Ministry of Economy Projects Growth in Kyrgyzstan to Reach 4.5% by End of 2023


AKIPRESS.COM – The Ministry of Economy has projected that Kyrgyzstan’s economic growth by the end of 2023 will be around 4.5%.

According to the Ministry’s forecast, growth is expected in all sectors of the economy. The industrial sector is projected to grow by 3.2%, agriculture is anticipated to see growth of around 3%.

The construction sector is expected to experience robust growth at 7.9%, the services sector is estimated to grow by 4.7%. Net taxes on products and imports are expected to rise by 4.8%.

The Ministry predicts that the economy will continue to grow at a rate of 5% in the year 2024.

Source: Akipress

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