IMF announces new support program for Georgia in 2017
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The International Monetary Fund (IMF) will help Georgia strengthen and develop the structure of its Revenue Service, a legal entity of public law of the Ministry of Finance of Georgia.
The IMF will start implementing its new 'Technical Assistance Program' for Georgia in May 2017.
This was introduced today at a meeting between Georgia’s Finance Minister and head of the Technical Assistance Mission at the fiscal affairs department at IMF.
The purpose of IMF’s new Technical Assistance Program was to strengthen the core functions of the tax administration at the Revenue Service, develop the organisational structure of the office, improve the entire tax administration and more.
With the support of donors, the Technical Assistance Program will see foreign experts support their Georgian colleagues to implement reforms by providing consultations and trainings,” said a statement by Georgia’s Ministry of Finance.
Georgia’s Finance Minister Nodar Khaduri thanked IMF for offering a new avenue of cooperation and confirmed his readiness to continue implementing "fruitful reforms" in the Revenue Service.
Currently the IMF provided technical assistance to Georgia in a wide range of topics; these include National Accounts Statistics, Public Financial Management, Tax Policy and Inflation Targeting.
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The International Monetary Fund (IMF) is pleased by Georgia’s progress in tax policy and revenue administration and has announced a new, three-year, large-scale technical assistance program for the country.
The International Monetary Fund (IMF) is launching a three-year, $285 million technical assistance program in an effort to support economic policy in Georgia.
The International Monetary Fund has approved a new, $285 million, large-scale technical assistance program for Georgia in an effort to support the country’s economic policy.
The International Monetary Fund (IMF) will strengthen its support to Georgia to help the country implement its ambitious reforms.
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