The European Bank for Reconstruction and Development (EBRD) forecasts stable economic development of the Central Asian countries in the coming years. The financial institution reported.
According to the data, the region’s economy will continue to grow both in 2024 and 2025. At the same time, regional GDP growth will amount to 5.1 percent this year and increase to 5.9 percent next year. The report also highlights Kyrgyzstan and Tajikistan, which have become leaders in economic growth in the region.
GDP growth in the Kyrgyz Republic is expected to reach 9 percent in 2024, and will decrease slightly in 2025 to 7 percent. This growth is due to the development of tourism, investment in infrastructure and active export of gold and silver. However, despite the positive forecasts, secondary sanctions related to intermediated trade remain a threat.
