The document was signed during the Uzbekistan Economic Forum held in the capital Tashkent last week with the support of the Asian Development Bank and the World Bank.

The government plans to sell 75 percent of shares in Ipoteka Bank.

The loan will allow Georgia to purchase 700,000 doses of the coronavirus vaccines, enough to inoculate around 300,000 people in the country of 3.7 million.

Around the world, there is growing interest in the impact of fraud on company financial statements as well as scrutiny of the responsibilities of auditors in the detection and reporting of fraud.

The sovereign loan will be used for the reconstruction of a 204 km road section between the cities of Kyzylorda and Zhezkazgan, as well as the construction of a 14.8 km bypass road around Kyzylorda, a city in south-central Kazakhstan.

The agreement was reached during recent talks between Kazakhstan's Prime Minister Askar Mamin and the EBRD President Odile Renault-Basso.