Customs for Connectivity: CAREC

Secretary General of the World Customs Organization, Kunio Mikuriya, talks about the need for harmonized customs procedures and practices to boost trade connectivity and promote economic growth in the CAREC region. Watch Video

Central Asian Cross-border Trade to Get Boost from New Road

Rehabilitated roads in landlocked Tajikistan boost trade at home and with other Central Asian nations and the People’s Republic of China (PRC). Read More

Building a Strong Middle Class in Asia

Investing in training and practical education will stimulate and diversify the job market in Asia - moving the poor into middle class. Watch Video

Asian Economies Bounce Back

Developing country economies in Asia are returning to strong growth driven by rising consumption and intraregional trade. Read More

Overview

Supporting sustainable economic growth remains the major challenge for the Kyrgyz Republic. The government is facing a difficult task of balancing priorities: bringing the economy back to a growth path, which is a medium- to long-term challenge; and meeting public expectations of quick results. The country’s strategy and program emphasizes the need for tackling corruption and establishing the rule of law.

ADB, together with other development partners, is working closely with the government to improve the effectiveness of development assistance and implement wide-ranging reforms in various sectors of the national economy to support sustainable economic growth.

Fast Facts

5.55 (2012)
Population in millions

1.2% (2010-2012)
Annual population growth rate

36.8% (2011)
Population living below the national poverty line

ADB Lending

Amount ($M) / %
Sector (No. of loans)
91.00 / 11.01
Agriculture (3)
 
42.70 / 5.17
Education (3)
 
61.70 / 7.47
Energy (3)
 
74.00 / 8.96
Finance (5)
 
10.50 / 1.27
Health (1)
 
22.50 / 2.72
Industry and Trade (2)
 
79.00 / 9.56
Public (3)
 
283.80 / 34.35
Transport and ICT (8)
 
16.50 / 2.00
Water Supply (1)
 
144.50 / 17.49
Multisector (6)
 
826.20 / 100.00
TOTAL (35)
Cumulative as of 31 December 2012