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Kyrgyzstan plans to introduce new tools for managing state assets

Kyrgyzstan Materials 25 October 2024 09:28 (UTC +04:00)
Kyrgyzstan plans to introduce new tools for managing state assets
Abdullo Janob
Abdullo Janob
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BISHKEK, Kyrgyzstan, October 25. It is planned to introduce new tools for effective management of state assets in Kyrgyzstan by 2030, Chairman of the Cabinet of Ministers Akylbek Japarov said, speaking at the solemn event dedicated to the country's 100th anniversary of the Ministry of Economy and Commerce, Trend reports via Kyrgyzstan's Cabinet of Ministers.

"New tools for effective management of state assets will be introduced by 2030, and investments will be attracted through modern platforms," said Japarov.

He noted that, according to the World Bank classification, Kyrgyzstan is steadily climbing in terms of GDP per capita and may become an upper-middle-income country by 2030, moving from the current lower-middle-income state. It is planned to reach a GDP figure of $30 billion by 2030.

Japarov also emphasized that Kyrgyzstan has demonstrated steady economic growth, with an average rate of 7.5 percent over the past three years, including a forecast for 2024, when growth will be secured at 8.4 percent.

“We have all the necessary prerequisites to double the economy and achieve our goals,” he said.

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