The aim of the project was the development of multipliers to assess the indirect impact on job creation, investment, and enhanced revenues on the Georgian economy.

High and rising levels of foreign currency indebtedness have been an important topic in Georgia over the past several years. To address this issue and protect borrowers from currency risks, the National Bank of Georgia (NBG), as well as the Georgian Government have implemented regulations to hinder excess indebtedness. Let’s have a look at the timeline (Figure 1) of recent lending regulations and the accompanying monetary policy measures and observe their impact on changing lending patterns in the Georgian economy.

The topic of circular labor migration has recently received increased attention within the objective of reducing unemployment in Georgia. Circular migration Schemes (CMS) are widely recognized policy tools for reducing illegal migration and facilitating the return of migrants to their countries of origin. The Georgian government’s increased interest and efforts to develop circular migration deals with EU member states serve, on the one hand, the long-term objective of addressing the high levels of unemployment, and, on the other hand, to reduce illegal, and stimulate legal, migration.