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.
24
September
2018
In August 2018, the average cost of cooking one standard Imeretian khachapuri increased to 3.43 GEL, which is 3.8 % higher month-on-month (m/m, that is, compared to July 2018), but 0.5% lower year-on-year (y/y, compared to August 2017).
24
September
2018
Recently, Geostat released the preliminary estimate of real GDP growth for the second quarter (April-June) of 2018, which now stands at 6.0%. This is only 0.1 percentage points above the recent ISET-PI forecast. As a result, real GDP growth for the first seven months of 2018 reached 5.5%.
