IMF Staff Country Reports

Kyrgyz Republic: Financial System Stability Assessment including Reports on the Observance of Standards and Codes on the following topics: Monetary and Financial Policy Transparency, Banking Supervision, and Payment Systems

Publication Date:

March 7, 2003

Electronic Access:

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Summary:

This paper presents key findings of the Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on Monetary and Financial Policy Transparency, Banking Supervision, and Payment Systems for the Kyrgyz Republic. Though the Kyrgyz Republic has made progress in addressing macroeconomic imbalances in recent years, its financial system remains small and at a fairly low level of development. Thus, most financial vulnerabilities should be viewed more in terms of their threat to financial sector development than their threat to macroeconomic stability.

Series:

Country Report No. 2003/052

Subject:

Bank legislation Bank supervision Banking Commercial banks Financial institutions Financial markets Financial regulation and supervision Legal support in revenue administration Payment systems Revenue administration