Georgian economy was characterised with high unemployment rates even during periods of economic upturn prior to 2008 global financial crisis, COVID-19 is likely to impact job market and income of people employed, therefore, it is important to consider their pre-pandemic state

PMC Research forecasts that budget deficit as a % of GDP will increase from 3.1% to 9.8% in the optimistic scenario, while in the less pessimistic and very pessimistic scenarios it will amount to 11.2% and 14.1%, respec­tively                                  

If the optimistic scenario proves true, Georgia’s real economy is expected to shrink by 4.3%, it is expected to decrease by 8% in case of less pessimistic scenario, while in the event of the very pessimistic scenario, the expected fall is 12.9%

In the second quarter of 2020, Georgian economic climate has significantly worsened, the present economic situation in this quarter has worsened drastically compared to the first quarter of 2020 and the second quarter of 2019

Number of international travelers in Georgia decreased by -62.3%, compared to the same period previous year, while number of visitors decreased by -79% and the number of tourists decreased by -56.1%

The average cost of a room in a 5-star hotel in Georgia in March 2020 was 274 GEL per night, in Mtskheta-Mtianeti, the average price was the highest, followed by Tbilisi, Samtskhe-Javakheti, and Guria

PMC Research elaborated a report with the purpose of prioritizing community problems in Mestia municipality through the analysis of central and local government competences 

The data analysis shows that in 2019, compared with the previous year, Georgia’s export has increased, while the country’s import decreased. In 2019, Georgia’s external trade balance amounted to negative $5.2 bln, which is a $0.49 bln decrease compared to the corresponding period of 2018.

The following research discusses the New Peace Initiative entitled “A Step to A Better Future,” launched in April 2018 by the Government of Georgia.

Local Development Strategy for Mestia Municipality 2020-2024, developed in 2019 by the Business, Public and Civil Sector of Zemo Svaneti with the assistance of PMC Research.

The purpose of the research is to study the nature and aims of Russian propaganda and disinformation campaign in Georgia and the steps taken by the state and civil society organizations in response.