728x90
Home / Tag Archives: koba gvenetadze

Tag Archives: koba gvenetadze

NBG: Current Account Deficit Falls to Historical Bottom

“The current account deficit has seen one of the historical bottoms”, National Bank President Koba Gvenetadze noted. The current account deficit has dropped to 2.9% and this is a serious progress, he said. “For appraising the 2017 performance, economic experts need indicators of 3 other months. However, we can talk …

Read More »

2018 – Year of Financial Education

lari

In 2018 Government of Georgia expects that the reforms will justify, while business sector and consumers expect their revenues to grow. At the same time, all social groups want that an inflow of investments rise in the country. The banking sector represents a cornerstone for everybody, because both corporate and …

Read More »

NBG President Refuses Larization Signifies GEL Exchange Rate Stabilization

koba-gvenetadze

Larization program is not to stabilize GEL exchange rate, National Bank President Koba Gvenetadze noted at the parliament’s finance and budget committee meeting. “Government has carried out the social program of Larization with the technical support of NBG. Expediency of the social program may be always disputable”, Koba Gvenetadze said. …

Read More »

IMF COUNTRY FOCUS – Georgia Growing

IMF COUNTRY FOCUS – Georgia Growing

Georgia is in the focus of the International Monetary Fund (IMF). The Vice Prime Minister of Georgia and the President of the National Bank of Georgia (NBG) are responding to the IMF questions on the current situation and perspectives in the country. The interview was held during the annual meeting …

Read More »

NBG to Determine New Rate of Monetary Policy

NBG to Determine New Rate of Monetary Policy

The next meeting of the Monetary Policy Committee of the National Bank of Georgia will be held on October 26 in Tbilisi. According to the NBG, Koba Gvenetadze, President of National Bank of Georgia will hold a press conference after the finish of Monetary Policy Committee. He will inform the …

Read More »

Dimitri Kumsishvili and Koba Gvenetadze met with Managing Director of the IMF

Dimitri Kumsishvili and Koba Gvenetadze met with Managing Director of the IMF

The First Deputy Prime Minister of Georgia and Koba Gvenetadze, President of the National Bank of Georgia have discussed current cooperation program and its progress with Tao Zhang, Deputy Managing Director of the International Monetary Fund. The meeting was also attended by Mercedes-Vera Martin, head of International Monetary Fund’s mission. According to the Ministry of Finance, …

Read More »

Gvenetadze: We Expect 4.5% Growth This Year

Gvenetadze: We Expect 4.5% Growth This Year

National Bank of Georgia (NBG) does not hurry to review the growth projection, but predicts that the growth will exceed supposed rate (4%). President of the NBG says that macroeconomic indicators are being constantly analyzed, based on which the economy growth might exceed 4.5% late this year. It should be …

Read More »