04
October
2021
The National Statistics Office of Georgia (GeoStat) recently published its economic review for Quarter II 2021. The publication highlights that agricultural production decreased by -2.3% in the second quarter of the year compared to the same period of 2020. Furthermore, agriculture contributed to 7.8% of the country’s total GDP during this period.
01
October
2021
In August 2021, Georgian power plants generated 1202 mln. kWh of electricity. This represents a 27% increase in total generation, compared to the previous year (in August 2020, the total generation was 949 mln. kWh). The increase in generation on a yearly basis comes from the increase of 20% and 94% in hydropower and thermal power generation, respectively.
30
September
2021
The Gender Impact Assessment (GIA) of the Models for the Implementation of the Equal Pay Review and Reporting (EPRR) Methodology in Georgia was conducted by the ISET Policy Institute (ISET-PI) as part of its collaboration with UN Women within the scope of the project “Regulatory Impact Assessment and Gender Impact Assessment for Women’s Economic Empowerment in Georgia”.
28
September
2021
Natural resources, such as land, water, air, minerals, forests, and fisheries, all provide fundamental life support, in the form of both public-good and consumptive services, which also greatly affect the quality of human life. As such, a proper Natural Resource Management (NRM) allows for the sustainable utilization of resources and moreover ensures that the services provided continue to be accessible over time.
27
September
2021
Recently, Geostat has released the preliminary estimate of real GDP growth for the second quarter of 2021, which now stands at 29.9%. The real GDP growth rate reached 9.9% year-on-year in July 2021. Consequently, the estimated real GDP for the first seven months of 2021 amounted to 12.2%.
