Archil Talakvadze – I hope intervention of NBG will do it possible so that the exchange rate is not reflected on inflation
Archil Talakvadze – I hope intervention of NBG will do it possible so that the exchange rate is not reflected on inflation

We will certainly manage to overcome this difficult situation, – Speaker of the Parliament Archil Talakvadze said when commenting on the current GEL’s exchange rate.

He said everyone, both the authorities and the political opposition, bears the responsibility for this issue. “The economy of the country, the well-being of our citizens and the exchange rate – this is a topic that everyone should take responsibility for, first of all, the government. We as a government have a responsibility to manage these areas, these issues.

At the same time, of course, the political opposition also bears more responsibility when we finally saw that many actions, unfortunately, were used by our opponents, the hostile forces towards Georgia, against our country. Unfortunately, this has also inflicted damage on the economy, which has been reflected in the currency as well, though we have seen the interventions from the National Bank since it has an obligation to control the inflation process.

I hope that the interventions that have taken place, and what the National Bank has planned for the future, will do as much as possible so that this exchange rate is not reflected on inflation. As for economic directions, the state has very positive plans in this regard. We will certainly manage to overcome this difficult situation. No one can determine Georgia’s future from the outside,” Talakvadze said.

 

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