Kyrgyz Republic: Kyrgyz Republic—Sixth Review Under the Three-Year Arrangement Under the Extended Credit Facility
July 11, 2014
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This paper discusses Kyrgyz Republic’s Sixth Review Under the Three-Year Arrangement Under the Extended Credit Facility. Following exceptionally strong performance in 2013, growth is moderating to a more sustainable pace. The program is broadly on track, with all end-December 2013 quantitative performance criteria and all but one indicative targets (IT) met for end-December 2013. Although three March 2014 ITs were missed, since then there has been progress in rebuilding reserves and enhancing tax collections. The two structural benchmarks for end-December were met. The IMF staff supports the completion of the sixth and final review.
Subject: Banking, Expenditure, Financial services, Monetary base, Public debt, Public financial management (PFM), Revenue administration
Keywords: bank resolution, Central Asia, CR, ECF arrangement, government, ISCR, Kyrgyz authorities, Kyrgyz government, Kyrgyz portfolio, Kyrgyz program, private sector, SDR, state government
Pages:
83
Volume:
2014
DOI:
Issue:
200
Series:
Country Report No. 2014/200
Stock No:
1KGZEA2014001
ISBN:
9781498392532
ISSN:
1934-7685
