Intention to Pay Dividends for 2010
7.4%
7.2%
7.2%
FDIS and Donor Assistance
Liberal regulatory environment for foreign businesses, resulting in FDI
averaging at 16% of GDP during past three years, with cumulative FDI (2004
-2009) in country reaching 60.5% of GDP as of YE 2009.
Unequivocal support from the West and IFIs with total financial pledge
through 2011 of US$4.5 bln (42% of 2009 GDP). Approximately one third of
the package is earmarked for financial sector. By end of FY 2010, cumulative
donor commitment to Georgia under the Brussels pledge will total circa
US$4.2 billion, with possibility of further upward adjustment. As of YE 2009,
US$ 1.4 billion was disbursed
In addition:
Approved access to US$1.2 bln under SBA by IMF until 2011
U.S. Committed US$ 124 mln investment in energy infrastructure
development (February 2010)
US$70 million from ADB for infrastructure repairs
Quarterly FDI inflows
Net remittances
US$ mln
1000
900
800
700
5.4%
600
4.9%
4.2%
500
400
300
420.5
200
315.4
100
212.7
0
2004 A
2005A
FDI Inflows
2006A
Net remittances (LHS)
US$ mln
800.0
700.0
600.0
500.0
400.0
300.0
200.0
100.0
0.0
280.7
421.4
01.5
489.1
Q1 Q2 Q3 Q4 Q1 Q2 Q3 04 Q1 Q2 Q3 Q4
'05 '05 '05 '05 '06 '06 '06 '06 '07
Source: National Statistics Office of Georgia
'07 '07 '07
Lobko
BANK OF GEORGIA
www.bog.ge/ir
34.7
Q2 Q3 Q4
22
8 2
2
'08 '08 '08 '08
US$ mln
3,000
2,500
2,000
1,500
917.9
766.5
755.4
2007A
2008A
9%
8.4%
8%
7%
6%
5%
950.0
4%
3%
2%
1%
0%
2009
2010F
Net remittances as % of GDP (RHS)
25.0%
19.8%
20.0%
942.0
276.2
15.3%
15.0%
261.7
12.2%
1,092.6
10.0%
658.0
1,000
7.0%
2,015.0
9.4%
1,564.0
7.7%
82
114.C
77.2
173.2
194.0
75.7
196.5
160.3
176.7
1,190.0
6.1%
5.0%
500
870
658.0
483.0
450.0
0
0.0%
2004
2005
2006
2007
2008
2009
2010F
Q2 Q3 Q4 Q1
02
'09 '09 '09 '09 '10 '10
Net FDI
Source: Government of Georgia presentation
Donor inflows
Net FDI as % of GDP
October 2010
Page 12View entire presentation