08
March
2017
On March 7-8, ISET’s ENPARD team with an M&E coordinator from CARE, took a field trip to Adjara, hosted by UNDP Adjara, which is one of the implementer of the ENPARD project (agricultural cooperative development across Georgia). UNDP Adjara recently became involved in the Annual Cooperative Survey, which has been carried out from the beginning of the implementation of the ENPARD project by other ENPARD implementer consortia (Care, Oxfam, Mercy Corps and PIN).
04
March
2017
The above quote seems to fit the state of affairs in the European Union fairly well, as the EU’s crisis is continuing, getting deeper, and engulfing more actors than when it started. To name a few well-known events and stats: Greece probably had the first meaningful kick-off in the chain of developments when it faced threats to stability in its own financial system at the end of 2009. At that time, an unreported estimated deficit jumped from 7% of GDP to the first 13%, and then stabilized at 15% as the "new normal."
01
March
2017
Economic reforms announced in the run-up to the parliamentary elections in October 2016 raised concerns about whether Georgia was departing from its path of prudent fiscal policy. A reform of the corporate profit tax and increased infrastructure investment were driving expectations of a 6% of GDP budget deficit in 2017, endangering Georgia’s macroeconomic stability and its reputation with investors.
28
February
2017
The Georgian Business Confidence Index (BCI) continues to decline, albeit at a slower pace. The first-quarter decrease in the Index was mostly driven by a significant decline in past performance.
25
February
2017
Beginning in July 2017, if an entrepreneur offers and/or advertises property and/or service for sale in the territory of Georgia, the price of the property/service shall be expressed solely in GEL. According to the bill, failure to abide by the new law when denominating the price will lead to a warning, while a repeated offense will lead to a penalty of 1000 GEL. Each subsequent offense will be subject to a penalty of 5000 GEL.
