The billionaire Bidzina Ivanishvili, former Prime Minister of Georgia, has contributed along with his family 100 million Georgian Laris, or about £25.5 million to the #STOPCOV FUND of the Government of Georgia.
This gift – the largest single healthcare-related private contribution in the history of Georgia – will provide critical financial support amid concerns that the disease could take off in eastern Europe and former Soviet Union republics.
Georgi Gakharia, Prime Minister of Georgia, said: “These funds will be used for the benefit of our citizens, in the fight against COVID-19. We are fighting on two fronts – healthcare and the economy. All the resources that will be mobilized will be used to achieve this goal.
“The Cartu Fund and Bidzina Ivanishvili have been donating billions to good causes in Georgia for many years now. For me, as Prime Minister, this constitutes additional proof that we have a unique insurance in this country in the form of a person, a citizen of Georgia; this person and this fund provide assistance wherever systemic assistance is needed.
“Today, the Georgian public can see how this insurance works in real life. These monies will save countless lives, and will help all Georgians to recover from this crisis.”
Mr Ivanishvili and his family, through their family foundation, the Cartu Fund, have provided more than $3 billion in charitable contributions to various fields in Georgia, ranging from the construction of theatres and sports centres to the restoration of beloved cultural heritage monuments. Ivanishvili’s charitable contributions to the field of healthcare alone amount to $500 million.
This gift – the largest single healthcare-related private contribution in the history of Georgia – will provide critical financial support to the Georgian government in its efforts to flatten the curve of the Coronavirus.
In 2011, Mr. Ivanishvili founded the Georgian Dream political party, and has led the party to victories in Parliamentary elections in 2012 and 2016. In 2012-2013, he served as the Prime Minister of Georgia.
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