The gap closes In April 2020, total generation and consumption nearly balanced (944 mln kWh of generation and 941 mln kWh of consumption), with power generation exceeding consumption by only 3 mln. kWh (corresponding to 0.3% of total generation: Figure 1). This occurred due to the simultaneous decrease in total consumption (7%) and total generation (2%). Interestingly, over the same period, wind ...

Economic growth – a bird’s eye view of 2019 According to Geostat, the 2019 real GDP growth in Georgia was 5.1% year-over-year (YoY). This figure moderately surpassed NBG’s, ADB’s, ...

The consequences of COVID-19 on tourism and in the industrial and service sectors have been discussed broadly recently. However, little has been said about the current and future implications on the ...

The average cost of cooking one standard Imeretian Khachapuri in May 2020 stood at 4.18 GEL; 6.8% lower month-on-month compared to April. However, the Khachapuri Index did increase by 24.9% ...