On May 3, ISET Policy Institute co-hosted a public event organized by World Bank Georgia where representatives of the World Bank and co-authors of the study, Jamele Rigolini and Sarah Call-Black, presented the resilience report "Protecting Human Capital in Times of Shocks and Crises".
Geostat has released its rapid estimate of real GDP growth for February 2023. The estimated growth stands at 5.8%, while the average real GDP growth for January-February 2023 reached 7.1%.
In March 2023, Georgian power plants generated 1,019 mln. kWh of electricity (Figure 1). This represents a 5% decrease in the total generation compared to the previous year (in March 2022, the total generation was 1,077 mln. kWh). The decrease in the generation on a yearly basis comes from a fall of 58% in thermal and 2% in wind power, while hydropower generation increased by 41%.
On 24 April, ISET Policy Institute, with support from the Swedish Embassy, met representatives from local non-governmental and international organizations, and from the Akhaltsikhe public and private sectors, in order to introduce its activities and key products.
Under the Georgian Constitution, the country's strategic objective is to join the European Union. The vast majority of citizens agree with and support this objective. The European future is not only the country's historical strategic choice but also the hope for the prosperity and well-being of the country's population and the promise of a better future for future generations.