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Georgia : First Review under the Extended Fund Facility and Request for Modification of Performance Criteria-Press Release; and Staff Report

Author/Editor:

International Monetary Fund. Middle East and Central Asia Dept.

Publication Date:

December 7, 2017

Electronic Access:

Free Full Text (PDF file size is 1355 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Recent economic developments. Economic activity has strengthened on the back of stronger growth in main trading partners. Fiscal overperformance and efforts to address structural weaknesses have helped boost confidence. Program status. The 36-month Extended Fund Facility (EFF) approved on April 12 2017, with access of SDR 210.4 million (100 percent of quota), is on track. All end-June 2017 performance criteria (PCs) were met, some with significant margins. All structural benchmarks were also met. Completion of the review will make available the amount of SDR 30 million.

Series:

Country Report No. 17/361

English

Publication Date:

December 7, 2017

ISBN/ISSN:

9781484331224/1934-7685

Stock No:

1GEOEA2017004

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

75