The agency said that a strong fiscal position, significant external reserves, favourable situation in the oil market were credit rating supporting factors.

The country’s partners have already pledged around $15 billion in financial aid in a move to support Ukraine’s economy and army amid a military conflict with Russia.

The World Bank and the IMF are also working together to assess the economic and financial impact of the conflict and refugees on other countries in the region and the world.

Annual inflation in Kyrgyzstan reached 11.2 percent in January this year, the same as in 2021. Monthly inflation was 1 percent in January.