Georgia: Technical Assistance Report-Updating the Balance Sheet and Quantifying Fiscal Risks From Climate Change
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
The Georgian Ministry of Finance (MoF) has continued to progress its analysis and reporting of fiscal risks, with its annual Fiscal Risk Statement (FRS) becoming the leading example in the region. In addition to detailed discussions of risks from SOEs and the balance sheet, amongst other, the December 2020 FRS included for the first time a qualitative discussion on the fiscal risks from climate change. Looking ahead, the government has committed to strengthening that further with the inclusion of quantitative estimates in the 2022 version of the FRS. This report provides the tools and analytical approaches to support that, as well as an update to the public sector balance (PSBS) sheet to identify the impact of the pandemic.
Series:
Country Report No. 2022/150
Subject:
Climate change Environment Financial statements Fiscal risks International organization Monetary policy Natural disasters Public financial management (PFM)
Frequency:
regular
English
Publication Date:
May 27, 2022
ISBN/ISSN:
9798400209970/1934-7685
Stock No:
1GEOEA2022001
Format:
Paper
Pages:
51
Please address any questions about this title to publications@imf.org