economic growth

Generation Z and organisation of labour: struggle shaped by values

Azerbaijan

May 05, 2025

Although Generation Z in Azerbaijan currently lacks broad opportunities for labour organisation, their individual acts of resistance on social media are laying the groundwork for alternative forms of activism.

'Government should see this picture as shameful' – economist on Azerbaijan's import-export balance

Azerbaijan

March 26, 2025

Natig Jafarli: “Imports significantly exceed exports; the non-oil sector accounts for just 9.43%, posing risks to long-term stability”

Azerbaijan celebrates Novruz holiday

Azerbaijan

March 19, 2025

Novruz is one of Azerbaijan’s national holidays, symbolizing the arrival of spring, the awakening of nature, and the beginning of the new year.

Wages rise in Azerbaijan, but so do utility costs

Azerbaijan

January 10, 2025

Low-income citizens and economic experts believe that income growth does not offset the rising costs of food and utilities.

Azerbaijan to increase minimum wage by 16% in 2025

Azerbaijan

December 24, 2024

The minimum wage will be set at $235. While the increase is welcome, some economists believe the amount is insufficient given the current prices.

"Economic growth in Armenia is unstable": analysis of the situation and expert's forecast

Armenia

November 01, 2023

The government aims to achieve economic growth of 7% in 2024. Economist's comment on the likelihood of this target

"Positive momentum for investors" - Armenian economist on Moody's rating

Armenia

June 23, 2023

The ratings agency gives Armenia a sovereign rating of "Ba3"

$1 billion of foreign investments in Armenia: PR ploy or real growth?

Armenia

May 30, 2023

For the first time in the history of Armenia, the volume of foreign direct investment amounted to about one billion dollars.

Armenian budget $6.4 billion for 2023

Armenia

October 31, 2022

Most of the costs are planned in the social sphere at more than 25%, with defense in second place.

Unintended economic hit: how Armenia will suffer because of war in Ukraine

Armenia

April 04, 2022

Armenia and sanctions against Russia: In 2022, Armenia hoped to completely overcome the negative consequences of the coronavirus pandemic, however, the outbreak of the war in Ukraine has stalled these plans

Has Armenia's economy 'almost recovered'? Minister expects double-digit growth by end of year

Armenia

March 26, 2021

It is not the first time that Vahan Kerobyan has made such an ambitious statement, while the Central Bank has reduced the forecast for the country's economic growth in 2021 from 2 to 1.4%