BISHKEK, Kyrgyzstan, August 15. Investment growth in Kyrgyzstan's fixed capital from January through June 2023 accelerated to 10.4 percent year-on-year, up from 4.7 percent year-on-year in January-May 2023, Trend reports.
According to EDB analysts, this acceleration was driven by increased investment activity in the public sector. They said that the construction of educational institutions and the rise in investments in state management facilities made a significant contribution to this uptrend.
Furthermore, the bank economists highlighted the additional impact of the implementation of state investment programs in the energy and water supply sectors, funded by international development institutions. In the private sector, investment growth was mainly concentrated in the extraction of mineral resources.
EDB analysts anticipate potential changes in the coming months, as the investments in the public sector have a one-time nature, which could lead to fluctuations in the dynamic.
Meanwhile, foreign investment inflows into Kyrgyzstan amounted to $1.166 billion from January through March 2023, which is 26.4 percent less than in the corresponding period of 2022 ($1.585 billion), according to the State Statistical Committee of the country.