In his opinion, this amount is significant and raises concerns in the context of inflationary processes.
“It is important to convince people of the necessity to convert these funds into investments, directing them into the real sector of the economy, instead of keeping them under the mattress. If we aim to become a regional financial hub, we must create attractive conditions for investors. For example, the company Freedom has proposed to develop its presence in Kyrgyzstan and implement remote identification. In the modern world, no one will come to our country to open a brokerage firm,” emphasized Pirnazarov.
He also spoke about key projects, such as the creation of a national depository, which is expected to increase transparency and reduce risks in the financial market. Additionally, he noted that the relevant legislation is being reviewed to facilitate the development of the virtual assets sector.
