Small and Medium Enterprises Development and Government Support in Kyrgyzstan

  • Authors

    • Shaozheng Guo Kyrgyz National University named after Zhusup Balasagyn, Kyrgyz Republic, Bishkek, Frunze ‎street 547, 720033 https://orcid.org/0009-0004-3887-8553
    • Musaeva N.M. Kyrgyz National University named after Zhusup Balasagyn, Kyrgyz Republic, Bishkek, Frunze ‎street 547, 720033
    • Haohe Yuan Kyrgyz National University named after Jusup Balasagyn, Bishkek, Manas 101
    • Ping Yang Sichuan Top IT Vocational Institute; No. 2000, Xiqu Avenue, Xiqu District, High-tech Zone, ‎Chengdu City, Sichuan Province
    • Esenalieva Baktygul Kyrgyz National University named after Jusup Balasagyn, Bishkek, Manas 101
    • Depeng Pan International Institute of Management and Business, Minsk, Belarus,220086
    https://doi.org/10.14419/6gzgcn41

    Received date: August 26, 2025

    Accepted date: October 15, 2025

    Published date: October 20, 2025

  • Small and Medium Enterprises; Government Support; Economic Development; ‎Kyrgyzstan; Policy Implementation

  • 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.

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  • How to Cite

    Guo, S. ., N.M., M. ., Yuan, H. ., Yang, P. ., Baktygul , E. ., & Pan, D. . (2025). Small and Medium Enterprises Development and Government Support in Kyrgyzstan. International Journal of Accounting and Economics Studies, 12(6), 791-798. https://doi.org/10.14419/6gzgcn41