Added value to stay at home: Kyrgyzstan outlines new economic development plan

Added value to stay at home: Kyrgyzstan outlines new economic development plan
Photo: Kabar

Kyrgyz President Sadyr Japarov set out the main directions for ensuring Kyrgyzstan's economic growth at a republican meeting on "Strategic tasks for the next five years." According to the president, the country's economic development will rest on export-oriented services and the production of industrial goods with high added value.

The president said this requires reviewing trade and customs policy, bringing domestic goods and services to foreign markets, and expanding export opportunities. He stressed upgrading technology in industry, deep processing of raw materials, producing competitive products, and integrating enterprises into international production chains.

The goal is also to attract investment into key sectors and, through modern technologies, keep most of the added value generated within the country. The state will support sectors with export potential, including food, construction, pharmaceuticals, light industry, small machine building and the processing of mineral resources, the president said.

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This story was automatically summarised and translated from Kabar. All rights to the story belong to its source.

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