With a strong recovery in train, the authorities are gradually withdrawing the policy stimulus released during the pandemic. Although debt is sustainable, there is a high risk of debt distress. At the same time, financing the Roghun dam project while implementing tax reform remains a key...

This study examines how improvements in the internal and external trade regimes, and the transport and trade facilitation systems can contribute to sustain rapid growth and attract foreign investment to win the race against the capital stock decline. Key recommendations are presented in a simple...