Georgia : 2018 Article IV Flashcards

1
Q

Current Account deficit improvement (3)

A

Exports; Remittances; Tourism

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2
Q

Financial Inflows are driven by

A

Direct Investment

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3
Q

Direct Investment is most in the (1) and (2) sectors

A

Manufacturing and Finance

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4
Q

Reserve Adequacy projection

A

3

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5
Q

Since 2017, currency was

A

appreciating

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6
Q

Real GDP growth in 2017-2018 was driven by

A

Trading partner growth

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7
Q

Net IIP has … driven by

A

deteriorated, FDI

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8
Q

Georgia is a net oil …

A

importer

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9
Q

External Debt:GDP

A

~85%

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10
Q

External public debt is (1) and (2)

A

Long dated, Cheap

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11
Q

External debt is mostly … sector

A

Private

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12
Q

Government Debt:GDP

A

~45%

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13
Q

Fiscal Needs are volatile or stable?

A

Stable

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14
Q

Fiscal balance improvement owed to

A

increased revenues

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15
Q

Public investment continues because of

A

increased capital spending

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16
Q

High profitability in the financial sector is owed to

A

reduced NPLs and watch loans

17
Q

Financial sector is highly…

A

concentrated

18
Q

Banks are (1) and (2)

A

Liquid and Well Capitalised

19
Q

Since 2017, Georgia has … dollarization

A

reduced

20
Q

Dollarization trend is owed to …

A

increased credit