Koba Gvenetadze met with  Kelly Degnan
Koba Gvenetadze met with Kelly Degnan

The President of the National Bank of Georgia Koba Gvenetadze met with the Ambassador Extraordinary and Plenipotentiary of the United States of America to Georgia, Kelly Degnan. The meeting was held at the head office of the National Bank of Georgia.

The meeting focused on the partnership between the two countries and the possibilities of deepening this relationship. The President of the National Bank highlighted that the United States has always been and remains Georgia’s most important strategic partner.

The sides discussed current issues and ongoing projects in the financial sector. Koba Gvenetadze spoke about the measures taken by the National Bank in the fight against the pandemic, the steps taken to mitigate the negative impact of the pandemic on the financial sector.

The meeting focused on the program of the International Monetary Fund “ Extended Fund Facility ”, which helps to attract significant financial resources from donor organizations to Georgia.

At the meeting, Koba Gvenetadze emphasized the importance of the assistance provided by the US government.

Kelly Degnan expressed support to the President of the National Bank of Georgia in implementing the planned reforms in the banking sector.

“We discussed several issues, including current US-Georgia cooperation on economic development, economic growth, and governance. It is noteworthy that the President of the National Bank coped very well with managing the difficult situation in the country and ensuring the stability that the country and its economic needed so much”, – US  Ambassador said.

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