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Azerbaijan and Georgia in World Bank Enterprise Survey 2019

Azerbaijan and Georgia in World Bank Enterprise Survey 2019

On 26 August, the World Bank published their Enterprise Survey, a firm-level survey of a representative sample of an economy’s private sector, for Azerbaijan and Georgia. Georgia’s results sparked even a public praise from the World Bank Regional Director for South Caucasus Sebastian Molineus.
Fitch revises Azerbaijan’s state budget outlook

Fitch revises Azerbaijan’s state budget outlook

According to the Fitch report, the planned budget deficit was raised to 12.4% of GDP from 2.3% in the original budget. An increase in the planned transfer from the sovereign wealth fund (SOFAZ) to the budget, should support the 1.7 AZN/USD exchange rate, which has faced less pressure in recent months.
Lavrov on the Armenian-Azerbaijani border clash

Lavrov on the Armenian-Azerbaijani border clash

Russian Foreign Minister: "The decision of the Armenian side to revive the old border checkpoint located 15 km from the Azerbaijani export pipelines caused heightened anxiety among some, an unjustified response from others and, as a result, launched a flywheel of confrontation with the most unpredictable consequences".

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“Caucasus Watch” is an independent platform, which provides coverage of recent developments in various locations of the Caucasus region for the German and overall European stakeholders. We are an international team of Caucasus enthusiasts and are currently looking for local contributors who focus on social, economic, political and security dynamics of the said region.

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