04
February
2019
BCI in the first quarter of 2019 has worsened, dropping to 22.6 index points, which is a 7.4 index point loss over the previous quarter. The BCI drop is driven by worsening in the past performance and expectations in a number of the business sectors. Interestingly, companies in the construction industry assessed their past performance most pessimistically, however they display the most optimistic expectations. While the private sector expectations tend to worsen, they continue to remain positive.
11
December
2018
On December 10-11, ISET’s APRC team organized a comprehensive stakeholder dialogue to discuss the interim results of the RIA on draft Law on Windbreaks. The two-day workshop gathered representatives of the Agrarian Committee of the Parliament of Georgia, the Ministry of Environmental Protection and Agriculture, municipalities, the private sector (principally in the form of farmers), international donors (IFAD, GIZ), and various NGOs.
19
November
2018
It is that time of year again when our world starts revolving around the World Bank’s Doing Business publication. It is a time when we once more have the chance to brag about how easy it is to start a business in Georgia, about how small the tax burden on businesses is, and about how good we are at enforcing contracts.
13
November
2018
BCI in the fourth quarter of 2018 has worsened, dropping to 29.9 index points, which is a 5.5 index point loss over the previous quarter. The BCI drop is based on the worsening of past performance and expectations in many business sectors. Compared to other sectors, manufacturing and agriculture assessed their past performance and expectations the most pessimistically. In contrast, the retail trade sector is the most positive.
10
September
2018
After three consecutive quarters of improvement, BCI in the third quarter of 2018 has worsened, dropping to 35.4 index points, which is a 4.2 index point loss over the previous quarter. The BCI drop is based on lowering expectations and worsening of past performance in many business sectors. Compared to other sectors, manufacturing assessed their past performance and expectations the most pessimistically. In contrast, the agriculture sector is the most positive, reflecting a high season in production.
