Launch of the USAID Economic Security Program

Speeches Shim

Friday, June 7, 2019
Mission Director Peter Wiebler
USAID

USAID/Georgia Mission Director Peter Wiebler and Deputy Minister of Economy and Sustainable Development Genadi Arveladze joined members of the private sector, civil society and government today to announce the launch of the new USAID Economic Security Program.  

The five-year program will improve the livelihoods of Georgians by generating investment and increased employment in priority sectors and value chains.  USAID’s Economic Security Program is designed to scale up economic impact through collaboration, strategic partnerships, and investments while building alliances within and between the private sector, government, and civil society.  The Program will facilitate investment and job creation in a number of important ways, including a grant fund to strengthen the eco-system within particular value chains and a partnership fund to spur investment.

Mission Director Peter Wiebler stated, “We believe that the USAID Economic Security Program will have a profound impact on the livelihoods of Georgia’s citizens and institutions by enhancing prosperity, creating jobs and promoting economic self-reliance.”

The U.S. government is proud to partner with the Government of Georgia and the Georgian private sector, and we look forward to success through the new USAID Economic Security Program.