Kyrgyz Republic : Recent Economic Developments

Author/Editor:

International Monetary Fund

Publication Date:

February 5, 1998

Electronic Access:

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Summary:

This paper reviews economic developments in the Kyrgyz Republic during 1995–97. Significant progress has been achieved in establishing macroeconomic stability since 1994. Inflation has fallen sharply over 1992–97, and projections indicate that the 17 percent targeted for the year will be achieved. After a massive output decline during 1991–95, real GDP started to increase in late 1995 and showed solid growth in 1996 and during the first half of 1997. The budget deficit was halved during 1995–96 and is targeted to decline further in 1997, financed mostly through external assistance.

Series:

Country Report No. 98/8

Subject(s):

English

Publication Date:

February 5, 1998

ISBN/ISSN:

9781451821307/1934-7685

Stock No:

1KGZEA0011998

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

126

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