NBG President: Georgia one of rare examples, compared to more developed countries, with high economy and low inflation
President of the National Bank of Georgia (NBG) Natia Turnava participated in the session on “Trade, Investment, Sustainable Development in the Face of Global Challenges” held within the framework of the 2025 Conference of Ambassadors.
Natia Turrnava spoke about the NBG’s international cooperation and emphasized the engagement of Georgian ambassadors, extending gratitude to them for that.
The NBG President remarked that deepening cooperation between central banks and international financial institutions plays a key role in strengthening financial stability and attracting foreign investments. She noted that increased economic activity requires close cooperation between finance sectors and the introduction of new financial products.
During the discussion, Natia Turnava emphasized that the Georgian economy demonstrated high resilience in recent years amid global shocks and uncertainty, that is confirmed by long-term targeted low inflation, stability of prices and a healthy financial sector.
“When speaking about macroeconomic parameters, we should note that Georgia is one of the rare examples compared to much more developed countries, with a high economy and low inflation simultaneously. This is a unique combination. We have high growth and low inflation because productive sectors are developing,” she said.
The NBG President stated that control of inflation and the consistent implementation of monetary policy represent one of the main priorities for the NBG, that is reflected in the International Monetary Fund’s (IMF) positive assessments.
Natia Turnava also spoke about the importance of international reserves and noted that their volume is at a historical maximum, which increases the country’s resilience to economic shocks and further strengthens the investment environment.
“When we say that Georgia is resilient, the economy withstood shocks and will cope with potential shocks and demonstrates resilience in the face of global challenges, the country’s international reserves represent the key component. This is our buffer with which we respond to challenges,” she concluded.