Political-economic situation
According to a preliminary estimate by the National Statistics Committee, gross domestic product (GDP) from January to August 2022 amounted to USD 6.2 billion, and the real growth rate during this period was around 8.0%. The production volume increased by about one fifth compared to the corresponding interval of the previous year.
The Russia-Ukraine conflict is increasing uncertainty in the regions of Central Asia; in particular, the partial mobilization ordered at the end of September has triggered a mass exodus, the economic effects of which are not yet foreseeable. At the moment, rental prices are skyrocketing. The housing shortage in the capital Bishkek and in the Issyk-Kul region is worsening.
Activities BPN
In the third quarter, 2 basic seminars on the topic of "Employee Management" were successfully held in the north and south of the country with 55 participants. Similarly, 4 business plan workshops were organized with 16 interested parties. A business lunch on the topic of "Insurance" was held as part of the Entrepreneurs' Association.
