IMF Staff Country Reports

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

July 19, 2002

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Format: Chicago

International Monetary Fund. "Kyrgyz Republic: First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility", IMF Staff Country Reports 2002, 150 (2002), accessed 12/27/2025, https://doi.org/10.5089/9781451821383.002

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Summary

This paper evaluates the Kyrgyz Republic’s First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF). All quantitative performance criteria have been observed, and the program is on track. The end-March net international reserves target was exceeded by 20 percent of reserve money, and net domestic assets remained below the program ceiling by 4 percent of reserve money. The program’s fiscal performance criteria were also met. The program conditionality on structural reforms was satisfied.

Subject: Arrears, Currencies, External debt, Monetary base, Money, Poverty, Poverty reduction strategy

Keywords: Arrears, CR, Currencies, governance, government securities market, IMF's executive board, ISCR, Kyrgyz authorities, master agreement, Monetary base, NBKR, Poverty reduction strategy, PRGF-supported program