29
October
2018
Growth projections for the 3rd and 4th quarters of 2018 were revised downward by less than 0.1 percentage points. They now stand at 7.2% and 6.4% respectively. Recently, Geostat published its preliminary estimate of real GDP growth for August, which now stands at 2%. As a result, the real GDP growth estimate for the first eight months of 2018 was reduced to 4.8%.
22
October
2018
“With the Fourth Industrial Revolution (4IR), humanity has entered a new phase. The 4IR has become the lived reality for millions of people around the world, and is creating new opportunities for business, government and individuals” – Klaus Schwab, Founder, and Executive Chairman, World Economic Forum.
15
October
2018
This article continues the theme of ISET Economist blog “Decriminalize Marijuana?” written by my colleague Saba Devdariani in June 2015, where he described the philosophical aspects related to marijuana state regulations and medical consequences of its consumption.
09
October
2018
On October 2, 2018, Georgian Water and Power (GWP) opened a new hydropower dam in Bodorna (Dusheti region). The construction of the new dam started in December 2017, with the support of the Entrepreneurial Development Bank (FMO) and the German Investment and Development Bank (DEG), for a total investment of 10 million GEL.
04
October
2018
On October 4, 2018, the ISET’s Salome Gelashvili and Pati Mamardashvili gave a presentation during an inception workshop, “Regulatory Impact Assessment (RIA) of the Draft Law on Windbreaks”. This RIA was commissioned to the APRC team by REC Caucasus and implemented with financial support from the IFAD in the framework of the AMMAR project.
