
The COVID-19 pandemic and consequent stringent lockdown measures have had a drastic toll on the Georgian economy. The economic downturn has significantly affected the resilience of local Small and Medium Enterprises (SMEs), whose sales decreased by almost 13% (YoY) in the first two quarters of 2020. These negative impacts of the economic contraction have been particularly severe for Women-led Small and Medium Enterprises (WSMEs).

Regulatory Impact Assessment (RIA) is a core tool for regulatory quality. It is a systemic approach to structurally define policy issues and critically assess the likely positive and negative effects of the regulatory and non-regulatory alternatives proposed to address them.

Starting from October 26, the ISET Policy Institute team, in cooperation with the USAID Economic Governance Program, started an online training course in Regulatory Impact Assessment (RIA) for public servants. The aim of the training is to provide participants from the selected institutions a clear understanding of the purpose of RIA, its structure and implementation, and how it works within the context of Georgian. The course will also develop and strengthen the participants’ technical skills that are necessary to conduct standard RIAs in accordance with the RIA methodology approved by the Government of Georgia in January 2020. The training is organized around specific RIA steps, included practical group activities every week, and will last for a total of seven weeks.

The Law of Georgia on Energy and Water Supply, adopted in December 2019, envisages certain general provisions concerning vulnerable customers. The Law states that the Georgian government and local government bodies, in consultation with other interested parties, shall develop special programs/measures/benefits to ensure the supply of electricity and natural gas for vulnerable customers.

On September 11, ISET Policy Institute's Agriculture and Rural Policy Research Center (APRC) presented the main results of the Regulatory Impact Assessment (RIA) on the High Mountainous Region Designation of Energy Development and Access to the project's stakeholders.