Kyrgyz Republic : Fourth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Modification of Quantitative Performance Criteria: Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Kyrgyz Republic

Author/Editor:

International Monetary Fund

Publication Date:

June 8, 2007

Electronic Access:

Free Full text (PDF file size is 623 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

The paper discusses key findings of the Fourth Review Under the Poverty Reduction and Growth Facility (PRGF) for the Kyrgyz Republic. Output is rebounding and inflation remains subdued. However, most end-December 2006 and end-March 2007 structural benchmarks have been missed, partly because of political tensions that slowed the legislature. The 2007 program, which targets 6½ percent output growth and 5 percent inflation, caps the fiscal deficit at 3.1 percent of GDP and maintains a prudent monetary policy. The government plans to implement delayed structural measures under the program, and strengthen external debt management.

Series:

Country Report No. 07/195

Subject:

English

Publication Date:

June 8, 2007

ISBN/ISSN:

9781451821550/1934-7685

Stock No:

1KGZEA2007004

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

78

Please address any questions about this title to publications@imf.org