baseline year="2026" iso-date="2026-01-14" value="65 percent"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-01-14" />
<period-end iso-date="2030-06-14" />
<target value="95 percent">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Increase in average monthly production volume among supported women-led rural businesses
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="20">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Financial restructuring plan of GR addressing debt profile, refinancing strategy and leverage target is approved by GR Supervisory Board
</narrative></title>
<baseline year="2026" iso-date="2026-01-14" value="not due"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-01-14" />
<period-end iso-date="2027-06-14" />
<target value="A financial restructuring plan is prepared and approved ahead of Eurobond refinancing">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Travel time between Poti Port and Lagodekhi border crossing
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="410"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="390">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Financial restructuring plan of GR addressing debt profile, refinancing strategy and leverage target is approved by GR Supervisory Board
</narrative></title>
<baseline year="2026" iso-date="2026-01-14" value="not due"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-01-14" />
<period-end iso-date="2027-06-14" />
<target value="A financial restructuring plan is prepared and approved ahead of Eurobond refinancing">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Grievances resolved within an accepted timeframe
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="100">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Updated Study on Road Tolls Produced
</narrative></title>
<baseline year="2026" iso-date="2026-03-15" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-15" />
<period-end iso-date="2031-03-15" />
<target value="Yes">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Increased Average Annual Daily Traffic along Badiauri-Bakurtsikhe
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="10,980"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-12-15" />
<target value="14,350">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Grievances resolved within an accepted timeframe
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-12-15" />
<target value="100">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Contracts completed with less than 25 percent time and cost overrun
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-12-15" />
<target value="65">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Production of the Regional Connectivity and Trade Study
</narrative></title>
<baseline year="2031" iso-date="2031-03-15" value="Yes"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2031-03-15" />
<period-end iso-date="2031-03-15" />
<target value="Yes">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Statement of Corporate Intent covering the planning period of 2026-2029 is approved by GR supervisory Board
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="not present"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-12-14" />
<target value="approved and adopted">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
A new state-of-the-art roads control center developed and functional
</narrative></title>
<baseline year="2026" iso-date="2026-03-15" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-15" />
<period-end iso-date="2031-12-15" />
<target value="Yes">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
A new state-of-the-art roads control center developed and functional
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="Yes">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Annual sustainability report gradually aligned with European Sustainability Reporting Standards is published by GR
</narrative></title>
<baseline year="2026" iso-date="2026-01-14" value="present as per Green Bond Framework"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-01-14" />
<period-end iso-date="2027-06-14" />
<target value="ESRS compliant reporting">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Travel time between Telavi and Poti Port through Kakheti highway
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="354"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="311">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
The Regional Connectivity and Trade Study produced
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="Yes">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Climate Risk Screening System at RD Established
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-12-15" />
<target value="Yes">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Statement of Corporate Intent covering the planning period of 2026-2031 is approved by GR supervisory Board
</narrative></title>
<baseline year="2025" iso-date="2025-12-14" value="not present"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2025-12-14" />
<period-end iso-date="2026-06-14" />
<target value="approved and adopted">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Road constructed to climate resilient standards  (Kakheti Highway)
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="30.8">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Travel time across Gurjaani to Telavi
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="52.50"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="27.45">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Enhanced Locomotive availabilty
</narrative></title>
<baseline year="2026" iso-date="2026-01-14" value="65 percent"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-01-14" />
<period-end iso-date="2030-06-14" />
<target value="95 percent">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Professionalisation and Accountability of Supervisory Board
</narrative></title>
<baseline year="2026" iso-date="2026-01-14" value="GR has a professional supervisory board"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-01-14" />
<period-end iso-date="2030-06-14" />
<target value="Supervisory board's independence, professionalism, and accountability enhanced">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Increase in annual revenue per employee generated by GR is achieved
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="N/A as audited annual report of 2025 not published"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-12-14" />
<target value="5 percent increase in value over baseline">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Road constructed to climate resilient standards  (Kakheti Highway)
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-12-15" />
<target value="30.8">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Study on Road Tolls Produced
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="Yes">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Climate risk management embedded in roads planning, design and construction stages
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="Yes">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Travel time between Poti Port and Lagodekhi border crossing
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="338"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-12-15" />
<target value="321">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Professionalisation and Accountability of Supervisory Board
</narrative></title>
<baseline year="2026" iso-date="2026-01-14" value="GR has a professional supervisory board"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-01-14" />
<period-end iso-date="2030-06-14" />
<target value="Supervisory board's independence, professionalism, and accountability enhanced">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Travel time between Poti Port and Lagodekhi border crossing
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="338"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="321">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Enhanced revenues of GR
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="611 million GEL in 2025"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-12-14" />
<target value="20 %">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Travel time between Telavi and Poti Port through Kakheti highway
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="390"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="330">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
A new state-of-the-art roads control center developed and functional
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="Yes">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Adoption and enactment of a performance driven remuneration and incentive policy
</narrative></title>
<baseline year="2026" iso-date="2026-06-14" value="no policy"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-06-14" />
<period-end iso-date="2030-06-14" />
<target value="performance driven remuneration and incentives enacted (contracts signed, the supervisory board has made decisions on remuneration based on performance assessment)">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Study on Road Tolls Produced
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-12-15" />
<target value="Yes">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Contracts completed with less than 25 percent time and cost overrun
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="65">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Digital Traffic Management Center Built, Equipped and Operational
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="Yes">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
People benefiting from climate resilient infrastructure
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-12-15" />
<target value="66,750">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Increased Average Annual Daily Traffic along Badiauri-Bakurtsikhe
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="10,980"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="15000">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Enhanced revenues of GR
</narrative></title>
<baseline year="2025" iso-date="2025-06-14" value="611 million GEL in 2025"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2025-06-14" />
<period-end iso-date="2030-06-14" />
<target value="20 percent increase by 2030">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Increase in annual revenue per employee generated by GR is achieved
</narrative></title>
<baseline year="2025" iso-date="2025-12-14" value="At present some efforts are made and its enhanced to GEL 55000"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2025-12-14" />
<period-end iso-date="2030-06-14" />
<target value="10 percent increase in value over baseline">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
The Regional Connectivity and Trade Study produced
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-12-15" />
<target value="Yes">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Climate Risk Screening System at RD Established
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="Yes">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Adoption and enactment of a performance driven remuneration and incentive policy
</narrative></title>
<baseline year="2026" iso-date="2026-06-14" value="no policy"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-06-14" />
<period-end iso-date="2030-06-14" />
<target value="performance driven remuneration and incentives enacted (contracts signed, the supervisory board has made decisions on remuneration based on performance assessment)">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Enhanced revenues of GR
</narrative></title>
<baseline year="2025" iso-date="2025-06-14" value="611 million GEL in 2025"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2025-06-14" />
<period-end iso-date="2030-06-14" />
<target value="20 percent increase by 2030">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
iRAP star rating of the project roads
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="3">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
All GR's Locomotive Drivers are certified and licensed in accordance with the licensing and certification rules
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="licensing under progress"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-12-14" />
<target value="520 drivers comprising 100 percent of freight and passenger drivers are certified and licensed.">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Travel time across Gurjaani to Telavi
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="52.50"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-12-15" />
<target value="27.45">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Enhanced Locomotive availability
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="65 percent"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-12-14" />
<target value="95 percent">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Increase in annual revenue per employee generated by GR is achieved
</narrative></title>
<baseline year="2025" iso-date="2025-12-14" value="At present some efforts are made and its enhanced to GEL 55000"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2025-12-14" />
<period-end iso-date="2030-06-14" />
<target value="10 percent increase in value over baseline">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Public service Obligation compensation as per PSO agreement in between GR, GoG and RTA is paid to GR
</narrative></title>
<baseline year="2026" iso-date="2026-01-14" value="interim payment of PSO done"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-01-14" />
<period-end iso-date="2027-06-14" />
<target value="PSO payment to be streamlined as per methodology established">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Travel time between Telavi and Poti Port through Kakheti highway
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="354"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-12-15" />
<target value="311">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
All GR's Locomotive Drivers are certified and licensed in accordance with the new licensing and certification rules
</narrative></title>
<baseline year="2026" iso-date="2026-01-14" value="licensing under progress"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-01-14" />
<period-end iso-date="2028-06-14" />
<target value="520 drivers comprising 100 percent of freight and passenger drivers are certified and licensed.">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Adoption and enactment of a performance driven remuneration and incentive policy
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="no policy"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-12-14" />
<target value="performance driven remuneration and incentives enacted (contracts signed, the supervisory board has made decisions on remuneration based on performance assessment)">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Adoption and enactment of a performance driven remuneration and incentive policy
</narrative></title>
<baseline year="2026" iso-date="2026-06-14" value="no policy"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-06-14" />
<period-end iso-date="2030-06-14" />
<target value="performance driven remuneration and incentives enacted (contracts signed, the supervisory board has made decisions on remuneration based on performance assessment)">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Adoption and enactment of a performance driven remuneration and incentive policy
</narrative></title>
<baseline year="2026" iso-date="2026-06-14" value="no policy"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-06-14" />
<period-end iso-date="2030-06-14" />
<target value="performance driven remuneration and incentives enacted (contracts signed, the supervisory board has made decisions on remuneration based on performance assessment)">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Enhanced Supervisory Board functions  and  Accountability
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="GR has a professional supervisory board"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-12-14" />
<target value="Supervisory board's independence, professionalism, and accountability enhanced">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Professionalisation and Accountability of Supervisory Board
</narrative></title>
<baseline year="2026" iso-date="2026-01-14" value="GR has a professional supervisory board"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-01-14" />
<period-end iso-date="2030-06-14" />
<target value="Supervisory board's independence, professionalism, and accountability enhanced">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Professionalisation and Accountability of Supervisory Board
</narrative></title>
<baseline year="2026" iso-date="2026-01-14" value="GR has a professional supervisory board"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-01-14" />
<period-end iso-date="2030-06-14" />
<target value="Supervisory board's independence, professionalism, and accountability enhanced">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Climate risk management embedded in roads planning, design and construction stages
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-12-15" />
<target value="Yes">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Climate risk management embedded in roads planning, design and construction stages
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="Yes">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Climate risk management embedded in roads planning, design and construction stages
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="Yes">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Adoption and enactment of a performance driven remuneration and incentive policy
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="no policy"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-12-14" />
<target value="performance driven remuneration and incentives enacted (contracts signed, the supervisory board has made decisions on remuneration based on performance assessment)">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
A new state-of-the-art roads control center developed and functional
</narrative></title>
<baseline year="2026" iso-date="2026-03-15" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-15" />
<period-end iso-date="2031-12-15" />
<target value="Yes">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
A new state-of-the-art roads control center developed and functional
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="Yes">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
A new state-of-the-art roads control center developed and functional
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="No"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="Yes">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
People benefiting from climate resilient infrastructure
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-12-15" />
<target value="66,750">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
People benefiting from climate resilient infrastructure
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="66,750">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
People benefiting from climate resilient infrastructure
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="66,750">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Enhanced revenues of GR
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="611 million GEL in 2025"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-12-14" />
<target value="20 %">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Enhanced revenues of GR
</narrative></title>
<baseline year="2025" iso-date="2025-06-14" value="611 million GEL in 2025"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2025-06-14" />
<period-end iso-date="2030-06-14" />
<target value="20 percent increase by 2030">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Enhanced revenues of GR
</narrative></title>
<baseline year="2025" iso-date="2025-06-14" value="611 million GEL in 2025"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2025-06-14" />
<period-end iso-date="2030-06-14" />
<target value="20 percent increase by 2030">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Enhanced Locomotive availability
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="65 percent"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-12-14" />
<target value="95 percent">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Annual sustainability report gradually aligned with European Sustainability Reporting Standards is published by GR on website
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="present as per Green Bond Framework"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-12-14" />
<target value="ESRS compliant reporting">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Enhanced Locomotive availabilty
</narrative></title>
<baseline year="2026" iso-date="2026-01-14" value="65 percent"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-01-14" />
<period-end iso-date="2030-06-14" />
<target value="95 percent">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Enhanced Locomotive availabilty
</narrative></title>
<baseline year="2026" iso-date="2026-01-14" value="65 percent"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-01-14" />
<period-end iso-date="2030-06-14" />
<target value="95 percent">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Travel time between Telavi and Poti Port through Kakheti highway
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="354"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-12-15" />
<target value="311">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Travel time between Telavi and Poti Port through Kakheti highway
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="354"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="311">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Travel time between Telavi and Poti Port through Kakheti highway
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="390"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="330">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Enterprise resource planning system of GR is upgraded
</narrative></title>
<baseline year="2026" iso-date="2026-06-14" value="legacy system present"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-06-14" />
<period-end iso-date="2028-06-14" />
<target value="advanced version of ERP adopted">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Direct users that benefit from improved access to sustainable transport infrastructure and services
</narrative></title>
<baseline year="1900" iso-date="1900-01-01" value=""><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="1900-01-01" />
<period-end iso-date="2031-03-15" />
<target value="">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Direct users that benefit from improved access to sustainable transport infrastructure and services
</narrative></title>
<baseline year="2026" iso-date="2026-03-15" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-15" />
<period-end iso-date="2031-03-15" />
<target value="907,827">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of citizens who assess the information and consultation measures related to road construction as effective
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="70">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Inferred beneficiaries of improved access to sustainable transport infrastructure and services
</narrative></title>
<baseline year="2026" iso-date="2026-03-15" value="83,870"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-15" />
<period-end iso-date="2031-03-15" />
<target value="8,3460">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Travel time between Poti Port and Lagodekhi border crossing
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="338"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-12-15" />
<target value="321">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Travel time between Poti Port and Lagodekhi border crossing
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="338"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="321">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Financial restructuring plan of GR addressing debt profile, refinancing strategy and leverage target is approved by GR Supervisory Board
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="not due"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-12-14" />
<target value="A financial restructuring plan is prepared and approved ahead of Eurobond refinancing">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
iRAP star rating of the project roads
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="3">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Inferred beneficiaries of improved access to sustainable transport infrastructure and services
</narrative></title>
<baseline year="2026" iso-date="2026-03-15" value="83,870"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-15" />
<period-end iso-date="2031-03-15" />
<target value="8,3460">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Travel time across Gurjaani to Telavi
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="52.50"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="27.45">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
PD -Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
People benefiting from climate resilient infrastructure
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="66,750">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of citizens who assess the information and consultation measures related to road construction as effective
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="0"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="70">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
IO - Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Increased Average Annual Daily Traffic along Gurjaani and Telavi
</narrative></title>
<baseline year="2026" iso-date="2026-03-14" value="7,247"><comment><narrative></narrative></comment></baseline>
<period>
<period-start iso-date="2026-03-14" />
<period-end iso-date="2031-03-14" />
<target value="11000">

</target>
<actual value="">

</actual>
</period>
</indicator>
</result></iati-activity><iati-activity xml:lang="en" default-currency="USD" last-updated-datetime="2026-09-29T23:55:20" hierarchy="1"><iati-identifier>44000-P149998</iati-identifier><reporting-org ref="44000" type="40">
				<narrative  xml:lang="en">World Bank</narrative>
		</reporting-org><title xml:lang="en">
				<narrative>Private Sector Competitiveness DPO1</narrative>
			</title><description type="2" xml:lang="en">
						<narrative><![CDATA[ The Program Development Objective is to increase private sector competitiveness through second generation business environment reforms, financial sector deepening and diversification, and increasing firms&amp;rsquo; capacity to innovate and to export. ]]></narrative>
					</description><description type="1" xml:lang="en">
						<narrative><![CDATA[The project development objective for the First Programmatic Private Sector Competitiveness Development Policy Operation for Georgia is to increase private sector competitiveness through second generation business environment reforms, financial sector deepening and diversification, and increasing firms? capacity to innovate and to export. This is the first of three programmatic DPOs that will support the reforms addressed in the Socio-economic Development Strategy (SDS) in the two pillars on private sector competitiveness and access to finance. This program is comprised of three pillars. The first pillar will support second generation business environment reforms as a way to stimulate private sector-led growth. Reforms are needed to make the economy more innovative and competitive. Pillar 1 will support measures in the following key areas: enhancing public-private dialogue (PPD) to generate consensus for reforms; eliminating market barriers for entrepreneurship and small and medium enterprises (SME) growth; and strengthening the public procurement system. Pillar 2 will support financial sector development, which is essential for increasing savings and mobilizing the investment needed to enhance competitiveness and promote inclusive growth. Pillar 2 will focus on supply and demand-side constraints faced by the financial sector; in particular, by strengthening financial safety nets, implementing a comprehensive pension reform, and developing more effective capital and insurance markets. Pillar 3 will support measures to improve the absorptive capacity of domestic firms, so they are better equipped to innovate and export, including through the upgrading of broadband internet services in Georgia.]]></narrative>
					</description><participating-org role="1" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org><participating-org role="2" xml:lang="en" ref="GE–ORP0019000"><narrative>Ministry of Finance</narrative></participating-org><participating-org role="2" xml:lang="en" ref="GE–ORP0019000"><narrative>Ministry of Finance</narrative></participating-org><participating-org role="3" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org>
					<participating-org role="1" ref="44002" type="40" xml:lang="en"><narrative>International Development Association</narrative></participating-org>
					<participating-org role="3" ref="44002" type="40" xml:lang="en"><narrative>International Development Association</narrative></participating-org><participating-org role="4" xml:lang="en" ref="GE–ORP0019001"><narrative>Ministry of Economy and Sustainable Development</narrative></participating-org>
<participating-org role="4" xml:lang="en" ref="GE–ORP0019001"><narrative>Ministry of Economy and Sustainable Development</narrative></participating-org>
<activity-status code="3" /><activity-date type="1" iso-date="2015-02-25">						
											<narrative>Planned start date of the activity</narrative>
											</activity-date><activity-date type="2" iso-date="2015-04-28">
						<narrative>Actual start date of the activity</narrative>
						</activity-date><activity-date type="3" iso-date="2015-12-31"><narrative>Planned end date of the activity</narrative>
						</activity-date><activity-date type="4" iso-date="2015-12-31"><narrative>Actual end date of the activity</narrative></activity-date><contact-info type="1">
			<organisation>
				<narrative>The World Bank</narrative>
			</organisation>
			<person-name>
							<narrative>John Gabriel Goddard</narrative>
						</person-name>
				<telephone>+1-202-473-1000</telephone><email>jgoddard@worldbank.org</email>
				<email>pic@worldbank.org</email>
				<mailing-address>
					<narrative>The World Bank, 1818 H Street, NW, Washington, DC 20433 USA</narrative>
				</mailing-address>
			</contact-info>





