
The aim of the project was the development of multipliers to assess the indirect impact on job creation, investment, and enhanced revenues on the Georgian economy.

ISET’s track record in sending its graduates into prestigious jobs or Ph.D. programs speaks for itself, and these opportunities are major points of attraction for would-be ISETers. However, the benefits of becoming an ISET graduate are best demonstrated when members of its alumni return and connect with the next generations.

A nationally representative sample of around 350 Georgians, interviewed in early October, November and December 2019, reveals that the Consumer Confidence Index (CCI) deteriorated in the two consecutive months, October and November, by 0.4 (from -19.3 in September to -19.7 in October) and 2.1 index points (from -19.7 in October to -21.8 in November) respectively.

The real GDP growth rate reached 5.7% y/y in October 2019. As a result, the estimated real GDP growth for the first ten months of 2019 was 5.1%. ISET-PI’s real GDP growth forecast for the fourth quarter of 2019 remains at 4.4%.

Recently, GeoStat has released its preliminary estimate of real GDP growth for the third quarter of 2019. The Q3 growth rate now stands at 5.7%, which is 1.4% below ISET-PI’s last forecasted value. As a result, the estimated real GDP growth for the first nine months of 2019 amounted to 5.0%.