Georgia: Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF), Request for Waiver of Performance Criteria, and Request for Rephasing of Disbursements

International Monetary Fund

No 2002/261, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper focuses on Georgia’s Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF), a Request for Waiver of Performance Criteria, and a Request for Rephasing of Disbursements. The IMF staff considers that recent strong macroeconomic performance in a difficult external environment and efforts to reestablish the momentum of key structural reforms warrant completion of the second review. The IMF staff supports authorities’ request for waivers of performance criteria and their request for higher disbursements.

Keywords: ISCR; CR; PRGF arrangement; SDR; performance under the Poverty Reduction and Growth Facility; Georgia's arrangement; PRGF loan; PRGF program; Poverty reduction strategy; Energy sector; Global (search for similar items in EconPapers)
Pages: 60
Date: 2002-12-04
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