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IMF mission assesses Georgia’s statistics system

Business Materials 27 March 2012 22:26 (UTC +04:00)
The mission of the conformity of norms and standards of the International Monetary Fund assessed the situation in the field of statistics of Georgia
IMF mission assesses Georgia’s statistics system

Georgia, Tbilisi, March 27 / Trend N.Kirtzkhalia /

The mission of the conformity of norms and standards of the International Monetary Fund assessed the situation in the field of statistics of Georgia. In connection with the mission's final report regional director of the IMF Edward Gardner and Deputy Director of the National Statistics Service of Georgia Tengiz Tsekvava held today a press conference.

Gardner said the mission was in Georgia in October 2011, and this visit aimed to study to what extent the system of economic and financial statistics of Georgia is in accordance with international law.

The final report, prepared by the Statistics Department of the IMF noted that since the last such mission (2002), Georgia has impressive achievements in those areas of statistics, which are prescribed by the relevant international standards, he said.

"According to the mission, in general, macroeconomic statistics of Georgia is at a high level and adequately meets the information needs of consumers. Georgia has significantly improved the legal, institutional and methodological aspects of data quality," said Gardner.

Tsekvava said the report, along with the achievements, recorded a number of recommendations that aim to improve the statistical information. He noted that some recommendations have already been taken into account, and they will be reflected in the data that will be published in 2012.

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