On 27-28 May, ISET organized a Data Hackathon in the framework of the “Building Capacity in Modern Data Analysis in Georgia”, a project being carried out with Tartu University.
Land O'Lakes International Development is leading an innovative, demand-driven Safety and Quality Investment in Livestock (SQIL) project to improve food safety and quality within Georgia’s dairy and beef value chains. The project is funded by the U.S. Department of Agriculture (via Food for Progress) and aims to reduce losses, improve food safety and quality from farm to fork, and to boost competitiveness, productivity, and trade within the Georgian dairy and beef market systems.
In the last two weeks, the lari depreciated, once again, against the US dollar. Georgian currency lost about eight tetri against its American counterpart, causing quite a stir in the media, among political groups and economic experts. While government authorities claimed that the recent developments are short-term fluctuations driven by negative expectations, Turkish lira depreciation, dollar’s global strengthening, and are therefore not connected to the fundamentals of the Georgian economy, the members of the opposition were quick to blame incompetent fiscal and monetary policy.
ISET Policy Institute implemented the project Shadow Analysis for Georgia in partnership with Ernst & Young Poland. Under the framework of the project, the ISET -PI team performed the following activities:
According to Geostat’s rapid estimates of GDP growth, Georgia’s economy continues expanding at a moderately high pace, reaching 4.7% in the first quarter of 2019. Geostat’s Q1 growth figure fell below the National Bank of Georgia’s (NBG) 5% projection for annual growth in 2019. Meanwhile, based on the March data, ISET PI’s annual GDP growth forecast was 4.9%.