On January 31, ReforMeter and the USAID Economic Governance Program hosted a second public-private dialogue dedicated to assessing the progress of the water resource management reform. The reform assessment includes an overview of the activities outlined and executed under the new law "On Water Resources Management" that was adopted by the Parliament of Georgia on June 30, 2023.
Geostat has released its rapid estimate of real GDP growth for November 2023. The estimated growth stands at 5.9%, while the average real GDP growth for January-November 2023 reached 6.9%.
The policy brief presents a Computable General Equilibrium (CGE) model designed for Georgia by the ISET Policy Institute to evaluate the impact of potential new Free Trade Agreements (FTAs) with the USA, India, and South Korea.
In a compelling retrospective, the ISET Policy Institute held a policy roundtable showcasing their recent research on 'What Georgia Could Gain from Free Trade Agreements with the USA, South Korea, and India.' The event took place on January 26, at the Radisson Blu Iveria Hotel.
In 2023, Georgian power plants generated 14,396 mln. kWh of electricity, record high generation for a single year. This represents a 1% increase in total generation, compared to the previous year (in 2022, total generation was 14,247 mln. kWh). The increase in generation on a yearly basis comes from the increase in hydropower generation (1%) and thermal power (2%), while wind power generation decreased (-2%).