<recipient-country code="GE" percentage="100"><narrative xml:lang="en">GEORGIA</narrative></recipient-country><location>
							<location-reach code="1" />
							<location-id vocabulary="G1" code="611717" />
							<name><narrative>Tbilisi</narrative></name>
							<point srsName="http://www.opengis.net/def/crs/EPSG/0/4326">
							<pos>41.69411 44.833679</pos>
							</point>
							<exactness code="2"/>
							<location-class code="2" />
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<period-start iso-date="2018-09-01"/>
<period-end iso-date="2018-09-30"/>
<value currency="USD" value-date="2018-09-30">0.0000</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2018-10-01"/>
<period-end iso-date="2018-10-31"/>
<value currency="USD" value-date="2018-10-31">0.0000</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2018-11-01"/>
<period-end iso-date="2018-11-30"/>
<value currency="USD" value-date="2018-11-30">0.0000</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2018-12-01"/>
<period-end iso-date="2018-12-31"/>
<value currency="USD" value-date="2018-12-31">0.0000</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2019-01-01"/>
<period-end iso-date="2019-01-31"/>
<value currency="USD" value-date="2019-01-31">0.0000</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2019-02-01"/>
<period-end iso-date="2019-02-28"/>
<value currency="USD" value-date="2019-02-28">0.0000</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2019-03-01"/>
<period-end iso-date="2019-03-31"/>
<value currency="USD" value-date="2019-03-31">0.0000</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2015-12-31 00:00:00.0000000-12-01"/>
<period-end iso-date="2015-12-31"/>
<value currency="USD" value-date="2015-12-31">60000000.0000</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2015-12-31 00:00:00.0000000-12-01"/>
<period-end iso-date="2015-12-31"/>
<value currency="USD" value-date="2015-12-31">60000000.0000</value>
</budget>
<capital-spend percentage="0" /><transaction><transaction-type code="2" /><transaction-date iso-date="2015-04-30"/><value value-date="2015-04-30">60000000</value><description xml:lang="en"><narrative>Total Commitment in April Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2015-06-30"/><value value-date="2015-06-30">60000000</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2015-06-30"/><value value-date="2015-06-30">-150000</value><description xml:lang="en"><narrative>Total Interest Repayment in June Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2015-10-31"/><value value-date="2015-10-31">-229472</value><description xml:lang="en"><narrative>Total Interest Repayment in October Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2016-04-30"/><value value-date="2016-04-30">-417850</value><description xml:lang="en"><narrative>Total Interest Repayment in April Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2016-10-31"/><value value-date="2016-10-31">-539850</value><description xml:lang="en"><narrative>Total Interest Repayment in October Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-04-30"/><value value-date="2017-04-30">-658233</value><description xml:lang="en"><narrative>Total Interest Repayment in April Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-10-31"/><value value-date="2017-10-31">-716750</value><description xml:lang="en"><narrative>Total Interest Repayment in October Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-04-30"/><value value-date="2018-04-30">-758350</value><description xml:lang="en"><narrative>Total Interest Repayment in April Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-10-31"/><value value-date="2018-10-31">-1052250</value><description xml:lang="en"><narrative>Total Interest Repayment in October Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-04-30"/><value value-date="2019-04-30">-1101100</value><description xml:lang="en"><narrative>Total Interest Repayment in April Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-10-31"/><value value-date="2019-10-31">-1107150</value><description xml:lang="en"><narrative>Total Interest Repayment in October Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-04-30"/><value value-date="2020-04-30">-905850</value><description xml:lang="en"><narrative>Total Interest Repayment in April Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-10-31"/><value value-date="2020-10-31">-677100</value><description xml:lang="en"><narrative>Total Interest Repayment in October Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-04-30"/><value value-date="2021-04-30">-379167</value><description xml:lang="en"><narrative>Total Interest Repayment in April Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-10-31"/><value value-date="2021-10-31">-381250</value><description xml:lang="en"><narrative>Total Interest Repayment in October Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-04-30"/><value value-date="2022-04-30">-360967</value><description xml:lang="en"><narrative>Total Interest Repayment in April Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-10-31"/><value value-date="2022-10-31">-917007</value><description xml:lang="en"><narrative>Total Interest Repayment in October Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-04-30"/><value value-date="2023-04-30">-1634574</value><description xml:lang="en"><narrative>Total Interest Repayment in April Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-10-31"/><value value-date="2023-10-31">-1946396</value><description xml:lang="en"><narrative>Total Interest Repayment in October Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-04-30"/><value value-date="2024-04-30">-2093270</value><description xml:lang="en"><narrative>Total Interest Repayment in April Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-10-31"/><value value-date="2024-10-31">-2078805</value><description xml:lang="en"><narrative>Total Interest Repayment in October Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-04-30"/><value value-date="2025-04-30">-1797780</value><description xml:lang="en"><narrative>Total Interest Repayment in April Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-10-31"/><value value-date="2025-10-31">-1774084</value><description xml:lang="en"><narrative>Total Interest Repayment in October Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2026-04-30"/><value value-date="2026-04-30">-1590151</value><description xml:lang="en"><narrative>Total Interest Repayment in April Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P149998"><title xml:lang="en"><narrative>Contract Awards</narrative></title><category code="A11" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-detail/P149998?lang=en"><title xml:lang="en"><narrative>Project URL</narrative></title><category code="A12" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P149998"><title xml:lang="en"><narrative>Procurement Notices</narrative></title><category code="A10" /></document-link><result type="" aggregation-status="0">
<title><narrative>
rmediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Insurance companies that are in compliance with EU solvency I margin requirements as set for 2017 by the insurance regulator.
</narrative></title>
<baseline year="2013" iso-date="2013-12-31" value="0.00"></baseline>
<period>
<period-start iso-date="2013-12-31" />
<period-end iso-date="2016-12-31" />
<target value="100.00">

</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="" aggregation-status="0">
<title><narrative>
rmediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Score on the Global Innovation Index
</narrative></title>
<baseline year="2013" iso-date="2013-12-31" value="34.53 (GII 2014)"></baseline>
<period>
<period-start iso-date="2013-12-31" />
<period-end iso-date="2016-12-31" />
<target value="37.0 (GII 2017)">

</target>
<actual value="33.83 (GII 2015)">

</actual>
</period>
</indicator>
</result><result type="" aggregation-status="0">
<title><narrative>
rmediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of firms/individuals that obtained innovation finance from GITA
</narrative></title>
<baseline year="2013" iso-date="2013-12-31" value="0.00"></baseline>
<period>
<period-start iso-date="2013-12-31" />
<period-end iso-date="2016-12-31" />
<target value="50.00">

</target>
<actual value="17.00">

</actual>
</period>
</indicator>
</result><result type="" aggregation-status="0">
<title><narrative>
rmediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
The Deposit Insurance Agency has initial capital and launches its operations
</narrative></title>
<baseline year="2013" iso-date="2013-12-31" value="No DIS Agency"></baseline>
<period>
<period-start iso-date="2013-12-31" />
<period-end iso-date="2016-12-31" />
<target value="The Deposit Insurance Agency has initial capital and launches its operations">

</target>
<actual value="No DIS Agency">

</actual>
</period>
</indicator>
</result><result type="" aggregation-status="0">
<title><narrative>
rmediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Incremental private investment in the telecommunications sector
</narrative></title>
<baseline year="2013" iso-date="2013-12-31" value="0.00"></baseline>
<period>
<period-start iso-date="2013-12-31" />
<period-end iso-date="2016-12-31" />
<target value="50000000.00">

</target>
<actual value="26900000.00">

</actual>
</period>
</indicator>
</result><result type="" aggregation-status="0">
<title><narrative>
rmediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
The asset management system for the new contributory pensions has been established and the personified accounts are ready to receive contributions.
</narrative></title>
<baseline year="2013" iso-date="2013-12-31" value="No system placed."></baseline>
<period>
<period-start iso-date="2013-12-31" />
<period-end iso-date="2016-12-31" />
<target value="The asset management system for the new contributory pensions has been established and the personified accounts are ready toreceive contributions.">

</target>
<actual value="No system placed.">

</actual>
</period>
</indicator>
</result><result type="" aggregation-status="0">
<title><narrative>
rmediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Incremental number of certificates issued by GeoSTM
</narrative></title>
<baseline year="2013" iso-date="2013-12-31" value="842"></baseline>
<period>
<period-start iso-date="2013-12-31" />
<period-end iso-date="2016-12-31" />
<target value="9.5% increase">

</target>
<actual value="925 (9.8% increase)">

</actual>
</period>
</indicator>
</result><result type="" aggregation-status="0">
<title><narrative>
rmediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Incremental number of certificates issues by calibration/verification entities that received traceability from GeoSTM
</narrative></title>
<baseline year="2013" iso-date="2013-12-31" value="1800"></baseline>
<period>
<period-start iso-date="2013-12-31" />
<period-end iso-date="2016-12-31" />
<target value="20% increase">

</target>
<actual value="1980 (10% increase)">

</actual>
</period>
</indicator>
</result><result type="" aggregation-status="0">
<title><narrative>
rmediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of SMEs benefiting from EDA services
</narrative></title>
<baseline year="2013" iso-date="2013-12-31" value="0.00"></baseline>
<period>
<period-start iso-date="2013-12-31" />
<period-end iso-date="2016-12-31" />
<target value="100.00">

</target>
<actual value="68.00">

</actual>
</period>
</indicator>
</result><result type="" aggregation-status="0">
<title><narrative>
rmediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Vehicles with MTPL insurance
</narrative></title>
<baseline year="2013" iso-date="2013-12-31" value="0.00"></baseline>
<period>
<period-start iso-date="2013-12-31" />
<period-end iso-date="2016-12-31" />
<target value="25.00">

</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="" aggregation-status="0">
<title><narrative>
rmediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Major draft economic laws that are made available for public review
</narrative></title>
<baseline year="2013" iso-date="2013-12-31" value="0.00"></baseline>
<period>
<period-start iso-date="2013-12-31" />
<period-end iso-date="2016-12-31" />
<target value="100.00">

</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="" aggregation-status="0">
<title><narrative>
rmediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Broadband Internet subscriptions
</narrative></title>
<baseline year="2013" iso-date="2013-12-31" value="33.00"></baseline>
<period>
<period-start iso-date="2013-12-31" />
<period-end iso-date="2016-12-31" />
<target value="45.00">

</target>
<actual value="48.50">

</actual>
</period>
</indicator>
</result><result type="" aggregation-status="0">
<title><narrative>
rmediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of registered users in the e-Procurement system
</narrative></title>
<baseline year="2013" iso-date="2013-12-31" value="15625.00"></baseline>
<period>
<period-start iso-date="2013-12-31" />
<period-end iso-date="2016-12-31" />
<target value="30000.00">

</target>
<actual value="19911.00">

</actual>
</period>
</indicator>
</result><result type="" aggregation-status="0">
<title><narrative>
rmediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of SPA tenders monitored for unlawful practices
</narrative></title>
<baseline year="2013" iso-date="2013-12-31" value="13000.00"></baseline>
<period>
<period-start iso-date="2013-12-31" />
<period-end iso-date="2016-12-31" />
<target value="45000.00">

</target>
<actual value="13000.00">

</actual>
</period>
</indicator>
</result></iati-activity><iati-activity xml:lang="en" default-currency="USD" last-updated-datetime="2026-09-29T23:55:26" hierarchy="1"><iati-identifier>44000-P149953</iati-identifier><reporting-org ref="44000" type="40">
				<narrative  xml:lang="en">World Bank</narrative>
		</reporting-org><title xml:lang="en">
				<narrative>Secondary Road Asset Management Project</narrative>
			</title><description type="2" xml:lang="en">
						<narrative><![CDATA[The Project Development Objectives are (i) to improve road user's access to social services and markets on the project roads in a sustainable manner, and (ii) to enhance road asset management for the secondary roads network in Georgia.]]></narrative>
					</description><description type="1" xml:lang="en">
						<narrative><![CDATA[The development objectives of the Secondary Road Asset Management Project for Georgia are: (i) to improve road users access to social services and markets through the project roads in a sustainable manner, and (ii) to enhance road asset management for the secondary roads network in Georgia. The project comprises of two components. The first component, secondary road assets improvement and preservation objective is two-fold: (i) to support the improvement and preservation of secondary roads assets, and (ii) improve access of Georgians to social services and economic activities in less connected and poor regions. It consists of following three sub-components: (i) improvement and maintenance of secondary roads in Guria through output- and performance-based road contract (OPRC); (ii) rehabilitation and improvement of secondary roads assets through design-build contracts; and (iii) supervision and monitoring services of civil works. The second component, enhanced secondary road assets planning and management objective is to support institutional reforms aimed at integrating innovative management practices in roads department (RD's) overall road assets management and enhancing RD's capacity in multi-year programming and annual planning for secondary road assets on a country level, not project level. It consists of following three sub-components: (i) enhancement of road asset management system (RAMS) and improved assets programming and planning; (ii) integrated road safety management; and (iii) climate resilience support.]]></narrative>
					</description><participating-org role="1" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org><participating-org role="2" xml:lang="en" ref="GE–ORP0018948"><narrative>GEORGIA</narrative></participating-org><participating-org role="2" xml:lang="en" ref="GE–ORP0018948"><narrative>GEORGIA</narrative></participating-org><participating-org role="3" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org>
					<participating-org role="1" ref="44002" type="40" xml:lang="en"><narrative>International Development Association</narrative></participating-org>
					<participating-org role="3" ref="44002" type="40" xml:lang="en"><narrative>International Development Association</narrative></participating-org><participating-org role="4" xml:lang="en" ref="GE–ORP0018947"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></participating-org>
<participating-org role="4" xml:lang="en" ref="GE–ORP0018947"><narrative>Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)</narrative></participating-org>
<activity-status code="3" /><activity-date type="1" iso-date="2016-03-18">						
											<narrative>Planned start date of the activity</narrative>
											</activity-date><activity-date type="2" iso-date="2016-03-18">
						<narrative>Actual start date of the activity</narrative>
						</activity-date><activity-date type="3" iso-date="2024-06-30"><narrative>Planned end date of the activity</narrative>
						</activity-date><activity-date type="4" iso-date="2024-06-30"><narrative>Actual end date of the activity</narrative></activity-date><contact-info type="1">
			<organisation>
				<narrative>The World Bank</narrative>
			</organisation>
			<person-name>
							<narrative>Mesfin Wodajo Jijo</narrative>
						</person-name>
				<telephone>+1-202-473-1000</telephone><email>mjijo@worldbank.org</email>
				<email>pic@worldbank.org</email>
				<mailing-address>
					<narrative>The World Bank, 1818 H Street, NW, Washington, DC 20433 USA</narrative>
				</mailing-address>
			</contact-info>





