In the framework of mentorship, on May 18th, ISET Policy Institute met with the Georgian Cold Storage and Logistics Association (GCSLA) to discuss the challenges in the cold storage supply chain in Georgia and explore potential solutions to address these issues.

In April 2023, the average cost of cooking one standard portion of Imeretian khachapuri stood at 5.99 GEL. This latest average price is 1.4% higher than in April 2022. Whereas in month-to-month developments, the price of a single khachapuri experienced a significant decline of 8.0% compared to the previous month, March 2023.

Geostat has released its rapid estimate of real GDP growth for February 2023. The estimated growth stands at 5.8%, while the average real GDP growth for January-February 2023 reached 7.1%.

In economic literature, the effect of minimum wage on the labour market and its relevance as an anti-poverty, equality-enhancing policy tool, is a matter of vigorous debate. The focus of this policy brief is a hypothetical effect on poverty rates, particularly among women, following an increase in the minimum wage in Georgia.

In March 2023, the average cost of cooking one standard portion of Imeretian khachapuri stood at 6.54 GEL. The latest average price is 10.9% higher than in March 2022. Whereas in month-to-month developments, the price of a khachapuri decreased by 5.7% compared to the previous month, February 2023.