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

Author/Editor:

International Monetary Fund

Publication Date:

October 6, 2008

Electronic Access:

Free Full text (PDF file size is 1128 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This paper examines Georgia’s request for an 18-month arrangement for SDR 477.1 million, equivalent to about US$750 million, which would constitute exceptional access. IMF support to the government’s macroeconomic policies is intended to provide the needed financing to rebuild gross international reserves, and to help restore investor confidence. Monetary policy has to tackle the dilemma of providing sufficient liquidity to the banking system while stabilizing the exchange rate and avoiding an excessive loss of international reserves.

Series:

Country Report No. 08/328

Subject:

English

Publication Date:

October 6, 2008

ISBN/ISSN:

9781451814675/1934-7685

Stock No:

1GEOEA2008001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

116

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