Geostat updated its preliminary estimate of real GDP growth for the first and second quarters of 2017. The Q1 and Q2 GDP growth estimates were revised upward by 5.3% and 4.9%, respectively (0.2% higher than initial estimates). The third quarter estimates remained unchanged so far.

On December 14, 2017, the second phase of ReforMeter started with an evaluation of Georgia’s agricultural development.

Over the past months, we have been asked several times questions about the upcoming pension reform. Here are some answers.

In October 2017, Georgian power plants generated 828 mln. KWh of electricity, marginally up (+0.79%) compared to September. Following the traditional seasonal pattern, the share of electricity produced by renewable sources declined to 71% of total generation (87% in September), while thermal power generation’s share increased, accounting for 29% of total generation (compared to 13% in September).

The second presentation of the Policy Seminar Series took place on December 6, 2017. This time, Davit Hovhannisyan and Anahit Sargsyan – under the supervision of Karine Torosyan, a member of the resident faculty of ISET – led the presentation with a paper entitled “Labor Migration from Armenia and Georgia: Why Russia?”.