In April 2023, Georgian power plants generated 1,249 mln. kWh of electricity. This represents an 11% increase in the total generation compared to the previous year (in April 2022, the total generation was 1,125 mln. kWh). The increase in the generation on a yearly basis comes from an increase of 181%, 38%, and 5% in thermal, wind, and hydropower generation, respectively.

The average cost of cooking one standard portion of Imeretian khachapuri stood at 5.76 GEL in May 2023. The declining month-on-month trend has continued as the price of khachapuri fell by 4.1% (compared to April 2023). However, in comparison to May 2022, a year-on-year increase of 1.9% is still visible.

On June 2, ReforMeter and the USAID Economic Governance Program hosted yet another public-private dialogue dedicated to assessing progress in capital market development reform. The assessment of the capital market development reform includes an overview of the activities planned and implemented within the capital market development strategy for 2023-2028.

In Georgia, a new law on “Water Resources Management" has been drafted, which involves significant and complex legislative changes. The country will have a new, unified system of managing water resources based on international approaches after the proposed law is implemented, satisfying the requirements set forth in the Association Agreement (AA) concluded with the European Union (EU).

The Forum for Research on Eastern Europe and Emerging Economies and the International School of Economics at TSU (ISET) and its Policy Institute, are delighted to extend a warm invitation to participate in an international conference on gender economics entitled: "Gender Equality and Women’s Economic Empowerment in Time of Crisis”.