Deputy Chairman of the National Bank of the Kyrgyz Republic Azat Kozubekov presented a detailed report on the current monetary policy. In his speech, he analyzed both external and internal factors affecting the consumer price index, as well as voiced forecasts for inflation expectations in the near future. He emphasized the need for close cooperation between fiscal and monetary measures to maintain price stability.
Photo from the website of the Cabinet of Ministers of the Kyrgyz Republic.
After listening to the report and opinions of the meeting participants, Daniyar Amangeldiev noted that in the context of high economic activity, one of the main tasks of the Cabinet of Ministers is to ensure the purchasing power of citizens. He emphasized: "Economic growth must be accompanied by strict control of inflation. We must minimize the impact of external economic factors on the domestic market, especially regarding essential goods."
Photo from the website of the Cabinet of Ministers of the Kyrgyz Republic.
At the conclusion of the meeting, Amangeldiev instructed the responsible state bodies to develop measures aimed at stabilizing prices as soon as possible, with an emphasis on food security and saturating the domestic market with domestic goods. He also highlighted the importance of personal responsibility of department heads for the effective implementation of these measures, which should contribute to macroeconomic stability.
