In January 2020, Georgian power plants generated 1,031 mln. kWh of electricity. This represents a 2% increase in total generation, compared to the previous year (in January 2019, the total generation was 1,011 mln. kWh). The increase in generation on a yearly basis comes from the increase of 37% in thermal and 36% in wind power generation, more than offsetting the decrease in hydro power generation (-22%).

ISET Policy InstituteI’s communication has been recognized as a critical element for its success and effectiveness and has been a major part of its activities. However, it has not been grounded in a specific communication strategy.

A nationally representative sample of around 350 Georgians, interviewed in early January 2020, reveals that the Consumer Confidence Index (CCI) remained nearly the same, deteriorating by 0.4 index points (from -20 in December to -20.4 in January). Yet, as we observed in December 2019, Georgian Consumer Confidence improved by 1.8 index points.

ISET’s BA Program in Economics is now accredited by the Chartered Institute of Management Accountants (CIMA) until 2025. The program is recognized by UK NARIC at the same level as a UK undergraduate degree. BA students undertaking CIMA courses will also be exempted from taking CIMA exams, thereby earning CIMA qualifications.

In the first quarter of 2020, BCI increased by 7.3 index points reaching 25.8. Business confidence improved across all sectors with the exception of the service industry. The largest growth was observed in agriculture, followed by the manufacturing industry. In both sectors, the increase in BCI was driven by improved past performance as well as more optimistic future expectations.