As the banking crisis has snowballed over the past couple of years, donors’ calls for reform were ignored time and time again.
Uzbek silence over the Tajik dam project since Karimov's death does not mean it has dropped its opposition.
With tighter regulatory rules looming, life is not going to get any easier for the region’s banks.
There is a lot of talk of reform in Tajikistan, but given the regime’s record, few Tajiks are likely to benefit.
The Caucasus and Central Asia is embarking on one of its slowest economic recoveries since independence, as the region continues to battle the effects of low commodity prices and slowdown in key economic partners, the IMF says.
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