ISET Launched a New Training Program with VTB Bank
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ISET is implementing a new training program, "Economics, Finance and Banking," with VTB Bank. The aim of the program is to introduce VTB Bank's employees to the major principles of economics, finance and banking.
The training program is now being conducted twice a week for 20 employees.
The ten-module training program is structured around the most important elements of economic understanding. The program covers how markets work in an open economy, how the exchange rate is formed, why we should worry about inflation, external disbalances, unemployment, what hinders economic growth, the benefits of free trade agreements, the role of the central bank, how monetary and fiscal tools work, etc. Each topic is based on real-life domestic examples that are the most pressing in Georgia.
NBG Governor Hosts Interactive Lecture at ISET
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On Thursday March 21, ISET hosted the Governor of the National Bank of Georgia (NBG), Mr. Koba Gvenetadze, who delivered a profoundly informative lecture to the ISET Community. Mr. Gvenetadze covered important aspects of long-term development challenges facing the Georgian economy based on the accumulated experience of past development in the country. The main topic of the seminar was a general overview of macroeconomic considerations in Georgia, future perspectives, and coordination between fiscal and monetary policies. The discussion about the recent hike in excise taxes, the “larization” program and de-dollarization measures, has now been enlivened inside the ISET community.
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