Subject: RE: WB Loan currency and Loan Choice Worksheet
From: Ekaterine Guntsadze <[email-masked]>
To: Maddalena Honorati <[email-masked]>, Salome Chakvetadze <[email-masked]>
Cc: Nikoloz Gagua <[email-masked]>, Tamar Gabunia <[email-masked]>, Tamar Barkalaia <[email-masked]>, Giorgi Kakauridze <[email-masked]>, "[email-masked]" <[email-masked]>, "Alicia C. Marguerie" <[email-masked]>, Roberto Claudio Sormani <[email-masked]>, Lire Ersado <[email-masked]>, Lela Ghongadze <[email-masked]>, Volkan Cetinkaya <[email-masked]>, Iryna Postolovska <[email-masked]>, Adrien Arnoux Dozol <[email-masked]>, Ha Thi Hong Nguyen <[email-masked]>, Gabriel Francis <gfranci
Date: Tue, 14 Apr 2020 06:39:31 +0000

Salome,

I guess you will respond to these questions.

Best,

Eka

From: Maddalena Honorati <[email-masked]>

Sent: სამშაბათი, 14
აპრილი, 2020 10:36

To: Ekaterine Guntsadze <[email-masked]>; Salome Chakvetadze <[email-masked]>

Cc: Nikoloz Gagua <[email-masked]>; Tamar Gabunia <[email-masked]>; Tamar Barkalaia <[email-masked]>; Giorgi Kakauridze <[email-masked]>; [email-masked]; Alicia C. Marguerie <[email-masked]>; Roberto Claudio
Sormani <[email-masked]>; Lire Ersado <[email-masked]>; Lela Ghongadze <[email-masked]>; Volkan Cetinkaya <[email-masked]>; Iryna Postolovska <[email-masked]>; Adrien Arnoux Dozol <[email-masked]>; Ha Thi
Hong Nguyen <[email-masked]>; Gabriel Francis <[email-masked]>; Damir Leljak <[email-masked]>; Luis M. Schwarz <[email-masked]>

Subject: WB Loan currency and Loan Choice Worksheet

Dear Eka,

Sorry for the multiple emails these days. We are all working intensely to speed up the preparation of the project.

We’d like to raise two questions for your immediate attention.

The choice of the loan currency. You may have already internally discussed, please kindly let us know your preference for the loan currency. Recent GE loans were negotiated in EUR, as this was the MOF choice/preference.
Please kindly confirm as soon as possible whether the loan currency will be USD or EUR.

Please find attached the Loan Choice Worksheet form and the instruction  for you initial thinking about the financial terms of the loan. The legal agreement and draft disbursement letter we will negotiate
will reflect the choices you make.

Thank you in advance and looking forward to hearing from you.

Maddalena, on behalf of the team

Maddalena Honorati

Senior Economist

Social Protection & Labor

T

+1 202 458 1878

E

[email-masked]