Georgia : Third Review Under the Stand-By Arrangement and Requests for Augmentation, Extension of the Arrangement, Rephasing of Purchases, and Modification of Performance Criteria; Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Georgia.
This paper discusses key findings of the Third Review under the Stand-By Arrangement for Georgia. With monetary policy impaired by high dollarization, the authorities' response to the downturn relies mostly on fiscal stimulus. The reduction of policy interest rates and ample liquidity injection...
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| Format: | Tidsskrift |
| Sprog: | English |
| Udgivet: |
Washington, D.C. :
International Monetary Fund,
2009.
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| Serier: | IMF Staff Country Reports; Country Report ;
No. 2009/267 |
| Online adgang: | Full text available on IMF |