25
September
2023
Geostat has released its rapid estimate of real GDP growth for July 2023. The estimated growth stands at 5.5%, while the average real GDP growth for January-July 2023 reached 7.2%.
25
September
2023
In August 2023, Georgian power plants generated 1,463 mln. kWh of electricity. This represents a 4% increase in the total generation compared to the previous year (in August 2022, the total generation was 1,401 mln. kWh). The rise in generation on a yearly basis comes from a rise of 12% in Hydro power generation, while the generation of wind and thermal power plants decreased by 29% and 32%, respectively.
25
September
2023
On 25 September ReforMeter, the USAID Economic Governance Program, and the Georgian Tourism Industry Alliance jointly hosted a public-private dialogue to discuss the progress of tourism reform with local stakeholders in Kutaisi, Georgia.
21
September
2023
Under the project "Develop Advocacy Capacity of CSOs and PSAs," which is funded by the USAID Economic Governance Program, ISET Policy Institute continues its mentorship activities. The aim of this project is to enhance the capabilities of CSOs and PSAs in various areas such as policy-making, advocacy, research, and outreach so that they can actively participate in the policy decision-making process and contribute to local community development, policy design, and implementation.
18
September
2023
The profit tax system that came into force on January 1, 2017, in Georgia aims to create a favorable business environment, accelerate economic growth, and improve tax administration. This system is based on the distributed profit taxation regime, similar to the one implemented in Estonia.
