NBG Governor Natia Turnava Meets With Federal Reserve Bank of New York Delegation in Washington

As part of the International Monetary Fund and World Bank Spring Meetings, Governor of the National Bank of Georgia, Natia Turnava, held a high-level meeting with representatives of the Federal Reserve Bank of New York.

The discussion focused on the macroeconomic outlook, monetary policy developments, and prospects for deepening institutional cooperation.

Aleksandre Khazaradze, Head of the Financial Markets Department at the NBG, also took part in the meeting.

The sides discussed global and regional challenges, with particular attention given to Georgia’s strong macroeconomic fundamentals and the country’s ongoing commitment to price stability. Governor Turnava emphasized that Georgia’s low inflation environment is a result of the central bank’s consistent and credible monetary policy.

Governor Turnava also briefed the New York Fed delegation on the latest achievements in Georgia’s financial sector, including the resilience and soundness of the banking system, the expansion of innovative financial services, and growing interest from international investors.

Both parties acknowledged the importance of the long-standing relationship between the National Bank of Georgia and the Federal Reserve Bank of New York. Governor Turnava expressed appreciation for the continued engagement and support provided by the New York Fed, especially during periods of global uncertainty.

The New York Fed delegation reaffirmed their interest in strengthening bilateral cooperation and expressed willingness to explore opportunities for future engagement.