Remittances of migrants to Kyrgyzstan increased by 19%

Bishkek, Nov. 30, 2021 . / Kabar / . Kyrgyzstan's economic development shows restrained growth rates, the phase of economic recovery to the pre-pandemic level is still incomplete, the National Bank of the republic reported.

In the first 10 months of 2021, the real GDP growth rate was 1.6%. Meanwhile, excluding the deposits for the development of Kumtor GDP growth rate was 4.1 %. The positive dynamics of economic recovery is supported by the growing volume of remittances to the country.

In January-September 2021, the net inflow of remittances of individuals increased by 19 %, having formed at the level of about USD 1.6 billion.