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On 18 March, representatives from the ISET Policy Institute visited Kutaisi International University to introduce ISET Policy Institute’s core activities, products, and ongoing projects to students and university staff.
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In April 2022, the average cost of cooking one standard Imeretian khachapuri increased to 5.86 GEL, which is 0.3% higher month-on-month (compared to March 2022) and 30.7% higher year-on-year (from April 2021).
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For the second quarter of 2022, business confidence in Georgia decreased (by 2.2 index points) and reached 15.1. The highest decrease in business confidence is observed in construction (-29.7), and wholesale and retail trade (-7.6) sectors. The negative change in BCI for Q2 2022 was driven by significantly worsened past performance.
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Circular economy and integrated waste management are both concepts we often hear when discussing issues of ecological well-being or climate change. This way of imagining the economy has already gained a foothold in many countries. The idea of the circular economy itself implies a different attitude towards patterns of production and consumption, that which aims to minimize wasted resources.
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In March 2022, Georgian power plants generated 1,077 mln. kWh of electricity (Figure 1). This represents a 63% increase in total generation, compared to the previous year (in March 2021, the total generation was 661 mln. kWh).