In the past year or so Georgia has experienced significant declines in economic governance. In addition to the anti-democratic Law on Transparency of Foreign Influence (known as the Agents Law), several laws and legal amendments initiated by the ruling party and the Parliamentary majority have drawn significant attention from stakeholders, experts, and the general public.

The ISET Policy Institute has been closely monitoring and assessing the progress of pension reform for years. Respectively, we have reviewed the proposed changes and identified substantial risks for the effective organizational structure of the pension fund and the welfare of over 1.5 million participating citizens.

Under the Georgian Constitution, the country's strategic objective is to join the European Union. The vast majority of citizens agree with and support this objective. The European future is not only the country's historical strategic choice but also the hope for the prosperity and well-being of the country's population and the promise of a better future for future generations.

On 28 March, Director of the Pension Agency, Giorgi Danelia, and their Chief Investment Officer, Giorgi Melikidze, visited ISET and held a seminar for students and ISET Policy Institute representatives entitled: "Save for yourself, save for the future! - Money Week".

Dr. Tamila Nutsubidze, a consultant at the Healthcare and Social Issues Committee and the Budget and Finance Committee of the Parliament of Georgia, visited ISET to talk about the challenges of the non-contributory pension system in Georgia.