19
July
2018
Between July 17 and 18, Maka Chitanava, the Deputy Head of the EEPRC, attended the 3rd Central Asian Regional Economic Cooperation (CAREC) Think Tanks Development Forum in Bishkek, Kyrgyzstan. Representatives from university think tanks, governments, and business circles came from every CAREC member country.
18
June
2018
According to Geostat’s rapid estimates of GDP growth, Georgia’s economy continues expanding at a moderately high pace, reaching 5.2% in the first quarter of 2018. GDP growth was mainly driven by an enhanced external environment, improved business confidence, credit expansion, and fiscal stimulus. Geostat’s Q1 growth figure is higher than the National Bank of Georgia’s (NBG) 4.8% projection for annual growth in 2018 but falls behind ISET PI’s annual GDP growth forecast of 5.7%.
15
June
2018
Gigla Mikautadze, the project manager of ReforMeter, was invited to a business forum dubbed “Bond Market in Georgia” organized by TBC Capital on June 15, 2018. One of the major highlights of the forum was a research paper entitled “Bond Market in Georgia”, which concerned the trends and challenges that TBC Capital presented to the forum attendees.
15
June
2018
On June 15, 2018, the Farmers’ Congress took place at hotel Betsy’s in Tbilisi. The congress discussed the opportunities and challenges of the EU-Georgia Deep and Comprehensive Free Trade Area (DCFTA), focusing on small and medium-size farmers and agricultural cooperatives.
22
May
2018
March 2018 extends a long period of “business-as-usual” for Georgian consumers. The overall CCI improved by only 1.6 index points (from -19.1 to -17.5), remaining within the narrow band of [-21, -16] in which it has hovered since July 2017. All the improvement in March is due to the 5.3 index points increase in the Present Situation Index (up from -27.4 to -22.2). Expectations have actually declined by 2 index points (down from -10.8 to -12.8).
