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Georgia - Adjusting in the face of uncertainty (English)

Economic growth picked up in the final quarter of 2013 as policy uncertainty was reduced, confidence strengthened, and budget execution substantially increased. Surge in spending in the last quarter of the year partially offset sluggish outlays earlier to leave the fiscal deficit for 2013 as a whole at 2.6 percent of gross domestic product (GDP), a marginal improvement from 2012. There was a substantial increase in spending in the fourth quarter...
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Tan,Congyan; Dolidze,Mariam; Prasad,Mona; Shankar,Rashmi; Izvorski,Ivailo V..

Georgia - Adjusting in the face of uncertainty (English). Georgia economic report ; no.5 Washington DC ; World Bank Group. http://documents.worldbank.org/curated/en/819931468031145274

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