01887cas a2200241 a 4500 AALejournalIMF018100 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484331224 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Middle East and Central Asia Dept. Georgia : First Review under the Extended Fund Facility and Request for Modification of Performance Criteria-Press Release; and Staff Report. Washington, D.C. : International Monetary Fund, 2017. 1 online resource (75 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 Georgia's First Review Under the Extended Fund Facility (EFF) and Request for Modification of Performance Criteria (PCs). The program is on track with all end-June 2017 performance criteria and structural benchmarks met. Economic activity has strengthened on the back of stronger growth in main trading partners. Fiscal overperformance and efforts to address structural weaknesses have helped boost confidence. The economic recovery is gaining momentum, inflation is projected to decline starting in early 2018, and the external position has strengthened. The IMF staff supports the authorities' request for completion of the First Review under the EFF and the modification of three quantitative PCs. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2017/361 Full text available on IMF http://elibrary.imf.org/view/journals/002/2017/361/002.2017.issue-361-en.xml IMF e-Library