1.

Record Nr.

UNINA9910968071603321

Titolo

Georgia : : First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criterion

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2005

ISBN

9786613728500

9781462320165

1462320163

9781452797908

1452797900

9781280887192

1280887192

9781451880427

1451880421

Edizione

[1st ed.]

Descrizione fisica

1 online resource (63 pages)

Collana

IMF Staff Country Reports

Soggetti

Business & Economics

Economic History

Exports and Imports

Money and Monetary Policy

Public Finance

Taxation

Social Services and Welfare

Taxation, Subsidies, and Revenue: General

Monetary Policy, Central Banking, and the Supply of Money and Credit: General

National Government Expenditures and Related Policies: General

Monetary Systems

Standards

Regimes

Government and the Monetary System

Payment Systems

Trade: General

International Investment

Long-term Capital Movements

Public finance & taxation

Monetary economics

International economics



Social welfare & social services

Corporate crime

white-collar crime

Revenue administration

Monetary base

Public financial management (PFM)

Currencies

Imports

Money

International trade

Foreign assets

External position

Revenue

Money supply

Finance, Public

Investments, Foreign

White-collar crime

Georgia

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Bibliographic Level Mode of Issuance: Monograph

Nota di contenuto

Intro -- Contents -- EXECUTIVE SUMMARY -- I. RECENT ECONOMIC DEVELOPMENTS AND PERFORMANCE UNDER THE PROGRAM -- II. POLICY DISCUSSIONS AND PROGRAM THROUGH JUNE 2005 -- III. STAFF APPRAISAL -- APPENDIX I -- APPENDIX II -- APPENDIX III -- ATTACHMENT I -- ATTACHMENT II -- ATTACHMENT III -- ATTACHMENT IV -- Statement by the IMF Staff Representative December 20, 2004 -- IMF Executive Board Completes First Review Under Georgia's PRGF Arrangement and Approves US21.5 Million Disbursement -- Statement by Jeroen J. M. Kremers, Executive Director for Georgia and Nikoloz Gigineishvili, Advisor to Executive Director December 20, 2004.

Sommario/riassunto

The staff report for the First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility on Georgia highlights economic developments and policies. Growth has remained robust and inflation subdued against the backdrop of steady remonetization. Rapid growth in fiscal revenue has permitted a faster-than-expected clearance of domestic arrears. Parliament is expected to vote shortly on a tax reform bill designed to streamline the tax code and encourage investment. Structural reforms will continue to be geared toward consolidating the fiscal position, deepening financial sector reforms.