27
May
2025
Three Lead Economists from the ISET Policy Institute – Davit Keshelava, Mariam Lobjanidze, and Giorgi Papava – participated in the prestigious Growth Academy 2025, held in Bucharest, Romania, from May 22 to 24, 2025. The event, jointly organized by the World Bank, the University of Chicago, and the National Bank of Romania, brought together leading academics, policymakers, and development practitioners from across the Europe and Central Asia (ECA) region.
20
May
2025
According to the ISET Policy Institute's latest projections, based on March data, Georgia's economy is expected to grow by 8.2% in the second quarter and 6.5% in the third quarter of 2025. The annual growth in 2025 is expected to be 6% in the worst-case scenario and 7.6% in the best-case or an average long-term growth scenario.
30
April
2025
In 2025, President Donald Trump reintroduced a sweeping tariff policy as a central element of his economic agenda. Framed as a “universal baseline tariff,” the new measures impose a 10% duty on all imports and introduce even higher reciprocal tariffs on countries with large trade surpluses with the United States. These policies mark a continuation and an escalation of Trump’s earlier protectionist approach during his first term.
21
April
2025
Geostat has published its preliminary estimate of real GDP growth for February 2025, which stands at 7.7%.
20
March
2025
Economic development of the municipalities (outside capital) is one of the key sustainable development challenges in Georgia. The capital city of Tbilisi, while accounting for nearly 1/3 of the country’s population generates 50% of GDP and keeps expanding, whereas the municipalities, with few exceptions, are losing population and suffering from high incidence of poverty, unemployment, and slow and weak economic development.
