Author : Asian Development Bank
Publisher :
Page : 14 pages
File Size : 24,47 MB
Release : 1999
Category : Economic assistance
ISBN :
Author : International Monetary Fund. Middle East and Central Asia Dept.
Publisher : International Monetary Fund
Page : 58 pages
File Size : 20,86 MB
Release : 2020-03-27
Category : Business & Economics
ISBN : 1513538691
This paper discusses Kyrgyz Republic’s Request for Purchase Under the Rapid Financing Instrument and Disbursement Under the Rapid Credit Facility. The COVID-19 pandemic has been hitting the Kyrgyz economy very hard and created an urgent balance of payments need. All sectors are being impacted with extreme severity as measures are being taken to stop the spread of the virus. Given the unprecedented high level of uncertainty, IMF emergency support under the Rapid Financing Instrument and the Rapid Credit Facility helps provide a backstop and increase buffers and shore up confidence. It also helps to preserve fiscal space for essential COVID- 19-related health expenditure and catalyze donor support. Banks’ capital and liquidity buffers need to be used to absorb credit losses and the liquidity squeeze. Once these buffers are exhausted, the central bank needs to show flexibility on the timing of bringing capital and liquidity above the minimum required, considering the length of the crisis. Expeditious donor support is needed to close the remaining balance of payments gap and ease the adjustment burden.
Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 85 pages
File Size : 16,2 MB
Release : 2011-12-14
Category : Business & Economics
ISBN : 1463929218
The Kyrgyz Republic is emerging from a deep political crisis. In April 2010, a popular uprising toppled the previous regime and internal ethnic conflict in June 2010 exacerbated the already difficult political situation. The crisis has adversely affected economic activity and near-term growth prospects, straining the government’s financial position, which has been worsened further by critical reconciliation, recovery, and reconstruction needs. Continued growth in Russia and Kazakhstan, combined with high gold prices, contributed to an expansion in remittances and gold exports by 33 percent and 74 percent, respectively.
Author : Roger Thomas Moyes
Publisher :
Page : 18 pages
File Size : 26,92 MB
Release : 2002
Category : Banks and banking
ISBN :
Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 92 pages
File Size : 15,63 MB
Release : 1999-08-31
Category : Business & Economics
ISBN : 9781557758255
This occasional paper provides an overview of the economic reform experiences of the Central Asian states of the former Soviet Union since their independence at the turn of the decade. The choice of countries reflects not only a geographical grouping, but also similarities in the types of transition challenges faced by these countries notwithstanding considerable variations in their sizes, ethnic composition, resource endowments, and economic structures. The paper attempts to identify a number of key macroeconomic and structural areas where the slower reformers in the group might benefit from the experience of the faster reformes.
Author : International Monetary
Publisher : International Monetary Fund
Page : 89 pages
File Size : 14,2 MB
Release : 2021-08-02
Category : Business & Economics
ISBN : 1513594044
The Kyrgyz economy is highly dependent on remittances and foreign aid and does not have access to international capital markets. Inequality is relatively low, but poverty is widespread. The COVID crisis led to a sharp recession with output contracting by 8.6 percent in 2020, public debt rising by 16.5 percent of GDP to 68 percent, and the som depreciating by 19 percent against the US$. Under the assumption that the global pandemic begins to decisively recede this year, a rebound in growth is expected in 2021–22. However, significant uncertainty surrounds the baseline outlook and the recovery could be delayed if downside risks materialize. In the medium to long term, the main challenge is to create jobs for about 65,000 new jobseekers annually and to reduce labor out-migration. This will require deep structural reforms to transform the economy from a reliance on remittances to more diversified and private sector-led growth that is underpinned by higher investment and exports.
Author : Mohinder S. Mudahar
Publisher : World Bank Publications
Page : 154 pages
File Size : 49,49 MB
Release : 1998-01-01
Category : Business & Economics
ISBN : 9780821343265
Accelerating agricultural growth and alleviating rural poverty are clearly the main development challenges facing the policymakers in the Kyrgyz Republic. This report examines the current state of Kyrgyz agriculture and the status of agricultural policy reform program during its transition to a market economy. It outlines a rural development strategy that, if properly implemented, is designed to promote agricultural growth, alleviate rural poverty, and improve natural resource management. The strategy includes: deepening policy reforms; increasing public investment; promoting institutional development; and strengthening the information base.
Author : International Monetary Fund. Middle East and Central Asia Dept.
Publisher : International Monetary Fund
Page : 102 pages
File Size : 44,92 MB
Release : 2013-12-27
Category : Business & Economics
ISBN : 1484330552
This paper focuses on the Kyrgyz Republic’s Fifth Review Under the Three-Year Arrangement Under the Extended Credit Facility, and Request for Modification of Performance Criteria. Growth was strong over the first nine months of 2013, and inflation has declined steadily. Intensive public investment programs and the decline in gold prices are putting temporary pressures on the current account. The medium-term outlook is broadly favorable, despite the slowdown in the region. System-wide financial stability indicators have been broadly sound. The IMF staff recommends completion of the fifth review and approval of the request for modification of the performance criteria for end-December 2013.
Author : Takashi Yamano
Publisher : Asian Development Bank
Page : 266 pages
File Size : 36,14 MB
Release : 2019-09-01
Category : Political Science
ISBN : 9292617370
The Kyrgyz Republic has overcome some complex challenges to now have one of the most open economies in Central Asia. The country has improved its per capita income and living standards and is on the threshold of becoming a lower-middle-income economy. Looking ahead, the main challenge for the Kyrgyz Republic is to build on these successes to stimulate stronger, more broad-based economic growth. This book identifies the economic and governance reforms needed within key sectors to drive this growth. It provides policy suggestions to enhance the country’s trade, agriculture, tourism, finance, information and communications technology, energy, transport and logistics, and human capital.
Author : République Tchèque. Ministerstvo zahraničních věcí
Publisher : Ministerstvo zahraničních věcí České republiky
Page : 402 pages
File Size : 48,79 MB
Release : 2009-01-01
Category :
ISBN : 8086345734
