01
October
2013
The purpose of the Financial Soundness Indicators for Investment Climate Assessment is to present a birds eye view of the Georgia’s financial system, its’ standing relative to other countries in the world and the countries in Europe/Central Asia developing cohort. After the first round of successful cooperation between ISET Policy institute and ADB on the previous FSI project, ISET-PI was granted the second contract for conducting a joint study together with GeoStat and NBG.
30
September
2013
The Government of Georgia (GoG) is currently preparing a new Local Self Government Code that will introduce significant modifications to the structure of local-self-governments (LSGs) in Georgia. Currently, Georgia has 63 LSGs (excluding Tbilisi and those areas not under Georgian control). If the proposed law is approved in Parliament, it would increase the number of LSG units dramatically: according to the GoG, by 2015 there would be close to 120 LSGs, and by 2018, approximately 240 LSGs overall. At time of writing, the draft Code was still under discussion by the GoG, prior to its introduction to Parliament.
30
September
2013
Evacuation is one of the most frequently used words in Georgian TV in the last two weeks, arguably due to an inflation of fibber bomb warnings. Rustavi 2, Imedi, Parliament, airport, bank offices, and schools – all were targeted by these macabre hoaxes.
21
September
2013
Few events in Georgian history had consequences that were as far-reaching as the infamous Treaty of Georgievsk of 1783. At the end of the 18th century, Erekle II. (1720-1798) handed over his kingdom of Kakheti and Kartli to the Russians, aligning the fates of Georgia and Russia for the next two centuries.
13
September
2013
On June 28, the Georgian Parliament passed a bill imposing a moratorium on land acquisition by foreigners and foreign-owned legal entities till the end of 2014. The bill effectively reversed an earlier policy that welcomed foreigners to settle and invest in Georgia’s agricultural sector, a policy culminating in the seemingly outlandish program seeking to bring to Georgia – and offer fast-track naturalization to – dozens of expert farmers from South Africa.
