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...

Intro -- CONTENTS -- Cover -- Title -- Abstract -- Acknowledgments -- Abbreviations and Acronyms -- I. Executive Summary -- II. Peru's Fiscal Challenges and Vulnerabilities -- III. Reorienting the Budget Toward Pro-Poor Expenditure -- IV. Improving the Efficiency of Public Expenditure -- V....