Published
05/20/2025, 16:40Kyrgyzstan has demonstrated record economic growth and entered the international rankings: the results of the Cabinet's work over the past four months were summarized yesterday by Chairman Adylbek Kasymaliyev.
According to the data announced, the economic growth rate of Kyrgyzstan for four months was 11.7%, and the gross domestic product reached 442.4 billion KGS. The republic ranks first among the EAEU countries in terms of this indicator.
The state budget for the reporting period amounted to 264.9 billion KGS, which is 14.6 billion KGS more than planned (105.8% fulfilled). Revenues reached 211.6 billion KGS, which is 85.1 billion KGS more than in the same period last year.
Budget revenues were provided by:
A strategic achievement of the Cabinet during the reporting period was the sovereign credit rating assigned to the Kyrgyz Republic. In March, the international agency S&P Global Ratings assigned a rating of B+ with a stable outlook, and in April, Fitch Ratings confirmed a similar rating of B.
The credit ratings reflect improved macroeconomic indicators, sustainable fiscal policy, a reduction in public debt, and reforms being implemented in the country. The head of government instructed the relevant authorities—the Ministry of Economy, the Ministry of Finance, and the National Bank of the Kyrgyz Republic—to continue cooperation with international agencies and develop a roadmap to strengthen Kyrgyzstan's investment image.
