Kyrgyz GDP reverses decline to grow 5.7 percent

Kyrgyzstan's economy grew by 5.7 percent last year, the national statistics committee said on Monday, reversing a 0.5 percent decline recorded during the upheaval of 2010, when a revolution was followed by bloody ethnic clashes. Annual inflation slowed, also to 5.7 percent, compared with runaway price growth of 19.2 percent in 2010, data released by the committee showed.
The economy in Kyrgyzstan, a mountainous country that ranks among the poorest of 15 former Soviet republics, relies heavily on remittances from hundreds of thousands of migrant workers and production from a single gold mine.