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Tbilisi, Georgia. Photo by lohaspackers1234

Georgia Resident Representative Site

Resident Representative Office in Georgia

August 2009

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.

At a Glance: Georgia's Relations with the IMF

  • Current IMF membership: 186 countries
  • Georgia joined the Fund on May 5, 1992
  • Quota: SDR 150.30 million
  • The last Article IV Executive Board Consultation was on March 23, 2009 (Country Report 09/127)

Read the latest Program Note, July 10, 2009

PDF Version

News — Highlights

Crisis Virtually Halts Growth in Caucasus and Central Asia

Growth in the Caucasus and Central Asia (CCA) is expected to come to a near halt this year—contracting to 0.9 percent in 2009 from 6.3 percent in 2008—and recover only gradually in 2010, according to the latest IMF forecast for the region. click for more

Regional Economic Outlook Caucasus and Central Asia; Presentation by Edward Gardner Senior Resident Representative in Georgia; May 2009

Mr. Edward Gardner, IMF Senior Resident Representative in Georgia presented the IMF assessment of the Regional Economic Oulook(REO). click for more

The Global Outlook and Georgia; Presentation by Edward Gardner Senior Resident Representative in Georgia; April 8, 2009

Mr. Edward Gardner, IMF Senior Resident Representative in Georgia presented the IMF assessment of the Global Outlook and Georgia. Representatives of Government, economic circles and academia attended the event. The presentation was followed by the discussion of the economic developments of Georgia. click for more

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Georgia and The IMF

Press Release: IMF Mission Reaches Staff-Level Agreement on Fourth Review Under Stand-By Arrangement with Georgia

November 13,2009

Press Release: Statement by IMF Executive Directors at the Conclusion of their Visit to Georgia

October 10,2009

Transcript of a press briefing by Masood Ahmed, Director of the IMF Middle East and Central Asia Department

October 4,2009

IMF Survey: Caucasus, Central Asia Feel Crisis Impact, But Set for Modest Upturn

October 3,2009
The global crisis has severely impacted the Caucasus and Central Asia (CCA), with growth for the region projected to drop from 6.6 percent in 2008 to 1.5 percent in 2009, according to the IMF’s latest forecast for Middle East and Central Asia  click for more

Georgia: Third Review Under the Stand-By Arrangement and Requests for Augmentation, Extension of the Arrangement, Rephasing of Purchases, and Modification of Performance Criteria - Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Georgia

August 21,2009
Series: Country Report No. 09/267 click for more

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Regional Economic Outlook: Middle East and Central Asia

image from the publication cover


The global economic crisis has taken a toll on the Middle East and Central Asia region, but appropriate policy responses have helped mitigate the impact. Looking ahead, the region’s oil exporters are expected to benefit from rising oil prices as the world economy begins to pull out of an unparalleled post-World War II recession. Oil importers, however, are likely to continue to face continued headwinds that may delay an uptake in growth. Where feasible, countries should continue to support domestic demand to lessen the impact of the crisis on the poor while maintaining a focus on debt sustainability. For the region’s low-income countries, higher donor support will be needed to maintain economic development. Across the region, governments should further strengthen financial systems and be careful not to lose momentum on structural reforms. Published biannually in May and October. Click for more

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Resident Representative for Georgia

Edward Gardner
Resident Representative in Tbilisi
National Bank of Georgia,
3/5 Leonidze Street, Office 204-206
Tbilisi 0105
E-mail: rr-geo@imf.org
Tel: + 995 32 92 04 32/33/34;
Fax: + 995 32 92 04 35