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Georgia: Eighth Review Under the Extended Fund Facility Arrangement-Press Release; and Staff Report

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  • International Monetary Fund

Abstract

Georgia has emerged from its second lockdown that was imposed in November 2020 following a sharp increase in COVID-19 cases. Vaccinations commenced in March 2021 and the country is now entering a critical stage in overcoming the pandemic. The lockdowns drove a contraction of around 6.2 percent of GDP in 2020, and a recovery is expected to take hold in the second quarter of 2021.

Suggested Citation

  • International Monetary Fund, 2021. "Georgia: Eighth Review Under the Extended Fund Facility Arrangement-Press Release; and Staff Report," IMF Staff Country Reports 2021/079, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2021/079
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    Cited by:

    1. Talknice Saungweme & Nicholas M. Odhiambo, 2021. "Inflation and Economic Growth in Kenya: An Empirical Examination," Advances in Decision Sciences, Asia University, Taiwan, vol. 25(3), pages 1-25, September.
    2. Irina Skuratovych & Nataliia Lytvyn & Iryna Panova & Ievgen Ovcharenko & Olena Hryhorevska, 2021. "Efficiency of using the potential of small business in ensuring sustainable economic growth," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 8(4), pages 742-756, June.
    3. 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.
    4. Talknice Saungweme & Nicholas M. Odhiambo, 2021. "Inflation and Economic Growth in Kenya: An Empirical Examination," Advances in Decision Sciences, Asia University, Taiwan, vol. 25(3), pages 1-25, September.
    5. Wa’ed Alshoubaki & Michael Harris, 2021. "Jordan's Public Policy Response to COVID-19 Pandemic: Insight and Policy Analysis," Public Organization Review, Springer, vol. 21(4), pages 687-706, December.
    6. Ramaharo, Franck M., 2021. "A simple macroeconomic framework for Madagascar," MPRA Paper 112092, University Library of Munich, Germany.
    7. Talknice Saungweme & Nicholas M. Odhiambo, "undated". "Inflation And Economic Growth In Kenya: An Empirical Examination," Working Papers AESRI04, African Economic and Social Research Institute (AESRI).

    More about this item

    Keywords

    Policy discussion; inflation targeting framework; EFF arrangement; inflation expectation; budget lending; COVID-19; Loans; Credit; Central Asia; Global;
    All these keywords.

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