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Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451821298
Category : Business & Economics
Languages : en
Pages : 88
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Book Description
This paper describes economic developments in the Kyrgyz Republic during the 1990s. The cash fiscal deficit increased from 7.7 percent of GDP in 1994 to 12.5 percent of GDP in 1995. The authorities encountered difficulties in raising revenues early in the year, but with the implementation of measures to strengthen tax collection, taxes were maintained at about 13.5 percent of GDP for the year as a whole. However, total budget revenues fell from 21 percent of GDP in 1994 to 16 percent of GDP in 1995, reflecting a sharp decline in central bank profit transfers and food grants.
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451821298
Category : Business & Economics
Languages : en
Pages : 88
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Book Description
This paper describes economic developments in the Kyrgyz Republic during the 1990s. The cash fiscal deficit increased from 7.7 percent of GDP in 1994 to 12.5 percent of GDP in 1995. The authorities encountered difficulties in raising revenues early in the year, but with the implementation of measures to strengthen tax collection, taxes were maintained at about 13.5 percent of GDP for the year as a whole. However, total budget revenues fell from 21 percent of GDP in 1994 to 16 percent of GDP in 1995, reflecting a sharp decline in central bank profit transfers and food grants.
Author: International Monetary Fund Staff
Publisher:
ISBN: 9780119855128
Category :
Languages : en
Pages : 130
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Book Description
Kyrgyz Republic
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451821565
Category : Business & Economics
Languages : en
Pages : 77
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Book Description
The staff report for the Fifth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility on the Kyrgyz Republic highlights recent economic developments and performance. The current account deficit continued to widen on account of higher imports driven by strong demand, but was more than financed by private capital inflows. Policy discussions focused on the challenges posed by the sharp uptick in inflation in the context of exogenous shocks and global financial turbulence. Continued fiscal restraint is important both for reducing inflation and for enhancing debt sustainability.
Author: Takashi Yamano
Publisher: Asian Development Bank
ISBN: 9292617370
Category : Political Science
Languages : en
Pages : 266
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Book Description
The Kyrgyz Republic has overcome some complex challenges to now have one of the most open economies in Central Asia. The country has improved its per capita income and living standards and is on the threshold of becoming a lower-middle-income economy. Looking ahead, the main challenge for the Kyrgyz Republic is to build on these successes to stimulate stronger, more broad-based economic growth. This book identifies the economic and governance reforms needed within key sectors to drive this growth. It provides policy suggestions to enhance the country’s trade, agriculture, tourism, finance, information and communications technology, energy, transport and logistics, and human capital.
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451821492
Category : Business & Economics
Languages : en
Pages : 107
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Book Description
The staff report for the Sixth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility on the Kyrgyz Republic highlights the economic developments and policies. To ensure that the external debt ratios fall, the program introduces a new indicative target for concessional public borrowing. Low inflation and strong productivity growth to contain unit labor costs are crucial to set up favorable conditions for nongold exports. The key to boost productivity is higher private investment, and the program focuses on improving the investment climate.
Author: Weltbank
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
The Kyrgyz Republic's three party coalition has tackled a number of events during 2013, including mayoral elections in the country's biggest cities Bishkek and Osh road blockages around Kumtor, the country's largest gold mine; as well as tense negotiations on the future of the mine; and clashes in the south of the country. The government has navigated through these difficult times, quashing a motion of no confidence in parliament. An agreement between the Kyrgyz Republic and Centerra Inc. the majority stakeholder in Kumtor was accepted by parliament in early 2014. A surge in gold output and solid growth in the non-gold sectors contributed to an impressive 10.5 percent expansion of the Kyrgyz economy in 2013. Smaller increases in food prices than in recent years, and relatively stable energy prices helped bring inflation down. Expenditure controls and robust revenue outturns have brought the fiscal deficit down to 3.5 percent of gross domestic product (GDP). Preliminary estimates suggest the trade deficit and current account deficit remained high in 2013. Medium term growth is expected to moderate to 5 percent, however, a number of risks remain. The exceptional performance of gold output in 2013 is unlikely to be repeated in 2014. The rest of the economy is expected to continue expanding at 5 to 6 percent. A slowdown in the Russian economy, declining gold prices, and uncertainty created by the recent fluctuations in the exchange rate can adversely affect this outcome. This report presents recent political developments; recent economic developments; and economic and structural policies.
Author:
Publisher:
ISBN:
Category : Economic forecasting
Languages : en
Pages : 42
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Author:
Publisher: DIANE Publishing
ISBN: 1437941400
Category :
Languages : en
Pages : 15
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Book Description
This report examines faltering reforms and other challenges to Kyrgyzstan's independence that have raised U.S. concerns. It discusses U.S. policy and assistance for democratization and other programs. Basic facts and biographical information are provided. This report may be updated. Related products include CRS Issue Brief I93108, Central Asia's New States, updated regularly.
Author: Temirbek Seĭtkaziyevich Bobushev
Publisher:
ISBN:
Category : Kyrgyzstan
Languages : en
Pages : 174
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Book Description
