06
February
2017
In January, the cost of cooking one standard Imeretian khachapuri continued to increase, ranging between 3.56 GEL (Batumi and Tbilisi) and 3.92 GEL (Kutaisi), with the average cost being 3.67 GEL. The new average price is 1.9% higher than the price in January 2016. As for month-to-month development, the price of khachapuri is 1.3% higher compared to the previous month (December 2016).
04
February
2017
Unofficial (partial) dollarization describes a situation when a foreign currency is used alongside the domestic currency for transactions purposes and as a store value. High partial dollarization is not good for a country, as it ties the hands of its Central Bank when it wants to use monetary policy. In a highly dollarized economy, national currency depreciation can even lead to financial instability.
03
February
2017
On February 3, 2017, Eric Livny, President of ISET and the ISET Policy Institute, held a working meeting with the newly-appointed chairman of the Competition Agency of Georgia, Mr. Nodar Khaduri, who is also a co-director of the newly-accredited ISET BA Program.
01
February
2017
APRC is working on a research to inform the World Bank Group (WBG) on sectoral priorities in Georgia’s agriculture.
01
February
2017
Strengthening capacity of business support organizations on DCFTA and SME related policies.
