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Tag Archives: George Kadagidze

NBG President: This YearBudget Spending was more Equal than Ever

National Bank Expects the Exchange Rate to Stabilize in the Near Future

Unlike 2013-14, the budget spending was more equal in this fiscal year than ever, – President of the National Bank of Georgia (NBG) George Kadagidze said when he was asked whether the budget had a negative impact on the lari  exchange rate. “This year, the budget spending was  equal as …

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National Bank: Commercial Banks don’t Own Non-core Assets

Giorgi Kadagidze

President of the National Bank of Georgia (NBG) George Kadagidze cannot agree with the opinion that commercial banks still hold non-core assets, after the law banning  such ownership was passed. “These cases were not frequent  before  the adoption of the law but now a process of separation of non-core assets …

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At this Stage, the Crisis is Overcome, Lari Reached Highest Peak, PM Says

Irresponsible statements should not be made in relation to the national currency, PM Irakli Garibashvili told reporters at the government administration where he held a working meeting with the National Bank President George Kadagidze. The PM called on everyone to be responsible when referring to the national currency. According to …

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