The forecasts say that the real GDP growth in Kyrgyzstan will be 2.9% in 2017, country’s Prime Minister Sooronbay Jeenbekov has said. The Prime Minister noted that the risks which could affect the GDP growth in 2017 were instability of the global economy, dependence of the economy on world prices for gold and energy resources,…
At an intergovernmental meeting between the Kyrgyz authorities and the Chinese authorities, the Minister of Economy said that the country could increase the volume of exports of agricultural products to other countries of the EEA (market of 170 million persons) and to China. Export of Kyrgyz products to China increased by 88.3% in 2016 and…
Import of sugar in Kyrgyzstan could be greatly reduced, the press service of the Kyrgyz Ministry of Economy reported. At least 183,200 tons of sugar beet have been harvested in Chui region in 2015. In 2016, this figure is to reach 450,000 tons. “The country does not meet the needs of the population. The share…
Renault Russia has launched exports of cars made in the country to Kyrgyzstan, the company said in a statement. “Renault Russia announces a launch of supplies of cars to Kyrgyzstan, thus expanding the export project to the CIS states. The first export supplies of Renault cars to the country were carried out in the framework…
Kyrgyzstan expects increase in investments in 2017, Deputy Prime Minister of Kyrgyzstan Oleg Pankratov announced. According to him, countries of EEU remain the main market outlet for Kyrgyzstan. Meanwhile, the Eurasian Economic Union makes republic attractive for investors. “We have open market of 180 million people in front of us. Of course, there was no…
Light life of Kyrgyzstan directly depends on the water level in Toktogul reservoir. If there is a lot of water, there will be an uninterrupted supply of electricity, little water will result in rolling blackouts. This year, forecasters gave a magnificent forecast: low-water period has ended in Kyrgyzstan. However, energy sector workers are not in…
Oil Traders Association of Kyrgyzstan asks to open access to the market of petroleum products of Kazakhstan, executive director of the association Ulan Kulov announced at the meeting on the problems of the fuel market. According to him, no one has exact data on smuggling. “We can judge by reduction of imports by 90,000 tons.…