Reliable power supply is essential to enhancing the quality of life and good performance of the power sector and reliable electricity services are vital to promoting private sector investments to diversify the economy and achieve sustainable economic growth.
Mongolia is a vast, sparsely populated country located between the People’s Republic of China (PRC) to the south and the Russian Federation to the north. Its western region suffers from a slow pace of development because of remoteness from the country’s political and economic centers and inadequate transport network.
During the first decade after the country regained independence in 1991, the quality and efficiency of water supply and sanitation services (WSS) in Azerbaijan declined because of poor management and inadequate investment.
Since the collapse of the Soviet Union, the Kyrgyz Republic has made significant progress in adopting market-based reforms, with private sector development as the key engine of growth. Nevertheless, growth has occurred largely from natural resource exploitation and remittances-backed private consumption.