In May 2024, Georgian power plants generated 1,411 mln. kWh of electricity. This represents a 6% increase in the total generation compared to the previous year (in May 2023, the total generation was 1,325 mln. kWh). The rise in generation on a yearly basis comes from an increase in generation of hydropower plant by 7%, while the generation of thermal and wind plants decreased by 100% and 14%, respectively.
Geostat has published its preliminary estimate of real GDP growth for April 2024, which stands at 11.8%. In addition, the estimated growth for the first quarter of 2024 reached 7.8%.
ISET’s Master in Finance program has received the CFA Institute affiliation, making it the only academic program in Georgia to achieve this honour.
In the past year or so Georgia has experienced significant declines in economic governance. In addition to the anti-democratic Law on Transparency of Foreign Influence (known as the Agents Law), several laws and legal amendments initiated by the ruling party and the Parliamentary majority have drawn significant attention from stakeholders, experts, and the general public.
The project aims to raise awareness and boost participation in the democratic process, fostering a strong and inclusive understanding of the benefits of EU integration for all age and ethnic groups in Georgia. Our goal is to communicate the tangible advantages of democracy and the EU path to Georgian youth and regional populations. Utilizing social media, we share compelling evidence highlighting the benefits of a European future for Georgia. The campaign is inclusive, with content available in Armenian and Azeri to reach minority groups.