Kyrgyz Republic
The Kyrgyz Republic is one of five Central Asian economies. A lower-middle-income country with 6.3 million citizens, the Kyrgyz Republic has, in recent years, seen rapid decline in its poverty rates. The country’s rich endowments include arable land (7 percent of its territory), pastures (48 percent), and substantial forests and minerals, and significant potential exists for the expansion of its agricultural sector, hydroelectricity production, and tourism industry. The people of the Kyrgyz Republic are exposed to an average of 200 disasters each year, consisting in large part of avalanches, droughts, earthquakes, floods, and land- and mudslides. These disasters affect a total of approximately 200,000 people, and annual damage and losses amount to between US$30 million and US$35 million. The latest devastating earthquake, with a magnitude of 5.9, occurred in 2017.
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