Kyrgyz Republic's Economic Growth Surges, Challenges Ahead for Sustaining Progress.
The Kyrgyz Republic saw strong economic growth in 2013, driven by increased gold production and private sector activity. The government kept spending in check, while exports started to pick up. To maintain growth, caution is needed in monetary policy to prevent financial risks and inflation. Improving institutions, infrastructure, and workforce skills is crucial for a competitive private sector and reducing poverty.