According to Merriam-Webster’s dictionary, the word gay refers to a cheerful, lively, and high-spirited person. The LGBT Prague Pride Parade, which I was fortunate to observe on my recent visit to Prague, lived to the very definition of the word. What I saw was fabulous: unicorns and countless rainbow-colored flags, balloons, and thousands of exalted people dancing and singing in the middle of Wenceslas Square.

The objective of this activity is to design, develop and implement an operational the Georgian Reform Progress Tracking System (GRPTS) that informs grant beneficiaries on how new reform efforts of the Georgian government have progressed against their intended objectives and continue to improve development outcomes.

The main objective of this project was to analyse the predicted potential for Georgia to specialize in the production of various agricultural goods. APRC assisted the German Economic Team within this project with regards to: searching, collecting and summarizing data, reviewing existing literature to study the potential of agricultural goods which have a relative comparative advantage compare to other.

Exchange rate fluctuations are one of the most popular topics for debate in today’s Georgia. Given that Georgia’s self-sufficiency ratio in food products is quite limited (34%), Lari depreciation might be particularly hurtful for Georgian consumers, who spend considerable amount of their income on food.

After relatively high GDP growth in February and March, the Georgian economy slowed down considerably in April. According to Geostat’s rapid estimates, GDP grew by only 0.9% annually in the reporting month. Consequently, in the first four months of 2015 the Georgian economy expanded by 2.6%. ISET’s GDP forecast for the second quarter of 2015 is 5.1%, which seems to be rather overoptimistic given the grim start of the quarter.