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February 2019 | Agri Review
04 March 2019

Underdevelopment of the land market is a major obstacle behind the development of Georgian agriculture. A significant number of unregistered plots of land prevent land consolidation and increases in agricultural productivity. According to the Ministry of Justice, as of February 2019, in the framework of the land registration reform, since 2016, there are 543,139 citizens who have registered 130,943 ha of land; 1,431 legal entities which have registered 1,793 ha; and 34,131 state entities with 169,241 ha of registered land.

February 18, 2019 | Wheat is becoming more expensive, again!
18 February 2019

In January 2019, the cost of cooking one standard Imeretian khachapuri decreased comparatively both annual and monthly, ranging between 3.56 GEL (Tbilisi) and 3.70 GEL (Kutaisi), with an average cost of 3.62 GEL. The new average price is 2.5% lower than in January 2018. As for the month-to-month development, the price of khachapuri is 3.5% lower compared to the previous month (December 2018).

ISET Hosts Seminar-Wrokshop on Georgian Anomaly in Rural-Urban Transition
29 January 2019

On January 29, ISET was pleased to host Prof. Michael Beenstock for a seminar workshop. Prof. Beenstock is the author of ten books on topics including time series and spatial econometrics, macroeconomics, the global economy, and economic development, as well as writing more than 100 refereed journal articles.

Identification of sectors with high potential for economic growth in the mountainous regions of Georgia
01 January 2019

The goal of the project is to contribute to the sustainable development of mountainous regions of Georgia. The project is commissioned by Centre for Training and Consultancy (CTC) with EU funding. The following activities are envisioned within the project:

Increasing Electricity Imports and Jumping Import Electricity Prices: a Worrisome Development or Data Glitch?
30 November 2018

After the generation deficit of September, the decreasing trend in generation continues, while the gap between consumption and generation keeps widening. Chiefly, compared to September, total electricity generation has decreased by 8% in October 2018, while in contrast with the previous October 2017, electricity generation has decreased by 5%. This reduction in generation on a yearly basis is specifically due to the decrease in hydropower (-1%) and thermal power generation (-17%), which more than offsets the increase in WPP generation (+4%).

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