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Eldar Alisherov met with deputies of Kyrgyz Jogorku Kenesh
Further development of economic cooperation of the Kyrgyz Republic with its partners in the Eurasian Economic Union was discussed at the meeting between Eldar Alisherov, Minister in charge of Integration and Macroeconomics of the Eurasian Economic Commission, and deputies of the Jogorku Kenesh of the Kyrgyz Republic. Emphasis was placed on the implementation of the Strategic Directions for Developing the Eurasian Economic Integration until 2025 and the Eurasian Economic Path Declaration on Further Development of Economic Processes within the Eurasian Economic Union until 2030 and for the Period until 2045.
The meeting was also attended by Alexey Vedev, Director of the EEC Macroeconomic Policy Department, who noted that in 2024 Kyrgyzstan achieved a high economic growth rate of 9%, which is several times higher than the global average (3.2%). According to him, this is a consequence of the measures taken nationally and the quality of macroeconomic management, as well as improving the sustainability and balance of economic development.
According to EEC estimates, economic growth was spurred by high investment activity and a decline in the shadow economy. Price stability was ensured: consumer price growth amounted to 6.3%, which is in line with the medium-term inflation target. The fiscal and debt sustainability improved: the budget was executed with a surplus, and the ratio of public debt to GDP decreased significantly.
The measures taken allow maintaining positive macroeconomic dynamics, as is confirmed by the results of monitoring the social and economic development of Kyrgyzstan for the first quarter of 2025, conducted by the Commission.
