IMF Mission Participated in a Seminar at the NBG (October 22. 2005)

161On October 22, 2005 the visiting IMF mission participated in a seminar hosted by the National Bank of Georgia. The seminar focused on some of the main policy challenges facing Georgia in the next few years and on relevant experience from the transition countries. Representatives of the parliament and government participated in the seminar.
The topics discussed during the seminar included the possible monetary and fiscal policy strategies, analysis of Georgia’s international competitiveness and relevant experiences of transition countries.


IMF Regional Economic Outlook presentation held in Tbilisi on October 3, 2005 (October 3, 2005)

160Mr. Julian Berengaut, Deputy Director of International Monetary Fund’s Middle East and Central Asia Department (MCD), released the Regional Economic Outlook (REO) in Tbilisi, Georgia, at a briefing involving journalists, business leaders, the diplomatic community and officials. The REO provides a broad synopsis of recent economic developments, highlighting macroeconomic trends and policies in the region. The report also focuses on the economic consequences of the oil boom on the region’s oil exporters, and the policy responses to upward exchange rate pressure in some countries in the MCD region that are members of the Commonwealth of Independent States (CIS).


IMF Managing Director Rodrigo de Rato Visit to Georgia (June 13, 2005)

140Mr. Rodrigo de Rato, Managing Director of the International Monetary Fund (IMF), issued the following statement today in Tbilisi at the conclusion of his visit to Georgia, where he participated in an IMF/WB Constituency Meeting and held meetings with the Georgian authorities:
“I am delighted to be in Georgia for the first time. The purpose of my visit was to attend the annual meeting of a group of 12 countries, including Georgia, that work together at the Executive Boards of the IMF and the World Bank. But I have also met the Georgian authorities and reviewed the impressive progress they have achieved since taking office in early 2004.