The National Bank of Georgia (NBG) reported that Governor Natia Turnava met an International Monetary Fund (IMF) mission led by Alejandro Hajdenberg, using the session to present the current stance of monetary policy and recent macroeconomic and financial stability developments. Turnava reaffirmed the NBG’s commitment to its existing monetary policy framework, framing it as the basis for maintaining price stability. The IMF visit is being conducted under the Article IV consultation process to review Georgia’s macroeconomic environment and its fiscal and monetary policies. The meeting also included NBG vice governors Ekaterine Mikabadze, Ekaterine Galdava and Nino Jeladze, the IMF’s resident representative in Georgia Andrew Jewell, and NBG department heads. The mission is scheduled to hold technical meetings with NBG teams covering macroeconomics and statistics, financial stability, financial markets, specialised risks and other areas, before concluding with a wrap-up meeting with the Governor and representatives of Georgia’s economic ministries.
National Bank of Georgia 2025-05-21
National Bank of Georgia briefs IMF Article IV mission and reiterates commitment to current monetary policy framework
The National Bank of Georgia (NBG) hosted an International Monetary Fund (IMF) mission led by Alejandro Hajdenberg as part of the Article IV consultation process. Governor Natia Turnava presented the NBG's monetary policy stance and recent macroeconomic developments, reaffirming the commitment to price stability. The mission will conduct technical meetings with NBG teams on various financial topics before concluding with a wrap-up session.