Economic activity in the Kyrgyz Republic has been buffeted by the political upheaval, and output growth has fallen short of expectations. The program builds on the countryas entrenched fiscal prudence and features a tightening in monetary policy, so as to secure rapid sustained growth in a low-inflation environment. Structural reforms under the program will focus on financial sector development, public financial management, further measures to reduce the energy sectoras quasifiscal losses, and improvements in the business climate. The main immediate risks to the outlook come from political pressures.While revenue and expenditure data generally accord with GFSM 1986, there are misclassifications in both ... GFS data however, are reported each year for the GFS Yearbook, with the latest data being for 2001, and only include ... Data on actual debt service, guaranteed debt service, outstanding debt and revised debt projections, are provided on a monthly basis. ... sub sectorization of nonbank institutions as recommended in the Monetary and Financial Statistics Manual ( MFSM)).
|Author||:||International Monetary Fund|
|Publisher||:||International Monetary Fund - 2006-06-23|