The National Bank of Georgia and the Minister of Finance held a concluding meeting with the International Monetary Fund mission, covering recent monetary and fiscal policy developments, the state of the Georgian economy, and the medium-term outlook. The IMF mission assessed the National Bank of Georgia’s monetary policy stance as appropriately prudent and viewed inflation being above target as largely driven by transitory factors, with low core inflation indicating no fundamental inflationary pressures. It also gave a positive assessment of international reserve dynamics, pointing to reserve accumulation supported by strong inflows and increased larization, and noted that the financial sector continues to develop on a sound footing, with high capitalization, profitability, and strong asset quality.
National Bank of Georgia 2025-12-16
National Bank of Georgia concludes IMF mission meeting with IMF endorsing prudent monetary policy and positive reserve dynamics
The National Bank of Georgia and the Minister of Finance concluded a meeting with the International Monetary Fund (IMF) mission, discussing monetary and fiscal policy, economic conditions, and outlook. The IMF assessed the monetary policy as prudent, attributing above-target inflation to transitory factors, and noted positive international reserve dynamics and a robust financial sector.