News

Global Economic Prospects: Europe and Central Asia

Growth in Central Asia is anticipated to slightly moderate to 4.4% following agreed-upon oil production cuts by Kazakhstan.

World Bank supports energy access in Afghanistan

The World Bank’s Board of Executive Directors approved a $52.5 million grant for the Afghanistan Gas Project that will provide sustainable supply of natural gas to independent power producers in Northern Afghanistan.

Kazakhstan farmers to become key players in regional meat exports

The World Bank and the Ministry of Agriculture of the Republic of Kazakhstan publicly discussed the details of the proposed Sustainable Livestock Development Project aimed at facilitating the development of an environmentally sustainable, inclusive, and competitive livestock sector in Kazakhstan.

Central Asian water supply and sanitation experts share experiences at conference in Tashkent

The Central Asia Regional Water Supply and Sanitation Conference convened participants from the five countries of the region in Tashkent, Uzbekistan, to discuss best practices for building climate-resistant water supply and sanitation services.

Doing Business 2020 records important results in Tajikistan’s emergent reform program to improve the business climate

The World Bank Group’s Doing Business 2020 report has recorded three related reforms in the past year, earning Tajikistan a spot among the world’s top 10 most improved economies for ease of doing business.

Georgia ranks 7th in the world for ease of doing business, says latest World Bank Study

For starting a business, for example, Georgia leads alongside with New Zealand in having the lowest number of procedures required, according to the World Bank’s Doing Business 2020 study “Comparing Business Regulation in 190 Economies.”

World Bank Group supports critical private sector investments in Afghanistan’s energy sector

World Bank Group approved a financing package of 98.8 million consisting of guarantees, a loan, and swaps to support two gas-to-power energy projects in Afghanistan.

Clean and energy efficient heating initiative for ger area residents gets boost with additional financing from the World Bank

The World Bank Board of Executive Directors approved $12 million in additional financing for the Ulaanbaatar Clean Air Project.

Communities in rural Tajikistan to gain better access to clean water and sanitation, with World Bank support

Over 400,000 people in rural Tajikistan will gain access to clean drinking water and around 100,000 people, mostly children, will benefit from better sanitation facilities and hygiene training, thanks to the World Bank-financed Rural Water Supply and Sanitation Project, launched today in Bokhtar.

World Bank welcomes Uzbekistan’s continued reform commitment, increases support

World Bank Vice President for Europe and Central Asia, Cyril Muller, commended the Government of Uzbekistan for accelerating social and economic reforms to improve people’s living standards.