The Belarusian government forecasts the nation's GDP growth at 2.1% year-on-year in 2019, 2.5% y/yin 2020, and 2.8% y/y in 2021, according to the cabinet's medium-term fiscal programme for 2019-2021 ... more
The month of March was taken up with campaigning for the presidential elections to be held on March 31, which were far to close to call but will almost certainly end with a run off to be held in ... more
While Rosstat’s 2.3% initial estimate for Russian 2018 GDP growth clearly exceeded expectations, the latest BOFIT Forecast for Russia 2019–2021 sees growth slowing this year. Lower growth in ... more
US State Department officials have warned that more sanctions targeted at Iran are on the way. The officials addressed a meeting on “Sanctions: A Key Foreign Policy Tool” held at the department ... more
Georgia, the small South Caucasus country of 3.9mn, expanded by 4.8% y/y in Q4 from Q3’s 3.7% y/y, meaning the country expanded by 4.8% y/y in 2018 overall. That compares to 2017’s 5% advance and ... more
The National Bank of Ukraine (NBU) reviewed downwards the assessment of growth of real GDP of the country in 2018 to 3.3% from 3.4%, but the change is unimportant as Ukraine continues to grow well ... more
The Belarusian economy is basically doing pretty well, although growth has fallen off in the last year. The country finished 2018 with 3% growth, however, in January growth fell to a low 0.7% on an ... more
Russia’s economy put in a modest 0.7% growth in January y/y, as expectations for this year remain subdued, despite a controversial upgrade to 2.3% growth by Rosstat for the whole of 2018. ... more
Iran has accused the US of creating a “war” situation with its reintroduction of heavy sanctions on November 5 designed to force the Iranians to the table to renegotiate their Middle East ... more
Georgia, the small South Caucasus country of 3.9mn, expanded by 4.8% y/y in Q4 from Q3’s 3.7% y/y, meaning the country expanded by 4.8% y/y in 2018 overall. That compares to 2017’s 5% advance and ... more
Belarus had a good year in 2018 and the economy grew by 3% year-on-year, according to the national statistics agency Belstat. The Belarusian economy has been recovering well on the back of the ... more
Ukraine will continue its recovery in 2019, but growth will be weak, the International Monetary Fund (IMF) said on January 8, according to a report of the IMF published along with the text of the ... more
Russia’s banks and companies are back in profit, but the population are miserable and feel poor. Last year Russia earned a record current account surplus of $114.9bn, but real incomes in 2018 fell ... more
Georgia, the small South Caucasus country of 3.9mn, expanded by 4.8% y/y in Q4 from Q3’s 3.7% y/y, meaning the country expanded by 4.8% y/y in 2018 overall. That compares to 2017’s 5% advance and ... more
Iran has accused the US of creating a “war” situation with its reintroduction of heavy sanctions on November 5 designed to force the Iranians to the table to renegotiate their Middle East ... more
Iran has accused the US of creating a “war” situation with its reintroduction of heavy sanctions on November 5 designed to force the Iranians to the table to renegotiate their Middle East ... more
Just the threat of new “crushing” US sanctions that may be adopted in the autumn is already hurting the Russian economy in August. The Ministry of Economic development has already revised the ... more
Iran’s economy expanded by 3.7% during the 2017-2018 Persian calendar year (ended March 20), according to a report released by the Central Bank of Iran (CBI) on June 16. Further revisions of ... more
Belarus' economic growth was higher than expected in the first half of this year topping 4.5%, which is almost twice the 2.8% forecast at the start of the year. The government is using the windfall ... more
The Ukrainian economy is growing at a healthy rate, slightly ahead of analysts expectations, but still well below its potential especially following such a deep contraction in 2015. However, GDP ... more