Government of Georgia – Appearance 2014

Working meeting on the currency of GEL Print Version

2014-12-05

Georgian Government is in full coordination with the national bank and regularly holds working meetings for enforcement of correct and effective policy regarding the rate of GEL.

Particular measures were discussed at the meeting that the Prime Minister Irakli Garibashvili held with the members of economic team and the management of national bank.

At the working meeting it was noted that the chaos created in the public regarding the change of the currency negatively influences on the process, that's why the head of the Government encouraged media and political parties to refrain from making the situation more intense artificially.

At the meeting it was emphasized that the current float of the rate of GEL is in the parameters of floating characterized for stable currency. According to the economic team, on the world financial market the rate of dollar is stable to all the key currencies that in its turn is reflected on GEL/USD rate. The Georgian Government conducts consistent policy, accordingly financial stability and the rate national bank will hold a conference of the rate of national currency and fully inform the society.


Prime Minister's Press Service