The Kyrgyz Republic : Fifth Review Under the Three-Year Arrangement Under the Extended Credit Facility, and Request for Modification of Performance Criteria.

Format:

Book

Government document

Author/Creator:

International Monetary Fund. Middle East and Central Asia Department.

Series:

IMF Staff Country Reports; Country Report ; No. 2013/376

IMF Staff Country Reports

Language:

English

Subjects (All):

Economic development--Kyrgyzstan.

Economic development.

Fiscal policy--Kyrgyzstan.

Fiscal policy.

Monetary policy--Kyrgyzstan.

Monetary policy.

Financial institutions--Kyrgyzstan.

Financial institutions.

Economic indicators--Kyrgyzstan.

Economic indicators.

Physical Description:

1 online resource (103 p.)

Edition:

1st ed.

Place of Publication:

Washington, D.C. : International Monetary Fund, 2013.

Language Note:

English

Summary:

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.

Contents:

Cover; CONTENTS; RECENT DEVELOPMENTS; A. Context; B. Recent Developments; FIGURE; 1. Recent Economic Developments 2010-13; C. Program Implementation; D. Medium-Term Outlook and Risks; BOXES; 1. Spillovers from Russia; 2. Infrastructure Projects Over 2013-17; POLICY DISCUSSION; A. Fiscal Policy; B. Monetary Policy; C. Financial Sector Policies; 3. 2013 FSAP Update Recommendations; D. Structural Policies; PROGRAM AND OTHER ISSUES; STAFF APPRAISAL; TABLES; 1. Selected Social and Economic Indicators, 2011-18; 2. Balance of Payments, 2011-18; 3. NBKR Accounts, 2011-14; 4. Monetary Survey, 2011-14

5. General Government Finances, 2011-15 (in millions of soms)6. General Government Finances, 2011-15 (in percent of GDP); 7. State Government Finances, 2011-15 (in millions of soms); 8. State Government Finances, 2011-15 (in percent of GDP); 9. Social Fund Operations, 2011-15; 10. General Government Operations, GFSM 2001 Presentation, 2011-15; 11. Proposed Reviews and Disbursements Under the Three-Year Extended Credit Facility Arrangement; 12. Indicators of Capacity to Repay the Fund, 2013-18

13. Quantitative Performance Criteria and Indicative Targets Under the Extended Credit Facility, June 2012-June 201314. Structural Benchmarks under the Extended Credit Facility for 2013-14; ANNEX; I. Debt Sustainability Analysis Update; APPENDIX; I. Letter of Intent; Attachment I. Revised Technical Memorandum of Understanding; CONTENTS; RELATIONS WITH THE FUND; RELATIONS WITH THE WORLD BANK GROUP; RELATIONS WITH THE ASIAN DEVELOPMENT BANK (ADB); RELATIONS WITH THE EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT (EBRD); TECHNICAL ASSISTANCE PROVIDED BY THE FUND; STATISTICAL ISSUES

Notes:

Description based upon print version of record.

Description based on online resource; title from PDF title page (ebrary, viewed March 7, 2014).

ISBN:

9781475552812

1475552815

9781484330555

1484330552

9781484330692

1484330692

OCLC:

871225477