The Office of Foreign Assets Control (OFAC) of the U.S. Department of the Treasury recently imposed sanctions on Bidzina Ivanishvili, the billionaire widely regarded as Georgia's de facto ruler and the honorary chair of the Georgian Dream party. These measures, which include asset freezes and travel bans, aim to address democratic backsliding in Georgia and Ivanishvili's personal role in the country's perceived drift toward Russian influence.

The USAID Economic Governance Program hosted a quarterly coordination meeting focused on Water Resource Management (WRM) reform on November 6th. The event brought together key stakeholders and USAID partners in economic growth and democratic governance to discuss progress and future initiatives.

The potential outcomes of the 2024 U.S. presidential election are poised to significantly impact Georgia’s economy through various channels. Beyond broader global and regional impacts of US foreign policy course, there are more specific economic aspects including trade, immigration, Foreign Direct Investment (FDI), and exchange rates. Kamala Harris and Donald Trump advocate distinctly different foreign and domestic policies that could shape these factors, ultimately influencing Georgia’s economic trajectory.

The US Department of Treasury through its Office of Foreign Assets Control (OFAC), has imposed sanctions on two Georgian government officials and two private citizens for their roles in suppressing fundamental freedoms, including freedom of expression and peaceful assembly. According to the U.S. Treasury, these individuals were involved in violent crackdowns on protestors related to Georgia’s controversial "foreign influence law," passed in May 2024.

On May 1 ReforMeter and the USAID Economic Governance Program hosted a public-private dialogue to discuss the progress of tourism reform with local stakeholders in Ambrolauri, Racha, Georgia.