On 21 December, ISET Policy Institute hosted an online event entitled “Impacts of the War in
On 6 December, Yaroslava Babych, Lead Economist of the ISET Policy Institute, participated in an annual event Development Day hosted by the Stockholm Institute of Transition Economics (SITE) in Stockholm, Sweden.
In November 2022, the average cost of cooking one standard portion of Imeretian Khachapuri continued its upward trend and reached 6.90 GEL. The latest average price is 4.9% higher month-on-month (compared to October 2022) and 27.3% higher year-on-year (compared to November 2021).
A world without poverty is the number one goal of the 2030 Agenda for Sustainable Development. Yet, poverty risks have been exacerbated globally in recent years, due to both the COVID-19 pandemic and the Russian war on Ukraine. Researchers currently estimate that between 760 and 873 million people around the world will be living in extreme poverty in 2022.
Worsened CCI. The Consumer Confidence Index fell from -24.1 in September to -28.3 in October (a 4.2 index point decline). Both the Expectations Index and the Present Situation Index moved downwards in tandem, declining by 3.3 and 5.1 points, respectively.