IMF Staff Country Reports

Georgia: Recent Economic Developments and Selected Issues

November 26, 2001

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Georgia: Recent Economic Developments and Selected Issues, (USA: International Monetary Fund, 2001) accessed September 27, 2024

Summary

Real GDP growth in Georgia has been slow since the Russian crisis, but there are signs of more vigorous growth, despite weak external demand. The paper discusses administrative corruption, state capture, influence, and tax policy formulation. The trends of total social expenditure in relation to fiscal adjustment have been analyzed and discussed in the context of Georgia's poverty reduction strategy. Banking sector reforms and financial development, dollarization, the energy sector, and statistical data of economic indices of Georgia are also presented.

Subject: Banking, Commercial banks, Currencies, Dollarization, Excises, Expenditure, Financial institutions, Monetary policy, Money, Taxes

Keywords: Banking sector, Banking system, Commercial banks, CR, Currencies, Distribution company, Dollarization, Eastern Europe, Exchange rate, Excises, Foreign currency, Interest rate, ISCR, Tax code, Treasury bill

Publication Details

  • Pages:

    128

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2001/211

  • Stock No:

    1GEOEA0032001

  • ISBN:

    9781451814507

  • ISSN:

    1934-7685