TBILISI, November 24 – Georgia’s National Bank expects inflation to settle back toward its long-term target next year after a temporary jump driven mostly by food prices, the bank’s president Natia Turnava told lawmakers on Monday. Turnava delivered the bank’s latest projections to Parliament’s Finance and Budget Committee during the presentation of its 2026–2028 monetary … Read more
TBILISI, November 6 – Georgia’s central bank is facing growing criticism from economists after admitting it can no longer keep inflation under control and raising its forecast for next year. The National Bank of Georgia (NBG) said Thursday it now expects prices to rise faster than previously projected, while keeping its key refinancing rate unchanged … Read more
TBILISI, September 30 – Georgia’s central bank president Natia Turnava has stepped into the global spotlight at Swift’s flagship Sibos conference, in a push to integrate more deeply with Western-led financial networks, seeming to counter criticism abroad that describes Georgia’s ruling party as drifting closer to Moscow. Since Russia’s 2022 invasion of Ukraine, Swift has … Read more
Activities such as exhibitions, trainings and conferences are expected to be allowed from July 6 on, but this does not apply to swimming pools and fitness centers, said Economy Minister Natia Turnava Tuesday after Interagency Coordinating Council meeting. “Of course, this will be done in accordance with certain rules. In fact, the Ministry of Health … Read more