The World Bank now forecasts that Uzbekistan's GDP will grow 6% in 2024, 5.8% in 2025 and 5.9% in 2026, according to the bank's latest Global Economic Prospects review. The bank's previous forecast in June predicted more …
According to Mikhail Mishustin, Russia's foreign trade is developing dynamically. He emphasized that the country's GDP has increased by 4.2% since the beginning of the year.
Russia's Central Bank analysts have again raised their forecasts for the average key rate in 2024, this time to 17.1% from the 16.8% they were predicting in July. The 2025 forecast rises to 16.1% from 15%, 2026 to 11.5% from 10.6%, …
The GDP in the Group of 20 nations increased 0.9% in the first quarter of this year on quarterly basis, the Organization for Economic Cooperation and Development (OECD) data showed. The figure accelerated from a 0.7% growth in the final …
The Russian Deputy Prime Minister, Alexander Novak, said that the investment flow to the Caucasus regions from Russian financial institutions has increased. According to him, "they have turned their attention to the region".
Georgia's GDP grew 11.8% year-on-year in April 2024, the Georgian National Statistics Service reported. The average growth rate for the first four months of 2024 was determined at 9%. Manufacturing, construction, …
Georgian Deputy Prime Minister, Economy Minister Levan Davitashvili said the country’s economic growth forecast was “positive” in the medium term and the domestic economy was set to become “one of the …
Russia's GDP in 2024 is expected to grow at the same rate as in 2023, when it expanded by 3.6%, Russia's Finance Minister Anton Siluanov said. "Russia is careful with the budget balance. Public debt remains at …
The Georgian GDP grew 8.3% year-on-year in December and by 7% in 2023, the Georgian National Statistics Office said. According to the office, last month’s growth was mainly driven by estimated real growth in construction, …
The International Monetary Fund has revised upward its estimates of economic development of Russia and forecasts Russia’s GDP to grow by 2.6% in …
Georgian Economy Minister Levan Davitashvili said the country would maintain the trend of economic growth this year. "The economic growth will be even higher in the coming years”, the minister said, adding that the latest …
Azerbaijan is among the top ten priority markets for foreign investors. This happened due to the country's stable macroeconomic indicators.
The International Monetary Fund predicts GDP growth in Georgia in 2022 at 10%, which is 1 percentage point higher than the previous forecast. In September, the IMF predicted that the Georgian economy would grow to 9%, and the inflation …
Russia's GDP in January-June 2022, according to preliminary estimates, decreased by 0.4% in annual terms, according to the Russian State Statistics Service (Rosstat). According to the latest estimate of Rosstat, in the Q2 of 2022, …
Georgian Prime Minister Irakli Garibashvili on Monday highlighted the Global Peace Index showed the country ranked second in the world with the ten-year progress in peacefulness, and credited this achievement with the “correct policy” …
Russian GDP fell an estimated 3.0% year-on-year in April after growing 1.3% in March, 4.1% in February and 5.6% in January, the Economic Development Ministry said in an economic review. The economy grew an estimated 1.7% year-on-year in …
World GDP at market exchange rates is expected to grow by 2.8% in 2022, down 1.3 percentage points from the previous forecast of 4.1%, according to the World Trade Organization (WTO)'s annual trade statistics and outlook report published …
The nominal gross domestic product (GDP) of Georgia amounted to 60.23 billion GEL ($18.7bln/€16.94bln) in 2021, up by 22.3% year-on-year, while the real growth of GDP also increased by 10.4%, the preliminary data from the National Statistics …
China's economic recovery quickened sharply in the first quarter to record growth of 18.3% from last year's deep coronavirus slump, propelled by stronger demand at home and abroad and continued government support for smaller firms. …
Russia's real GDP growth will recover to 2.3% in 2021, Moody's Investors Service said in a report published yesterday. "Following the sharp 2020 contraction, we forecast Russia's real GDP growth will recover …
