The real GDP growth rate reached 5.7% y/y in October 2019. As a result, the estimated real GDP growth for the first ten months of 2019 was 5.1%. ISET-PI’s real GDP growth forecast for the fourth quarter of 2019 remains at 4.4%.

According to the Georgian socio-economic development strategy, “Georgia 2020”, the economic politics of the Georgian government is based on the following principles:

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.

Results of the analyses are expected to contribute to the assessment of changes in trade patterns between Georgia and CAREC countries due to upcoming EU food safety regulations and standards as well as potential costs associated with those restrictions for both parties.

Currently, Chinese cities have a 25% share of the world’s municipal solid waste, where the majority of this waste constitutes organic waste. The Chinese Academy of Science and the World Wild Fund states that restaurants and schools are wasting about 33 % of the food they serve.