Anton Siluanov: dollar exchange rate not to strengthen against ruble
Russian Finance Minister Anton Siluanov has expressed the view that the ruble's current exchange rate may persist into the future, describing it as balanced.
forecasts
Russia's inflation to return to target in 2026 - Central Bank
The Central Bank of Russia expects inflation to return to low figures in 2026, consistent with its 4% target, which will enable it to cut the key rate "to acceptable levels," CBR Deputy Governor Alexei Zabotkin said.
Oil prices expected to fall globally
The market will face an oil supply surplus of approximately 2 mln barrels per day
IMF raises forecast for Iran's economic growth
The previous forecast was 0.3%
Kobakhidze expects Georgia's economic growth to exceed 7.2%
Georgia's economic growth this year has exceeded the rate of 7.3% forecast by the International Monetary Fund (IMF), Georgian Prime Minister Irakli Kobakhidze said.
Russian Central Bank's key rate may be reduced by 2% on September 12
The Central Bank will consider lowering the key rate at its September meeting, with a potential decrease of 1 or 2 percent, according to VTB.
Russian Central Bank’s key rate may reach16% by year-end - Sber
Sber expects the Central Bank’s key rate at 16% by the end of this year, the senior vice-president, head of finance block of the bank Taras Skvortsov said.
Turkey's GDP grows 3.2% in 2024
Turkey's economy grew 3.0% year-on-year in the fourth quarter of 2024, bringing full-year growth to 3.2%, official data showed. The Turkish economy was forecast to have expanded 2.6% year-on-year in the fourth quarter and by 3% in …
First power unit of Kazakhstani NPP may be built in 8 years
On average, the construction timeframe is 10-12 years
Central Bank forecasts Azerabijan's economic growth in 2025
The Central Bank of Azerbaijan forecasts the country's economy to grow by 3.3% in 2025, the bank's chairman Taleh Kazimov said. According to him, Azerbaijan's economy grew by 4.1% in 2024, growth in non-oil products …
Azerbaijani Central Bank keeps refinancing rate unchanged
The Central Bank of Azerbaijan made a decision to leave the refinancing rate unchanged at the level of 7.25%. According to …
World Bank predicts GDP growth decline in South Caucasus
Thus, experts predict the GDP growth, after which there will be a noticeable decline: in Georgia from 6% to 5%, in Armenia from 5% to 4.6%
Growth forecasts for Caucasus and Central Asia states revised up
The Asian Development Bank (ADB) has revised up the growth projection for the Caucasus and Central Asia to 4.9% from 4.7% for 2024 and to …
Stanislav Pritchin: Baku and Yerevan may sign a peace treaty within a year
The 2nd International Conference of the Western Azerbaijan Community "The Right to Return: Advancing Justice for Azerbaijanis Expelled from Armenia" took place in Baku the day before. Vestnik Kavkaza correspondent Marina Lagutina spoke with Stanislav Pritchin, Head of the Central Asia Sector at IMEMO RAS, about the prospects for peace in the South Caucasus.
Russia's Central Bank analysts raise forecasts for key rate
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%, …
Türkiye to reach 230 million people passenger flow by end of year
By the end of 2024, Türkiye wants to reach a passenger flow of 230 million people. From January to July, the country has already been visited by almost 130 million people.
World Bank projects Georgia's economy to grow
The Georgian economy has been projected to grow 5.2% in 2024 in the June edition of the World Bank’s Global Economic …
Georgian economy shows stable growth
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, …
U.S. Congress: national debt to grow to 166%
The U.S. Congressional Budget Office has kept its forecast for the country’s national debt to rise to a record 166% of GDP by the end of 2054. The U.S. national debt will increase from 99% of GDP in 2024 to 166% of GDP in 2054. …
IEA: global oil production drops
Global oil production in April 2024 decreased by 200,000 barrels per day (bpd) to 102 mln bpd, according to the International Energy Agency (IEA). It …
