Case Study

Supporting Public Finance Policy and Management Reforms | Georgia

Supporting Public Finance Policy and Management Reforms | Georgia

Pages 2 Pages

Supporting Public Finance Policy and Management Reforms | Georgia Located at the intersection of Western Asia and Eastern Europe, the republic of Georgia declared independence in 1991 shortly after the collapse of the Soviet Union. After su?ering from political, social and economic turmoil through most of the 1990’s, the newly independent state embarked on major democratic and economic reforms following the Rose Revolution of 2003. Challenge Georgia’s transition to a free market economy would require structural and policy reforms. In 2007, the European Union launched a large scale public ?nance management assistance program to support the government of Georgia in achieving greater government accountability by establishing a modern public ?nance management system that would enable medium te

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