Executive Board
Calendar
Board Discussions
on Georgia:

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July 10, 2013
March 13, 2013
April 11, 2012
June 8, 2011
March 23, 2011

Article IV Staff Reports

Financial Sector Assessment Program

Projected % Change
   2014  2015
Real GDP 5 5.0
Consumer Prices 4.6 4.9
Source: World Economic Outlook (October 2014)
Please refer to more recent PIN/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 December 19, 2014

The last Article IV Executive Board Consultation was on July 10, 2013. Listed below are items related to Georgia, in reverse chronological order (you can also view items by category).

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June 27, 2002 -- Joint Staff Assessment of the PRSP Preparation Strategy Report
Evaluates the strengths and weaknesses of a country's poverty reduction objectives and strategies, and in it the staffs of the IMF and World Bank make recommendations about whether the PRSP or IPRSP provides a sound basis for concessional assistance from the Bank and Fund, as well as for debt relief under the Enhanced Heavily Indebted Poor Countries (HIPC) Debt Initiative. PDF File Size: 392Kb
June 27, 2002 -- Georgia -- Letter of Intent, Memorandum of Economic and Financial Policies, Technical Memorandum of Understanding, June 27, 2002
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 30, 2002 -- Georgia Poverty Reduction Strategy Paper Preparation Status Report, May 30, 2002
Describes the country's macroeconomic, structural, and social policies in support of growth and poverty reduction, as well as associated external financing needs and major sources of financing.
April 20, 2002 -- Press Release: Ministers Endorse International Initiative for Seven Poor Countries of the Commonwealth of Independent States
April 20, 2002 -- Statement by Governor Nout Wellink, on behalf of Gerrit Zalm, Minister of Finance of the Netherlands, at the International Monetary and Financial Committee, Washington, D.C., April 20, 2002
The International Monetary and Financial Committee member for the constituency consisting of Republic of Armenia, Bosnia and Herzegovina, Bulgaria, Republic of Croatia, Cyprus, Georgia, Israel, former Yugoslav Republic of Macedonia, Republic of Moldova, Kingdom of the Netherlands-Netherlands, Romania, and Ukraine
February 04, 2002 -- Poverty Reduction, Growth and Debt Sustainability in Low-Income CIS Countries
Armenia, Azerbaijan, Georgia, the Kyrgyz Republic, Moldova, Tajikistan and Uzbekistan are the poorest countries in the CIS, and their transition to market-based economies over the past decade has been extremely difficult. In many cases, the economic disruptions created by the break-up of the former Soviet Union were compounded by diverse shocks, including armed conflicts and massive changes in the terms of trade. For the group as a whole, real GDP fell by an average of almost 50 percent between 1990 and 1995, and poverty and inequality increased substantially. Since then, growth has resumed, but both financial and physical (life expectancy and nutritional status) indicators of living standards remain depressed or may have deteriorated in some countries. In several cases, a large volume of external debt has also been accumulated, undermining prospects for growth and poverty reduction.
November 26, 2001 -- Georgia: Financial System Stability Assessment
Series: Country Report No. 01/210
November 26, 2001 -- Georgia: Recent Economic Developments and Selected Issues
Series: Country Report No. 01/211
November 26, 2001 -- Georgia: 2001 Article IV Consultation, First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Request for Waiver of Performance Criteria--Staff Report; Staff Statement; and Public Information Notice.
Series: Country Report No. 01/212
November 26, 2001 -- Georgia: Financial System Stability Assessment
Series: Country Report No. 01/210
November 26, 2001 -- Georgia: Recent Economic Developments and Selected Issues
Series: Country Report No. 01/211
November 26, 2001 -- Georgia: 2001 Article IV Consultation, First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Request for Waiver of Performance Criteria--Staff Report; Staff Statement; and Public Information Notice.
Series: Country Report No. 01/212
November 17, 2001 -- Statement by Mr. Gerrit Zalm, Minister of Finance of the Netherlands, at the International Monetary and Financial Committee, Ottawa, Canada, November 17, 2001
The International Monetary and Financial Committee member for the constituency consisting of Republic of Armenia, Bosnia and Herzegovina, Bulgaria, Republic of Croatia, Cyprus, Georgia, Israel, former Yugoslav Republic of Macedonia, Republic of Moldova, Kingdom of the Netherlands-Netherlands, Romania, and Ukraine
October 31, 2001 -- Public Information Notice: IMF Concludes 2001 Article IV Consultation with Georgia
Public Information Notices (PINs) form part of the IMF's efforts to promote transparency of the IMF's views and analysis of economic developments and policies.
October 26, 2001 -- News Brief: IMF Approves US$11 Million Disbursement to Georgia Under PRGF Loan
October 09, 2001 -- Georgia Letter of Intent and Technical Memorandum of Understanding, October 9, 2001
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.
July 30, 2001 -- Georgia: Request for Three-Year Arrangement Under Poverty Reduction and Growth Facility--Staff Paper; Staff Supplement and Statement; and Press Release on the Executive Board Discussion
Series: Country Report No. 01/109
July 30, 2001 -- Georgia: Request for Three-Year Arrangement Under Poverty Reduction and Growth Facility--Staff Paper; Staff Supplement and Statement; and Press Release on the Executive Board Discussion
Series: Country Report No. 01/109
April 29, 2001 -- Statement by Mr. Nout Wellink, President of the Nederlandsche Bank, on behalf of Mr. Gerrit Zalm, Minister of Finance of the Netherlands, to the International Monetary and Financial Committee Meeting April 29, 2001
The International Monetary and Financial Committee member for the constituency consisting of Republic of Armenia, Bosnia and Herzegovina, Bulgaria, Republic of Croatia, Cyprus, Georgia, Israel, former Yugoslav Republic of Macedonia, Republic of Moldova, Kingdom of the Netherlands-Netherlands, Romania, and Ukraine
April 29, 2001 -- Statement Joint Session IMFC / Development Committee Meeting April 29, 2001 by Eveline Herfkens, Minister for Development Co-operation, The Netherlands
This Joint session once again shows our commitment to the fight against poverty.

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