<recipient-country code="GE" percentage="100"><narrative xml:lang="en">GEORGIA</narrative></recipient-country><location>
						<location-reach code="1" />
						<location-id vocabulary="G1" code="0009506318" />
						<name><narrative>Vaziani</narrative></name>
						<point srsName="http://www.opengis.net/def/crs/EPSG/0/4326">
						<pos>41.99945 42.25041</pos>
						</point>
						<exactness code="2"/>
						<location-class code="2" />
					</location><location>
						<location-reach code="1" />
						<location-id vocabulary="G1" code="0008714351" />
						<name><narrative>Ninigori Mt.</narrative></name>
						<point srsName="http://www.opengis.net/def/crs/EPSG/0/4326">
						<pos>41.89257 46.37398</pos>
						</point>
						<exactness code="2"/>
						<location-class code="4" />
					</location><location>
						<location-reach code="1" />
						<location-id vocabulary="G1" code="0000614772" />
						<name><narrative>Jimit'i</narrative></name>
						<point srsName="http://www.opengis.net/def/crs/EPSG/0/4326">
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<transaction><transaction-type code="3" /><transaction-date iso-date="2022-06-30"/><value value-date="2022-06-30">2000000</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-11-30"/><value value-date="2022-11-30">5000000</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-08-31"/><value value-date="2023-08-31">1500000</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-11-30"/><value value-date="2023-11-30">1962778</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2016-07-31"/><value value-date="2016-07-31">-100000</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
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<transaction><transaction-type code="5" /><transaction-date iso-date="2017-03-31"/><value value-date="2017-03-31">-80201</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-09-30"/><value value-date="2017-09-30">-109197</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-03-31"/><value value-date="2018-03-31">-121392</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-09-30"/><value value-date="2018-09-30">-149650</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
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<transaction><transaction-type code="5" /><transaction-date iso-date="2019-09-30"/><value value-date="2019-09-30">-393934</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-03-31"/><value value-date="2020-03-31">-342694</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-09-30"/><value value-date="2020-09-30">-206513</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-03-31"/><value value-date="2021-03-31">-157297</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-09-30"/><value value-date="2021-09-30">-175368</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-03-31"/><value value-date="2022-03-31">-188209</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-09-30"/><value value-date="2022-09-30">-347824</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-03-31"/><value value-date="2023-03-31">-978846</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-09-30"/><value value-date="2023-09-30">-1140357</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-03-31"/><value value-date="2024-03-31">-1356034</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-09-30"/><value value-date="2024-09-30">-1395511</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-03-31"/><value value-date="2025-03-31">-1223169</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-09-30"/><value value-date="2025-09-30">-1185804</value><description xml:lang="en"><narrative>Total Interest Repayment in September Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2026-03-31"/><value value-date="2026-03-31">-1082487</value><description xml:lang="en"><narrative>Total Interest Repayment in March Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P149953"><title xml:lang="en"><narrative>Contract Awards</narrative></title><category code="A11" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-detail/P149953?lang=en"><title xml:lang="en"><narrative>Project URL</narrative></title><category code="A12" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P149953"><title xml:lang="en"><narrative>Procurement Notices</narrative></title><category code="A10" /></document-link><result type="1" aggregation-status="0">
<title><narrative>
 Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Roads rehabilitated
</narrative></title>
<baseline year="2015" iso-date="2015-11-28" value="0.00"></baseline>
<period>
<period-start iso-date="2015-11-28" />
<period-end iso-date="2024-06-27" />
<target value="141.00">
<comment><narrative>
The target value was exceeded. 
The indicator measures the kilometers of secondary roads reopened to motorized traffic, rehabilitated, or upgraded under the project
</narrative></comment>
</target>
<actual value="142.6">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
 Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
GoG financed roads rehabilitated under Design-Build methodology
</narrative></title>
<baseline year="2015" iso-date="2015-12-31" value="0.00"></baseline>
<period>
<period-start iso-date="2015-12-31" />
<period-end iso-date="2024-06-30" />
<target value="20.00">
<comment><narrative>
Length of the roads rehabilitated by GOG through design-build methodology using budgetary finance.&amp;nbsp;&amp;nbsp;
</narrative></comment>
</target>
<actual value="22.7">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Travel time to socio-economic centers or district centers on project roads under design-build contracts
</narrative></title>
<baseline year="2015" iso-date="2015-12-01" value="135.00"></baseline>
<period>
<period-start iso-date="2015-12-01" />
<period-end iso-date="2024-06-30" />
<target value="100.00">
<comment><narrative>
Total travel time is calculated for travel on the project roads under the design-build contracts. 25% decrease in travel time, on average, is expected on all those sections by the project completion.
</narrative></comment>
</target>
<actual value="97">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
 Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of traffic points for which traffic data is annually collected with new equipment on secondary roads and entered in RAMS
</narrative></title>
<baseline year="2015" iso-date="2015-11-28" value="62.00"></baseline>
<period>
<period-start iso-date="2015-11-28" />
<period-end iso-date="2024-06-27" />
<target value="100.00">
<comment><narrative>
The target values were significantly exceeded. 
This indicator measures the number of traffic points for which traffic data is annually collected on secondary roads and entered in RAMS.
</narrative></comment>
</target>
<actual value="229">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Length of project roads managed under innovative practices of OPRC under design-build as part of the Five-Year Rolling Program
</narrative></title>
<baseline year="2015" iso-date="2015-11-29" value="0.00"></baseline>
<period>
<period-start iso-date="2015-11-29" />
<period-end iso-date="2024-06-28" />
<target value="79.50">
<comment><narrative>
Target value was met. 
This indicator measures the Length of project roads managed under innovative practices of OPRC under design-build as part of the Five-Year Rolling Program.
</narrative></comment>
</target>
<actual value="80">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
 Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Introduction of climate resilience practices in RD's road asset management
</narrative></title>
<baseline year="2015" iso-date="2015-11-28" value="No"></baseline>
<period>
<period-start iso-date="2015-11-28" />
<period-end iso-date="2024-06-27" />
<target value="Implementation of priority climate measures in Racha">
<comment><narrative>
Climate resilience works completed
</narrative></comment>
</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Travel time to socio-economic centers or district centers on Guria  roads
</narrative></title>
<baseline year="2015" iso-date="2015-12-01" value="149.50"></baseline>
<period>
<period-start iso-date="2015-12-01" />
<period-end iso-date="2024-06-30" />
<target value="87.10">
<comment><narrative>
Total travel time is calculated only for travel on road sections subject to rehabilitation under input-based contracts. 40% decrease in travel time, on average, is expected on all those sections by the project completion.&amp;nbsp;
</narrative></comment>
</target>
<actual value="86.8">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
 Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
GoG financed roads rehabilitated under Design-Build methodology
</narrative></title>
<baseline year="2015" iso-date="2015-12-28" value="0.00"></baseline>
<period>
<period-start iso-date="2015-12-28" />
<period-end iso-date="2024-06-27" />
<target value="20.00">
<comment><narrative>
The target value was exceeded. 
This indicator measures the length of the roads rehabilitated by GOG through design-build methodology using budgetary finance
</narrative></comment>
</target>
<actual value="22.8">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
 Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of traffic points for which traffic data is annually collected with new equipment on secondary roads and entered in RAMS
</narrative></title>
<baseline year="2015" iso-date="2015-12-01" value="62.00"></baseline>
<period>
<period-start iso-date="2015-12-01" />
<period-end iso-date="2024-06-30" />
<target value="100.00">
<comment><narrative>
Number of traffic points for which traffic data is annually collected on secondary roads and entered in RAMS.
</narrative></comment>
</target>
<actual value="229">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of the secondary road network in good and fair condition based on project roads
</narrative></title>
<baseline year="2015" iso-date="2015-12-29" value="60.70"></baseline>
<period>
<period-start iso-date="2015-12-29" />
<period-end iso-date="2024-06-28" />
<target value="63.80">
<comment><narrative>
Target values were achieved. 
The percentage of the secondary road network in good and fair condition after completion of rehabilitation on project road sections is computed based on a total accessible network length of 4,500 km.
</narrative></comment>
</target>
<actual value="63.85">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
 Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Roads rehabilitated
</narrative></title>
<baseline year="2015" iso-date="2015-12-01" value="0.00"></baseline>
<period>
<period-start iso-date="2015-12-01" />
<period-end iso-date="2024-06-30" />
<target value="141.00">
<comment><narrative>
Kilometers of secondary roads reopened to motorized traffic, rehabilitated, or upgraded under the project.&amp;nbsp;
</narrative></comment>
</target>
<actual value="142">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Travel time to socio-economic centers or district centers on Guria  roads
</narrative></title>
<baseline year="2015" iso-date="2015-11-29" value="149.50"></baseline>
<period>
<period-start iso-date="2015-11-29" />
<period-end iso-date="2024-06-28" />
<target value="87.10">
<comment><narrative>
Target values were achieved. 
Total travel time is calculated only for travel on road sections subject to rehabilitation under input-based contracts.
</narrative></comment>
</target>
<actual value="86.8">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
 Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Introduction of climate resilience practices in RD's road asset management
</narrative></title>
<baseline year="2015" iso-date="2015-12-01" value="No"></baseline>
<period>
<period-start iso-date="2015-12-01" />
<period-end iso-date="2024-06-30" />
<target value="Implementation of priority climate measures in Racha">
<comment><narrative>
Contract for implementation of&amp;nbsp;priority climate measures in Racha was awarded in&amp;nbsp;October&amp;nbsp;2023, and the works commenced on November 7, 2023.&amp;nbsp;
</narrative></comment>
</target>
<actual value="Ongoing">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of the secondary road network in good and fair condition based on project roads
</narrative></title>
<baseline year="2015" iso-date="2015-12-31" value="60.70"></baseline>
<period>
<period-start iso-date="2015-12-31" />
<period-end iso-date="2024-06-30" />
<target value="63.80">
<comment><narrative>
Percentage of the secondary road network in good and fair condition after completion of rehabilitation&amp;nbsp;on project road sections (percentage based on the total accessible network length of 4,500 km).
</narrative></comment>
</target>
<actual value="63.85">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
 Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
iRAP study conducted on international and secondary roads network
</narrative></title>
<baseline year="2015" iso-date="2015-11-28" value="0.00"></baseline>
<period>
<period-start iso-date="2015-11-28" />
<period-end iso-date="2024-06-27" />
<target value="900.00">
<comment><narrative>
The target values were significantly exceeded, as RD continued to use its in-house capacity to develop iRAP assessments beyond the initially envisioned extension under the project.
</narrative></comment>
</target>
<actual value="1,202.8">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
 Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Length of secondary roads for which condition data is annually collected and entered in RAMS with new equipment
</narrative></title>
<baseline year="2015" iso-date="2015-11-28" value="2,250.00"></baseline>
<period>
<period-start iso-date="2015-11-28" />
<period-end iso-date="2024-06-27" />
<target value="4,000.00">
<comment><narrative>
The target values were exceeded.
This indicator measures the length (km) of secondary roads for which condition data is annually collected with new equipment on secondary roads and entered in RAMS
</narrative></comment>
</target>
<actual value="4,200">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
 Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of female individuals who participated in consultations
</narrative></title>
<baseline year="2015" iso-date="2015-11-28" value="50.00"></baseline>
<period>
<period-start iso-date="2015-11-28" />
<period-end iso-date="2024-06-27" />
<target value="50.00">
<comment><narrative>
The target value was exceeded. 
In the course of the project implementation, consultations meetings were conducted with a total of 256 participants, of whom 133 (52 percent) women. The consultations were used as opportunity to inform citizens on the project activities, for open dialogue on any issue and as a channel for grievances. Additionally, the consultations served as a venue for citizens to raise additional questions, requests or concerns regarding project activities. These included requests for istallation or (re)location of bus stops, speed bumps, sidewalks, safe access points to houses near the road, and opportunities for employment in the project. These requests were generally logged in and reported through the GRM channels.
</narrative></comment>
</target>
<actual value="51.95">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
 Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
iRAP study conducted on international and secondary roads network
</narrative></title>
<baseline year="2015" iso-date="2015-12-01" value="0.00"></baseline>
<period>
<period-start iso-date="2015-12-01" />
<period-end iso-date="2024-06-30" />
<target value="900.00">
<comment><narrative>
Number of kilometers for which iRAP assessment has been carried out.

&amp;nbsp;
</narrative></comment>
</target>
<actual value="1,200">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
 Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of female individuals who participated in consultations
</narrative></title>
<baseline year="2015" iso-date="2015-12-01" value="50.00"></baseline>
<period>
<period-start iso-date="2015-12-01" />
<period-end iso-date="2024-06-30" />
<target value="50.00">
<comment><narrative>
In the course of the project implementation, fifteen&amp;nbsp;consultations meetings have been conducted with a total of 256&amp;nbsp;participants, of whom 133&amp;nbsp;(52 percent) women. The consultations have been used as opportunity to inform citizens on the project activities,&amp;nbsp;for open dialogue on any issue and &amp;nbsp;as a channel for grievances. Additionally, the consultations have served as a venue for citizens to raise additional questions, requests or concerns regarding project activities. These include requests for istallation or (re)location of bus stops, speed bumps, sidewalks, safe access points to houses near the road, and opportunities for employment in the project. These requests are generally logged in and reported through the GRM channels. At the request of local communities, the project has undertaken (i) rehabilitation of additional ditches, (ii) improved access roads, and (iii) repaired or replaced water springs for public use.
</narrative></comment>
</target>
<actual value="52">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Length of project roads managed under innovative practices of OPRC under design-build as part of the Five-Year Rolling Program
</narrative></title>
<baseline year="2015" iso-date="2015-12-01" value="0.00"></baseline>
<period>
<period-start iso-date="2015-12-01" />
<period-end iso-date="2024-06-30" />
<target value="79.50">
<comment><narrative>
Length of project roads managed under innovative practices of OPRC under design-build&amp;nbsp;as part of the Five-Year Rolling Program.
</narrative></comment>
</target>
<actual value="80">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Travel time to socio-economic centers or district centers on project roads under design-build contracts
</narrative></title>
<baseline year="2015" iso-date="2015-11-29" value="135.00"></baseline>
<period>
<period-start iso-date="2015-11-29" />
<period-end iso-date="2024-06-28" />
<target value="100.00">
<comment><narrative>
Target values were exceeded. 
Total travel time is calculated for travel on the project roads under the design-build contracts.
</narrative></comment>
</target>
<actual value="97">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
 Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Annual update of a fully-costed Five-Year Rolling Program for improvement and preservation of secondary road assets based on the improved methodology and preparation of an annual plan for the next FY
</narrative></title>
<baseline year="2015" iso-date="2015-11-28" value="No"></baseline>
<period>
<period-start iso-date="2015-11-28" />
<period-end iso-date="2024-06-27" />
<target value="Yes">
<comment><narrative>
The target was met, as the five-year Rolling Program was updated every year throuhout project implementation.
</narrative></comment>
</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
 Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Annual update of a fully-costed Five-Year Rolling Program for improvement and preservation of secondary road assets based on the improved methodology and preparation of an annual plan for the next FY
</narrative></title>
<baseline year="2015" iso-date="2015-12-01" value="No"></baseline>
<period>
<period-start iso-date="2015-12-01" />
<period-end iso-date="2024-06-30" />
<target value="Yes">
<comment><narrative>
Five-year Rolling Program for years 2023-2027&amp;nbsp;and YR7&amp;nbsp;plan was prepared and shared with the Bank. Plan for YR8 is under preparation.

&amp;nbsp;
</narrative></comment>
</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
 Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Length of secondary roads for which condition data is annually collected and entered in RAMS with new equipment
</narrative></title>
<baseline year="2015" iso-date="2015-12-01" value="2,250.00"></baseline>
<period>
<period-start iso-date="2015-12-01" />
<period-end iso-date="2024-06-30" />
<target value="4,000.00">
<comment><narrative>
Length (km) of secondary roads for which condition data is annually collected with new equipment on secondary roads and entered in RAMS
</narrative></comment>
</target>
<actual value="4,200">

</actual>
</period>
</indicator>
</result></iati-activity><iati-activity xml:lang="en" default-currency="USD" last-updated-datetime="2026-09-29T23:55:31" hierarchy="1"><iati-identifier>44000-P117152</iati-identifier><reporting-org ref="44000" type="40">
				<narrative  xml:lang="en">World Bank</narrative>
		</reporting-org><title xml:lang="en">
				<narrative>Kakheti Regional Roads Improvement Project</narrative>
			</title><description type="2" xml:lang="en">
						<narrative><![CDATA[Reduce transport costs and improve access and traffic safety for the Kakheti regional roads.]]></narrative>
					</description><description type="1" xml:lang="en">
						<narrative><![CDATA[The objective of the Kakheti Regional Roads Improvement Project for Georgia is to reduce transport costs and improve access and traffic safety for the Kakheti regional roads. There are three components to the project. The first component of the project is improvement of the road linking Vaziani, Gombori, and Telavi. This component will improve the road linking Vaziani, Gombori, and Telavi including: (i) rehabilitation and/or reconstruction of the pavement; (ii) minor realignment to the existing road; (iii) repairing the bridge over the Iori river; (iv) protection works to prevent and/or mitigate landslides; (v) construction of surface drainage, culverts, and small bridges; (vi) construction of retaining walls; (vii) provision of safety barriers, road signs and markings; and (viii) relocation of utilities, through the carrying out of works and the provision of goods and consultants' services. The second component of the project is road safety improvement and institutional strengthening. This component will finance implementation of the following activities: (a) improving road safety along the Telavi-Gurjaani-Bakurtsikhe-Sagarejo-Vaziani road through the identification and design of required traffic safety improvement measures and the implementation of such improvement measures, through the carrying out of works and the provision of goods, consultants' services, and training; and (b) strengthening the capacity of the Roads Department (RD) regional office in Sagarejo to improve its operational efficiency in road management and maintenance through the provision of goods, consultants' services, and training. The third component of the project is project implementation. This component provides for institutional support to the RD and the Transport Reform and Rehabilitation Center (TRRC) for project implementation, audits, and monitoring and evaluation.]]></narrative>
					</description><participating-org role="1" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org><participating-org role="2" xml:lang="en" ref="GE–ORP0003222"><narrative>Ministry of Finance</narrative></participating-org><participating-org role="3" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org>
					<participating-org role="1" ref="44002" type="40" xml:lang="en"><narrative>International Development Association</narrative></participating-org>
					<participating-org role="3" ref="44002" type="40" xml:lang="en"><narrative>International Development Association</narrative></participating-org><participating-org role="4" xml:lang="en" ref="GE–ORP0003221"><narrative>Roads Department, Ministry of Regional Development and Infrastructure (MRDI)</narrative></participating-org>
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											<narrative>Planned start date of the activity</narrative>
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			<organisation>
				<narrative>The World Bank</narrative>
			</organisation>
			<person-name>
							<narrative>Natalya Stankevich</narrative>
						</person-name>
				<telephone>+1-202-473-1000</telephone><email>nstankevich@worldbankgroup.org</email>
				<email>pic@worldbank.org</email>
				<mailing-address>
					<narrative>The World Bank, 1818 H Street, NW, Washington, DC 20433 USA</narrative>
				</mailing-address>
			</contact-info>



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<capital-spend percentage="100" /><transaction><transaction-type code="2" /><transaction-date iso-date="2009-11-30"/><value value-date="2009-11-30">30000000</value><description xml:lang="en"><narrative>Total Commitment in November Month of 2009</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="2" /><transaction-date iso-date="2016-01-31"/><value value-date="2016-01-31">-997696</value><description xml:lang="en"><narrative>Total Commitment Cancellations in January Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2009-12-31"/><value value-date="2009-12-31">6075000</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2009</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2010-02-28"/><value value-date="2010-02-28">2169099</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2010</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2010-06-30"/><value value-date="2010-06-30">417202</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2010</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2010-08-31"/><value value-date="2010-08-31">3605487</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2010</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2010-09-30"/><value value-date="2010-09-30">5700951</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2010</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2011-01-31"/><value value-date="2011-01-31">3086740</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2011</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2011-07-31"/><value value-date="2011-07-31">1080496</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2011</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2011-10-31"/><value value-date="2011-10-31">2236717</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2011</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2012-03-31"/><value value-date="2012-03-31">1468103</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2012</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2012-09-30"/><value value-date="2012-09-30">429998</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2012</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2013-01-31"/><value value-date="2013-01-31">323482</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2013</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2013-05-31"/><value value-date="2013-05-31">44736</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2013</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2013-08-31"/><value value-date="2013-08-31">457863</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2013</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2013-11-30"/><value value-date="2013-11-30">335522</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2013</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2014-03-31"/><value value-date="2014-03-31">1524410</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2014</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2014-07-31"/><value value-date="2014-07-31">256648</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2014</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2014-10-31"/><value value-date="2014-10-31">787545</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2014</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-01-31"/><value value-date="2016-01-31">-997696</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2009-12-31"/><value value-date="2009-12-31">-75000</value><description xml:lang="en"><narrative>Total Interest Repayment in December Month of 2009</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2010-07-31"/><value value-date="2010-07-31">-28625</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2010</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2011-01-31"/><value value-date="2011-01-31">-79064</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2011</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2011-07-31"/><value value-date="2011-07-31">-78681</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2011</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2012-01-31"/><value value-date="2012-01-31">-83009</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2012</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2012-07-31"/><value value-date="2012-07-31">-137870</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2012</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2013-01-31"/><value value-date="2013-01-31">-133408</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2013</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2013-07-31"/><value value-date="2013-07-31">-101527</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2013</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2014-01-31"/><value value-date="2014-01-31">-92532</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2014</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2014-07-31"/><value value-date="2014-07-31">-87335</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2014</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2015-01-31"/><value value-date="2015-01-31">-95147</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2015-07-31"/><value value-date="2015-07-31">-101994</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2016-01-31"/><value value-date="2016-01-31">-119142</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2016-07-31"/><value value-date="2016-07-31">-169153</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-01-31"/><value value-date="2017-01-31">-189145</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-07-31"/><value value-date="2017-07-31">-231777</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-01-31"/><value value-date="2018-01-31">-248605</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-07-31"/><value value-date="2018-07-31">-292798</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-01-31"/><value value-date="2019-01-31">-372729</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-07-31"/><value value-date="2019-07-31">-400873</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-01-31"/><value value-date="2020-01-31">-319482</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-07-31"/><value value-date="2020-07-31">-268169</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-01-31"/><value value-date="2021-01-31">-94425</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-07-31"/><value value-date="2021-07-31">-82904</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-01-31"/><value value-date="2022-01-31">-72416</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-07-31"/><value value-date="2022-07-31">-95620</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-01-31"/><value value-date="2023-01-31">-409374</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-07-31"/><value value-date="2023-07-31">-531058</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-01-31"/><value value-date="2024-01-31">-593004</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-07-31"/><value value-date="2024-07-31">-574322</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-01-31"/><value value-date="2025-01-31">-526709</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-07-31"/><value value-date="2025-07-31">-446665</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2026-01-31"/><value value-date="2026-01-31">-423619</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2015-01-31"/><value value-date="2015-01-31">-600000</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2015-07-31"/><value value-date="2015-07-31">-600000</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2016-01-31"/><value value-date="2016-01-31">-600000</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2016-07-31"/><value value-date="2016-07-31">-578772</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2017-01-31"/><value value-date="2017-01-31">-578772</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2017-07-31"/><value value-date="2017-07-31">-578772</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2018-01-31"/><value value-date="2018-01-31">-578772</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2018-07-31"/><value value-date="2018-07-31">-578772</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2019-01-31"/><value value-date="2019-01-31">-578772</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2019-07-31"/><value value-date="2019-07-31">-578772</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2020-01-31"/><value value-date="2020-01-31">-578772</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2020-07-31"/><value value-date="2020-07-31">-578772</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2021-01-31"/><value value-date="2021-01-31">-578772</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2021-07-31"/><value value-date="2021-07-31">-578772</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2022-01-31"/><value value-date="2022-01-31">-578772</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2022-07-31"/><value value-date="2022-07-31">-578772</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2023-01-31"/><value value-date="2023-01-31">-578772</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2023-07-31"/><value value-date="2023-07-31">-578772</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2024-01-31"/><value value-date="2024-01-31">-578772</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2024-07-31"/><value value-date="2024-07-31">-578772</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2025-01-31"/><value value-date="2025-01-31">-578772</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2025-07-31"/><value value-date="2025-07-31">-578772</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2026-01-31"/><value value-date="2026-01-31">-578772</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P117152"><title xml:lang="en"><narrative>Contract Awards</narrative></title><category code="A11" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-detail/P117152?lang=en"><title xml:lang="en"><narrative>Project URL</narrative></title><category code="A12" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P117152"><title xml:lang="en"><narrative>Procurement Notices</narrative></title><category code="A10" /></document-link><result type="2" aggregation-status="0">
<title><narrative>
Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Vehicle operating cost between Vaziani and Telavi via Gombori (US $/veh-km) - Trucks
</narrative></title>
<baseline year="2009" iso-date="2009-10-14" value="1.05"></baseline>
<period>
<period-start iso-date="2009-10-14" />
<period-end iso-date="2015-08-30" />
<target value="0.72">

