06:57
USD 69.74
EUR 79.24
RUB 1.05

Trade addresses poverty issues in Kyrgyzstan

Trade addresses poverty issues in Kyrgyzstan. This was announced today at the presentation of the national report on human development by the head of the group of authors of the report Rafkat Hasanov.

According to him, the main causes of economic problems were the lack of mechanisms and institutions aimed at structural transformation of the economy.

Agriculture is unable to respond to external demand. Possibilities of re-export economy are exhausted.

«Since 2008, the number of medium-sized enterprises has been steadily declining, and the negative trend of shrinking small businesses has been reversed in 2012.» From 2001 to 2015, the rate of GDP growth excluding trade in twelve of the fifteen cases was below the growth rate of GDP. All these years trade has been a major industry, offering new jobs," he said.

Popular