Kyrgyz Republic: Sixth Review Under the Three-Year Arrangement Under the Extended Credit Facility; Staff Report; and Press Release
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.
Year of publication: |
2014-07-11
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Institutions: | International Monetary Fund (IMF) ; International Monetary Fund |
Subject: | Extended Credit Facility | Economic growth | Fiscal policy | Fiscal consolidation | Fiscal reforms | Monetary policy | Economic indicators | Staff Reports | Letters of Intent | Press releases | Kyrgyz Republic |
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