Kyrgyz Republic: Recent Economic Developments

May 5, 1999

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Kyrgyz Republic: Recent Economic Developments, (USA: International Monetary Fund, 1999) accessed November 29, 2024

Summary

This paper reviews economic developments in the Kyrgyz Republic during 1995–99. After having contracted by about 50 percent between 1992 and 1995, real GDP recovered strongly in 1996, with a growth rate of more than 7 percent. The main source behind this increase was a strong growth of the agricultural sector, which continued the following year, and, combined with the startup of the Kumtor gold mine, led to a real GDP growth rate of almost 10 percent in 1997. During 1998, growth slowed down to about 2 percent.

Subject: Banking, Commercial banks, Expenditure, Exports, External debt, Imports, International trade, Revenue administration

Keywords: Baltics, CR, Exchange rate, Exports, Imports, Interbank market, ISCR, Kyrgyz authorities, Private sector, U.S. dollar

Publication Details

Pages:

131
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1999/031
Stock No:

1KGZEA0011999
ISBN:

9781451821314
ISSN:

1934-7685

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