The Investor Council (IC), coordinated by the EBRD, has been established in 2015 to provide a dialog platform between Georgia’s major business associations and government. Co-chaired by Georgia’s PM Giorgi Kvirikashvili and EBRD Director for the South Caucasus, Belarus, and Moldova, Bruno Balvanera, IC’s February 17 meeting focused on three key issues.
Ancient Greeks’ fascination with Georgia was not limited to the Golden Fleece. Legend has it that ‘Georgia’ comes from the Greek γεωργός (Georgios), reflecting the advanced land plowing practices of Georgian tribes, which distinguished them from their nomadic and yet unsettled neighbors. The Georgians (Colchians and Iberians, to be more precise) must have really made a formidable impression on the Argonauts to deserve such recognition.
With the New Year festivities finally behind us, ISET’s Khachapuri Index started on its seasonal downhill trajectory. In January, the Index slid 4.3% m/m, reaching 3.61 GEL per one standard portion of the Imeretian khachapuri. At the same time, it is some 6% higher y/y (compared to January 2015).
This Wednesday, February 10th, Aleksi Aleksishvili, CEO and Chairman of the Policy and Management Consulting Group (PMCG), awarded need-based scholarships to two first-year students – Kristine Bakradze and Tinatin Mumladze. As ISET is a premier graduate education and research institution in the South Caucasus, producing dozens of top-notch young economists every year, PMCG scholarship is a great investment not only in the human capital of Kristine and Tinatin but also in the future of Georgia and the South Caucasus generally.
On February 8, 2016, ISET hosted a workshop on Private Sector-led Agricultural Extension in Georgia. Organized by ISET in cooperation with the Ministry of Agriculture, this workshop brought together chief executives of selected Georgian agribusinesses as well as representatives of the donor community, the Ministry of Agriculture, and the Ministry of Education and Science to discuss the possibilities for Public-Private Partnerships (PPP) for developing effective agricultural extension services in the country.