USAID | GOVERNING FOR GROWTH (G4G) IN GEORGIA QUARTERLY REPORT

The initiative focuses on improving the business environment, enhancing governance, and increasing access to finance. The G4G program is implemented by Deloitte Consulting LLP. The quarterly report for January 1, 2019, to March 31, 2019, highlights the progress made by the G4G program in achieving its objectives. The report notes that the program has made significant strides in improving the business environment in Georgia, particularly in the areas of trade facilitation and regulatory reform. The report also highlights the program's efforts to enhance governance and increase access to finance, including the establishment of a new credit guarantee program. One of the key achievements of the G4G program is the improvement in the country's ranking in the World Bank's Ease of Doing Business Index. Georgia's ranking improved from 8th to 6th place in the 2019 report, indicating a significant improvement in the business environment. The report also notes that the program has helped to increase the number of businesses operating in Georgia, particularly in the areas of trade and services. The G4G program has also made significant progress in enhancing governance in Georgia. The program has worked closely with the government to improve the country's regulatory framework, including the establishment of a new regulatory agency responsible for overseeing the energy sector. The report notes that the program has also helped to increase transparency and accountability in the government's decision-making process. In addition to improving the business environment and enhancing governance, the G4G program has also focused on increasing access to finance in Georgia. The program has established a new credit guarantee program, which has helped to increase access to finance for small and medium-sized enterprises (SMEs). The report notes that the program has also worked closely with the government to improve the country's financial sector, including the establishment of a new financial regulatory agency. The G4G program has also made significant progress in promoting economic growth and development in Georgia. The report notes that the program has helped to increase economic growth in the country, particularly in the areas of trade and services. The report also highlights the program's efforts to promote economic diversification, including the development of new industries such as tourism and agriculture. Overall, the G4G program has made significant progress in achieving its objectives in Georgia. The program has improved the business environment, enhanced governance, and increased access to finance, all of which have contributed to economic growth and development in the country.