Prior to the current insolvency reform, Georgia’s legislative framework regulating insolvency proceedings fell short of meeting international standards – it did not meet neither creditors’ nor debtors’ needs and failed to offer incentives to the insolvent companies to choose rehabilitation as their optimal strategy for resolving financial difficulties.

The first MediaTOR training module on “Reporting on Economy” is approaching its end. This particular module was led by Maka Antidze – a Georgian reporter with extensive international journalistic experience.

ISET Policy Institute hosted the first Public-Private Dialogue on Insolvency Reform under our “ReforMeter” project. The PPD was attended by various stakeholders engaged in or affected by the reform. Attendees included reform implementing agencies – the Ministry of Justice (MoJ), the Training Center of Justice (TCJ), the National Bureau of Enforcement (NBE), the Business Rehabilitation and Insolvency Practitioners Association (BRIPA) – as well as representatives from other donor organization, business associations, and consulting groups.

On December 16, 2021, at Radisson Blue Iveria Hotel, ISET Policy Institute, Internews Georgia, and the USAID Economic Governance Program held a hybrid event introducing MediaTOR, a platform for supporting fact-based economic journalism. The aim of the project is to increase the role and participatory power of media in the economic reform implementation process in Georgia.

On November 10, 2021, ISET Policy Institute introduced ReforMeter, the platform designed as a Georgian Reform Progress Tracking System, one which critically informs beneficiaries and stakeholders about how the latest economic reforms are developing.