A planned technical mission from the International Monetary Fund (IMF) to the National Bank of Georgia has been postponed, IMF Resident Representative Andrew Jewell confirmed in an interview with BMG. The delay is attributed to Natia Turnava, President of the NBG, traveling to China. A new date for the mission has not yet been announced.
“The National Bank of Georgia requested this technical assistance mission to assess progress on reforms and determine what additional measures might be necessary,” Jewell explained. “The mission was scheduled for this week but has been postponed due to President Turnava’s trip. While a new date has not been set, the purpose remains to evaluate the progress achieved and recommend further reforms.”
Among the key topics the mission is expected to address is the governance system of the National Bank. Jewell noted that the IMF has previously advocated for a shift from the current presidential model to a more collegial governance structure, where decisions are made collectively by the National Bank’s Board.
