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Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
Bishkek, January 27 /Xinhua/ — The National Bank of Kyrgyzstan has decided to keep its key interest rate at 11 percent, the regulator's press service reported on Tuesday.
Kyrgyzstan's economy maintains high growth rates, with real GDP increasing by 11.1 percent by the end of 2025. The main drivers of economic growth are the construction and services sectors. Consumer demand is supported by rising real incomes, net remittances, and active lending.
According to the press service, inflation in Kyrgyzstan as of January 16, 2026, stood at 9.4 percent year-on-year. The National Bank's main monetary policy priority remains ensuring inflation returns to its target of 5-7 percent in the medium term, and therefore current monetary conditions remain relatively tight.
The inflation trajectory remains vulnerable to external factors. Global food and raw materials markets remain highly volatile. In the domestic economy, inflationary processes are largely driven by non-monetary factors, including the planned adjustment of regulated tariffs, and increased domestic demand. Therefore, the key interest rate has been maintained at 11 percent, the statement said.
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