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EEC predicts economic activity slowdown in Kyrgyzstan

The Eurasian Economic Commission (EEC) predicts a slowdown in economic activity in Kyrgyzstan. Its website says.

It is noted that the positive trend in business activity will continue in the countries of the Eurasian Economic Union until the end of November, while growth will slow down in a number of EAEU countries. This forecast is made by the EEC Macroeconomic Policy Department.

«In accordance with the dynamics of coincident and leading indicators of economic activity, positive dynamics of economic activity will continue in all countries of the Eurasian Economic Union until November of this year inclusive,» the statement says.

«Growth is expected to accelerate in Armenia and Kazakhstan, which are in the recovery phase. Growth will slow down in Belarus, Kyrgyzstan and Russia, which passed the peak of economic activity in the first half of 2024,» the EEC believes.

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