Southern Gas Corridor drives FDI as Tbilisi seeks to become node for transport of freight and oil and gas between Europe and Asia.
Armenia’s consumer price deflation continued its steady pullback in November as the fall trimmed to 0.6% y/y from 0.9% a month earlier.
Consumer prices in Kazakhstan increased by 8.7% y/y in November, easing from a 11.5% hike in October.
Kazakhstan's central bank cut its policy rate to 12% from 12.5% citing easing price growth.
Turkey is at the bottom of the World Justice Project Rule of Law Index 2016 but only just above Russia, Kyrgyzstan and Ukraine.
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