Kyrgyz Republic: Staff Report for the 2004 Article IV Consultation and Request to Extend the PRGF Arrangement
February 10, 2005
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The staff report for the combined 2004 Article IV Consultation on the Kyrgyz Republic highlights the economic developments and external policies. The Kyrgyz Republic’s good economic performance owes much to its macroeconomic policies. Fiscal consolidation has helped to stabilize external debt, particularly by containing the externally financed public investment program. The anticipated decline in gold exports calls for actions to diversify exports and preserve cost competitiveness through low inflation and structural reforms to boost productivity growth.
Subject: Currencies, Expenditure, External debt, Money, Poverty, Poverty reduction strategy, Public debt, Revenue administration
Keywords: Central Asia, CR, Currencies, ISCR, Kyrgyz authorities, Poverty reduction strategy, PRGF arrangement, PRGF loan, PRGF-supported program, reform package
Pages:
70
Volume:
2005
DOI:
Issue:
047
Series:
Country Report No. 2005/047
Stock No:
1KGZEA2005003
ISBN:
9781451821482
ISSN:
1934-7685
