Kyrgyz Republic Recent Economic Developments
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Kyrgyz Republic
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 1996-09-18
Kyrgyz Republic written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996-09-18 with Business & Economics categories.
This paper describes economic developments in the Kyrgyz Republic during the 1990s. The cash fiscal deficit increased from 7.7 percent of GDP in 1994 to 12.5 percent of GDP in 1995. The authorities encountered difficulties in raising revenues early in the year, but with the implementation of measures to strengthen tax collection, taxes were maintained at about 13.5 percent of GDP for the year as a whole. However, total budget revenues fell from 21 percent of GDP in 1994 to 16 percent of GDP in 1995, reflecting a sharp decline in central bank profit transfers and food grants.
Kyrgyz Republic
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Author : International Monetary Fund Staff
language : en
Publisher:
Release Date : 1999
Kyrgyz Republic written by International Monetary Fund Staff and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with categories.
Kyrgyz Republic
Kyrgyz Republic
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Author :
language : en
Publisher:
Release Date : 1995
Kyrgyz Republic written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with categories.
Kyrgyz Republic
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2007-11-28
Kyrgyz Republic written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-11-28 with Business & Economics categories.
The staff report for the Fifth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility on the Kyrgyz Republic highlights recent economic developments and performance. The current account deficit continued to widen on account of higher imports driven by strong demand, but was more than financed by private capital inflows. Policy discussions focused on the challenges posed by the sharp uptick in inflation in the context of exogenous shocks and global financial turbulence. Continued fiscal restraint is important both for reducing inflation and for enhancing debt sustainability.
Kyrgyz Republic
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Author : Weltbank
language : en
Publisher:
Release Date : 2014
Kyrgyz Republic written by Weltbank and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with categories.
The Kyrgyz Republic's three party coalition has tackled a number of events during 2013, including mayoral elections in the country's biggest cities Bishkek and Osh road blockages around Kumtor, the country's largest gold mine; as well as tense negotiations on the future of the mine; and clashes in the south of the country. The government has navigated through these difficult times, quashing a motion of no confidence in parliament. An agreement between the Kyrgyz Republic and Centerra Inc. the majority stakeholder in Kumtor was accepted by parliament in early 2014. A surge in gold output and solid growth in the non-gold sectors contributed to an impressive 10.5 percent expansion of the Kyrgyz economy in 2013. Smaller increases in food prices than in recent years, and relatively stable energy prices helped bring inflation down. Expenditure controls and robust revenue outturns have brought the fiscal deficit down to 3.5 percent of gross domestic product (GDP). Preliminary estimates suggest the trade deficit and current account deficit remained high in 2013. Medium term growth is expected to moderate to 5 percent, however, a number of risks remain. The exceptional performance of gold output in 2013 is unlikely to be repeated in 2014. The rest of the economy is expected to continue expanding at 5 to 6 percent. A slowdown in the Russian economy, declining gold prices, and uncertainty created by the recent fluctuations in the exchange rate can adversely affect this outcome. This report presents recent political developments; recent economic developments; and economic and structural policies.
Kyrgyz Republic
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2005-03-29
Kyrgyz Republic written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-03-29 with Business & Economics categories.
The staff report for the Sixth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility on the Kyrgyz Republic highlights the economic developments and policies. To ensure that the external debt ratios fall, the program introduces a new indicative target for concessional public borrowing. Low inflation and strong productivity growth to contain unit labor costs are crucial to set up favorable conditions for nongold exports. The key to boost productivity is higher private investment, and the program focuses on improving the investment climate.
Kyrgyzstan Recent Developments And U S Interests
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Author :
language : en
Publisher: DIANE Publishing
Release Date : 2004
Kyrgyzstan Recent Developments And U S Interests written by and has been published by DIANE Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with categories.
This report examines faltering reforms and other challenges to Kyrgyzstan's independence that have raised U.S. concerns. It discusses U.S. policy and assistance for democratization and other programs. Basic facts and biographical information are provided. This report may be updated. Related products include CRS Issue Brief I93108, Central Asia's New States, updated regularly.
The Kyrgyz Republic
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Author : Asian Development Bank
language : en
Publisher: Asian Development Bank
Release Date : 2014-12-01
The Kyrgyz Republic written by Asian Development Bank and has been published by Asian Development Bank this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-12-01 with Business & Economics categories.
The Kyrgyz Republic, among the poorest countries in Central Asia, has also been among the most open to economic reform. The country has experienced significant political and social instability since independence in 1991. In 2010, the country adopted a new constitution and became a parliamentary democracy. The government has set up an ambitious reform program. Yet, the Kyrgyz Republic faces serious challenges ahead. This publication examines factors constraining investments and inclusive economic growth, identifies gaps between policies and their implementation, and discusses options to overcome them.
Kyrgyz Republic Improving Growth Potential
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Author : Takashi Yamano
language : en
Publisher: Asian Development Bank
Release Date : 2019-09-01
Kyrgyz Republic Improving Growth Potential written by Takashi Yamano and has been published by Asian Development Bank this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-09-01 with Political Science categories.
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.
Enhancing The Prospects For Growth And Trade Of The Kyrgyz Republic
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Author : World Bank
language : en
Publisher: World Bank Publications
Release Date : 2005
Enhancing The Prospects For Growth And Trade Of The Kyrgyz Republic written by World Bank and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Business & Economics categories.
The Kyrgyz Republic has made major strides in the past decade in its transition to a market-based economy. Its trade and investment policies are arguably the most liberal among the member countries of the Commonwealth of Independent States. Despite the generally progressive stance on structural policies and a sound record of macroeconomic management in recent years, economic growth has been modest, living standards are low, a large burden of external debt has accumulated, and integration into global production and trade remains limited. The growth agenda must address more carefully the constraints to greater supply-side response to ongoing reforms--an agenda that can facilitate a broad-based growth of economic activity and exports. Risks to sustainability of current growth rates and continued poverty reduction will otherwise remain high as will the economy's vulnerability to external shocks. This report is aimed at assisting authorities fashioning this agenda by focusing on three key challenges: - Identifying strategic options to strengthen prospects for medium- and long-term growth and poverty reduction; - Assessing ways of leveraging domestic trade policy reforms and existing regional and multilateral trade agreements for further regional and global integration; and - Identifying key areas where greater efforts are necessary to facilitate improvements in enterprise capability and productivity.