Sharp decline in the value of Russian currency is hitting Kyrgyzstan, Tajikistan and Uzbekistans economies hard. EurasiaNet.org reports
Pensioner Jyparkul Karaseyitova says she cannot afford meat anymore. At her local bazaar in Kyrgyzstans capital, Bishkek, the price for beef has jumped nine per cent in the last six weeks.
She is not alone in feeling the pain of rising inflation. Butcher Aigul Shalpykova says her sales have fallen 40% in the last month. If I usually sell 400kg of meat every month, in September I sold only 250kg, she said.
The IMF said it expects consumer prices in Kyrgyzstan to grow eight per cent in 2014 and 8.9% in 2015
The tumbling ruble and the drop in the price of oil have helped steer Kazakhstans economy into a cul-de-sac
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