</target>
<actual value="0.72">

</actual>
</period>
</indicator>
</result><result type="" aggregation-status="0">
<title><narrative>
rmediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of planned engineering related road safety interventions completed on the Vaziani-Sagarejo-Bakurtsikhe-Gurjaani-Telavi road.
</narrative></title>
<baseline year="2009" iso-date="2009-10-14" value="0.00"></baseline>
<period>
<period-start iso-date="2009-10-14" />
<period-end iso-date="2015-08-30" />
<target value="100.00">

</target>
<actual value="75.00">

</actual>
</period>
</indicator>
</result><result type="" aggregation-status="0">
<title><narrative>
rmediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Workshop on Design-Build Contracting Modality held
</narrative></title>
<baseline year="1900" iso-date="1900-01-01" value="No"></baseline>
<period>
<period-start iso-date="1900-01-01" />
<period-end iso-date="2015-08-30" />
<target value="Yes">

</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage annual reduction in number of road crashes with fatalities along the Vaziani-Sagarejo-Bakurtskhe-Gurjaani-Telavi road
</narrative></title>
<baseline year="2009" iso-date="2009-10-14" value="0.00"></baseline>
<period>
<period-start iso-date="2009-10-14" />
<period-end iso-date="2015-08-30" />
<target value="30.00">

</target>
<actual value="51.70">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Vehicle operating cost between Vaziani and Telavi via Gombori (US $/veh-km)-Cars
</narrative></title>
<baseline year="2009" iso-date="2009-10-14" value="0.36"></baseline>
<period>
<period-start iso-date="2009-10-14" />
<period-end iso-date="2015-08-30" />
<target value="0.25">

</target>
<actual value="0.25">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Traffic volume between Vaziani and Telavi via Gombori - total
</narrative></title>
<baseline year="2009" iso-date="2009-10-14" value="496.00"></baseline>
<period>
<period-start iso-date="2009-10-14" />
<period-end iso-date="2015-08-30" />
<target value="2800.00">

</target>
<actual value="2720.00">

</actual>
</period>
</indicator>
</result><result type="" aggregation-status="0">
<title><narrative>
rmediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of person-months of jobs created
</narrative></title>
<baseline year="2009" iso-date="2009-10-14" value="0.00"></baseline>
<period>
<period-start iso-date="2009-10-14" />
<period-end iso-date="2015-08-30" />
<target value="9800.00">

</target>
<actual value="10038.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage annual reduction in number of road crashes with fatalities along the Vaziani-Sagarejo-Bakurtskhe-Gurjaani-Telavi road
</narrative></title>
<baseline year="2009" iso-date="2009-10-14" value="0.00"></baseline>
<period>
<period-start iso-date="2009-10-14" />
<period-end iso-date="2015-08-30" />
<target value="30.00">

</target>
<actual value="51.70">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Traffic volume between Vaziani and Telavi via Gombori  cars
</narrative></title>
<baseline year="2009" iso-date="2009-10-14" value="372.00"></baseline>
<period>
<period-start iso-date="2009-10-14" />
<period-end iso-date="2015-08-30" />
<target value="2100.00">

</target>
<actual value="1880.00">

</actual>
</period>
</indicator>
</result><result type="" aggregation-status="0">
<title><narrative>
rmediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of kilometers improved
</narrative></title>
<baseline year="2009" iso-date="2009-10-14" value="0.00"></baseline>
<period>
<period-start iso-date="2009-10-14" />
<period-end iso-date="2015-08-30" />
<target value="82.00">

</target>
<actual value="82.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Traffic volume between Vaziani and Telavi via Gombori - total
</narrative></title>
<baseline year="2009" iso-date="2009-10-14" value="496.00"></baseline>
<period>
<period-start iso-date="2009-10-14" />
<period-end iso-date="2015-08-30" />
<target value="2800.00">

</target>
<actual value="2720.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Traffic volume between Vaziani and Telavi via Gombori  cars
</narrative></title>
<baseline year="2009" iso-date="2009-10-14" value="372.00"></baseline>
<period>
<period-start iso-date="2009-10-14" />
<period-end iso-date="2015-08-30" />
<target value="2100.00">

</target>
<actual value="1880.00">

</actual>
</period>
</indicator>
</result><result type="" aggregation-status="0">
<title><narrative>
rmediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of kilometers improved
</narrative></title>
<baseline year="2009" iso-date="2009-10-14" value="0.00"></baseline>
<period>
<period-start iso-date="2009-10-14" />
<period-end iso-date="2015-08-30" />
<target value="82.00">

</target>
<actual value="75.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Travel time between Vaziani and Telavi via Gombori (min.)
</narrative></title>
<baseline year="2009" iso-date="2009-10-14" value="120.00"></baseline>
<period>
<period-start iso-date="2009-10-14" />
<period-end iso-date="2015-08-30" />
<target value="55.00">

</target>
<actual value="55.00">

</actual>
</period>
</indicator>
</result><result type="" aggregation-status="0">
<title><narrative>
rmediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of person-months of jobs created
</narrative></title>
<baseline year="2009" iso-date="2009-10-14" value="0.00"></baseline>
<period>
<period-start iso-date="2009-10-14" />
<period-end iso-date="2015-08-30" />
<target value="9800.00">

</target>
<actual value="8300.00">

</actual>
</period>
</indicator>
</result><result type="" aggregation-status="0">
<title><narrative>
rmediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of planned engineering related road safety interventions completed on the Vaziani-Sagarejo-Bakurtsikhe-Gurjaani-Telavi road.
</narrative></title>
<baseline year="2009" iso-date="2009-10-14" value="0.00"></baseline>
<period>
<period-start iso-date="2009-10-14" />
<period-end iso-date="2015-08-30" />
<target value="100.00">

</target>
<actual value="75.00">

</actual>
</period>
</indicator>
</result><result type="" aggregation-status="0">
<title><narrative>
rmediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Workshop on Design-Build Contracting Modality held
</narrative></title>
<baseline year="1900" iso-date="1900-01-01" value="No"></baseline>
<period>
<period-start iso-date="1900-01-01" />
<period-end iso-date="2015-08-30" />
<target value="Yes">

</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Travel time between Vaziani and Telavi via Gombori (min.)
</narrative></title>
<baseline year="2009" iso-date="2009-10-14" value="120.00"></baseline>
<period>
<period-start iso-date="2009-10-14" />
<period-end iso-date="2015-08-30" />
<target value="55.00">

</target>
<actual value="55.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Vehicle operating cost between Vaziani and Telavi via Gombori (US $/veh-km)-Cars
</narrative></title>
<baseline year="2009" iso-date="2009-10-14" value="0.36"></baseline>
<period>
<period-start iso-date="2009-10-14" />
<period-end iso-date="2015-08-30" />
<target value="0.25">

</target>
<actual value="0.25">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Vehicle operating cost between Vaziani and Telavi via Gombori (US $/veh-km) - Trucks
</narrative></title>
<baseline year="2009" iso-date="2009-10-14" value="1.05"></baseline>
<period>
<period-start iso-date="2009-10-14" />
<period-end iso-date="2015-08-30" />
<target value="0.72">

</target>
<actual value="0.72">

</actual>
</period>
</indicator>
</result></iati-activity><iati-activity xml:lang="en" default-currency="USD" last-updated-datetime="2026-09-29T23:55:37" hierarchy="1"><iati-identifier>44000-P149991</iati-identifier><reporting-org ref="44000" type="40">
				<narrative  xml:lang="en">World Bank</narrative>
		</reporting-org><title xml:lang="en">
				<narrative>First Programmatic Inclusive Growth Development Policy Operation</narrative>
			</title><description type="2" xml:lang="en">
						<narrative><![CDATA[ The program supports the government in its efforts to:  (1) Strengthen fiscal oversight of public institutions and improve budgeting and the framework for civil service reform.  (2) Improve coverage and quality of social services and strengthen monitoring of outcomes. ]]></narrative>
					</description><description type="1" xml:lang="en">
						<narrative><![CDATA[The first Inclusive Growth Development Policy Operation (DPO) in Georgia will support the government in its efforts to improve public service delivery and strengthen fiscal oversight. These objectives will be achieved through reforms in the areas of public financial management, social sectors and the framework for civil services. The proposed policy actions are anchored in the Country Partnership Strategy (CPS) for 2014-17 and are consistent with the government?s new development strategy. This is the first operation in the programmatic series of three operations spanning 2015-17, in the amount of US$60 million. The main development challenge faced by the country is achieving more inclusive growth which will require investments in human capital and improvements in private sector competitiveness. There has been a significant progress in poverty reduction and shared prosperity in recent years, but it has been driven by factors other than net job creation. The operation supports the government in improving its public service delivery and fiscal management to make growth more inclusive. Pillar one supports greater fiscal oversight of public institutions (including municipalities, legal entities of public law, nonprofit legal entities and state-owned enterprises), and improvements in budgeting and the framework for civil services. Pillar two supports improvements in the coverage and targeting of social expenditures, quality of education and healthcare services, and monitoring of outcomes. Reforms supported by this operation will help both in inclusion and inclusive growth. While private sector development, which is being supported by another DPO series in Georgia, will help create more jobs, this DPO series will help build human capital and support macroeconomic stability and effective policy making. The policy matrix reflects reforms on multiple fronts and at various stages.]]></narrative>
					</description><participating-org role="1" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org><participating-org role="2" xml:lang="en" ref="GE–ORP0018989"><narrative>Ministry of Finance</narrative></participating-org><participating-org role="3" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org>
					<participating-org role="1" ref="44002" type="40" xml:lang="en"><narrative>International Development Association</narrative></participating-org>
					<participating-org role="3" ref="44002" type="40" xml:lang="en"><narrative>International Development Association</narrative></participating-org><participating-org role="4" xml:lang="en" ref="GE–ORP0018988"><narrative>Ministry of Finance</narrative></participating-org>
<participating-org role="4" xml:lang="en" ref="GE–ORP0018990"><narrative>Ministry of Economy and Sustainable Development</narrative></participating-org>
<activity-status code="3" /><activity-date type="1" iso-date="2015-06-18">						
											<narrative>Planned start date of the activity</narrative>
											</activity-date><activity-date type="2" iso-date="2015-04-28">
						<narrative>Actual start date of the activity</narrative>
						</activity-date><activity-date type="3" iso-date="2015-12-31"><narrative>Planned end date of the activity</narrative>
						</activity-date><activity-date type="4" iso-date="2015-12-31"><narrative>Actual end date of the activity</narrative></activity-date><contact-info type="1">
			<organisation>
				<narrative>The World Bank</narrative>
			</organisation>
			<person-name>
							<narrative>Mona Prasad</narrative>
						</person-name>
				<telephone>+1-202-473-1000</telephone><email>mprasad@worldbank.org</email>
				<email>pic@worldbank.org</email>
				<mailing-address>
					<narrative>The World Bank, 1818 H Street, NW, Washington, DC 20433 USA</narrative>
				</mailing-address>
			</contact-info>




<recipient-country code="GE" percentage="100"><narrative xml:lang="en">GEORGIA</narrative></recipient-country><location>
							<location-reach code="1" />
							<location-id vocabulary="G1" code="611717" />
							<name><narrative>Tbilisi</narrative></name>
							<point srsName="http://www.opengis.net/def/crs/EPSG/0/4326">
							<pos>41.69411 44.833679</pos>
							</point>
							<exactness code="2"/>
							<location-class code="2" />
						</location><sector vocabulary="1" code="15117" percentage="16" xml:lang="en"/><sector vocabulary="1" code="11130" percentage="16" xml:lang="en"/><sector vocabulary="1" code="12110" percentage="16" xml:lang="en"/><sector vocabulary="1" code="13020" percentage="16" xml:lang="en"/><sector vocabulary="1" code="15126" percentage="16" xml:lang="en"/><sector vocabulary="1" code="16011" percentage="16" xml:lang="en"/><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="BZ" percentage="45.0000000" xml:lang="en"><narrative>FY17 - Other Public Administration</narrative></sector><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="EZ" percentage="22.0000000" xml:lang="en"><narrative>FY17 - Other Education</narrative></sector><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="HG" percentage="22.0000000" xml:lang="en"><narrative>FY17 - Health</narrative></sector><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="SA" percentage="11.0000000" xml:lang="en"><narrative>FY17 - Social Protection</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000631" percentage="22" xml:lang="en"><narrative>Health System Strengthening</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000063" percentage="22" xml:lang="en"><narrative>Health Systems and Policies</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000063" percentage="22" xml:lang="en"><narrative>Health Systems and Policies</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000631" percentage="22" xml:lang="en"><narrative>Health System Strengthening</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000041" percentage="14" xml:lang="en"><narrative>Public Finance Management</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000022" percentage="100" xml:lang="en"><narrative>Jobs</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000413" percentage="14" xml:lang="en"><narrative>Debt Management</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000065" percentage="22" xml:lang="en"><narrative>Education</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000011" percentage="14" xml:lang="en"><narrative>Fiscal Policy</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000041" percentage="14" xml:lang="en"><narrative>Public Finance Management</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000431" percentage="17" xml:lang="en"><narrative>Administrative and Civil Service Reform</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000011" percentage="14" xml:lang="en"><narrative>Fiscal Policy</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000111" percentage="14" xml:lang="en"><narrative>Fiscal sustainability</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000111" percentage="14" xml:lang="en"><narrative>Fiscal sustainability</narrative></sector><collaboration-type code="2" /><default-aid-type code="A02" xml:lang="en"/><default-tied-status code="5" /><budget type="1" status="1">
<period-start iso-date="2015-04-01"/>
<period-end iso-date="2015-04-30"/>
<value currency="USD" value-date="2015-04-30">0.0000</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2015-05-01"/>
<period-end iso-date="2015-05-31"/>
<value currency="USD" value-date="2015-05-31">0.0000</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2015-06-01"/>
<period-end iso-date="2015-06-30"/>
<value currency="USD" value-date="2015-06-30">0.0000</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2015-07-01"/>
<period-end iso-date="2015-07-31"/>
<value currency="USD" value-date="2015-07-31">0.0000</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2015-08-01"/>
<period-end iso-date="2015-08-31"/>
<value currency="USD" value-date="2015-08-31">0.0000</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2015-09-01"/>
<period-end iso-date="2015-09-30"/>
<value currency="USD" value-date="2015-09-30">0.0000</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2015-10-01"/>
<period-end iso-date="2015-10-31"/>
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rmediate Results Indicator 
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Share of the bottom decile receiving TSA
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</result><result type="" aggregation-status="0">
<title><narrative>
rmediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Availability of budget and execution data for municipalities, legal entities of public law and non-profit legal entities
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<actual value="On a real time basis">

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<title><narrative>
rmediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Availability of comprehensive financial data on SOEs
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<target value="2 years of data available">

</target>
<actual value="Data has been collected for 2013 and 2014 for 63 SOEs.">

</actual>
</period>
</indicator>
</result><result type="" aggregation-status="0">
<title><narrative>
rmediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Pharmaceutical expenses as a percent of out-of-pocket on health
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<period-end iso-date="2016-12-30" />
<target value="36.10">

</target>
<actual value="38.00">

</actual>
</period>
</indicator>
</result><result type="" aggregation-status="0">
<title><narrative>
rmediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of pre-school educational institutions using the new pre-school curriculum
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<target value="50.00">

</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="" aggregation-status="0">
<title><narrative>
rmediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Improved framework reflected in the selection criteria for new capital projects in 6 municipalities and 2 central ministries
</narrative></title>
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<target value="100.00">

</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="" aggregation-status="0">
<title><narrative>
rmediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Publish data on employment
</narrative></title>
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<period-end iso-date="2017-12-29" />
<target value="Quarterly">

</target>
<actual value="Annual">

</actual>
</period>
</indicator>
</result><result type="" aggregation-status="0">
<title><narrative>
rmediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Reduction in the proportion of teachers in Category I
</narrative></title>
<baseline year="2014" iso-date="2014-12-31" value="75.00"></baseline>
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<target value="60.00">

</target>
<actual value="75.00">

</actual>
</period>
</indicator>
</result><result type="" aggregation-status="0">
<title><narrative>
rmediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Pre qualification test taken by first time entrants to the civil services according to the new hiring rules
</narrative></title>
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<period-start iso-date="2013-12-31" />
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<target value="100.00">

