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Waiting for further reforms

Since 2010, the Kyrgyz Republic has been Central Asia’s first parliamentary democracy. As a small country with large neighbours, the Kyrgyz Republic has to rely more than most nations on sound and well-balanced foreign relations. The Kyrgyz economy is not very diversified and is susceptible to external shocks. Its most important export and a source of foreign exchange is gold – still, Kyrgyzstan belongs to the group of lower middle-income countries and about one third of the population lives below the national poverty line. Hundreds of thousands of Kyrgyz nationals earn their living by working in neighbouring countries to support their families back home. In the first years of its independence, Kyrgyzstan was considered to have an above-average commitment to reform. As the necessary reforms have become increasingly complex, the pace of reform has slowed. Within the scope of development cooperation, the primary aim is to promote economic development and the healthcare sector.

Local office

KfW Office Bishkek

Director KfW Office: Dr. Ylva Renner-Haeberle
Blvd. Erkindik 22 / ul
Moskowskaya 101/1
720040 Bishkek
Kyrgyz Republic

Phone: +996 312 90 90 85-88
Fax: +996 312 90 90 89

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