
The ISET Policy Institute presented to stakeholders the Regulatory Impact Assessment of the Draft Law of Georgia on Entrepreneurs at ISET on May 2. The project was prepared by the ISET Policy Institute with the support of GIZ and PROLoG/USAID.

The second half of 2017 lacked any drama, at least as far as Georgian consumer confidence (CCI) is concerned. During this period, the CCI moved within a very narrow band of [-16; -20] index points, with monthly changes not exceeding one or two points. This trend continued in January 2018 – the CCI lost 1.1 index points, declining from -17.8 in December to -18.9 index points in January 2018. CCI’s two sub-indices, capturing consumer expectations and present situation assessment, moved in the opposite directions.

On March 12, 2018, the implementation of a capital market development strategy was evaluated during the second phase of ReforMeter.

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.

Thanks to a significant increase in the private sector expectations, BCI in the first quarter of 2018 has improved yet again (for the 2nd consecutive quarter), reaching 31.4 index points, which is a 3.2 index point gain over the previous quarter. Almost 60% of participating business executives expect their business will improve over the next three months.