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The Role of Civil Society Organizations in the Implementation of the DCFTA

03-Aug-2018

The Role of Civil Society Organizations in the Implementation of the DCFTA

On July 25, Ms. Mariam Saghareishvili, Researcher at PMCG, participated in a working meeting about the DCFTA and the role of civil society organizations (CSOs) in its implementation. The working meeting aimed to inform CSOs about the possibilities and requirements of t...

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PMC Research Awarded Again for its Transparency

24-Jul-2018

PMC Research Awarded Again for its Transparency

PMCG is excited and proud to announce that PMC Research was recently given a 5-star rating for transparency by international organization Transparify.  Such an award is the highest possible rating issued by Transparify, and reflects exemplary transparency in PMC R...

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New Simplified Financial Reporting Standard for MSMEs

05-Jul-2018

New Simplified Financial Reporting Standard for MSMEs

On June 26, the newly simplified Financial Reporting Standard for Category IV-Entities was adopted with the goal to improve the quality and transparency of corporate financial statements, according to the decree of the Head of Service for Accounting, Reporting and Audit...

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Discussing How to Fight Corruption in Armenia

04-Jul-2018

Discussing How to Fight Corruption in Armenia

On June 29, Mr. David Lezhava, Public Policy Sector Director at PMCG, participated in a conference entitled “The anti-corruption policies and measures”, which was co-hosted by the Embassy of the Republic of Bulgaria and the EU Delegation to Armenia. Mr. Lezhava’s presen...

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Study to Identify Challenges for SMEs Seeking Access to Finance

02-Jul-2018

Study to Identify Challenges for SMEs Seeking Access to Finance

PMC Research recently launched a new project entitled “Leveraging SME Finance through Value Chains in Georgia”, designed to study the challenges facing SMEs with a particular focus on access to finance in Georgia.On June 21, Goga Khishtovani, Director at PMC Research, p...

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Discussing Opportunities and Challenges of the EU-Georgia DCFTA at Georgian Farmers Congress

21-Jun-2018

Discussing Opportunities and Challenges of the EU-Georgia DCFTA at Georgian Farmers Congress

On June 15, PMC Research participated in the Georgian Farmers Congress, an event designed to support dialogue between farmers and state bodies, a crucial aspect in the development of Georgia’s agricultural sector. Giorgi Khishtovani, Director at PMC Research, prese...

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Welcoming Our New Public Policy Sector Director

20-Jun-2018

Welcoming Our New Public Policy Sector Director

We are delighted to welcome David Lezhava to our team, as our new Public Policy Sector Director. Mr. Lezhava brings with him 20 years of sound experience in the fields of public finance and economic development, regional development, social policy and energy policy...

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Value Chain Analysis of Broccoli, Tangerine, and Raspberry in Georgia and Their Potential on the EU Value Chain Analysis of Broccoli, Tangerines and Raspberries in Georgia and their EU Market Potential

19-Jun-2018

Value Chain Analysis of Broccoli, Tangerine, and Raspberry in Georgia and Their Potential on the EU Value Chain Analysis of Broccoli, Tangerines and Raspberries in Georgia and their EU Market Potential

At the beginning of June, PMC Research hosted three public discussions and presentations in Marneuli, Mtskheta and Misaktsieli about the value chain analyses of three agricultural products, namely broccoli, tangerines and raspberries. The studies into these product...

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Discussing Georgia’s Sectoral Integration with the EU at 15th Batumi International Conference

16-Jun-2018

Discussing Georgia’s Sectoral Integration with the EU at 15th Batumi International Conference

On June 15, PMCG’s CEO and Chairman Aleksi Aleksishvili participated in the 15th Batumi International Conference “Georgia’s European Way.”Giorgi Margvelashvili, President of Georgia, Mikheil Janelidze, Vice Prime Minister and Minister of Foreign Affairs of Georgia, Irak...

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Hosting Networking Lunch with UK Trade Mission to Georgia

06-Jun-2018

Hosting Networking Lunch with UK Trade Mission to Georgia

On June 4, we hosted a networking lunch with the UK’s trade mission to Georgia.The meeting served as an excellent opportunity for public and private institutions from Georgia and the UK to meet, establish connections and discuss possible collaboration. The trade mission...

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PUBLICATIONS

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Issue 105: External Trade, January-June 2018

03-Aug-2018

Issue 105: External Trade, January-June 2018

The first half of 2018 produced some interesting figures regarding Georgia’s external trade. Even though the existing data is only preliminary, the analysis thereof unveils some curious results. Georgia’s exports and imports reached their highest point for the observed period of ...

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Issue 104: External Factors Affecting the Value of Georgian…

10-Jul-2018

Issue 104: External Factors Affecting the Value of Georgian Lari Exchange Rate

For the period of 2014 to 2017, in every first quarter of each year compared to the first quarter of the previous year, the nominal exchange rate of the Georgian Lari (GEL) against the US Dollar (USD) depreciated. This trend stopped this year though as in the first quarter of 201...

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Issue 103: Gross Domestic Product, 2017

28-May-2018

Issue 103: Gross Domestic Product, 2017

According to preliminary data, the Georgian economy is characterized by a 5.0% growth in 2017, which is the highest annual real growth rate for the country since 2012. A trend analysis of GDP is useful in comprehending the indicator relative to previous years. Furthermore, a sect...

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Ifo World Economic Survey (Third Quarter of 2017)

04-Dec-2017

IFO


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 for important industrial, emerging and developing economies.  


The survey is based on qualitative information, namely the judgments and expectations of experts. Georgia’s economic situation was assessed by asking representatives of the public and private sectors in Georgia on current economic developments.


PMCG is a regional partner of the ifo Institute.


In November 2017, ifo published its World Economic Survey for the third quarter of 2017. In the report, among other countries, Georgia’s current economic situation was assessed and predictions were made.


According to the ifo World Economic Survey (November 2017):

•    The economic climate indicator for Georgia improved compared to the previous quarter;
•    Forecasted GDP growth for 2017 compared to the forecast from the previous quarter increased from 4.2% to 4.9%;
•    The expected inflation rate for 2017 is 5.7%, while for 2022 experts anticipate the inflation rate to be 4.9%;
•    Georgian experts expect short-term interest rates to rise and the Georgian Lari to depreciate in the next six months;
•    Georgian experts expect an increase in both import and export volumes for the next six months and the trade balance is anticipated to improve.


For the full ifo World Economic Survey report use the following link: https://www.cesifo-group.de/DocDL/WES_4_17.pdf

 

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