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Nov 5, 2021
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The share of the poor in Kyrgyzstan has exceeded 30% since the beginning of the pandemic

In Kyrgyzstan, since the beginning of the pandemic, the number of citizens whose incomes are below the poverty line has sharply increased. Their share increased from 20% to 31%, according to the local newspaper Vesti.

According to the Minister of Economy and Commerce of Kyrgyzstan Daniyar Amangeldiev, the tourism sector was the most affected. Its turnover decreased by 80%. A serious drop occurred in the trade, transport and construction sectors. As a result, in 2020, the country’s GDP fell by 8.6%, and the national debt increased by 16% due to the depreciation of the national currency. The inflation rate rose from 3% to 10%. There was also an increase in the unemployment rate.

Earlier it was reported that during the lockdown, the demand for air tickets to Azerbaijan, Armenia, Kyrgyzstan, Tajikistan and Uzbekistan increased sharply. Experts suggested that this is due to the movements of migrants.

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