Apr CCA highlights: Azerbaijan and Uzbekistan keep policy rates unchanged, Armenia concludes 5th review of IMF's SBA, Georgia defies expectations and grows strongly, by 9.3 % YoY in 1Q
I review key economic and political events in the CCA in April:
Armenia: CPI rises to 3.3% YoY in Mar
Armenia: Monthly economic indicator grows by 3.7% YoY in Mar
Armenia: IMF and Armenia reach staff level agreement on the Fifth Review of the SBA
Armenia: FX reserves jump in Mar on Eurobond issuance
Armenia: IMF sees slower GDP growth over 2025 and 2026
Armenia: WB cuts GDP growth for 2025 and 2026
Armenia: ADB forecasts 5.7% GDP growth in 2025
Armenia: Construction of largest solar power plant with Emirati MASDAR will start in 2026
Armenia: Armenia's president signs law regarding country's intention to join EU
Armenia: No return to the "40+10" program, government tells displaced NK Armenians
Armenia: Armenia denies trilateral talks with Russia, Azerbaijan on Victory Day in Moscow
Armenia: CC head: Armenian Constitution contains no territorial claims
Armenia: Armenia aims to deepen atomic ties as talks on modular reactor continue
Armenia: Opposition advances new Genocide Denial bill
Azerbaijan: Central Bank keeps policy rate unchanged at 7.25%
Azerbaijan: IMF concludes 2025 Article IV Consultation with Azerbaijan
Azerbaijan: GDP grows by 0.3% YoY over Jan-Mar
Azerbaijan: CPI rises to 5.9% YoY in Mar
Azerbaijan: FX reserves increase to US$11.02bn in Mar
Azerbaijan: IMF anticipates moderation of GDP growth over 2025/2026
Azerbaijan: World Bank forecasts slower growth in 2025 and 2026
Azerbaijan: ADB sees 2025 GDP growth at 3.5%
Azerbaijan: Ministry of Finance ups 2025 GDP growth forecast
Azerbaijan: Oil and gas production rise in Mar
Azerbaijan: MoU signed in Baku to finance green energy corridor to Europe
Azerbaijan: SOFAZ increases gold reserves in 1Q2025
Azerbaijan: EU, Azerbaijan agree to resume negotiations on new partnership agreement
Azerbaijan: Azerbaijani President visits China
Georgia: CPI accelerates to 3.5% YoY in Mar
Georgia: Monthly economic indicator strengthens to 9.0% YoY in Mar
Georgia: FX reserves increase to US$4.31bn in Mar
Georgia: Government debt equals 35.8% of GDP in Mar
Georgia: Remittances improve in Mar
Georgia: PPI declines to 5.5% YoY in Mar
Georgia: Income from foreign travel robust in 1Q25
Georgia: NBG buys US$101.7mn in Mar
Georgia: Deposit dollarization moderates in Mar
Georgia: IMF forecasts slower GDP growth in 2025 and 2026
Georgia: World Bank foresees strong GDP growth in Georgia in 2025 and 2026
Georgia: ADB forecasts 2025 GDP growth of 6.0%
Georgia: Last year more Russian migrants left Georgia than entered
Georgia: President signs law on foreign grants
Georgia: Georgia rejects Russia's offer to restore diplomatic ties
Georgia: GD to outlaw opposition parties following local elections
Georgia: PM says Georgia sticks to its 6.0% GDP growth for the year
Georgia: Parliament passes the "FARA" law in its third reading
Georgia: Georgia's ex-PM Irakli Garibashvili announces end of his political career
Georgia: Georgian vice-premier holds first official meeting in US amid strained ties
Uzbekistan: CPI rises to 10.3% YoY in Mar
Uzbekistan: Inflation expectations decline in Mar
Uzbekistan: GDP grows by 6.8% YoY in 1Q25
Uzbekistan: Central Bank keeps interest rate unchanged at 14.0%
Uzbekistan: FX reserves keep on rising in Mar
Uzbekistan: Gross external debt decreases to 61.5% of GDP in 4Q24
Uzbekistan: IMF forecasts only modestly slower GDP growth in 2025 and 2026
Uzbekistan: World Bank anticipates continuation of robust GDP growth over 2025/2026
Uzbekistan: ADB sees robust economic performance by Uzbekistan in 2025 and 2026
Uzbekistan: Gas production declines by 2.8% YoY over Jan-Mar
Uzbekistan: IMF staff issues concluding statement of the 2025 Article IV Mission
Uzbekistan: Franklin Templeton issued license in Uzbekistan as a trustee
Uzbekistan: President approves IPO and SPO schedule for 12 state-owned enterprises
Uzbekistan: President approves list of 29 SOEs for privatization
Uzbekistan: Uzbekistan ratifies agreement on joining the Eurasian Development Bank
Uzbekistan: Uzbekistan to purchase 14 Airbus planes
Uzbekistan: Uzbekistan became world's top gold seller in February
Uzbekistan: EU investment bank to set up regional office in Uzbekistan
Uzbekistan: ADB and AIIB to finance first stage of green energy corridor project to Europe
Uzbekistan: Rosatom expected to start building large NPP in one year
Tajikistan: GDP grows by 8.2% YoY during Jan-Feb
Tajikistan: Inflation rises by 3.4% YoY in Mar
Tajikistan: GDP grows by 8.1% in Jan
Tajikistan: IMF sees sizably slower growth in 2025
Tajikistan: WB forecasts moderation of GDP growth in 2025
Tajikistan: ADB anticipates minor slowdown in economic performance in 2025
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