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NEWS

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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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Discussing Role of Digitalization and Economic Reforms in Good Governance at OSCE Regional Ministerial Conference

04-Jun-2018

Discussing Role of Digitalization and Economic Reforms in Good Governance at OSCE Regional Ministerial Conference

On May 30, PMCG’s Chairman and CEO, Aleksi Aleksishvili, delivered a presentation to the OSCE Regional Ministerial Conference – “Good Governance and Economic Connectivity – best practices within the OSCE Region” - in Ashgabat, Turkmenistan.Aleksishvili discussed ways to...

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Introducing Environmentally Friendly Communal Infrastructure in Mtskheta-Mtianeti Region

22-May-2018

Introducing Environmentally Friendly Communal Infrastructure in Mtskheta-Mtianeti Region

We are working with the United Water Supply Company of Georgia (UWSCG) to introduce environmentally friendly communal infrastructure in the Mtskheta-Mtianeti region of Georgia. PMCG, as part of a consortium led by P2M Berlin, is collaborating with the UWSCG to improve c...

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PUBLICATIONS

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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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Issue 102: Higher and Vocational Education, 2013-2017

03-May-2018

Issue 102: Higher and Vocational Education, 2013-2017

High-quality education is one of the main determinants of economic growth. According to the “Government Program 2016-2020”, education is one of the main priorities for the Government of Georgia. Since 2013, the allocated budget of the Ministry of Education and Sciences of Georgia...

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The aim of the research is to study the challenges facing SMEs in Georgia in terms of access to finance, which will be conducted as part of the project “Leveraging SME Finance through Value Chains in Georgia”, supported by the Asian Development Bank (ADB), the Asian Development Bank Institute (ADBI) and the CAREC Institute (CI).
The paper will be included in the ADBI’s and CI’s working papers and will be published as a separate chapter in a book jointly published by the ADB, the ADB and the CI.

Start Date:
May, 2018
End Date: March, 2019
Region: Caucasus
Country: Georgia
Client: 

Asian Development Bank (ADB), Asian Development Bank Institute (ADBI), CAREC Institute (CI)

Origin of Funding:

ADB, ADBI, CI

 

The main objective of the project is to rehabilitate/implement environmentally friendly communal infrastructure in Mtskheta-Mtianeti region. The project aims to improve communal services provision for the population in an environmentally friendly, energy-efficient, and sustainable manner. A primary goal of the project is to improve the socio-economic situation and health of people in the selected region, as well as to reduce poverty.

Start Date:
May, 2018
End Date: January, 2019
Region: Caucasus
Country: Georgia
Client: 

United Water Supply Company of Georgia (UWSCG)

Origin of Funding:

KfW Development Bank

 

The overall objective of the project is to improve the reliability, safety and efficiency of public transport. More specifically, it aims to support the Tbilisi Transport Company (TTC) in the development of a Sustainable Urban Mobility Plan (SUMP), providing an essential planning tool for Tbilisi in the establishment of sustainable mobility solutions, including public transport.

Start Date:
April, 2018
End Date: April, 2020
Region: Caucasus
Country: Georgia
Client: 

Tbilisi Transport Company LLC

Origin of Funding:

European Bank for Reconstruction and Development (EBRD)

 

The project aims to foster linkages between multi-national corporations (MNCs) operating in Georgia and local small- and medium-sized enterprises (SMEs), to contribute to economic growth in Georgia. Such connections will support the inclusion of Georgian SMEs in the global value chain, which is important for growth, development, as well as increasing employment and improving competitiveness.

Start Date:
August, 2017
End Date: October, 2018
Region: Caucasus
Country: Georgia
Client: 

The Ministry of Economy and Sustainable Development (MoESD)

Origin of Funding:

DFID

 

The project is being implemented under the World Bank project Public Finance Management Modernization Project II (PFMII) which aims to improve the effectiveness and transparency of public financial management in Tajikistan.

Start Date:
February, 2018
End Date: February, 2019
Region: Central Asia
Country: Tajikistan
Client: 

The Ministry of Finance of Tajikistan

Origin of Funding:

The World Bank

 

PMCG, as part of a consortium led by Tetra Tech ARD, within the USAID-funded Good Governance Initiative (GGI), is supporting the Civil Service Bureau (CSB) in the development of a performance evaluation framework.

Start Date:
January, 2018
End Date: April, 2018
Region: Caucasus
Country: Georgia
Client: 

The Ministry of Regional Development and Infrastructure of Georgia

Origin of Funding:

USAID / GGI

 

PMCG is working with the Ministry of Infrastructure and Regional Development of Georgia (MRDI) to develop a mid-term (8-10 year) strategy of decentralization and good governance at the local level, as part of a consortium led by Tetra Tech ARD, within the USAID-funded Good Governance Initiative (GGI).

Start Date:
February, 2018
End Date: May, 2018
Region: Caucasus
Country: Georgia
Client: 

The Ministry of Regional Development and Infrastructure of Georgia (MRDI)

Origin of Funding:

USAID / GGI

 

The project aims to assist the Ministry of Justice (MoJ) of Azerbaijan to prepare a Sector Expenditure and Efficiency Review (SEER) for its justice sector, which is intended to inform dialogue between justice entities and other relevant entities such as the Ministry of Finance, as well as other stakeholders such as representatives of academia, civil society and the country’s development partners.

Start Date:
January, 2018
End Date: January, 2019
Region: Caucasus
Country: Azerbaijan
Client: 

The Ministry of Justice of the Republic of Azerbaijan

Origin of Funding:

The World Bank

 

The project is designed to conduct an external evaluation of the impact 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).

Start Date:
December, 2017
End Date: February, 2018
Region: Africa
Country: Ethiopia, Ghana
Client: 

Institute of Fiscal Studies

Origin of Funding:

Department for International Development (DFID)

 

PMCG, together with DAI Europe, and as part of a European Bank for Reconstruction and Development (EBRD) project, is working to support small and medium-sized enterprises (SMEs) to improve their access to financing, and, more broadly, to stimulate the banking sector to improve its finance products and services.

Start Date:
December, 2017
End Date: December, 2018
Region: Caucasus
Country: Georgia
Client: 

DAI Europe

Origin of Funding:

EBRD

 

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