The National Bank of Georgia publishes the "Monetary Policy Report, November 2020".

The National Bank of Georgia publishes the "Monetary Policy Report, November 2020".

03 February, 2021

The National Bank of Georgia publishes the "Monetary Policy Report, November 2020". 

"Monetary Policy Report" is the main instrument for communicating monetary policy and is published quarterly. Report contains inflation forecast, forecasted path of the future policy rate and it also gives detailed description of factors influencing the monetary policy decisions. 

It should be noted that from 2021 the National Bank of Georgia starts the publications of the Monetary Policy Report with revised schedule. Particularly, the Reports will be available already on the same day as the Monetary Policy Committee meeting is held. The purpose of the change is to provide an in-depth explanation of a given monetary policy change on the same day the decision has been made.

Report is available on the official website of the National Bank of Georgia, under the section of "Research and Publications" - https://www.nbg.gov.ge/index.php?m=349&lng=eng


Text of the short explanatory video  of the Governor of the National Bank of Georgia is enclosed to the report.