BISHKEK, Kyrgyzstan, August 30. Kyrgyzstan aims to achieve a GDP of $30 billion by 2030, President Sadyr Zhaparov announced during the opening of the Terik-Tash clinker plant to mark the centenary of the Kara-Kyrgyz Autonomous Region, Trend reports.
"Economic growth in Kyrgyzstan shows steady progress—over the past three years, the average GDP growth rate has not fallen below 7 percent. The economy grew at a rate of 8.7 percent from January through July 2024, reaching 677 billion soms ($7.9 billion)," Zhaparov said.
He noted that the country’s budget has experienced significant growth, doubling over the past three years. In 2020, the consolidated budget was 247.7 billion soms ($2.9 billion), while by 2023, budgetary resources had increased to 577.2 billion soms ($6.7 billion).
"I am confident that by the end of 2024, the budget will exceed the 650 billion soms mark ($7.6 billion)," the president added.
Overall, Kyrgyzstan plans to commission 100 new industrial and social projects to mark the centenary celebration.