The development of the ICT (Information and Communications Technology) service sector is one of the strategic priorities for the Georgian economy. The sector is characterized by the unique potential to contribute to the country’s long-term growth, create positive productivity spillovers into other industries, and, in the longer term, transform the existing industrial structure of Georgia by moving away from primary production and primary exports.
Recently, Geostat has released the preliminary estimate of real GDP growth for the second quarter of 2021, which now stands at 29.9%. The real GDP growth rate reached 9.9% year-on-year in July 2021. Consequently, the estimated real GDP for the first seven months of 2021 amounted to 12.2%.
The Georgian legislation remunerates salary at 100% for the duration of 6 months, the cap of 1000 GEL on benefits effectively puts the compensation for a woman and her child below the subsistence minimum.
More gender equity means more development. Improving gender equity is not only a goal with an intrinsic value. A substantial body of research highlights the linkages between gender equity and the achievement of other development goals, such as health, education, social and economic rights fulfillment, and even growth.
Adopted in 2000 by the International Labour Organization (ILO), the Maternity Protection Convention (C183) set the minimum standards that need to be implemented worldwide in order for pregnant women and working mothers to be adequately protected in the labour market. Since its adoption, 39 countries have ratified the Convention. Georgia, an ILO member since 1993, has not yet done so.