South Caucasus economy news

Two cities in Abkhazia to be allowed to manage their own revenues

Abkhazia

March 31, 2026

This is expected to allow local authorities in Pitsunda and New Athos to address urban issues more quickly and effectively.

Abkhazia’s airport and bakeries: Why profitability remains elusive

Abkhazia

March 31, 2026

A recent parliamentary debate has shown that Abkhazia’s economy is still searching for a sustainable development model.

Pension rise in Armenia: economic growth or voter handout?

Armenia

February 27, 2026

Government’s pension rise branded pre-election bribery by opposition as officials cite stronger-than-expected economic growth