Fiscal Balance in Kyrgyzstan

Kyrgyzstan Fiscal Balance | Economic News & Forecasts

Kyrgyzstan - Fiscal Balance

The economy expanded 1.6% in annual terms in January–October, accelerating from the 0.1% rise tallied in January–September. The upturn was largely attributed to a strong expansion in wholesale and retail sales, while a softer decline in fixed investment and construction output benefited the reading. Less positively, reports of lower-than-originally-planned mining output from the Kumtor mine for June–September, due to mismanagement, rings alarm bells for output of gold—the country’s key commodity—ahead. Turning to Q4, although available data is scarce, the severe drought in the region will be hurting agricultural output, while persisting power outages are bound to be hindering activity. In politics, on 28 November the country elected its new parliament. Following the constitutional change earlier in the year, the new parliament is likely to have a limited impact on economic policy.

Kyrgyzstan - Fiscal Balance Data

2015   2016   2017   2018   2019  
Fiscal Balance (% of GDP)-2.5  -5.8  -3.7  -0.6  -0.1  

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Note: Fiscal balance as % of GDP
Source: National Statistics Committee

Kyrgyzstan Facts

Value Change Date
Exchange Rate69.660.0 %Jan 01
Stock Market0.10.0 %Jan 07

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