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Kyrgyz Republic: Fourth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Modification of Quantitative Performance Criteria: Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Kyrgyz Republic

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  • International Monetary Fund

Abstract

The paper discusses key findings of the Fourth Review Under the Poverty Reduction and Growth Facility (PRGF) for the Kyrgyz Republic. Output is rebounding and inflation remains subdued. However, most end-December 2006 and end-March 2007 structural benchmarks have been missed, partly because of political tensions that slowed the legislature. The 2007 program, which targets 6½ percent output growth and 5 percent inflation, caps the fiscal deficit at 3.1 percent of GDP and maintains a prudent monetary policy. The government plans to implement delayed structural measures under the program, and strengthen external debt management.

Suggested Citation

  • International Monetary Fund, 2007. "Kyrgyz Republic: Fourth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Modification of Quantitative Performance Criteria: Staff Report; Staff S," IMF Staff Country Reports 2007/195, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2007/195
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    Cited by:

    1. Andrés-Domenech, Pablo & Saint-Pierre, Patrick & Smala Fanokoa, Pascaux & Zaccour, Georges, 2014. "Sustainability of the Dry Forest in Androy: A Viability Analysis," Ecological Economics, Elsevier, vol. 104(C), pages 33-49.
    2. World Bank, 2008. "Beyond Wage Bill Ceilings : The Impact of Government Fiscal and Human Resource Management Policies on the Health Workforce in Developing Countries, Background Country Study for Rwanda," World Bank Publications - Reports 13063, The World Bank Group.

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