On 7 July ReforMeter, the USAID Economic Governance Program, and the Tourism Institute jointly hosted a public-private dialogue to discuss the progress of tourism reform with local stakeholders in Batumi, Georgia.

On June 28, ReforMeter and the USAID Economic Governance Program hosted yet another public-private dialogue dedicated to assessing progress in water resource management reform. The draft law on "Water Resources Management" stipulates the establishment of a river basin management system and the introduction of economic instruments for water consumption.

On June 2, ReforMeter and the USAID Economic Governance Program hosted yet another public-private dialogue dedicated to assessing progress in capital market development reform. The assessment of the capital market development reform includes an overview of the activities planned and implemented within the capital market development strategy for 2023-2028.

In Georgia, a new law on “Water Resources Management" has been drafted, which involves significant and complex legislative changes. The country will have a new, unified system of managing water resources based on international approaches after the proposed law is implemented, satisfying the requirements set forth in the Association Agreement (AA) concluded with the European Union (EU).

There will always be “winners” and “losers” in a market economy, which entails constant competition between companies for access to limited resources. The loser in this case is a company that is unable to pay its financial obligations on time and thus becomes insolvent.