Georgia: Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility

International Monetary Fund

No 2001/109, IMF Staff Country Reports from International Monetary Fund

Abstract: The centerpiece of the program is fiscal consolidation, to put Georgia on a path to fiscal sustainability, establish the ability of the government to meet its commitments, and underpin efforts to resolve the large external debt burden. Expenditure restraint should be complemented by reforms to increase fiscal transparency and strengthen expenditure monitoring and control. Maintaining low inflation and a stable exchange rate is required. Combating corruption and improving governance will be the key to attracting the investment needed to ensure strong, sustainable growth and poverty reduction.

Keywords: ISCR; CR; IMF staff representative; anti-corruption strategy paper; willingness; representative; rescheduling of Georgia's debt; bilateral creditor; PRGF loan; Arrears; Poverty reduction strategy; Central Asia; Europe (search for similar items in EconPapers)
Pages: 76
Date: 2001-07-30
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=15236 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2001/109

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().