According to the commission's conclusion, the existing practice of setting price caps has already proven its effectiveness, which, while maintaining market stability, has limited excessive margins in the sector.The parliamentary group is proposing to extend price regulation to at least 60% of actively circulating medicines on the market. According to the commission's forecast, this step will directly affect the consumer's pocket."It is advisable to extend the system to at least 60% of actively circulating medicines. As a result, it is expected that the population will receive an average 40% reduction in prices for medicines that are not currently subject to reference prices," the commission's conclusion states.In parallel, the recommendation envisages a gradual expansion of the state program for the management of chronic diseases. Currently, the program covers 400,000 beneficiaries and its budget is 70 million GEL, although the commission indicates the need to include additional medicines.To stimulate competition in the market, the document calls for the optimization of the procedures for registering medicines. In particular, it is planned to remove the requirement for bioequivalence studies for those medicines that have been in circulation for more than 10 years under the jurisdiction of the European Medicines Agency (EMA) or other strict regulators.According to the commission, this change is important for local manufacturers, as it will reduce both financial and time costs. In addition, it is planned to strengthen the national GMP (Good Manufacturing Practice) certification mechanism for foreign manufacturers, which will facilitate the rapid entry of new products into the market.As part of the reform, the commission calls for the introduction of a unified, coordinated monitoring system. The system should ensure: Continuous analysis of the impact of regulations to avoid reducing the range or withdrawing less profitable medicines from the market Prevention of shortages of medicines by reviewing the terms of contracts with suppliers and ensuring uninterrupted supply The Commission's conclusion, which aims to improve the value chain, will have a positive impact on price dynamics and product availability in the medium term.

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DemandIn Mar-26, total number of sold apartments in Tbilisi, according to the Public Registry data, stood at 4,121 units, of which:• Sales on the secondary market increased significantly by 26.9% y/y to 2,068 (up 15.1% y/y in 1Q26).• Sales on the primary market, where data are impacted by delayed registrations, were up 36.0% y/y to 2,053 (up 16.6% y/y in 1Q26).G&T’s real-time survey of developers, which captures current trends on the primary market, shows a slowdown on the primary market demand in Mar-26, although sales were still up 8.6% y/y. Cumulatively, primary market sales were up 16.9% y/y in 1Q26. This largely reflects a low base effect from last year, driven by domestic political instability in Tbilisi.In total, 10,907 transactions were registered in Tbilisi in 1Q26, bringing the residential market value to US$ 958mn (+23.1% y/y).SupplyIn Mar-26, construction permits were issued for 17 residential projects, with total living area reaching 150,241 sq.m (-6.7% y/y). Notably, the living area of issued permits has contracted annually for the 6th consecutive month, signalling a normalization after previously elevated levels. Overall, living area of permits in 1Q26 was down 29.9% y/y.PricesIn Mar-26, primary market price increased moderately, up 0.4% m/m to US$ 1,403 per sq.m. The average price on the secondary market (for new buildings built with permits issued from 2013) was up 0.1% m/m, reaching US$ 1,305 per sq.m.RentsIn Mar-26, price for renting an average (50-60 sq.m) apartment in Tbilisi was at US$ 9.9 per sq.m (-1.2% m/m), keeping rental yield high at 8.5%.

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Georgia submitted its application to host the prestigious event in 2025, demonstrating its commitment and enthusiasm for showcasing its viticultural heritage on the global stage.The session was attended by Levan Mekhuzla, Chairman of the National Wine Agency.“The OIV is the most important organisation in the field of viticulture and winemaking. This decision will once again underline Georgia’s prominent place on the world map of wine culture – a country of great viticultural and winemaking tradition. Ultimately, this will contribute to the popularisation of Georgian wine and its establishment in the global market,” he stated.It is worth noting that Georgia has previously hosted international events organised by the International Organisation of Vine and Wine (OIV), notably the 33rd International Congress in 1962 and the 8th General Assembly in 2010.The OIV is an intergovernmental organisation comprising 51 member countries, including Georgia. Its activities include developing recommendations for viticulture and winemaking, improving wine production and grape processing techniques, and establishing international standards to foster excellence across the industry.

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GeoStat reports that sectors such as manufacturing, information and communication, professional, scientific and technical activities, mining, construction, and transport and warehousing made notable contributions to this growth in March 2026.Conversely, a decline was observed in the administrative and support services sector, as well as in hotels and restaurants.

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These permits cover the construction of buildings and structures with a combined area of 2,367.6 thousand square metres. GeoStat reports that nearly three-quarters of these permits are concentrated in four regions, with Tbilisi accounting for 48.7 per cent of the planned construction activity, followed by Kvemo Kartli at 10.1 per cent, and Kakheti and Mtskheta-Mtianeti regions each representing 7.8 per cent.Notably, during the first quarter of 2026, permits were issued for a diverse range of projects, including multifunctional residential complexes, shopping centres, hotels, industrial facilities, agricultural buildings, and other structures.However, the agency’s report also indicates a slight decrease in the number of facilities put into operation. A total of 683 facilities, covering an area of 722.5 thousand square metres, were commissioned in the same period, a 2.1 per cent decline compared to January-March 2025.More than two-thirds of these operational facilities are located in four regions: 31.8 per cent in Tbilisi, 13.8 per cent in Mtskheta-Mtianeti, 12.3 per cent in Kvemo Kartli, and 10.7 per cent in Kakheti.

