Georgia Needs Your Help!

No dipstick I am still talking about the country, not the state.  And why would a country that has a surplus in their budget need our help?  Why would a country that runs on a deficit help a country that workes with a surplus?

The United States is exploring ways to assist Georgia’s economy including how global financial institutions can help limit economic damage caused by the conflict with Russia, a senior U.S. Treasury official said Friday.

Assistant Treasury Secretary Clay Lowery said the situation in Georgia was “fluid” and it was hard to know how much harm was done to the economy and investor confidence since the crisis erupted over the breakaway South Ossetia region.

While the White House has flexed its political muscle to force Russia to pull troops out of the region, the U.S. Treasury has tried to reassure investors over Georgia’s young democracy.

All three institutions said this week they stood ready to help Georgia’s government, which they said had acted to tackle corruption, quicken privatization and created a business-friendly environment that increased capital flows.

“For Georgia to succeed it has got to continue along the path it has been following in terms of its economics, which can lead to greater economic growth and continued private sector flows both from investment and trade,” he added.

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