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

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 to return to capital markets ahead of their large debt rollover needs in 2013–14. Fis...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2010
Series:IMF Staff Country Reports
Subjects:
Depository Institutions
Public Debt
Banks
Finance
Public Finance & Taxation
Industries: Financial Services
Banks And Banking
Financial Institutions
Debt Management
Micro Finance Institutions
Fiscal Policy
Debts, Public
Debt
Currency
Exports And Imports
Mortgages
International Lending And Debt Problems
International Economics
External Debt
Debts, External
National Government Expenditures And Related Policies: General
Sovereign Debt
Expenditure
Foreign Exchange
Loans
Expenditures, Public
Banking
Public Finance
Georgia
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary: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 to return to capital markets ahead of their large debt rollover needs in 2013–14. Fiscal consolidation remains based on expenditure containment both in 2010 and over the medium term. The authorities are enhancing banking sector supervisory capacity and raising its efficiency. Reflecting improved liquidity conditions, deposit interest rates have decreased but remain high
Physical Description:77 pages
ISBN:9781455206513

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