“Kyrgyzstan's GDP growth accelerated to 8.4% in January-September 2024, after 6.6% in January-August,” the Eurasian Development Bank said in its weekly review.
Analysts noted that much of the growth is driven by a boom in the construction sector, a good pace of domestic trade and an increase in agricultural production.
“High consumer activity is accompanied by growth in real wages, net remittance inflows and consumer lending. The positive dynamics of agriculture was formed in the conditions of high water in May-September 2024, replacing last year's period of low water,” the review said.
Positive dynamics is also noted in the real sector of economy. The volume of industrial production grew by 4.2% in January-September, after 0.7% in January-August. The positive impact on this indicator had a positive effect on the improvement of the situation in the sector of production of basic metals.
In general, the EDB partner countries show stability of key indicators of economic development. Inflation is declining or does not exceed the forecast values, industrial production and food output are steadily increasing.
Reported by Kabar (Kyrgyzstan).
On 14 October, the Kyrgyz Ministry of Economy and Commerce organised a practical meeting in Tokmak with representatives of local self-government bodies. The event was held by order of the Head of the Cabinet of Ministers Akylbek Zhaparov and aimed at strengthening interaction between local and central authorities.
Two key developments...
On 14 October, the Kyrgyz Ministry of Economy and Commerce organised a practical meeting in Tokmak with representatives of local self-government bodies. The event was held by order of the Head of the Cabinet of Ministers Akylbek Zhaparov and aimed at strengthening interaction between local and central authorities.
Two key developments...
Chairman of the Committee on Budget, Economic and Fiscal Policy of the Parliament Daniyar Tolonov spoke at the Second Meeting of Heads of Parliaments of Central Asian countries and Korea in Ashgabat (Turkmenistan) on Oct. 14, the press service of the Kyrgyz Parliament reported.
Thus, addressing the session “Economic cooperation, digital...
Chairman of the Committee on Budget, Economic and Fiscal Policy of the Parliament Daniyar Tolonov spoke at the Second Meeting of Heads of Parliaments of Central Asian countries and Korea in Ashgabat (Turkmenistan) on Oct. 14, the press service of the Kyrgyz Parliament reported.
Thus, addressing the session “Economic cooperation, digital...
At least 66 enterprises from Kyrgyzstan were included in the register of the Eurasian Economic Union for the first nine months of 2024, the Ministry of Agriculture reported.
In total, 420 Kyrgyz enterprises are in this EAEU list, including 44 enterprises engaged in the production of dairy products; 68 in the...
At least 66 enterprises from Kyrgyzstan were included in the register of the Eurasian Economic Union for the first nine months of 2024, the Ministry of Agriculture reported.
In total, 420 Kyrgyz enterprises are in this EAEU list, including 44 enterprises engaged in the production of dairy products; 68 in the...
A meeting was held between Director of the National Agency for Investment under President of Kyrgyzstan Talantbek Imanov and President of the Association of Italian-Kyrgyz Chamber of Commerce and Industry Paolo Todar and President of the Italian-Kazakhstan Chamber of Commerce and Industry Giulio Amaducci.
In the course of the meeting, Talantbek...
A meeting was held between Director of the National Agency for Investment under President of Kyrgyzstan Talantbek Imanov and President of the Association of Italian-Kyrgyz Chamber of Commerce and Industry Paolo Todar and President of the Italian-Kazakhstan Chamber of Commerce and Industry Giulio Amaducci.
In the course of the meeting, Talantbek...
The National Bank has officially denied reports that the so-called white dollar are being withdrawn from circulation. In recent days, social networks and messengers have been actively spreading misleading information that commercial banks and exchange bureaus allegedly do not accept these notes.
The bank emphasises that such information does not correspond...
The National Bank has officially denied reports that the so-called white dollar are being withdrawn from circulation. In recent days, social networks and messengers have been actively spreading misleading information that commercial banks and exchange bureaus allegedly do not accept these notes.
The bank emphasises that such information does not correspond...
The repurchase price of an ounce of gold bullion bars of the National Bank of Kyrgyzstan for 15 October was set at 229,697 KGS.
A day earlier, the regulator bought back from the population bars weighing 31.1035 grams at 229,175.5 KGS. Thus, an ounce went up in price by 521.5 KGS...
The repurchase price of an ounce of gold bullion bars of the National Bank of Kyrgyzstan for 15 October was set at 229,697 KGS.
A day earlier, the regulator bought back from the population bars weighing 31.1035 grams at 229,175.5 KGS. Thus, an ounce went up in price by 521.5 KGS...
The Russian-Kyrgyz Development Fund (RKDF) has announced its intention to invest in the construction of the Bazarbai Ata-Z mini-hydropower plant with a capacity of 600 kW in the Kadamjai district of the Batken region. The total project cost is KGS40.1 million, of which more than half or KGS22 million will...
The Russian-Kyrgyz Development Fund (RKDF) has announced its intention to invest in the construction of the Bazarbai Ata-Z mini-hydropower plant with a capacity of 600 kW in the Kadamjai district of the Batken region. The total project cost is KGS40.1 million, of which more than half or KGS22 million will...
According to the Ministry of Finance, in Kyrgyzstan, farmers' financing within the project on comprehensive improvement of the dairy sector productivity has been completed.
A total of 4,400 farmers have received funding under the project.
Under the Revolving Fund component of the Integrated Dairy Sector Productivity Improvement Project, the World Bank approved...
