Georgia's interim president says the country faces "economic collapse" following the deposing of veteran leader Mr Eduard Shevardnadze.
"The situation is very difficult. Yesterday's [economic] data shows that we are facing economic collapse," Mr Nino Burdzhanadze told administration officials on Tuesday. "It's even worse than we thought. We must take radical measures," she said.
Mr Shevardnadze, who quit on Sunday after three weeks of opposition protests, has been widely blamed for leading his country into economic ruin during an 11-year rule.
Georgia has fallen out with the International Monetary Fund (IMF), which refused to lend it money under a poverty-reduction programme until the Shevardnadze government dealt with mass corruption and tax evasion.
Sources close to the Paris Club of official creditors said Georgia would have to mend its relationship with the IMF before it has any chance of a deal on debt relief with wealthy nations.