19
June
2017
In the middle of June, food prices increased by 5.0% on an annual basis (that is, compared to June 2016), but decreased by 0.3% on a monthly basis (that is, compared to May 2017). During the last two weeks, greens, potatoes, and cabbage showed the biggest increase in prices by 29.4%, 23.8%, and 23.3%, respectively. In the meantime, tomato, cucumber and cheese prices dropped by 26.8%, 15.7% and 7.1%, respectively.
15
June
2017
On June 15, representatives from the World Bank, UNICEF, and ISET gathered to analyze challenges and achievements in Vocational Education and Training (VET) in Georgia, as a part of the Education Policy Forum. The event was opened by Ozan Sevimli (the World Bank Program Coordinator for the South Caucasus), Ms. Laila Omar Gad (UNICEF's Representative to Georgia), Eric Livny (President of ISET), and Ketevan Natriashvili (Deputy Minister of Education).
12
June
2017
With 6.3 million tourists visiting the country in 2016, Georgia has become a popular tourist destination. In May, the number of international visitors (those who stayed in the country 24 hours or more) increased annually by 19% (compared to the same month in the previous year). While Tbilisi Airport is the main border-crossing point, in May, Batumi Airport overshot Kutaisi Airport, famous for its low costs flights, and experienced a 20% annual increase in the number of arrivals.
10
June
2017
In just a couple of weeks Baku is going to host the second Formula One Grand Prix in its history. Being in love with motor races and inspired by the fact that for the first time in my life I will attend such an important race (and the Land of Fire); I tried to explore the economic impact of hosting expensive international events for one’s country.
07
June
2017
On June 7, during his visit to Georgia, Mr. Anthony De Lannoy, the Executive Director of the IMF who represents Georgia along with the other 15 countries at the IMF Board of Directors, addressed an audience of ISET researchers, students, and management, as well as senior representatives of the National Bank of Georgia, with an overview of the IMF and its cooperation with Georgia.
