Kyrgyzstan posts fastest growth in CIS
Kyrgyzstan led the way on economic growth in CIS in the first
quarter of 2010, the CIS Statistics Committee said while evaluating
economic growth rates in the former Soviet bloc’s member
states.
The Committee said resumed operation of the Kumtor gold mine in the Central Asian state buoyed its growth to 16.4%.
Uzbekistan was rated second, posting 7.6% GDP growth in Q1. It is followed by Tajikistan with 6.8% and Kazakhstan with 6.6%.
In the South Caucasus region, Armenia was rated ahead of its neighbors, with 5.5% GDP growth reported. In Azerbaijan, the figure was 5.4%.
The growth rate was reported at 4.5% in Russia and 4% in Belarus.*
The Committee said resumed operation of the Kumtor gold mine in the Central Asian state buoyed its growth to 16.4%.
Uzbekistan was rated second, posting 7.6% GDP growth in Q1. It is followed by Tajikistan with 6.8% and Kazakhstan with 6.6%.
In the South Caucasus region, Armenia was rated ahead of its neighbors, with 5.5% GDP growth reported. In Azerbaijan, the figure was 5.4%.
The growth rate was reported at 4.5% in Russia and 4% in Belarus.*
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