2025-9-9 19:07 |
The National Bank of Kazakhstan reports a slowdown in the growth of prices for paid services from 16.1 percent in June to 14.9 percent in July 2025, partly due to controlled implementation of the “Tariff in Exchange for Investments” program.
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Fitch expects a slight narrowing of Kyrgyzstan’s current account deficit, while underlying structural imbalances remain in place.
Fitch expects Kyrgyzstan’s reserve buffers to strengthen further, supported by gold-related inflows and external financing.
Kyrgyzstan’s increase in fixed capital investment reflects strengthened financing flows from both domestic and external sources, supporting overall investment activity in the economy.
The planned expansion of the World Bank-backed project portfolio signals continued external support for Kyrgyzstan’s infrastructure development and long-term economic modernization.
Tajikistan’s macroeconomic outlook points to a controlled inflation environment alongside gradually moderating growth, indicating a transition from rapid expansion to more sustainable economic dynamics.
The outlook reflects an economy balancing robust growth momentum with persistent inflationary pressures driven by demand expansion and external cost factors.
Kyrgyzstan’s growth outlook signals continued economic resilience driven by strong domestic momentum, even as expansion gradually normalizes amid external headwinds and base effects.