Georgia: Fourth Review Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criterion—Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Georgia

November 9, 2006

Preview Citation

Format: Chicago

Georgia: Fourth Review Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criterion—Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Georgia, (USA: International Monetary Fund, 2006) accessed November 28, 2024

Summary

Economic growth continues to be strong, but inflation has increased substantially. The structural agenda remains focused on further improving tax and customs administration, improving fiscal planning and public expenditure management, and strengthening financial markets. The main risks to the economic outlook stems from domestic and external political pressures. Despite these risks and the recent surge in inflation, the government’s strong track record and the commitment to take corrective measures, as needed, bode well for the successful implementation of the program.

Subject: Credit, Currencies, Expenditure, Inflation, Monetary base, Money, Prices

Keywords: CR, Credit, Currencies, Customs tariff, Executive board discussion, Government, Inflation, ISCR, Local government expenditure, Monetary base, Money multiplier, September, Staff appraisal, Targeted poverty reduction program

Publication Details

Pages:

84
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2006/395
Stock No:

1GEOEA2006006
ISBN:

9781451814644
ISSN:

1934-7685

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