Education in Georgia is essentially the responsibility of the public sector (the vast majority of total enrolmentin the case of General education) and has received a lot of attention in recent years with public outlays to the sector tripling between 2010 and 2019 to reach 3.6 percent of GDP. This remains low by OECD standards, however: OECD countries spend on
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Volski: “The ministers’ salaries have decreased significantly as compared to 2012. The
The FINANCIAL -- Georgian consumer sentiment remained practically unchanged in February 2018, extending a fairly long trend of stability (or stagnation) that goes back to at least August 2017.
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The FINANCIAL -- In April 2018, the average cost of cooking one standard Imeretian khachapuri declined to 3.29 GEL, which is 7.4% lower month-on-month (that is, compared to March 2018), and 1.0% lower year-on-year (compared to April 2017).
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The FINANCIAL -- Economy
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The FINANCIAL -- In March 2018, DAIRY prices continued declining trend — the drop was as low as -7.1%, compared to the last month. Due to this change, the gain in the year-to-year AGRIndex also shrunk and reached +3.7% — the lowest
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The FINANCIAL -- The second half of 2017 lacked any drama, at least as far as Georgian consumer confidence (CCI) is concerned.
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The FINANCIAL -- Economy
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The FINANCIAL -- In March 2018, the average cost of cooking one standard Imeretian khachapuri declined to 3.55 GEL, which is 3.2% lower month-on-month (that is, compared to February 2018), and 4.2% higher year-on-year (compared to March 2017).
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The FINANCIAL -- In February 2017, Georgia experienced the largest gap between generation and consumption in the last decade. This was followed by an even greater gap in March 2017.
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The FINANCIAL -- Economy
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The FINANCIAL -- Compared to the previous month, in March 2018, the AGRIndex increased marginally by 0.3%. The biggest price-gainers were FRUIT (+7.8%) and VEGETABLES (+5.2%), but the decline in DAIRY (-7.1%) prices largely offset the price gain. As far as the
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