How was the upgraded design of the Lari banknotes created? Was a competition launched for Lari banknote design? Who participated in the above process?

Taking into consideration the specificity of banknote production activities and the factors accompanying printing process in particular, by the decision of the NBG Board, sketches for the upgraded design for Lari banknotes were prepared by NBG designers (who had participated in the process of development of the design for current banknotes), according to the legal act of the President of NBG, considering the main directions determined by the temporary committee, created for this particular purpose, and development and refining of the above design was implemented together with the designers and specialists of the security printing companies, selected by NBG as partners.