Gakharia urges to ensure price stability in Georgia

Gakharia urges to ensure price stability in Georgia

Georgian Prime Minister Giorgi Gakharia has urged the National Bank of Georgia to actively use all instruments at its disposal to ensure price stability and inflation targeting.

Gakharia noted that fiscal policy and fiscal discipline are also important.

The PM has also urged Finance Minister Ivane Matchavariani to consider the possibility of decreasing the foreign currency lending threshold from 200,000 GEL ($67,168) to 100,000 GEL ($33,584.1).

"The biggest challenge and goal of our country in the coming years will be economic growth and the creation of new jobs," Agenda.ge cited Gakharia as saying.

In addition, Gakharia urged the Finance Minister to pay special attention to fiscal policy and the Revenue Service.

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