IMF Staff Country Reports

Georgia: Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF), Request for Waiver of Performance Criteria, and Request for Rephasing of Disbursements

December 4, 2002

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International Monetary Fund. "Georgia: Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF), Request for Waiver of Performance Criteria, and Request for Rephasing of Disbursements", IMF Staff Country Reports 2002, 261 (2002), accessed April 22, 2025, https://doi.org/10.5089/9781451814446.002

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Summary

This paper focuses on Georgia’s Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF), a Request for Waiver of Performance Criteria, and a Request for Rephasing of Disbursements. The IMF staff considers that recent strong macroeconomic performance in a difficult external environment and efforts to reestablish the momentum of key structural reforms warrant completion of the second review. The IMF staff supports authorities’ request for waivers of performance criteria and their request for higher disbursements.

Subject: Currencies, Economic sectors, Energy sector, Expenditure, External debt, Poverty, Poverty reduction strategy, Revenue administration

Keywords: CR, Energy sector, Georgia's arrangement, Global, ISCR, Performance under the Poverty Reduction and Growth Facility, Poverty reduction strategy, PRGF arrangement, PRGF loan, PRGF program, SDR

Publication Details

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