According to the Ministry of Finance, in Kyrgyzstan, farmers' financing within the project on comprehensive improvement of the dairy sector productivity has been completed.
A total of 4,400 farmers have received funding under the project.
Under the Revolving Fund component of the Integrated Dairy Sector Productivity Improvement Project, the World Bank approved...
Deputy Chairman of the Cabinet Bakyt Torobaev visited the Belaya Reka enterprise in the city of Kant and focused on the issue of milk purchase prices from farmers.
The Minister noted that the Ministry has developed a special pricing grid depending on the milk fat content, which should be introduced at...
Deputy Chairman of the Cabinet Bakyt Torobaev visited the Belaya Reka enterprise in the city of Kant and focused on the issue of milk purchase prices from farmers.
The Minister noted that the Ministry has developed a special pricing grid depending on the milk fat content, which should be introduced at...
According to the State Tax Service press service, since the fuel labelling system introduction in Kyrgyzstan, there has been an increase in excise tax revenues on fuels and lubricants. The State Tax Service (STS) with the marking operator Uchkun has already marked 4.9 thousand tonnes of gasoline and diesel fuel,...
According to the State Tax Service press service, since the fuel labelling system introduction in Kyrgyzstan, there has been an increase in excise tax revenues on fuels and lubricants. The State Tax Service (STS) with the marking operator Uchkun has already marked 4.9 thousand tonnes of gasoline and diesel fuel,...
Ambassador of Kyrgyzstan to Iran Turdakun Sydykov met with Deputy First Vice President of Iran Najafi Khoshroudi.
During the meeting, the sides discussed topical issues on the development of Kyrgyz-Iranian bilateral cooperation, the press service of the Kyrgyz Foreign Ministry reported.
Sydykov proposed to intensify joint efforts in realizing the potential of...
Ambassador of Kyrgyzstan to Iran Turdakun Sydykov met with Deputy First Vice President of Iran Najafi Khoshroudi.
During the meeting, the sides discussed topical issues on the development of Kyrgyz-Iranian bilateral cooperation, the press service of the Kyrgyz Foreign Ministry reported.
Sydykov proposed to intensify joint efforts in realizing the potential of...
Ten trolleybuses will be transferred from Bishkek to the Batken region. Mayor of the capital, Aibek Dzhunushaliev, said during a visit to Batken as part of the celebration of the 25th anniversary of the formation of the Batken region and the regional centre.
Incidentally, Batken has never had a trolleybus service,...
Ten trolleybuses will be transferred from Bishkek to the Batken region. Mayor of the capital, Aibek Dzhunushaliev, said during a visit to Batken as part of the celebration of the 25th anniversary of the formation of the Batken region and the regional centre.
Incidentally, Batken has never had a trolleybus service,...
Minister of Health of Kyrgyzstan Alymkadyr Beishenaliev and French Ambassador to Kyrgyzstan Nicolas Faye signed a declaration of intent on cooperation between the Health Ministries.
The two countries agreed to cooperate on maternal and child health care, innovations in health care, including digital health, support for investment projects, medical education and...
Minister of Health of Kyrgyzstan Alymkadyr Beishenaliev and French Ambassador to Kyrgyzstan Nicolas Faye signed a declaration of intent on cooperation between the Health Ministries.
The two countries agreed to cooperate on maternal and child health care, innovations in health care, including digital health, support for investment projects, medical education and...
The Russian stock market continues to move in a sideways range and the growth that began the day before has not dried up yet, moreover, on Tuesday, October 15, the Moscow Stock Exchange index rose above 2,800 points for the first time since October 7, so there are still more...
The Russian stock market continues to move in a sideways range and the growth that began the day before has not dried up yet, moreover, on Tuesday, October 15, the Moscow Stock Exchange index rose above 2,800 points for the first time since October 7, so there are still more...
Investments of the Rosatom state corporation this year may reach almost 1.5 trillion rouble, according to the company's materials for the meeting with Russian President Vladimir Putin, the head of the company Alexei Likhachev.
Earlier it was reported that the company's investments last year amounted to 1.2 trillion rouble.
"Rosatom is among...
Investments of the Rosatom state corporation this year may reach almost 1.5 trillion rouble, according to the company's materials for the meeting with Russian President Vladimir Putin, the head of the company Alexei Likhachev.
Earlier it was reported that the company's investments last year amounted to 1.2 trillion rouble.
"Rosatom is among...
The growth of China's foreign trade slowed down in September, according to data from the General Customs Administration of the People's Republic of China. Exports grew by the lowest 2.4% since April in annual terms, after expanding by 8.7% in August, although analysts surveyed by Trading Economics predicted an increase...
The growth of China's foreign trade slowed down in September, according to data from the General Customs Administration of the People's Republic of China. Exports grew by the lowest 2.4% since April in annual terms, after expanding by 8.7% in August, although analysts surveyed by Trading Economics predicted an increase...
According to the Chinese Centre for Foreign Exchange Transactions, compared with the previous trading day, the central parity rate of the Chinese yuan against the US dollar strengthened by 107 basis points to 7.0830 yuan per dollar.
On the previous trading day, the exchange rate of the yuan against the dollar...
According to the Chinese Centre for Foreign Exchange Transactions, compared with the previous trading day, the central parity rate of the Chinese yuan against the US dollar strengthened by 107 basis points to 7.0830 yuan per dollar.
On the previous trading day, the exchange rate of the yuan against the dollar...