</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="" aggregation-status="0">
<title><narrative>
rmediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Reduction in maternal mortality rate
</narrative></title>
<baseline year="2013" iso-date="2013-12-31" value="27.70"></baseline>
<period>
<period-start iso-date="2013-12-31" />
<period-end iso-date="2017-12-29" />
<target value="26.90">

</target>
<actual value="27.70">

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</indicator>
</result></iati-activity><iati-activity xml:lang="en" default-currency="USD" last-updated-datetime="2026-09-29T23:55:43" hierarchy="1"><iati-identifier>44000-P149952</iati-identifier><reporting-org ref="44000" type="40">
				<narrative  xml:lang="en">World Bank</narrative>
		</reporting-org><title xml:lang="en">
				<narrative>East-West Highway Corridor Improvement Project</narrative>
			</title><description type="2" xml:lang="en">
						<narrative><![CDATA[<p>The proposed PDOs are to: (i) reduce road user costs along the East-West Highway Corridor section upgraded under the project; and (ii) strengthen the capacity of the Roads Department and the Ministry of Economy and Sustainable Development to respectively manage the road network and provide an enabling environment to improve logistics services.</p>]]></narrative>
					</description><description type="1" xml:lang="en">
						<narrative><![CDATA[The development objectives of the East-West Highway Corridor Improvement Project for Georgia are to: (i) reduce road user costs along the East-West highway corridor section upgraded under the project; and (ii) strengthen the capacity of the roads department and the ministry of economy and sustainable development to respectively manage the road network and provide an enabling environment to improve logistics services. The project comprises of four components. The first component, improvement and asset management of the East-West highway corridor consists of following two sub-components: (i) civil works; and (ii) construction supervision and quality assurance services. The second component, institutional strengthening aim to strengthen the capacity of road department's (RD's) intelligent transport systems (ITS) unit in setting up and managing ITS systems applications to improve traffic control and road safety, and timely communication with road users along the East-West highway corridor, and RD's monitoring unit to assess and inform the general public and beneficiaries about the impacts of improving the East West highway corridor. It consists of following two sub-components: (i) ITS capacity strengthening; and (ii) technical support to Ministry of Economy and Sustainable Development (MESD) to develop and implement a logistics strategy. The third component, project management support will finance the mobilization of relevant technical expertise (that is, project management; bridge, tunnel, and geotechnical engineering) to support RD and foreign projects unit (FPU) management during project implementation. This component will also contribute to building the technical capacity of RD. The fourth component, preparation of future investments will finance the preparation of designs and supporting studies for future investments for the development of the road network.]]></narrative>
					</description><participating-org role="1" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org><participating-org role="2" xml:lang="en" ref="GE–ORP0018945"><narrative>Ministry of Finance</narrative></participating-org><participating-org role="2" xml:lang="en" ref="GE–ORP0018945"><narrative>Ministry of Finance</narrative></participating-org><participating-org role="3" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org>
					<participating-org role="1" ref="44002" type="40" xml:lang="en"><narrative>International Development Association</narrative></participating-org>
					<participating-org role="3" ref="44002" type="40" xml:lang="en"><narrative>International Development Association</narrative></participating-org><participating-org role="4" xml:lang="en" ref="GE–ORP0018946"><narrative>Roads Department of the Ministry of Infrastructure </narrative></participating-org>
<participating-org role="4" xml:lang="en" ref="GE–ORP0018946"><narrative>Roads Department of the Ministry of Infrastructure </narrative></participating-org>
<activity-status code="3" /><activity-date type="1" iso-date="2015-03-26">						
											<narrative>Planned start date of the activity</narrative>
											</activity-date><activity-date type="2" iso-date="2015-12-03">
						<narrative>Actual start date of the activity</narrative>
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			<organisation>
				<narrative>The World Bank</narrative>
			</organisation>
			<person-name>
							<narrative>Mesfin Wodajo Jijo</narrative>
						</person-name>
				<telephone>+1-202-473-1000</telephone><email>mjijo@worldbank.org</email>
				<email>pic@worldbank.org</email>
				<mailing-address>
					<narrative>The World Bank, 1818 H Street, NW, Washington, DC 20433 USA</narrative>
				</mailing-address>
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<value currency="USD" value-date="2022-07-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2022-08-01"/>
<period-end iso-date="2022-08-31"/>
<value currency="USD" value-date="2022-08-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2022-09-01"/>
<period-end iso-date="2022-09-30"/>
<value currency="USD" value-date="2022-09-30">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2022-10-01"/>
<period-end iso-date="2022-10-31"/>
<value currency="USD" value-date="2022-10-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2022-11-01"/>
<period-end iso-date="2022-11-30"/>
<value currency="USD" value-date="2022-11-30">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2022-12-01"/>
<period-end iso-date="2022-12-31"/>
<value currency="USD" value-date="2022-12-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-01-01"/>
<period-end iso-date="2023-01-31"/>
<value currency="USD" value-date="2023-01-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-02-01"/>
<period-end iso-date="2023-02-28"/>
<value currency="USD" value-date="2023-02-28">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-03-01"/>
<period-end iso-date="2023-03-31"/>
<value currency="USD" value-date="2023-03-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-04-01"/>
<period-end iso-date="2023-04-30"/>
<value currency="USD" value-date="2023-04-30">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-05-01"/>
<period-end iso-date="2023-05-31"/>
<value currency="USD" value-date="2023-05-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-06-01"/>
<period-end iso-date="2023-06-30"/>
<value currency="USD" value-date="2023-06-30">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-07-01"/>
<period-end iso-date="2023-07-31"/>
<value currency="USD" value-date="2023-07-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-08-01"/>
<period-end iso-date="2023-08-31"/>
<value currency="USD" value-date="2023-08-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-09-01"/>
<period-end iso-date="2023-09-30"/>
<value currency="USD" value-date="2023-09-30">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-10-01"/>
<period-end iso-date="2023-10-31"/>
<value currency="USD" value-date="2023-10-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-11-01"/>
<period-end iso-date="2023-11-30"/>
<value currency="USD" value-date="2023-11-30">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-12-01"/>
<period-end iso-date="2023-12-31"/>
<value currency="USD" value-date="2023-12-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-01-01"/>
<period-end iso-date="2024-01-31"/>
<value currency="USD" value-date="2024-01-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-02-01"/>
<period-end iso-date="2024-02-29"/>
<value currency="USD" value-date="2024-02-29">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-03-01"/>
<period-end iso-date="2024-03-31"/>
<value currency="USD" value-date="2024-03-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-04-01"/>
<period-end iso-date="2024-04-30"/>
<value currency="USD" value-date="2024-04-30">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-05-01"/>
<period-end iso-date="2024-05-31"/>
<value currency="USD" value-date="2024-05-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-06-01"/>
<period-end iso-date="2024-06-30"/>
<value currency="USD" value-date="2024-06-30">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-07-01"/>
<period-end iso-date="2024-07-31"/>
<value currency="USD" value-date="2024-07-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-08-01"/>
<period-end iso-date="2024-08-31"/>
<value currency="USD" value-date="2024-08-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-09-01"/>
<period-end iso-date="2024-09-30"/>
<value currency="USD" value-date="2024-09-30">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-10-01"/>
<period-end iso-date="2024-10-31"/>
<value currency="USD" value-date="2024-10-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-11-01"/>
<period-end iso-date="2024-11-30"/>
<value currency="USD" value-date="2024-11-30">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-12-01"/>
<period-end iso-date="2024-12-31"/>
<value currency="USD" value-date="2024-12-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2025-01-01"/>
<period-end iso-date="2025-01-31"/>
<value currency="USD" value-date="2025-01-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2025-02-01"/>
<period-end iso-date="2025-02-28"/>
<value currency="USD" value-date="2025-02-28">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2025-03-01"/>
<period-end iso-date="2025-03-31"/>
<value currency="USD" value-date="2025-03-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2025-04-01"/>
<period-end iso-date="2025-04-30"/>
<value currency="USD" value-date="2025-04-30">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2025-05-01"/>
<period-end iso-date="2025-05-31"/>
<value currency="USD" value-date="2025-05-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2025-06-01"/>
<period-end iso-date="2025-06-30"/>
<value currency="USD" value-date="2025-06-30">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2025-07-01"/>
<period-end iso-date="2025-07-31"/>
<value currency="USD" value-date="2025-07-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2025-08-01"/>
<period-end iso-date="2025-08-31"/>
<value currency="USD" value-date="2025-08-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2025-09-01"/>
<period-end iso-date="2025-09-30"/>
<value currency="USD" value-date="2025-09-30">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2025-10-01"/>
<period-end iso-date="2025-10-31"/>
<value currency="USD" value-date="2025-10-31">0</value>
</budget>
<capital-spend percentage="100" /><transaction><transaction-type code="2" /><transaction-date iso-date="2015-12-31"/><value value-date="2015-12-31">140000000</value><description xml:lang="en"><narrative>Total Commitment in December Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="2" /><transaction-date iso-date="2017-11-30"/><value value-date="2017-11-30">20000000</value><description xml:lang="en"><narrative>Total Commitment in November Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-05-31"/><value value-date="2016-05-31">350000</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2016-12-31"/><value value-date="2016-12-31">800000</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2017-04-30"/><value value-date="2017-04-30">35295</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2017-05-31"/><value value-date="2017-05-31">9200000</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2017-09-30"/><value value-date="2017-09-30">994421</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2017-10-31"/><value value-date="2017-10-31">14376417</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2018-02-28"/><value value-date="2018-02-28">263211</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2018-04-30"/><value value-date="2018-04-30">52084</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2018-06-30"/><value value-date="2018-06-30">5045605</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2019-03-31"/><value value-date="2019-03-31">-5595664</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2019-09-30"/><value value-date="2019-09-30">2198800</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2019-11-30"/><value value-date="2019-11-30">-7137637</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-01-31"/><value value-date="2020-01-31">363055</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-03-31"/><value value-date="2020-03-31">8068895</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-03-31"/><value value-date="2020-03-31">2171560</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-05-31"/><value value-date="2020-05-31">337459</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-06-30"/><value value-date="2020-06-30">566597</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-06-30"/><value value-date="2020-06-30">1598923</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-07-31"/><value value-date="2020-07-31">310915</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-07-31"/><value value-date="2020-07-31">450029</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-08-31"/><value value-date="2020-08-31">48109</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-08-31"/><value value-date="2020-08-31">1859173</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-09-30"/><value value-date="2020-09-30">472077</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-09-30"/><value value-date="2020-09-30">193399</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-10-31"/><value value-date="2020-10-31">135888</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-10-31"/><value value-date="2020-10-31">2412825</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-11-30"/><value value-date="2020-11-30">95604</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-11-30"/><value value-date="2020-11-30">328341</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-12-31"/><value value-date="2020-12-31">325200</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-12-31"/><value value-date="2020-12-31">21665355</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-01-31"/><value value-date="2021-01-31">60345</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-01-31"/><value value-date="2021-01-31">60811</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-02-28"/><value value-date="2021-02-28">266023</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-02-28"/><value value-date="2021-02-28">55961</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-03-31"/><value value-date="2021-03-31">191024</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-03-31"/><value value-date="2021-03-31">479582</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-04-30"/><value value-date="2021-04-30">88635</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-04-30"/><value value-date="2021-04-30">54034</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-05-31"/><value value-date="2021-05-31">150294</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-05-31"/><value value-date="2021-05-31">194005</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-06-30"/><value value-date="2021-06-30">278162</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-06-30"/><value value-date="2021-06-30">2528362</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-08-31"/><value value-date="2021-08-31">2186621</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-08-31"/><value value-date="2021-08-31">678062</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-09-30"/><value value-date="2021-09-30">787854</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-09-30"/><value value-date="2021-09-30">4280799</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-10-31"/><value value-date="2021-10-31">92868</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-11-30"/><value value-date="2021-11-30">1711941</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-11-30"/><value value-date="2021-11-30">386375</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-12-31"/><value value-date="2021-12-31">1025131</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-12-31"/><value value-date="2021-12-31">4202346</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-02-28"/><value value-date="2022-02-28">150730</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-02-28"/><value value-date="2022-02-28">225319</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-03-31"/><value value-date="2022-03-31">292868</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-03-31"/><value value-date="2022-03-31">1905064</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-04-30"/><value value-date="2022-04-30">1465248</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-04-30"/><value value-date="2022-04-30">354599</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-05-31"/><value value-date="2022-05-31">372561</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-05-31"/><value value-date="2022-05-31">143638</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-06-30"/><value value-date="2022-06-30">3927184</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-06-30"/><value value-date="2022-06-30">195156</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-07-31"/><value value-date="2022-07-31">457781</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-07-31"/><value value-date="2022-07-31">191843</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-08-31"/><value value-date="2022-08-31">2143202</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-08-31"/><value value-date="2022-08-31">426407</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-09-30"/><value value-date="2022-09-30">3310599</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-09-30"/><value value-date="2022-09-30">3986602</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-10-31"/><value value-date="2022-10-31">242774</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-10-31"/><value value-date="2022-10-31">129979</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-11-30"/><value value-date="2022-11-30">-1266258</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-11-30"/><value value-date="2022-11-30">1095405</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-12-31"/><value value-date="2022-12-31">2571983</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-12-31"/><value value-date="2022-12-31">-698842</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-01-31"/><value value-date="2023-01-31">465477</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-01-31"/><value value-date="2023-01-31">93520</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-02-28"/><value value-date="2023-02-28">136785</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-02-28"/><value value-date="2023-02-28">213559</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-03-31"/><value value-date="2023-03-31">46379</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-03-31"/><value value-date="2023-03-31">1082277</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-04-30"/><value value-date="2023-04-30">1191863</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-04-30"/><value value-date="2023-04-30">518232</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-05-31"/><value value-date="2023-05-31">258293</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-05-31"/><value value-date="2023-05-31">1155817</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-06-30"/><value value-date="2023-06-30">1850059</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-06-30"/><value value-date="2023-06-30">487687</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-07-31"/><value value-date="2023-07-31">24455</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-07-31"/><value value-date="2023-07-31">1760580</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-08-31"/><value value-date="2023-08-31">275370</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-09-30"/><value value-date="2023-09-30">553647</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-09-30"/><value value-date="2023-09-30">5121780</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-10-31"/><value value-date="2023-10-31">81441</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-11-30"/><value value-date="2023-11-30">378040</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-11-30"/><value value-date="2023-11-30">3936013</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-12-31"/><value value-date="2023-12-31">2944320</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-12-31"/><value value-date="2023-12-31">-602283</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-01-31"/><value value-date="2024-01-31">493012</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-02-29"/><value value-date="2024-02-29">419861</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-02-29"/><value value-date="2024-02-29">1628227</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-03-31"/><value value-date="2024-03-31">506734</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-03-31"/><value value-date="2024-03-31">144138</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-04-30"/><value value-date="2024-04-30">107230</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-04-30"/><value value-date="2024-04-30">4439619</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-05-31"/><value value-date="2024-05-31">-474</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-06-30"/><value value-date="2024-06-30">2068358</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-07-31"/><value value-date="2024-07-31">5674524</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-08-31"/><value value-date="2024-08-31">1187418</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-09-30"/><value value-date="2024-09-30">8182636</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-10-31"/><value value-date="2024-10-31">3384904</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-12-31"/><value value-date="2024-12-31">4029260</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2025-01-31"/><value value-date="2025-01-31">979084</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2016-05-31"/><value value-date="2016-05-31">-350000</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2016-12-31"/><value value-date="2016-12-31">-227579</value><description xml:lang="en"><narrative>Total Interest Repayment in December Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-06-30"/><value value-date="2017-06-30">-183070</value><description xml:lang="en"><narrative>Total Interest Repayment in June Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-12-31"/><value value-date="2017-12-31">-296430</value><description xml:lang="en"><narrative>Total Interest Repayment in December Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-04-30"/><value value-date="2018-04-30">-52084</value><description xml:lang="en"><narrative>Total Interest Repayment in April Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-06-30"/><value value-date="2018-06-30">-526460</value><description xml:lang="en"><narrative>Total Interest Repayment in June Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-11-30"/><value value-date="2018-11-30">-35932</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-12-31"/><value value-date="2018-12-31">-656602</value><description xml:lang="en"><narrative>Total Interest Repayment in December Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-05-31"/><value value-date="2019-05-31">-23658</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-06-30"/><value value-date="2019-06-30">-665738</value><description xml:lang="en"><narrative>Total Interest Repayment in June Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-11-30"/><value value-date="2019-11-30">-23305</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-12-31"/><value value-date="2019-12-31">-377179</value><description xml:lang="en"><narrative>Total Interest Repayment in December Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-05-31"/><value value-date="2020-05-31">-29245</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-06-30"/><value value-date="2020-06-30">-464967</value><description xml:lang="en"><narrative>Total Interest Repayment in June Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-11-30"/><value value-date="2020-11-30">-44283</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-12-31"/><value value-date="2020-12-31">-348536</value><description xml:lang="en"><narrative>Total Interest Repayment in December Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-05-31"/><value value-date="2021-05-31">-34539</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-06-30"/><value value-date="2021-06-30">-419578</value><description xml:lang="en"><narrative>Total Interest Repayment in June Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-11-30"/><value value-date="2021-11-30">-36746</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-12-31"/><value value-date="2021-12-31">-438117</value><description xml:lang="en"><narrative>Total Interest Repayment in December Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-05-31"/><value value-date="2022-05-31">-35647</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-06-30"/><value value-date="2022-06-30">-509443</value><description xml:lang="en"><narrative>Total Interest Repayment in June Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-11-30"/><value value-date="2022-11-30">-48762</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-12-31"/><value value-date="2022-12-31">-1537627</value><description xml:lang="en"><narrative>Total Interest Repayment in December Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-05-31"/><value value-date="2023-05-31">-240507</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-06-30"/><value value-date="2023-06-30">-2635620</value><description xml:lang="en"><narrative>Total Interest Repayment in June Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-11-30"/><value value-date="2023-11-30">-385647</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-12-31"/><value value-date="2023-12-31">-3229108</value><description xml:lang="en"><narrative>Total Interest Repayment in December Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-05-31"/><value value-date="2024-05-31">-449179</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-06-30"/><value value-date="2024-06-30">-3760347</value><description xml:lang="en"><narrative>Total Interest Repayment in June Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-11-30"/><value value-date="2024-11-30">-454195</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-12-31"/><value value-date="2024-12-31">-4245739</value><description xml:lang="en"><narrative>Total Interest Repayment in December Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-05-31"/><value value-date="2025-05-31">-373611</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-06-30"/><value value-date="2025-06-30">-4027144</value><description xml:lang="en"><narrative>Total Interest Repayment in June Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-11-30"/><value value-date="2025-11-30">-315835</value><description xml:lang="en"><narrative>Total Interest Repayment in November Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
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<transaction><transaction-type code="6" /><transaction-date iso-date="2026-06-30"/><value value-date="2026-06-30">-4662000</value><description xml:lang="en"><narrative>Total Loan Repayment in June Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P149952"><title xml:lang="en"><narrative>Contract Awards</narrative></title><category code="A11" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-detail/P149952?lang=en"><title xml:lang="en"><narrative>Project URL</narrative></title><category code="A12" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P149952"><title xml:lang="en"><narrative>Procurement Notices</narrative></title><category code="A10" /></document-link><result type="1" aggregation-status="0">
<title><narrative>
 Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Road users satisfied with quality of road and services and the project's responsiveness to their transport needs (gender disaggregated)
</narrative></title>
<baseline year="2015" iso-date="2015-12-31" value="0.00"></baseline>
<period>
<period-start iso-date="2015-12-31" />
<period-end iso-date="2025-06-30" />
<target value="80.00">
<comment><narrative>
Target almost achieved
</narrative></comment>
</target>
<actual value="76">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
 Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of studies completed
</narrative></title>
<baseline year="2016" iso-date="2016-06-01" value="0.00"></baseline>
<period>
<period-start iso-date="2016-06-01" />
<period-end iso-date="2025-06-30" />
<target value="1.00">
<comment><narrative>
Target achieved
</narrative></comment>
</target>
<actual value="1.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
 Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
People benefiting from improved access to sustainable transport infrastructure and services – Female
</narrative></title>
<baseline year="2015" iso-date="2015-12-15" value="0"></baseline>
<period>
<period-start iso-date="2015-12-15" />
<period-end iso-date="2025-06-15" />
<target value="383,575">
<comment><narrative>
Target exceeded
</narrative></comment>
</target>
<actual value="491,075">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
 Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Preparation and endorsement of an Annual Road Safety Action Plan aligned with the National Road Safety Strategy
</narrative></title>
<baseline year="2017" iso-date="2017-04-26" value="Yes"></baseline>
<period>
<period-start iso-date="2017-04-26" />
<period-end iso-date="2025-06-30" />
<target value="Yes">
<comment><narrative>
Target achieved
</narrative></comment>
</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Travel time from Zemo Osiauri to Khevi
</narrative></title>
<baseline year="2015" iso-date="2015-12-31" value="17.70"></baseline>
<period>
<period-start iso-date="2015-12-31" />
<period-end iso-date="2025-06-30" />
<target value="13.20">
<comment><narrative>
Target almost achieved - the minor variance stems from optimistic appraisal-stage speed assumptions that did not fully reflect tunnel speed limits, affecting roughly 40 percent of the corridor.
</narrative></comment>
</target>
<actual value="13.4">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Vehicle Operating Costs from Zemo Osiauri to Khevi (cars) US$/km
</narrative></title>
<baseline year="2015" iso-date="2015-12-31" value="0.31"></baseline>
<period>
<period-start iso-date="2015-12-31" />
<period-end iso-date="2025-06-30" />
<target value="0.28">
<comment><narrative>
Target exceeded
</narrative></comment>
</target>
<actual value="0.272">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
 Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
People benefiting from improved access to sustainable transport infrastructure and services
</narrative></title>
<baseline year="2015" iso-date="2015-12-14" value="0"></baseline>
<period>
<period-start iso-date="2015-12-14" />
<period-end iso-date="2025-06-14" />
<target value="73,7644">
<comment><narrative>
Target exceeded
</narrative></comment>
</target>
<actual value="944,375">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
 Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Roads constructed, non-rural
</narrative></title>
<baseline year="2015" iso-date="2015-12-31" value="0.00"></baseline>
<period>
<period-start iso-date="2015-12-31" />
<period-end iso-date="2025-06-30" />
<target value="19.00">
<comment><narrative>
Target exceeded
</narrative></comment>
</target>
<actual value="19.9">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
 Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Key ITS equipment installed on selected and prioritized East-West Highway locations
</narrative></title>
<baseline year="2015" iso-date="2015-12-31" value="0.00"></baseline>
<period>
<period-start iso-date="2015-12-31" />
<period-end iso-date="2025-06-30" />
<target value="100.00">
<comment><narrative>
Target achieved
</narrative></comment>
</target>
<actual value="100.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
 Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Studies to support logistics sector development completed
</narrative></title>
<baseline year="2015" iso-date="2015-12-31" value="No"></baseline>
<period>
<period-start iso-date="2015-12-31" />
<period-end iso-date="2025-06-30" />
<target value="Yes">
<comment><narrative>
Target achieved
</narrative></comment>
</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
National Logistics Program approved by GoG
</narrative></title>
<baseline year="2015" iso-date="2015-12-31" value="No"></baseline>
<period>
<period-start iso-date="2015-12-31" />
<period-end iso-date="2025-06-30" />
<target value="Yes">
<comment><narrative>
Target achieved
</narrative></comment>
</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Vehicle Operating Costs from Zemo Osiauri to Khevi (trucks) US$/km
</narrative></title>
<baseline year="2015" iso-date="2015-12-31" value="0.56"></baseline>
<period>
<period-start iso-date="2015-12-31" />
<period-end iso-date="2025-06-30" />
<target value="0.55">
<comment><narrative>
Target exceeded
</narrative></comment>
</target>
<actual value="0.506">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
 Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
RD/ITS staff (5) staff trained in ITS services management and monitoring
</narrative></title>
<baseline year="2015" iso-date="2015-12-31" value="0.00"></baseline>
<period>
<period-start iso-date="2015-12-31" />
<period-end iso-date="2025-06-30" />
<target value="5.00">
<comment><narrative>
Target achieved
</narrative></comment>
</target>
<actual value="5.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
 Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
People benefiting from improved access to sustainable transport infrastructure and services – Youth
</narrative></title>
<baseline year="2015" iso-date="2015-12-14" value="0"></baseline>
<period>
<period-start iso-date="2015-12-14" />
<period-end iso-date="2025-06-14" />
<target value="83,354">
<comment><narrative>
Target exceeded
</narrative></comment>
</target>
<actual value="108,603">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Travel time from Zemo Osiauri to Khevi
</narrative></title>
<baseline year="2015" iso-date="2015-12-31" value="17.70"></baseline>
<period>
<period-start iso-date="2015-12-31" />
<period-end iso-date="2025-06-30" />
<target value="13.20">
<comment><narrative>
Target almost achieved - the minor variance stems from optimistic appraisal-stage speed assumptions that did not fully reflect tunnel speed limits, affecting roughly 40 percent of the corridor.
</narrative></comment>
</target>
<actual value="13.4">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
National Logistics Program approved by GoG
</narrative></title>
<baseline year="2015" iso-date="2015-12-31" value="No"></baseline>
<period>
<period-start iso-date="2015-12-31" />
<period-end iso-date="2025-06-30" />
<target value="Yes">
<comment><narrative>
Target achieved
</narrative></comment>
</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Vehicle Operating Costs from Zemo Osiauri to Khevi (cars) US$/km
</narrative></title>
<baseline year="2015" iso-date="2015-12-31" value="0.31"></baseline>
<period>
<period-start iso-date="2015-12-31" />
<period-end iso-date="2025-06-30" />
<target value="0.28">
<comment><narrative>
Target exceeded
</narrative></comment>
</target>
<actual value="0.272">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
The study for the development of ITS system completed
</narrative></title>
<baseline year="2023" iso-date="2023-10-30" value="No"></baseline>
<period>
<period-start iso-date="2023-10-30" />
<period-end iso-date="2025-06-30" />
<target value="Yes">
<comment><narrative>
Target achieved
</narrative></comment>
</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Vehicle Operating Costs from Zemo Osiauri to Khevi (trucks) US$/km
</narrative></title>
<baseline year="2015" iso-date="2015-12-31" value="0.56"></baseline>
<period>
<period-start iso-date="2015-12-31" />
<period-end iso-date="2025-06-30" />
<target value="0.55">
<comment><narrative>
Target exceeded
</narrative></comment>
</target>
<actual value="0.506">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
 Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Key legislation/measures to provide an enabling environment to enhance logistics services drafted
</narrative></title>
<baseline year="2015" iso-date="2015-12-31" value="No"></baseline>
<period>
<period-start iso-date="2015-12-31" />
<period-end iso-date="2025-06-30" />
<target value="Yes">
<comment><narrative>
Target achieved
</narrative></comment>
</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
The study for the development of ITS system completed
</narrative></title>
<baseline year="2023" iso-date="2023-10-30" value="No"></baseline>
<period>
<period-start iso-date="2023-10-30" />
<period-end iso-date="2025-06-30" />
<target value="Yes">
<comment><narrative>
Target achieved
</narrative></comment>
</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
 Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of project related grievances addressed by the RD
</narrative></title>
<baseline year="2017" iso-date="2017-04-26" value="0.00"></baseline>
<period>
<period-start iso-date="2017-04-26" />
<period-end iso-date="2025-06-30" />
<target value="100.00">
<comment><narrative>
Target achieved
</narrative></comment>
</target>
<actual value="100.00">

