On April 23 ISET Policy Institute hosted aan yet another roundtable discussion on "Russian Wheat Policies and Georgia's Strategic Responses".

In March 2024, Georgian power plants generated 1,130 mln. kWh of electricity. This represents an 11% increase in the total generation compared to the previous year (in March 2023, the total generation was 1,019 mln. kWh). The rise in generation on a yearly basis comes from an increase in the generation of thermal and wind power plants by 90% and 20%, respectively while hydropower plant generation decreased by 10%.

An international workshop on agricultural value chains in the South Caucasus region will take place in Tbilisi, Georgia, from 3 to 5 October 2024. Contributions can be submitted from now on.

Following the collapse of the Soviet Union, Georgia faced significant economic challenges, including political instability and conflicts. This resulted in a severe economic recession in the 1990s, with GDP contracting sharply.

Similar to the year 2022, Georgia stayed on the path of economic recovery from COVID-19 in 2023 as well. According to GeoStat’s preliminary estimates, the real GDP continues to show a relatively high growth rate, measuring at 7.5% y/y in 2023 – which is remarkably higher than the NBG’s real GDP growth expectation of 6% from October 2023.