State Representative of Colorado, Ms. Su Ryden Visited PMCG
Ms. Su Ryden, State Representative of Colorado, visited PMCG and met the management of the company on 28th of July.
Ms. Ryden emphasized the need for cooperation between Georgia and US based companies and institutions. She committed to assist PMCG in establishing relations with different US business entities and academic institutions for further and long term cooperation.
The purpose of her visit to Georgia was to meet representatives of different departments of the Parliament of Georgia. Ms. Ryden met the Deputy Chairperson of Parliament and discussed potential future cooperation between Georgia and US based institutions.
Ms. Ryden is serving her second term in the Colorado House of Representatives. She is also a business owner and an active community supporter. Ms. Ryden serves on two legislative committees: Agriculture, Livestock & Natural Resources and Judiciary.
She has owned Ryden & Associates Integrated Marketing since 1975, providing communication solutions for clients in many fields including banking, real estate, affordable housing and hospitality.
Since its establishment, PMCG has established strong relationships with their United States counterparts and has many business partners, such as Deloitte, Booz Allen Hamilton, MSI, Pragma, Chemonics, etc. and participates in various projects of US Government and business institutions.
PMCG participates in IAEA’s MESSAGE training program
PMCG has joined the International Atomic Energy Agency’s (IAEA) project supporting the development of the energy planning study for Georgia. PMCG’s representative is participating in a one month training program in Model for Energy Supply System Alternatives and their General Environmental impacts (MASSAGE) which is held at the head office of the International Atomic Energy Agency in Vienna, Austria. MASSAGE model is designed to set up optimization models of energy supply systems to assess capacity expansion and energy production policies to formulate optimal energy supply strategy for particular countries.
PMCG is participating in this program together with the National Statistics Office of Georgia and Ministry of Energy and Natural Recourses of Georgia. All these institutions, including PMCG, are members of the state Task Force at the Ministry of Environment Protection and Natural Resources of Georgia which is working on the project Supporting the Development of a National Infrastructure for the potential application of nuclear energy in Georgia.
PMCG has launched a Pension Development project through the USAID supported Georgia Economic Prosperity Initiative (EPI) project. EPI decided to present the Government of Georgia with SWOT Analyses of World Bank Pillar II (mandatory) and Pillar III (voluntary) pension models based on Georgian macro and socio-economic indicators and analytical projections.
PMCG is part of the USAID large-scale Economic Prosperity Initiative (EPI) project which is being implemented by the team of international and local consulting companies led by Deloitte. This comprehensive program aims to improve Georgia's overall economic competitiveness through assistance designed to: 1) expand and deepen the country's economic governance capacity; 2) improve agriculture sector productivity; and 3) strengthen targeted non-agricultural value chains that have the highest growth potential.
More information on this project is available on this link.
Chairman of PMCG will Make a Presentation at the EU Delegation Headquarters in Brussels
Aleksi Aleksishvili, Chairman of PMCG, was invited to present and speak at the workshop on “Tax Reforms and Development” in the EU Delegation headquarters, Brussels. The workshop was aimed at providing participants with a practical understanding of taxation, tax reforms and revenue transition currently implemented in a number of developing countries and was directed at the Delegations' staff working in developing countries and dealing with fiscal policies and public finance reforms.
The approach chosen for the workshop looks at situations of major tax reforms that may pursue different objectives and considers implications and interactions for various dimensions (e.g. tax structure, taxpayers, administration, political resistances, and macroeconomic projections).
Participants of the workshop are the staff members of EU DGs DEVCO, TEXUD, and TRADE.Mr. Aleksishvili delivered presentations on tax reforms and tax transition, characteristics of modern tax system, tax policy and tax basis, public resources, tax effort, tariffs and trade policy, tax administration and organizational system reform.
The workshop will be held in the European Commission HQ under the Methodological Support and Training in Aid Delivery Methods (ADM) Program.
PMCG is Conducting the Institutional Needs Assessment of the Parliament of Georgia
PMCG is implementing a Westminster Foundation for Democracy (WFD) supported project that assists the Parliament of Georgia in capacity building. The development of the Institutional Needs Assessment aims to identify and analyze different types of needs of the Parliament, issues, factors and gaps that affect the exercise of institutional functions and overall efficiency of operations. Areas covered by the needs assessment also encompass the institutional performance, transparency and external communications, and further development of the government’s oversight function.
The objective of the assignment is to:
Identify and analyze organizational, administrative, technological, regulatory gaps, issues related to human resource management, internal and external communications;
Analyze institutional strengths and weaknesses, as well as opportunities and strengths of significance to unimpeded exercise of institutional functions and achievement of medium or long-term objectives;
Identify and analyze social, economic, international and other types of factors that are beyond parliament’s control and that affect implementation of institutional functions;
Develop a framework for the institutional medium-term strategic plan.
