Georgia : 2011 Article IV Consultation-Staff Report; Staff Supplements; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Georgia

Publication Date: April 21, 2011
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Summary: The government of Georgia moved forcefully to counter the economic impact of the August 2008 conflict with Russia and global financial crisis. Monetary and prudential policy easing was, however, unable to prevent a sharp credit squeeze. The economy is recovering at a solid pace, with real GDP growth expected to exceed 6 percent in 2010. To reduce exposure to changes in external market conditions, the authorities could rely more on domestic financing. Macroeconomic policies were generally aligned with previous IMF recommendations.
Series: Country Report No. 11/87
Subject(s): Article IV consultation reports | Current account deficits | Economic indicators | Flexible exchange rate policy | Price stabilization | Relationships with Fund | Staff Reports

Publication Date: April 21, 2011
ISBN/ISSN: 9781455249299/1934-7685 Format: Paper
Stock No: 1GEOEA2011002 Pages: 73
US$18.00 (Academic Rate:
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