Executive Board
Calendar
Board Discussions
on Georgia:

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April 12, 2017
July 11, 2016
July 10, 2013
March 13, 2013
April 11, 2012

Article IV Staff Reports

Financial Sector Assessment Program

Projected % Change
   2017  2018
Real GDP 3.5 4
Consumer Prices 5.7 2.4
Source: World Economic Outlook (April 2017)
Please refer to more recent Press Release/Staff reports on this country for possible revisions.

Georgia: Financial Position in the Fund

Transactions with the Fund


IMF Resident Representative Office in Georgia

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Georgia and the IMF
Updated May 5, 2017

On July 11th, the Executive Board of the International Monetary Fund concluded the consideration of the Article IV Consultation of Georgia.

Under Article IV of its Articles of Agreement, the IMF has a mandate to exercise surveillance over the economic, financial and exchange rate policies of its members in order to ensure the effective operation of the international monetary system. The IMF’s appraisal of such policies involves a comprehensive analysis of the general economic situation and policy strategy of each member country. IMF economists visit the member country, usually once a year, to collect and analyze data and hold discussions with government and central bank officials. Upon its return, the staff submits a report to the IMF’s Executive Board for discussion. The Board’s views are subsequently summarized and transmitted to the country authorities.

The authorities need more time to consider the publication of the staff report and the related press release.

The last Article IV Executive Board Consultation was on July 11, 2016. Listed below are items related to Georgia, in reverse chronological order (you can also view items by category).

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August 01, 2005 -- IMF Survey:
Sustained strong growth in Belarus; Egypt's policies; Samoa outpaces comparators; Bahamas needs fiscal tightening; Georgia's oil/gas transit revenues; Mauritius must improve competitiveness; Tanzania's growth/poverty reduction; Making surveillance more effective. PDF File Size: 456Kb
July 20, 2005 -- Press Release: IMF Executive Board Completes Second Review of Georgia's PRGF Arrangement and Approves US$20.2 Million Disbursement
July 02, 2005 -- Georgia -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, July 02, 2005
PDF File Size: 227Kb
June 23, 2005 -- Georgia: Poverty Reduction Strategy Paper Progress Report- Joint Staff Advisory Note
Series: Country Report No. 05/210
June 13, 2005 -- Press Release: Statement by IMF Managing Director Rodrigo de Rato at the Conclusion of His Visit to Georgia
June 12, 2005 -- The Quality of Fiscal Adjustment, Remarks by Rodrigo de Rato, Managing Director of the International Monetary Fund
At the Dutch Constituency, Tbilisi, Georgia
June 08, 2005 -- Press Release: IMF Staff Statement at the Conclusion of a Visit to Georgia
May 01, 2005 -- Regional Trade Integration and WTO Accession: Which is the Right Sequencing? An Application to the CIS
Author/Editor: Tumbarello, Patrizia
Series: Working Paper No. 05/94
April 16, 2005 -- IMFC Statement by the Honorable Gerrit Zalm, Minister of Finance of The Netherlands
On behalf of: Republic of Armenia, Bulgaria, Bosnia and Herzegovina, Cyprus, Georgia, Republic of Croatia, Israel, Republic of Moldova, former Yugoslav Republic of Macedonia, Kingdom of the Netherlands-Netherlands, Romania, Ukraine. PDF File Size: 892Kb
March 31, 2005 -- Georgia: Poverty Reduction Strategy Paper Progress Report
Series: Country Report No. 05/113
March 09, 2005 -- Press Release: Press Statement by IMF Staff Mission to Georgia
January 04, 2005 -- Georgia: First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criterion--Staff Report; Staff Statement; Press Release; and Statement by the Executive Director for Georgia
Series: Country Report No. 05/1
December 21, 2004 -- Press Release: IMF Executive Board Completes First Review Under Georgia's PRGF Arrangement and Approves US$21.5 Million Disbursement
November 01, 2004 -- In the Pipeline: Georgia's Oil and Gas Transit Revenues
Author/Editor: Billmeier, Andreas | Dunn, Jonathan C. | van Selm, Bert
Series: Working Paper No. 04/209
October 03, 2004 -- Statement by the Hon. Zurab Nogaideli, Governor of the World Bank for Georgia, at the Joint Annual Discussion
PDF File Size: 117Kb
August 01, 2004 -- Analysis of Recent Growth in Low-Income CIS Countries
Author/Editor: Loukoianova, Elena | Unigovskaya, Anna
Series: Working Paper No. 04/151
June 09, 2004 -- Georgia: Request for Three-Year Arrangement Under the Poverty Reduction and Growth Facility-Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Georgia
Series: Country Report No. 04/165
June 04, 2004 -- Press Release: IMF Approves US$144 Million PRGF Arrangement for Georgia
May 12, 2004 -- Georgia -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, May 12, 2004
This Letter of Intent of the government of Georgia describes the policies that Georgia intends to implement in the context of its request for financial support from the IMF.
May 01, 2004 -- Debt Accumulation in the CIS-7 Countries: Bad Luck, Bad Policies, or Bad Advice
Author/Editor: Helbling, Thomas | Mody, Ashoka | Sahay, Ratna
Series: Working Paper No. 04/93

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