Akchabarsearch
    Kyrgyzstan reduces current account deficit

    Published

    06/24/2025, 16:59

    Kyrgyzstan reduces current account deficit

    According to the EDB's macroeconomic forecast for 2025–2027, Kyrgyzstan's external payments situation improved in 2024.  The current account deficit decreased by $2.4 billion to $4.4 billion.

    The reduction in the deficit was made possible by an increase in remittances and a narrowing of the gap between exports and imports of goods and services. In other words, the country began to buy less abroad and actively seek income from external sources.

    In addition, according to the EDB, there was an inflow of capital through the financial account in 2024. This was due to foreign direct investment and the attraction of debt financing, meaning that Kyrgyzstan has become more attractive to foreign investors.

    Read Similar

    • Kyrgyzstan's state budget started the year with a strong surplus

      At the end of the first quarter of 2025, Kyrgyzstan's state budget recorded a surplus, with revenues exceeding expenditures by KGS 53 billion. This is six times more than in the same period last year. The main contribution to revenue growth came from the transfer of profits from the National Bank to the budget—non-tax revenues increased 6.6 times and accounted for 80% of the total increase.
      6/24/2025, 11:54:13 AM

    • What risks threaten the economy of Kyrgyzstan?

      The Eurasian Development Bank (EDB) in its latest macroeconomic forecast highlighted key risks that could slow down Kyrgyzstan's economic growth and increase inflationary pressure in the coming years.
      6/24/2025, 11:37:50 AM

    • Kyrgyzstan reduces current account deficit

      According to the EDB's macroeconomic forecast for 2025–2027, Kyrgyzstan's external payments situation improved in 2024. The current account deficit decreased by $2.4 billion to $4.4 billion.
      6/24/2025, 10:59:28 AM

    • In Novopokrovka and Lebedinovka, residents will pay just over 42 som per person for rubbish collection

      Starting 1 July, solid household waste will be collected from MTU in Novopokrovka, Lebedinovka, Nizhnyaya Ala-Arche, Alamedeine, and Kok-Zhar by the municipal enterprise Tazalyk.
      6/24/2025, 9:41:30 AM