US Ambassador highlights “effective, professional, independent” work of National Bank of Georgia President
In her remarks at an event summarising the work of Gvenetadze, Degnan noted his “experience, professionalism, and dedication” in ensuring the Bank functioned “independently of political or other influence”. Photo: US Embassy in Tbilisi
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The United States Ambassador to Georgia Kelly Degnan on Monday highlighted the work of Koba Gvenetadze, the President of the National Bank of Georgia, by saying the country “should be very proud to have had a National Bank Governor of Koba’s quality”.
In her remarks at an event summarising the work of Gvenetadze, Degnan noted his “experience, professionalism, and dedication” in ensuring the Bank functioned “independently of political or other influence”.
We are very proud of the work that the United States has been able to do in support of Governor Gvenetadze’s work over seven years, supporting his efforts to ensure that the central bank functions independently, making courageous decisions, difficult decisions in the best interests of Georgia’s economic stability and growth”, Degnan said.
The diplomat also stressed statistics made “very clear” Gvenetadze’s “effective, professional, independent” work over the years.
The impact of his time as Governor will be felt. We see it in the economic stability and economic growth of Georgia. We see it in so many long-lasting decisions and initiatives that he introduced in accordance with best international practices”, she concluded.
Georgian Prime Minister Irakli Garibashvili on Monday highlighted his Government’s steps for “ensuring peace, stability and high economic growth in the country” on the backdrop of challenges caused by the Covid-19 pandemic and the war in Ukraine.
The Georgian Ministry of Finance on Monday said the claim in an NBC News report on the Georgian territory being used by Russia to circumvent international sanctions for its invasion of Ukraine was an “utter lie and disinformation against the country”.
Moving closer to the European Union brings greater prosperity and security for Georgia, for that reason Georgian people have been working towards the European future and European family, which the country has always been a part of, the United States Ambassador to Georgia Kelly Degnan said on Thursday.
Kelly Degnan, the United States Ambassador to Georgia, on Thursday said the Georgian Government had complied with financial sanctions imposed by the international community on Russia following the latter’s invasion of Ukraine “from the very beginning”.
Georgian Prime Minister Irakli Garibashvili on Monday said the Government had ensured a double-digit economic growth in 2021, in contrast to forecasts by “quite competent people” that said the country was headed for a “default” that year.