Finance

World Bank Lifts Georgia to 7%, Cuts Azerbaijan to 1.2%

The World Bank's October update lifts Georgia's 2026 growth forecast to 7% and Armenia's to 5.6%, and cuts Azerbaijan to 1.2% on oil decline.

World Bank Lifts Georgia to 7%, Cuts Azerbaijan to 1.2%

Top News

Azerbaijan Budgets $65 Oil and $31bn Revenue to 2030

Azerbaijan Budgets $65 Oil and $31bn Revenue to 2030

Azerbaijan's 2027 to 2030 spending framework assumes $65 oil and 52.7bn manats of revenue in 2030, with 13.2bn manats for the liberated territories.

by 
CBJ Finance Desk
October 17, 2026
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Armenia Moves to Take Over 100% of ENA Shares
October 4, 2026
Armenia Moves to Take Over 100% of ENA Shares
Amulsar Gold Mine Starts Operations After $750M Investment
October 4, 2026
Amulsar Gold Mine Starts Operations After $750M Investment
Russia Halts Wine, Water Imports From Seven Georgian Firms
October 4, 2026
Russia Halts Wine, Water Imports From Seven Georgian Firms
Uzbekistan, Georgia Reaffirm $1bn Trade Goal in Tsinandali
October 4, 2026
Uzbekistan, Georgia Reaffirm $1bn Trade Goal in Tsinandali

Energy

Armenia Moves to Take Over 100% of ENA Shares
October 18, 2026
Armenia Moves to Take Over 100% of ENA Shares
Vallourec to Supply 16,000 Tonnes of Pipe for Absheron
Vallourec to Supply 16,000 Tonnes of Pipe for Absheron
Azerbaijan Plans 11 Solar and Wind Plants by End-2027
Azerbaijan Plans 11 Solar and Wind Plants by End-2027
Azerbaijan's Renewable Output Hits 4.2bn kWh in 9 Months
Azerbaijan's Renewable Output Hits 4.2bn kWh in 9 Months
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Finance

Azerbaijan Budgets $65 Oil and $31bn Revenue to 2030
October 18, 2026
Azerbaijan Budgets $65 Oil and $31bn Revenue to 2030
Azerbaijan's Household Debt Reaches 18.7% of Income
Azerbaijan's Household Debt Reaches 18.7% of Income
Azerbaijan's Bad Loans Rise 25% to $561.4m in H1
Azerbaijan's Bad Loans Rise 25% to $561.4m in H1
Azerbaijan's Banking Assets Rise 6.8% to $35.8bn in H1
Azerbaijan's Banking Assets Rise 6.8% to $35.8bn in H1
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Armenia: Council extends the mandate of the EU civilian mission for two years

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Voices

The Middle Corridor Is the Caucasus's Real Growth Story - and It's Still Under-Built
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The New Geopolitics of Energy: How Renewables Reshape Caucasus Power
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Navigating Change: Key Leadership Trends for 2025
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Innovation

Fitch Holds Armenia at BB- and Flags Firebird AI Data Centre
October 13, 2026
Fitch Holds Armenia at BB- and Flags Firebird AI Data Centre
DigiTec 2026 to Close With Fintech Conference on Dram Day
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AzerTelecom and DE-CIX to Launch AZE-IX, Baku's Neutral Exchange
AzerTelecom and DE-CIX to Launch AZE-IX, Baku's Neutral Exchange
Silk Road Group Starts Georgia Data Centre Build as Tbilisi Chases Digital Capacity
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Diplomacy

TRIPP Route Stalls as Iran War and Russian Rail Claims Delay Armenia Link
October 18, 2026
TRIPP Route Stalls as Iran War and Russian Rail Claims Delay Armenia Link
Uzbekistan, Georgia Reaffirm $1bn Trade Goal in Tsinandali
Uzbekistan, Georgia Reaffirm $1bn Trade Goal in Tsinandali
TRIPP Corridor Work Now Expected to Start in 2027
TRIPP Corridor Work Now Expected to Start in 2027
Kobakhidze Says TRIPP Complements the Middle Corridor
Kobakhidze Says TRIPP Complements the Middle Corridor
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