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
News — Highlights
Crisis Virtually Halts Growth in Caucasus and Central Asia
Regional Economic Outlook Caucasus and Central Asia; Presentation by Edward Gardner Senior Resident Representative in Georgia; May 2009
The Global Outlook and Georgia; Presentation by Edward Gardner Senior Resident Representative in Georgia; April 8, 2009
Georgia and The IMF
Press Release: IMF Mission Reaches Staff-Level Agreement on Fourth Review Under Stand-By Arrangement with Georgia
Press Release: Statement by IMF Executive Directors at the Conclusion of their Visit to Georgia
Transcript of a press briefing by Masood Ahmed, Director of the IMF Middle East and Central Asia Department
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 
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 
Regional Economic Outlook: Middle East and Central Asia
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.




