30
May
2024
The recent amendment to Georgia’s tax code, known as the “offshores law,” has sparked significant concern regarding the integrity of Georgia’s financial system. This policy brief examines the implications of this amendment in the context of Georgia’s recent political and regulatory developments, which have raised alarms about the potential risks of money laundering and sanctions evasion.
24
May
2024
In April 2024, Georgian power plants generated 1,085 mln. kWh of electricity. This represents a 13% decrease in the total generation compared to the previous year (in April 2023, the total generation was 1,249 mln. kWh). The fall in generation on a yearly basis comes from a decrease in generation of hydro, thermal and wind power plants by 12%, 25% and 10%, respectively.
22
May
2024
The ISET Policy Institute has been closely monitoring and assessing the progress of pension reform for years. Respectively, we have reviewed the proposed changes and identified substantial risks for the effective organizational structure of the pension fund and the welfare of over 1.5 million participating citizens.
07
May
2024
The National Bank of Georgia (NBG) recently acquired 7 tons of high-quality monetary gold valued at $500 million, constituting approximately 11% of its total reserves. This marked the first occasion that Georgia acquired gold for its reserves since it regained independence.
03
May
2024
ISET Policy Institute, which since 2011 has been in service of the development agenda of the country through economic policy dialogue and evidence-based economic research condemns the government’s recent actions and reintroduction of the so-called ‘Russian Law’ that jeopardizes country’s European integration and puts its cooperation with authorities on hold until the Georgian government returns into service of the country’s European aspiration.