</actual>
</period>
</indicator>
</result></iati-activity><iati-activity xml:lang="en" default-currency="USD" last-updated-datetime="2026-09-29T23:55:48" hierarchy="1"><iati-identifier>44000-P143060</iati-identifier><reporting-org ref="44000" type="40">
				<narrative  xml:lang="en">World Bank</narrative>
		</reporting-org><title xml:lang="en">
				<narrative>Georgia Competitiveness and Growth DPO2</narrative>
			</title><description type="2" xml:lang="en">
						<narrative><![CDATA[The Program Development Objective is to support competitiveness and inclusive growth. This will be achieved by:(i) Improving competitiveness through efforts to enhance market access for exports and foreign investment, facilitate trade, strengthen the investment climate in thepower sector, and modernize and build a high quality education system. These measures will support investment and exports as well as productivity increases neededfor both capacity and job creation;(ii) Strengthening public financial management by improving accounting controls through the phased introduction of IPSAS and better coverage and transparency of thebudget. The Government has already started expanding performance based budgeting to all levels of the Government. As part of the focus on results andquality ofspending, the measures under the proposed CG DPO series will support better accountability, coverage, and transparency of the budget; and(iii) Enhancing the effectiveness of social spending by strengthening social safety nets through improved quality of and access to health services and efficiency of thetargeted social assistance program. The measures under this pillar will support the enforcement of upgraded quality standards in hospitals and laboratories and willalso support wider access to health care services through an expansion in state-funded insurance. In addition, the efficiency of administration of the targeted programswill beimproved to ensure that applicants to both the Targeted Social Assistance and the Medical Insurance Program face smaller processingtimes before receivingbenefits.]]></narrative>
					</description><description type="1" xml:lang="en">
						<narrative><![CDATA[The objectives of the Second Competitiveness and Growth Development Policy Operation (CG DPO2) Program for Georgia which are supported by this development policy operation are to strengthen competitiveness and facilitate inclusive growth. These development objectives are anchored in the government's reform program. The CG DPO2 is the second in a series of three programmatic development policy operations for Georgia that support reforms aimed at strengthening competitiveness and facilitating inclusive growth.  The new government formed after the democratic parliamentary elections in October 2012 remains committed to growth enhancing structural reforms. The government retains full ownership of the policy actions under the ongoing competitiveness and growth DPO series, which should ensure implementation, follow-up, and sustainability of the supported reforms. The new government is also planning to strengthen focus on agriculture and rural development and on employment growth.The DPO has three pillars:(i) competitiveness pillar reforms target trade and trade facilitation, modernization of education, and power sector reforms to encourage investment, strengthen productive capacity, create jobs, and provide easier access to world markets; (ii) public financial management pillar, improvements in the efficiency of public financial management will complement fiscal adjustment and ensure better quality of spending in line with growth and social priorities through enhanced budgetary accountability, coverage, and transparency;  and (iii) effectiveness of social spending pillar, greater effectiveness of social spending will help ensure that the benefits of growth are broadly shared, along with a strengthening of social safety nets.The bank's support focuses on areas of comparative advantage where it is able to leverage expertise and technical support through cooperation with international partners.]]></narrative>
					</description><participating-org role="1" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org><participating-org role="2" xml:lang="en" ref="GE–ORP0012136"><narrative>Ministry of Finance</narrative></participating-org><participating-org role="3" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org>
					<participating-org role="1" ref="44002" type="40" xml:lang="en"><narrative>International Development Association</narrative></participating-org>
					<participating-org role="3" ref="44002" type="40" xml:lang="en"><narrative>International Development Association</narrative></participating-org><participating-org role="4" xml:lang="en" ref="GE–ORP0012137"><narrative>Ministry of Finance</narrative></participating-org>
<activity-status code="3" /><activity-date type="1" iso-date="2013-07-25">						
											<narrative>Planned start date of the activity</narrative>
											</activity-date><activity-date type="2" iso-date="2013-06-27">
						<narrative>Actual start date of the activity</narrative>
						</activity-date><activity-date type="3" iso-date="2014-03-31"><narrative>Planned end date of the activity</narrative>
						</activity-date><activity-date type="4" iso-date="2014-03-31"><narrative>Actual end date of the activity</narrative></activity-date><contact-info type="1">
			<organisation>
				<narrative>The World Bank</narrative>
			</organisation>
			<person-name>
							<narrative>Rashmi Shankar</narrative>
						</person-name>
				<telephone>+1-202-473-1000</telephone><email>rshankar@worldbankgroup.org</email>
				<email>pic@worldbank.org</email>
				<mailing-address>
					<narrative>The World Bank, 1818 H Street, NW, Washington, DC 20433 USA</narrative>
				</mailing-address>
			</contact-info>



