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Georgia Becomes a Net Importer of Electricity Even During the Summer Period
01 October 2018

In August 2018, Georgian power plants generated 985 mln. KWh of electricity (a 5% decrease in total generation, compared to the previous year and a 22% decrease with respect to July 2018), while consumption of electricity on the local market was 1,049 mln. kWh (+1% compared to August 2017, and -4% with respect to July 2018).

Study on Private Service Providers in Organic Hazelnut Value Chain in Georgia
01 October 2018

This report covers the process and results from the value chain analysis conducted on the hazelnut sector in West Georgia. The study presents a basis to shape interventions of the forthcoming ‘Phase II: Fairtrade & Organic Hazelnut Value Chain Development for Small Farmers in Western Georgia’ project, which is to be implemented by the Consortium (ELKANA, HEKS/EPER, ANKA and PAKKA) with the financial support of DANIDA.

September 2018 GDP Forecast | Georgia's growth projections are strong, but the Turkish lira crisis may dampen the buoyant forecasts in the second half of the year
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%.

Business Confidence Index: fruitful summer for georgian agriculture!
10 September 2018

After three consecutive quarters of improvement, BCI in the third quarter of 2018 has worsened, dropping to 35.4 index points, which is a 4.2 index point loss over the previous quarter. The BCI drop is based on lowering expectations and worsening of past performance in many business sectors. Compared to other sectors, manufacturing assessed their past performance and expectations the most pessimistically. In contrast, the agriculture sector is the most positive, reflecting a high season in production.

Application for Grants Financing Technology for New Markets Open in Georgia
31 August 2018

An open call for prospective enterprises developing cleantech products, systems, processes, or services has been announced. The projects should offer solutions in the area of climate change adaption or mitigation, ecosystem services, renewable energy, water, and sanitation or urban development.

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