After three consecutive quarters of improvement, BCI in the third quarter of 2018 has worsened, dropping to 35.4 index points, which is a 4.2 index point loss over the previous quarter. The BCI drop is based on lowering expectations and worsening of past performance in many business sectors. Compared to other sectors, manufacturing assessed their past performance and expectations the most pessimistically. In contrast, the agriculture sector is the most positive, reflecting a high season in production.
APRC conducted a Regulatory Impact Assessment (RIA) of the Draft Law on Windbreaks and provided recommendations on policy options for implementing proposed regulation in inclusive and sustainable way.
This summer, Russia is again at the epicenter of the world, but this time for hosting the 21st FIFA World Cup football tournament and not for the occupation of its neighboring countries’ territories. The majority of the world’s population is gripped by football fever, and Georgians are no exception. You can see random people on the streets wearing the jersey of their favorite nation. Students attend classes wearing jerseys or football T-shirts.
On June 29, at the Tbilisi office of USAID G4G, a round table discussion about Agricultural Land Registration Reform was held. The meeting was organized by the ISET Policy Institute under the “ReforMeter” project. During the meeting, the land registration process and achievements and challenges of the land market in the country were all discussed.
There was 2.1% decrease in agricultural production in 2017 compared to the previous year. Production in the plant-growing sector declined by 0.4%, while animal production experienced a decrease of 3.8%. Lower production resulted in lower self-sufficiency ratios for most agricultural products.