Third Water Virtual Policy Dialogue

According to a recent report by the CAREC Institute, “Water Infrastructure in Central Asia: Promoting Sustainable Financing and Private Capital Participation,” infrastructure and relevant economic and financial regulations, which were developed during the Soviet period, for the water sector in Central Asia are outdated. The current water sector financial system still lacks efficiency and effectiveness indicators. While the investment environment in the water sector is not supportive of private funding, high competition for public funds led to a deficiency in financing the sector.