In November 2024, the average cost of preparing a standard portion of Imeretian Khachapuri increased to 6.77 GEL, marking a 2% rise from October 2024 and a 4.8% increase compared to November 2023. This seasonal rise in the Khachapuri Index is primarily driven by higher milk and dairy product prices, resulting from a seasonal decline in fresh milk availability and increased reliance on imported milk powder.
On Tuesday, 26th November, ISET Policy Institute hosted an insightful seminar by Dr. Christophe Cordonnier, a distinguished international expert in Historical Economics. The event, organized in collaboration with the French Georgian University, took place at ISET in Tbilisi and brought together a diverse audience of academics, students, and professionals.
GeoStat has published its preliminary estimate of real GDP growth for September 2024, which stands at 8.3%. In addition, the estimated growth for the first, second, and third quarters of 2024 reached 8.4%, 9.6%, and 11.1%, respectively. Consequently, the average real GDP growth from January to September 2024 reached 9.8%.
This is a working note outlining the initial processes behind the SME Test Methodology. It is a notable deliverable part of the Developing an RIA SME Test Methodology for Georgia, while strengthening the capacity of the Government of Georgia to utilize SME RIA tools in practice Project, as funded by the UNDP and led by ISET Policy Institute.
PMCG and ISET Policy Institute organized a validation workshop for their joint research project "Sub-sector/Value Chain Analysis for Georgian SME Export Growth." The event took place on November 14, 2024, at the Courtyard by Marriott in Tbilisi.