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.
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.
21
September
2023
We would like to address the recent alarming developments at the National Bank of Georgia (NBG). Throughout the past decades, the NBG has firmly upheld its institutional and political independence, adhered to international standards and obligations, demonstrated exceptional professionalism in guiding the country's monetary policy, and maintained financial and macroeconomic stability.
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.
06
September
2023
Georgia is actively addressing gender equality and women's economic empowerment (WEE) within its investment climate and national policies. Despite legislative efforts to align with EU directives, women-owned SMEs face significant challenges in accessing finance, impacting overall economic growth.