Georgia : Ninth Review Under the Stand-By Arrangement and Request for Waiver of Nonobservance of Performance Criterion: Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Georgia.

Publication Date: June 27, 2011
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Summary: This is the final review under the Stand-By Arrangement for Georgia. Recent economic developments have been largely in line with the program expectations. Policy targets for the year 2011 have been strengthened. The authorities are in the process of designing a medium-term policy framework to address these challenges. The authorities reiterated their interest in a successor arrangement, but needed time to design their medium-term policy framework before submitting a formal request. The economy is growing at a solid pace, and international reserves have been restored to pre-crisis levels.
Series: Country Report No. 11/146
Subject(s): Bank supervision | Banking sector | Economic growth | Economic indicators | Fiscal consolidation | Flexible exchange rates | Performance criteria waivers | Staff Reports | Stand-by arrangement reviews

Publication Date: June 27, 2011
ISBN/ISSN: 9781455285624/1934-7685 Format: Paper
Stock No: 1GEOEA2011004 Pages: 44
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