Fiscal Balance in Kyrgyzstan

Kyrgyzstan Fiscal Balance | Economic News & Forecasts

Kyrgyzstan - Fiscal Balance

The economy seems to have grown at a solid pace in the first quarter, with strong mining output at the all-important Kumtor gold mine and upbeat manufacturing activity underpinning the expansion. On the external side, although export growth dipped in January, a sharp rebound in February suggests that overall momentum might have been sustained. Expenditure-side activity narrowed somewhat in the first quarter, however. Milder wholesale trade activity and slower remittances suggest that, despite low price pressures, household spending lost stride. Likewise, fixed investment also decelerated a notch in the same period. Meanwhile, in a move to spur foreign investment, President Jeenbekov traveled to Beijing on 28 April to strengthen diplomatic relations with China, the biggest source of Kyrgyzstan’s FDI.

Kyrgyzstan - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)-0.8  -0.5  -1.6  -4.4  -3.5  

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

Kyrgyzstan Facts

Exchange Rate70.000.0 %May 13
Stock Market0.10.0 %Nov 26

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