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The new year started with a historic high for the Khachapuri Index. The Index continued its upward trend, reaching an average cost of 5.77 GEL in January 2022. This is 1.8% higher than December 2021 (MoM) and 23.7% higher compared to January 2021 (YoY). The highest price increase was observed for eggs (47%) and flour (31%).
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On February 2, the ISET Policy Institute Director, Tamar Sulukhia, introduced the EaP Regional Road Safety Observatory to various civil society organizations from the Eastern Partnership region – Armenia, Azerbaijan, Georgia, Moldova, and Ukraine. This regional road safety workshop was organized by the World Bank, supported by the European Commission.
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Prior to the current insolvency reform, Georgia’s legislative framework regulating insolvency proceedings fell short of meeting international standards – it did not meet neither creditors’ nor debtors’ needs and failed to offer incentives to the insolvent companies to choose rehabilitation as their optimal strategy for resolving financial difficulties.
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The first MediaTOR training module on “Reporting on Economy” is approaching its end. This particular module was led by Maka Antidze – a Georgian reporter with extensive international journalistic experience.
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Davit Keshelava from ISET Policy Institute participated in a Thematic Inquiry from the Parliamentary Sector Economy and Economic Policy Committee. The investigation, supported by Konrad-Adenauer-Stiftung (KAS) and the Economic Policy Research Centre (EPRC), was dedicated to understanding the challenges of attracting Foreign Direct Investment (FDI) into Georgia.