Kyrgyz Republic : Request for a Three-Year Arrangement Under the Extended Credit Facility

Author/Editor:

International Monetary Fund. Middle East and Central Asia Dept.

Publication Date:

May 14, 2015

Electronic Access:

Free Full Text. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This paper discusses the Kyrgyz Republic’s Request for a Three-year Arrangement Under the Extended Credit Facility (ECF). Performance under the previous ECF arrangement, which expired last July, was good. Macroeconomic stability was restored, fiscal consolidation was stronger than planned, monetary policy was enhanced through a new interest rate-based framework, and supervision was strengthened in the financial sector. Although performance under the last ECF arrangement was good, new challenges have emerged, and some key reforms have yet to be implemented. The IMF staff supports the authorities’ request for a three-year arrangement under the ECF.

Series:

Country Report No. 15/113

Subject:

Notes:

Also available in Russian

English

Publication Date:

May 14, 2015

ISBN/ISSN:

9781484363492/1934-7685

Stock No:

1KGZEA2015001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

119

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