From April to July, ISET will lead an online training program in Regulatory Impact Assessment aimed at equipping the members of participating institutions with the required technical skills and understanding of the procedures associated with carrying out the RIA in accordance with the methodology set out by the government of Georgia in January 2020.

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.

On the 17th of January, the Government of Georgia approved the Regulatory Impact Assessment (RIA) Methodology. This is an incredible step towards evidence-based policy-making that will contribute to the country’s economic development and future prosperity.

The study analyzes pecuniary economic costs and benefits associated with new policies on maternity, paternity, and parental leave in Georgia, using a state-of-the-art methodology utilized in EU member countries.

Build the capacity of the representatives of Parliament of Georgia and executive agencies to understand and apply the RIA methodology. Georgia is in the process of institutionalizing RIA as an integral part of policy-making, both in the executive and legislative branches of government.