Cost-benefit Analysis (CBA) of Economic Reforms on Tourism Legal Framework
PMO prepared a Cost Benefit Analysis (CBA) of economic reforms related to the tourism legal framework in Georgia. The ultimate objective of CBA was to equip policy-makers with evidence-based information on the anticipated impacts of intended changes in policies and regulations. It aimed to facilitate informed decisions regarding different areas' policies, laws, and regulations.
CBA was conducted by mixed research methods. This methodology involved using secondary data processing techniques to examine relevant indicators, as well as engaging stakeholders through consultations and surveys.
The CBA captured the overall impact of planned policy interventions, identified related policy costs, and summarized the benefits incurred through the reforms.