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Central Asia Caught in Economic Perfect Storm amid Oil Price Collapse and COVID-19 Pandemic

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By Azad Garibov

May 12, 2020, the CACI Analyst

The collapse of oil prices and outbreak of a pandemic seems to catch Central Asia in an economic perfect storm. Some regional energy exporters will suffer directly from low oil prices and the pandemic; others will face adverse economic consequences more indirectly, in the form of reduced gas demand in China or decreased remittances sent by migrant workers.

 

  • Central Asia
  • Coronavirus
  • COVID19
  • Oil
  • Oil price
  • Regional Energy
  • Russia
  • Kazakhstan
  • Turkmenistan
  • Kyrgyzstan
  • Tajikistan
  • Uzbekistan

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