The Policy Brief predicted potential for Georgia to specialise in the international provision of business services (PP/01/2015). Potential was predicted in the service trade category of “other business services”, encompassing mainly.

ISET-PI and GET have predicted the potential for Georgia to specialize in the international provision of business services. This potential can be primarily applies to the following practices: Operational leasing services, Legal and accounting services, Management consulting and public relations, advertising, market research, R&D, architectural and technical services.

An average Georgian household spends more than 40% of its budget on food. It, therefore, stands to reason that Georgian consumers are quite sensitive to food prices, which may be very good news considering recent developments in global commodity markets. According to the latest World Bank’s Food Price Watch, “international food prices declined by 14% between August 2014 and May 2015, sliding into a five-year low.”

ISET-PI and GET have predicted the potential for Georgia to specialize in the production of energy-intensive goods such as: Aluminum (unwrought, bars and rods, foil), Zinc (Unwrought) and Fertilizer mixtures.

The Debt Management Specialist’s initial focus was an assessment of the public debt management legal environment, institutional coordination and arrangements, public debt management initiatives and capacity, public debt portfolio composition, and macroeconomic condition in Georgia. This report provides a general overview of these fore mentioned components.