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Georgia: Seventh Review Under the Extended Fund Facility Arrangement and Request for Modification of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Georgia

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  • International Monetary Fund

Abstract

Georgia’s performance under the Extended Arrangement has been positive, but the country is now facing a pronounced economic slowdown. Domestic and external demand remain weak, and service sector activity remains sluggish. Staff projects the economy to shrink by 5.1 percent this year followed by a gradual recovery.

Suggested Citation

  • International Monetary Fund, 2020. "Georgia: Seventh Review Under the Extended Fund Facility Arrangement and Request for Modification of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Georg," IMF Staff Country Reports 2020/322, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2020/322
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=49973
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    Cited by:

    1. Alexander Kentikelenis & Thomas Stubbs, 2022. "Austerity Redux: The Post‐pandemic Wave of Budget Cuts and the Future of Global Public Health," Global Policy, London School of Economics and Political Science, vol. 13(1), pages 5-17, February.

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