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

Author/Editor:

International Monetary Fund

Publication Date:

November 9, 2005

Electronic Access:

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Summary:

This paper discusses the Kyrgyz Republic’s First Review Under the Poverty Reduction and Growth Facility. The current account deficit remained broadly unchanged because of a significant increase in workers’ remittances, mainly from Russia and Kazakhstan. Large negative errors and omissions in the balance of payments suggest that the spring political events led to some capital flight. Structural reforms will continue to focus on developing the financial sector, addressing energy sector imbalances, and increasing labor market flexibility.

Series:

Country Report No. 05/402

Subject:

English

Publication Date:

November 9, 2005

ISBN/ISSN:

9781451959222/1934-7685

Stock No:

1KGZEA2005005

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

93

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