16/01/2025
09:06
Economic
Natia Turnava, the Acting Governor of the National Bank of Georgia, presented insights into the central bank's measures to combat inflation and promote macroeconomic stability at the Invisso Central and Eastern European Forum in Austria.
Turnava underscored the importance of increasing the use of the domestic currency within the country's economy, describing it as a critical component in ensuring economic stability. She also emphasized the "coordinated efforts" of the National Bank, noting that these measures have contributed to inflation consistently remaining below the target rate for nearly two years.
During her visit to Vienna, Turnava is scheduled to meet with prominent investors from Central and Eastern Europe. The meeting, organized by Raiffeisen Bank, will include representatives from over 25 investment funds, such as Morgan Stanley Investment Management Limited, Fidelity Investments, and Allianz Invest.
In her presentation, Turnava is expected to discuss Georgia's "robust macroeconomic situation" and "favorable investment climate," while also highlighting policies that have strengthened the country's financial stability and reduced dollarization, according to the National Bank of Georgia.
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