For the second quarter of 2022, business confidence in Georgia decreased (by 2.2 index points) and reached 15.1. The highest decrease in business confidence is observed in construction (-29.7), and wholesale and retail trade (-7.6) sectors. The negative change in BCI for Q2 2022 was driven by significantly worsened past performance.
Geostat has released its rapid estimate of real GDP growth for February 2022. The estimated growth stands at 14.6%, while the average real GDP growth for January-February 2022 reached 16.3%.
On 13 April, ISET Policy Institute hosted an event: “War in Ukraine: Challenges, Risks, and Responses of the Georgian Economy”. The meeting brought together the policy community – including think tanks, experts, public and private sector leaders, and various development partners.
ISET Policy Institute will be hosting an event War in Ukraine: Challenges, Risks, and Responses of Georgian Economy, to be held on April 13 from 10:00-12:30, that will bring together the policy community, experts, and private sector leaders, and development partners.
The reform aims to facilitate E-commerce in Georgia by developing a legal and regulatory framework and the necessary technical infrastructure. It consists of many different aspects, incorporating the activities of implementing government agencies, other public sector stakeholders, and the private sector.