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On February 23, ISET Policy Institute (ISET-PI) hosted a final dissemination event under the “Strengthening Entrepreneurial Training in the Formal TVET System” project, implemented within the small grants scheme of the Millennium Challenge Account – Georgia, and funded by the US Millennium Challenge Corporation.
The project as a whole sought to bring entrepreneurship classes (and real-life Georgian business cases) to Georgian VET institutions. It was implemented by ISET-PI in partnership with the Entrepreneurship Development Agency (EDA), and the professional colleges Gantiadi (Gori) and Prestige (Telavi), as well as the Vocational Education and Training Center in Gldani.
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Dr. Tamila Nutsubidze, a consultant at the Healthcare and Social Issues Committee and the Budget and Finance Committee of the Parliament of Georgia, visited ISET to talk about the challenges of the non-contributory pension system in Georgia.
In the first part of the presentation, Dr. Nutsubidze gave a short overview about social/non-contributory pension schemes. According to existing literature, there are possible connections between social pensions and poverty reduction among old age populations. Dr. Nutsubidze highlighted that in most middle-income countries, dependence on a non-contributory pension is caused by the expansion of a substantial coverage gap due to a reduction in the number of workers who contribute to pension schemes.
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