17:42 - 7.07.2026

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July 7, Fineko/abc.az. The Turkic Economic Review for Q1 of this year reveals the indicators of fixed capital investment (sabit capital), which play a crucial role in long-term economic growth, as well as the dynamics of the total assets of the banking sector in the countries of the Organization of Turkic States.

A surge in fixed capital investment:

Thanks to large investments in infrastructure, energy, and manufacturing, as well as increased foreign direct investments, the following countries have seen high growth rates:

Uzbekistan: 29.6%

Kyrgyzstan: 25.5%

Azerbaijan: 14.9% (due to increased foreign direct investments and improved business environment)

Hungary: 12.2%

Growth in the total assets of the banking sector:

The strengthening of financial services and support for economic development have contributed to strengthening of region's banking system:

Kyrgyzstan: 23.0%

Uzbekistan: 19.6%

Kazakhstan: 11.0%

Turkey: 7.4%

Hungary: 6.8%

Azerbaijan: 5.7%

Northern Cyprus (TRNC): 5.04%