Logo pmcg

NEWS

Prev Next

Supporting Kutaisi and Batumi City Halls to Stimulate Investments in their Municipalities

27-Dec-2018

Supporting Kutaisi and Batumi City Halls to Stimulate Investments in their Municipalities

We are working with Kutaisi and Batumi City Halls to develop investment catalogues in order to stimulate domestic and foreign direct investments in their respective municipalities.The project is aimed at supporting municipalities of Kutaisi and Batumi to explore and ide...

more

Supporting Diplomatic Training and Research Institute to Advance its Business Processes

26-Dec-2018

Supporting Diplomatic Training and Research Institute to Advance its Business Processes

We are collaborating with the Ministry of Foreign Affairs of Georgia (MFA) in order to strengthen the human and institutional capacity of its Diplomatic Training and Research Institute (DTRI).  The DTRI is a legal entity of public law (LEPL) under the MFA providin...

more

“Responsible Employer” Award Given to PMCG at Georgia’s Responsible Business Awards Meliora 2018

17-Dec-2018

“Responsible Employer” Award Given to PMCG at Georgia’s Responsible Business Awards Meliora 2018

It is with great pleasure that we can announce that on December 13, PMCG was honored to be named as a “Responsible Employer” in Georgia’s Responsible Business Awards 2018 known as Meliora. The contest, which was organized by the Center for Strategic Research and De...

more

Sharing Georgia’s Experience in Doing Business Reforms with Kuwaiti Government

13-Dec-2018

Sharing Georgia’s Experience in Doing Business Reforms with Kuwaiti Government

On December 9-13, PMCG hosted an official delegation from Kuwait to educate them about Georgia’s successful experience of implementing effective economic reforms. The main objectives of the delegation’s tour to Georgia were to learn from the economic reforms enacted by...

more

Introducing Short-Cycle Educational Programs in Georgia

05-Dec-2018

Introducing Short-Cycle Educational Programs in Georgia

On December 5, a stakeholder workshop was held under the UK Government’s Good Governance Fund (GGF) in order to support the Ministry of Education, Science, Culture and Sport of Georgia (MoESCS) in the implementation of SCEPs in Georgian education system.VET program...

more

Discussing the Challenges Facing SMEs Seeking Access to Finance

29-Nov-2018

Discussing the Challenges Facing SMEs Seeking Access to Finance

On November 29, Giorgi Khishtovani, Director at PMC Research, presented the main findings and recommendations of –research entitled “Leveraging SME Finance through Value Chains in Georgia” in Astana, Kazakhstan.The research is focused on studying the challenges facing S...

more

Presenting New and Simplified Financial Reporting Standards to SMEs

23-Nov-2018

Presenting New and Simplified Financial Reporting Standards to SMEs

On November 21-22, an informative-consultative meeting of 4th category enterprise representatives took place in Batumi and Telavi. The event was intended to increase awareness of representatives of small- and medium-sized enterprises (SMEs) regarding new financial repor...

more

Supporting Intellectual Property Rights Reform in Ukraine

20-Nov-2018

Supporting Intellectual Property Rights Reform in Ukraine

We are collaborating with the Ministry of Economic Development and Trade of Ukraine (MoEDT) to implement reforms to the state management of intellectual property (IP) rights.The main aim of the project is to enhance Ukraine’s performance in managing IP and to develop a ...

more

Better Skills for Better Jobs – Developing Employment and Vocational Education System in Georgia

16-Nov-2018

Better Skills for Better Jobs – Developing Employment and Vocational Education System in Georgia

On November 15, the Delegation of the European Union to Georgia and the Government of Georgia summarized four years of cooperation aimed at developing the Employment and Vocational Education and Training (EVET) system in Georgia.The summary focused on highlighting the a...

more

Sharing Georgia’s Successful Reforms with Ukrainian Delegation

14-Nov-2018

Sharing Georgia’s Successful Reforms with Ukrainian Delegation

On November 9, David Lezhava, Public Policy Sector Director at PMCG, delivered a presentation and shared Georgia’s experience of introducing economic reforms and innovations in the public sector to a delegation from Ukraine. “The focus was placed on the continuous and c...

more

PUBLICATIONS

Prev Next

Issue 107: Georgia in International Rankings in 2018

12-Dec-2018

Issue 107: Georgia in International Rankings in 2018

Georgia was ranked 66th among 140 countries in the World Economic Forum’s Global Competitiveness Index1 in 2018. During 2010-2018 Georgia’s position in the ranking was improving, except one year. In 2018, compared to 2017, Georgia’s position in the ranking improved by 1 place...

more

Issue 106: Foreign Direct Investment, January-June 2018

18-Sep-2018

Issue 106: Foreign Direct Investment, January-June 2018

Analysis of the preliminary data on FDI for the first half of 2018 revealed the following general findings: The financial, energy, and construction sectors attracted the most FDI; Azerbaijan, the United Kingdom, and the Netherlands were the largest investing countries for Geo...

more

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 ...

more

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

 

Developed by LLC FENOM