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-adjusted incomes remained stable during this period.•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.Public Disclosure Authorized LISTENING TO THE KYRGYZREPUBLIC QUARTERLY BRIEF SERIES Listeningto the Kyrgyz Republic(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 thatoccurred in the last 3 months, andexplore various topics based on thedata during the entire period. 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;the number of people concerned about jobssurpassed thoseconcernedabout prices.•Views on government’s work and trust in politicians and centralbankremained unchanged compared to the previous quarter. 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 nothaveto reduce consumption to meetotherneeds decreased during thesame period. Part of the reason for thismaybe attributed to the winterseason, during which households incurheating expenses. 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 andnutritious food because of a lack ofmoney, skipping meals, and eating lessbecause of a lack of money all eitherremaining at the same levelor slightlyincreasing. 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. The likelihood tobecome sick andneed a doctor has been reducing sincetheinception of the survey inDecember2021.However,bothindicators stuck at around 20% startingfrom October 2023. 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 slightlyincreased in the same period.This isconsistent with thestalled financialsecurity of households (Figure 2). 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. 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.Overall,major life events indexremained stablewithapproximately 8percentof household experiencing amajor changeper monthsince August2023. 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. 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%and 4% respectively. Nonetheless, among those affected, some reported significantly prolonged periods ofdisruption. This project has been funded by U