საგადასახდელო ბალანსზე ზემოქმედების მაკროეკონომიკური ინსტრუმენტები

Deficit of balance of payments (BOP) is main challenge and economic phenomenon among
developing countries. It is the main tool of analysis and forecasting of countries economic activities to
rest of the world. Methodology of BOP gives opportunity to use relevant information and data, to
analyze countries external economic activities, analysis and forecasting of the solvency of country.
The main goal of BOP is to determine the right monetary and fiscal policy, for better management of
FX market.
The aim of this work is to analyze BOP and its components. Also, to explain the impact of
fiscal and monetary policy in terms of full and incomplete mobility of capital, fixed and floating
exchange rate with IS-LM-BP model. And finally, these conclusions will be used for analysis of
Georgia’s BOP. Review of important macroeconomic indicators and finding out of main tendencies
in Georgia’s BOP for 2019 year.
In conclusion, Georgia’s BOP in 2020 Q1 is discussed against COVID-19, and the regulatory
measures taken by the National Bank of Georgia and the government and the results of their policies
are evaluated.