Kyrgyzstan expects 7% growth for 2013
2012-11-14 14:17:56
The Kyrgyz government has forecast a 7 percent growth of the country's gross domestic product (GDP) next year, a big jump from this year.
The increase will be achieved through a 5 percent growth in the services sector, a 18.5 percent rise in the construction sector, and a 17.9 percent advance in the industrial sector, the government said in its draft budget submitted to the parliament on Tuesday.
The Kyrgyz government estimated the country's GDP at 305.5 billion soms (about 6.5 billion U.S. dollars) and its GDP growth at 1.8 percent for 2012.
Meanwhile, the government forecast that Kyrgyzstan's foreign trade will grow by 30 percent in 2013.