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 -- The average cost of cooking one standard portion of Imeretian khachapuri increased up to 3.63 GEL in September 2017. This is 5.4% higher m/m (compared to August 2017), and 6% higher y/y (compared to September 2016).
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The FINANCIAL -- Economy
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The FINANCIAL -- If you are big city dweller but have sometimes caught yourself daydreaming about living in a peaceful and picturesque town or village, you’re not alone. Recent studies suggest that more millennials than ever from the developed world are saying
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The FINANCIAL -- In September 2017 DAIRY prices increased by 9.9% compared to August 2017 and this was the biggest month-to-month increase in the last 12 months, while compared to September 2016 the price increase was 9.3%.
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The FINANCIAL -- In August 2017, Georgian power plants generated 1,035 mln. kWh of electricity. This corresponds to an 8% increase in total generation in comparison with the previous year (in 2016, total generation in August was 957 mln. kWh), mainly due
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The FINANCIAL -- In September 2017, the average cost of cooking one standard Imeretian khachapuri varied across Georgian cities, from 3.33 GEL (the minimum observed in Tbilisi), to 3.85 GEL (the maximum observed in Telavi). The average price was 3.63 GEL, which
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The FINANCIAL -- Economy
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The FINANCIAL -- Georgian Consumer Confidence (CCI) continued to improve in August 2017, gaining almost 5 index points over the previous month (July 2017) and more than 12 points over August 2016.
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The FINANCIAL -- Economy
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The FINANCIAL -- Georgia’s annual growth rate for 2017 looks set to reach (or even exceed) the Georgian government’s 4% target. According to the preliminary statistics released by GeoStat, Georgia’s real GDP growth was 4% year over year (YoY) in Q2 2017.
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