Changes to the "Monetary Policy" section of the NBG Official Website

Changes to the "Monetary Policy" section of the NBG Official Website

22 May, 2012

The National Bank of Georgia improved “Monetary Policy” section in its official Website. An updated version of “Monetary Policy” explains the main purpose of the NBG more distinctly. Inflation targeting regime and monetary policy instruments employed by the NBG to achieve the main objective - maintaining price stability - are defined clearly and completely.

Updated section on monetary policy delivers to the public valuable information about monetary policy implementation process. It makes more transparent steps taken by the National Bank of Georgia throughout the monetary policy designing.

Website renovation facilitates the process of forming right inflation expectations and helps to improve monetary policy transparency and accountability. All abovementioned, in turn, are inevitable for implementation of efficient monetary policy and well-functioning of the National Bank of Georgia.