Private Sector Assessment Update - The Kyrgyz Republic

Institutional Document | December 2013

This assessment identifies challenges facing the development of the Kyrgyz Republic's vibrant private sector and suggests interventions for meeting them.

The Kyrgyz Republic's transition from a centrally planned to a market economy has been one of the most remarkable in Central Asia. Today, the country is a notably open society and has made good progress in reducing poverty over the past decade. But the reform process is far from complete - as this private sector assessment update shows.

This assessment contains information current as of January 2013 and updates a previous assessment done in 2007. The assessment is based on the experience gathered by the Asian Development Bank (ADB) over the last 5 years in engaging with government, investors, and entrepreneurs in the Kyrgyz Republic. Statistical data was collected from secondary sources.

The report identifies challenges facing the development of a vibrant private sector - the country's main driver of economic growth - and suggests interventions for meeting them.

Contents 

  • Foreword
  • Executive Summary
  • The Private Sector in the Kyrgyz Republic
  • Major Constraints on Private Sector Development
  • Framework for Private Sector Development
  • References