IMF Improves Forecast For Kyrgyzstan's GDP
Date
10/28/2024 12:10:40 AM
(MENAFN- Trend News Agency)
BISHKEK, Kyrgyzstan, October 28. The
International Monetary Fund (IMF) anticipates that Kyrgyzstan's
real GDP growth will reach 6.5 percent in 2024, Trend reports.
This anticipated figure increased by 2.1 percentage points from
the 4.4 percent projected in the IMF's April economic forecast.
Additionally, GDP is predicted to drop to 5 percent in 2025,
which is an increase of 0.8 percentage points from 4.2 percent in
April's outlook.
In its recent forecast, the World bank (WB) has also revised
upward its projection for Kyrgyzstan's real GDP growth in 2024 to
5.8 percent, an increase of 1.3 percentage points from its June
estimates.
The outlook for 2025 has also been raised, with GDP growth now
expected to reach 4.5 percent, up by 0.3 percentage points from
earlier projections.
Kyrgyzstan's GDP growth was 6.2 percent in 2023 and 9 percent in
2022.
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