Georgia has improved its position in all 12 categories in the SME Policy Index-2020 by OECD published by the Organisation for Economic Cooperation and Development (OECD). The previous report that was published in 2016.

In 9 out of 12 categories Georgia received the highest scores among the countries of the Eastern Partnership.

“Georgia has made further progress since 2016 by adopting a more strategic approach to small and medium-sized entrepreneurship development through targeted initiatives. The adoption of the SME Development Strategy 2016-2020 and respective action plans, the improvements made to entrepreneurial learning and women’s entrepreneurship, the continued simplification of business registration, and the increase in e-government services have drastically improved the operational environment for SMEs”, - reads the report.

The report recommended that the Government of Georgia should prioritize the creation of level-playing-field conditions for enterprises of all sizes and provide for more-efficient enforcement of contracts and competition law.