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The Kyrgyz Republic is bordered by Kazakhstan to the north, Uzbekistan to the west, Tajikistan to the southwest, and China to the east. A wide variety of natural hazards also affect the Kyrgyz Republic. Earthquakes are common and have led to loss of life and significant damage to infrastructure...
Persistent link: https://www.econbiz.de/10012700746
The Kyrgyz economy has remained resilient in the face of continued significant external head winds in 2015, but sources of vulnerability have increased.While overall Gross Domestic Product (GDP)growth is estimated to have slowed to 3.5 percent in 2015, this deceleration was mostly on accountof...
Persistent link: https://www.econbiz.de/10012644524
The purpose of this Systematic Country Diagnostic is to identify the main constraints and opportunities the Kyrgyz Republic faces in continuing to progress towards the World Bank Group's twin goals. It analyzes trends and drivers of growth, poverty reduction, and income distribution, as well as...
Persistent link: https://www.econbiz.de/10012645588
Persistent link: https://www.econbiz.de/10012645858
Real GDP growth slowed to 3.1 percent in January-November 2018 from 3.7 percent in the same period of 2017. This deceleration was the result of slower growth in both gold production and non-gold industry. Export performance remains weak, largely on account of a sharp slowdown in gold exports,...
Persistent link: https://www.econbiz.de/10012645860
Growth in the Kyrgyz Republic slowed significantly in 2014, reflecting the deteriorating external environment and supply-side constraints. Economic growth fell to 3.6 percent in 2014 from 10.9 percent in the previous year, partly because exports to Russia and other neighboring countries plunged....
Persistent link: https://www.econbiz.de/10012497632
The first part of the Economic Update analyzes recent macroeconomic trends and presents an assessment of the country's short- and medium-term outlook. The Special Focus Section discusses the state of the country's energy sector, including issues surrounding its financial viability and fiscal...
Persistent link: https://www.econbiz.de/10012247529
The first part of the Economic Update analyzes recent macroeconomic trends and presents an assessment of the country's short- and medium-term outlook. The Kyrgyz economy has remained resilient to the adverse regional environment, but growth prospects are modest and adjustments needed.Overall,...
Persistent link: https://www.econbiz.de/10012248485
Notwithstanding its significant downsizing due to the country's transition from a planned to a market economy, the public sector in Kyrgyz Republic still owns one hundred thirty-six SOEs, with the largest ones operating in strategic and economically important sectors. The main objective of this...
Persistent link: https://www.econbiz.de/10012544688
The Kyrgyz Republic economy has been hit hard by the Coronavirus disease of 2019 (COVID-19) pandemic, putting at risk the development progress achieved in recent years. The COVID-19 pandemic has added substantial pressures on the country's fiscal space for investing in human capital. The...
Persistent link: https://www.econbiz.de/10012603684