Georgia

In response to a request from the National Bank of Georgia (NBG), and with the support of the International Monetary Fund’s (IMF’s) Middle East and Central Asia Department, a financial accounts (FA) and financial soundness indicators (FSIs) technical assistance (TA) mission visited Tbilisi, Georgia, during September 18–29, 2017. The mission complemented the work of the October 2016 TA mission on financial and sectoral accounts. Its main objectives were to assist the NBG in: (i) compiling and disseminating quarterly FA by institutional sector; (ii) compiling and disseminating flow-based monetary statistics for the central bank and other depository corporations (ODCs); (iii) producing a quarterly balance sheet approach (BSA) matrix; (iv) reviewing the source data and compilation methodology of FSIs; and (v) improving the reporting frequency of FSIs.