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Georgia's inflation has reached a new high

Georgia's inflation has reached a new high

Vegetable costs in Georgia have risen by 43% in the last year, oil by 31%, and bread by 19%. According to the Georgian National Statistics Office, inflation in the nation was 12.8% in October compared to the same month last year, a 10-year low.
World Bank grants Azerbaijan loan

World Bank grants Azerbaijan loan

The World Bank will provide Azerbaijan with a $65 million loan to fund a regional connectivity and development project aimed at providing safe, efficient, and climate-resilient transportation connectivity and improving market accessibility in the country's southern region.
Georgia demonstrates economic growth

Georgia demonstrates economic growth

Georgia's economy grew in the first nine months of this year as the nation removed most of the restrictions it had set to combat the coronavirus outbreak, companies reopened, and visitors began to return cautiously.
Political crisis continues in separatist Abkhazia

Political crisis continues in separatist Abkhazia

In Abkhazia, the opposition, having failed to achieve the resignation of the de-facto Minister of Internal Affairs, is now demanding the president resign. On November 4, two protests — one anti-government and the other pro-government – were staged simultaneously in Sukhumi.

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