GDP increased a little. The gross domestic product of Kyrgyzstan for the first two months of this year exceeded 63 billion soms.
According to data of the National Statistics Committee of the Kyrgyz Republic, in comparison with the same period last year, GDP increased by 4.9%. Without considering the enterprises for the development of the Kumtor deposit, the volume of GDP in January-February 2019 amounted to more than 56 billion soms and increased by 1%.
GDP growth was affected by an increase in the volume of industry, agriculture, and wholesale and retail trade.
PPP projects. 15 projects of public-private partnership (PPP) are at the stage of active implementation in Kyrgyzstan in various sectors of economy.
Deputy Minister of Economy of the Kyrgyz Republic Avtandil Alybayev said that the projects are implemented in the sectors of health care, development of the city, sports and tourism, transport, customs logistics and culture.
Customs check. In 2017, the actual receipts of customs payments to the state treasury amounted to 34.2 billion soms, with the revised forecast of 34.7 billion soms. Such data was revealed by the Accounts Chamber of the Kyrgyz Republic at the planned audit of the activities of the State Customs Service of the Kyrgyz Republic on the implementation of the state budget revenues and budget execution for 2017.
The volume of import of goods exempted from customs payments amounted to 41.3 billion soms, which is 5.5 billion soms less than in 2016.
More industrial products. By the beginning of 2019, industrial output increased in Kyrgyzstan by 12.2%. According to data of the National Statistics Committee of the Kyrgyz Republic, in January-February the industrial output amounted to more than 38 billion soms.
According to data, the growth in industrial production is due to an increase in the production of metal ores, coal, crude oil and natural gas, the production of base metals and clothing.
There was a decrease in the production of petroleum products, rubber and plastic products, food products, wood processing and textile production. The volume of generation and transmission of electricity has decreased.
The turnover decreased. The volume of foreign trade turnover of Kyrgyzstan in January of this year made $ 457 million. According to estimates of the National Statistics Committee of the Kyrgyz Republic, this is 8.4% less than in the first month of last year.
Export figures fell by 15.4%, while import volumes fell by 6.4%.
“The reduction in export deliveries was due to a decrease in the export of gold by 13.7%, automobile and tractor spare parts — by 4.5 times, cotton fiber — by 3.3 times, and garments by 3.6%,” the specialists said.
With whom we trade. The volume of mutual trade between Kyrgyzstan and the EEU member states amounted to US $ 147 million and decreased by 4.1% compared to January 2018.
The decrease affected both export deliveries (by 6.7%) and import receipts (by 3.3%). The largest share of the republic’s mutual trade with the EAEU member states still falls on Russia (60.4%) and Kazakhstan (38%).
The volume of mutual trade of Kyrgyzstan with China in the specified period amounted to $ 194.6 million, where the share of imports is 188.1 million.
In trade relations with Turkey, there was also a preponderance towards imports, where its volume amounted to $ 11.4 million, against $ 5.6 million of export volume.
There is a similar situation in trade with neighboring Uzbekistan, where the share of exports has developed in the amount of $ 7.8 million against 12.8 million of import revenues.
But trade relations with Tajikistan and European countries show the opposite picture. Exports to the neighboring country amounted to $ 2.4 million, while imports - 0.3 million.
With European countries, the advantage of the Kyrgyz Republic in favor of export is due to the export of gold. Exports amounted to $ 31.5 million, and imports - 15.2 million.
New businesses. In 2018, more than 10 new enterprises were launched in Kyrgyzstan, in which more than 1 thousand jobs were created.
According to the information of Deputy Chairman of the State Committee for Industry, Energy and Subsoil Use of the Kyrgyz Republic Jyrgalbek Sagynbayev, last year the Russian-Kyrgyz Development Fund financed a number of projects worth about $ 12 million, industrial facilities were launched and modernized, including $ 3.5 million was invested in the production of valves with a potential of 100 jobs, $ 1.2 million in the modernization and reconstruction of a brick factory, $ 4 million in the production of cement clinker using the dry method, $ 3.4 million - in the organization of the release of military and special working shoes with a design capacity of 100 thousand pairs per year.
Imported fuels and lubricants. In two months of this year, 180.2 thousand tons of petroleum products were imported to Kyrgyzstan.
According to Kanat Eshatov, Executive Director of the Association of Oil Traders of the Kyrgyz Republic, from January 1 to March 10 of this year, 180.2 thousand tons of oil products were imported to Kyrgyzstan, of which gasoline amounted to 96.6 thousand tons, diesel fuel - 83.6 thousand tons.
Eshatov noted that oil traders fully cover the needs of fuel and lubricants of the republic.
Smuggling of fuel and lubricants. Each year, 250-300 thousand tons of “illegal” fuel are transported to Kyrgyzstan, according to the Association of Oil Traders of the Kyrgyz Republic.
The Association believes that smuggling is profitable by minimized costs, since excise taxes and other taxes account for about 20% in the cost structure of the fuel.
According to expert estimates, the volume of fuel smuggling is about 20% of the market volume of Kyrgyzstan..
Kabar News Agency
Comments
Post Comment