The government plans to make banks active investors in the real sector of the economy.

Марина Онегина Economy
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According to the Kyrgyzstan Development Program until 2030, the country's financial sector is expected to become a key tool for stimulating the real economy.

This document emphasizes that the focus will be on digitalization, attracting investments, and improving access to innovative services. Banks and intergovernmental development funds will play a special role, as they will become active players in sectors such as industry, energy, and agriculture.

Support and Priorities in Lending


The banking system plans to increase financing for export-oriented projects as well as initiatives in the "green" economy.

The government intends to expand guarantee support instruments and implement alternative mechanisms such as factoring, leasing, and venture financing for startups.

To enhance investment attractiveness, the republic plans to improve its international credit rating.

New Technologies and Digital Transformation


Financial institutions must undergo a complete digital transformation, within which the authorities have planned a series of activities:

Investments and Development of the Stock Market


The Kyrgyz Stock Exchange (KSE) will strengthen its infrastructure for more effective capital attraction. Companies will gain easier access to initial public offerings (IPOs) and the issuance of corporate bonds.

To finance large national projects, such as the construction of hydropower plants, mechanisms of the stock market are planned to be actively utilized.

Legal Reforms and International Integration


To attract investments to certain regions of the Kyrgyz Republic, norms of English law will be implemented.

Commercial banks will expand their correspondent relationships with international financial organizations, ensuring seamless transactions for export-import operations.

The country will continue its work on creating a common financial market within the EAEU.

Social Aspects and Mortgages


The development of the mortgage securities market and the subsidization of interest rates will make housing more accessible for citizens. Alongside the introduction of new financial instruments, interested institutions will work on improving the financial literacy of the population and enhancing the quality of corporate governance.
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