On 24 April, ISET Policy Institute, with support from the Swedish Embassy, met representatives from local non-governmental and international organizations, and from the Akhaltsikhe public and private sectors, in order to introduce its activities and key products.
Regulatory Impact Assessment (RIA) is a process of evidence-based policymaking, which helps in complying with better regulatory principles and designing better regulations. RIA is a tool for transparency of the legislative process. The issue of RIA institutionalization has been a commitment envisaged in the international and national policy documents of Georgia.
On 28 March, Director of the Pension Agency, Giorgi Danelia, and their Chief Investment Officer, Giorgi Melikidze, visited ISET and held a seminar for students and ISET Policy Institute representatives entitled: "Save for yourself, save for the future! - Money Week".
ReforMeter and the USAID Economic Governance Program hosted yet another public-private dialogue dedicated to assessing progress in regulatory impact assessment (RIA) institutionalization reform.
Prior to the current Insolvency Reform, Georgia’s legislative framework regulating insolvency proceedings fell short of meeting international standards – it did not meet neither creditors’ nor debtors’ needs and failed to offer incentives to the insolvent companies to choose rehabilitation as their optimal strategy for resolving financial difficulties.