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December 4, 2013
June 10, 2013
December 3, 2012
December 7, 2011
June 20, 2011

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Financial Sector Assessment Program

Projected % Change
   2014  2015
Real GDP 4.4 4.9
Consumer Prices 6.1 6.6
Source: World Economic Outlook (April 2014)
Please refer to more recent PIN/Staff reports on this country for possible revisions.

Kyrgyz Republic: Financial Position in the Fund

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Kyrgyz Republic and the IMF
Updated August 12, 2014

The last Article IV Executive Board Consultation was on June 10, 2013. Listed below are items related to the Kyrgyz Republic, in reverse chronological order (you can also view items by category).

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November 17, 2001 -- Statement by Mr. Jean-Pierre Roth, Chairman of the Swiss National Bank, to the International Monetary and Financial Committee, Washington, D. C., November 17, 2001
The International Monetary and Financial Committee member for the constituency consisting of Azerbaijan Republic, Kyrgyz Republic, Republic of Poland, Switzerland, Republic of Tajikistan, Turkmenistan, Uzbekistan, and the Federal Republic of Yugoslavia
November 16, 2001 -- Kyrgyz Republic Letter of Intent, Memorandum of Economic Policies, and Technical Memorandum of Understanding, November 16, 2001
This Letter of Intent of the government of Kyrgyz Republic describes the policies that Kyrgyz Republic intends to implement in the context of its request for financial support from the IMF.
November 14, 2001 -- Interim Poverty Reduction Strategy Paper Progress Report--Joint Staff Assessment
Evaluates the strengths and weaknesses of a country's poverty reduction objectives and strategies, and in it the staffs of the IMF and World Bank make recommendations about whether the PRSP or IPRSP provides a sound basis for concessional assistance from the Bank and Fund, as well as for debt relief under the Enhanced Heavily Indebted Poor Countries (HIPC) Debt Initiative. PDF File Size: 392Kb
November 01, 2001 -- Kyrgyz Republic -- Interim National Strategy for Poverty Reduction Progress Report, November 1, 2001 -- Interim Poverty Reduction Strategy Paper
Summarizes the current knowledge and assessment of a country's poverty situation, describes the existing poverty reduction strategy, identifies gaps in poverty data, diagnotics, and monitoring capacity, and lays out the process for addressing these gaps and producing a fully developed Poverty Reduction Strategy Paper in a participatory fashion.
October 01, 2001 -- The Russian Financial Crisis and its Consequences for Central Asia
Author/Editor: Pastor, Gonzalo C. | Damjanovic, Tatiana
Series: Working Paper No. 01/169
October 01, 2001 -- The Russian Financial Crisis and its Consequences for Central Asia
Author/Editor: Pastor, Gonzalo C. | Damjanovic, Tatiana
Series: Working Paper No. 01/169
June 13, 2001 -- Kyrgyz Republic-Interim Poverty Reduction Strategy Paper--Table of Contents, June 13, 2001
Summarizes the current knowledge and analysis of a country's poverty situation, describes the existing poverty reduction strategy, and lays out the process for producing a fully developed PRSP in a participatory fashion.
April 29, 2001 -- IMFC Statement by Mr. Kaspar Villiger Minister of Finance of Switzerland Alternate Governor of the IMF for Switzerland
The International Monetary and Financial Committee member for the constituency consisting of Azerbaijan Republic, Kyrgyz Republic, Republic of Poland, Switzerland, Republic of Tajikistan, Turkmenistan, and the Serbia and Montenegro
April 29, 2001 -- IMFC and Development Committee Joint Meeting Statement by Messrs. Kaspar Villiger, Minister of Finance and Pascal Couchepin, Minister of Economic Affairs of Switzerland
The International Monetary and Financial Committee member for the constituency consisting of Azerbaijan, Kyrgyz Republic, Poland, Switzerland, Tajikistan, Turkmenistan, Uzbekistan, Serbia and Montenegro
March 08, 2001 -- Transcript of a Joint Briefing by IMF European II Department Assistant Director, Mohammad Shadman-Valavi, and World Bank Sector Manager, Samuel Otoo, on External Debt and Fiscal Sustainability in Armenia, Georgia, Kyrgyz Republic, Moldova, and Tajikistan
These countries have received little in the way of bilateral grants and have relied increasingly on the Fund and the Bank for financial assistance. Their debt burden is expected to create serious balance of payments and fiscal difficulties and adversely affect poverty reduction efforts in these countries in the coming years.
February 07, 2001 -- Armenia, Georgia, Kyrgyz Republic, Moldova, and Tajikistan: External Debt and Fiscal Sustainability
This paper examines the debt situation in the five CIS countries that are eligible for PRGF and IDA only. It describes the size and composition of the debt and the key factors that have led to its rapid accumulation in recent years.
December 01, 2000 -- IMF Staff Papers - Volume 47, Number 2, 2000 - Ratchet Effects in Currency Substitution: An Application to the Kyrgyz Republic, by Joannes Mongardini and Johannes Mueller
Currency substitution has been a common issue in the design of monetary policy in most transition economies. This paper analyzes the persistence of this phenomenon in the Kyrgyz Republic up to start of the Russia crisis by including a ratchet variable in the model specification. It concludes that, while some degree of persistence was present in the allocation of bank deposits at that time, currency substitution in the economy at large had not yet reached a point where reversing it would have been costly.
October 30, 2000 -- Kyrgyz Republic: Selected Issues and Statistical Appendix
Series: IMF Staff Country Report No. 00/131
October 13, 2000 -- Public Information Notice: IMF Concludes Article IV Consultation with Kyrgyz Republic
Public Information Notices (PINs) form part of the IMF's efforts to promote transparency of the IMF's views and analysis of economic developments and policies.
September 24, 2000 -- Statement to the IMFC by Mr. Kaspar Villiger, Minister of Finance of Switzerland
The International Monetary and Financial Committee member for the constituency consisting of Azerbaijan Republic, Kyrgyz Republic, Republic of Poland, Switzerland, Republic of Tajikistan, Turkmenistan, Republic of Uzbekistan
September 13, 2000 -- News Brief: IMF Completes Reviews of Kyrgyz Republic under PRGF-Supported Program and Approves US$12 Million Credit
August 30, 2000 -- Kyrgyz Republic Supplemental Letter of Intent, August 30, 2000
This Letter of Intent of the government of Kyrgyz Republic describes the policies that Kyrgyz Republic intends to implement in the context of its request for financial support from the IMF.
April 16, 2000 -- Statement by Mr. Kaspar Villiger, Minister of Finance of Switzerland to the International Monetary and Financial Committee, April 16, 2000
The International Monetary and Financial Committee member for the constituency consisting of Azerbaijan Republic, Kyrgyz Republic, Republic of Poland, Switzerland, Republic of Tajikistan, Turkmenistan, Republic of Uzbekistan
February 09, 2000 -- Press Release: IMF Approves Second Annual PRGF Loan for Kyrgyz Republic
January 25, 2000 -- Kyrgyz Republic - Poverty Reduction and Growth Facility -- Policy Framework Paper, 2000-2002 Table of Contents
Describes economic objectives, macroeconomic and structural policies for three-year adjustment programs supported by ESAF resources, as well as associated external financing needs and major sources of financing

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