29
October
2018
Growth projections for the 3rd and 4th quarters of 2018 were revised downward by less than 0.1 percentage points. They now stand at 7.2% and 6.4% respectively. Recently, Geostat published its preliminary estimate of real GDP growth for August, which now stands at 2%. As a result, the real GDP growth estimate for the first eight months of 2018 was reduced to 4.8%.
23
October
2018
Is it possible to make long-term predictions on how climate change and the economy co-evolve as a means to understand the impact climate change has on the economy? Or for that matter, in what ways governments could encourage technological innovation in order to assure the continuation of economic growth?
22
October
2018
The average cost of cooking one standard Imeretian khachapuri in September 2018 was 3.56 GEL, which was 3.7% higher month-on-month (m/m, as compared to the previous month), and 2.1% lower year-on-year (y/y, as compared to the same month last year). However, khachapuri became cheaper for those earning in foreign currency as a result of the y/y depreciation of the lari relative to both the USD and EUR in September 2018.
19
October
2018
Georgia committed to harmonizing its electricity market legislation with EU Third Energy Package and liberalizing it according to the accession protocol with the Energy Community. These structural changes are expected to contribute to the more efficient functioning of the Georgian electricity market and to support its development.
11
October
2018
This Thursday, October 11, Davit Lezhava, Public Policy Sector Director of the Policy and Management Consulting Group (PMCG), awarded need-based scholarships to three second-year MA students – Giga Gotsiridze, Ia Tchankvetadze, and Nino Shoshiashvili.
