The challenges are significant when 85% of the population is unbanked and the country has no capital markets. The acting governor of Da Afghanistan Bank outlines his plans to build from the ground up, promote financial inclusion, and learn from countries like Cambodia.
Continued infrastructure investment from multilaterals, especially that linked to the training of women, is helping Tajikistan develop a future for tourism, but international investors remain wary to say the least.
After a lacklustre few years thanks in part to over-regulation, Pakistan is cleaning up its image for issuers and investors and betting on simplified IPO rules to catalyse the market. Three IPOs are waiting for approval and more are in the wings, bankers claim.