01
May
2023
Geostat has released its rapid estimate of real GDP growth for February 2023. The estimated growth stands at 5.8%, while the average real GDP growth for January-February 2023 reached 7.1%.
01
May
2023
In April 2023, the average cost of cooking one standard portion of Imeretian khachapuri stood at 5.99 GEL. This latest average price is 1.4% higher than in April 2022. Whereas in month-to-month developments, the price of a single khachapuri experienced a significant decline of 8.0% compared to the previous month, March 2023.
27
April
2023
In March 2023, Georgian power plants generated 1,019 mln. kWh of electricity (Figure 1). This represents a 5% decrease in the total generation compared to the previous year (in March 2022, the total generation was 1,077 mln. kWh). The decrease in the generation on a yearly basis comes from a fall of 58% in thermal and 2% in wind power, while hydropower generation increased by 41%.
27
April
2023
On April 24th and 27th, ISET Policy Institute held a two-day free Regulatory Impact Assessment (RIA) basic course for local government officials. RIA is one of the best mechanisms for evidence-based policy development, and the preparation of it became mandatory for a number of normative acts initiated by the government since 2020.
24
April
2023
On 24 April, ISET Policy Institute, with support from the Swedish Embassy, met representatives from local non-governmental and international organizations, and from the Akhaltsikhe public and private sectors, in order to introduce its activities and key products.
