Kyrgyz Republic: Kyrgyz Republic—Sixth Review Under the Three-Year Arrangement Under the Extended Credit Facility

International Monetary Fund

No 2014/200, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper discusses Kyrgyz Republic’s Sixth Review Under the Three-Year Arrangement Under the Extended Credit Facility. Following exceptionally strong performance in 2013, growth is moderating to a more sustainable pace. The program is broadly on track, with all end-December 2013 quantitative performance criteria and all but one indicative targets (IT) met for end-December 2013. Although three March 2014 ITs were missed, since then there has been progress in rebuilding reserves and enhancing tax collections. The two structural benchmarks for end-December were met. The IMF staff supports the completion of the sixth and final review.

Keywords: ISCR; CR; government; ECF arrangement; Kyrgyz authorities; SDR; Kyrgyz government; state government; Kyrgyz portfolio; Kyrgyz program; private sector; bank resolution; Central Asia (search for similar items in EconPapers)
Pages: 83
Date: 2014-07-11
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