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Macro Poverty Outlook for Kyrgyz Republic : April 2022 (Английский)

Spillovers from Russia’s invasion of Ukraine are expected to reverse the progress made by the Kyrgyz economy in recovering from the COVID pandemic in 2021 when annual GDP growth was 3.6 percent. The economy is now projected to contract by 5 percent in 2022, and inflation is likely to exceed 15 percent, creating significant further pressure on fiscal and debt management as well as pushing more people into poverty. This Macro Poverty Outlook presents GDP, debt and fiscal forecasts and examines the implications for critical economic and social concepts such as growth, poverty reduction and macroeconomic stability.

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