As the Election Day of October 8th approaches, we hear more and more about the platforms of Georgian political parties. Given that political competition is very fierce, one naturally expects to hear some blatantly populist statements – the kind of political promises (known to humanity from the times of Aristophanes) which are very popular among the voters, but are hard or impossible to implement in practice.
In August 2016, the average cost of cooking one standard Imeretian khachapuri increased to 3.15 GEL, which is 4.8 % higher month-on-month (m/m, that is compared to July 2016), but 9.6% lower year-on-year (y/y, compared to August 2015).
Despite being a predominantly rural country, Georgia suffers from extensive issues related to agricultural development. To this end, ENPARD, a European Union rural development program, has assisted with the establishment of a number of cooperatives throughout the country. The success stories of two of these prompted a recent visit by members of the Agricultural Policy Research Centre.
Georgian agricultural development has received significant attention lately, and it remains one of the most pressing issues facing the country. Yet proper development comes only as a result of comprehensive understanding, and so a study by UNDP Georgia, Swiss Cooperate South Caucasus, and the Ministry of Agriculture, in partnership with ISET and ACT, a research company, entitled 'What are the knowledge needs of Georgian farmers?' was initiated.
Having experienced a temporary 1% spike in August, food prices are going down again. In the second week of September, ISET’s Retail Food Price Index dropped 0.7% m/m (compared to August 2016) and 2% y/y (compared to September 2015).