Kyrgyz Republic : First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility.

This paper discusses the Kyrgyz Republic's First Review Under the Poverty Reduction and Growth Facility. The current account deficit remained broadly unchanged because of a significant increase in workers' remittances, mainly from Russia and Kazakhstan. Large negative errors and omissions...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2005.
Series:IMF Staff Country Reports; Country Report ; No. 2005/402
Online Access:Full text available on IMF
Description
Summary:This paper discusses the Kyrgyz Republic's First Review Under the Poverty Reduction and Growth Facility. The current account deficit remained broadly unchanged because of a significant increase in workers' remittances, mainly from Russia and Kazakhstan. Large negative errors and omissions in the balance of payments suggest that the spring political events led to some capital flight. Structural reforms will continue to focus on developing the financial sector, addressing energy sector imbalances, and increasing labor market flexibility.
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Physical Description:1 online resource (93 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students