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
Read More »Verdict: FactCheck concludes that Roman Gotsiridze’s statement is TRUE.
MoreThe 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
MoreIn the past several months the world has been rocked by profound economic and social turbulence. The COVID-19 epidemic has forced many countries around the world into widespread emergency lockdowns. Economic activity plunged dramatically in February-March 2020, with rapid indicators showing strong
MoreThe FINANCIAL -- Giorgi Gakharia: Today we have the highest growing economy in the region, we have the fastest economic growth
MoreThe FINANCIAL -- Mamuka Khazaradze: In the last seven years, debt increased 2.5 times and reached GEL 22.5 billion whilst seven years ago it was nearly GEL 9 billion
MoreThe FINANCIAL -- Mountains cover 54% of Georgia’s territory. People living in those areas represent the most vulnerable group of Georgian society. Land erosion and climate changeare prevalent in the mountains; unsustainable use of natural resources (forests in particular) and limited access to
MoreThe FINANCIAL -- ALM's Vanguard report evaluates 24 organizations based on their capabilities to help clients improve the performance of back-office functions that support the workforce, including those in the corporate center, shared services centers, outsourced services, and captive operations.
MoreThe FiNANCIAL-- Analysis by PwC of over 1000 published reports from listed, private and public sector organisations, highlights that with only ten years to deliver the Sustainable Development Goals (SDGs), there is a great deal of work to be done if business
MoreThe FINANCIAL -- The Khachapuri Index reached its historical maximum in October 2019.
MoreThe FINANCIAL -- Historically, the main concern in monitoring the Georgian electricity market derives from the negative generation-consumption gap arising in the winter season. However, persistent electricity deficits over ten months between August 2018 and August 2019 suggest that the number of
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