PMCG’s consultants are conducting individual interviews with the leadership of the parliament, committee chairmen and deputies, heads of committee apparatus and heads of departments and other structural units. In addition, consultants are conducting a thorough desk study of documents, reports and observations related to the issues falling under the scope of the assessment.
The project is supported by the Westminster Foundation for Democracy (WFD), the UK's leading democracy-building foundation established in 1992. Over the years, WFD has grown in strength and diversity, working to achieve sustainable political change in emerging democracies. Working with and through partner organizations, WFD seeks to strengthen the institutions of democracy, principally political parties (through the work of the UK political parties), parliaments and a range of institutions that make up civil society.
PMCG and its Chairman, Aleksi Aleksishvili Advising the Government of Mozambique in Economic Reforms
PMCG chairman, Mr. Aleksishvili has been contracted as an Economic Reforms Adviser in the USAID Support Program for Economic and Enterprise Development (SPEED) Program in revising Mozambique’s Business Environment Strategy. The objective of the work is to review Mozambique’s Business Enabling Environment Strategy and provide advices for updating and revising the strategy in the context of international best practices. The US consulting companies, DAI and Nathans Associates are the main USAID contractors implementing the SPEED project.
The Strategy should impact private sector development in Mozambique and also affect the country’s performance exhibited in the Doing Business (DB) ranking and other international private sector competitiveness indicators.
The consultancy will cover the following tasks:
Review both Mozambique’s Business Enabling Environment Strategy along with recent work conducted by SPEED on improving Mozambique’s business environment;
Meet with key stakeholders in government and the private sector;
Provide experience from Georgia in improving the business enabling environment;
Offer recommendations for modifying Mozambique’s Business Environment Strategy;
Offer recommendations on the process for implementing business environment improvements;
Present Georgia’s experience and recommendations for Mozambique at a public forum.
SPEED is a USAID financed four-year project in Mozambique implemented by DAI and Nathan’s Associates, Inc. The USD 14 million-project, SPEED started in 2011 and should serve to improve Mozambique’s economic performance, competitiveness and business environment.
PMCG Leadership is Invited as a Doing Business Reform Adviser in Kosovo
Aleksi Aleksishvili, Chairman of PMCG, has been invited as a Doing Business Reform Adviser in Kosovo by the USAID Business Enabling Environment Program (BEEP). This three year project aims to improve the free market legal environment for business through effective implementation of reformed laws and regulations, and enhanced publication and accessibly of legal and economic information by national and local governments leading to increased knowledge and understanding by citizens of the legal framework. Chemonics is the main USAID contractor implementing BEEP project.
PMCG are responsible for reviewing the Doing Business recommendations for Kosovo developed by BEEP staff as well as the BEEP presentation for the international retreat; providing feedback and recommendations for government counterparts and BEEP delivered through the group and individual meetings with government officials and project staff.
Mr. Aleksi Aleksishvili was elected as First Vice Chairman of ICC Georgia
ICC Georgia held its third annual General Assembly at the Sheraton Metechi Palace, where Mr. Aleksishvili was elected as the First Vice Chairman of ICC Georgia. The Assembly also elected three new board members.
The International Chamber of Commerce of Georgia is one of the most influential business associations, which unites more than one hundred small, medium and large business organizations operating successfully in Georgia. The Georgian chapter of the International Chamber of Commerce was officially established in 2002.
ICC Georgia is a representative body that safeguards business interests of members and assists them in reaching success in a competitive market.
The International Chamber of Commerce is a world business organization with thousands of member companies and associations in around 130 countries. ICC works closely with UN, International World Trade Organizations, G8 and other Governmental Organizations.
PMCG is implementing Food Safety and Quality Standards (ISO 22000) in the restaurant chain “TeremOK”
PMCG and restaurant chain “TeremOK” signed the cooperation agreement in the scope of Georgia Regional Development Fund (GRDF), launched by Small Enterprise Assistance Funds (SEAF).
PMCG’s international advisors and consultants are implementing ISO 22000:2005 (Food Safety and Quality Standards). Cooperation includes the following stages:• Creating documents in accordance with the international standards and their implementation;• Preparing the quality control group in the company;• Preparing HACCP group;• Implementing prior-certification audit and prepare the company for certification.
“TeremOK” a fast-growing restaurant chain represented by 8 restaurants was founded in 2004. The company has about 100 employees and by the end of the year they plan to open several new facilities as well.
