Kyrgyzstan's Economy Shows Steady Growth - Head of the Presidential Administration

Kyrgyzstan's economy has shown steady growth in the first seven months of 2025, according to Adylbek Kasymaliev, Chairman of the Cabinet of Ministers and Head of the Presidential Administration, The Caspian Post reports citing Kabar.

According to the results of the first 7 months of 2025, the GDP volume amounted to 865.2 billion soms, an increase of 11.5%. Kyrgyzstan ranks first among the EAEU member states in terms of GDP growth rates:

Kazakhstan - 6.3% (7 months);

Armenia - 6.3% (6 months);

Belarus - 2.1% (6 months);

Russia - 1.2% (6 months).

The growth was achieved due to the contribution of all sectors of the economy.

For example, in industry, growth was 11.4%. Particularly high indicators were recorded:

pharmaceuticals - growth of 2.4 times;

food production - by 49.0%;

production of rubber, plastic and building materials products - by 33.5%;

chemical products - by 29.3%;

petroleum products - by 5.8%;

mining - by 14.6%.

The head of the Cabinet noted that this is a very positive trend.

The construction sector grew by 37.8%, the service sector - by 9.8%, agriculture - by 2.3%.

Since the beginning of the year, there has been a high growth rate of investment in fixed assets. According to the results of 7 months, their volume amounted to 141.9 billion soms, an increase of 33.4%. This figure exceeded previous annual levels:

In 2021 - 122.8 billion soms

In 2022 - 139.4 billion soms.

The growth of investments in fixed assets was ensured by an increase in domestic sources of financing by 52.2%, which indicates a strengthening of the national financing base.

“As you know, in order to stabilize prices for socially important food products, temporary state regulation of prices for meat (beef and lamb) was introduced from August 11 of this year for a period of 90 calendar days,” the Cabinet of Ministers said.

He added that he instructed the Ministry of Economy and Commerce, together with the Ministry of Water Resources, Agriculture and Processing Industry, to monitor state regulation of prices for meat and strengthen price monitoring for all socially important goods, taking appropriate measures if necessary.

In the medium term, to curb inflation, on July 29 of this year, the National Bank raised the key rate from 9.0% to 9.25%.