Georgia : Eighth Review Under the Extended Fund Facility Arrangement-Press Release; and Staff Report
IMF Staff Country Reports, April 16, 2021
Source details
- Canonical URL
- Georgia : Eighth Review Under the Extended Fund Facility Arrangement-Press Release; and Staff Report
Other formats
Bibliographic details
- Authors: International Monetary Fund. Middle East, Central Asia Dept.
- Published: April 16, 2021
- Series: IMF Staff Country Reports
- Pages: 74
- Stock No: 1GEOEA2021001
- ISBN: 9781513577081
- ISSN: 1934-7685
Pandemic status and public-health response
- Georgia emerged from its second lockdown that was imposed in November 2020 following a sharp increase in COVID-19 cases.
- Vaccinations commenced in March 2021.
- The country is described as entering a critical stage in overcoming the pandemic.
Economic impact
- The lockdowns drove a contraction of around 6.2 percent of GDP in 2020.
Outlook and recovery timing
- A recovery is expected to take hold in the second quarter of 2021.
Content in this bundle
- 1geoea2021001