The International Monetary Fund (IMF) mission has commenced its work in Georgia within the framework of the Article IV consultations of the IMF's Articles of Agreement. Today, the mission members met with Natia Turnava, the Governor of the National Bank of Georgia (NBG).

The NBG Governor briefed the mission members, led by Alejandro Hajdenberg, on the country's macroeconomic situation, macroeconomic forecasts, and the current state of financial stability. Special attention was paid to global challenges, including the ongoing geopolitical situation in the Middle East. It was noted that Georgia faces these existing challenges against the backdrop of strong macroeconomic fundamentals. Furthermore, the scale, intensity, and duration of the spillover effects of these processes on the Georgian economy depend significantly on the further development of events.

The objective of the current IMF mission is to review the existing macroeconomic situation in Georgia, as well as the country's fiscal and monetary policies.

The meeting with the International Monetary Fund mission was also attended by the Vice Governors of the National Bank of Georgia, Ekaterine Mikabadze, Ekaterine Galdava, and Nino Jeladze, alongside Executive Director Beka Dochviri, the IMF Resident Representative in Georgia, Andrew Jewell, and the heads of various departments of the NBG.

Within the framework of the visit, the IMF mission is scheduled to hold working meetings with the Macroeconomics and Statistics, Financial Stability, Financial Markets, Specialized Risks, and other departments of the NBG.