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Small and Medium Enterprises Development and Government Support in Kyrgyzstan

Year: 2025

Type: article

Abstract: Small and medium enterprises (SMEs) play a pivotal role in the economic development of ‎transitioning economies, including Kyrgyzstan. This study examines the interplay between ‎SME development and government support in Kyrgyzstan, focusing on policy frameworks, ‎financial incentives, and institutional mechanisms. Drawing on qualitative and quantitative ‎data, the analysis highlights the challenges SMEs face, including limited access to finance, ‎regulatory barriers, and inadequate infrastructure. The paper evaluates the effectiveness of ‎government initiatives, such as tax incentives and subsidized loans, in fostering SME growth. ‎Findings suggest that while government support has facilitated some progress, structural ‎inefficiencies and policy implementation gaps hinder sustainable development. ‎Recommendations include enhancing public-private partnerships and streamlining regulatory ‎processes to bolster the SME ecosystem. This study contributes to the literature on economic ‎development in post-Soviet states and provides actionable insights for policymakers‎.

Source: International Journal of Accounting and Economics Studies

DOI: 10.14419/6gzgcn41

Authors: Shaozheng Guo, Musaeva N.M., Haohe Yuan, Ping Yang, Esenalieva Baktygul, Depeng Pan

Institutions: Kyrgyz National University, Sichuan Top IT Vocational Institute, International Institute of Management and Business

Topic: Economic and Industrial Development

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Decent work and economic growth, Industry, innovation and infrastructure

Open Access status: bronze

OpenAlex ID: W4415358031

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