Global Development Matters
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Georgia

Georgia
flag of Georgia map of Georgia

 

Georgia, eligible for the MCA each year since its inception in 2004 was again selected as eligible in the 2007 and 2008 selection rounds. Georgia signed a $295.3 million compact in September 2005.

 

MCA Status

On September 12, 2005, Georgia signed a five-year $295.3 million Compact with the MCC. The compact focuses on rehabilitating regional infrastructures outside the capital city and promoting private sector development

Country Compact

Georgia's Final Compact
MCC Summary of the Compact (pdf)
Compact Fact Sheet
Georgia's MCC compact proposal is publicly available
Read CGD's summary of the proposal

Georgia's Poverty Reduction Strategy Paper (PRSP) highlights nine priorities for achieving growth and reducing poverty: improved governance, macroeconomic stability, strengthened institutions, development of human capital, management of social risk, prioritizing key economic sectors, improvement of the natural environment, rehabilitation of post-conflict zones, and development of science-intensive and information technologies.

Georgia's PRSP

Joint Staff Assessment (JSA) of the PRSP (PDF)

Georgia's Joint Staff Advisory Note (JSAN) of the PRSP (PDF)

 

 

Country Eligibility

In the FY 2008 selection process, Georgia scored above the median on all six “ruling justly” indicators, two of five “investing in people” indicators, and all six “economic freedom” indicators.

Georgia’s performance (pdf) on the FY 2008 selection indicators

Review Georgia’s performance (pdf) on the FY 2007 selection indicators

Review Georgia's performance (pdf) on the FY 2006 selection indicators

Learn more about the MCC's country selection process

 

 

Country Facts

Data are for 2006 (or most recent year available)

Per capita income (GNI, current US$) $1,560
Poverty rate ($2 a day) 25% 
Average economic growth, 1996-2005 6.6%
Population 4,436,486
Percent population rural 48%
Life expectancy 71 yrs
Literacy Rate N/A

Source: World Development Indicators 2007

Georgia at a Glance from the World Bank (PDF)

 

Other U.S. Policies

Development Assistance USAID requested $67 million in its FY 2006 budget to fund programs in social and health services to reduce human suffering, and to promote economic growth, improved governance, and sound management of environmental and energy resources. These funds are authorized under the FREEDOM Support Act (FSA) of 1992, passed to promote assistance to the Independent States of the former Soviet Union.

Review the USAID strategy in Georgia

Trade The U.S. imported $77 million in goods from Georgia in 2004, with half receiving access under Generalized System of Preferences (GSP). Nearly half of imports were iron and steel, with petroleum and petroleum products accounting for another third of the total $77 million.

See a spreadsheet of U.S. imports from Georgia

 

 

Other Donors

The top three donors to Georgia in 2005 were:

Donor

ODA/OA* Disbursement 2005
(net $ US millions)

United States 73.30 
World Bank IDA 59.23 
Germany 51.07

Source: Development Assistance Committee Database
Organization for Economic Cooperation and Development (OECD)
*ODA/OA is Official Development Assistance and Overseas Aid
www.oecd.org/dac/stats/idsonline

 

 

World Bank Involvement

Since 1992, the World Bank has committed over $773 million to Georgia. Nineteen active projects, with funding totaling over $300 million, focus on infrastructure, energy, the environment, and human development.

World Bank projects in Georgia

 

Other Resources

MCC Georgia web site

Compendium of food and agriculture indicators from the UN’s Food and Agriculture Organization (FAO) - (PDF)

Department of State country profile providing background on Georgia’s history and U.S.-Georgia relations