In December 2014 ISET-PI has been awarded a 5-year grant by the Swedish International Development Agency (Sida) providing the Institute with the opportunity to transform itself into the premier economic policy think-tank in the South Caucasus.

ISET Policy Institute uses innovating approach to provide an analytical foundation to assess the indirect economic benefits of continued donor investment in the EWH corridor. ISET Policy Institute was contracted by the World Bank to assess the indirect economic benefits of the East-West Highway.

Assessment of economic benefits of the road, water and sewage infrastructure rehabilitation performed in several Georgian cities in the framework of the World Bank Regional and Municipal Infrastructure Development Project (RMIDP + AF).

On February 18, the European Bank for Reconstruction and Development’s (EBRD) lead economist for Central Asia and Georgia, Agris Preimanis, delivered two presentations at ISET titled: 1) “Oil-driven Russia downturn adds to weakness in EBRD economies” and 2) “Innovation in Transition”.

The aim of the project was developing a medium-term debt management strategy (MTDS) and looking into institutional arrangements, debt monitoring and forecasting practices, analytical capacity in external and domestic borrowing, preliminary fiscal transparency evaluation, and improve communication with domestic stakeholders in cooperation with the Ministry of Finance's Public Debt and External Financing Department (PDEFD) and with other relevant stakeholders.