On 6 December, Yaroslava Babych, Lead Economist of the ISET Policy Institute, participated in an annual event Development Day hosted by the Stockholm Institute of Transition Economics (SITE) in Stockholm, Sweden.

In November 2022, the average cost of cooking one standard portion of Imeretian Khachapuri continued its upward trend and reached 6.90 GEL. The latest average price is 4.9% higher month-on-month (compared to October 2022) and 27.3% higher year-on-year (compared to November 2021).

In October 2022, Georgian power plants generated 1,034 mln. kWh of electricity. This represents a 13% decrease in the total generation compared to the previous year (in October 2021, the total generation was 1,192 mln. kWh). The decrease in the generation on a yearly basis comes from a decline of 11%, 17%, and 25% in hydro power, wind power, and thermal power generation, respectively.

On December 5, Tamar Sulukhia, Director of ISET Policy Institute participated in the wrap-up panel and spoke on empowering women as change agents – existing capacities, potentials, and needs. She particularly stressed the importance of data, research, and policy advocacy.

The Georgian winemaking tradition is 8000 years old, making Georgia the world’s first known location of grape winemaking. There are many traditions associated with Georgian winemaking. One of them is ‘Rtveli’ – the grape harvest that usually starts in September and continues throughout the autumn season, accompanied by feasts and celebrations.