Lari rate, inflation, and banking supervision - The President of the National Bank will have to answer questions on these issues today.
Koba Gvenetadze will present the annual report at the Finance and Budget Committee in the Parliament. According to the members of the parliamentary majority, both the opposition and the parliamentary majority will have questions with the leadership of the National Bank.
"It will be a consideration in all directions, including the National Bank, with its mandate. These are issues related to inflation, issues related to banking supervision. I think that MPs will have questions, including on the devaluation of the Lari rate, the target inflation rate, banking supervision, and various other directions. I think that the questions will come both from the opposition as well as the majority and we are waiting for adequate answers from the National Bank of Georgia, "said Irakli Kovzanadze, chairman of the Parliamentary Finance and Budget Committee.
The opposition is talking about the wrong management of the National Bank. According to UNM, the agency has made many mistakes under the leadership of Koba Gvenetadze.
"People and businesses do not have the feeling of stability, GEL is unstable, the expectation of price increases always prevents businesses from planning their future activities. The National Bank has failed to fulfill its obligations and has made many mistakes. The government has always resisted the government and its mistakes, including in the budgetary sphere, when the huge amount of money was spent by the end of the year and this would have led to the impairment of the Lari, "said Roman Gotsiridze.