BISHKEK, Kyrgyzstan, December 24. Kyrgyzstan is strategizing to deploy a minimum of 100 novel industrial initiatives in 2025, Chairman of the Cabinet of Ministers Adylbek Kasymaliev said during a government meeting, Trend reports.
He also stressed the importance of quick fixes to lend a hand to small and medium-sized businesses.
Kasymaliev emphasized that President Sadyr Zhaparov aims to elevate the nation's GDP to 1.8 trillion soms by 2025 ($20.6 billion). The Ministry of Economy and Commerce has been assigned to perform a comprehensive analysis. The Chairman of the Cabinet indicated that by 2025, the consolidated budget is expected to surpass 700 billion soms ($8 billion).
To note, the total volume of industrial production in Kyrgyzstan in January-November 2024 amounted to more than 513 billion soms ($5.9 billion). The index of physical volume amounted to 104.8 percent for the period from January through November 2023.
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