01638cas a2200241 a 4500 AALejournalIMF006202 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451814712 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Georgia : Fourth Review Under the Stand-By Arrangement and Request for Modification of Performance Criterion. Washington, D.C. : International Monetary Fund, 2009. 1 online resource (81 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper discusses key findings of the Fourth Review Under the Stand-By Arrangement for Georgia. The strategy remains appropriate, and program targets for 2010 are in line with those presented at the Third Review. Fiscal policy will transition from an expansionary stance in 2009 to a path of strong consolidation, with a reduction in the deficit of 2u percent of GDP in 2010. Despite sizable adjustment, an external financing gap of roughly USD 400 million remains in 2010, mostly because of the slow recovery of private capital inflows. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2009/331 Full text available on IMF http://elibrary.imf.org/view/journals/002/2009/331/002.2009.issue-331-en.xml IMF e-Library