Kyrgyzstan's GDP Forecasted to Exceed 1 Trillion 410 Billion Soms by 2024
The Ministry of Economy predicts that Kyrgyzstan's GDP will exceed 1 trillion 410 billion soms by 2024 with a 6% growth rate, as announced by Prime Minister Akylbek Japarov.
The Ministry of Economy predicts that Kyrgyzstan's GDP will exceed 1 trillion 410 billion soms by 2024 with a 6% growth rate, as announced by Prime Minister Akylbek Japarov.
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Prime Minister Akylbek Japarov announced that the Kyrgyz Republic's economy is adapting to the post-COVID and geopolitical situation, with a growth rate exceeding 7 percent.
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An additional agreement has been signed to increase the charter capital of the Azerbaijan-Kyrgyz Development Fund to $100 million, facilitating financing for priority business projects in Kyrgyz Republic.
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Kyrgyzstan and Azerbaijan signed an agreement to prevent double taxation, aiming to attract foreign investments and ensure fair tax practices between the two countries.
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The Ministry of Energy in Kyrgyzstan is proposing a revision of heating and hot water tariffs to reduce subsidies, achieve self-sufficiency, and introduce a fair tariff formation approach.
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Kumtor Gold Company has significantly increased its purchases from Kyrgyz suppliers in 2023, aiming to boost the domestic economy and improve cost-efficiency.
in Economy / Kyrgyzstan,
Bishkek City Hall considers raising water supply tariffs for construction companies to align with current pricing policies and regulatory acts, with a proposal to base the connection fees on requested load sizes and EBRD loan repayment.
in Economy / Kyrgyzstan,
Kyrgyzstan and the UK signed a roadmap for cooperation focusing on economic growth, trade expansion, and attracting investments in various sectors, including energy and agriculture.
in Economy / Kyrgyzstan,
Kyrgyzstan's Finance Minister advocates for a hydroelectric mega-project during meetings with international development partners in Washington, resulting in agreements totaling $42.64 million to support agri-food clusters and rural water supply.
in Economy / Kyrgyzstan,
The Jalal-Abad region in Kyrgyzstan is set to receive significant funding for various development projects, including state investment projects, small business support, and infrastructure improvements.
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