Key Trends in Q1 2024 HOUSEHOLD WELLBEING •In Q1 2024, the overall socioeconomic situation of householdsshowed a slight decline, marked by a deterioration in bothhousehold financial security and food security. However,inflation-Public Disclosure Authorized •The fraction of households who experienced an adverse event hasbeen stable in Q1 2024, driven by likelihood to lose a job and aseasonal spike in illnesses.•During Q1 of 2024, service disruptions escalated, particularly inelectricity, driven by coldweather conditions, although theaverage days of blackouts decreased.•Since the survey began in December 2021, perceptions of well-being and socioeconomic status have generally been on the rise,but in Q1 2024, both indexes experienced a decline.LISTENING TO THE KYRGYZREPUBLICQUARTERLY BRIEF SERIESListeningto the Kyrgyz RepublicPublic Disclosure Authorized (L2KGZ) is a monthly panel survey. Itis administered to 1,500 householdsevery month to monitor well-beingandopinions of a representativegroupofthepopulationofKyrgyzstan.It was started inDecember2021.L2KGZ quarterlybriefssummarize changes that VIEWS ON ECONOMY AND GOVERNANCE •Perceptions of both national and local economic conditions haveplateaued, although there havebeen improvements inperceptions ofprice stabilization.•Jobs and prices remain the most pressing economic challenges; This project has been funded by UK International Development from theUK government; however, the views expressed do not necessarily reflectthe UK government’s official policies. LISTENING TOTHEKYRGYZ REPUBLIC QUARTERLY BRIEF SERIES Financial security has been improvingsincethe inception of the survey.However,starting from December2023, the progression has plateaued.The fraction of households that wasable to buy enough food and hadsavings has continued to increase inQ1 2024.Conversely, the percentageof households able to cover utilitycosts andhouseholds who did not Incomesand financial securityofferedsomeprotectionagainstfoodinsecurityin2023, when measures offoodsecuritysteadilyimproved.However,overallprogressstarted tostagnate in July 2023 and continuedthis trendin Q1 2024, with the share ofrespondents saying they were worriedabout obtaining enough food, or thatthey were unable to eat healthy and This project has been funded by UK International Development from theUK government; however, the views expressed do not necessarily reflectthe UK government’s official policies. LISTENING TOTHEKYRGYZ REPUBLIC QUARTERLY BRIEF SERIES The likelihood tobecome sick andneed a doctor has been reducing sincetheinception of the survey inDecember2021.However,bothindicators stuck at around 20% starting The fraction of households in debtslightly decreasedinQ1 2024.At thesametime,thepercentageofhouseholds claiming that it becameharder to pay loans and debt burden asashare of income both slightly LISTENING TOTHEKYRGYZ REPUBLIC QUARTERLY BRIEF SERIES EXPOSURE TO SHOCKS The L2KGZ survey captures two types of shocks: (1) major life events, ranging from death of a householdmember to loss of a job, to return from migration, (2) disruptions in basic utilities: electricity, water,heating, and gas. Kyrgyzhouseholdshavebeenexperiencingdecreasing number ofadverse events since the beginning oftheL2KGZ survey.This downwardtrend is largely driven by a decreasinglikelihood to lose a jobfollowedbydecreasein likelihood to get sick. This project has been funded by UK International Development from theUK government; however, the views expressed do not necessarily reflectthe UK government’s official policies. LISTENING TOTHEKYRGYZ REPUBLIC QUARTERLY BRIEF SERIES During Q1of 2024disruptions inservice provisions increased.Specifically, reported electricity disruptionsexperienced a substantial rise during this perioddue tocold weather conditions. Daily power outagesbecame widespread, exacerbated by low water levels at Kyrgyzstan’s vital Toktogul HPPand repair worksattwo hydraulic units at hydropower stations.The average duration of blackouts decreasedfrom 5.6 hoursin December 2023 to 3.5 hours in March 2024.Heating and gas service disruptions were minimal, at 2% LISTENING TOTHEKYRGYZ REPUBLIC QUARTERLY BRIEF SERIES SUBJECTIVE PERCEPTIONS OF WELLBEING The L2KGZ quarterly briefs capture subjective wellbeing with three indicators:perceptions of wellbeing,perception of socio-economic status and mental health self-assessment. All these indicators are based The indicator of subjective well-being is based on four questions. The respondents are asked to report howfinancial well-being of their households compare to 30 days ago, andif it is likely to improve or not over The indicator of socioeconomic status is based on 4 questions. Respondents are asked to place theirhousehold on a 10-step ladder, where at the bottom are the poorest 10% and at the top the richest 10% at3 different points in time: now, 5 years ago and 5 years later. The fourth question asks respondents if they Mental health indicator is based on