## Kyrgyz Republic: Ex Post Assessment of Longer-Term Program Engagement

_IMF Staff Country Reports, February 4, 2005_

## Source details

**Canonical URL:** [Kyrgyz Republic: Ex Post Assessment of Longer-Term Program Engagement](https://www.imf.org/en/publications/cr/issues/2016/12/31/kyrgyz-republic-ex-post-assessment-of-longer-term-program-engagement-18022)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/kyrgyz-republic-ex-post-assessment-of-longer-term-program-engagement-18022/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/31/kyrgyz-republic-ex-post-assessment-of-longer-term-program-engagement-18022/index.json)
- [Bundle manifest](/en/publications/cr/issues/2016/12/31/kyrgyz-republic-ex-post-assessment-of-longer-term-program-engagement-18022/bundle-manifest.json)

## Bibliographic details
- Published: February 4, 2005
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451821475.002

---

### Main findings
- External debt service claimed a steadily increasing share of fiscal revenues.
- A strengthened commitment to prudent fiscal policies and improved policy capacity have helped to turn around macroeconomic performance.
- Fiscal policy must deliver on its revenue targets, while addressing poverty and servicing large external debt obligations.
- Debt reduction must continue to be a main objective of any IMF-supported program.

### Policy implications and recommendations
- Prioritize debt reduction as a central objective of program engagement.
- Ensure fiscal policy achieves stated revenue targets to balance poverty alleviation and external debt service obligations.
- Sustain and deepen improvements in policy capacity to support macroeconomic stabilization.

### Thematic coverage and keywords
- Subject areas: Expenditure, Export performance, Exports, External debt, International trade, Public investment and public-private partnerships (PPP), Public investment spending.
- Keywords: balance of payments, Baltics, central bank, CR, current account, exchange rate, Export performance, Exports, fiscal policy, ISCR, Public investment and public-private partnerships (PPP), Public investment spending, state government, U.S. dollar.

*Kyrgyz Republic: Ex Post Assessment of Longer-Term Program Engagement (IMF Staff Country Reports 2005, 032).*

---

## Content in this bundle

- **Kyrgyz Republic—Ex Post Assessment of Longer-Term Program Engagement**
  - [Kyrgyz Republic—Ex Post Assessment of Longer-Term Program Engagement (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2005/_cr0532.pdf){rel="external" type="application/pdf"}

---

_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/kyrgyz-republic-ex-post-assessment-of-longer-term-program-engagement-18022_