The IMF has approved the disbursement of $111 million to Georgia under its Extended Fund Facility (EFF) to support the ex-Soviet country's economy and help it to strengthen resilience to shocks.

The assertiveness with which the government of President Ilham Aliyev is purging certain figures suggests a degree of post-war confidence that previous "untouchables" - once too thorny to confront on the backdrop of a war situation - are now fair game.

Fitch Ratings has revised JSC TBC Leasing's (TBCL) outlook to "stable" from "negative", while affirming the company's Long-Term Issuer Default Rating (IDR) at 'BB-' and Support Rating (SR) at '3'.

British oil major BP plans several maintenances on oil and gas platforms in Azerbaijan in 2021. A BP-led consortium produces oil at Azerbaijan's giant off-shore Azeri-Chirag-Guneshli (ACG) oilfields, which account for most of the country's oil production. Another international consortium that is also led by BP produces natural gas at the major Shah Deniz field.