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February 2022 | Higher food and fuel prices on the global market drive inflation and dampen growth forecasts for Georgia
14 February 2022

Geostat has published its rapid estimate of real GDP growth for the fourth quarter of 2021, and their estimated growth stands at 9.5%, which is 1.4 percentage points below the ISET-PI’s most recent forecast. The annual real GDP growth in 2021 amounted to 10.6%, which is 0.2 percentage points lower than our recent prediction.

January 2022 | The khachapuri index increases by 24%
07 February 2022

The new year started with a historic high for the Khachapuri Index. The Index continued its upward trend, reaching an average cost of 5.77 GEL in January 2022. This is 1.8% higher than December 2021 (MoM) and 23.7% higher compared to January 2021 (YoY). The highest price increase was observed for eggs (47%) and flour (31%).

December 2021 | New year supra index – 2021 edition!
27 December 2021

We’re keeping to our traditions and have cooked up a New Year Supra Index for our readers once again this year. The Index identifies the average cost of a standard festive supra meal for a family of five to six people over every Georgian region.

ReforMeter hosts first Public-Private Dialogue on Insolvency Reform
22 December 2021

ISET Policy Institute hosted the first Public-Private Dialogue on Insolvency Reform under our “ReforMeter” project. The PPD was attended by various stakeholders engaged in or affected by the reform. Attendees included reform implementing agencies – the Ministry of Justice (MoJ), the Training Center of Justice (TCJ), the National Bureau of Enforcement (NBE), the Business Rehabilitation and Insolvency Practitioners Association (BRIPA) – as well as representatives from other donor organization, business associations, and consulting groups.

ISET Director sits on the RECONOMY program Advisory Board for Western Balkan and Eastern Partnership countries
10 December 2021

RECONOMY is a 7-year program for the Western Balkans and Eastern Partnership that focuses on enabling women and young people, in particular, excluded and disadvantaged groups, to benefit from economic opportunities by inclusively and sustainably increasing their income and finding decent jobs. Its aims also include education & skills, policies & regulations, and business & financial services.

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