The population holds a money supply of 200-300 billion soms.

Виктор Сизов Economy
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According to the information presented at a press conference at the Kyrgyz Stock Exchange, the chairman of the Financial Market Regulation and Supervision Service, Marat Pirnazarov, reported that the population holds a monetary mass of between 200 to 300 billion soms.

He emphasized that this is a significant amount, which raises concerns against the backdrop of inflationary processes.

“It is important to convey to citizens that these funds should be directed towards investments and real sectors of the economy, rather than being kept under the mattress. To become a regional hub, it is necessary to create comfortable conditions for investors. For example, the Freedom group proposed to develop its services in Kyrgyzstan with the possibility of remote identification. In the modern world, no one will come to our country to open brokerage points,” added Pirnazarov.

In addition, he spoke about the implementation of key projects, such as the creation of a national depository, which should increase transparency and reduce risks in the financial market, as well as the adjustment of relevant legislation to support the development of the virtual assets sector.
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