Georgia’s economy is made of two components: the so-called formal sector and the “unobserved” part. In the observed part of Georgian economy, 96 percent of all registered firms are small or medium sized enterprises (SMEs). However, there are many registered firms
TBILISI, DFWatch–The problem of bad loans gets huge attention nowadays. It has become a headache for all from bank managers to government authorities. Bad loans were basically the driver of the recent world economic downturn. The situation is no different in Georgia.
Foreign Direct Investment (FDI) inflows to Georgia fell significantly from the second quarter of 2012, closing the year 23% down from 2011. After several years of steady recovery, this is a serious concern for policy makers. Georgia’s domestic capital market is
In 2011 inflation can be regarded as one of the major challenges for the Georgian economy, writes Irina Guruli, program coordinator at the Economic Policy Research Center.
Even though Georgia has been successful in suppressing the inflationary pressure