Fiscal Balance in Kyrgyzstan

Kyrgyzstan Fiscal Balance | Economic News & Forecasts

Kyrgyzstan - Fiscal Balance

Official data suggests that the economy gained steam through the January-November period, apparently fueled by greater gold production at the all-important Kumtor mine. Economic gains were likely bolstered by sturdy household spending, supported by rising remittances from Russia, and construction-led fixed investment. Moreover, cumulative mining output in January-November was higher than in the same period last year and likely supported year-end exports. In December, officials reportedly agreed to new production quotas at the Kumtor mine that should keep output roughly stable from last year, buttressing economic growth in turn.

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

ValueChangeDate
Exchange Rate69.840.0 %Jan 16
Stock Market0.10.0 %Nov 26

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