We are pleased to announce that PMC Research recently became a partner of the Atlas Network through which it will contribute to making the world freer, and more prosperous, transparent and accountable, with the principles of individual liberty, property rights, limited government, and free markets all ensured.

We are working in Kvemo Kartli to enhance the living conditions of the local population through boosting sanitation in the region.  

Due to the COVID-19 pandemic, global remittance flows are expected to fall by 20% in 2020 (World Bank), while the decrease in Georgia is forecast at 15% (IMF); In the first half of 2020, remittances have declined by just 4.8% compared to the same period of 2019; Remittance inflows have been growing by an average of 8.5% over the past decade; The contribution of remittance inflows in GDP has increased significantly over time and amounted 11% on average for the period of 2015-2019; In 2020, remittance inflows saw a sharp drop (-42.3%) in April, however, the recovery in June was also strong (17.8%), compared to the same period of 2019; Remittances from Russia declined the most in the first half of 2020 compared to the first half of 2019 (-27%), while Italy recorded the strongest growth (14%).

In the third quarter of 2020, Georgian economic climate has slightly improved. In this period, Georgian economists assessed Georgia’s present economic situation negatively; Moreover, the assessment of present economic situation in this quarter has improved compared to the second quarter of 2020, but worsened compared to the third quarter of 2019. In the third quarter of 2020, Georgia’s economic situation for the next six months has also been assessed negatively by Georgian economists. Furthermore, expectations for the next six months have enhanced compared with second quarter of 2020, but deteriorated slightly compared with the third quarter of 2019.