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Kyrgyz GDP could reach 200Bln in 2009 - Asia-Plus | News from Tajikistan, Central Asia and the World

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Kyrgyz GDP could reach 200Bln in 2009

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Kyrgyzstan’s GDP rate could reach 200 billion soms by the end of 2009. The estimates have been voiced at the meeting of the World Bank executive directors with members of the Kyrgyz government in Bishkek Tuesday.

Inflation rate may hit four percent while deficit of the republican budget will exceed 4.1 billion soms. By 2013 the index will expectedly shrink and reach pre-recession level. Annual budgetary gap reduction will make up 1-1.5 percent, estimates of the Kyrgyz Finance Ministry say.

The external debt remains stable and does not exceed 50 percent of GDP. It makes up $2,428 billion as to the results of nine months of 2009.

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