18
December
2023
As Georgia advances on its path toward European Union (EU) candidacy, the anticipated economic benefits, increased foreign investment, and alignment with European standards present a promising trajectory, worthy of further attention within the following article. The granting of European Union candidate status is a significant political signal, one which represents an initial step towards acknowledging that a candidate country is on the path towards eventual EU membership.
27
November
2023
In November 2023, the average cost of preparing a standard portion of Imeretian Khachapuri continued its upward climb, reaching 6.47 GEL. This represents a 5.5% increase from the previous month (October 2023) and a 6.9% decrease compared to the same period last year (November 2022).
30
October
2023
In October 2023, the cost of preparing one standard Imeretian khachapuri increased monthly and reached 6.13 GEL. The latest average price is 4.2% higher month-on-month (compared to September 2023) and 6.8% lower year-on-year (compared to October 2022).
18
October
2023
On 18 October, Tamar Sulukhia, Director of the ISET Policy Institute, took part in a panel discussion dedicated to the launch of the Systemic Country Diagnostic (SCD) Update for Georgia during an event organized by the World Bank. The report, entitled “Georgia: Keeping the Reform Momentum”, provides a comprehensive analysis of the developmental challenges and opportunities that the country requires to accelerate progress toward a reduction in poverty alongside shared prosperity in a sustainable manner.
28
September
2023
In September 2023, the average price for preparing a standard portion of Imeretian khachapuri was 5.88 GEL. Since June 2023, there has been an upward trend in the khachapuri index, with the price of khachapuri increasing by 4.7% compared to June 2023. This increase is mainly explained by a 10.6% rise in the price of cheese during the four-month period (June-September 2023).
