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Washington, DC : The Executive Board of the International Monetary Fund (IMF) completed the first review of the three-year Stand-By Arrangement (SBA) for Georgia. The completion of the review enables access of SDR 30 million (about US$40 million). The Georgian authorities continue to treat the arrangement as precautionary. Strong growth of 10 percent is projectedWashington, DC : The Executive Board of the International Monetary Fund (IMF) completed the first review of the three-year Stand-By Arrangement (SBA) for Georgia. The completion of the review enables access of SDR 30 million (about US$...

Washington, DC : The Executive Board of the International Monetary Fund (IMF) completed the first review of the three-year Stand-By Arrangement (SBA) for Georgia. The completion of the review enables access of SDR 30 million (about US$40 million). The Georgian authorities continue to treat the arrangement as precautionary. Strong growth of 10 percent is projectedWashington, DC : The Executive Board of the International Monetary Fund (IMF) completed the first review of the three-year Stand-By Arrangement (SBA) for Georgia. The completion of the review enables access of SDR 30 million (about US$...

IMF Executive Board Completes the Eighth Review under the Extended Fund Facility for Georgia sitecoreitem IMF Executive Board Completes the Eighth Review under the Extended Fund Facility for Georgia April 12, 2021 The completion of the eighth review concludes the EFF supported program which has helped strengthen the economy's resilience to shocks, as underscored by Georgia's ability to successfully navigate the fallout from the COVID-19 pandemic. The Georgian economy is expected to resume growth from the second quarter of 2021 onwards and output is projected to expand by 3.5 percent this year...