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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March 29, 2010 -- Georgia: Fifth Review Under the Stand-By Arrangement and Request for Modification of Performance Criteria
Series: Country Report No. 10/83
March 19, 2010 -- Press Release: IMF Executive Board Completes Fifth Review under the Stand-by Arrangement for Georgia and Modifies Performance Criteria
February 25, 2010 -- Georgia -- Georgia: Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, February 25, 2010
PDF File Size: 346Kb
February 12, 2010 -- Press Release: Statement by IMF Mission to Georgia
January 04, 2010 -- IMF Survey: Georgia Sees Early Signs of Recovery, But Risks Linger
Georgia's economy is showing tentative signs of turning around, but a full-fledged recovery will depend on a more upbeat global environment and the easing of credit conditions in the country, says the IMF's Edward Gardner.
December 23, 2009 -- Georgia: Fourth Review Under the Stand-By Arrangement and Request for Modification of Performance Criterion
Series: Country Report No. 09/331
December 11, 2009 -- Press Release: IMF Executive Board Completes Fourth Review Under the Stand-by Arrangement for Georgia and Modifies Performance Criterion
November 25, 2009 -- Georgia -- Letter of Intent and Technical Memorandum of Understanding, November 25, 2009
PDF File Size: 282Kb
November 13, 2009 -- Press Release: IMF Mission Reaches Staff-Level Agreement on Fourth Review Under Stand-By Arrangement with Georgia
October 10, 2009 -- Press Release: Statement by IMF Executive Directors at the Conclusion of their Visit to Georgia
October 06, 2009 -- Commitment Controls
Author/Editor: Pokar Khemani | Dimitar Radev
Series: Technical Notes and Manuals No. 2009/4
October 04, 2009 -- IMFC Statement by Wouter Bos, Dutch Ministry of Finance, 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, Montenegro, Kingdom of the Netherlands-Netherlands, Romania, Ukraine. PDF File Size: 295Kb
October 03, 2009 -- Transcript of a press briefing by Masood Ahmed, Director of the IMF Middle East and Central Asia Department
October 03, 2009 -- IMF Survey: Caucasus, Central Asia Feel Crisis Impact, But Set for Modest Upturn
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
August 21, 2009 -- 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
Series: Country Report No. 09/267
August 06, 2009 -- Press Release: IMF Executive Board Completes Third Review Under the Stand-by Arrangement with Georgia
July 30, 2009 -- Georgia -- Letter of Intent and Technical Memorandum of Understanding, July 30, 2009
PDF File Size: 373Kb
July 27, 2009 -- Press Release: IMF Mission Completes Review, Reaches Staff-Level Agreement on Extension and Additional Financing of Stand-By Arrangement with Georgia
July 01, 2009 -- International Financial Statistics, July 2009
Series: Volume 62, No. 7
May 11, 2009 -- IMF Survey: Crisis Virtually Halts Growth in Caucasus and Central Asia
Growth in the Caucasus and Central Asia 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.

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