Kyrgyz Republic: First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility

International Monetary Fund

No 2002/150, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper evaluates the Kyrgyz Republic’s First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF). All quantitative performance criteria have been observed, and the program is on track. The end-March net international reserves target was exceeded by 20 percent of reserve money, and net domestic assets remained below the program ceiling by 4 percent of reserve money. The program’s fiscal performance criteria were also met. The program conditionality on structural reforms was satisfied.

Keywords: ISCR; CR; governance; master agreement; government securities market; PRGF-supported program; NBKR; IMF's executive board; Kyrgyz authorities; Poverty reduction strategy; Monetary base; Arrears; Currencies (search for similar items in EconPapers)
Pages: 70
Date: 2002-07-19
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