Ministry of Finance, State Service of Insurance Supervision, National Commission of Securities
Support to relevant agencies on amendments to tax code and investment rules
Improved functioning of non-banking financial sector, including insurance companies/private pension funds
Social Protection Reform Project
Greater and more effective role for non-banking financial sector, including insurance companies and private pension funds
Structural Reforms
· Assess magnitude and share smuggled goods and those manufactured in informal sector of the economy by various commodity groups
Ministry of Economy, Industry and Trade; State Department of Statistics
Support for initiatives to reduce smuggling and the shadow economy
Reduction in smuggling and in the shadow economy
Trade Facilitation Project; Private Sector Development Project; Public Sector Reform Project; PRSC in High Case
USAID
Increase in tax revenues, including increase in revenues from petroleum products and cigarettes to over 2.5% of GDP
· Develop proposals to encourage investment
Ministry of Economy, Industry and Trade; Ministry of Finance; Ministry of Justice
Intensified dialogue with Government on reform of the banking system as a means of improving the investment climate
Increase in banks’ capitalization; better corporate governance principles and internal control systems; expansion of banking networks; real time banking settlement; anti-money-laundering legislation; deposit insurance introduced
Private Sector Development Project; Financial Sector Advisory Program; Business Environment Study
USAID
IMF
FIRST
Minimum capital raised to €3.5m; improved confidence in banking system; better access to finance; anti money laundering regulations in compliance with FATF requirements
· Implement export promotion measures
Ministry of Economy, Industry and Trade; Ministry of Finance
Support for removal of institutional (governance) obstacles to fulfilling Georgia’s Export Potential
Progress in implementing recommendations of Trade Study/Workshop
Trade and Transport Facilitation Project; Private Sector Development Project; Business Environment Study; Rural Development Project
USAID
Improved perception of environment for exporters in business surveys
Human Capital Development
Improvement of Health
· Revise government commitments in healthcare sector to ensure full financing
Ministry of Labor, Healthcare and Social Protection; Ministry of finance
Assist government to define health financing strategy focusing on improvements in mobilization, allocation and management of public and private resources, help build government capacity in evidence based policy-making, planning, monitoring and evaluation, as well as regulation
Definition of basic benefit package, financing methodology and co-payments, as well as recurrent costs; improved resource mobilization and allocation, including introduction of incentive-compatible provider payment systems
Health Sector Note, JSDF Grant on community health insurance
JSDF SIDA
DFID WHO
Definition of basic benefit package, financing methodology, co-payments, and recurrent costs; better resource mobilization and allocation, including introduction of incentive-compatible provider payment systems
Improvement of Education
· Develop programs for basic education
Ministry of Education, Ministry of Culture
Improving quality of education and access of the poor
Stakeholders actively engaged in improving education quality and outcomes
Education Project
SOROS
97 percent enrollment in basic education for the poorest quintile; 60% of consolidated education expenditures continue to be allocated to primary/secondary education
Improvement of Social Risks Management
· Definition of nature and periodicity of government commitments in the social sector to ensure full financing
Ministry of Labor, Healthcare and Social Protection; State Social Security Fund; Ministry of Finance
Timely execution of Government obligations in the social sectors; fiscal affordability and sustainability
No-arrears in social transfers, increased poverty alleviation impact
Public Expenditure Reviews, PRSC in High Case
No new arrears; poverty incidence decreased by 6 percentage points
· Enforce package of draft bills on compulsory social insurance
Ministry of Labor, Healthcare and Social Protection, State Social Security Fund
Support to implementation of social insurance system
Better performance of the pension system
Social Protection Reform Project
No pension arrears; financing of social insurance/assistance benefits separated
· Phased increase of pensions
Ministry of Labor, Healthcare and Social Protection, State Social Security Fund
Dialogue on pension policies
Increase in pensions
Public Expenditure Reviews; Social Protection Reform Project
Average real pension increased by 20%; extreme poverty among elderly reduced
· Fiscal sustainability of pension system based on compulsory social insurance
Ministry of Labor, Healthcare and Social Protection, State Social Security Fund
Dialogue on pension policies
Satisfactory performance of the pension system
Public Expenditure Reviews; Social Protection Reform Project
Страницы: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49, 50, 51, 52, 53, 54
