In February, the average cost of cooking one standard Imeretian Khachapuri fell to 3.29GEL, which is 3.4% lower month-on-month (compared to January 2015), and 4.8% lower year-on-year (compared to February 2014).

Unlike most commodities that are provided by private actors competing with each other, a currency is provided by a monopolist. The only institution that is allowed to produce laris is the National Bank of Georgia (NBG).

The recent bouts of sharp lari depreciation caused much anxiety among the Georgian population, prompting fears of inflation, loan defaults, and bank failures, on the one hand, and the typically Georgian political speculations over “who is to blame”, on the other.

In order to assess the effectiveness of the Agricultural Card Program, APRC conducted focus group discussions with farmers and individual interviews with input suppliers and machinery service providers from different regions of Georgia were conducted in order to assess the impact.

Assessment of economic benefits of the road, water and sewage infrastructure rehabilitation performed in several Georgian cities in the framework of the World Bank Regional and Municipal Infrastructure Development Project (RMIDP + AF).