Georgia: Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility
July 30, 2001
Download PDF
More Formats on IMF eLibrary
Order a Print CopySummary
The centerpiece of the program is fiscal consolidation, to put Georgia on a path to fiscal sustainability, establish the ability of the government to meet its commitments, and underpin efforts to resolve the large external debt burden. Expenditure restraint should be complemented by reforms to increase fiscal transparency and strengthen expenditure monitoring and control. Maintaining low inflation and a stable exchange rate is required. Combating corruption and improving governance will be the key to attracting the investment needed to ensure strong, sustainable growth and poverty reduction.
Subject: Arrears, Expenditure, External debt, Poverty, Poverty reduction strategy, Revenue administration
Keywords: anti-corruption strategy paper, Arrears, bilateral creditor, Central Asia, CR, Europe, IMF staff representative, ISCR, Poverty reduction strategy, PRGF loan, representative, rescheduling of Georgia's debt, willingness
Pages:
76
Volume:
2001
DOI:
Issue:
109
Series:
Country Report No. 2001/109
Stock No:
1GEOEA0012001
ISBN:
9781451814439
ISSN:
1934-7685
