Executive Board
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Board Discussions
on Georgia:

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September 15, 2008
August 20, 2007
February 28, 2007
September 29, 2006
March 31, 2006

Projected % Change
   2008  2009
Real GDP 3.500 4.000
Consumer Prices 10.000 7.600
Source: World Economic Outlook (October 2008)
Please refer to more recent PIN/Staff reports on this country for possible revisions.

Georgia: Financial Position in the Fund

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General Data Dissemination System

Transactions with the Fund


IMF Resident Representative Office in Georgia

You may contact us about Georgia and the IMF at GEOContact@imf.org


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Georgia and the IMF
Updated October 21, 2008

The last Article IV Executive Board Consultation was on March 31, 2006. Listed below are items related to Georgia, in reverse chronological order (you can also view items by category).

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October 21, 2008 -- IMF Survey: Putting Georgia on a Path to Recovery
In an interview, Prime Minister Lado Gurgenidze of Georgia talks about the impact of the recent armed conflict, the need for financial support, and how his country must continue the reforms that transformed Georgia's economy.
October 11, 2008 -- IMFC Statement by Wouter Bos
On behalf of: Republic of Armenia, Bulgaria, Bosnia and Herzegovina, Cyprus, Georgia, Republic of Croatia, Israel, Republic of Moldova, former Yugoslav Republic of Macedonia, Kingdom of the Netherlands-Netherlands, Romania, Ukraine. PDF File Size: 321Kb
October 06, 2008 -- Georgia: Request for Stand-By Arrangement - Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Georgia
Series: Country Report No. 08/328
October 01, 2008 -- Growing Apart? A Tale of Two Republics: Estonia and Georgia
Author/Editor: Hochreiter, Eduard | Gylfason, Þorvaldur
Series: Working Paper No. 08/235
September 30, 2008 -- IMF Survey:
Antoinette Sayeh interview, IMF clarifies surveillance process, Georgia loan, Olivier Blanchard interview, Africa's financial sector, EMU slowdown, EU transfers, sovereign wealth fund principles, United Kingdom outlook, Uruguay's financial issues, Saudi Arabia's oil bonanza, news briefs. PDF File Size: 681Kb
September 15, 2008 -- Press Release: IMF Executive Board Approves US$750 Million Stand-By Arrangement for Georgia
September 15, 2008 -- Transcript of a Conference Call on Georgia, Request for Standby Arrangement
September 09, 2008 -- Georgia -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, September 09, 2008
PDF File Size: 186Kb
September 03, 2008 -- Press Release: IMF Mission Reaches Agreement in Principle on a US$750 million Stand-By Arrangement with Georgia
July 07, 2008 -- Press Release: IMF Mission Statement at the Conclusion of a Visit to Georgia
April 12, 2008 -- IMFC Statement by Wouter Bos, Minister of Finance, the Netherlands
On behalf of: Republic of Armenia, Bulgaria, Bosnia and Herzegovina, Cyprus, Georgia, Republic of Croatia, Israel, Republic of Moldova, former Yugoslav Republic of Macedonia, Republic of Montenegro, Kingdom of the Netherlands-Netherlands, Romania, Ukraine. PDF File Size: 155Kb
April 01, 2008 -- Estimating Equilibrium Exchange Rates for Armenia and Georgia
Author/Editor: Al Shehabi, Omar | Ding, Shuang
Series: Working Paper No. 08/110
March 07, 2008 -- Press Release: Statement of an IMF Staff Mission at the Conclusion of a Visit to Georgia
November 14, 2007 -- Press Release: IMF Mission Press Statement at the Conclusion of a Staff Visit to Georgia
September 13, 2007 -- Press Release: Statement at the Conclusion of a IMF Mission to Georgia
August 31, 2007 -- Georgia: Sixth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criteria - Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Georgia
Series: Country Report No. 07/299
August 20, 2007 -- Press Release: IMF Executive Board Completes Sixth and Final Review of Georgia's PRGF Arrangement and Approves US$21.3 Million Disbursement
August 01, 2007 -- Georgia -- Letter of Intent, August 01, 2007
PDF File Size: 78Kb
August 01, 2007 -- Inflation Targeting in Georgia: Are We There Yet?
Author/Editor: Bakradze, Giorgi | Billmeier, Andreas
Series: Working Paper No. 07/193
June 01, 2007 -- Modalities of Moving to Inflation Targeting in Armenia and Georgia
Author/Editor: Dabla-Norris, Era | Kim, Daehaeng | Zermeno Livas, Mayra Rebecca | Billmeier, Andreas | Kramarenko, V.
Series: Working Paper No. 07/133

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