The profit tax system that came into force on January 1, 2017, in Georgia aims to create a favorable business environment, accelerate economic growth, and improve tax administration. This system is based on the distributed profit taxation regime, similar to the one implemented in Estonia.
On June 28, ReforMeter and the USAID Economic Governance Program hosted yet another public-private dialogue dedicated to assessing progress in water resource management reform. The draft law on "Water Resources Management" stipulates the establishment of a river basin management system and the introduction of economic instruments for water consumption.
On 16 June 2023, a working meeting was held at the Holiday Inn Hotel organized by the Ministry of Environment and Agriculture and the Remission Center for Sustainable Development. The purpose is to discuss concepts prepared for the Green Climate Fund (GCF) within the building sector in Georgia, specifically for the energy-efficient rehabilitation of public buildings.
In Georgia, a new law on “Water Resources Management" has been drafted, which involves significant and complex legislative changes. The country will have a new, unified system of managing water resources based on international approaches after the proposed law is implemented, satisfying the requirements set forth in the Association Agreement (AA) concluded with the European Union (EU).
The ISET Policy Institute research team conducted a comprehensive study on the trade potential between Georgia and Indonesia. The study comprehensively analyzes Georgia's economic landscape, exploring growth trends, major industries, and fiscal policies. It evaluates dynamic factors influencing economic resilience and adaptability, assesses the business environment, identifies sectors for Indonesian companies, reviews existing cooperation, explores growth opportunities, and conducts a risk assessment.