<recipient-country code="GE" percentage="100"><narrative xml:lang="en">GEORGIA</narrative></recipient-country><location>
							<location-reach code="1" />
							<location-id vocabulary="G1" code="611717" />
							<name><narrative>Tbilisi</narrative></name>
							<point srsName="http://www.opengis.net/def/crs/EPSG/0/4326">
							<pos>41.69411 44.833679</pos>
							</point>
							<exactness code="2"/>
							<location-class code="2" />
						</location><sector vocabulary="1" code="33210" percentage="23" xml:lang="en"/><sector vocabulary="1" code="11110" percentage="22" xml:lang="en"/><sector vocabulary="1" code="15117" percentage="22" xml:lang="en"/><sector vocabulary="1" code="12220" percentage="11" xml:lang="en"/><sector vocabulary="1" code="23220" percentage="11" xml:lang="en"/><sector vocabulary="1" code="16011" percentage="11" xml:lang="en"/><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="SA" percentage="22.0000000" xml:lang="en"><narrative>FY17 - Social Protection</narrative></sector><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="BZ" percentage="22.0000000" xml:lang="en"><narrative>FY17 - Other Public Administration</narrative></sector><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="YY" percentage="23.0000000" xml:lang="en"><narrative>FY17 - Trade</narrative></sector><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="EZ" percentage="22.0000000" xml:lang="en"><narrative>FY17 - Other Education</narrative></sector><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="LZ" percentage="11.0000000" xml:lang="en"><narrative>FY17 - Other Energy and Extractives</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000065" percentage="22" xml:lang="en"><narrative>Education</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000014" percentage="34" xml:lang="en"><narrative>Trade</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000065" percentage="22" xml:lang="en"><narrative>Education</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000043" percentage="11" xml:lang="en"><narrative>Public Administration</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000651" percentage="11" xml:lang="en"><narrative>Access to Education</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000052" percentage="11" xml:lang="en"><narrative>Social Protection</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000065" percentage="22" xml:lang="en"><narrative>Education</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000052" percentage="11" xml:lang="en"><narrative>Social Protection</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000631" percentage="11" xml:lang="en"><narrative>Health System Strengthening</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000521" percentage="11" xml:lang="en"><narrative>Social Safety Nets</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000521" percentage="11" xml:lang="en"><narrative>Social Safety Nets</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000432" percentage="11" xml:lang="en"><narrative>Transparency, Accountability and Good Governance</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000432" percentage="11" xml:lang="en"><narrative>Transparency, Accountability and Good Governance</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000041" percentage="11" xml:lang="en"><narrative>Public Finance Management</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000652" percentage="11" xml:lang="en"><narrative>Education Financing</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000041" percentage="11" xml:lang="en"><narrative>Public Finance Management</narrative></sector><collaboration-type code="2" /><default-aid-type code="A02" xml:lang="en"/><default-tied-status code="5" /><budget type="1" status="1">
<period-start iso-date="2013-06-01"/>
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</budget>
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<budget type="2" status="1">
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</budget>
<budget type="2" status="1">
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<budget type="2" status="1">
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<budget type="2" status="1">
<period-start iso-date="2017-03-01"/>
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<value currency="USD" value-date="2017-03-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2017-04-01"/>
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<value currency="USD" value-date="2017-04-30">0</value>
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<budget type="2" status="1">
<period-start iso-date="2017-05-01"/>
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<value currency="USD" value-date="2017-05-31">0</value>
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<budget type="1" status="1">
<period-start iso-date="2014-03-31 00:00:00.0000000-03-01"/>
<period-end iso-date="2014-03-31"/>
<value currency="USD" value-date="2014-03-31">60000000.0000</value>
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<budget type="2" status="1">
<period-start iso-date="2014-03-31 00:00:00.0000000-03-01"/>
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<value currency="USD" value-date="2014-03-31">60000000.0000</value>
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<transaction><transaction-type code="2" /><transaction-date iso-date="2013-06-30"/><value value-date="2013-06-30">28000000</value><description xml:lang="en"><narrative>Total Commitment in June Month of 2013</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><flow-type code="10" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2013-10-31"/><value value-date="2013-10-31">32000000</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2013</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2013-10-31"/><value value-date="2013-10-31">28789266</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2013</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><flow-type code="10" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2013-10-31"/><value value-date="2013-10-31">-80000</value><description xml:lang="en"><narrative>Total Interest Repayment in October Month of 2013</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2014-01-31"/><value value-date="2014-01-31">-64235</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2014</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2014-01-31"/><value value-date="2014-01-31">-127884</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2014</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><flow-type code="10" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2014-07-31"/><value value-date="2014-07-31">-287422</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2014</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><flow-type code="10" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2014-07-31"/><value value-date="2014-07-31">-130320</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2014</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2015-01-31"/><value value-date="2015-01-31">-135751</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2015-01-31"/><value value-date="2015-01-31">-265991</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2015</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><flow-type code="10" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2015-07-31"/><value value-date="2015-07-31">-259957</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2015</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><flow-type code="10" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2015-07-31"/><value value-date="2015-07-31">-143191</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2015</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2016-01-31"/><value value-date="2016-01-31">-165191</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2016-01-31"/><value value-date="2016-01-31">-257340</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2016</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><flow-type code="10" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2016-07-31"/><value value-date="2016-07-31">-259269</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2016</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><flow-type code="10" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2016-07-31"/><value value-date="2016-07-31">-231342</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2016</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-01-31"/><value value-date="2017-01-31">-260053</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-01-31"/><value value-date="2017-01-31">-251333</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2017</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><flow-type code="10" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-07-31"/><value value-date="2017-07-31">-254887</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2017</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><flow-type code="10" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2017-07-31"/><value value-date="2017-07-31">-316951</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2017</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-01-31"/><value value-date="2018-01-31">-345102</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-01-31"/><value value-date="2018-01-31">-266608</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2018</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><flow-type code="10" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-07-31"/><value value-date="2018-07-31">-264464</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2018</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><flow-type code="10" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2018-07-31"/><value value-date="2018-07-31">-408658</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2018</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-01-31"/><value value-date="2019-01-31">-240131</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2019</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><flow-type code="10" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-01-31"/><value value-date="2019-01-31">-523378</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-07-31"/><value value-date="2019-07-31">-249397</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2019</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><flow-type code="10" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2019-07-31"/><value value-date="2019-07-31">-572764</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2019</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-01-31"/><value value-date="2020-01-31">-474311</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-01-31"/><value value-date="2020-01-31">-227985</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2020</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><flow-type code="10" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-07-31"/><value value-date="2020-07-31">-215313</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2020</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><flow-type code="10" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-07-31"/><value value-date="2020-07-31">-412533</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-01-31"/><value value-date="2021-01-31">-233500</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2021</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><flow-type code="10" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-01-31"/><value value-date="2021-01-31">-170098</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-07-31"/><value value-date="2021-07-31">-156062</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-07-31"/><value value-date="2021-07-31">-230936</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2021</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><flow-type code="10" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-01-31"/><value value-date="2022-01-31">-143929</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-01-31"/><value value-date="2022-01-31">-212976</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2022</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><flow-type code="10" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-07-31"/><value value-date="2022-07-31">-183228</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-07-31"/><value value-date="2022-07-31">-196581</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2022</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><flow-type code="10" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-01-31"/><value value-date="2023-01-31">-168317</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2023</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><flow-type code="10" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-01-31"/><value value-date="2023-01-31">-697351</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-07-31"/><value value-date="2023-07-31">-920657</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-07-31"/><value value-date="2023-07-31">-200978</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2023</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><flow-type code="10" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-01-31"/><value value-date="2024-01-31">-176399</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2024</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><flow-type code="10" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-01-31"/><value value-date="2024-01-31">-1022135</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-07-31"/><value value-date="2024-07-31">-986324</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-07-31"/><value value-date="2024-07-31">-169712</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2024</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><flow-type code="10" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-01-31"/><value value-date="2025-01-31">-156623</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2025</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><flow-type code="10" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-01-31"/><value value-date="2025-01-31">-903205</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-07-31"/><value value-date="2025-07-31">-766042</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-07-31"/><value value-date="2025-07-31">-139869</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2025</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><flow-type code="10" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2026-01-31"/><value value-date="2026-01-31">-156062</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2026</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><flow-type code="10" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2026-01-31"/><value value-date="2026-01-31">-724489</value><description xml:lang="en"><narrative>Total Interest Repayment in January Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2018-07-31"/><value value-date="2018-07-31">-860541</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2018</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><flow-type code="10" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2019-01-31"/><value value-date="2019-01-31">-856447</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2019</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><flow-type code="10" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2019-07-31"/><value value-date="2019-07-31">-849953</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2019</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><flow-type code="10" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2020-01-31"/><value value-date="2020-01-31">-847940</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2020</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><flow-type code="10" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2020-07-31"/><value value-date="2020-07-31">-426708</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2020</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><flow-type code="10" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2021-01-31"/><value value-date="2021-01-31">-442059</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2021</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><flow-type code="10" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2021-07-31"/><value value-date="2021-07-31">-437204</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2021</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><flow-type code="10" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2022-01-31"/><value value-date="2022-01-31">-432085</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2022</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><flow-type code="10" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2022-07-31"/><value value-date="2022-07-31">-803654</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2022</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><flow-type code="10" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2023-01-31"/><value value-date="2023-01-31">-827654</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2023</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><flow-type code="10" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2023-07-31"/><value value-date="2023-07-31">-831398</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2023</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><flow-type code="10" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2023-07-31"/><value value-date="2023-07-31">-1065600</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2024-01-31"/><value value-date="2024-01-31">-1065600</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2024-01-31"/><value value-date="2024-01-31">-820067</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2024</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><flow-type code="10" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2024-07-31"/><value value-date="2024-07-31">-814672</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2024</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><flow-type code="10" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2024-07-31"/><value value-date="2024-07-31">-1065600</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2025-01-31"/><value value-date="2025-01-31">-1065600</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2025-01-31"/><value value-date="2025-01-31">-796547</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2025</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><flow-type code="10" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2025-07-31"/><value value-date="2025-07-31">-839642</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2025</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><flow-type code="10" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2025-07-31"/><value value-date="2025-07-31">-1065600</value><description xml:lang="en"><narrative>Total Loan Repayment in July Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2026-01-31"/><value value-date="2026-01-31">-837278</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2026</narrative></description><provider-org ref="44002"><narrative>IDA Credit</narrative></provider-org><flow-type code="10" /></transaction>
<transaction><transaction-type code="6" /><transaction-date iso-date="2026-01-31"/><value value-date="2026-01-31">-1065600</value><description xml:lang="en"><narrative>Total Loan Repayment in January Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P143060"><title xml:lang="en"><narrative>Contract Awards</narrative></title><category code="A11" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-detail/P143060?lang=en"><title xml:lang="en"><narrative>Project URL</narrative></title><category code="A12" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P143060"><title xml:lang="en"><narrative>Procurement Notices</narrative></title><category code="A10" /></document-link></iati-activity><iati-activity xml:lang="en" default-currency="USD" last-updated-datetime="2026-09-29T23:55:54" hierarchy="1"><iati-identifier>44000-P173911</iati-identifier><reporting-org ref="44000" type="40">
				<narrative  xml:lang="en">World Bank</narrative>
		</reporting-org><title xml:lang="en">
				<narrative>Georgia Emergency COVID-19 Response Project</narrative>
			</title><description type="2" xml:lang="en">
						<narrative><![CDATA[The project development objective is to prevent, detect, and respond to the threat posed by the COVID-19 pandemic and strengthen national systems for public health preparedness in Georgia.]]></narrative>
					</description><description type="1" xml:lang="en">
						<narrative><![CDATA[The proposed project will support the Government of Georgia in responding to the threat posed by COVID-19 pandemic and strengthen national systems for public health preparedness in Georgia.The Project comprises three Components: (1) Emergency COVID-19 Response; (2) Enabling health measures to contain the COVID-19 outbreak through temporary income support for poor households and vulnerable individuals, and (3)  Project management and monitoring. Component 1 -  will provide immediate support to respond to the COVID-19 outbreak, with a focus on limiting community transmission, building capabilities to handle severe cases. This component will help to strengthen public health laboratories and epidemiological capacity for early detection and confirmation of cases.  It will also contribute to the strengthening of health system preparedness, improve the quality of medical care provided to COVID-19 patients, and minimize the risks for health personnel and patients. Component 2 -  will provide immediate support to mitigate the effect of containment measures on the population by providing new temporary cash transfers to poor and vulnerable families, through the existing Targeted Social Assistance program and temporary unemployment benefits to those who became unemployed due to the COVID-19 outbreak. Component 3 - will support the overall project management and monitoring, including procurement, financial management, as well as regular monitoring and reporting on project implementation progress.]]></narrative>
					</description><participating-org role="1" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org><participating-org role="2" xml:lang="en" ref="GE–ORP0045426"><narrative>Georgia</narrative></participating-org><participating-org role="2" xml:lang="en" ref="GE–ORP0045426"><narrative>Georgia</narrative></participating-org><participating-org role="3" ref="44001" type="40" xml:lang="en"><narrative>International Bank for Reconstruction and Development</narrative></participating-org>
					<participating-org role="1" ref="44002" type="40" xml:lang="en"><narrative>International Development Association</narrative></participating-org>
					<participating-org role="3" ref="44002" type="40" xml:lang="en"><narrative>International Development Association</narrative></participating-org><participating-org role="4" xml:lang="en" ref="GE–ORP0045427"><narrative>Ministry of Internally Displaced Persons from the Occupied Territories, Labor, Health and Social Aff</narrative></participating-org>
<participating-org role="4" xml:lang="en" ref="GE–ORP0045427"><narrative>Ministry of Internally Displaced Persons from the Occupied Territories, Labor, Health and Social Aff</narrative></participating-org>
<activity-status code="3" /><activity-date type="1" iso-date="2020-04-23">						
											<narrative>Planned start date of the activity</narrative>
											</activity-date><activity-date type="2" iso-date="2020-04-30">
						<narrative>Actual start date of the activity</narrative>
						</activity-date><activity-date type="3" iso-date="2024-04-30"><narrative>Planned end date of the activity</narrative>
						</activity-date><activity-date type="4" iso-date="2024-04-30"><narrative>Actual end date of the activity</narrative></activity-date><contact-info type="1">
			<organisation>
				<narrative>The World Bank</narrative>
			</organisation>
			<person-name>
							<narrative>Christine Lao Pena</narrative>
						</person-name>
				<telephone>+1-202-473-1000</telephone><email>cpena@worldbank.org</email>
				<email>pic@worldbank.org</email>
				<mailing-address>
					<narrative>The World Bank, 1818 H Street, NW, Washington, DC 20433 USA</narrative>
				</mailing-address>
			</contact-info>





