Kyrgyz Republic: Improving Growth Potential
Kyrgyz Republic: Improving Growth Potential

Author: Takashi Yamano

Publisher: Asian Development Bank

Published: 2019-09-01

Total Pages: 266

ISBN-13: 9292617370

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The Kyrgyz Republic has overcome some complex challenges to now have one of the most open economies in Central Asia. The country has improved its per capita income and living standards and is on the threshold of becoming a lower-middle-income economy. Looking ahead, the main challenge for the Kyrgyz Republic is to build on these successes to stimulate stronger, more broad-based economic growth. This book identifies the economic and governance reforms needed within key sectors to drive this growth. It provides policy suggestions to enhance the country’s trade, agriculture, tourism, finance, information and communications technology, energy, transport and logistics, and human capital.

Kyrgyz Republic
Kyrgyz Republic

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 2007-03-29

Total Pages: 127

ISBN-13: 1451821522

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The Kyrgyz authorities have maintained macroeconomic discipline in recent years, despite a challenging political environment. This 2006 Article IV Consultation highlights that the economic activity is rebounding in 2006, with year-over-year real GDP growth of 3.2 percent through September, after a slight contraction in 2005. Inflation is projected to rise slightly to just below 6 percent during 2006. Remonetization has gathered pace in recent years, but the financial system remains relatively shallow by international standards. Comprehensive financial reforms are under way and are slated to gain momentum under the IMF-supported program.

Central Banking Technical Assistance to Countries in Transition
Central Banking Technical Assistance to Countries in Transition

Author: Ms.Susana Almuina

Publisher: International Monetary Fund

Published: 1995-12-15

Total Pages: 174

ISBN-13: 9781557754462

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This book, edited by J.B. Zulu, Ian S. McCarthy, Susana Almuiña, and Gabriel Sensenbrenner, presents the proceedings of the special Joint Meetings on Central Banking Technical Assistance held in St. Petersburg, Russia in 1994, and provides detailed information on important issues in central banking, including a comparative sample of 31 countries. The arrangements concerning such issues as the size and composition of the policymaking board, the role of the central bank in monetary and exchange rate policy, resolution of conflict between the central bank and the government, public accountability, relations with the markets, and credit to the government are reviewed.

Kyrgyz Republic
Kyrgyz Republic

Author: International Monetary Fund. Middle East and Central Asia Dept.

Publisher: International Monetary Fund

Published: 2018-02-22

Total Pages: 106

ISBN-13: 148434295X

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This paper discusses Kyrgyz Republic’s Fourth and Fifth Reviews Under the Three-Year Arrangement Under the Extended Credit Facility, and Request for Modification of Performance Criteria (PCs). Program performance has been mixed. All end-December 2016 and end-June 2017 quantitative PCs, and all but three indicative targets (ITs) were met. The December 2016 IT on tax revenue, the continuous IT on introducing new or renewing existing tax exemptions, and the June 2017 IT on reserve money were not observed. Six structural benchmarks were missed, of which five were proposed to be postponed or modified at the time of the fourth review. Resuming the reform agenda and pursuing consolidation efforts are essential to allow growth to reach its potential over the medium term.