Investor Presentaiton
7.4%
7.2%
7.2%
More money to flow...
US$ mln
1000
☐ Unequivocal support from the West and IFIs with total financial pledge Net remittances
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$70 million from ADB for infrastructure repairs
Liberal regulatory environment for foreign businesses, resulting in FDI
averaging at 16% of GDP during past three years, with cumulative FDI
(2004-2009) in country reaching 60.5% of GDP as of YE 2009.
Quarterly FDI inflows
US$ mln
800.0
900
800
700
5.4%
600
4.9%
4.2%
500
400
300
200
420.5
315.4
100
212.7
0
2004 A
2005A
FDI Inflows
US$ mln
3,000
2006A
Net remittances (LHS)
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
Labkon
BANK OF GEORGIA
www.bog.ge/ir
34.7
Q2 Q3 Q4
22
8 2
2
'08 '08 '08 '08
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%
2,500
2,000
1,500
261.7
1,000
7.0%
2,015.0
9.4%
82
114.C
77.2
173.2
194.0
75.7
196.5
160.3
176.7
1,190.0
500
483.0
450.0
19.8%
20.0%
942.0
276.2
15.3%
illu
15.0%
12.2%
1,092.6
10.0%
658.0
1,564.0
7.7%
6.1%
5.0%
870
658.0
0
2004
2005
2006
2007
2008
2009
0.0%
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
September 2010
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