Georgia: Financial Sector Assessment Program-Technical Note-Macroprudential Policies and De-Dollarization
IMF Staff Country Reports, September 30, 2021
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- Georgia: Financial Sector Assessment Program-Technical Note-Macroprudential Policies and De-Dollarization
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Bibliographic details
- Published: September 30, 2021
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781557753533.002
Executive summary
- Since the 2015 FSAP, the NBG has significantly strengthened its institutional framework for macroprudential policy and put in place a comprehensive toolkit.
- To strengthen transparency and accountability for macroprudential policy, the NBG published its Macroprudential Policy Strategy in 2019.
Macroprudential Policy Strategy — five intermediate objectives
- (i) mitigating and preventing excessive credit growth and leverage;
- (ii) mitigating and preventing excessive maturity mismatch and market illiquidity;
- (iii) limiting direct and indirect exposure concentrations;
- (iv) limiting the systemic impact of misaligned incentives with a view to reducing moral hazard;
- (v) reducing dollarization of the financial system.
Publication metadata and identifiers
- Title: Georgia: Financial Sector Assessment Program-Technical Note-Macroprudential Policies and De-Dollarization
- Date: September 30, 2021
- Pages: 40
- Volume: 2021
- Issue: 220
- Series: Country Report No. 2021/220
- DOI: https://doi.org/10.5089/9781557753533.002
- Stock No: 1GEOEA2021004
- ISBN: 9781557753533
- ISSN: 1934-7685
- Format options noted: Download PDF; More Formats on IMF eLibrary; Order a Print Copy
Subjects and keywords
- Subject: Currencies, Dollarization, Financial sector policy and analysis, Foreign exchange, International organization, Macroprudential policy, Macroprudential policy instruments, Monetary policy, Money
- Keywords: Central Asia and the Caucasus, Currencies, D. assessment, DE-dollarization policy, deposit dollarization, Dollarization, E. Policy recommendation, Eastern Europe, Global, loan dollarization, Macroprudential policy, Macroprudential policy instruments
International Monetary Fund. Monetary and Capital Markets Department "Georgia: Financial Sector Assessment Program-Technical Note-Macroprudential Policies and De-Dollarization", IMF Staff Country Reports 2021, 220 (2021).
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- 1geoea2021004