The average cost of cooking one standard portion of Imeretian Khachapuri increased to 3.66 GEL in November 2015. This is 1.4% higher m/m (compared to October 2015), and 9.6% higher y/y (compared to the same month of the previous year, November 2014). Given that it mostly consists of food prices that are subject to sharper seasonal fluctuations, the upward trend in Khachapuri Index is somewhat steeper than that of GeoStat’s official Consumer Price Index (CPI).

Every human is born with billions of neurons or nerve cells, which form networks to process and transmit information. The structure of neuron networks constitutes the foundation for learning, memory, and other cognitive abilities.

ISET is pleased to announce the creation of two new need-based scholarships thanks to a generous donation by the Community Project Committee (CPC) from the International Women’s Association-Georgia (IWA Georgia). IWA Georgia is a local NGO that supports children, disabled persons, women, and the elderly, particularly those who are at risk due to poverty, poor health, or other factors.

According to recently released statistics, the Georgian economy continued on a stable trajectory of low- single-digit growth in September and October. The rapid growth estimates for October show 3% GDP growth, definitely an improvement over the 2.2% growth in September. The estimated average real GDP growth rate in the first ten months of 2015 was 2.8% year on year.

ISET is happy to announce that Mariam Menteshashvili was promoted to a new position at the Georgian State Electrosystem (GSE). Mariam graduated from ISET with a concentration in International Trade in 2011. Before her promotion, she had been working in the International Project Coordination and Accounting Department of GSE. In this department, her responsibilities were to prepare tender documentation and monitor agreements concerning projects.