The historic spirit of cross-border trade in Central Asia is being revived in the energy sector.
The pandemic has shown central bankers and public debt managers that innovation and creativity are needed to maintain borrowing opportunities and keep local currency bond markets functioning.
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.
Micro, Small and Medium-Sized Enterprises in Kazakhstan need increased financing coupled with targeted, innovative solutions to continue driving the economy and creating jobs.
Central Asia’s long-term economic prosperity depends upon participation in global value chains and upgrading to higher value-added activities.
During the pandemic, corruption in projects could mean the difference between life and death for the poor and vulnerable.
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.
Central Asia is improving food safety measures to share with the world some of the more than 8000 plant species, as well as livestock, from the region.
Trade via rail in Central Asia has proven highly effective in recent years. It needs further support to take it to the next level.