The term “dollarization”, commonly used among academic economists and finance specialists, has already entered Georgians’ everyday vocabulary. Few people, however, understand what dollarization is, how it comes about and why they should care. Below we try to fill this gap, explaining some basic concepts and discussing why and how dollarization affects ordinary people’s lives.

In 2021, Georgian power plants generated 12,645 mln. kWh of electricity. This represents a 13% increase in total generation compared to the previous year (in 2020, total generation was 11,160 mln. kWh). The increase in generation on a yearly basis came from the increase in hydropower generation (23%), which more than offset the decrease in thermal power (-16%), and wind power generation (-8%).

On February 2, the ISET Policy Institute Director, Tamar Sulukhia, introduced the EaP Regional Road Safety Observatory to various civil society organizations from the Eastern Partnership region – Armenia, Azerbaijan, Georgia, Moldova, and Ukraine. This regional road safety workshop was organized by the World Bank, supported by the European Commission.

Prior to the current insolvency reform, Georgia’s legislative framework regulating insolvency proceedings fell short of meeting international standards – it did not meet neither creditors’ nor debtors’ needs and failed to offer incentives to the insolvent companies to choose rehabilitation as their optimal strategy for resolving financial difficulties.

The first MediaTOR training module on “Reporting on Economy” is approaching its end. This particular module was led by Maka Antidze – a Georgian reporter with extensive international journalistic experience.