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.
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
May 11, 2016
Mr. Azim Sadikov, IMF Resident Representative in Georgia, joined a round-table discussion on the Georgian economy and its challenges with the students of the university.
November 5, 2015
November 5, 2015
October 19, 2015
IMF's work on Georgia
September 1, 2016
Series: Country Report No. 16/283
Notes: Full text available in Georgian.
April 4, 2016
Program Note on Georgia
December 8, 2015
October 8, 2015
Author/Editor: Rita Mesias
September 23, 2015
Author/Editor: Sami Ben Naceur ; Amr Hosny ; Gregory Hadjian
Series: Working Paper No. 15/203
Regional Economic Outlook
Caucasus and Central Asia: Battered by External ShocksApril 2016
Economic growth has slowed to a two-decade low in the Caucasus and Central Asia (CCA) region, owing to the large and sustained decline in commodity prices, wide-ranging spillovers from Russia's recession, and the slowdown and rebalancing of China's economy. Fiscal and external balances have deteriorated and financing costs have risen. Although currency weakening and fiscal easing have helped to mitigate the impact of these shocks, inflation and financial sector vulnerabilities have increased, in some cases exacerbated by policy uncertainty. Strengthening macroeconomic policy frameworks and financial sector supervision is essential to maintain stability in these challenging circumstances. Fiscal policy should strike a balance, depending on the size of buffers and available financing, between supporting economic activity in the near term and ensuring debt sustainability over the medium term. Intensifying structural reforms would facilitate the adjustment by boosting medium-term economic prospects, improving competitiveness, and creating jobs. Read the report