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Meeting About Capital Market Development Reform


On November 24, Business Management Faculty hosted George Luarsabishvili, Economist at Georgia Resident Mission of the Asian Development Bank. He discussed a capital market development reform, which is initiated by the Government of Georgia with support from development partners, including ADB. The reform entails development of a liquid capital market through provision of long-term financial resources in local currency, diversification of the financial system with introduction of various financial instruments, such as corporate bonds, derivatives and equity securities, and improvement of the market infrastructure, offering a significant boost to investment and economic growth. The meeting was productive and students had an opportunity to ask reasonable questions.