This web page provides information on the activities of the Office, views of the IMF staff, and the relations between Georgia and the IMF. Additional information can be found on Georgia and IMF country page, including official IMF reports and Executive Board documents in English that deal with Georgia.

IMF and Georgia

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Georgia: At a Glance

  • Current IMF membership: 189 countries
  • Georgia joined the Fund on May 5, 1992
  • Quota: SDR 150.30 million
  • IMF Executive Board Concludes the 2013 Article IV Consultation with Georgia (Country Report 13/264)
  • Read the latest Program Note; April 4, 2016

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Office Activities

  • Caucasus and Central Asia Regional Economic Outlook

    Mr. Francois Painchaud, IMF Resident Representative in Georgia, presented the IMF’s latest Regional Economic Outlook for the Caucasus and Central Asia on November 7, 2017. Representatives of the Georgian government, the National Bank of Georgia, the business community, the civil society, and the press attended the presentation and participated in discussions.

    November 9, 2017

  • Regional Economic Outlook for the Caucasus and Central Asia

    Mr. Francois Painchaud, IMF Resident Representative in Georgia, presented the IMF’s latest Regional Economic Outlook for the Caucasus and Central Asia on May 18, 2017. Representatives of the Georgian government, the President’s administration, the National Bank of Georgia, the business community, the civil society, and the press attended the presentation and participated in discussions.

    May 18, 2017

  • Regional Economic Outlook Caucasus and Central Asia

    Mr. Francois Painchaud, IMF Resident Representative in Georgia, presented the IMF’s latest Regional Economic Outlook for the Caucasus and Central Asia on November 2, 2016. Representatives of the Georgian government, the President’s administration, the National Bank of Georgia, the business community, the civil society, and the press attended the presentation and participated in discussions.

    November 2, 2016

  • Georgia's Macro-Financial Challenges

    On May 13, IMF Resident Representative in Georgia Azim Sadikov gave a presentation on Georgia’s macro-financial challenges at the International School of Economics in Tbilisi (ISET). The discussion that followed the presentation focused on how to reduce external and fiscal vulnerabilities while supporting economic growth.

    May 17, 2016

  • Azim Sadikov's, IMF Resident Representative, interview with Channel 1 (in Georgian)

    May 11, 2016

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IMF's work on Georgia

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November 6, 2018

A modest growth recovery continues for countries in the Middle East, North Africa, Afghanistan, and Pakistan region. Higher oil prices are providing support for oil-exporting countries but are adding to pressures facing oil-importing countries. Meanwhile, growth in the Caucasus and Central Asia region exceeded expectations in 2017, but momentum is set to fade. At forecasted growth rates, it will take the region nearly two decades to reach the per capita income levels of emerging Europe. Faster-than-anticipated tightening of global financial conditions and rising trade tensions cloud the outlook for both regions. The increasingly challenging global environment underscores the need for both regions to build resilience and accelerate reforms that build dynamic private sectors and promote inclusive growth.
Read the Report