
ISET Policy Institute implemented the project Shadow Analysis for Georgia in partnership with Ernst & Young Poland. Under the framework of the project, the ISET -PI team performed the following activities:

The GEO real property market grew by 8.8% in Q4 2018, in comparison with Q3 2018. While the annual increase was more pronounced at 22.3% (YoY), in comparison with Q4 2017.

In April 2019, Georgian power plants generated 966 mln. kWh of electricity. This represents a 9% decrease in total generation, compared to the previous year (in 2018, total generation in April was 1,064 mln. kWh). The decrease in generation on a yearly basis comes from the decrease in hydro and wind power generation (-21% and -27%), more than offsetting the increase in thermal power generation (+348%).

Around two years ago, ISET-PI published a blog article on the problem of over-indebtedness in Georgia. The article stressed the idea that due to notably increased access to finances, an aggressive marketing campaign provided by financial institutions, and poor socio-economic conditions throughout the country, Georgians (particularly the poorest) are mired in a swamp of debt, from which they are unable to escape.

In March 2019, Georgian power plants generated 974 mln. kWh of electricity. This represents a 2.2% decrease in total generation, compared to the previous year (in 2018, total generation in March was 997 mln. kWh.) The decrease in generation on a yearly basis comes from the decrease in hydro power generation (-30%), more than offsetting the increase in thermal and wind power generation (+98% and +42%).