Executive
Board
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Board Discussions
on the Kyrgyz Republic:
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May 22, 2009
December 10, 2008
May 21, 2008
November 16, 2007
May 18, 2007
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Projected % Change
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2009
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2010
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Real GDP
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1.5
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3
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Consumer Prices
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8
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6.7
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Source: World Economic Outlook (October 2009)
Please refer to more recent PIN/Staff reports on this country for possible revisions.
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Kyrgyz Republic: Financial Position in the Fund
International Reserves
Transactions with the Fund
IMF Resident Representative
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Kyrgyz Republic and the IMF
Updated October 30, 2009
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The last Article IV Executive Board Consultation was on May 22, 2009. The Kyrgyz Republic is a subscriber to the Special Data Dissemination Standard. Listed below are items related to the Kyrgyz Republic, in reverse chronological order (you can also view items by category).
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| April 20, 2002 -- Statement by the Honorable Kaspar Villiger, President of Switzerland and Minister of Finance, International Monetary and Financial Committee, Washington, D.C., April 20, 2002
IMFC member for the constituency consisting Azerbaijan, Kyrgyz Republic, Poland, Switzerland, Tajikistan, Turkmenistan, Uzbekistan, Serbia and Montenegro
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| March 13, 2002 -- Kyrgyz Republic: Report on the Observance of Standards and Codes--Fiscal Transparency Module
Series: Country Report No. 02/54
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| February 04, 2002 -- Poverty Reduction, Growth and Debt Sustainability in Low-Income CIS Countries
Armenia, Azerbaijan, Georgia, the Kyrgyz Republic, Moldova, Tajikistan and Uzbekistan are the poorest countries in the CIS, and their transition to market-based economies over the past decade has been extremely difficult. In many cases, the economic disruptions created by the break-up of the former Soviet Union were compounded by diverse shocks, including armed conflicts and massive changes in the terms of trade. For the group as a whole, real GDP fell by an average of almost 50 percent between 1990 and 1995, and poverty and inequality increased substantially. Since then, growth has resumed, but both financial and physical (life expectancy and nutritional status) indicators of living standards remain depressed or may have deteriorated in some countries. In several cases, a large volume of external debt has also been accumulated, undermining prospects for growth and poverty reduction.
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| December 19, 2001 -- Public Information Notice: IMF Concludes 2001 Article IV Consultation with the 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.
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| December 19, 2001 -- Kyrgyz Republic: 2001 Article IV Consultation and Request for Three-Year Arrangement Under the Poverty Reduction and Growth Facility--Staff Report; Staff Supplement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Kyrgyz Republic
Series: Country Report No. 01/223
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| December 19, 2001 -- Kyrgyz Republic: Statistical Appendix
Series: Country Report No. 01/224
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| December 07, 2001 -- News Brief: IMF Gives Final Approval of PRGF Arrangement for the Kyrgyz Republic
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| November 30, 2001 -- Press Release: IMF Approves In Principle Three-Year, US$93 Million PRGF Arrangement for the Kyrgyz Republic
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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
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| 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.
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| 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
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| 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.
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| 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
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| 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.
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| 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
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| 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
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| 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.
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| 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.
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| 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.
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| October 30, 2000 -- Kyrgyz Republic: Selected Issues and Statistical Appendix
Series: IMF Staff Country Report No. 00/131
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