At the end of 2022, the GDP of Kyrgyzstan, according to preliminary statistics, amounted to 919.4 billion soms ($10.5 billion), the real growth rate was 107%. We have confidently approached the mark of 1 trillion soms, said Akylbek Zhaparov during a meeting of the Coordinating Council for Macroeconomic and Investment Policy.
He noted that, despite forecasts, the growth rate of the national economy showed a positive trend in 2022.
Earlier, the World Bank predicted a fall in GDP by 5%, and the International Monetary Fund - a slowdown to 0.9%.
“This year, the International Monetary Fund has revised its forecast for economic growth in Kyrgyzstan from 3.2% to 3.5% in 2023 and 3.8% in 2024. The World Bank also improved its forecast for the domestic economy (for 2023, growth is forecasted by 3.5% instead of the previous 3.4%, growth is forecasted for 4% in 2024,” Zhaparov informed.
At the same time, for 2023, the Cabinet of Ministers of Kyrgyzstan expects an economic growth rate of 104.5%.
At the official rate of the National Bank of Kyrgyzstan $1 = 87.4 soms.
CentralasianLIGHT.org
March 24, 2023