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Kyrgyz Republic :, 2011 Article IV Consultation and Request for a Three-Year Arrangement Under the Extended Credit Facility: Staff Report; Supplement; Staff Statement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Kyrgyz Republic

The Kyrgyz Republic is recovering from a deep political crisis. Agriculture, tourism, mining, and textile production will be important drivers of growth. Strong export-oriented growth and fiscal consolidation will help to reduce the current account deficit in the medium term. Executive Directors endorsed the authorities’ structural reform agenda, emphasizing that steadfast implementation is critical to the success of the economic program; developments in the banking sector have exposed shortcomings in the bank resolution framework and the central bank’s de facto lack of supervisory independence
Table Of Contents
Cover; Contents; I. Emerging from the Political Crisis; Boxes; 1. Lessons Learned from the Ex Post Assessment; II. Recent Economic Developments; Text Tables; 1. Financial Soundness Indicators, 2009-11; Figures; 1. Real Sector Developments; 2. External Sector Developments and Projections; 3. Fiscal Sector Developments and Projections; 4. Monetary and Exchange Rate Developments; 5. Financial Sector Developments; III. Policy Discussions; A. Medium-term development objectives; 2. The Customs Union; B. Addressing immediate challenges to restore macroeconomic stability
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (125 p.)
Specific Material Designation
Form Of Item

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