Last month, the Alumni Association of ISET conducted a training session for the institute’s MA students, the aim of which was to provide information about the largest employers of ISET graduates, demonstrate their needs and expectations and prepare the students for the hiring process by conducting mock interviews.

In February 2018, Georgian power plants generated 934 mln. KWh of electricity. This corresponds to a 15% increase in total generation, compared to the previous year (in 2017, total generation in January was 809.2 mln. kWh). The increase in generation on a yearly basis comes from an increase in wind and hydro power generation.

Geostat has published its rapid estimate of real GDP growth for the fourth quarter of 2017. Estimated growth stands at 4.7%, which is only 0.1% higher than the value forecasted in the last update of our model.

In the present era of environmental and industrial change, maintaining biodiversity is essential. Doing so not only protects species and habitats, but also brings benefits for society in the form of resulting ecosystem services. In order to conserve biodiversity and fulfill the obligations defined by various international conventions and the Association Agreement (AA), the Georgian Ministry of Environment and Natural Resource Protection (MoENRP) initiated the Law on Biodiversity in 2015.

Among the pleasant surprises early this year, were the figures for Georgia’s economic growth in 2017. According to GeoStat estimates, Georgia’s real GDP grew by 4.8% year over year (YoY) in 2017. This result moderately surpassed the ADB, EBRD, IMF, and World Bank’s last growth projections of 4.2%, 3.9% 4.0%, and 3.5% growth, respectively. NBG's 4.5% growth projection also slightly underestimated Georgia’s economic growth in 2017. The real winner in this race was ISET-PI’s annual GDP growth forecast.