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Assisting the Ministry of Regional Development and Infrastructure of Georgia to Introduce Performance Evaluation Systems

21-Feb-2018

Assisting the Ministry of Regional Development and Infrastructure of Georgia to Introduce Performance Evaluation Systems

We are working with the the Ministry of Regional Development and Infrastructure of Georgia (MRDI) to develop a performance evaluation framework, as part of a consortium led by Tetra Tech ARD, within the USAID-funded Good Governance Initiative (GGI). The newly adopt...

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Enhancing Access to Justice Services in Azerbaijan

20-Feb-2018

Enhancing Access to Justice Services in Azerbaijan

We have started working with the Ministry of Justice of the Republic of Azerbaijan to improve access to, and delivery of, justice services through improved management of sector resources, by preparing a Sector Expenditure and Efficiency Review (SEER).The SEER is necessa...

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Supporting Tajikistan to Strengthen its Strategic Planning

15-Feb-2018

Supporting Tajikistan to Strengthen its Strategic Planning

We recently launched a project supporting the Department of Strategic Planning and Reforms of Tajikistan to strengthen its strategic planning and policy coordination and to ensure better integration of strategic decisions and current policies. PMCG will provide ins...

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Three New Grants to Support Georgian Municipalities to Promote Local Economic Growth

14-Feb-2018

Three New Grants to Support Georgian Municipalities to Promote Local Economic Growth

On February 7, three Georgian municipalities – Bolnisi, Gori, and Tbilisi - were selected to receive a total of around 1.4 mln euro of grant funding from the European Commission (EC). The decision followed a call for proposals from the local administrations of East...

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Georgia Ranked 5th in Open Budget Index Rankings

02-Feb-2018

Georgia Ranked 5th in Open Budget Index Rankings

Georgia has risen to 5th place in the Open Budget Index Rankings 2017 recently released by the International Budget Partnership. This achievement is a credit to the Government of Georgia, and numerous other parties. Indeed, PMCG has certainly made a notable contribution...

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Georgia as a Transit Hub and its Increasing Potential in the Implementation of the Belt and Road Initiative

25-Jan-2018

Georgia as a Transit Hub and its Increasing Potential in the Implementation of the Belt and Road Initiative

On January 25, at 10:30 am, PMC Research hosted a presentation and public discussion of the research findings “Georgia as a Transit Hub and its Increasing Potential in the Implementation of the Belt and Road Initiative”. The research aimed to highlight Georgia’s potenti...

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Meet Our New Executive Director

17-Jan-2018

Meet Our New Executive Director

We are delighted to welcome Tamar Japaridze to our team as our new Executive Director after the position was vacated by Olia Watt who moves on with our best wishes to the Georgian National Communications Commission (GNCC).Tamar brings with her an impressive 17 years of ...

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Contributing to Improving Tax Policy Analysis in Ethiopia and Ghana

16-Jan-2018

Contributing to Improving Tax Policy Analysis in Ethiopia and Ghana

We have recently launched a project with the purpose of conducting an external evaluation of the pilot program “Improving Tax Policy Analysis and Development in Partner Countries (TaxDev)”, which is being delivered by the Institute of Fiscal Studies (IFS).The project is...

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Ifo World Economic Survey (Third Quarter of 2017)

04-Dec-2017

Ifo World Economic Survey (Third Quarter of 2017)

The ifo Institute is one of the leading economic research institutes in Europe, and publishes its World Economic Survey (WES) on a quarterly basis. The Ifo World Economic Survey is designed to give an accurate picture of the current economic situation and forecasts f...

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Trainings Conducted as part of the “Civil Society Organizations Supporting Free Trade with Europe” Project

14-Nov-2017

Trainings Conducted as part of the “Civil Society Organizations Supporting Free Trade with Europe” Project

In September and October 2017, PMC Research Center conducted trainings and stakeholder meetings about value chain analysis methods in seven regions of Georgia. More specifically, the trainings were carried out for civil society organizations (CSOs) in Kakheti, Kvemo Kar...

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PUBLICATIONS

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100: Georgian Economy - Overview, 2007-2017

16-Jan-2018

100: Georgian Economy - Overview, 2007-2017

The 100th edition of Economic Outlook and Indicators happily coincides with PMCG’s 10-year anniversary. Through the last decade, Georgia’s economic indicators have fluctuated substantially. In this edition, we present the dynamics of development for this period, and also analyze ...

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99: Tourism- January-September, 2017

13-Nov-2017

99: Tourism- January-September, 2017

  In 2017, compared to the corresponding period of 2016: • In the first three quarters, the number of tourists increased by 29%; in the third quarter, the proportion of tourists making up total international travelers reached its peak at 52.1%.• In the first three quarters...

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98: Development of the Agricultural Sector- January-June, 2017

07-Sep-2017

98: Development of the Agricultural Sector- January-June, 2017

  In the agricultural sector: In the last eight years, total production output has fluctuated between 7.8% and10.3% of gross domestic product In the first quarter of 2017, foreign direct investment amounted to negative US$0.3 mln In the first half of 2017, the volume o...

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Improving Financial Governance in Montenegro

24-May-2017

Podgorica-overview


Montenegro is developing a functional market economy and is implementing reforms in order to create a favorable and attractive investment climate, necessary for economic growth. The country has developed the Economic Reform Program (ERP) – the key strategic document for medium-term macroeconomic and fiscal programming, and for EU accession.

PMCG, in consortium with ADE - Aide à la Décision Économique, under the European Commission project - Support to the Assessment of Macroeconomic Impact of Structural Reforms (under Lot 11 framework) - will work with the Government of Montenegro, in particular with the Ministry of Finance, to improve financial governance and to prepare strategic documents for EU accession.

The project team will work with the Ministry of Finance and other relevant line ministries while selecting, evaluating and assessing the impact of the structural reforms, proposed in the ERP.

Based on in-depth analysis, the team will develop a new macroeconomic model and dynamic Computable General Equilibrium (CGE) – a model used to forecast government revenues and outlays, and to project the effects of policy changes on the government budget and other macroeconomic indicators. It will also conduct capacity building activities for staff at the Ministry and will develop manuals for using the models. By the end of the collaboration, the Ministry staff will participate in a study tour in one of the EU member states to enhance their skills and capacity in the usage of models and forecasting.

As a result of the project, the Government of Montenegro will obtain a more accurate macroeconomic model and strengthen its capacity to use them effectively. This will allow the Government to monitor the implementation of the structural reform measures and their impact, as well as the path of the accumulated impacts of the policy change over a certain time period.

 

Please kindly follow the link below for detailed information about the project:
Support to the Assessment of Macroeconomic Impact of Structural Reforms

 

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