Natia Turnava, the Acting Governor of the National Bank of Georgia, on Tuesday said Slovakia’s National Bank would support her office, as the central bank of a European Union membership candidate country, to approximate itself to requirements of the bloc.
The statement came after Turnava’s meeting with Peter Kažimír, the Governor of the National Bank of Slovakia, and said the officials discussed Georgia’s “stable” macroeconomic environment and a structural reforms implemented by the NBG.
The governors also reviewed policies pursued by the Georgian central bank to ensure price and financial stability, emphasising the below-target inflation rate and high-quality assets.
Slovakia’s central bank possesses a wealth of experience in wielding macroprudential measures – tools increasingly favoured by various central banks to combat inflation”, Turnava said.
On his turn, Kažimír emphasised similarities between the two countries and, as member of the EU, pledged support to the NBG in macroprudential policy, artificial intelligence, cybersecurity, financial stability and more.
We discussed the possibilities of further cooperation, particularly concerning technical assistance. Issues like macroprudential policy, financial stability, artificial intelligence, and cybersecurity are quite complex, and sharing our experience is crucial. We are ready for future cooperation with the National Bank of Georgia”, he said.
While in Georgia, Kažimír also met the Georgian ministers of Finance and Economy.
