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Tag Archives: Fiscal policy

2017 Budget is Essentially Transformed Fiscal Policy

Kumsishvili: We are Meeting Investors on Restoration of Regional Airdromes

The 2017 state budget, as well as government’s midterm budget plan, is an essentially transformed fiscal policy, Minister of Finance Dimitry Kumsishvili noted at a final briefing of International Monetary Fund mission. He held the briefing jointly with National Bank president Koba Gvenetadze and IMF mission head Mercedes Vera Martin. …

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IMF is Concerned About the Fiscal Risks of Georgia

IMF: Georgia is Expected to Have Better Growth Figures than Other Countries in the Region

International Monetary Fund (IMF) is concerned about the fiscal risks of Georgia. The issue is considered in the statement disseminated by the Fund.  The Fund regards, that such risks should be managed carefully. “Fiscal risks from government guarantees—including those to backstop power-purchase agreements to encourage hydropower investment—should be managed carefully to …

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