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The Cyclicality of Fiscal Policy in the Middle East and Central Asia

The Cyclicality of Fiscal Policy in the Middle East and Central Asia »

Source: The Cyclicality of Fiscal Policy in the Middle East and Central Asia : Is the Current Crisis Different?

Volume/Issue: 2010/68

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2010

ISBN: 9781451982121

Keywords: government spending, public debt, fiscal policy response, General Outlook and Conditions, Fiscal Policies and Behavior of Economic Agents: General, National Government Expenditures and Related Policies: General, National Budget, Deficit, and Debt: General,

The countries of the Middle East and North Africa, and the Caucasus and Central Asia have the highest output volatility in the world. Fiscal policy is a powerful tool that can help dampen the business cycles. This...

Evolution of Debt Sustainability Analysis in Low-Income Countries

Evolution of Debt Sustainability Analysis in Low-Income Countries »

Source: Evolution of Debt Sustainability Analysis in Low-Income Countries : Some Aggregate Evidence

Volume/Issue: 2012/167

Series: IMF Working Papers

Author(s): Benedicte Baduel , and Robert Price

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2012

ISBN: 9781475505153

Keywords: low-income countries, debt service, debt ratios, debt dynamics, National Budget, Deficit, and Debt: Other, Macroeconomic - Aspects Of Public Finance,

The Debt Sustainability Analysis (DSA) for low-income countries (LICs) is a standardized analytical tool to monitor debt sustainability. This paper uses DSAs from three periods around the time of the global economi...

Georgia

Georgia »

Source: Georgia : Recent Economic Developments and Selected Issues

Volume/Issue: 2000/68

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 June 2000

ISBN: 9781451814422

Keywords: interest, budget, debt, deficit, interest rates

This paper provides an overview of recent economic developments in Georgia. The country has made significant, but incomplete, progress toward establishing the rule of law. The rapid accumulation of wage and social...

Georgia

Georgia »

Source: Georgia : Fourth Review Under the Stand-By Arrangement and Request for Modification of Performance Criterion

Volume/Issue: 2009/331

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 December 2009

ISBN: 9781451814712

Keywords: debt, budget, deficit, interest, external debt

This paper discusses key findings of the Fourth Review Under the Stand-By Arrangement for Georgia. The strategy remains appropriate, and program targets for 2010 are in line with those presented at the Third Review...

Georgia

Georgia »

Source: Georgia : Third Review Under the Stand-By Arrangement and Requests for Augmentation, Extension of the Arrangement, Rephasing of Purchases, and Modification of Performance Criteria: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Georgia

Volume/Issue: 2009/267

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 August 2009

ISBN: 9781451814705

Keywords: debt, budget, deficit, external debt, interest

This paper discusses key findings of the Third Review under the Stand-By Arrangement for Georgia. With monetary policy impaired by high dollarization, the authorities' response to the downturn relies mostly on fisc...

Georgia

Georgia »

Source: Georgia : Fifth Review Under the Stand-By Arrangement and Request for Modification of Performance Criteria

Volume/Issue: 2010/83

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 March 2010

ISBN: 9781455206513

Keywords: debt, deficit, interest, external debt, budget

This paper discusses key findings of the Fifth Review Under the Stand-By Arrangement for Georgia. The 2010 program sets out a viable exit strategy from official external support, permitting the Georgian authorities...

Georgia

Georgia »

Source: Georgia : Sixth Review Under the Stand-By Arrangement and Requests for Modification of Performance Criteria, Waiver of Nonobservance of Performance Criterion, Waiver of Applicability of Performance Criterion, and Rephasing of Purchase: Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Georgia.

Volume/Issue: 2010/219

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 July 2010

ISBN: 9781455206520

Keywords: debt, deficit, budget, external debt, interest

The economic recovery has gained strength in Georgia. The corrective policy actions provide adequate assurances that the program objectives are on track. The success in mobilizing additional budgetary support and d...

Georgia

Georgia »

Source: Georgia : Seventh and Eighth Reviews Under the Stand-By Arrangement, and Requests for Waivers of Nonobservance of Performance Criteria and Rephasing of Purchases-Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Georgia

Volume/Issue: 2011/31

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 January 2011

ISBN: 9781455213887

Keywords: debt, deficit, external debt, budget, interest

Real GDP growth for 2010 has been revised upward to 6.3 percent, and annual CPI inflation has increased to about 10 percent. End-December performance criteria (PC) are expected to be met, with the exception of the...

Georgia: Ex Post Assessment of Georgia’s Performance Under Fund-Supported Programs

Georgia: Ex Post Assessment of Georgia’s Performance Under Fund-Supported Programs »

Source: Georgia : Ex Post Assessment of Georgia's Performance Under Fund-Supported Programs

Volume/Issue: 2004/26

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 February 2004

ISBN: 9781451814460

Keywords: debt, external debt, budget, revenues, financial sector

This report reviews Georgia's performance under the two IMF-supported programs, covering the period 1996-2003. It also discusses the key challenges that Georgia faces in realizing the goals of its recently finalize...

Georgia: Fifth Review Under the Stand-By Arrangement and Request for Modification of Performance Criteria Informational Annex

Georgia: Fifth Review Under the Stand-By Arrangement and Request for Modification of Performance Criteria Informational Annex »

Source: Georgia : Fifth Review Under the Stand-By Arrangement and Request for Modification of Performance Criteria

Volume/Issue: 2010/83

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 March 2010

ISBN: 9781455206513

Keywords: debt, deficit, interest, external debt, budget

This paper discusses key findings of the Fifth Review Under the Stand-By Arrangement for Georgia. The 2010 program sets out a viable exit strategy from official external support, permitting the Georgian authorities...