20
December
2015
Once again, Georgians across the country are preparing for the holiday season, making travel plans, crushing walnuts for gozinaki, and buying gifts for their friends and families. Gifts are an important part of celebrating the New Year and Christmas, signifying the importance of friendship and allowing us to treat our loved ones to something to start a brand new year in style.
19
December
2015
The New Year is approaching, and Georgian housewives are already preparing for this great event. So does the ISET-Policy Institute. The special dish we have cooked for our readers is a New Year Supra Index. Served on the Georgian Supra Map, the Index shows the cost (in GEL) of a standard supra meal for a family of 5-6 persons in each one of Georgia’s regions.
18
December
2015
Georgia has considerable deposits of metal (for instance, manganese, copper, and gold) and non-metal resources, however, our current regulations do not encourage investment while at the same time failing to generate significant fiscal revenues.
16
December
2015
Although the mining sector of Georgia only accounts for a small share of GDP, around one quarter of Georgia’s total exports are related to mining activities. Increased use of Georgia’s natural resources thus has the potential to benefit the economic development of the country as well as to contribute to public finances.
16
December
2015
According to the most recent statistics, the Georgian economy is showing signs of stabilization in the last quarter of 2015. Economic growth increased to 3% year on year in October – about the same as the estimated average real GDP growth rate (2.8%) for the first ten months of 2015.
