Economics

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.

A family business in the border town of Jermuk

Armenia

December 18, 2022

This is the story of a couple who started a family two years ago and set up a business in Jermuk immediately after the 2020 Karabakh war.

Parliament of Georgia approves budget for 2023. Where will $8 billion go?

Georgia

December 16, 2022

The Parliament of Georgia has approved the state budget for 2023. According to the draft, the total budget for 2023 will increase by 2,061,900,000 lari [about $784 million] compared to the plan of the previous year

"Russian bread" in Georgia - no real alternative

Georgia

December 08, 2022

What determines the price of bread in Georgia, and why the country is so dependent on Russia for wheat

Medical care in Turkey. Why Georgians do not trust their own healthcare system

Georgia

December 04, 2022

Every year more and more Georgian citizens go to Turkey for treatment. For some, Istanbul is hope of survival; for others it is the last hope of becoming parents.

What is Georgia selling in Europe? Eight years of the Association Agreement

Georgia - EU

December 01, 2022

y signing the Association Agreement with the European Union in 204, Georgia was exempted from export customs duties. What has happened since this?

Economic boom in Georgia the result of the war in Ukraine - CNBC

Georgia-Russia

November 28, 2022

While many economies are suffering from the impact of the Russian invasion of Ukraine, several countries are benefiting from the flow of Russian migrants and Georgia is among them, American cable news channel CNBC writes.

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