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Introducing our New Consultant, Giorgi Papava

25-Jun-2019

Introducing our New Consultant, Giorgi Papava

We are glad to announce the arrival of Giorgi Papava to our team, as our new Consultant in Economic Policy, Economic Governance and Public Finance Management (PFM). We welcome Mr. Papava, who brings with him sound experience in the field of economy, international t...

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Two Georgian Projects Presented at European Development Days (EDD) for First Time

20-Jun-2019

Two Georgian Projects Presented at European Development Days (EDD) for First Time

On June 18-19, we participated in, and presented two Georgian projects at, the European Development Days (EDD) 2019 in Brussels, the first time that projects from Georgia have been showcased at the forum in its 14-year history. The EDD, organized by the European Co...

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Supporting Parliamentary Committee to Enhance Legislative Drafting

19-Jun-2019

Supporting Parliamentary Committee to Enhance Legislative Drafting

We have recently started working on a new project, which is aimed at supporting the Environmental Protection and Natural Resources Committee of the Parliament of Georgia to adopt a legislative initiative entitled “Green Lines.” This initiative is designed to set standar...

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USAID Economic Security Program Launched to Facilitate Development of Business Sector in Georgia

19-Jun-2019

USAID Economic Security Program Launched to Facilitate Development of Business Sector in Georgia

On June 7, USAID Georgia Economic Security Program was officially launched. This five-year program aims to foster broad growth of micro, small, and medium enterprises (MSMEs) outside of agriculture that show strong potential to create jobs, increase income, and support ...

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Analyzing Municipal Social Policy in Shida Kartli Region

18-Jun-2019

Analyzing Municipal Social Policy in Shida Kartli Region

On June 11, PMC Research conducted a presentation and public discussion on the outcomes of the research ”Municipal Social Policy Analysis in the Shida Kartli Region" in Gori. The main objectives of the study were to evaluate existing municipal social programs in Sh...

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PMCG Assisted the Ministry of Environmental Protection and Agriculture of Georgia (MEPA) to Enhance State Funding for Biodiversity

12-Jun-2019

PMCG Assisted the Ministry of Environmental Protection and Agriculture of Georgia (MEPA) to Enhance State Funding for Biodiversity

We recently finished assisting the Ministry of Environmental Protection and Agriculture of Georgia (MEPA) in its aim to develop its capacity to achieve consistently increased budget allocations for the biodiversity agenda.PMCG has identified priority areas in biodiver...

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Raising Environmental Awareness of Tbilisi Transport Company (TTC)

10-Jun-2019

Raising Environmental Awareness of Tbilisi Transport Company (TTC)

On May 20-27, PMCG conducted a 6-day training course regarding environmental management systems for the representatives of Tbilisi Transport Company (TTC).As TTC employees’ work deals with many waste and hazardous materials, it is vital that they have sound environmenta...

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Enhancing Regional Connections in Trade and Sustainable Transit

05-Jun-2019

Enhancing Regional Connections in Trade and Sustainable Transit

On May 20-22, Bondo Bolkvadze, Consultant at PMCG, participated in the Organization for Security and Co-operation in Europe (OSCE) regional conference entitled “Towards Regional Economic Connectivity – National Mechanisms for Trade and Transport Facilitation” in Ashgaba...

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PMCG at SID-Washington Annual Conference

04-Jun-2019

PMCG at SID-Washington Annual Conference

On May 30, PMCG participated in the SID-Washington annual conference entitled “Solving Wicked Problems of Development.”“This conference provides a unique chance to engage different groups of society in debates on important global issues today, and to establish strategic...

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PMCG’s Public Sector Consulting Director Discusses Role of Public Finance Management in Incentivizing Change at UNDP’s Istanbul Development Dialogues

03-Jun-2019

PMCG’s Public Sector Consulting Director Discusses Role of Public Finance Management in Incentivizing Change at UNDP’s Istanbul Development Dialogues

On May 27-28, David Lezhava, Public Policy Sector Director at PMCG, participated in UNDP’s Istanbul Development Dialogues (IDD) in the panel “Incentivizing Change: The Role of Public Finance Management.”IDD is a global development forum, which gathers policy-makers, bus...

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PUBLICATIONS

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Hotel Price Index (May, 2019)

21-Jun-2019

Hotel Price Index (May, 2019)

In Georgia, the average cost of a room1 in a 3-star hotel was 128 GEL per night in May 2019. While the average cost of a room in a 4-star hotel in Georgia was 219 GEL per night and the average cost of a room in a guesthouse2 was 76 GEL per night. The average cost of a room in a ...

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Hotel Price Index (April, 2019)

27-May-2019

Hotel Price Index (April, 2019)

In Georgia, the average cost of a room in a 3-star hotel was 123 GEL per night in April 2019. While the average cost of a room in a 4-star hotel in Georgia was 215 GEL per night and the average cost of a room in a guesthouse was 70 GEL per night.The average cost of a room in a 5-...

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Hotel Price Index (March, 2019)

22-Apr-2019

Hotel Price Index (March, 2019)

In March 2019, in Georgia the hotel price index increased by 5.1% compared to February 2019. The prices of hotels in Tbilisi increased by 4.2%. In March 2019, compared to February 2019, the increase of hotel prices in Georgia, can be linked to increased number of tourists tr...

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Study to Identify Challenges for SMEs Seeking Access to Finance

02-Jul-2018

CAREC Conference 2018


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, presented the research outline as part of the inception workshop in Beijing. The event, as well as the project, was supported by the Asian Development Bank Institute (ADBI), the Asian Development Bank (ADB) and the CAREC Institute (CI).

The research will be oriented toward analyzing several key aspects, especially the cultural, procedural, institutional and regulatory incentives and disincentives facing SMEs seeking to access finance and the reasons behind such access being blocked or rejected.

The paper will also study the financial knowledge of managers of SMEs in Georgia, and assess the status of domestic and global value chains in Georgia, opportunities for SMEs to link with both domestic and global value chains and the potential impact of being able to access finance.

Ultimately, policy recommendations regarding the promotion of greater financial access for SMEs and trade finance in Georgia, with a focus on agri-business, will be elaborated.

The paper will be included in the ADBI’s and the CI’s working papers and will be published as a separate chapter in a book jointly published by the ADBI, the ADB and the CI.


Please kindly follow the link below for detailed information about the project:
Leveraging SME Finance through Value Chains in Georgia

 

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