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The National Bank will continue gradual normalization of monetary policy

by mariam.mtivlishvili
July 31, 2024
in Business & Economy, Magazine
Reading Time: 1 min read
Natia Turnava participates in the International Association of Deposit Insurance conference

Source of image: National Bank of Georgia

The National Bank of Georgia has published another monetary policy report. The report provides a detailed description of the inflation, economic growth and monetary policy rate forecasts on which monetary policy decisions are based.

According to the updated forecast of the National Bank, on other equal conditions, inflation will remain at a low level in the short term and will approach the target rate towards the end of the year. Also, the National Bank will continue to normalize the monetary policy at a slow pace.

 

By  Mariam Mtivlishvili

Tags: the updated forecast of the National Bank
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