20
January
2017
Geostat has published its rapid estimate of real GDP growth for the fourth quarter of 2016. The estimated growth stands at 1.2%, which is 1.7% lower than the value forecasted in the last update of our model. Given the latest data, Georgian real GDP growth in 2016 is estimated as having been 2.2% (0.5 percentage points lower than projected by our model).
16
January
2017
Driven by the sharp seasonal increase in the price of Imeretian cheese, the average cost of cooking one standard Imeretian Khachapuri in December 2016 stood at 3.62 GEL. The Index reached its lowest value (3.51 GEL) in Batumi; the maximum was observed in Kutaisi and Tbilisi (3.75 GEL and 3.63 GEL, respectively). The average price of 3.62 GEL is 4.2% higher compared to the previous month (November 2016), and 4.0% lower compared to December of last year.
13
January
2017
An ISET-PI team led by EEPRC’s Head Norberto Pignatti is conducting a Regulatory Impact Assessment (RIA) on Law of Water Resources Management.
30
December
2016
In December 2015 the State Commission on Migration Issues (SCMI) adopted a Medium Migration Profile (MMP). The MMP was elaborated with the active participation of all its member state agencies and the support of a project funded.
24
December
2016
Farmers can be much more effective if they have up-to-date information, on prices, practices, and weather. With mobile phones and mobile Internet, they can get this information when, where, and how they need it. The promise of the Internet for agriculture has been a popular idea, and in Georgia, too, policymakers and donors have begun to explore the options. Some pilot projects seek to program specific platforms for farmers, in order to inform and engage them.
