In April 2018, the Georgian Consumer Confidence Index (CCI) lost 1.5 index points, dropping from -17.5 to -19. This tiny change is a signal of stability (or stagnation) as far as domestic demand is concerned. Whether no change is a good change for Georgia is debatable. In any case, the month of April merely continues a long-term no-change trend dating back at least to September 2017.
The Stockholm Institute of Transition Economics (SITE) with support from the Ministry for Foreign Affairs organized the annual SITE Development Day conference, which is dedicated to discussing initiatives that can help create a more equal society and improve economic development.
World Cup 2018 is getting close and football can already be felt in the air. The squads are almost finalized, new jerseys are already on sale, and fan clubs are preparing venues to watch football. These are all traditional preparation for the World Cup, but interestingly for me, and possibly for you as well, football has also affected education, specifically financial education. If you are interested in how football and financial education are linked, Financial Football is the answer.
In May 2018, Georgian power plants generated 1,161 mln. KWh of electricity. This represents a 6% increase in total generation, compared to the previous year (in 2017, total generation in May was 1,093 mln. kWh). The increase in generation on a yearly basis mainly comes from an increase in hydropower generation.
On May 29th, the ISET’s Salome Gelashvili spoke at the 2030 Agenda for Sustainable Development – Tbilisi Implementation Conference hosted by the Parliament of Georgia and held at the Radisson Blu Iveria Hotel from May 28th to 29th. She participated in a panel discussion on data for sustainable development.