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Kazakhstan and Uzbekistan. Rapid increase in defaults poses a threat to financial stability of the two economies. From a social standpoint, excessive debt can decrease households’ disposable…
Catastrophe bonds, also known as #catbonds, brings diversification to investment portfolios and provides robust performance in good and bad times. What could a cat bond for a Central Asian country…
Banking supervisors in Central Asia need to be prepared for a potentially sharp rise in NPLs. A recent World Bank policy paper assesses the NPL resolution framework in four Central Asian countries…
What happens if Kazakh oil and fossil fuel extractive industries cannot refinance their debt in the greening offshore markets? And what could be the implications of that for the country’s just…
Kazakhstan can set the foundations for green finance that would serve its carbon emission goals—helping to ensure a more sustainable and inclusive future for all Kazakhstanis.
What needs to be done then to promote financial wellbeing for more people in Central Asia?
Kazakhstan needs to work hard to boost its productivity to reach its ambition of high-income status by 2050, and to join the ranks of the 30 most developed countries.
Improving revenue administration could play in strengthening domestic resource mobilization while supporting sustainable forest management.
[[tweetable]]In a packed World Bank board room on April 13, 2019, Finance Ministers from over 20 countries came together as part of a Coalition of Finance Ministers for Climate Action. [[/…
Also available in: Français | العربية A boat trip from Port Elizabeth to Kingstown, in the Caribbean country of Saint Vincent and the Grenadines, is a one-hour trip that locals take several…