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Kyrgyz Republic: Third Review Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criteria

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  • International Monetary Fund

Abstract

The Kyrgyz Republic has made good progress under the three-year Poverty Reduction Growth Facility arrangement. Executive Directors welcomed the strong macroeconomic performance and low inflation. They appreciated the fiscal consolidation by containing expenditure growth and improving tax collection. They welcomed the prudent monetary and strong exchange rate policies. They stressed the need to press ahead with privatization, restructure the power sector, and strengthen the financial system. They commended the successful completion of the third review under the Poverty Reduction and Growth Facility (PRGF) arrangement, and approved a waiver.

Suggested Citation

  • International Monetary Fund, 2003. "Kyrgyz Republic: Third Review Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criteria," IMF Staff Country Reports 2003/216, International Monetary Fund.
  • Handle: RePEc:imf:imfscr:2003/216
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    Cited by:

    1. Daoud, Adel & Reinsberg, Bernhard & Kentikelenis, Alexander E. & Stubbs, Thomas H. & King, Lawrence P., 2019. "The International Monetary Fund’s interventions in food and agriculture: An analysis of loans and conditions," Food Policy, Elsevier, vol. 83(C), pages 204-218.
    2. Miss Mali Chivakul & Mr. Robert C York, 2006. "Implications of Quasi-Fiscal Activities in Ghana," IMF Working Papers 2006/024, International Monetary Fund.

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