Kyrgyzstan: Full Country Report Now Available at Report Buyer

PRLog (Press Release) - Jun 17, 2009 -
According to the report “Country Report Kyrgyzstan November 2008” available at http://www.reportbuyer.com/go/EIU01022 , despite comparative stability since the parliamentary election in December 2007, the Kyrgyz Republic will remain vulnerable to the risk of unrest. The extra-parliamentary opposition is likely to continue to mount occasional public protests, but the authorities will deal robustly with dissent. The president, Kurmanbek Bakiyev, is likely to remain secure in office until the presidential election due in 2010.

The opposition raised grievances over the conduct of the local elections held on October 5th, alleging instances of multiple voting and deficiencies in the register of ballots. Some opposition parties refused to take part, and pro-presidential candidates are likely to dominate the final results. Cracks have emerged within the pro-presidential administration, with a number of high-profile resignations. Relations with Russia have remained warm but muted.

The report states that Kyrgyz policymaking has been dominated by the need to take emergency measures to try to prevent a shortfall in electricity during the winter heating season. There are some indications that efforts to increase energy self-sufficiency are beginning to make progress.

The Economist Intelligence Unit has revised downwards its forecast for real GDP growth this year, to 4.5%, following an expansion estimated at 6% in 2008. Despite further increases in gas import prices, inflationary pressures will abate owing to lower global prices for food, fuel and other commodities.

Industrial production is sluggish, and only being boosted by solid output at the Kumtor gold mine. Consumer price inflation slowed to 26.8% year on year in January-September, owing to lower food and oil prices.

The report “Country Report Kyrgyzstan November 2008” is available from Report Buyer at: http://www.reportbuyer.com/countries/central_asia/kyrgyzs...    

Report Buyer product ID: EIU01022
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