Georgia, Tbilisi, Jan. 21 / Trend N. Kirtskhalia /
The Georgian National Bank is doing its best to neutralize the increase in prices and reducing inflation to a single figure, the president of the National Bank George Kadagidze told media.
He said that the current economic processes and the rise in prices were discussed at the meeting with experts. Kadagidze noted that the National Bank moved to a tough policy within six months. It will affect both interest rates and reserve demand.
George Kadagidze claims that the inflation in the country depends on external factors by almost 90 percent.