01952cas a2200241 a 4500 AALejournalIMF018612 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484364055 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Middle East and Central Asia Dept. Georgia : 2018 Article IV Consultation, Second Review under the Extended Fund Facility Arrangement, and Request for Modification of a Quantitative Performance Criterion. Washington, D.C. : International Monetary Fund, 2018. 1 online resource (116 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 2018 Article IV Consultation highlights that the macroeconomic performance in Georgia since the global financial crisis has been positive. Growth was higher than that in most peers. The banking sector has remained stable, and foreign reserves have increased. After two years of sluggish growth, following the 2014 regional slowdown, growth has picked up and the external position strengthened. Supported by external demand and buoyant consumption, real GDP grew 5 percent in 2107. The near-term outlook has improved moderately and the output gap is expected to close gradually in 2019-20. Over the medium to long term growth is expected to accelerate moderately and external vulnerabilities to decrease, thanks to the dividends from structural reforms. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2018/198 Full text available on IMF http://elibrary.imf.org/view/journals/002/2018/198/002.2018.issue-198-en.xml IMF e-Library