At the annual National Forum dedicated to the topic ‘Human Capital and Sustainable Development’, PM Akylbek Zhaparov reported that Kyrgyzstan's GDP per capita may reach approximately $2,500 by the end of this year.
He emphasised that human capital is the basis of the growth and prosperity of the country and noted the need to unlock it.
‘Last year the GDP exceeded 1.2 trillion KGS and this year it is expected to grow to 1.5 trillion KGS. GDP per capita has doubled in the last four years and the country's budget has tripled in three years, with it likely to exceed 660 billion KGS in 2024,’ he said.
The Cabinet Chairman emphasised the importance of state integrity, people's unity and the need for tax timely payment to ensure the country's sustainable development.
The head of the Cabinet emphasized that the only wealth, the only potential that can raise Kyrgyzstan to new heights is the human capital embedded in our multinational people.
“Our President has clearly set the most important task before the Government - to unlock the potential of our citizens, create opportunities for receiving quality education and learning new skills, improving health, developing creative abilities, increasing jobs and supporting various initiatives. We believe that investments in education, health care, social security are the most effective investments that lay the foundation for a strong and prosperous nation of tomorrow. Today's forum is an invitation to government agencies, the private sector, civil society and our international partners to dialog on how we can build a Kyrgyzstan that in conditions of stability and peace will provide everyone with the opportunity to live, study and work in dignity,” he said.
Akylbek Zhaparov noted that the current economic policy has strengthened the country's position: last year Kyrgyzstan's GDP exceeded KGS 1.2 trillion, and this year the figure is expected to reach KGS 1.5 trillion.
“We expect GDP per capita to be around USD 2,500, so we can say that the volume of GDP has doubled in four years. The country's budget has tripled in three years, in 2020 it amounted to KGS 247.7 billion, and in 2024 it will exceed KGS 660 billion,” the head of the Cabinet said.
Reported by Akchabar and Kabar (Kyrgyzstan).
