The National Bank of Georgia is hosting a working meeting organized by the International Monetary Fund's Caucasus, Central Asia, and Mongolia Regional Capacity Development Center (CCAMTAC).
Representatives of the national banks of Uzbekistan and Kazakhstan participate in the meeting, which covers monetary policy issues. It should be noted that at the request of the International Monetary Fund, the representatives of the Financial Markets and Macroeconomics and Statistics Departments of the National Bank of Georgia are eagerly sharing their experience with their Kazakh and Uzbek colleagues.
This is another occasion within the framework of the IMF project, that the National Bank of Georgia is not only a beneficiary of technical assistance, but is pleased to also provide such assistance itself.
Natia Turnava, Acting Governor of the National Bank of Georgia, took part in the working meeting, noting that cooperation with the International Monetary Fund in any format is very important for the Bank, and that the workshops organized by CCAMTAC are another indication of the long-term partnership between the NBG and the IMF.
"We are glad that the National Bank of Georgia is not only a beneficiary of technical assistance as part of the IMF project, but also provides such assistance to other countries. The NBG is ready and willing to be involved in the IMF technical assistance workshops in the future. Importantly, central banks of Kazakhstan and Uzbekistan are also participating in these meetings, and I hope that the knowledge and experience shared with each other will prove to be a considerable help in our monetary policy," noted Natia Turnava.
The meeting was attended by Andrew Jewell, the IMF resident representative to Georgia.
The Caucasus, Central Asia, and Mongolia Regional Capacity Development Center (CCAMTAC) is a collaborative venture between the IMF, nine member countries (Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyz Republic, Mongolia, Tajikistan, Turkmenistan, and Uzbekistan), and development partners. The Center was opened virtually on February 1, 2021 ahead of its physical launch in Almaty, Kazakhstan. The Center serves a diverse and dynamic region of 80 million people and is a major step in deepening the Fund’s engagement to support stronger policy frameworks and institutions in the region, to find new and inclusive growth drivers, and to boost the region’s economic potential.
