Georgia: Emergency Assistance for Health Infrastructure and Social Protection Measures for COVID-19 Preparedness (AIIB-000388)

Countries
  • Georgia
Where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Infrastructure Investment Bank (AIIB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
Nikoloz Gagua, Deputy Minister, Ministry of Finance, Georgia
The holder of the loan, grant, or other investment.
Investment Amount (USD)
$ 100.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 343.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ AIIB website

Updated in EWS May 11, 2020


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Project Description

This AIIB funding will strengthen the country's emergency health and social infrastructure, through rehabilitation of health infrastructure for emergency preparedness and social protection measures for individuals, households and employers affected by COVID-19 containment measures.

The project will be co-financed with the World Bank.

Project components are:

1. Emergency Healthcare Response:

1.1 COVID-19 Case Detection and Confirmation.

1.2 Health System Strengthening for Case Management.

2. Social Protection Measures: Temporary income support for poor households and vulnerable individuals affected by COVID-19 which will include:

2.1 Scale up of the Targeted Social Assistance (TSA) program for poor and vulnerable households.

2.2 Temporary cash transfers to vulnerable households including informal workers.

2.3 Temporary unemployment benefits for formal workers.

 

Investment Description
  • Asian Infrastructure Investment Bank (AIIB)
Contact Information

AIIB

Mehek Marwaha / Investment Operations Specialist / mehek.marwaha@aiib.org

World Bank

Volkan Cetinkaya / Senior Economist (Health, Nutrition & Population) / vetinkaya@worldbank.org

Borrower 

Nikoloz Gagua / Deputy Minister, Ministry of Finance Georgia / publicdebt@mof.ge

 

Implementation Organization

Tamar Gabunia / First Deputy Minister, Ministry of Internally Displaced Persons from the Occupied Territories, Labor, Health, and Social Affairs of Georgia /

tgabunia@moh.gov.ge

 

ACCOUNTABILITY MECHANISM OF AIIB

The AIIB has established the Accountability Mechanism for Project-Affected People (PPM).  The PPM provides “an opportunity for an independent and impartial review of submissions from Project-affected people who believe they have been or are likely to be adversely affected by AIIB’s failure to implement the ESP in situations when their concerns cannot be addressed satisfactorily through Project level GRMs or AIIB Management processes.” Two or more project-affected people can file a complaint. You can learn more about the PPM and how to file a complaint at: https://www.aiib.org/en/about-aiib/who-we-are/project-affected-peoples-mechanism/how-we-assist-you/index.html.