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Реферат Private sector and human-resource development in Georgia





ecure parliamentary approval of a revised budget. The current PRGF will expire in the next several months and the IMF will soon be initiating discussions to assess prospects for a possible new three-year program to support Georgia's EDPRP.

2. The World Bank has taken the lead in the policy dialogue on structural issues, focusing on: (i) strengthening public expenditure management; (ii) deepening and diversifying sources of growth, (iii) protecting the environment; and (iv) reducing poverty. The table on page 53 summarizes the division of responsibility between the two institu-tions. In a number of areas - for example the social sectors, rural development, environment, and infrastructure - the Bank takes the lead in the dialogue and there is no cross conditionality with the IMF-supported program. The Bank is also leading the dialogue on private sector reform, and Bank analysis serves as inputs into the Fund program. In other areas - energy, the financial sector, public expenditure management, and revenue and customs - both institutions work together. Finally, in areas like monetary policy the IMF takes the lead with little Bank involvement.

Areas in which the World Bank leads and there is no direct IMF involvement

3. Areas in which the Bank leads and there is no direct IMF involvement include the social sectors, infrastructure and environment.

В· In the social sectors the Bank conducts annual updates of Georgia's Poverty Assessment based on household data collected on a quarterly basis. The Bank's focus has been to improve the budget execution of expenditures for health, education and poverty benefits and to raise the efficiency in the use of scarce public resources. Through the Social Investment Fund Credits IDA is focusing in particular on areas with high poverty levels to provide basic infrastructure to the poorest communities. A recently approved Self-reliance Fund Grant will help authorities address the complex issues related to internally displaced people. IDA is also supporting a dialogue with the Government on social protection reform that may lead to an IDA-supported project.

В· In education the Education Adaptable Program Credit aims at improving the learning outcomes of primary and secondary students, through curriculum reform, development of an examination system, training of teachers, provision of learning materials, and development of capacity to make better use of Georgia's physical, financial and human resources. While the investment needs of school buildings are substantially higher than is currently affordable for Georgia, the Social Investment Fund projects continue to assist in financing urgent repairs to school facilities in many communities.

В· In health IDA Credits to support the Government in improving the health care financing system, exploring risk-pooling ...


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