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Sharing Experience of Visegrad Countries’ EU Economic Integration and Georgia’s Successful Institutional Reforms for Albania and Kosovo

29-Apr-2015
This report analysis state of play of Albania’s and Kosovo’s EU integration, it asseses the challenges and perspectives these countries meet in the process. Also, it presents experience of Georgia’s, as EU associated country’s successful insistutional reforms that are relevant for Albania and Kosovo.
In 2007-2013, the average monthly incomes and expenditures, which are one of the indicators of standard of living, has increasing trend. The corresponding indicators for 2014 have not published yet *.   In 2014, the…
The preliminary estimates of the real GDP growth rate in January 2015 is 0.5% and in February - 4.9%.   In 2014, the indicator of the real GDP growth rate was 4.8%, which exceeds (1.5…
  In 2014, the volume of the registered trade turnover is 11 457 mln. USD. The share of import in total registered turnover is 75% and the share of export is 25%. In 2014, the…

Public Funds and Property Management Manual

10-Nov-2014
The manual describes budgeting process and its connection with the government budgeting process. Also, classification and formation principles of local budget revenues and expenditures, compilation of budget and program budget forms. Practice and purpose of implementation of changes. Also, forms and principles of quarterly and…
In 2014, both the volume of the internal generation (2.9%; 292.9 mln.kvt.hr) as well as consumption of power (5.1%; 507 mln.kvt.hr) increased compared to 2013. In mentioned period, the power consumption exceeds the power generation,…
In 2014, the volume of the deposits increased (20.8%) compared to 2013. In this period the volume of the loans to the national economy also increased (23.4%).   In 2014, the share of the deposits…
Since July 2014, the world price of the crude oil per barrel has started to decline significantly. In January 2015, the price on per barrel (116 liter) of crude oil decreases by 57.45 USD compared…
In 2014, the number of visitors is 101.2 thousands more compared with the corresponding indicator in 2013. The most of the visitors (86.2%) entered Georgia from neighbouring countries (Turkey, Armenia, Azerbaijan and Russia) via land…
In the first three quarters of 2014, real GDP increased (5.9%; 645 mln.GEL) compared to the corresposding period in 2013. The largest contributions to the real GDP growth have the following sectors: construction (1.2 percentage…
In 2014, state budget revenues are expected to be fully executed, while budget expenditures will reach 98% of the planned level. Moreover, tax revenues will exceed the planned indicator nearly by 70-80 mln. GEL. In…
In the first three quarters of 2014, the construction sector has the largest share (1.2%) in the growth rate of the gross domestic product (GDP) (5.9%). In the first three quarters of 2014, the construction…
On December 10, 2014, the official exchange rate set by the National Bank of Georgia is 1.93 GEL to 1 USD. During the last three weeks GEL depreciated against the USD by 0.18 units. At…

Possible Challenges of Harmonization of Georgian Legislation with the Acquis Communautaire of the European Union in Energy Sector

13-Oct-2014
European Union’s (EU) strategic interest and relations with Georgia have been developing over past years. In this period, Georgia significantly deepened its ties with the EU. On the one hand, EU’s strategic interest and on other hand, Georgia’s considerable progress in the reforms maintained to…

Global Food Price Shocks Transmission to Local Markets and Welfare Implications for Georgian Households

09-Oct-2014
In the period of 2003 - 2013, real growth of GDP averaged 6.3% in Georgia, however the benefits of the growth has not been equally shared among different groups of population. Despite the robust growth over the past ten years, as of 2013, 9.3% of…

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