24
February
2025
Giorgi Papava, Lead Economist and Practice Head for private sector development policy at ISET Policy Institute, represented Georgia at the prestigious International Scientific Conference "Distributed Profit Taxation – Polish and worldwide perspective" on December 9, 2024, at the SGH Warsaw School of Economics in Poland.
21
February
2025
ISET Policy Institute, as a host institution for the Eastern Partnership Road Safety Observatory (EaP RSO), participated in the 4th Global Ministerial Conference on Road Safety held in Marrakech, Morocco on February 18-20, 2025.
24
January
2025
For the first quarter of 2025, business confidence in Georgia decreased (by 8.8 index points) and reached -5.0. The highest decrease in business confidence is observed in the service (-21.5) sector. The negative change in BCI for Q1 2025 was driven by decreased past performance as well as pessimistic expectations.
08
January
2025
According to GeoStat’s preliminary estimates in the second quarter of 2024, Georgia’s nominal GDP reached GEL 24,855.7 million, with a year-over-year real GDP growth of 11.0% and a GDP deflator change of 4.3%. The growth was driven by significant increases in value-added across various sectors: Education activities rose by 35.6%, Information and communication rose by 32.8%, Construction by 30.9%, Financial and insurance activities by 22.9%, Public administration and defense, including social security by 14.7% and Wholesale and retail trade, including repair of motor vehicles and motorcycles by 11%. Conversely, there was a decline in value-added in electricity, gas, steam, and air conditioning supply by 13.6% and in Real estate activities by 4.9%.
04
December
2024
Tamar Sulukhia, Director of ISET and ISET Policy Institute, participated in a high-level panel discussion at the SITE 2024 Development Day Conference in Stockholm, focusing on the European Union accession paths of Georgia, Ukraine, and Moldova. The conference, titled "Forging a Road to a Brighter Future: The Path of Ukraine, Moldova, and Georgia to European Union Membership," was held in Stockholm on December 4, 2024.