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Quarter 3 2022 | Macro Review: A perfect storm of global challenges in 2022 tests the resilience of the Georgian economy
26 December 2022

The third quarter of 2022 was marked by a “perfect storm” of global challenges. Due to the ongoing geopolitical, economic, and ecological turbulence, with inflation reaching its highest point in decades, the world economy remains volatile.

ISET hosts IMF Regional Economic Outlook presentation on the Caucasus and Central Asia
16 December 2022

On 16 December 2022, ISET Policy Institute introduced the “Caucasus and Central Asia Regional Economic Outlook” presentation, led by Selim Cakir, the International Monetary Fund’s (IMF) Resident Representative for Georgia. Mr. Cakir discussed the key challenges affecting the economy throughout the region.

December 2022 | GDP forecast predicts a slower start to 2023 as inflation driven by food and energy prices remains a challenge to the economy
12 December 2022

Geostat has updated its estimates for the first three quarters of 2022, Q1 2022 growth rate now stands at 15%, while the annual growth rates for Q2 and Q3 slightly increased to 7.2% and 9.8%, respectively. The real GDP growth estimate for the first eleven months of 2022 is 10%.

November 2022 | Annual growth projected to reach the highest value in years, driven by migration, tourism, and trade
14 November 2022

According to Geostat’s updated estimate, the Q3 2022 growth rate stands at 9.7%. As a result, the real GDP growth estimate for the first nine months of 2022 is 10.2%.

Giorgi Papava from ISET Policy Institute discusses the state budget project
28 October 2022

On 28 October, Giorgi Papava, lead economist at ISET’s Policy Institute, took part in an event organized by the Institute for the Development of Freedom of Information (IDFI), the main topic of which was the 2023 budget project.

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