Stretching across Uzbekistan and Kazakhstan, the Aral Sea was once the fourth largest lake in the world, similar in size to the island of Ireland. For decades now, however, its size has been greatly reduced as a result of Soviet-era mismanagement...
Tag - World Bank
The World Bank has warned that the Covid-19 pandemic could have a detrimental and long-lasting impact on education and human capital, economic and social development in...
For the first time since the late 1990s Kazakhstan’s economy is expected to contract by projected three per cent in 2020 before a moderate recovery of 2.5 per cent in...
The International Monetary Fund (IMF) has approved an 18-month Stand-by Arrangement for Ukraine worth five billion US dollars. The approval means Ukraine can receive an...
Almost three months since the majority of the countries of emerging Europe imposed strict lockdown restrictions in order to prevent the spread of coronavirus, life is...
The number of health-related public procurement tenders announced by governments and international organisations in emerging Europe increased by 80 per cent in the first...
A banking crisis in Azerbaijan deepened this week when four of the country’s largest banks – Atabank, AGBank, NBCBank, and Amrah Bank – were taken into...
This was a week in which the managing director of the International Monetary Fund, Kristalina Georgieva, called for “a global response like no other to deal with a...
Economies across emerging Europe are bracing for a sharp fall in remittances from foreign workers, with remittances to Europe and Central Asia projected to decline by...
So many forecasts, so many assumptions, so many reports. I’ve spent the week reading them all, and have pulled together the most coherent and interesting into one...
Georgia has long been viewed as one of the most successful emerging economies in the world, a bastion of economic liberalism and a model for others to follow. In recent...
Romania has activated 400 million euros of pre-arranged financial support from the World Bank to help prevent and respond to the Covid–19 pandemic. The financing covers...
