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
Georgia reacted to the COVID-19 pandemic by immediately introducing aggressive measures. Closing international borders, declaring a state of emergency, shutting down public transportation, banning local travel and public gatherings, closing restaurants and shopping malls, and introducing a nighttime curfew—these are all instruments
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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
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COVID-19 has challenged all of us globally with an entirely new reality. Many of us are housebound and international borders and public transport systems have been heavily curtailed. People are limiting the amount of time they spend outside and
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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
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The consumer landscape has changed dramatically as a result of the COVID-19 pandemic. This is a challenging time for many people as their home and work situations have been completely transformed.
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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
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Ivane Machavariani, Minister of Finance: “GEL 1,200 in assistance for six months is little but the US is giving USD 1,200 to the part of the population which meets the income criteria. Taking into account the purchasing power, we are giving almost
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Verdict: FactCheck concludes that Roman Gotsiridze’s statement is TRUE.
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Memories of idyllic beaches and sonorous waves may seem far away while we remain at home. Yet, we need not look far to appreciate the enduring history of the ocean in Asia and the Pacific. For generations, the region has thrived on
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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
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