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September 2024 | Georgia sustains robust growth outlook: strengthened external sector and expanded lending drive economic momentum
23 September 2024

Geostat has published its preliminary estimate of real GDP growth for July 2024, which stands at 13%. In addition, the estimated growth for the first and second quarters of 2024 reached 8.4% and 9.5%, respectively. As a result, the average real GDP growth from January to July 2024 was 9.7%.

Enhancing Export Potential of Georgian SMEs in Selected Sectors
02 September 2024

This joint initiative by ISET Policy Institute and Policy and Management Consulting Group, supported by the United Nations Development Programme (UNDP) and the European Union (EU), aims to boost Georgian SMEs' exports to European markets.

Cost-Benefit Analysis of Climate Change Adaptation and Mitigation Options in Selected Sectors in Georgia
26 August 2024

The project, Cost-Benefit Analysis of Climate Change Adaptation and Mitigation Options in Selected Sectors in Georgia, supports the World Bank’s Country Climate and Development Report (CCDR) by providing an in-depth analysis of the agriculture and tourism sectors.

Health hidden costs of agri-food systems: drivers and policy lessons in the South Caucasus
22 July 2024

For the countries in the South Caucasus, health hidden costs amount to 87%, 88%, and 92% of the total quantified hidden costs of agri-food systems. In terms of the share in GDP, they subsequently comprise 18%, 16%, and 22%, respectively.

Business Confidence Index: Downturn in confidence continues
19 July 2024

For the third quarter of 2024, business confidence in Georgia decreased (by 2.8 index points) and reached 13.6. The highest decrease in business confidence is observed in the construction (-12.5) sector. The negative change in BCI for Q3 2024 was driven by less optimistic expectations.

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