The World Bank predicts an economic slowdown in Kyrgyzstan due to the situation in Ukraine. Updated economic report of the bank says.
It is noted that the consequences of Russia’s invasion of Ukraine could negate the progress made by Kyrgyzstan in 2021, when GDP growth reached 3.6 percent.
According to World Bank forecasts, the economy may shrink by 5 percent by the end of 2022, and inflation could exceed 18 percent.
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