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NEWS

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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...

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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...

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“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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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PUBLICATIONS

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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...

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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...

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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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Georgia Rises to 6th Place in the World Bank’s Doing Business Ranking 2019

02-Nov-2018

Wolrd Bank Doing Business Report 2019


We are pleased to share the news that Georgia has recorded an impressive rise in the World Bank’s Doing Business Ranking 2019. We would like to congratulate the Government of Georgia (GoG) on this success. In addition, we are glad to have played a part in this progress by working with the Government to enhance and improve the country’s business environment.

“The progress that Georgia has shown is very important. We expect that this result will be reflected in the country’s economic growth and development,” said Aleksi Aleksishvili, Chairman and CEO at PMCG. 

Georgia has moved from 9th place in 2018 to 6th place in 2019 and stands behind New Zealand – 1st, Singapore – 2nd, Denmark – 3rd, Hong Kong SAR, China – 4th, and South Korea in 5th place. 

The country occupies the leading position in the Europe and Central Asia region, ahead of the following countries: Macedonia - 10th, Azerbaijan – 25th, Kazakhstan – 28th, Armenia – 41st, Turkey – 43rd, Kosovo – 44th, Moldova – 47th, Albania – 63rd, and Ukraine – 71st place.

“The ranking shows the positive developments in Georgia. Now, the Government of Georgia has to focus on those indicators where we have an opportunity to make more progress, such as trading across borders, and especially streamlining import-related procedures,” explained Giorgi Khishtovani, Director at PMC Research. 

The 2019 scores are overall exceptional for Georgia, as the country has improved in 7 out of 10 indicators and has maintained the same position in the other three.



 

Follow this link for more detailed information:

http://www.doingbusiness.org/en/data/exploreeconomies/georgia

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