Kyrgyzstan entered the top 5 countries in the world for real economic growth

Владислав Вислоцкий Economy
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On November 19, at the business forum of the Central Asian Regional Economic Cooperation in Bishkek, Prime Minister Adylbek Kasymaliev stated that "according to the International Monetary Fund, Kyrgyzstan is among the top 5 countries in terms of real GDP growth rates in 2024."

He highlighted that the main factors contributing to this growth are construction, industry, and the service sector. These areas are supported by domestic demand, investments, and significant infrastructure projects.

According to Kasymaliev, "the dynamics of economic activity are driven by successful government measures aimed at modernizing the economy, improving conditions for investors, and creating a competitive environment, as well as implementing reforms in public administration." He also noted that large infrastructure projects have played an important role in this process.

As examples, he pointed to the construction of the Kambar-Ata Hydroelectric Power Station-1 and the railway connecting China, Kyrgyzstan, and Uzbekistan.
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