Natia Turnava took part in the panel "New Tasks, New Tools" held at the "Euroman" Central and Eastern Europe 2024 Forum

Acting President of the National Bank of Georgia Natia Turnava took part in the panel "New Tasks, New Tools" held at the Central and Eastern Europe 2024 Forum of Euromoney. The National Bank publishes information about this.

According to their reports, Natia Turnava spoke about the role of central banks in maintaining price stability and noted that better results can be achieved by focusing on the main goals of price stability. She also focused on ways to address structural challenges.

In her speech at the panel, the Acting President of the NBG spoke about the possibilities and structural weaknesses of the successful implementation of the monetary policy. According to Turnava, the highly integrated use of central banks' policy tools may contribute to reducing costs related to inflation stabilization.

"The use of macroprudential tools and the preventive accumulation of foreign exchange reserves in developing markets can effectively reduce the costs related to inflation stabilization. Such is the experience of Georgia, where the annual inflation rate was 0.4% in December 2023", Natia Turnava noted.

According to the information of the National Bank, the panel "New Tasks, New Tools" held at the Central and Eastern Europe 2024 Forum of Euromoney also participated the President of the National Bank of the Republic of North Macedonia Anita Angelovska-Bejoska, the Deputy President of the State Bank of Poland Marta Keitli, the President of the Bank of Albania Gent Seiko and Gedeminas Shimkus, Chairman of the Board of the Central Bank of Lithuania.

Acting President of the National Bank Natia Turnava held meetings with international investors within the framework of the annual Euromoney forum.

Representatives of financial markets, investors, central bank managers and politicians from more than 45 countries participated in the two-day forum of Central and Eastern Europe.