Recently, Geostat has released the preliminary estimate of real GDP growth for the second quarter of 2020, which now stands at -12.6%. The real GDP growth rate contracted by 7.7% and 5.5% year-on-year in June and July 2020, respectively. Consequently, the estimated real GDP for the first seven months of 2020 amounted to -5.8%.
This report was prepared under the mandate ‘Analysis of the National Agricultural Knowledge and Information System (AKIS) in Georgia’ commissioned for the UNDP project ‘Modernization of Vocational Education and Training (VET) System Related to Agriculture in Georgia’. The mandate includes three larger fields of inquiry, namely an analysis of the Georgian AKIS actors and linkages including a visualization, the identification of assets and gaps in the current system, and recommendations on how to improve.
On September 11, ISET Policy Institute's Agriculture and Rural Policy Research Center (APRC) presented the main results of the Regulatory Impact Assessment (RIA) on the High Mountainous Region Designation of Energy Development and Access to the project's stakeholders.
ISET is proud to welcome Mr. Luc Leruth, a professional of considerable academic experience who has worked for many years in financial institutions, to the ISET Policy Institute as one of its Lead Economists. A native of Belgium, Mr. Leruth previously worked as the Director of a number of the IMF's Technical Assistance Centres in Africa and the Pacific region.
The APRC is conducting a Regulatory Impact Assessment (RIA) of the Draft Law on Agritourism. Based on the findings, the RIA team will provide recommendations on policy options for implementing the proposed regulation in an inclusive and sustainable way.