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. Some of he priority recommendations are : Crisis Management and Bank Resolution : establish formal crisis management team … and develop a crisis management strategy and contingency plan. Financial Sector Supervision : amend law to give the NBG …
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A joint IMF and World Bank team conducted virtual missions to Georgia during January-February 2021 and May-June 2021, to update the findings of the Financial Sector Assessment Program (FSAP) conducted in 2014. This report summarizes the main findings of the mission, identifies key financial...
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-2013. Therefore, containing aggregate demand through fiscal and credit growth management is essential to maintain macroeconomic … balances while exchange rate management needs to be measured given the pressures on reserves and competitiveness. As the …
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The aim of this note is to present and analyze subnational fiscal trends in Russia in the context of overall slowing economic growth and falling oil prices over the last few years. In particular, in 2015, GDP fell by 3.7 percent. Despite efforts to cut expenditures, the federal deficit increased...
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the need to improve disaster and risk management. The country is benefiting from strong macroeconomic fundamentals …. Several reforms have successfully started, notably in public financial management. However, the window of opportunity is …
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