The economy's volume by the end of the year may reach 1 trillion soms, - economist

Арестова Татьяна Industry
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According to information provided by Doctor of Economics Beishenbek Ishenov, the economy of Kyrgyzstan is demonstrating impressive growth, increasing by 9% by the end of the current year. On the air, the expert noted that the Cabinet of Ministers has identified industrial development as one of the priority strategic directions.

Initially, it was planned to create 100 small and medium enterprises, but actual data already exceeds these expectations.

Ishenov emphasized: “This creates new jobs and increases budget revenues.”

Growth is also observed in other sectors, such as construction, agriculture, energy, and tourism. The expert also noted that small enterprises are actively opening in the country, there is an increase in the influx of migrants, and those citizens who left earlier are starting to return.

According to the economist's forecasts, the volume of the economy may reach 1 trillion soms by the end of the year. However, one of the most important tasks remains the development of the energy sector's capacities.

“Hydroelectric power stations are being built, but they have not yet been put into operation. Support for the energy sector needs to be strengthened,” he concluded.
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