First Competitiveness and Growth Development Policy Operation

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The development objective of the First Competitiveness and Growth Development Policy Operation (CG DPO) Program for Georgia is to support competitiveness and inclusive growth. The competitiveness and growth operation CG DPO is a programmatic development policy operation for Georgia. The CG DPO is in the amount of $60 million equivalent and supports measures aimed at facilitating competitiveness and inclusive growth. The DPO series is a central component of the Country Partnership Strategy (CPS) for 2010-13. The program outlined in the document was prepared following two years of post-crisis recovery, and at a time of strengthened focus on the competitiveness pillar of the CPS. The DPO series is anchored in the developmental objectives of the Government's 'ten point plan of modernization and employment.' The plan includes a wide range of policy and institutional reforms, several of which are under implementation. These include efforts to strengthen the electricity power sector and infrastructure, to position the country as a regional trade and logistics hub, and to intensify investment and export promotion. Modernization of agriculture, tourism, and regional development are also critical components of the Plan. The government's program combines broad-based reforms with targeted sectoral efforts aimed at achieving sustained high and inclusive growth. The CG DPO series supports the Government's reforms that are critical to the achievement of competitiveness and inclusive growth. The series supports an adequate macroeconomic framework and policy measures under three pillars: (i) competitiveness; (ii) public financial management; and (iii) effectiveness of social spending. These pillars are consistent with and build upon previous policy lending to Georgia. The strategy adopted by the Government is to promote a virtuous cycle of productivity improvements, higher investment and exports, to generate growth and employment, and adequate strengthen social safety nets.

FY17 - Education,FY17 - Health,FY17 - Industry, Trade and Services,FY17 - Public Administration

World Bank Group

Project

Power Generation (CCGT), Warehouse, Hospital, Hotel, Raw Materials, Government, Education