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NEWS

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Assisting Vocational Education Institutions to Introduce Higher Standards

08-Oct-2019

Assisting Vocational Education Institutions to Introduce Higher Standards

PMC Research has recently started working on a new project aiming to develop practical and effective mechanisms that will contribute to the institutional strengthening of vocational education and training (VET) institutions in Georgia.More specifically, under the UNDP...

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Functional Regions and Competitive Economic Sectors in Kakheti, Tbilisi and Kutaisi

26-Sep-2019

Functional Regions and Competitive Economic Sectors in Kakheti, Tbilisi and Kutaisi

On September 19-20, PMC Research participated in a conference organized by the Center for Training and Consultancy (CTC) and presented three research reports which related to identification of functional regions and analysis of competitive advantages.During the two-da...

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PMCG Joins United Nations Global Compact

05-Sep-2019

PMCG Joins United Nations Global Compact

We are pleased to announce that PMCG has been accepted as a signatory member of the United Nations Global Compact, the world’s largest corporate sustainability initiative. By joining this network, we affirm our commitment to ensuring that our strategies and operations...

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Supporting Georgian MSMEs to Attract Funds for Development

07-Aug-2019

Supporting Georgian MSMEs to Attract Funds for Development

We are collaborating with Georgia’s Innovation and Technology Agency (GITA) in order to promote innovative activities among micro, small and medium-sized enterprises (MSMEs) in Georgia and to enhance their participation in the digital economy.With this in mind, the Inno...

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Discussing Challenges and Opportunities of Migration Management

07-Aug-2019

Discussing Challenges and Opportunities of Migration Management

On July 30, PMCG and the Secretariat of the State Commission on Migration Issues (SCMI) hosted an event to present and discuss a new book entitled “Migration Management - From International Practice to Georgian Model.” The book’s author is George Jashi and has been publ...

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Introducing Performance Monitoring and Evaluation Systems (PMESs) in Georgian Municipalities

01-Aug-2019

Introducing Performance Monitoring and Evaluation Systems (PMESs) in Georgian Municipalities

During June and July, PMC Research visited Lagodekhi, Ambrolauri, Marneuli, Mtskheta, Gori, Akhaltsikhe, Zugdidi, Lanchkhuti, Batumi and Kutaisi municipalities as part of the EU project - “Networking for Efficiency and Development (N4ED) – a News Modality for Effective ...

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Advancing Communication Capacity of LAG Members

31-Jul-2019

Advancing Communication Capacity of LAG Members

On July 22-26, a training module was conducted for potential members of the local action group (LAG) Mestia in order to enhance their communication skills through social media. Since LAG members actively communicate with various groups, including local government offici...

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Collaborating with Ministry of Economic Development and Trade of Ukraine to Implement IP Rights Reform

26-Jul-2019

Collaborating with Ministry of Economic Development and Trade of Ukraine to Implement IP Rights Reform

PMCG, as part of a consortium led by PricewaterhouseCoopers LLP UK (PwC), has successfully completed collaboration with the Ministry of Economic Development and Trade of Ukraine (MoEDT) in order to implement intellectual property (IP) rights reform under a UK Government...

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Letter of Condolence

25-Jul-2019

Letter of Condolence

We are deeply saddened by the death of Mr. Roy Southworth, an outstanding professional in the field of international development and member of PMCG’s Board.His experience, wisdom and knowledge gave us the confidence and direction for PMCG to develop.As a country manager...

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Our Research on Status of SME Finance in Georgia Published by Asian Development Bank Institute (ADBI)

24-Jul-2019

Our Research on Status of SME Finance in Georgia Published by Asian Development Bank Institute (ADBI)

The Asian Development Bank Institute (ADBI) recently included PMC Research’s paper “Leveraging Small and Medium-Sized Enterprise Finance Through Value Chains in Georgia” in its working papers.The main objective of the study was to examine the challenges facing small and...

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PUBLICATIONS

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Hotel Price Index (August, 2019)

19-Sep-2019

Hotel Price Index (August, 2019)

In Georgia, the average cost of a room1 in a 3-star hotel was 151 GEL per night in August 2019. While the average cost of a room in a 4-star hotel in Georgia was 230 GEL per night and the average cost of a room in a guesthouse2 was 75 GEL per night.  

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Hotel Price Index (July, 2019)

30-Aug-2019

Hotel Price Index (July, 2019)

In Georgia, the average cost of a room in a 3-star hotel was 148 GEL per night in July 2019. While the average cost of a room in a 4-star hotel in Georgia was 224 GEL per night and the average cost of a room in a guesthouse was 73 GEL per night. The average cost of a room in...

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Hotel Price Index (June, 2019)

22-Jul-2019

Hotel Price Index (June, 2019)

In Georgia, the average cost of a room in a 3-star hotel was 137 GEL per night in June 2019. While the average cost of a room in a 4-star hotel in Georgia was 232 GEL per night and the average cost of a room in a guesthouse was 76 GEL per night. The average cost of a room in a 5-...

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Our Research on Status of SME Finance in Georgia Published by Asian Development Bank Institute (ADBI)

24-Jul-2019

pmcg research


The Asian Development Bank Institute (ADBI) recently included PMC Research’s paper “Leveraging Small and Medium-Sized Enterprise Finance Through Value Chains in Georgia” in its working papers.

The main objective of the study was to examine the challenges facing small and medium-sized enterprises (SMEs) in Georgia in terms of access to finance and their involvement in global value chains. The research was also aimed at analyzing the role of SMEs in Georgia’s economy, their funding, the status of financial inclusion for them, and the level of financial literacy and skills of SME entrepreneurs. 

As a result of the research, we identified barriers to SME finance in Georgia and proposed policy recommendations and immediate actions with regard to existing government policies.

“An increased level of financial literacy among Georgian SMEs would enable them to better utilize the support offered to them by international organizations and the Georgian government, and to gain easier access to loans from financial institutions,” said Giorgi Khishtovani, Director at PMC Research. 

The research was conducted as part of a project supported by the Asian Development Bank (ADB), the Asian Development Bank Institute (ADBI) and the CAREC Institute (CI).



Please kindly follow the link below for full research:

http://pmcresearch.org/policypapers_file/b75d5d395296763cf.pdf 

 

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