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Bishkek, Sept. 21, 2018. /Kabar/. To date, small and medium-scale enterprises constitute 41% of Kyrgyzstan’s GDP, the Kyrgyz Ministry of Economy reported. As reported, further measures are taken to develop the business environment by improving the legal frSmall and medium-scale enterprises constitute 41% of Kyrgyzstan’s GDP
Bishkek, Sept. 21, 2018. /Kabar/. To date, small and medium-scale enterprises constitute 41% of Kyrgyzstan’s GDP, the Kyrgyz Ministry of Economy reported. As reported, further measures are taken to develop the business environment by improving the legal framework, developing business financing programs, establishing the Institute of Business Ombudsman and the Business Support Center. In addition, an event was held in Bishkek on the occasion of the Entrepreneurs' Day with the participation entrepreneurs of the country, representatives of international donor organizations. At the event representatives of the business community were nominated for presented to government awards and awards from the Ministry of Economy. State Secretary of the Ministry of Economy Aydin Sharsheev said that business has become an important factor of the socio-economic welfare of the republic. A country cannot develop harmoniously without entrepreneurship. It is an essential element of the market economy. In many spheres entrepreneurship determines the quality and structure of the gross product, as well as the rate of economic development and growth in general. Read more