| From : | Tamar Gabunia <tgabunia@moh.gov.ge> |
| To : | Volkan Cetinkaya <vcetinkaya@worldbank.org>; n.gagua@mof.ge |
| Subject : | Re: Georgia project: Meeting request |
| Cc : | i.skhirtladze@mof.ge; Maddalena Honorati <mhonorati@worldbank.org>; Salome Chakvetadze <S.Chakvetadze@mof.ge>; Tamar Barkalaia <tbarkalaia@moh.gov.ge>; natia mshvidobadze <n.mshvidobadze@mof.ge>; Maddalena Honorati <mhonorati@worldbank.org>; Iryna Postolovska <ipostolovska@worldbank.org>; Alicia C. Marguerie <amarguerie@worldbank.org>; nino_moroshkina@yahoo.com; Prachi Shrikant Tadsare <ptadsare@worldbank.org>; Nino Kvernadze <ninokvernadze@moh.gov.ge>; Jelena Lukic <jlukic@worldbank.org>; Darejan Kapanadze <dkapanadze@worldbank.org>; Djamshid Iriskulov <diriskulov@worldbank.org>; Tamar Tsenteradze <ttsenteradze@worldbank.org>; Nino Ramishvili <nramishvili@worldbank.org>; Tanvir Hossain <thossain@worldbank.org>; Kathleen E. Krackenberger <kkrackenberger@worldbank.org>; Gabriel Francis <gfrancis@worldbank.org> |
| Received On : | 06.07.2020 17:31 |
Dear Volkan
Many thanks for your e-mail. PIU colleagues have kindly shared this issue with me. I can be available for the call on July 8th 18.00 Tbilisi time.
With kind regards and look forward to discussing possible solutions with you and the team.
Best
Tamar
Dear Niko and Tamar,
I hope this email finds you well!
The colleagues in the PIU kindly informed us that they are working on preparing documents needed to comply with the legal covenants and when these document can be finalized.
Since the deadline has already passed (especially for the covenant on data protection and preparing the global budget reimbursement manual), we have to restructure the project.
The restructuring can be (i) a standard project restructuring which amends the legal agreement, or alternatively (ii) a contractual waiver conditional on new timelines. Each option has pros and cons.
If you are available tomorrow or Wednesday, we would like to schedule a meeting to brainstorm on these options. At the meeting, our colleague Prachi, team’s lawyer, will brief us on how to proceed.
We are available at 10:00 Washington time (18:00 Tbilisi) or later on Tuesday, July 7 and Wednesday, July 8.
Please let us know whether the proposed time/days works for you.
Best,
Volkan & Maddalena