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Kyrgyz Republic: 2025 Article IV Consultation-Press Release; and Staff Report

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  • International Monetary Fund

Abstract

The Kyrgyz Republic has shown remarkable resilience amid heightened global uncertainty. Inflation has declined to mid-single digits, but underlying demand pressures require continued vigilance. Favorable debt dynamics have created fiscal space to invest in infrastructure, energy, and human capital. Looking ahead, growth is expected to moderate and converge to its potential of around 5¼ percent over the medium term as re-export trade normalizes. However, the outlook remains highly dependent on geopolitical developments. Priorities going forward include rebuilding policy buffers and advancing structural reforms to strengthen resilience and support sustained and inclusive growth.

Suggested Citation

  • International Monetary Fund, 2025. "Kyrgyz Republic: 2025 Article IV Consultation-Press Release; and Staff Report," IMF Staff Country Reports 2025/118, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2025/118
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