IMF Staff Country Reports

Kyrgyz Republic: Recent Economic Developments

Publication Date:

May 5, 1999

Electronic Access:

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Summary:

This paper reviews economic developments in the Kyrgyz Republic during 1995–99. After having contracted by about 50 percent between 1992 and 1995, real GDP recovered strongly in 1996, with a growth rate of more than 7 percent. The main source behind this increase was a strong growth of the agricultural sector, which continued the following year, and, combined with the startup of the Kumtor gold mine, led to a real GDP growth rate of almost 10 percent in 1997. During 1998, growth slowed down to about 2 percent.

Series:

Country Report No. 1999/031

Subject:

Banking Commercial banks Expenditure Exports External debt Imports International trade Revenue administration