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Extra resources for Energy in Europe and Central Asia: A Sector Strategy for the World Bank Group (World Bank Discussion Papers,)
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Initiatives include the preparation of comparative reviews of the experience of Europe and Central Asia countries and the organization of seminars for government officials and enterprise managers. Operating budget. Figures 6 and 7 show the allocation of the FY98 operating budget of the Europe and Central Asia Energy Sector Unit across countries and subsectors (based on Work Program Agreements). Notably, Page 18 · About one-third of the budget goes to only two countries, Russia and Ukraine (the total operating budget is $9 million).
The differences across energy subsectors are equally striking. Many countries have recognized that competition among solid and liquid fuel suppliers is essential to ensure quality services for customers. Only a few countries have started creating a framework for competition among electricity and natural gas suppliers. What governments in the region see as the maximum pace at which they can restructure their economies heavily influences reform and adjustment in the energy sector. Reform often is competing with fiscal adjustment, restructuring of the financial sector, and other reform initiatives.