Georgia: Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility
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Summary:
The staff report for the Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility on Georgia focuses on economic developments and policies. The fiscal situation deteriorated sharply in 2003, especially because of a weakening in expenditure management and in tax enforcement. Policy discussions focused on strategies to address the challenges inherited from the previous administration and to reinvigorate the reform drive. Georgia’s vulnerability to exogenous shocks and lingering tensions between central and regional authorities will continue to pose downward risks.
Series:
Country Report No. 2004/165
Subject:
Arrears Economic sectors Energy sector External debt Monetary base Poverty Poverty reduction strategy Revenue administration
English
Publication Date:
June 9, 2004
ISBN/ISSN:
9781451814491/1934-7685
Stock No:
1GEOEA0022004
Pages:
95
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