The Operational Research Institute held a Public-Private Dialogue (PPD) to present the findings of the Cost-Benefit Analysis of Foreign Exchange and Interest Rate Derivatives Market Development, which was conducted with the support of USAID Economic Governance Program.

During the meeting, representatives from the National Bank of Georgia, the Georgian Financial Markets Treasuries Association (GFMTA), USAID Economic Governance Program and USAID Financial Innovation Program, as well as representatives from commercial bank treasuries, financial institutions, and think-tanks discussed the costs and benefits of implementation of an IT solution for treasury management in Georgia.

The discussion highlighted the potential for increased market transparency and more efficient treasury management for banks, setting the stage for accelerated development in the foreign exchange and interest rate derivatives market. The model predicts a significant net benefit to the economy, totaling over 3.4 bln GEL over the analyzed ten-year period.