About two months ago, the Georgian government announced the introduction of restrictions on wheat imports and their transit by road transport. However, this idea was soon abandoned in the wake of a concerted backlash from a number of stakeholders (including small-scale wheat importers, truck drivers, and flour-milling plants that use road-imported wheat).
Taking care of the environment around us is our collective and individual responsibility. On October 20, a large clean-up event was held in Mtskheta initiated by the International School of Economics (ISET). ISET academic staff and students actively participated in the event. The location was chosen for its touristic importance, as Mtskheta is a place that attracts many visitors every year.
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.