Kyrgyz Republic: Recent Economic Developments

International Monetary Fund

No 1999/031, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper reviews economic developments in the Kyrgyz Republic during 1995–99. After having contracted by about 50 percent between 1992 and 1995, real GDP recovered strongly in 1996, with a growth rate of more than 7 percent. The main source behind this increase was a strong growth of the agricultural sector, which continued the following year, and, combined with the startup of the Kumtor gold mine, led to a real GDP growth rate of almost 10 percent in 1997. During 1998, growth slowed down to about 2 percent.

Keywords: ISCR; CR; U.S. dollar; Kyrgyz authorities; private sector; exchange rate; interbank market; Exports; Imports; Baltics (search for similar items in EconPapers)
Pages: 131
Date: 1999-05-05
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