Georgia : Recent Economic Developments

Author/Editor:

International Monetary Fund

Publication Date:

December 1, 1995

Summary:

This paper describes economic developments in the Republic of Georgia during 1995. The paper highlights that in 1995, the economy of Georgia continues to face severe bottlenecks, especially arising from energy shortages. However, there are signs of increased confidence and a recovery in the first half of 1995, fostered by political stability and the initial fruits of financial stabilization and structural reform. In 1995, agricultural output and cargo transport appear to have increased, and retail trade is growing quickly. Industrial and construction activity, however, remains limited.

Series:

Country Report No. 95/112

Subject:

Notes:

This paper on recent economic developments was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. As such, the views expressed in this document are those of the staff team and do not necessarily reflect the views of the Republic of Georgia, or the Executive Board of the IMF.

English

Publication Date:

December 1, 1995

ISBN/ISSN:

9781451814385/1934-7685

Stock No:

1GEOEA0011995

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

114

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