SEAF Management, LLC is a global investment firm, which established operations in Georgia in January 2007 to manage the Georgia Regional Development Fund (GRDF). GRDF was founded and capitalized by the Millennium Challenge Georgia (MCG) with funding from the Millennium Challenge Corporation (MCC).
PMCG is an independent management consulting company- established in 2007 and has already successfully implemented more than 50 projects in the Business Sector, as well as in Public Sector Consulting (Advisory).
PMCG Together with Partners Organized Workshop on GAP Assessment and Institutional Reform Plan
On the 25th of March, 2011 PMCG in association with Ticon (Latvia) and IBM Consulting (UK) organized a workshop on the Comprehensive Institution Building Gap Assessments and Institutional Reform Plans for the GAC (Georgian Accreditation Centre) and GEOSTM (Georgian National Agency for Standards, Technical Regulations and Metrology).
The Workshop summarized project implemented by IBM, Ticon and PMCG - Support to the Deep and Comprehensive Free Trade Agreement Preparatory Process in Georgia. Within this project a gap assessment of these Institutions was carried out, together with an "Institutional Reform Plan", which sets the priorities and "Action Plan" for future assistance.
A Memorandum of Understanding for the "Comprehensive Institution Building" programme (CIB) was signed between the European Commission and the Government of Georgia, to strengthen institutions having a key role to play in the Association Agreement and DCFTA process. GAC and GEOSTM will receive support under the "trade cluster" of the CIB.
Please see more information on this link
PMCG, as part of a consortium led by B&S Europe under the EU’s SIEA Framework Contract Lot 3, together with Evoluxer S.L., has recently started working on a mid-term evaluation of ten projects, conducted by the EU during 2017-2020 concerning comprehensive reform of public administration in Ukraine.
On July 9, Georgia’s Digital Transformation Consortium, initiated by Georgia’s large- and medium-sized IT and consulting companies and serving as an open and collaborative platform based on a public-private partnership model, was signed by about 40 representatives of the IT industry, consultants, academics, and industry associations at Georgia’s Innovation and Technology Agency (GITA).
We are working to contribute to the promotion of equal-opportunity access to employment and relevant skills training for both women and men under the European Bank for Reconstruction and Development (EBRD) Bakuriani Municipal Services Project - Inclusion & Gender Consultancy.
We recently launched a new project, aiming to strengthen knowledge and capacities regarding the design and implementation of free trade agreements (FTAs) of all countries of the Central Asia Regional Economic Cooperation (CAREC) program, which represents a partnership of 11 countries (Afghanistan, China, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Mongolia, Uzbekistan, Turkmenistan, Pakistan, and Tajikistan) and development partners working together to promote development through cooperation, leading to accelerated economic growth and poverty reduction, guided by the overarching vision of “Good Neighbors, Good Partners, and Good Prospects.”
In 2021, unemployment remains an unresolved obstacle for the Georgian economy and society’s most pressing problem. Over the years, diverse public opinion polls have indicated that unemployment is the most important issue at national level. For instance, in 2020, according to a public attitudes poll conducted by the National Democratic Institute, for 46% of respondents, the main challenge they were facing was unemployment.This issue focuses on changes in unemployment trends in Georgia in the period of 2017-2020 and provides an analysis of the effects of the COVID-19 crisis on unemployment in the country.
The wine industry in Georgia has experienced strong growth over the past decade in all key indicators such as exports, turnover, and employment and salaries (measured both in GEL and in USD). The financials of the sector have also looked impressive during this time.
The number of international travelers increased by 294.2% in June 2021 compared to the same period of 2020, and declined by 82.1% compared to the same period in 2019. Meanwhile, the number of international visitors increased by 286.8% (2021/2020) and declined by 79.8% (2021/2019), and the number of international tourists increased by 361.6% (2021/2020) and declined by 71.7% (2021/2019);
In June 2021, the number of visitors from Israel, Ukraine and Kazakhstan recovered to approximately 75% of their June 2019 levels;
During the period of 2018-2021, average hotel prices in Georgia peaked in 2018, gradually falling in 2019 before plummeting in 2020;
Prices of 5-star hotels experienced the highest volatility, while the prices of guesthouses were most stable;
In June 2021, the Hotel Price Index increased by 1.5% compared to the corresponding month of 2019, mainly driven by positive expectations about tourism’s recovery, as well as the low base effect due to the shock (Russian flight ban) in June 2019.
