Kyrgyzstan's GDP iprojected to reach 1.4 trln soms in 2024

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According to forecasts of the Ministry of Economy and Commerce, in 2024 the gross domestic product of Kyrgyzstan will exceed 1 trillion 410 billion soms. Chairman of the Cabinet of Ministers Akylbek Japarov announced this at a meeting of the board of the Administration of the President of Kyrgyzstan, 24.kg reports.

According to him, real growth, according to forecasts of the Ministry of Economy, is expected at 6%. In 2023, inflation decreased from 13.9% to 10.8%.

“We completed the first quarter of this year with GDP growth of 8.8%. We have increased the country's budget revenues almost threefold. The consolidated budget in 2023 exceeded 575 billion soms, and 600.7 billion is planned for 2024.

But the Ministry of Finance predicts that this figure will be exceeded. In the next three years, there are good forecasts for the budget to approach 1 trillion soms,” said Akylbek Japarov.

CentralasianLIGHT.org

April 25, 2024