Kyrgyz Republic: Sixth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for New Three-Year PRGF Arrangement

International Monetary Fund

No 2005/119, IMF Staff Country Reports from International Monetary Fund

Abstract: The staff report for the Sixth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility on the Kyrgyz Republic highlights the economic developments and policies. To ensure that the external debt ratios fall, the program introduces a new indicative target for concessional public borrowing. Low inflation and strong productivity growth to contain unit labor costs are crucial to set up favorable conditions for nongold exports. The key to boost productivity is higher private investment, and the program focuses on improving the investment climate.

Keywords: ISCR; CR; Kyrgyz authorities; road transit agreement; SDR; consumer price inflation; parliament of the Kyrgyz Republic; discussion of the Kyrgyz Republic; Currencies; Fiscal stance; Central Asia (search for similar items in EconPapers)
Pages: 107
Date: 2005-03-29
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