Georgia: Ex Post Assessment of Georgia’s Performance Under Fund-Supported Programs

IMF Staff Country Reports, February 3, 2004

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This report reviews Georgia's performance under the two IMF-supported programs covering the period 1996–2003.
It discusses the key challenges that Georgia faces in realizing the goals of its recently finalized Economic Development and Poverty Reduction Program (EDPRP).
Georgia has broadly maintained a liberal trade and payments system.
The authorities have made substantial progress in implementing financial sector reforms.
Publication date: February 3, 2004.

Time period covered: 1996–2003.
Trade and payments regime: broadly liberal.
Financial sector reforms: substantial progress achieved.
The report addresses subjects including: Corruption, Crime, Economic sectors, Energy sector, External debt, Public financial management (PFM), Revenue administration.
Keywords highlighted: anti-money laundering legislation, Corruption, CR, Energy sector, Georgian authorities, governance, government, interim government, ISCR, state budget, state capture.

The report discusses key challenges to realizing the goals of the Economic Development and Poverty Reduction Program (EDPRP).
Emphasis placed on governance and anti-corruption measures as central to program success.
Financial sector reform progress is noted as supporting program objectives, while energy sector and external debt issues remain areas of focus.

Source: Georgia: Ex Post Assessment of Georgia’s Performance Under Fund-Supported Programs, IMF Staff Country Reports 2004/026, February 3, 2004.