POLITICS

EBRD President: The draft law "On transparency of foreign influence" may harm the Georgian economy and investors' confidence

07.05.24 17:00


The draft law "On transparency of foreign influence" may harm the Georgian economy and investors' confidence, - said Odile Renaud Basso, President of the European Bank for Reconstruction and Development (EBRD).

 

"We were surprised by its (bill's) return and we are concerned about the dynamics that are happening," said Odile Renaud Basso.

 

She noted that Georgia received economic benefits as a result of successful reforms.

 

"But the new trend and tension surrounding this (bill) may have an economic impact on the private sector and the willingness to invest in the country. That's why we are in contact with our partners", said the EBRD President.

 

 

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