Kyrgyzstan: Economic situation

02-02-2016

Political instability in Kyrgyzstan – climaxing in two uprisings which ended with governments ousted, as well as an ethnic riot in June 2010 – has worsened the already fragile economic situation, with the country highly dependent on foreign aid, exports of gold and remittances sent home by migrant workers. The newest member of the Eurasian Economic Union, Kyrgyzstan has come under further economic pressure following Russia's economic slowdown.

Political instability in Kyrgyzstan – climaxing in two uprisings which ended with governments ousted, as well as an ethnic riot in June 2010 – has worsened the already fragile economic situation, with the country highly dependent on foreign aid, exports of gold and remittances sent home by migrant workers. The newest member of the Eurasian Economic Union, Kyrgyzstan has come under further economic pressure following Russia's economic slowdown.