Business leaders across the Former Soviet Union are using some of the riches they have amassed in the last three decades to help in the fight against the coronavirus.
While Georgia’s lockdown enjoys support at home and abroad, the public health crisis has had a negative impact on the country’s political pluralism and opposition.
Global remittances are heading for the worst slump in recent history, with the steepest fall forecast for the Europe and Central Asia region, says a World Bank study.
Strategy is “to establish a greenfield, next-generation banking ecosystem for retail and MSME customers”. Given operating environment and coronavirus impact, business model has “enhanced emphasis on asset-light and cost-efficient operation".
The stop-shock caused by the coronavirus (COVID-19) pandemic has brought economies around the world to a screeching halt. 85 countires have turned to the IMF, the lender of last resort, for help