Executive Board
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Board Discussions
on Georgia:

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July 11, 2016
July 10, 2013
March 13, 2013
April 11, 2012
June 8, 2011

Article IV Staff Reports

Financial Sector Assessment Program

Projected % Change
   2016  2017
Real GDP 3.4 5.2
Consumer Prices 2.6 3.6
Source: World Economic Outlook (October 2016)
Please refer to more recent Press Release/Staff reports on this country for possible revisions.

Georgia: Financial Position in the Fund

Transactions with the Fund


IMF Resident Representative Office in Georgia

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Georgia and the IMF
Updated November 23, 2016

On July 11th, the Executive Board of the International Monetary Fund concluded the consideration of the Article IV Consultation of Georgia.

Under Article IV of its Articles of Agreement, the IMF has a mandate to exercise surveillance over the economic, financial and exchange rate policies of its members in order to ensure the effective operation of the international monetary system. The IMF’s appraisal of such policies involves a comprehensive analysis of the general economic situation and policy strategy of each member country. IMF economists visit the member country, usually once a year, to collect and analyze data and hold discussions with government and central bank officials. Upon its return, the staff submits a report to the IMF’s Executive Board for discussion. The Board’s views are subsequently summarized and transmitted to the country authorities.

The authorities need more time to consider the publication of the staff report and the related press release.

The last Article IV Executive Board Consultation was on July 11, 2016. Listed below are items related to Georgia, in reverse chronological order (you can also view items by category).

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November 18, 2014 -- GEORGIA NEEDS MORE EFFORTS TO SUPPORT GROWTH REVIVAL-IMF
October 27, 2014 -- Regional Economic Outlook, October 2014, Middle East and Central Asia,
October 11, 2014 -- IMFC Statement by Mr. Jeroen Dijsselbloem, Minister of Finance, The Netherlands
On behalf of: Republic of Armenia, Belgium, Bulgaria, Bosnia and Herzegovina, Cyprus, Georgia, Republic of Croatia, Israel, Luxembourg, Republic of Moldova, former Yugoslav Republic of Macedonia, Montenegro, Kingdom of the Netherlands-Netherlands, Romania, Ukraine. PDF File Size: 403Kb
August 20, 2014 -- Georgia: Request for a Stand-By Arrangement; Press Release; and Statement for the Executive Director for Georgia
Series: Country Report No. 14/250
July 31, 2014 -- Press Release: IMF Executive Board Approves US$154 million Stand-by Arrangement for Georgia
July 15, 2014 -- Georgia -- Letter of Intent and Technical Memorandum of Understanding, July 15, 2014
PDF File Size: 449Kb
June 03, 2014 -- Press Release: Statement at the Conclusion of the IMF and World Bank FSAP Mission to Georgia
April 11, 2014 -- IMFC Statement by Jeroen Dijsselbloem, Minister of Finance, The Netherlands
On behalf of: Republic of Armenia, Belgium, Bulgaria, Bosnia and Herzegovina, Cyprus, Georgia, Republic of Croatia, Israel, Luxembourg, Republic of Moldova, former Yugoslav Republic of Macedonia, Montenegro, Kingdom of the Netherlands-Netherlands, Romania, Ukraine. PDF File Size: 212Kb
April 10, 2014 -- The Caucasus and Central Asia : Transitioning to Emerging Markets
Author/Editor: International Monetary Fund. Middle East and Central Asia Dept.
Series: Middle East and Central Asia Departmental Paper 14/2
Notes: Full text also available in Russian
October 12, 2013 -- IMFC Statement by Koen Geens, Minister of Finance, Belgium
On behalf of: Republic of Armenia, Belgium, Bulgaria, Bosnia and Herzegovina, Cyprus, Georgia, Republic of Croatia, Israel, Luxembourg, Republic of Moldova, former Yugoslav Republic of Macedonia, Montenegro, Kingdom of the Netherlands-Netherlands, Romania, Ukraine. PDF File Size: 139Kb
August 26, 2013 -- Georgia : 2013 Article IV Consultation
Series: Country Report No. 13/264
July 23, 2013 -- Press Release: IMF Executive Board Concludes the 2013 Article IV Consultation with Georgia
June 10, 2013 -- Georgia: 2013 Article IV Discussions Concluding Statement of the IMF Mission
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
April 20, 2013 -- IMFC Statement by Koen Geens, Minister of Finance, Belgium
On behalf of: Republic of Armenia, Belgium, Bulgaria, Bosnia and Herzegovina, Cyprus, Georgia, Republic of Croatia, Israel, Luxembourg, Republic of Moldova, former Yugoslav Republic of Macedonia, Montenegro, Kingdom of the Netherlands-Netherlands, Romania, Ukraine. PDF File Size: 164Kb
April 03, 2013 -- Georgia : First and Second Reviews Under the Stand-By Arrangement and Under the Standby Credit Facility Arrangement, and Request for Waiver of Nonobservance of Performance Criterion—Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Georgia
Series: Country Report No. 13/95
March 13, 2013 -- Press Release: IMF Executive Board Completes First and Second Reviews under Stand-By Arrangement and Stand-By Credit Facility Arrangement for Georgia
March 01, 2013 -- Georgia -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, March 01, 2013
PDF File Size: 331Kb
January 08, 2013 -- Georgia : Detailed Assessment Report on Anti-Money Laundering and Combating the Financing of Terrorism
Series: Country Report No. 13/4
January 08, 2013 -- Georgia : Report on Observance of Standards and Codes—FATF Recommendations for Anti-Money Laundering and Combating the Financing of Terrorism
Series: Country Report No. 13/5
December 18, 2012 -- Press Release: Statement by IMF Mission to Georgia

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