BISHKEK: Kyrgyzstan will introduce new tools for managing state assets by 2030, aiming to attract investments through modern platforms, as announced by Akylbek Japarov, Chairman of the Cabinet of Ministers, during a ceremony marking the 100th anniversary of the Ministry of Economy and Commerce.

According to Trend News Agency, Japarov highlighted the country’s economic progress, noting that Kyrgyzstan is steadily advancing in GDP per capita according to the World Bank classification. The nation aims to transition from a lower-middle-income to an upper-middle-income status by 2030, with a GDP target of $30 billion.

Japarov further elaborated on Kyrgyzstan’s economic performance, stating that the country has experienced an average growth rate of 7.5 percent over the past three years. The economic forecast for 2024 predicts a growth rate of 8.4 percent. He expressed confidence in the country’s potential to double its economy and achieve its economic objectives.