<recipient-country code="GE" percentage="100"><narrative xml:lang="en">GEORGIA</narrative></recipient-country><location>
						<location-reach code="1" />
						<location-id vocabulary="G1" code="0000614540" />
						<name><narrative>Georgia</narrative></name>
						<point srsName="http://www.opengis.net/def/crs/EPSG/0/4326">
						<pos>41.99998 43.4999</pos>
						</point>
						<exactness code="2"/>
						<location-class code="1" />
					</location><sector vocabulary="1" code="16011" percentage="60" xml:lang="en"/><sector vocabulary="1" code="12230" percentage="15" xml:lang="en"/><sector vocabulary="1" code="12191" percentage="15" xml:lang="en"/><sector vocabulary="1" code="12110" percentage="10" xml:lang="en"/><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="HQ" percentage="20.0000000" xml:lang="en"><narrative>FY17 - Health Facilities and Construction</narrative></sector><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="HG" percentage="20.0000000" xml:lang="en"><narrative>FY17 - Health</narrative></sector><sector vocabulary="99" vocabulary-uri="http://pubdocs.worldbank.org/en/538321490128452070/Sector-Taxonomy-and-definitions.pdf" code="SA" percentage="60.0000000" xml:lang="en"><narrative>FY17 - Social Protection</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000632" percentage="30" xml:lang="en"><narrative>Health Service Delivery</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000062" percentage="100" xml:lang="en"><narrative>Disease Control</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000052" percentage="60" xml:lang="en"><narrative>Social Protection</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000626" percentage="100" xml:lang="en"><narrative>Pandemic Response</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000631" percentage="40" xml:lang="en"><narrative>Health System Strengthening</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000631" percentage="40" xml:lang="en"><narrative>Health System Strengthening</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000631" percentage="40" xml:lang="en"><narrative>Health System Strengthening</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000633" percentage="40" xml:lang="en"><narrative>Health Finance</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000063" percentage="40" xml:lang="en"><narrative>Health Systems and Policies</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000063" percentage="40" xml:lang="en"><narrative>Health Systems and Policies</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000061" percentage="60" xml:lang="en"><narrative>Gender</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000522" percentage="60" xml:lang="en"><narrative>Social Insurance and Pensions</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000052" percentage="60" xml:lang="en"><narrative>Social Protection</narrative></sector><sector vocabulary="98" vocabulary-uri="http://pubdocs.worldbank.org/en/275841490966525495/Theme-Taxonomy-and-definitions.pdf" code="000632" percentage="30" xml:lang="en"><narrative>Health Service Delivery</narrative></sector><humanitarian-scope type="1" vocabulary="1-2" code="EP-2020-000012-001"> </humanitarian-scope>
		<humanitarian-scope type="2" vocabulary="2-1" code="HCOVD20"> </humanitarian-scope><collaboration-type code="2" /><default-aid-type code="C01" xml:lang="en"/><default-tied-status code="5" /><budget type="1" status="1">
<period-start iso-date="2020-04-01"/>
<period-end iso-date="2020-04-30"/>
<value currency="USD" value-date="2020-04-30">0.0000</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2020-05-01"/>
<period-end iso-date="2020-05-31"/>
<value currency="USD" value-date="2020-05-31">0.0000</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2020-06-01"/>
<period-end iso-date="2020-06-30"/>
<value currency="USD" value-date="2020-06-30">500000.0000</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2020-07-01"/>
<period-end iso-date="2020-07-31"/>
<value currency="USD" value-date="2020-07-31">0.0000</value>
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<budget type="1" status="1">
<period-start iso-date="2020-08-01"/>
<period-end iso-date="2020-08-31"/>
<value currency="USD" value-date="2020-08-31">0.0000</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2020-09-01"/>
<period-end iso-date="2020-09-30"/>
<value currency="USD" value-date="2020-09-30">17000000.0000</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2020-10-01"/>
<period-end iso-date="2020-10-31"/>
<value currency="USD" value-date="2020-10-31">0.0000</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2020-11-01"/>
<period-end iso-date="2020-11-30"/>
<value currency="USD" value-date="2020-11-30">0.0000</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2020-12-01"/>
<period-end iso-date="2020-12-31"/>
<value currency="USD" value-date="2020-12-31">17000000.0000</value>
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<budget type="1" status="1">
<period-start iso-date="2021-01-01"/>
<period-end iso-date="2021-01-31"/>
<value currency="USD" value-date="2021-01-31">0.0000</value>
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<budget type="1" status="1">
<period-start iso-date="2021-02-01"/>
<period-end iso-date="2021-02-28"/>
<value currency="USD" value-date="2021-02-28">0.0000</value>
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<budget type="1" status="1">
<period-start iso-date="2021-03-01"/>
<period-end iso-date="2021-03-31"/>
<value currency="USD" value-date="2021-03-31">17000000.0000</value>
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<budget type="1" status="1">
<period-start iso-date="2021-04-01"/>
<period-end iso-date="2021-04-30"/>
<value currency="USD" value-date="2021-04-30">0.0000</value>
</budget>
<budget type="1" status="1">
<period-start iso-date="2021-05-01"/>
<period-end iso-date="2021-05-31"/>
<value currency="USD" value-date="2021-05-31">0.0000</value>
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<budget type="1" status="1">
<period-start iso-date="2021-06-01"/>
<period-end iso-date="2021-06-30"/>
<value currency="USD" value-date="2021-06-30">17000000.0000</value>
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<budget type="1" status="1">
<period-start iso-date="2021-07-01"/>
<period-end iso-date="2021-07-31"/>
<value currency="USD" value-date="2021-07-31">9000000.0000</value>
</budget>
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<period-start iso-date="2023-03-01"/>
<period-end iso-date="2023-03-31"/>
<value currency="USD" value-date="2023-03-31">0.0000</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-04-01"/>
<period-end iso-date="2023-04-30"/>
<value currency="USD" value-date="2023-04-30">0.0000</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-05-01"/>
<period-end iso-date="2023-05-31"/>
<value currency="USD" value-date="2023-05-31">0.0000</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-06-01"/>
<period-end iso-date="2023-06-30"/>
<value currency="USD" value-date="2023-06-30">0.0000</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-07-01"/>
<period-end iso-date="2023-07-31"/>
<value currency="USD" value-date="2023-07-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-08-01"/>
<period-end iso-date="2023-08-31"/>
<value currency="USD" value-date="2023-08-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-09-01"/>
<period-end iso-date="2023-09-30"/>
<value currency="USD" value-date="2023-09-30">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-10-01"/>
<period-end iso-date="2023-10-31"/>
<value currency="USD" value-date="2023-10-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-11-01"/>
<period-end iso-date="2023-11-30"/>
<value currency="USD" value-date="2023-11-30">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2023-12-01"/>
<period-end iso-date="2023-12-31"/>
<value currency="USD" value-date="2023-12-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-01-01"/>
<period-end iso-date="2024-01-31"/>
<value currency="USD" value-date="2024-01-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-02-01"/>
<period-end iso-date="2024-02-29"/>
<value currency="USD" value-date="2024-02-29">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-03-01"/>
<period-end iso-date="2024-03-31"/>
<value currency="USD" value-date="2024-03-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-04-01"/>
<period-end iso-date="2024-04-30"/>
<value currency="USD" value-date="2024-04-30">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-05-01"/>
<period-end iso-date="2024-05-31"/>
<value currency="USD" value-date="2024-05-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-06-01"/>
<period-end iso-date="2024-06-30"/>
<value currency="USD" value-date="2024-06-30">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-07-01"/>
<period-end iso-date="2024-07-31"/>
<value currency="USD" value-date="2024-07-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-08-01"/>
<period-end iso-date="2024-08-31"/>
<value currency="USD" value-date="2024-08-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-09-01"/>
<period-end iso-date="2024-09-30"/>
<value currency="USD" value-date="2024-09-30">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-10-01"/>
<period-end iso-date="2024-10-31"/>
<value currency="USD" value-date="2024-10-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-11-01"/>
<period-end iso-date="2024-11-30"/>
<value currency="USD" value-date="2024-11-30">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2024-12-01"/>
<period-end iso-date="2024-12-31"/>
<value currency="USD" value-date="2024-12-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2025-01-01"/>
<period-end iso-date="2025-01-31"/>
<value currency="USD" value-date="2025-01-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2025-02-01"/>
<period-end iso-date="2025-02-28"/>
<value currency="USD" value-date="2025-02-28">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2025-03-01"/>
<period-end iso-date="2025-03-31"/>
<value currency="USD" value-date="2025-03-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2025-04-01"/>
<period-end iso-date="2025-04-30"/>
<value currency="USD" value-date="2025-04-30">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2025-05-01"/>
<period-end iso-date="2025-05-31"/>
<value currency="USD" value-date="2025-05-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2025-06-01"/>
<period-end iso-date="2025-06-30"/>
<value currency="USD" value-date="2025-06-30">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2025-07-01"/>
<period-end iso-date="2025-07-31"/>
<value currency="USD" value-date="2025-07-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2025-08-01"/>
<period-end iso-date="2025-08-31"/>
<value currency="USD" value-date="2025-08-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2025-09-01"/>
<period-end iso-date="2025-09-30"/>
<value currency="USD" value-date="2025-09-30">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2025-10-01"/>
<period-end iso-date="2025-10-31"/>
<value currency="USD" value-date="2025-10-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2025-11-01"/>
<period-end iso-date="2025-11-30"/>
<value currency="USD" value-date="2025-11-30">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2025-12-01"/>
<period-end iso-date="2025-12-31"/>
<value currency="USD" value-date="2025-12-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2026-01-01"/>
<period-end iso-date="2026-01-31"/>
<value currency="USD" value-date="2026-01-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2026-02-01"/>
<period-end iso-date="2026-02-28"/>
<value currency="USD" value-date="2026-02-28">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2026-03-01"/>
<period-end iso-date="2026-03-31"/>
<value currency="USD" value-date="2026-03-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2026-04-01"/>
<period-end iso-date="2026-04-30"/>
<value currency="USD" value-date="2026-04-30">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2026-05-01"/>
<period-end iso-date="2026-05-31"/>
<value currency="USD" value-date="2026-05-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2026-06-01"/>
<period-end iso-date="2026-06-30"/>
<value currency="USD" value-date="2026-06-30">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2026-07-01"/>
<period-end iso-date="2026-07-31"/>
<value currency="USD" value-date="2026-07-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2026-08-01"/>
<period-end iso-date="2026-08-31"/>
<value currency="USD" value-date="2026-08-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2026-09-01"/>
<period-end iso-date="2026-09-30"/>
<value currency="USD" value-date="2026-09-30">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2026-10-01"/>
<period-end iso-date="2026-10-31"/>
<value currency="USD" value-date="2026-10-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2026-11-01"/>
<period-end iso-date="2026-11-30"/>
<value currency="USD" value-date="2026-11-30">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2026-12-01"/>
<period-end iso-date="2026-12-31"/>
<value currency="USD" value-date="2026-12-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2027-01-01"/>
<period-end iso-date="2027-01-31"/>
<value currency="USD" value-date="2027-01-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2027-02-01"/>
<period-end iso-date="2027-02-28"/>
<value currency="USD" value-date="2027-02-28">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2027-03-01"/>
<period-end iso-date="2027-03-31"/>
<value currency="USD" value-date="2027-03-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2027-04-01"/>
<period-end iso-date="2027-04-30"/>
<value currency="USD" value-date="2027-04-30">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2027-05-01"/>
<period-end iso-date="2027-05-31"/>
<value currency="USD" value-date="2027-05-31">0</value>
</budget>
<budget type="2" status="1">
<period-start iso-date="2027-06-01"/>
<period-end iso-date="2027-06-30"/>
<value currency="USD" value-date="2027-06-30">0</value>
</budget>
<capital-spend percentage="100" /><transaction><transaction-type code="2" /><transaction-date iso-date="2020-04-30"/><value value-date="2020-04-30">80000000</value><description xml:lang="en"><narrative>Total Commitment in April Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="2" /><transaction-date iso-date="2021-06-30"/><value value-date="2021-06-30">34500000</value><description xml:lang="en"><narrative>Total Commitment in June Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="2" /><transaction-date iso-date="2025-01-31"/><value value-date="2025-01-31">-9073827</value><description xml:lang="en"><narrative>Total Commitment Cancellations in January Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-05-31"/><value value-date="2020-05-31">201153</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-07-31"/><value value-date="2020-07-31">27612216</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-10-31"/><value value-date="2020-10-31">4188805</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-11-30"/><value value-date="2020-11-30">5222498</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2020-12-31"/><value value-date="2020-12-31">4067805</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-01-31"/><value value-date="2021-01-31">17355224</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-02-28"/><value value-date="2021-02-28">4753068</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-04-30"/><value value-date="2021-04-30">5277698</value><description xml:lang="en"><narrative>Total Disbursement in April Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-05-31"/><value value-date="2021-05-31">2582890</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-06-30"/><value value-date="2021-06-30">309687</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-07-31"/><value value-date="2021-07-31">84608</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-08-31"/><value value-date="2021-08-31">5153074</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-08-31"/><value value-date="2021-08-31">0</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-09-30"/><value value-date="2021-09-30">517888</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-10-31"/><value value-date="2021-10-31">2890375</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-11-30"/><value value-date="2021-11-30">996048</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-12-31"/><value value-date="2021-12-31">3252299</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2021-12-31"/><value value-date="2021-12-31">1314170</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-01-31"/><value value-date="2022-01-31">54513</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-02-28"/><value value-date="2022-02-28">12189003</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-03-31"/><value value-date="2022-03-31">6367902</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-05-31"/><value value-date="2022-05-31">2888</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-07-31"/><value value-date="2022-07-31">24360</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-08-31"/><value value-date="2022-08-31">0</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-11-30"/><value value-date="2022-11-30">3714262</value><description xml:lang="en"><narrative>Total Disbursement in November Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2022-12-31"/><value value-date="2022-12-31">472349</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-01-31"/><value value-date="2023-01-31">19203</value><description xml:lang="en"><narrative>Total Disbursement in January Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-02-28"/><value value-date="2023-02-28">0</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-03-31"/><value value-date="2023-03-31">45013</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-05-31"/><value value-date="2023-05-31">127354</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-06-30"/><value value-date="2023-06-30">284771</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-06-30"/><value value-date="2023-06-30">142157</value><description xml:lang="en"><narrative>Total Disbursement in June Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-08-31"/><value value-date="2023-08-31">0</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-09-30"/><value value-date="2023-09-30">296682</value><description xml:lang="en"><narrative>Total Disbursement in September Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2023-12-31"/><value value-date="2023-12-31">561900</value><description xml:lang="en"><narrative>Total Disbursement in December Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-02-29"/><value value-date="2024-02-29">0</value><description xml:lang="en"><narrative>Total Disbursement in February Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-03-31"/><value value-date="2024-03-31">395955</value><description xml:lang="en"><narrative>Total Disbursement in March Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-05-31"/><value value-date="2024-05-31">64683</value><description xml:lang="en"><narrative>Total Disbursement in May Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-07-31"/><value value-date="2024-07-31">14173</value><description xml:lang="en"><narrative>Total Disbursement in July Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-08-31"/><value value-date="2024-08-31">0</value><description xml:lang="en"><narrative>Total Disbursement in August Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="3" /><transaction-date iso-date="2024-10-31"/><value value-date="2024-10-31">-1956611</value><description xml:lang="en"><narrative>Total Disbursement in October Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-05-31"/><value value-date="2020-05-31">-201153</value><description xml:lang="en"><narrative>Total Interest Repayment in May Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2020-08-31"/><value value-date="2020-08-31">-512</value><description xml:lang="en"><narrative>Total Interest Repayment in August Month of 2020</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-02-28"/><value value-date="2021-02-28">-193215</value><description xml:lang="en"><narrative>Total Interest Repayment in February Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-07-31"/><value value-date="2021-07-31">-84608</value><description xml:lang="en"><narrative>Total Interest Repayment in July Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2021-08-31"/><value value-date="2021-08-31">-270125</value><description xml:lang="en"><narrative>Total Interest Repayment in August Month of 2021</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-02-28"/><value value-date="2022-02-28">-285333</value><description xml:lang="en"><narrative>Total Interest Repayment in February Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-02-28"/><value value-date="2022-02-28">-2759</value><description xml:lang="en"><narrative>Total Interest Repayment in February Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-08-31"/><value value-date="2022-08-31">-134353</value><description xml:lang="en"><narrative>Total Interest Repayment in August Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2022-08-31"/><value value-date="2022-08-31">-285345</value><description xml:lang="en"><narrative>Total Interest Repayment in August Month of 2022</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-02-28"/><value value-date="2023-02-28">-775989</value><description xml:lang="en"><narrative>Total Interest Repayment in February Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-02-28"/><value value-date="2023-02-28">-221082</value><description xml:lang="en"><narrative>Total Interest Repayment in February Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-08-31"/><value value-date="2023-08-31">-242350</value><description xml:lang="en"><narrative>Total Interest Repayment in August Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2023-08-31"/><value value-date="2023-08-31">-1726294</value><description xml:lang="en"><narrative>Total Interest Repayment in August Month of 2023</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-02-29"/><value value-date="2024-02-29">-2067253</value><description xml:lang="en"><narrative>Total Interest Repayment in February Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-02-29"/><value value-date="2024-02-29">-240510</value><description xml:lang="en"><narrative>Total Interest Repayment in February Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-08-31"/><value value-date="2024-08-31">-1839465</value><description xml:lang="en"><narrative>Total Interest Repayment in August Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2024-08-31"/><value value-date="2024-08-31">-258657</value><description xml:lang="en"><narrative>Total Interest Repayment in August Month of 2024</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-02-28"/><value value-date="2025-02-28">-1560955</value><description xml:lang="en"><narrative>Total Interest Repayment in February Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-02-28"/><value value-date="2025-02-28">-214423</value><description xml:lang="en"><narrative>Total Interest Repayment in February Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-08-31"/><value value-date="2025-08-31">-240322</value><description xml:lang="en"><narrative>Total Interest Repayment in August Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2025-08-31"/><value value-date="2025-08-31">-1742663</value><description xml:lang="en"><narrative>Total Interest Repayment in August Month of 2025</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2026-02-28"/><value value-date="2026-02-28">-1768462</value><description xml:lang="en"><narrative>Total Interest Repayment in February Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<transaction><transaction-type code="5" /><transaction-date iso-date="2026-02-28"/><value value-date="2026-02-28">-246608</value><description xml:lang="en"><narrative>Total Interest Repayment in February Month of 2026</narrative></description><provider-org ref="44001"><narrative>International Bank for Reconstruction and Development</narrative></provider-org><flow-type code="20" /></transaction>
<document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P173911"><title xml:lang="en"><narrative>Contract Awards</narrative></title><category code="A11" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-detail/P173911?lang=en"><title xml:lang="en"><narrative>Project URL</narrative></title><category code="A12" /></document-link><document-link format="text/html" url="https://projects.worldbank.org/en/projects-operations/project-procurement/P173911"><title xml:lang="en"><narrative>Procurement Notices</narrative></title><category code="A10" /></document-link><result type="2" aggregation-status="0">
<title><narrative>
Project Development Objectives 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Share of the population in the poorest quintile who are receiving the COVID-19 pandemic related social assistance programs.
</narrative></title>
<baseline year="2020" iso-date="2020-04-16" value="36.00"></baseline>
<period>
<period-start iso-date="2020-04-16" />
<period-end iso-date="2024-04-30" />
<target value="45.00">
<comment><narrative>
target surpassed
</narrative></comment>
</target>
<actual value="62.60">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
 Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Number of designated public hospitals with isolation capacity.
</narrative></title>
<baseline year="2020" iso-date="2020-04-16" value="0.00"></baseline>
<period>
<period-start iso-date="2020-04-16" />
<period-end iso-date="2024-04-30" />
<target value="4.00">
<comment><narrative>
target achieved
</narrative></comment>
</target>
<actual value="4.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
Project Development Objectives 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Percentage of the population vaccinated, which are included in the priority population targets defined in the national plan:  (a) Males; and  (b) Females
</narrative></title>
<baseline year="2021" iso-date="2021-03-12" value="(a) 0.8%(b) 0.8%"></baseline>
<period>
<period-start iso-date="2021-03-12" />
<period-end iso-date="2024-04-30" />
<target value="(a) 35%(b) 50%">
<comment><narrative>
targets surpassed
</narrative></comment>
</target>
<actual value="(a) 45% (b) 53%">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
 Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of vulnerable households receiving temporary cash benefit.
</narrative></title>
<baseline year="2020" iso-date="2020-04-16" value="0.00"></baseline>
<period>
<period-start iso-date="2020-04-16" />
<period-end iso-date="2024-04-30" />
<target value="70,000.00">
<comment><narrative>
target surpassed
</narrative></comment>
</target>
<actual value="108,577.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
 Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of eligible COVID-19 vaccines procured
</narrative></title>
<baseline year="2021" iso-date="2021-03-12" value="0.00"></baseline>
<period>
<period-start iso-date="2021-03-12" />
<period-end iso-date="2024-04-30" />
<target value="2,474,000.00">
<comment><narrative>
target surpassed
</narrative></comment>
</target>
<actual value="3,825,170.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
 Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of designated laboratories with COVID-19 diagnostic equipment, test kits, and reagents per MOILHSA guidelines.
</narrative></title>
<baseline year="2020" iso-date="2020-04-16" value="0.00"></baseline>
<period>
<period-start iso-date="2020-04-16" />
<period-end iso-date="2024-04-30" />
<target value="32.00">
<comment><narrative>
target surpassed
</narrative></comment>
</target>
<actual value="38.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
 Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of beneficiaries reporting that community engagement and outreach meet their needs.
</narrative></title>
<baseline year="2020" iso-date="2020-04-16" value="0.00"></baseline>
<period>
<period-start iso-date="2020-04-16" />
<period-end iso-date="2024-04-30" />
<target value="70.00">
<comment><narrative>
target surpassed
</narrative></comment>
</target>
<actual value="85.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
 Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of reported AEFIs that are investigated and managed in line with the national protocol
</narrative></title>
<baseline year="2021" iso-date="2021-03-12" value="0.00"></baseline>
<period>
<period-start iso-date="2021-03-12" />
<period-end iso-date="2024-04-30" />
<target value="80.00">
<comment><narrative>
target surpassed
</narrative></comment>
</target>
<actual value="100.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
 Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Complaints received related to COVID-related social assistance programs.
</narrative></title>
<baseline year="2020" iso-date="2020-04-16" value="0.00"></baseline>
<period>
<period-start iso-date="2020-04-16" />
<period-end iso-date="2024-04-30" />
<target value="5.00">
<comment><narrative>
target surpassed
</narrative></comment>
</target>
<actual value="0.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
 Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of female beneficiaries of temporary cash benefit among all temporary cash beneficiaries
</narrative></title>
<baseline year="2020" iso-date="2020-04-01" value="0.00"></baseline>
<period>
<period-start iso-date="2020-04-01" />
<period-end iso-date="2024-04-30" />
<target value="56.00">
<comment><narrative>
80% of target achieved
</narrative></comment>
</target>
<actual value="45.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
 Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of designated public hospitals with fully equipped and functional intensive care units (ICUs) for COVID-19 patients
</narrative></title>
<baseline year="2020" iso-date="2020-04-30" value="0.00"></baseline>
<period>
<period-start iso-date="2020-04-30" />
<period-end iso-date="2024-05-01" />
<target value="4.00">
<comment><narrative>
target achieved
</narrative></comment>
</target>
<actual value="4.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
 Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of informal workers who receive the one-off benefit , by gender
</narrative></title>
<baseline year="2020" iso-date="2020-04-16" value="0.00"></baseline>
<period>
<period-start iso-date="2020-04-16" />
<period-end iso-date="2024-04-30" />
<target value="340,000.00">
<comment><narrative>
target surpassed
</narrative></comment>
</target>
<actual value="368,693.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
 Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of personal protection equipment (PPE) purchased.
</narrative></title>
<baseline year="2020" iso-date="2020-04-16" value="0.00"></baseline>
<period>
<period-start iso-date="2020-04-16" />
<period-end iso-date="2023-04-28" />
<target value="12,000,000.00">
<comment><narrative>
target surpassed
</narrative></comment>
</target>
<actual value="17,374,000.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
 Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Percentage of individuals that will accept a safe and effective COVID-19 vaccine: (a) Males; and (b) Females
</narrative></title>
<baseline year="2021" iso-date="2021-04-14" value="a-) 48.6%b-) 48.0%"></baseline>
<period>
<period-start iso-date="2021-04-14" />
<period-end iso-date="2024-04-30" />
<target value="a-) 60%b-) 60%">
<comment><narrative>
a) 56% of target achieved b) 52% of target achieved
</narrative></comment>
</target>
<actual value="a-) 33.5% b-) 31.2%">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
 Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of TSA beneficiary households.
</narrative></title>
<baseline year="2020" iso-date="2020-03-31" value="108,504.00"></baseline>
<period>
<period-start iso-date="2020-03-31" />
<period-end iso-date="2024-04-30" />
<target value="124,000.00">
<comment><narrative>
achieved 98% of target
</narrative></comment>
</target>
<actual value="121,955.00">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of people tested for COVID-19 identification per MoILHSA protocol
</narrative></title>
<baseline year="2020" iso-date="2020-04-24" value="9,699.00"></baseline>
<period>
<period-start iso-date="2020-04-24" />
<period-end iso-date="2024-04-30" />
<target value="100,000.00">
<comment><narrative>
target surpassed
</narrative></comment>
</target>
<actual value="20,884,332">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
 Intermediate Results Indicator 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of formal private sector workers laid off because of COVID-related lock down  who receive temporary unemployment benefits, by gender.
</narrative></title>
<baseline year="2020" iso-date="2020-04-16" value="0.00"></baseline>
<period>
<period-start iso-date="2020-04-16" />
<period-end iso-date="2024-04-30" />
<target value="135,000.00">
<comment><narrative>
target surpassed
</narrative></comment>
</target>
<actual value="239,508.00">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
 Intermediate Results Indicator 
</narrative></title>
<indicator measure="5" ascending="1">
<title><narrative>
Review of the VIRAT-VRAF 2.0 or updated tool, completed
</narrative></title>
<baseline year="2021" iso-date="2021-04-15" value="No"></baseline>
<period>
<period-start iso-date="2021-04-15" />
<period-end iso-date="2024-04-30" />
<target value="Yes">
<comment><narrative>
target achieved
</narrative></comment>
</target>
<actual value="Yes">

</actual>
</period>
</indicator>
</result><result type="1" aggregation-status="0">
<title><narrative>
 Intermediate Results Indicator 
</narrative></title>
<indicator measure="2" ascending="1">
<title><narrative>
Percentage of female beneficiaries of the unemployment benefit among all unemployment beneficiaries
</narrative></title>
<baseline year="2020" iso-date="2020-04-01" value="0.00"></baseline>
<period>
<period-start iso-date="2020-04-01" />
<period-end iso-date="2024-04-30" />
<target value="56.00">
<comment><narrative>
98% of target achieved
</narrative></comment>
</target>
<actual value="55.05">

</actual>
</period>
</indicator>
</result><result type="2" aggregation-status="0">
<title><narrative>
Project Development Objectives 
</narrative></title>
<indicator measure="1" ascending="1">
<title><narrative>
Number of COVID-19 patients treated per SSA reimbursement guidelines.
</narrative></title>
<baseline year="2020" iso-date="2020-04-24" value="431.00"></baseline>
<period>
<period-start iso-date="2020-04-24" />
<period-end iso-date="2024-04-30" />
<target value="2,000.00">
<comment><narrative>
target surpassed
</narrative></comment>
</target>
<actual value="298,598">

</actual>
</period>
</indicator>
</result></iati-activity></iati-activities>