Seasonal Effects and COVID Lockdown Combined Close the Generation-Consumption Gap in April
19 June 2020

In April 2020, total generation and consumption nearly balanced (944 mln kWh of generation and 941 mln kWh of consumption), with power generation exceeding consumption by only 3 mln. kWh (corresponding to 0.3% of total generation: Figure 1). This occurred due to the simultaneous decrease in total consumption (7%) and total generation (2%). Interestingly, over the same period, wind power generation increased by a remarkable 23% compared to April 2019.

Playing Against the Odds: What’s at Stake for Georgia as It Bets on the Tourism Revival Strategy?
12 June 2020

Georgia reacted to the COVID-19 pandemic by immediately introducing aggressive measures. Closing international borders, declaring a state of emergency, shutting down public transportation, banning local travel and public gatherings, closing restaurants and shopping malls, and introducing a nighttime curfew—these are all instruments that were used by the country’s government and health authorities to stop the spread of the virus. As a result, the health system was not overwhelmed with COVID-19 patients.

May 2020 GDP Forecast | Coronavirus realities: dismal Q2 and Q3 growth forecasts may not be low enough
09 June 2020

The estimated real GDP declined by 16.6% in April 2020 yearly and by 3.6 percent in the first four months of 2020. In April, the estimated real growth compared to the same period of the previous year posted negative in almost all activities, except mining and quarrying. Moreover, VAT payers’ turnover, used in rapid estimations of economic growth, dropped by 32.8% annually over the same period.

Survey on the impact of COVID-19 in the ICT sector
08 June 2020

While COVID-19 pandemic had a negative impact on the current investment expenditure of Georgian ICT companies, investment and hiring is set to increase in the future for most firms in this sector.

ISET brings together experts in second discussion panel, hosts high-level discussion on higher education post-pandemic
11 May 2020

May 11 saw the second discussion in ISET's ongoing series of international policy online panels which examine the possible socio-economic effects of the COVID-19 pandemic. The second panel was dedicated to what the higher education sector will look like when the pandemic is declared to be over.