The Governor of the National Bank of Georgia (NBG), Natia Turnava, and the Minister of Finance, Lasha Khutsishvili, held a concluding meeting with the International Monetary Fund (IMF) mission.

The discussion focused on monetary and fiscal policy developments, the current state of the Georgian economy, and medium-term economic outlooks.

The parties noted that Georgia’s economy continues to perform strongly, sustaining robust growth rates.

The IMF mission highlighted that the NBG has maintained an appropriately prudent monetary policy. In their assessment, inflation remaining above the target level is largely driven by transitory factors, while low core inflation points to the absence of fundamental inflationary pressures.

The IMF also gave a positive assessment of the dynamics of international reserves, emphasizing that reserve accumulation has been supported by strong inflows and increased larization.

In addition, the IMF noted that the financial sector continues to develop on a sound footing, with high levels of capitalization, profitability, and strong asset quality.

The meeting was attended by Vice Governors of the NBG Ekaterine Mikabadze, Ekaterine Galdava, and Nino Jeladze; Deputy Ministers of Finance Giorgi Kakauridze and Ekaterine Guntsadze; Deputy Minister of Economy and Sustainable Development Vakhtang Tsintsadze; as well as representatives of the NBG and the IMF mission.