The "Inclusive Access to Markets" (IA2M) project aims to enhance the competitiveness of Georgian SMEs in EU and European markets. Under this initiative, UNDP commissioned the ISET Policy Institute to conduct a study to identify sectors with high growth and export potential. The objective of the study is to analyze existing research materials and data to identify at least six promising sectors or subsectors.
The assessment of the progress in capital market development reform is based on the implementation of the initiatives outlined in the 2023-2028 strategy for capital market development. The objective of this strategy is to enhance access to finance through capital market instruments and to stimulate and mobilize capital for the Georgian market. The strategic vision aims for Georgia to position itself as the leading capital market in the region by 2028.
The Law of Georgia on Water Resource Management (the Law), passed by the Parliament in its third reading on June 30, 2023, outlines the principles of basin management according to which the country will be divided into seven river basins, and corresponding basin management plans will be created.
On January 31, ReforMeter and the USAID Economic Governance Program hosted a second public-private dialogue dedicated to assessing the progress of the water resource management reform. The reform assessment includes an overview of the activities outlined and executed under the new law "On Water Resources Management" that was adopted by the Parliament of Georgia on June 30, 2023.
Geostat has released its rapid estimate of real GDP growth for November 2023. The estimated growth stands at 5.9%, while the average real GDP growth for January-November 2023 reached 6.9%.