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Quarter 1 2023, Macro Review | Georgian economy moves ahead, but fears of global headwinds mar the start of 2023
03 July 2023

The global economy remains in a volatile state amid the prolonged effects of the combined negative shocks of the pandemic, Russia’s invasion of Ukraine, high inflation, and the tightening monetary policy. Although the global economy remained resilient at the beginning of the year, the situation is expected to worsen.

Agricultural exports to the EU: does public sector support have a say?
29 May 2023

On 27 June 2014, Georgia and the EU signed the Association Agreement (AA), including the Deep and Comprehensive Free Trade Agreement (DCFTA), which fully entered into force on 1 July 2016. The goal of the DCFTA is to provide a framework for new trade opportunities, enhance competitiveness in the business sector, and support closer economic integration between Georgia and the EU based on reforms in trade-related fields.

Quarter 4 2022, Macro Review | Georgian economy 2022 – the year in review
10 April 2023

In 2022 Georgia stayed on the path of recovery, exceeding experts’ expectations of economic performance. According to GeoStat’s preliminary estimates, the real GDP continues to show double-digit growth rates, measuring at 10.1% y/y in 2022 – which is remarkably close to the NBG’s real GDP growth expectation of 10% from October 2022.

ISET Policy Institute hosts roundtable discussion on the impact of public spending on agricultural exports to the EU
31 March 2023

ISET Policy Institute hosted a roundtable discussion on March 31 at Rooms Hotel Tbilisi, where participants discussed the impact of public spending on agriculture in relation to the value and destination of agricultural exports, particularly to the European Union (EU).

Overview of the hazelnut sector in Georgia: past trends and the way forward
20 February 2023

Historically, hazelnuts have been one of Georgia’s main crops in terms of economic value; as the country is located on the Black Sea coastal area, which has suitable soil and climate conditions for growing hazelnuts. Even as early as the fourth century B.C., populations grew wild forms of hazelnut, which later adapted to local conditions and formed regional varieties (GEONUTS, 2023).

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