The purpose of this evaluation is to share the results achieved by the Canada-Ukraine Trade and Investment Support (CUTIS) project with key stakeholders, and to enhance future programming regarding economic growth by recommending ways to strengthen the involvement of Ukrainian SMEs in trade and investment.
The CUTIS project, valued at US$13.8 million and implemented by the Conference Board of Canada and the Canada-Ukraine Chamber of Commerce during 2016-2021, aimed to stimulate economic growth in Ukraine through expanding Ukrainian trade with Canada and encouraging Canadian investment in Ukraine. The project focused specifically on SMEs, including women-owned/operated businesses, in five trade sectors (information and communication technologies (ICT); chocolate and confectionary; clothing; footwear; and furniture), to help them to take advantage of increased access to global value chains. It encouraged Canadian companies to invest in Ukraine and to forge links with Ukrainian SMEs and other suppliers through global value chains.
The specific objectives of the evaluation are to:
In the course of conducting the evaluation, PMCG is undertaking the following activities:
On September 9, we presented the findings of the research entitled “Investment and Export Promotion via Diagonal Cumulation between Georgia, Türkiye, and the European Union” at a forum organized by the Ministry of Economy and Sustainable Development of Georgia with the support of the USAID Economic Security Program, the EU, and GIZ.
We recently started working on a new project entitled “Communal Infrastructure for Environment and Tourism Improvement - Lot 2: Accompanying Measures,” aimed at improving the living conditions of people in four Georgian municipalities (Baghdati, Vani, Samtredia, and Kazbegi) through improving the supply of hygienically-sound drinking water and environmentally-safe sanitation infrastructure.
We recently completed a project entitled “Executive Roundtable (ERT) Session on Non-Profit Budgeting Process,” carried out by the USAID HICD Activity and implemented by the Kaizen, Tetra Tech company, aiming to facilitate collaboration, collective learning, and organizational development in the non-profit budgeting process with a cohort of selected organizations, including the Georgian Young Lawyers Association (GYLA), the Georgian Institute of Politics (GIP), and the Georgian Association of Social Workers (GASW).
On September 19-23, the International Consortium on Governmental Financial Management (ICGFM) is hosting the 2022 International Conference at the University Club of Washington DC, offering the first opportunity in over two years for the global PFM community to gather in-person to network and connect with leading professionals and colleagues from across the world, in a unique and distinguished setting.
On July 28, PMCG supported a workshop organized by the EU and the Ministry of Environmental Protection and Agriculture of Georgia as part of the project “Support to Environmental Protection and Fight Against Climate Change in Georgia.”
In May 2026, hotel price index in Georgia increased by 11.8% MoM, with the largest increase observed in Kvemo Kartli, Adjara, and Tbilisi compared to previous month. In May 2026, hotel price index in Georgia increased by 8.7% YoY, with the largest increase in Adjara, Guria, and Kakheti. The average price of a room ranged from 121 GEL to 482 GEL in May 2026.
In April 2026, the number of salaried employees reached 1,012,141, increasing by 2.1% year-over-year. In April 2026, vacancies published on jobs.ge decreased by 5.2% year-over-year. Within this, vacancies in sales and procurement increased by 5.7%, while vacancies in IT and programming decreased by 17%. In Q1 2026, compared to Q4 2025, the efficiency of the labor market decreased, as the seasonally adjusted job openings rate remained unchanged, while the unemployment rate increased.
In 2025, Georgia’s economy grew by 7.5% in real terms, moderating from 9.7% growth in 2024. Economic expansion was driven mainly by ICT, education, and transport services on the supply side, alongside strong private consumption on the demand side. Economic activity remained robust at the beginning of 2026, with real GDP growth reaching 9.1% year-over-year (YoY) in Q1 2026. Issue 10 of the Macro Overview examines key aspects of Georgia’s economy and beyond, including: Economic Growth; Business Climate; Key Macroeconomic Indicators; Labor Market; External Sector; Global Economic Trends.
The Business Association of Georgia (BAG) Index is a joint product of the Business Association of Georgia, PMC Research Center, and the ifo Institute for Economic Research. The BAG Index summarizes the BAG Business Climate, BAG Employment Barometer, and BAG Investment Environment, which are calculated according to the assessments of the top managers of BAG member businesses and companies in their corporate group. BAG and PMC Research Center publish the BAG Index on a quarterly basis from Q4 2019.
In March 2026, the number of persons receiving a monthly salary reached 1,006,550, representing a 4.5% increase compared with March 2025. In March 2026, the total number of vacancies published on Jobs.ge increased by 6.3% compared with February 2026 and by 10.1% compared with March 2025. In the IT and programming category, the number of vacancies decreased by 22.3% compared with February 2026 and by 12.7% compared with March 2025.