ISET Policy Institute, in partnership with UNDP, has launched a new project, entitled "Developing RIA SME Test Methodology for Georgia", with the aim of strengthening the Government’s capacity to analyze policy impacts on SMEs by providing essential tools, knowledge, and practical experience.
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.
The Government of Georgia (GoG) started the process of institutionalizing RIA as an integral part of policymaking almost a decade ago. These efforts culminated with the realization of Ordinance No. 35, Tbilisi, 17 January 2020 (“ordinance” from here on).
On 22 December, ISET Policy Institute hosted an online event entitled “Where Georgia Stands on Regulatory Impact Assessments and what is next?”. Norberto Pignatti, ISET Policy Institute’s Lead Economist and Ph.D. in Economics from the University of Bologna, led the event and provided insights on regulatory impact assessment, a tool for high-quality policymaking.
The goal of the vocational education support programme is to promote the socioeconomic integration of internally displaced persons (IDPs) and ecomigrants and improve their living conditions by creating employment prospects, and it aims to do so by promoting the vocational education of IDPs and ecomigrants in order to increase their competitiveness in the labour market.