18 Apr 2018 17:12

Kyrgyz president orders National Bank to develop plan to minimize losses from external shocks

BISHKEK. April 18 (Interfax) - Kyrgyz President Sooronbai Jeenbekov has ordered that the country's National Bank and the government elaborate an action plan to minimize the negative impact of external shocks on the economy, the presidential press service told Interfax on Wednesday.

At a meeting with National Bank Chairman Tolkunbek Abdygulov, Jeenbekov said, "Given the current economic situation Kyrgyzstan's key trade partners are facing, the National Bank together with the government should determine by which channels and to which degree external shocks influence the country's economy," according to the press service.

Jeenbekov ordered that "a plan of joint measures be drafted in case the situation in foreign markets has a negative impact on the economy and entrepreneurs engaged in the import and export of goods," the press service said.