The Eurasian Development Bank's weekly macroeconomic review predicts that investment activity will remain a key driver of the economy throughout this year. Kyrgyzstan's GDP growth has continued to accelerate, reaching 8.8 percent in January-March 2024. The expansion of business activity has been driven by investment and consumer demand, with investments growing by 66.6 percent year-on-year.
The highest growth was observed in the construction of water supply facilities and the energy sector, particularly in hydroelectric power (financed by the EDB). Strong consumer demand has been fueled by an increase in real wages and consumer lending.
