This web page provides information on the activities of the Office, views of the IMF staff, and the relations between Georgia and the IMF. Additional information can be found on Georgia and IMF country page, including official IMF reports and Executive Board documents in English that deal with Georgia.

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Georgia: At a Glance

  • Current IMF membership: 189 countries
  • Georgia joined the Fund on May 5, 1992
  • Quota: SDR 150.30 million
  • IMF Executive Board Concludes the 2013 Article IV Consultation with Georgia (Country Report 13/264)
  • Read the latest Program Note; April 4, 2016

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Office Activities

  • Caucasus and Central Asia Regional Economic Outlook

    Mr. Francois Painchaud, IMF Resident Representative in Georgia, presented the IMF’s latest Regional Economic Outlook for the Caucasus and Central Asia on November 7, 2017. Representatives of the Georgian government, the National Bank of Georgia, the business community, the civil society, and the press attended the presentation and participated in discussions.

    November 9, 2017

  • Regional Economic Outlook for the Caucasus and Central Asia

    Mr. Francois Painchaud, IMF Resident Representative in Georgia, presented the IMF’s latest Regional Economic Outlook for the Caucasus and Central Asia on May 18, 2017. Representatives of the Georgian government, the President’s administration, the National Bank of Georgia, the business community, the civil society, and the press attended the presentation and participated in discussions.

    May 18, 2017

  • Regional Economic Outlook Caucasus and Central Asia

    Mr. Francois Painchaud, IMF Resident Representative in Georgia, presented the IMF’s latest Regional Economic Outlook for the Caucasus and Central Asia on November 2, 2016. Representatives of the Georgian government, the President’s administration, the National Bank of Georgia, the business community, the civil society, and the press attended the presentation and participated in discussions.

    November 2, 2016

  • Georgia's Macro-Financial Challenges

    On May 13, IMF Resident Representative in Georgia Azim Sadikov gave a presentation on Georgia’s macro-financial challenges at the International School of Economics in Tbilisi (ISET). The discussion that followed the presentation focused on how to reduce external and fiscal vulnerabilities while supporting economic growth.

    May 17, 2016

  • Azim Sadikov's, IMF Resident Representative, interview with Channel 1 (in Georgian)

    May 11, 2016

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IMF's work on Georgia

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Regional Economic Reports: Middle East and Central Asia

October 17, 2017

Economic prospects for the Middle East, North Africa, Afghanistan, and Pakistan (MENAP) and Caucasus and Central Asia (CCA) regions are diverging. Despite the strengthening global recovery, the outlook for MENAP countries remains relatively subdued due to the continued adjustment to low oil prices and regional conflicts. In contrast, the outlook for the CCA region is improving, supported by the more favorable global environment. In both regions, efforts to promote growth-friendly fiscal consolidation, stronger monetary policy frameworks, economic diversification and private sector development should continue. The window of opportunity arising from various integration initiatives and the favorable external environment call for increasing trade openness, while the adoption of financial technologies could increase financial inclusion and facilitate greater access to credit. Together, these actions will help MENAP and CCA countries to secure higher and more inclusive growth.
  Read the Report