IMF Staff Country Reports

This report examines the Observance of Standards and Codes on Fiscal Transparency Module for the Kyrgyz Republic. The assessment reveals that important steps have been taken to improve fiscal transparency in the Kyrgyz Republic in recent years, particularly in the area of budget preparation and execution. The introduction of a treasury system has greatly enhanced expenditure control and the quality of fiscal reporting. Continuing deregulation and privatization have also helped to clarify the roles and responsibilities of the government sector.