Kyrgyzstan aims for lowest inflation in Central Asia by 2027
Kyrgyzstan's authorities expect to achieve the lowest inflation among Central Asian countries by the end of 2027. A state programme to restrain price growth is due to take effect in the country on January 1. The announcement was made by presidential press secretary Askat Alagozov.
Writing on his Facebook page, Alagozov said: “God willing, we have great hopes – we will end 2027 with the lowest inflation indicator among Central Asian countries.” Previously, Kyrgyzstan said it plans to allocate 36.635 billion soms (over 189 billion tenge) to a two-year plan for 2026–2027 to stabilise prices and curb inflation. The plan's main goal is to keep price growth at 7%. The National Statistics Committee reports inflation at 8.1%.
The International Monetary Fund has issued a less optimistic forecast, suggesting that Kyrgyzstan could instead become the leader in consumer price growth rates in Central Asia in 2027.
This story was automatically summarised and translated from Kursiv. All rights to the story belong to its source.