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Investment is growing thanks to domestic sources, whilst external financing has declined

Published

04/18/2026, 11:39

Investment is growing thanks to domestic sources, whilst external financing has declined

Kyrgyzstan continues to see positive growth in investment in fixed assets. In January–February 2026, the volume of investment rose by 8.4 per cent compared with the same period last year.

The main growth was driven by domestic sources, which increased by 11.5 per cent. The most significant growth was recorded in bank lending, which rose 1.7-fold. The national budget also made a significant contribution, increasing funding by 1.3 times. Funds from the public and charitable donations rose by 12.9 per cent, whilst business investment increased by 4.3 per cent. At the same time, investment from local budgets fell by 22.7 per cent.

External sources, by contrast, showed a decline. The total volume fell by 26.3%, mainly due to a 4.4-fold reduction in foreign loans. At the same time, there was a 1.5-fold increase in foreign direct investment, as well as a 2.6-fold rise in grant and humanitarian aid receipts.

In month-on-month terms, January 2026 saw a 17.9% increase in investment compared to January last year, though compared to December there was a moderate increase of 6.6%. In February, annual growth stood at 4.1%, whilst investment volumes nearly doubled compared to the previous month, rising by 96.3%.


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