National Bank of Georgia President Natia Turnava says the country is well prepared to face potential economic shocks stemming from escalating tensions in the Middle East, citing historically high international reserves and strong macroeconomic fundamentals.
Speaking at the start of the IMF and World Bank Spring Meetings in Washington, Turnava said the gathering provides an important platform for presenting Georgia’s economic resilience and addressing global challenges. She noted that rising geopolitical tensions, including developments involving Iran, could affect the global economy and partially impact Georgia as well.
Turnava emphasized that Georgia enters this period with record-high international reserves, a strong fiscal position, and stable economic growth, which she said help cushion external risks. She added that these factors strengthen the country’s ability to respond to global volatility.
She also said the Georgian delegation will hold meetings with international investors during a joint “roadshow” with the Ministry of Finance, aiming to further increase confidence in the country’s economy. According to her, investor trust in Georgia is already high, and the goal is to strengthen it further.
