During a meeting held at Rooms Hotel Tbilisi on 2 November, Mariam Katsadze and Giorgi Papava from a research team at ISET Policy Institute presented the results from the latest assessment of the economic dimensions within local creative industries.

ISET-PI’s forecast of real GDP growth for the third quarter (July-September) of 2022 decreased by 0.1 ppt to 16.4% compared to the last month’s prediction. The third estimate for the fourth quarter (October-December) growth forecast remains unchanged at 17.3%.

The Estonian model of Corporate Income Taxation (CIT) that came into force on January 1, 2017, in Georgia is based on the distributed profit taxation regime, according to which retained corporate income is tax-free, and profit is taxed at 15% only when distributed.

On September 28th Workshop on Road Safety and CSOs in the Eastern Partnership Countries was held, sponsored by the World Bank.

A memorandum of cooperation has recently been signed between ISET Policy Institute, the Georgian National Energy and Water Supply Regulatory Commission (GNERC), and the Elizbar Eristavi Energy Training Center.