The EEC Minister noted that high GDP growth rates in 2025 had been maintained in Armenia (6%), Kazakhstan (6.3%), and Kyrgyzstan (10%). Growth has slowed somewhat in Belarus and Russia. At the same time, the utilization of capacities in the countries and the volume of mutual trade remain at the level of the previous year.
“The dynamics of most macroeconomic indicators in Member States remain positive: high growth rates are maintained in economic sectors focused on domestic demand, i.e. in retail trade and construction. Unemployment in most countries is at historically low levels,” the EEC Minister told.Daniiar Imanaliev also explained that, against the backdrop of worsening debt sustainability issues in the global economy, Member States were seeing a decrease in the relative level of public sector and private sector debt. The parties also discussed increasing mutual trade and investment issues.
Taking into account the monetary policy decisions taken by national (central) banks to combat rising inflation, Alexey Vedev, Director of the EEC Macroeconomic Policy Department, presented an overview of the impact of real interest rates on the economic growth of the EAEU Member States. An active discussion took place on this topic involving representatives of monetary authorities. The meeting participants highlighted the need for further consultations on current economic issues.
