The National Bank of Georgia reported that Governor Natia Turnava met with a Federal Reserve Bank of New York delegation in Washington on the sidelines of the International Monetary Fund and World Bank Spring Meetings to discuss the macroeconomic outlook, recent monetary policy developments, and prospects for deepening institutional cooperation. Both sides highlighted the long-standing relationship between the institutions, with the New York Fed indicating interest in strengthening bilateral engagement. Discussions also covered global and regional challenges and Georgia’s price stability priorities, with Turnava linking Georgia’s low inflation environment to the central bank’s monetary policy approach. She outlined recent developments in the financial sector, including banking system resilience, the expansion of innovative financial services, and increasing interest from international investors. Aleksandre Khazaradze, Head of the National Bank of Georgia Financial Markets Department, also participated in the meeting.
National Bank of Georgia 2025-04-26
National Bank of Georgia discusses monetary policy outlook and cooperation with Federal Reserve Bank of New York
The National Bank of Georgia's Governor Natia Turnava met with a Federal Reserve Bank of New York delegation to discuss macroeconomic outlooks, monetary policy, and institutional cooperation. The meeting, held during the IMF and World Bank Spring Meetings, emphasized Georgia's low inflation and financial sector resilience. Both parties expressed interest in strengthening bilateral engagement.