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

Author: International Monetary Fund

Volume/Issue: Volume 2005 Issue 032

Publication date: February 2005

ISBN: 9781451821475

$20.00

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Exports and Imports , Public Finance , ISCR , CR , current account , U , S , dollar , fiscal policy , exchange rate , central bank , state government , balance of payments , Exports , Export performance , Public investment spending , Public investment and public-private partnerships (PPP) , Baltics

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Nepal

Grenada

Republic of Congo : 2001 Article IV

Summary

This Ex Post Assessment of Longer-Term Program Engagement for the Kyrgyz Republic explains macroeconomic and structural performance. External debt service claimed a steadily increasing share of fiscal revenues, but 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.