Media About us
Banking Sector According to I - III Quarters, 2016
13-Jan-2017
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 of deposits increased (9.4%), as did the volume of loans (7.9%) (adjusted for exchange rate); the proportion for which construction (by 2.8 percentage points), financial intermediation (2.5 percentage points) and hotels and restaurants (3.0 percentage points) were responsible for total loans increased; the volume of non-performing loans increased by 9.5% which is mostly due to depreciation of GEL exchange rate.
Analyses of Construction Sector: I - III Quarters, 2016
28-Dec-2016
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 construction increased by 21.8% and reached US$106 bln; the number of people employed in the construction sector increased by 3.1% and amounted to 60.1 thousands of people; the average monthly remuneration of employees in the sector is 1,415 GEL.
Exchange Rate
26-Dec-2016
Maya Grigolia, Research Director at PMC Research discusses about the factors affecting Gel exchange rate.
2017 Budget Draft
02-Dec-2016
Mikheil Kukava, Researcher at PMC Research assesses 2017 Budget Draft.
Georgia-Armenia Trade Relations and EEU Membership
29-Nov-2016
Armenia’s integration into the EEU raises new barriers in trade relations between Georgia-Armenia.
What are the Challenges in Georgia-Armenia Trade Relations?
28-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 Armenia.
Armenia-Georgia Trade Relations: Getting close or Distant?
24-Nov-2016
PMC Research together with the Konrad-Adenauer-Foundation (KAS), hosted a presentation and public discussion of the research findings “Armenia-Georgia Trade Relations: Getting close or distant?”.
Georgia-Armenia Trade Relations
24-Nov-2016
Shushanik Safaryan, Researcher at PMC Research comments about the challenges in trade relations between two countries.
Barriers Between Georgia-Turkey Trade Relations
16-Nov-2016
Maya Grigolia, Research Director at PMC Research speaks about the barriers that Georgian businesses face while exporting to Turkey.
Georgia-Turkey Trade Relations
15-Nov-2016
What are the opportunities and challenges in trade relations between Georgia and Turkey, considering the Free Trade Agreement signed in 2007.
Free Trade with Turkey
15-Nov-2016
Discussing opportunities and challenges of Free Trade Agreement between Georgia and Turkey.
New Tax Reform
14-Nov-2016
What are the challenges and opportunities of the new corporate tax reform? Aleksi Aleksishvili, Member of Governing Board at PMC Research
De-dollarization
07-Nov-2016
Evaluating changes by National Bank of Georgia regarding minimum reserve requirements, aimed to the de-dollarization of the Georgian economy.
Budget Deficit
03-Nov-2016
Aleksi Aleksishvili, Member of Governing Board at PMC Research comments about budget deficit and economic growth rate.
Exchange Rate
02-Nov-2016
What are the major factors affecting exchange rate? Mikheil Kukava, Economist at PMC Research.
WB Doing Business 2017
28-Oct-2016
Aleksi Aleksishvili, Member of Governing Board at PMC Research discusses about The World Bank Doing Business 2017 report.
2016 Budget Implementation
27-Oct-2016
Mikheil Kukava, Economist at PMC Research analyzes 2016 budget implementation by first 9 months.
What are Average Monthly Remuneration of Employees in 2016, I-II Quarters?
20-Oct-2016
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 (12.9%) and fishing (22.7%); the highest paid sector is still financial services but the wages in public administration remain high compared to the average monthly remuneration across the board.
Assessing State Budget 2017
15-Oct-2016
Mikheil Kukava, Economist at PMC Research discusses about the structure of Georgia’s budget.
Challenges and Opportunities for Renewable Energy Directive Transposition
13-Oct-2016
The importance and use of renewable energy sources (RES) has been rising in recent years on a global scale. This tendency is expected to continue in the future because on the one hand energy is very crucial for our everyday life, economic growth and development of the country and on another hand countries has to be committed to take actions for an environmentally acceptable and sustainable development path.