Georgia: Fourth Review Under the Extended Fund Facility Arrangement and Request for Modifications of Quantitative Performance Criteria-Press Release; Staff Report; and a Statement by the Executive Director for Georgia
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
Recent economic developments. Economic performance remained robust in 2018: growth reached 4.7 percent, supported by external demand; inflation stayed below the three percent target, the fiscal deficit remained in line with program commitments, and the current account improved. Tighter lending standards helped decelerate credit growth towards more sustainable levels. The banking sector remains well capitalized, liquid, and profitable. Dollarization remains elevated. In early 2019, growth conditions were favorable, with average inflation slightly above the target reflecting increased excises.
Series:
Country Report No. 2019/171
Subject:
Credit External debt Financial institutions Foreign exchange Loans Money Public debt
English
Publication Date:
June 19, 2019
ISBN/ISSN:
9781498320641/1934-7685
Stock No:
1GEOEA2019001
Pages:
82
Please address any questions about this title to publications@imf.org