In Georgia, the average cost of a room in a 3-star hotel was 136 GEL per night in June 2021, while the average cost of a room in a 4-star hotel in Georgia was 243 GEL per night and the average cost of a room in a guesthouse was 81 GEL per night. The average cost of a room in a 5-star hotel in Georgia in June 2021 was 496 GEL per night. In Guria, the average price was 739 GEL, followed by Tbilisi - 644 GEL, Kakheti - 470 GEL and Adjara – 457 GEL.
The COVID-19 pandemic and the subsequent Great Lockdown have affected investment flows all over the globe, especially in emerging markets. According to UNCTAD, global Foreign Direct Investment (FDI) flows dropped by 35% in 2020, to $1 trillion, from $1.5 trillion in 2019. This is almost 20% below the 2009 levels after the global financial crisis. Moreover, the number of newly announced greenfield projects in developing countries declined by 42% in 2020 compared to 2019. To assess the impact of the crisis on the FDI flows in Ukraine, it is crucial to have a snapshot of the pre-crisis situation along with developments in 2020.
This bulletin focuses on remittance inflows into Georgia in 2020 and its development in 2021.
The social and economic stability of Georgia strongly relies on the money sent from emigrants to their families. Based on World Bank Data, in 2019, in terms of dependence on remittance inflows, Georgia ranked 21st in the world, with remittance inflows to GDP ratio. Moreover, the study conducted by the State Commission on Migration Issues revealed that in 2016 money sent by every second emigrant to their families accumulated half or 3/4 of family budget, and for the 15% of families remittance was the only source of income in Georgia.
The COVID-19 pandemic and imposed restrictions hindered economic activity in nearly every country, resulting in a negative effect on wages and employment for migrant workers and consequently, drying up of remittance inflows. In 2020 due to the emerged crises and uncertain situation, the World Bank projected shrinking remittance flows for low and middle-income countries by 7.2%3, while the IMF forecasted a 15%4 decline for Georgia. However, despite the crisis and pessimistic predictions in Georgia, the volume of remittance inflows in 2020 compared to 2019 has increased by 8.8% and reached the highest figure in the past decade - 1.9 BLN USD, amounting to 11.9%, expressed as a percentage to GDP.
According to this survey of Georgian economists, the economic climate in the country in the second quarter of 2021 is better than the first quarter of the same year. Georgian economists’ assessment of the current situation has improved, compared to the previous quarter and corresponding quarter of 2020, but nevertheless remained negative. The economists’ predictions for Georgia’s economic situation for the next six months were also negative. Their expectations for this period improved though, compared to their predictions in the first quarter of 2021, and were considerably more optimistic than the forecasts they made at the same time last year.
The number of international travelers increased by 141.6% in April 2021 compared to the same period of 2020, and declined by 86.8% compared to the same period in 2019. Meanwhile, the number of international visitors increased by 140.4% (2021/2020) and declined by 85.0% (2021/2019), and the number of international tourists increased by 182.2% (2021/2020) and declined by 78.2% (2021/2019);
The number of visitors to Georgia from Israel in April 2021 recovered to 70% of its April 2019 level, with its share in total visitors amounting to 12.2%;
Georgia’s four neighboring countries accounted for 71% of total visitors in 2019. None of these countries had vaccinated more than 20% of their population as of May 23, 2021;
Some countries that stand out for their high vaccination rates among Georgia's key source markets include Israel (63% of the population), United Arab Emirates (61%), the United Kingdom (56%), Hungary (52%), the United States (49%), and Finland (41%). Most EU countries have a rate of around 30-40%;
In April 2021, the Hotel Price Index decreased by 2.3% compared to the corresponding month of 2019, mainly driven by a price decline of 27.4% in Adjara.
In Georgia, the average cost of a room in a 3-star hotel was 132 GEL per night in May 2021, while the average cost of a room in a 4-star hotel in Georgia was 246 GEL per night and the average cost of a room in a guesthouse was 82 GEL per night. The average cost of a room in a 5-star hotel in Georgia in May 2021 was 402 GEL per night. In Guria, the average price was 600 GEL, followed by Tbilisi - 509 GEL, Kakheti - 432 GEL and Adjara – 391 GEL.
The research objectives are to examine the challenges that exist in the civil servants’ professional development system, in general, explore barriers specifically associated with the shift to online learning, assess the readiness of civil servants for online training, and develop recommendations to increase the effectiveness of remote teaching.The research methodology is based on a mixed-method design and combines qualitative and quantitative approaches: analysis of the existing documents, interviews with key informants, focus group discussions, and a computer-assisted telephone survey that is representative for professional civil servants working in the councils and town halls across the country. In order to provide in-depth analysis of the issue, the research draws on the perspectives of multiple stakeholders, including civil servants as well as representatives of the Civil Service Bureau, international organizations, and training centers.