Georgia: economy up in January-August 2018

Georgia’s economy grew by 4.8% YoY in the first eight months of 2018, announced the National Statistics Office of Georgia (Geostat). The estimated real gross domestic product (GDP) growth rate in August was 2%, Geostat said. Last month the estimated real growth, compared to the same period of the previous year, was posted in the…

Azerbaijan: draft state and consolidated budgets for 2019 submitted to president

Draft state, consolidated budgets of Azerbaijan for 2019 and indicators of the consolidated budget for the next three years have been submitted to Azerbaijani President Ilham Aliyev. The corresponding decision, published on September 26 in the newspaper “Khalg Gazeti”, was signed by Azerbaijani Prime Minister Novruz Mammadov. Also, the “Concept and Indicators of Azerbaijan’s Economic…