The National Bank of Georgia published an update on Governor Natia Turnava’s meeting with representatives of the World Bank Treasury’s Reserve Advisory and Management Partnership (RAMP) Program, focused on reserve adequacy and the role of international reserves in protecting the financial system against crises. The Bank highlighted that RAMP support has helped it move from a basic buy-and-hold approach to more sophisticated active investment strategies in managing foreign exchange reserves. RAMP representatives indicated readiness to deepen cooperation through expertise sharing and technical assistance to support ongoing reforms. The National Bank of Georgia has participated in RAMP since 2009, and its partnership agreement was most recently renewed for a further three years in October 2024.
National Bank of Georgia 2025-04-27
National Bank of Georgia meets World Bank Treasury RAMP to deepen cooperation on foreign exchange reserve management
The National Bank of Georgia reported on Governor Natia Turnava’s meeting with the World Bank Treasury’s Reserve Advisory and Management Partnership (RAMP) Program, emphasizing enhanced reserve management strategies. RAMP expressed readiness to deepen cooperation through expertise sharing and technical assistance. The National Bank of Georgia has been part of RAMP since 2009, with the partnership renewed in October 2024 for three more years.