Archil Imnaishvili
Advisor
Macroeconomic Framework
Mr. Archil Imnaishvili Joined AFRITAC East in August 2024. He has more than 15 years of experience of working in the central bank. Being the head of the Macroeconomics and Statistics Department at the National Bank of Georgia Mr. Archil Imnaishvili was a major contributor to the transformative change of the policy from monetary targeting with heavy exchange rate control to inflation targeting with flexible exchange rate regime. As part of this shift, he had very active role in the introduction of policy interest rate instrument, in the move from volume-based to price-based monetary operations, and the revamp of FX intervention mechanism; in the development of analytical and modelling capacity in the bank and the introduction of the FPAS as the framework for the decision-making process; in the reform of monetary policy communication in the bank that ensured greater transparency and predictability of monetary policy. Mr. Archil Imnaishvili has experience of delivering technical assistance and peer-to-peer learning activities to central bank staff of other countries. Mr. Archil Imnaishvili holds a master’s degree in economics from the Central European University.