Georgian Prime Minister Irakli Garibashvili has stated that the government plans to invest 100 million GEL (about $32,292,440 or EUR 28,577,144) in the development of Georgian basketball.
During a meeting with Georgian Basketball Federation President Paata Guraspauli, Garibashvili noted that the launch of a basketball development program for the “popularization of basketball” was also on the agenda.
He also emphasized the importance of the upcoming 41st edition EuroBasket 2022, which would be co-hosted by Georgia in September 2022, and noted that “National Basketball Federation has the full support of the government”.
“We must successfully hold the EuroBasket, it should be one of our main tasks and then we should think about development. We need to take basketball to an even higher level and promote it in the country,” said Garibashvili.
The Georgian Basketball Federation was established in 1991 and had been a member of the International Basketball Federation (FIBA) since 1992.
On September 1-18, 2022, Georgia will co-host a major continental competition, which involves 32 teams from Europe, along with Italy, Germany and Czech Republic. (Agenda/Business World Magazine)