IMF to Launch Technical Support Program in Georgia

The International Monetary Fund (IMF) will support a program to provide technical assistance to Georgia's revenue service, to enhance tax administration and ensure the effective implementation of EU Association Agreement requirements. Since 2012, the IMF has assisted Georgia in tax declaration, debt management and recovery, risk management and dispute resolution, legislative changes, audit reform, taxpayers’ service and voluntary compliance and tax administration issues.

Further cooperation possibilities between the Ministry of Finance of Georgia and the IMF were discussed at the meeting of Minister of Economics, Dimitry Kumsishvili with Richard Doornbosch, IMF Alternate Executive Director, and Vitor Gaspar, Director of the Fiscal Affairs Department at IMF, during their visit to Tbilisi.

“We’ve been collaborating with the Georgian authorities quite intensively since 2012,” Gaspar said. “We’ve worked in the area of tax policy and revenue administration as well as in the area of public, financial management and expenditure policy. We’re extremely pleased with the very constructive engagement of the Georgian authorities, who always listen quite carefully to our advice before implementing a program.”

Nino Gugunishvili