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Kyrgyz Republic Resident Representative Site

Resident Representative Office in Kyrgyz Republic

May 22, 2013

This web page presents information about the work of the IMF in Kyrgyz Republic, including the activities of the IMF Resident Representative Office. Additional information can be found on the Kyrgyz Republic and IMF country page, including IMF reports and Executive Board documents that deal with Kyrgyz Republic.

News — Highlights

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Последствия присоединения Кыргызстана к Таможенному союзу остаются весьма неопределенными

Интервью с главой миссии МВФ в КР Кобой Гвенетадзе. click for more

Доклад персонала для консультаций 2011 года в соответствии со статьей IV

Доклад персонала для консультаций 2011 года в соответствии со статьей IV и просьбы об утверждении трехлетней договоренности в рамках Расширенного кредитного механизма; приложение; заявление персонала; информационное сообщение для общественности и пресс-релиз об обсуждении на заседании Исполнительного совета; заявление исполнительного директора от Кыргызской Республики click for more

Исполнительный совет МВФ утверждает договоренность с Кыргызской Республикой в рамках расширенного кредитного механизма в размере 106 млн долларов США

Пресс-релиз № 11/245; 20 июня 2011 года click for more

МЕЖДУНАРОДНЫЙ ВАЛЮТНЫЙ ФОНД КЫРГЫЗСКАЯ РЕСПУБЛИКА

Ретроспективная оценка долгосрочного участия в реализации программ click for more

Donors Conference Concluding Remarks Joint Economic Assessment Report for the Kyrgyz Republic Donor Conference

The international community expressed its strong commitment to assist the Kyrgyz Republic deal with the aftermath of the violence that engulfed the South in June. click for more

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Kyrgyz Republic and the IMF

The Kyrgyz Republic: Fifth Review Under the Three-Year Arrangement Under the Extended Credit Facility, and Request for Modification of Performance Criteria

December 27, 2013
Series: Country Report No. 13/376
Notes:
Also Available in Russian click for more

Press Release: IMF Executive Board Discusses Financial System Stability Assessment of the Kyrgyz Republic

December 19, 2013

Press Release: IMF Executive Board Completes the Fifth Review under the ECF Arrangement for the Kyrgyz Republic and Approves US$14.6 Million Disbursement

December 4, 2013

Kyrgyz Republic -- Letter of Intent, and Revised Technical Memorandum of Understanding, November 15, 2013

November 15, 2013
Also available in Russian PDF File Size: 444Kb click for more

Press Release: IMF Announces Staff-Level Agreement with the Kyrgyz Republic on the Fifth Review of the Extended Credit Facility

October 10, 2013

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Regional Economic Outlook: Middle East and Central Asia

image from the publication cover

The near-term economic outlook for the Middle East and North Africa region has weakened. In the oil-importing countries, many of which are Arab countries in transition, regional conflict, heightened political tensions, and delays in reforms continue to weigh on growth. In this context, the immediate policy priorities are to restore confidence and create jobs, make inroads into fiscal consolidation to restore debt sustainability and rebuild buffers, and embark on structural reforms needed to support private sector-led, job-intensive growth. Most oil-exporting countries continue to enjoy steady growth in the non-oil sector, supported in part by high levels of public spending. Although headline growth has declined because of domestic oil supply disruptions and lower global demand, a recovery in oil production is expected to lift growth next year. Increased vulnerability to a sustained decline in oil prices and intergenerational equity considerations underscore the need for countries to strengthen their fiscal buffers. Key medium-term challenges remain economic diversification and faster private-sector job-creation for nationals.

Economic activity in the Caucasus and Central Asia (CCA) is expected to continue expanding rapidly, with the CCA remaining among the fastest-growing regions in the world. Growth will be driven by a recovery in the hydrocarbon sector and firm growth in domestic demand, supported in part by stable remittance inflows. Considerable downside risks weigh on this outlook, however, stemming in particular from slower-than-expected growth in Russia, an important trading partner and source of remittance inflows. CCA economies should take advantage of the favorable near-term economic conditions to rebuild fiscal policy buffers that were eroded after the global crisis. In some cases, more exchange rate flexibility would help increase resilience to unanticipated shocks while supporting competitiveness. The positive near-term outlook is also an opportunity to strengthen policy frameworks and set in motion a process of structural transformation into dynamic emerging economies. Click for more