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.

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.

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.

Recently, Geostat released the preliminary estimate of real GDP growth for the second quarter (April-June) of 2018, which now stands at 6.0%. This is only 0.1 percentage points above the recent ISET-PI forecast. As a result, real GDP growth for the first seven months of 2018 reached 5.5%.

APRC conducted a Regulatory Impact Assessment (RIA) of the Draft Law on Windbreaks and provided recommendations on policy options for implementing proposed regulation in inclusive and sustainable way.