Georgia: Improving Domestic Resource Mobilization for Inclusive Growth Program
The government of Georgia requested support from the Asian Development Bank to maintain fiscal consolidation and achieve its development goals by improving living standards. The ensuing loan—Improving Domestic Resource Mobilization for Inclusive Growth Program—was designed to increase fiscal space to improve inclusive delivery of social services and promote economic growth. It comprised three subprograms, which involved the release of funds to support annual programs implemented in 2014, 2015, and 2016. The program approach was adopted to allow the sequencing of reforms and incorporating flexibility to change according to the progress achieved. This allowed the government to build on achievements and lessons from the reforms and guide the subsequent phases.
This report validates the completion report of the program. IED overall assessment: Successful.