Kyrgyz Republic: Request for a Three-Year Arrangement Under the Extended Credit Facility

May 14, 2015

Preview Citation

Format: Chicago

Kyrgyz Republic: Request for a Three-Year Arrangement Under the Extended Credit Facility, (USA: International Monetary Fund, 2015) accessed November 26, 2024

Also available in: русский

Summary

This paper discusses the Kyrgyz Republic’s Request for a Three-year Arrangement Under the Extended Credit Facility (ECF). Performance under the previous ECF arrangement, which expired last July, was good. Macroeconomic stability was restored, fiscal consolidation was stronger than planned, monetary policy was enhanced through a new interest rate-based framework, and supervision was strengthened in the financial sector. Although performance under the last ECF arrangement was good, new challenges have emerged, and some key reforms have yet to be implemented. The IMF staff supports the authorities’ request for a three-year arrangement under the ECF.

Subject: Anti-money laundering and combating the financing of terrorism (AML/CFT), Banking, Credit, Crime, External debt, Financial services, Foreign exchange, Money, Public debt

Keywords: Anti-money laundering and combating the financing of terrorism (AML/CFT), Central Asia, CR, Credit, Debt management strategy, Development fund, ECF arrangement, Europe, Extended Credit Facility arrangement, Government, ISCR, Kyrgyz authorities, Kyrgyz government, Kyrgyzstan

Publication Details

Pages:

119
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2015/113
Stock No:

1KGZEA2015001
ISBN:

9781484363492
ISSN:

1934-7685

Notes

Also available in Russian

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