The OECD, in partnership with the ITF, is set to conduct an analytical study focusing on Türkiye, Georgia, Azerbaijan, and Kazakhstan—the key countries of the Middle Corridor. The study aims to pinpoint bottlenecks and reform requirements related to infrastructure, trade facilitation, and political support.
ISET Policy Institute, in partnership with UNDP, has launched a new project, entitled "Developing RIA SME Test Methodology for Georgia", with the aim of strengthening the Government’s capacity to analyze policy impacts on SMEs by providing essential tools, knowledge, and practical experience.
The study examines challenges to Georgia’s economic and democratic development that accompany growing presence of Russian business ownership in the country; and seeks to heighten awareness among key stakeholders (i.e. government, civil society organizations, development partners) and the Georgian public regarding the associated risks and threats.
This semi-annual report provides an analysis of economic trends, as well as denoting the challenges and opportunities (in local, regional, and global contexts) across selected value chains within six sectors to improve evidence-based decision-making through the provision of quality information and analytics.
Georgia’s new insolvency law – the Law of Georgia on rehabilitation and the collective satisfaction of creditors’ claims – became effective on 1 April 2021. Under which, if a business operating in Georgia has reached a low ebb and is no longer able to meet its financial obligations, it has the opportunity to regulate relations with creditors based on new legislative instruments – effectively, it is able to rehabilitate and return to the market in a viable manner, or, if necessary, it might declare bankruptcy and exit the market.