National Bank of Georgia meets IMF leadership to review inflation trends, reserve accumulation and forthcoming assessment missions

The National Bank of Georgia reported that Governor Natia Turnava and Georgia’s Finance Minister Lasha Khutsishvili held working meetings with senior International Monetary Fund officials in Washington on the sidelines of the IMF and World Bank Annual Meetings, focusing on macroeconomic conditions, financial-sector developments and areas for continued cooperation. The discussions covered low inflation and robust economic growth, with price stability linked to a consistent monetary policy stance. Following a period of high inflation, inflation was described as having remained well below the target over the past two years and more recently stabilised close to the target. The talks also highlighted sound financial-sector indicators, the continued accumulation of international reserves, and the National Bank of Georgia’s longer-term focus on building reserves and managing reserve assets efficiently. The parties reviewed current and prospective IMF technical assistance and discussed IMF assessment missions expected to visit Georgia in the near future, with IMF representatives indicating readiness to continue supporting the country across various areas.