The average cost of cooking one standard Imeretian khachapuri in September 2018 was 3.56 GEL, which was 3.7% higher month-on-month (m/m, as compared to the previous month), and 2.1% lower year-on-year (y/y, as compared to the same month last year). However, khachapuri became cheaper for those earning in foreign currency as a result of the y/y depreciation of the lari relative to both the USD and EUR in September 2018.

On October 19, second-year BA student Nikoloz Sepiashvili gave a presentation about the first Ministry of Finance of Georgia. Out of many academically strong students, he was chosen as a researcher by the National Archives of Georgia.

Georgia committed to harmonizing its electricity market legislation with EU Third Energy Package and liberalizing it according to the accession protocol with the Energy Community. These structural changes are expected to contribute to the more efficient functioning of the Georgian electricity market and to support its development.

On October 18, in collaboration with the National Bank of Georgia and the Administration of the Georgian President, the ISET Policy Institute hosted a presentation about the effectiveness of the “School-Bank” project, which continued with a round table discussion about financial literacy in Georgia.

October 15-17 2018, Salome Gelashvili and Pati Mamardashvili from the APRC traveled to Switzerland to participate in a kick-off meeting of the collaboration between APRC and the School of Agricultural, Forest, and Food Sciences (HAFL) at the Bern University of Applied Science.