• +353-1-416-8900(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
Georgia (Government of) Oct 08 Product Image

Georgia (Government of) Oct 08

  • Published: October 2008
  • Region: Georgia
  • Standard & Poors

High potential growth rate The government's political commitment to prudent financial policies and market-oriented structural reforms Moderate levels of government debt Uncertainty arising from regional conflicts, as well as from developing political, legal, and economic institutions Weak external indicators aggravated by a difficult relationship with Russia Externally leveraged domestic banking system A narrow economic base Georgia's economy is stabilizing following the brief but intense war with Russia, and will be supported by an estimated $3 billion (24% of GDP) in foreign aid, which will help fund the sovereign's substantial external financing needs and rebuild damaged infrastructure. Estimated at $2,852 in 2008, per capita GDP is expected to continue rising supported by good long-term economic prospects. This, however, depends on the...

Companies mentioned in this report are: Georgia (Government of)
Action: Review

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets READ MORE >

Georgia (Government of)

Note: Product cover images may vary from those shown