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.