The National Bank of Georgia published an update on a working meeting in Washington, D.C. between Governor Natia Turnava and Finance Minister Lasha Khutsishvili and senior International Monetary Fund representatives during the IMF and World Bank Spring Meetings, covering Georgia’s macroeconomic conditions and financial sector position. Georgia’s officials pointed to low inflation and robust growth, attributing price stability to consistent monetary policy. Turnava also highlighted the National Bank of Georgia’s long-term strategy of accumulating and effectively managing international reserves, reporting reserves above USD 4.4 billion as of April 2025, and described the banking sector as stable and profitable with strong capital and liquidity buffers. IMF Mission Chief for Georgia Alejandro Hajdenberg reaffirmed the Fund’s support for Georgia across various areas.
National Bank of Georgia 2025-04-22
National Bank of Georgia governor meets IMF leadership at Spring Meetings and reports reserves above USD 4.4 billion
The National Bank of Georgia reported a meeting in Washington, D.C. between Governor Natia Turnava, Finance Minister Lasha Khutsishvili, and senior IMF representatives, discussing Georgia’s macroeconomic conditions. Officials noted low inflation and robust growth, crediting price stability to consistent monetary policy, and highlighted international reserves exceeding USD 4.4 billion. The IMF reaffirmed its support for Georgia, with the banking sector described as stable and profitable.