ISET

On May 23, ISET-PI hosted the launch ceremony of ReforMeter, which was attended by representatives of Government institutions, NGOs and international organizations. Welcoming remarks were made by Shamennna K. Gall, the acting Deputy Economic Growth Offices of the US Embassy, and Bruno Balvanera, the EBRD Director for the Caucasus, Moldova and Belarus.

ReforMeter is an online platform which generates reform progress analysis for policy making and public dialogue, and builds trust between the government, the private sector and the general public. The project is implemented by the ISET Policy Institute and financed by USAID G4G.

On May 22, ISET hosted Francois Painchaud, the IMF Resident Representative in Georgia. Mr. Painchaud presented the 2017 May Regional Economic Outlook for the Caucasus and Central Asia, highlighting the three main areas of the global and regional environment, outlook and policy actions, and policy priorities.

At the beginning of the presentation, Mr. Painchaud overviewed the main trends in the global and regional environment. Firstly, the IMF predicts higher than expected real GDP growth in 2017, mainly at the expense of higher growth projections in the US, China, Russia, and emerging markets.

On May 19 2017, at the Radisson Blu Iveria hotel, the Agriculture Policy Research Center (APRC) of the ISET Policy Institute (ISET-PI) presented two reports regarding “The Georgian Tea Value Chain Study” and “The Georgian Trout Value Chain Study” value chain analyses.

The Tea Value Chain Study assesses a variety of challenges and opportunities facing the Georgian tea sector. Plantations are over¬grown and enterprises engaged in processing are undercapitalized. Furthermore, given the nature of global competition, it has been challenging for Georgian producers and processors to gain a foot¬hold on both the local and international markets. Georgia is currently a net importer of tea, which is surprising consider¬ing the sector’s rich history and potential. In this study, the authors assess a variety of challenges and opportunities facing the Georgian tea sector, and provided recommendations for the sector’s development.

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