The gap closes In April 2020, total generation and consumption nearly balanced (944 mln kWh of generation and 941 mln kWh of consumption), with power generation exceeding consumption by only 3 mln. kWh (corresponding to 0.3% of total generation: Figure 1). This
More
A nationally representative sample of around 350 Georgians, interviewed in early May, reveals that Georgian Consumer Confidence rose in May compared to the prior month, by 8.1 index points, from -48.3 in April to -40.2 in May. This follows rapid declines in
More
Economic growth – a bird’s eye view of 2019 According to Geostat, the 2019 real GDP growth in Georgia was 5.1% year-over-year (YoY). This figure moderately surpassed NBG’s, ADB’s, EBRD’s, IMF’s and the World Bank’s latest growth projections for 2019, which range
More
APRIL 2020: Georgian CCI Reaches A Historic Low, Pushed By Unemployment/Financial Fears. Do Families Have Enough Resources To Live On Until The End Of May? Sixty Percent of Responders Said No
More
The consequences of COVID-19 on tourism and in the industrial and service sectors have been discussed broadly recently. However, little has been said about the current and future implications on the Georgian power sector. The worldwide pandemic has already had, and is
More