Cover IMF Staff Country Reports
Georgia: First Review Under the Stand-By Arrangement-Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Georgia
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2009: Issue 001
Language:
English
Publication Date:
06 Jan 2009
DOI:
https://doi.org/10.5089/9781451814682.002
ISBN:
9781451814682
ISSN:
1934-7685
Pages:
66
Keywords:
ISCR; CR; market uneasiness; Stand-By Arrangement; Georgia's Stand-By Arrangement; policy; authority; authorities project GDP growth; lender of last resort facility; investor confidence; International reserves; Currencies; Global; Europe
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The staff report for the First Review Under the Stand-By Arrangement with the officials of Georgia highlights economic developments and policies. Sustaining economic growth and maintaining confidence in the currency and the financial system within the constraints of available external financing are the main program priorities. IMF staff recommended a more active role for monetary policy in encouraging market interest rate adjustments. With global markets in distress, the authorities should work on contingency planning to keep the financial sector strong.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund
Volume 2009: Issue 001