Kyrgyzstan central bank held its benchmark interest rate steady at 13%, considering controlled inflation and consistent GDP growth recovery. As of mid-May, the annual inflation rate stood at 11.2% due to tariff revisions and steady food prices. The country’s GDP showed a 4.4% growth in the initial four months of 2023, mainly driven by the services sector. The bank also maintained its overnight credit and deposit rates at 15% and 11%, respectively, promising to implement suitable measures for medium-term price stability.