In 2020, GDP is expected to decline by about 4% compared to 2019 in Kyrgyzstan, report on the monetary policy of the National Bank of the country says.
Excluding enterprises developing Kumtor mine, the GDP drop in 2020 is expected to reach about 5%. According to the forecast, the largest decline could be registered in the first half of the year – immediately by 16%.
Taking into account the assumption of a trend towards recovery in economic activity, a 6.2% growth of real GDP is expected in 2021, and excluding Kumtor – 6.7%. (24.kg/Business World Magazine)