Kyrgyzstan’s economy is expected to grow moderately in 2024 and 2025 with slower gains in construction and services, eventually reaching its long-term potential rate, according to a new Asian Development Bank (ADB) report. The Asian Development Outlook (ADO) April 2024, ADB’s flagship economic publication, forecasts the Kyrgyz Republic’s gross domestic product (GDP) growth to slow to
The World Bank’s Board of Executive Directors on April 8 approved a $30 million financing for the Resilient Agri-food Clusters Development Project for the Kyrgyz Republic. The project will be complemented by a $5 million grant from the Global Agriculture and Food Security Program (GAFSP). With a combined financing of $35 million, the project aims to boost the
On April 8, a caravan of 15 trucks with 300 tons of humanitarian aid from Kyrgyzstan arrived in the city of Aktobe in Kazakhstan, where the convoy has been divided between four regions of Kazakhstan hit by unprecedented spring floods, the Kyrgyz Ministry of Emergency Situations reported. Three trucks with humanitarian cargo headed to the
The French Alliance in Bishkek announced the holding of the 2024 edition of the Week of the Francophonie from 5 to 13 April. The week of events is organized jointly with the Embassies of France, Switzerland, Belgium, Canada, Morocco, and the Delegation of the European Union. The program includes educational, cultural and entertainment events. This
The Chairman of the Cabinet of Ministers of the Kyrgyz Republic, Akylbek Japarov on April 4 announced that Kyrgyzstan will provide humanitarian aid to neighboring Kazakhstan in response to unprecedented floods caused by abrupt warm weather that led to a mass snowmelt. Kazakhstan’s Ministry of Emergency Situations has reported that almost 19 thousand people have been evacuated
Kyrgyzstan’s Elkart Interbank Processing Center said that the Central Asian country’s banks will stop processing transactions with Russian Mir payment cards as of April 5 due to Western sanctions imposed on Moscow for its invasion of Ukraine, RFE/RL reported. Last week, another former Soviet republic, Armenia, announced a similar move. In September 2022, the U.S.
One of Kyrgyzstan’s first online news websites, 24.kg, reported on April 3 that the State Committee for National Security has suspended a criminal case against it. RFE/RL’s Kyrgyz Service reported that the State Committee for National Security launched the case — which came amid a government crackdown on civil society and free media — against
Kazakhstan intends to sign an agreement with Kyrgyzstan on deepening and expanding allied relations. The draft decree of the President of Kazakhstan Kassym-Jomart Tokayev “On the signing of an agreement on deepening and expanding allied relations between the Republic of Kazakhstan and the Kyrgyz Republic” was published on the Open Regulatory Legal Acts portal. The
Kyrgyz President Sadyr Japarov has signed into law a controversial bill that allows authorities to register organizations as “foreign representatives,” legislation critics say mirrors a repressive Russian law on “foreign agents,” RFE/RL’s Kyrgyz Service reported. Japarov said in an April 2 post on Facebook that the law will “regulate” the activities of nongovernmental organizations receiving financial support from abroad
According to Kyrgyzstan’s Ministry of Economy and Commerce, the country’s GDP per capita in 2023 reached $1,969.2, compared to $1,350.7 in 2021. Kyrgyzstan’s economic growth over the past three years averaged 6.9% (in 2021 – 5.5%, in 2022 – 9%, and in 2023 – 6.2%). Since 2021, the country has recorded an acceleration in GDP
