The historic spirit of cross-border trade in Central Asia is being revived in the energy sector.
A major priority for the North-South Road Corridor has been to ensure it is built for the long-term development needs of the country.
A forward-looking, regional approach is needed for countries in Central Asia to respond to the pandemic and prepare for future public health threats.
Governments in Central and West Asia must commit to reforms and get them right, or face a downward spiral. The costs of the crisis are already obvious in rising deficits and debt. There is no room for complacency.
State-owned enterprises, including power utilities, in many countries have collected a menagerie of assets unrelated to their core business. And they are selling cheap.
With expanding regional cooperation and a readily available platform, the building blocks are in place for Central Asia to achieve energy security, resilience and economic competitiveness.
By working together with countries to make sound socioeconomic development strategies, multilateral financial institutions can contribute substantially to the fight against the pandemic.
Bold action is required by policymakers and central bankers to keep the region’s economies afloat and contain the pandemic.
Underserved businesses run by women in Armenia need help to create a reliable client base and convince skeptical banks that their enterprises are a good investment.
Over-the-counter derivatives allow investors and lenders to price and structure tailor-made funding arrangements to promote long-term infrastructure finance.