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Statistical dynamics show that since 2021 (GEL 4.62 million), state funding for the sector has increased by 137.2%. Although the subsidy rate for 1 kg of Aleksandrouoli and Mujuretuli has remained stable at 4 GEL for the past four years, the increase in the total budget is related to the expansion of production scales and increased logistics costs.The subsidy has a short-term economic effect, says a GBC winemaker from Rachveli, who was interviewed by the agency on condition of anonymity.“We have been using subsidies since 2020. This is good for the enterprise, because it buys grapes cheaply, instead of 8 GEL, the enterprise pays 4 GEL. In fact, it buys at half price. This does not have a positive effect on the quality of the grapes, provided that the subsidy is issued. The farmer is guaranteed that he will sell the grapes. In practice, it is difficult to buy good quality grapes and buy a lot, because the subsidy issued by the government on the winegrower has an economic effect, they try to bring a lot in quantity and do not pay attention to the quality.In my opinion, there should not be one subsidized price for all types of grapes. The yield per hectare should be controlled so that we do not get low quality. The condition of the grapes should also be controlled so that they are healthy with the appropriate sugar content.The worst thing is that wine cannot be sold and have a surplus. In addition to the subsidy, the state purchased a very large amount of grapes itself in 2025. In other words, there was no demand for these grapes, and the fact that there was no demand is bad. The state should not have to purchase these grapes. But if it were not for the subsidy, in the absence of demand, many farmers would have unsold crops,” a winemaker from Racha said in an interview with GBC, adding that “the main challenge for the Racha-Lechkhumi winemaking sector is not the purchase of grapes, but the sale of wine. One of the winemakers notes that wineries need more help with sales, market research, and positioning than with purchasing grapes.”Although the subsidy per 1 kg of grapes (Aleksandrouli and Mujuretuli) has increased from 3 to 4 GEL and has remained stable for the past four years, industry experts believe that this does not mean an increase in farmers' net profits. The increased subsidy is mainly used to compensate for the increased cost of production.According to analysts, the 2025 “budgetary leap” increases the vulnerability of farmers, as the viticulture of Racha-Lechkhumi is becoming increasingly dependent on state donations, which poses a risk to the sustainability of the sector in the long term.

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The AAWE report, which is based on data from the US Census Bureau and USA Trade Online, reflects the effective tariff rates imposed on the value of imported wine during the year.The 7% tariff imposed on Georgian wine is lower than the rates of leading European wine-producing countries.Countries: Slovenia – 10% Austria – 9.5% Portuguese – 9.4% New Zealand – 9.4% Spain – 9.3% Germany – 9.3% Italy – 8.8% France - 7.4% In addition, compared to other countries in the region, wine imported from Georgia is taxed at a slightly higher tariff than Armenian (6.7%) or Moldovan (3.7%). The most favorable conditions in the US market are enjoyed by Mexico (0.0%) and Canada (0.3%).According to AAWE, several factors influenced the change in tariffs during 2025, including additional restrictions imposed on European Union countries (IEEPA).

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It is worth noting that in 2025, a negative natural increase (-6,452) and a positive migration balance (17,127) were recorded. As of January 1, 2026, 62.7% of the population of Georgia lives in urban settlements. In addition, the population of Tbilisi accounts for more than a third of the total population.As of January 1, 2026, the share of the population aged 0-14 in the total population is 19%, the share of the working-age population (age group 15-64) is 62.9%, and the share of the population aged 65 and older is 18.1%.As of January 1, 2026, the number of men was 1.88 million, and the number of women was 2.05 million. In addition, 48% of the population of Georgia is male, and 52% is female.According to Geostat, the sex ratio is 92, which means that there are 92 men for every 100 women. It is noteworthy that up to age 50, the number of men exceeds that of women, whereas after age 50 the opposite is true, due to women's higher life expectancy.In 2025, life expectancy was 76 years, including 71.4 years for men and 80.6 years for women.As of January 1, 2026, the median age of the Georgian population is 38 years.In 2025, the number of emigrants amounted to 114,374 people, which is 5.8% less than the previous year, while the number of immigrants decreased by 3.2% and amounted to 131,501 people.During the same period, 85.9% of immigrants, as well as emigrants, will be of working age (age group 15-64).In 2025, 47.2% of immigrants and 51.4% of emigrants will be Georgian citizens.

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According to the Prime Minister, negotiations on the project are in an active phase and specific details will be made public once the process is completed.“You will have updates on Anaklia in the near future. Let’s wait for developments,” Kobakhidze told reporters.The Prime Minister also highlighted the visit of Economy Minister Mariam Kvirivishvili to the People’s Republic of China. According to him, one of the main goals of the visit is to continue negotiations on the Anaklia port issue and to deepen trade relations between the two countries."The visit of the Minister of Economy to China will further promote the development of trade. All topics will be discussed, including the Anaklia issue," the Prime Minister said, adding that the specifics will be clarified after the negotiations are completed.

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The RPPI covers the market of new residential property in Tbilisi, both flats and detached houses segments.In the first quarter of 2026 a price increase compared to the previous quarter was registered both in flats (2.0 percent) and detached houses (1.1 percent) segments.Compared to the first quarter of 2025, the prices increased in both segments, for flats by 3.3 percent and for detached houses by 1.8 percent.

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