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: 190 countries
  • Georgia joined the Fund on May 5, 1992
  • Quota: SDR 150.30 million

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Office Activities

  • Presentation Caucasus and Central Asia Regional Economic Outlook by Mr. Juha Kahkonen

    November 8, 2019

  • 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

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IMF's work on Georgia

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Regional Economic Outlook

April 11, 2021

A year into the coronavirus (COVID-19) pandemic, the race between vaccine and virus entered a new phase in the Middle East and Central Asia region, and the path to recovery in 2021 is expected to be long and divergent. The outlook will vary significantly across countries, depending on the pandemic’s path, vaccine rollouts, underlying fragilities, exposure to tourism and contact-intensive sectors, and policy space and actions. Public gross financing needs in most emerging markets in the region are expected to remain elevated in 2021–22, with downside risks in the event of tighter global financial conditions and/or if fiscal consolidation is delayed due to weaker-than-expected recovery. 2021 will be the year of policies that continue saving lives and livelihoods and promote recovery, while balancing the need for debt sustainability and financial resilience. At the same time, policymakers must not lose sight of the transformational challenges to build forward better and accelerate the creation of more inclusive, resilient, sustainable, and green economies. Regional and international cooperation will be key complements to strong domestic policies.
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