04
March
2019
A study of the Georgian tea sector’s competitiveness has been undertaken to reveal the potential for investment. The European Bank for Reconstruction and Development (EBRD) has been increasing its support for private sector development in Georgia which, alongside recent government reforms, is expected to improve the investment climate, giving further momentum to the EBRD's diversifying portfolio.
28
February
2019
Reaching European and international standards of insolvency proceedings is considered one of the most important priorities of the Georgian authorities and its international partners for creating enabling business environment and fostering sustainable growth and job creation in the country.
26
February
2019
On February 26, 2019, the APRC participated in a meeting on sustainable land management and green agriculture in Georgia. The event was organized by REC Caucasus and gathered more than 60 participants from the public and private sectors. The representatives of different organizations (e.g., GIZ, IFAD, FAO), as well as a number of farmers, shared information on their projects and activities related to climate-smart agriculture and sustainable land management in Georgia.
25
February
2019
The large and chronic water losses characterizing distribution networks constitute one of the major challenges faced by Georgian water utilities. The water supply generates approximately 700 million cubic meters of non-revenue water (NRW) each year1, considering just the urban centers. High water loss rates create excessive operational costs for the utilities and result in undesirable operational inefficiency in the water supply sector.
22
February
2019
ISET-PI’s leading GDP indicator forecast, made at the beginning of the year, was more precise. At the time, we predicted 4.6% annual growth in the worst-case, “no growth” scenario, and 5.6% in the best-case or “average long-term growth” scenario. While our “middle-of-the-road” scenario predicted the exact 4.8% real GDP growth.
