Analysis of the agro-industrial sector of the Kyrgyz Republic

Dzhamilia Sakkaraeva and Murat Kumashev

Ekonomika, Journal for Economic Theory and Practice and Social Issues, 2024, vol. 31, issue 2

Abstract: In the light of global and regional crises, which have become increasingly frequent since the early 2020s, the issues of food security of individual states are particularly acute. For the Kyrgyz Republic, the task of ensuring its own independence from external food suppliers is also highly relevant. The purpose of this study was to conduct a comprehensive analysis of the agro-industrial sector in Kyrgyzstan. In the process of work, statistical analysis of data for 1990-2023 was carried out, as well as empirical research by remote written questionnaire survey of the target audience. As a result, the data on the growing dynamics of the gross product of the Kyrgyz Republic, the role of agrocomplex in the economy of the country were obtained, and the information on the increase in yields of key crops – raw cotton and melons – was confirmed. Separately, the foreign economic balance of the country was considered, which revealed a marked excess of imports to Kyrgyzstan over exports, which is an alarming signal. In the course of the survey conducted among the owners of small and medium-sized farms, information was obtained confirming the need to increase targeted support programmes and provide soft loans for the purchase of agricultural machinery and seeds. Also, as a result of the questionnaire survey, a management problem was identified, where the majority of owners prefer to manage their farms on their own, not trusting professional management. At the same time, almost all respondents confirmed their willingness to introduce additional processing lines in their farms, which would enable them to offer the market a higher-value product. The results of this study are important for the relevant ministries and agencies to ensure technological growth and efficiency of the agro-industrial complex of the Kyrgyz Republic

Keywords: International; Development (search for similar items in EconPapers)
Date: 2024
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