Based on January’s data, we expect annual growth in 2019 to be 4.4% in the worst-case or “no growth” scenario, and 5.5% in the best-case or “average long-term growth” scenario. Our “middle-of-the-road” scenario (based on average growth over the last four quarters) predicts 4.7% real GDP growth.

There is an ever-increasing need for pioneering methods to reduce, reuse and recycle the products and materials around us. Innovative companies can help lead the way towards a circular economy (aimed at minimizing waste and making the most of existing resources), and a few seem to hold the key to a more sustainable future.

Winter has always been a problem for the Georgian electricity system. Even though Georgia has plenty of hydropower, during this season several HPPs — seasonal and small — either stop or substantially reduce electricity generation. In this season, a significant share of hydropower generation comes from two large-scale state-owned pumped-storage HPPs: Enguri and Vardnili. However, exactly when the generation-consumption gap is the largest, most of the electricity produced is used to satisfy the consumption of the Abkhazia region, which on a yearly basis consumes as much electricity as Tbilisi, something we have mentioned in one of our previous articles.

A study of the Georgian tea sector’s competitiveness has been undertaken to reveal the potential for investment. The European Bank for Reconstruction and Development (EBRD) has been increasing its support for private sector development in Georgia which, alongside recent government reforms, is expected to improve the investment climate, giving further momentum to the EBRD's diversifying portfolio.

APRC is working on the project on Georgia’s Dairy Market System Analysis and Mapping. With funding from the U.S. Department of Agriculture, Land O'Lakes International Development is leading an innovative, demand-driven Food for Progress 2018, Safety and Quality Investment in Livestock (SQIL) project to improve food safety and quality along Georgia’s dairy and beef value chains