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Kyrgyz Republic :, Request for an 18-Month Arrangement Under the Exogenous Shocks Facility-Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Kyrgyz Republic

The Kyrgyz Republic’s request for an 18-month Arrangement under the Exogenous Shocks Facility is discussed. International commodity prices continued to rise through much of 2008, resulting in a surge in inflation to more than 30 percent by mid-year and a widening of the current account deficit. A major shortfall in domestic hydropower capacity owing to low water levels is causing power shortages and necessitates the import of larger volumes of fuel and electricity, increasing the current account deficit further
Table Of Contents
Cover; Contents; Executive Summary; I. Key Challenges; II. The Authorities' Policy Response; A. Macroeconomic Framework; B. Reducing Inflation, Sustaining Growth, and Protecting the Poor; C. Strengthening Public Financial Management; D. Strengthening the Financial Sector; E. Improving the Business Environment; III. Risks to the Program; IV. Program Access, Monitoring, and Capacity to Repay the Fund; V. Staff Appraisal; Tables; 1. Selected Economic Indicators, 2005-10; 2. Balance of Payments, 2005-13; 3. NBKR Accounts, 2006-09; 4. Monetary Survey, 2006-09
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (99 p.)
Specific Material Designation
Form Of Item

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