Economics

The new "law on apartments" in Abkhazia: why is it forbidden to sell real estate to foreigners?

Abkhazia

February 16, 2023

Abkhazian real estate law is about change - a new workaround will allow foreigners to invest in property; but who benefits?

Cooperation between Azerbaijan and the Balkans: Analysis from Baku

Georgia

February 08, 2023

A main area Azerbaijan's foreign policy is the strengthening ties s with the Balkan countries.

Wages increase by 15% and prices by 30% in Azerbaijan. Expert's comment

Azerbaijan

February 01, 2023

Economist and opposition voice believes the cause is poor management and cost assessment

Deposits from foreigners and citizen loans increase in Armenian banks

Armenia

February 01, 2023

According to the Central Bank, the deposits of foreign citizens increased by more than 96%, and citizens by almost 30%.

Benefits of solar energy in Armenia: three examples

Armenia

January 26, 2023

In Armenia, the number of people using solar energy has increased dramatically. A businessman, a housewife, and an energy expert explain why.

Stagnant economic ties in the South Caucasus: Three stories

Azerbaijan-Armenia-Georgia

January 26, 2023

A JAMNews pictorial overview of some segments of trade relations between Georgia, Armenia, and Azerbaikjan

Inflation in Azerbaijan, its causes and consequences

Azerbaijan

January 24, 2023

What is the severity of inflation in Azerbaijan and how is it affecting average citizens?

Turkey Georgia's main trading partner

Georgia

January 23, 2023

Georgia and Turkey trade relations are booming, with total turnover topping $2.8 billion in 2022, mainly from Turkey to Georgia

Record $2 billion+ transferred from Russia to Georgia in 2022

Georgia

January 17, 2023

In 2022 about $4.4 billion was sent to Georgia from Russia, nearly 200% over 2021

Western goods reaching Russia through Georgia

Georgia-Russia

January 16, 2023

Western goods reaching Russia through Georgia - a New York Time report on the circumvention of sanctions

Minimum wage increase in Abkhazia - experts say concern for citizens has nothing to do with it

Abkhazia

January 11, 2023

The minimum wage in Abkhazia has increased. But economists believe that the goal is not to improve the lives of citizens.

Georgia economic growth forecast for 2023

Georgia

January 11, 2023

Georgia to end 2022 in double-digit economic growth

Minimum wage and pensions increases in Azerbaijan - experts uncertain

Azerbaijan

January 05, 2023

The increase in the minimum wage amounted to 15%, and the minimum pension to 16%. According to experts, these figures can't make up for the level of inflation

"Slave Market"

Azerbaijan

January 05, 2023

There is a persistent myth in the regions of Azerbaijan that the country's capital is a "city of opportunities"

Poverty

Traveling the Caucasus

January 04, 2023

Poverty in Azerbaijan, Armenia, Georgia - an investigation into how authorities and the people disagree about assessing its extent

Abkhazian tangerines barred from Russia due to increased checks at the border

Abkhazia

December 27, 2022

Residents believe the matter is political, but no clarity has been offered from either side.

Deficit: the budget in Abkhazia

Abkhazia

December 22, 2022

The republic's authorities are talking about economic growth and raising living standards. But the budget of Abkhazia for 2023 paints a different picture.

Georgia's budget for 2023: social spending predominates

Georgia

December 20, 2022

In 2023, with the approval of the parliament, the government plans to mobilize and spend a record amount for Georgia -- 21,900,000,000 lari. At the exchange rate for December 2022, this amounts to 8,200,000,000 dollars.

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