Executive Board
Board Discussions
on Georgia:

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 April 22, 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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April 22, 2009 -- Transcript of a Press Conference on the International Monetary Fund's World Economic Outlook
April 20, 2009 -- Georgia: 2009 Article IV Consultation and Second Review Under the Stand-By Arrangement - Staff Report; Press Release and Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Georgia.
Series: Country Report No. 09/127
March 27, 2009 -- Public Information Notice: IMF Executive Board Concludes 2009 Article IV Consultation with Georgia
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
March 24, 2009 -- Press Release: IMF Completes Second Review under Stand-By Arrangement for Georgia and Approves US$186.6 Million Disbursement
March 10, 2009 -- Georgia -- Letter of Intent and Technical Memorandum of Understanding, March 10, 2009
PDF File Size: 268Kb
February 06, 2009 -- Press Release: Statement at the Conclusion of the Visit by IMF Director Masood Ahmed to Georgia
January 06, 2009 -- Georgia: First Review Under the Stand-By Arrangement-Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Georgia
Series: Country Report No. 09/1
December 16, 2008 -- Press Release: IMF Completes First Review Under the Stand-By Arrangement for Georgia
December 01, 2008 -- International Financial Statistics, December 2008
Series: Volume 61, No. 12
November 28, 2008 -- Georgia -- Letter of Intent and Technical Memorandum of Understanding, November 28, 2008
PDF File Size: 319Kb
November 05, 2008 -- Press Release: Statement of an IMF Mission at the Conclusion of a Visit to Georgia
October 21, 2008 -- IMF Survey: Putting Georgia on a Path to Recovery
In an interview, Prime Minister Lado Gurgenidze of Georgia talks about the impact of the recent armed conflict, the need for financial support, and how his country must continue the reforms that transformed Georgia's economy.
October 11, 2008 -- IMFC Statement by Wouter Bos
On behalf of: Republic of Armenia, Bulgaria, Bosnia and Herzegovina, Cyprus, Georgia, Republic of Croatia, Israel, Republic of Moldova, former Yugoslav Republic of Macedonia, Kingdom of the Netherlands-Netherlands, Romania, Ukraine. PDF File Size: 321Kb
October 06, 2008 -- Georgia: Request for Stand-By Arrangement - Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Georgia
Series: Country Report No. 08/328
October 01, 2008 -- Growing Apart? A Tale of Two Republics: Estonia and Georgia
Author/Editor: Hochreiter, Eduard | Gylfason, Thorvaldur
Series: Working Paper No. 08/235
September 30, 2008 -- IMF Survey:
Antoinette Sayeh interview, IMF clarifies surveillance process, Georgia loan, Olivier Blanchard interview, Africa's financial sector, EMU slowdown, EU transfers, sovereign wealth fund principles, United Kingdom outlook, Uruguay's financial issues, Saudi Arabia's oil bonanza, news briefs. PDF File Size: 681Kb
September 15, 2008 -- Press Release: IMF Executive Board Approves US$750 Million Stand-By Arrangement for Georgia
September 15, 2008 -- Transcript of a Conference Call on Georgia, Request for Standby Arrangement
September 09, 2008 -- Georgia -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, September 09, 2008
PDF File Size: 186Kb
September 03, 2008 -- Press Release: IMF Mission Reaches Agreement in Principle on a US$750 million Stand-By Arrangement with Georgia

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