On November 28, ISET Policy Institute held a free Regulatory Impact Assessment (RIA) basic course for local government officials. RIA is one of the best mechanisms for evidence-based policy development, and the preparation of it became mandatory for a number of normative acts initiated by the government since 2020.
In a collaborative effort between the ISET Policy Institute, Konrad Adenauer Stiftung, the Vienna Institute for International Economic Studies, and Bertelsmann Stiftung, a public discussion titled "Keeping Friends Closer: Why the EU should address new geo-economic realities and deepen partnerships with its neighbors" took place on 28th November 2023, at ISET.
In November 2023, the average cost of preparing a standard portion of Imeretian Khachapuri continued its upward climb, reaching 6.47 GEL. This represents a 5.5% increase from the previous month (October 2023) and a 6.9% decrease compared to the same period last year (November 2022).
In October 2023, Georgian power plants generated 1,043 mln. kWh of electricity. This represents a 1% increase in the total generation compared to the previous year (in October 2022, the total generation was 1,034 mln. kWh). The rise in the generation on a yearly basis comes from an increase in thermal power generation by 179%, while the generation of wind and hydro power plants decreased by 11% and 30%, respectively.
In a landmark event held today, key stakeholders gathered to explore and introduce a groundbreaking