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Why the National Bank of Georgia is ditching dollars for gold
07 May 2024

The National Bank of Georgia (NBG) recently acquired 7 tons of high-quality monetary gold valued at $500 million, constituting approximately 11% of its total reserves. This marked the first occasion that Georgia acquired gold for its reserves since it regained independence.

April 2024 | National and foreign currency deposits, merchandise trade, and remittances: key drivers of Georgia's April 2024 GDP forecast
25 April 2024

Due to a recent update in Geostat's GDP calculation methodology in December, revised growth rates show an upward trend compared to the previous month's figures. Consequently, our forecast for GDP growth has been adjusted upwards to reflect this change.

The new draft law on amendments to the tax code of Georgia
24 April 2024

As the subject law emerged unexpectedly in the legislative sphere and was processed and approved at

Russian wheat policies and Georgia's strategic responses
23 April 2024

International wheat prices have emerged as a significant policy concern in recent years, notably during the Covid-19 pandemic and Russia's war in Ukraine, as Russia has been known for periodically halting its grain exports to impact global prices. Georgia heavily depends on wheat imports from Russia, with over 95% of its wheat historically sourced from there.

ISET Policy Institute hosts roundtable on Russia's wheat policies and Georgia's response
23 April 2024

On April 23 ISET Policy Institute hosted aan yet another roundtable discussion on "Russian Wheat Policies and Georgia's Strategic Responses".

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