The cooperative movement in Georgia started back in 2013 with EU support, through the launching of the ENPARD project, a major component of which is the development of agricultural cooperatives across Georgia.

In September 2017, the average cost of cooking one standard Imeretian khachapuri varied across Georgian cities, from 3.33 GEL (the minimum observed in Tbilisi), to 3.85 GEL (the maximum observed in Telavi). The average price was 3.63 GEL, which is 5.5% higher compared to the previous month (August 2017), and 6% higher compared to September of last year.

In the first half of October, food prices in Tbilisi’s major supermarkets increased by 10.8% compared to October 2017. On a monthly basis (that is, compared to September 2017), ISET’s Retail Food Price Index increased slightly by 1.7%. On a biweekly basis, most of the prices increased, leading to a higher Retail FPI.

The VET reform assessment was conducted on October 4, 2017. According to the Government Survey, 80% of the 2013-2017 Action Plan, and 50% of the entire reform, which is scheduled to last until 2020, have been implemented. The survey also showed how the reform, including the launch of the dual education system, which took off in 2013 revamped the whole structure of the vocational education system.

ISET’s BA Program in Economics is accredited by the Chartered Institute of Management Accountants (CIMA) till 2025. The program is recognized by UK NARIC at the same level as a UK undergraduate degree.