Georgia's external public debt reached $9.2 billion as of April 2026, an increase of $183 million over the year. The Ministry of Finance explained that the growth is due to new borrowings made for the implementation of large infrastructure projects, including transport construction and road network development.
One of the key factors was a $360 million loan received from the Asian Development Bank. The funds are directed to the construction of the Batumi–Sarpi highway and tunnel, which is considered a strategic section of the transport corridor. The authorities emphasize that such projects should support the country's economic activity and logistics in the long term.
The main part of the external debt falls on international financial institutions. The Asian Development Bank leads with $2.5 billion, followed by the World Bank with $2.3 billion. Among creditor countries, France remains the largest through the AFD agency with $858 million, which emphasizes the high share of external financing in the structure of public debt.
