PROBLEMS OF INVESTMENT POLICY TO ATTRACT CAPITAL TO THE ECONOMY OF THE KYRGYZ REPUBLIC

Abstract

Attracting foreign capital is not easy, even for enterprises operating in countries with a more favorable investment climate and less risk. The main obstacles to the inflow of foreign capital into the Kyrgyz Republic are: undeveloped legislation, excessive taxes, lack of a mechanism for protecting foreign investment, criminality of the situation, and the spread of corruption. Many foreign entrepreneurs cite the latter as the main reasons, and also highlight the instability. Stability, including political, legal, economic and social, is a fundamental factor for attracting investment. Unfortunately, today the Kyrgyz Republic has a reputation as a politically and socially unstable state, where there is often a change of power, state policy, laws, there is no continuity and consistency in government decisions.