## Georgia: Technical Assistance Report-Fiscal Transparency Evaluation

_Technical Assistance Reports, March 25, 2024_

## Source details

**Canonical URL:** [Georgia: Technical Assistance Report-Fiscal Transparency Evaluation](https://www.imf.org/en/publications/technical-assistance-reports/issues/2024/03/25/georgia-technical-assistance-report-fiscal-transparency-evaluation-546666)

## Other formats

- [Markdown version](/en/publications/technical-assistance-reports/issues/2024/03/25/georgia-technical-assistance-report-fiscal-transparency-evaluation-546666/index.md)
- [Structured JSON version](/en/publications/technical-assistance-reports/issues/2024/03/25/georgia-technical-assistance-report-fiscal-transparency-evaluation-546666/index.json)
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## Bibliographic details
- Published: March 25, 2024
- Series: Technical Assistance Reports
- DOI: https://doi.org/10.5089/9798400269691.019

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### Overview and Purpose
- Publication date: March 25, 2024
- This report updates the Fiscal Transparency Evaluation for Georgia published in 2017.
- Pages: 66
- Volume: 2024
- Issue: 024
- Series: Technical Assistance Report No. 2024/024
- DOI: https://doi.org/10.5089/9798400269691.019
- Stock No: TAREA2024024
- ISBN: 9798400269691
- ISSN: 3005-4575

### Key Findings: Improvements since 2017
- Fiscal reporting has become more comprehensive through an increased coverage of public entities.
- Annual financial statements for the central government have been published since 2020.
- Fiscal forecasting and budgeting improvements include:
  - Recalibration and adoption of a new set of fiscal rules.
  - Reconciliation and explanation of changes to the government’s previous forecasts.
- Fiscal risk analysis and management has been expanded to comprise a wider set of risks.
- More complex analytical exercises are now undertaken, including analysis of long-term risks.

### Identified Gaps and Areas for Further Action
- Further increase the coverage of fiscal reports.
- Strengthen external oversight of the government’s financial position.
- Other gaps were identified that the country should address to continue improving transparency.

### Thematic Scope and Subjects Covered
- Budget execution and treasury management
- Budget planning and preparation
- Expenditure
- Financial statements
- Fiscal risks
- Public financial management (PFM)
- Monetary policy
- International organization

### Keywords and Stakeholders Mentioned
- authorities of Georgia
- Budget Execution and Treasury Management
- Budget Planning and Preparation
- FAD expert
- Financial statements
- Fiscal Risk Management
- Fiscal risks
- Fiscal Transparency
- Georgia
- Global
- Government Financial Statements
- IMF's Fiscal Affairs Department
- local government
- mission activity
- Public Financial Management.
- request of the Ministry of Finance

*International Monetary Fund. Fiscal Affairs Dept. "Georgia: Technical Assistance Report-Fiscal Transparency Evaluation", Technical Assistance Reports 2024, 024 (2024).*

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## Content in this bundle

- **Tarea2024024**
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  - [Tarea2024024 (PDF)](/-/media/files/publications/tar/2024/english/tarea2024024.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/technical-assistance-reports/issues/2024/03/25/georgia-technical-assistance-report-fiscal-transparency-evaluation-546666_