The Georgian Business Confidence Index (BCI) continues to improve. Unlike last quarter, the second-quarter increase in the index was mostly driven by a significant improvement in performance rather than in business expectations, which kept rising albeit at a marginal pace.
On June 15, 2016, ISET held a press conference to discuss recent economic indicators of Georgia. In the second quarter of 2016, the two most important economic barometers of consumer and business sentiment in Georgia – the Business Confidence Index (BCI) and the Consumer Confidence Index (CCI) continued to steadily improve.
On June 10, in cooperation with G4G USAID, ISET Policy Institute completed a 3-day workshop on Competition Policy. Eleven participants from the State Competition Agency, the Taxpayers Union (TPU), Georgian Lawyers for Independent Professions (GLIP), and ISET all attended the event.
ISET PI became a member of the Georgian Alliance on Agricultural and Rural Development (GAARD) on June 9th. The GAARD was established in 2014 and includes people from the Ministry of Agriculture, academic institutions, non-governmental organizations, and independent experts.
When half a year ago, I predicted in my article “Georgia Exporting Crime” that the visa liberalization would be stalled at the last moment, I was called a grumbler and alarmist. Unfortunately, usually, the pessimists get it right.