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Starting from 1st January of 2017 the new rule of excise tax calculation launched. There is a significant increase of excise tax on the automobiles issued before 2005. The excise tax on the automobiles with…
  Analysis of January - November 2016, compared to the corresponding period in 2015: • Net profit of commercial banks increased by 25.1% (114 mln GEL) and amounted to 567 mln GEL. • The volume…

October-November, 2016

07-Nov-2016
ტესტ ტესტ ტესტტესტ ტესტ ტესტტესტ ტესტ ტესტტესტ ტესტ ტესტტესტ ტესტ ტესტტესტ ტესტ ტესტტესტ ტესტ ტესტტესტ ტესტ ტესტტესტ ტესტ ტესტტესტ ტესტ ტესტტესტ ტესტ ტესტტესტ ტესტ ტესტტესტ ტესტ ტესტ
  According to the first three-quarters of 2016, compared to the corresponding period of 2015: The volume of production in the construction sector increased by 41.2% and reached 4.2 bln GEL;Foreign direct investment (FDI) in…
  In the first three quarters of 2016, compared to the corresponding period of 2015, in the State Budget: • Total expenditure on social security increased by 10.7% (238.6 mln GEL) and  amounts into 2,270 mln…

Armenia-Georgia Trade: Getting Close or Distant?

29-Nov-2016
Armenia’s decision to join the Eurasian Economic Union (EEU) exempted traders from union member countries from paying value added tax (VAT) and excise tax, thus putting Georgian traders in a disadvantaged position and breaking the main principles of the Free Trade Agreement between Georgia and…

Georgia-Turkey Trade Relations - Challenges and Opportunities

14-Nov-2016

Study in Georgia Prospects of Internationalization of Higher Education

25-Oct-2016
The primary aim of the research is to describe and analyze Georgia’s potential for the internationalization and export of higher education system, and to deliver policy recommendations.
  In the third quarter of 2016, compared to the same period of 2015: • The GEL appreciated against the USD by 0.12% on average;• The negative trade balance increased (5.7%, USD 73.2 mln.);• The…

June-September, 2016

17-Oct-2016
ტესტ ტესტ ტესტტესტ ტესტ ტესტტესტ ტესტ ტესტტესტ ტესტ ტესტტესტ ტესტ ტესტტესტ ტესტ ტესტტესტ ტესტ ტესტტესტ ტესტ ტესტტესტ ტესტ ტესტტესტ ტესტ ტესტტესტ ტესტ ტესტტესტ ტესტ ტესტტესტ ტესტ ტესტ
In the first half of 2016, compared to the corresponding period of 2015: • Average monthly remuneration of employees increased by 5.4%.• The highest growth in average monthly remuneration of employees was recorded in construction…

Assessment of the Challenges and Opportunities for Renewable Energy Directive Transposition

12-Oct-2016

Transit of Energy Resources from Iran via Georgia to Western Markets Prospects, Risks, Challenges and Opportunities

04-Oct-2016
The paper attempts to analyse possibilities for energy transit from Iran to Georgia and further to the Western markets that have recently opened to energy supplies from Iran as international sanctions have been lifted. Iran, estimated to be the world's fourth-largest country by proven oil…
During the first half of 2016 compared to the corresponding period of 2015: • Production value in the business sector increased by 10.8% as well as increased turnover (13.0%); • There was an increase in…
In the first half of 2016:• State budget revenues are executed by 100.5%, while expenditure - by 95.8%. • Expenditure on social benefits significantly increased (12.1%; 161.8 mln GEL) compared to the corresponding period in…

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