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. This report is aimed at assisting authorities...

The study reviews the macroeconomic developments in the Kyrgyz Republic following the collapse of the Soviet Union, when adjustments were required since output fell by fifty percent between 1991-95, resulting in adverse fiscal consequences, which triggered losses in tax revenues, along with the...

Production and export diversification expose firms to domestic and international competition, which enhances productivity and ultimately drives a country's structural transformation from agriculture to industry to services. This structural transformation is accompanied by a spatial...

Poverty reduction is an important goal for governments of many developing countries. This goal is synonymous with economic development and achieving a higher quality of life for all population groups. Thus, monitoring the dynamics of poverty and inequality is implicit in the monitoring of...

This report provides an assessment of accounting, financial reporting, and auditing requirements and practices within the enterprise and financial sectors in the Kyrgyz Republic. The report uses International Financial Reporting Standards (IFRS) and International Standards on Auditing (ISA) as...

The Government of the Kyrgyz Republic (GOK), the World Bank, and international and bilateral partners agreed on the need for a fiduciary assessment of the education sector. The assessment is being carried out in two stages. In the first stage, fiduciary conditions in the education sector were...

Continuing a long Kyrgyz tradition, the livestock sector is one of the strongest components of the rural economy. The sector contributes substantially to the national economy by providing high value food, income, employment and foreign exchange. There are also significant indirect benefits which...