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Debt Accumulation in the CIS-7 Countries

Debt Accumulation in the CIS-7 Countries »

Source: Debt Accumulation in the CIS-7 Countries : Bad Luck, Bad Policies, or Bad Advice?

Volume/Issue: 2004/93

Series: IMF Working Papers

Author(s): Ashoka Mody , Ratna Sahay , and Thomas Helbling

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2004

ISBN: 9781451851687

Keywords: growth, structural reforms, external debt, current account, deficits, debt burden, International Lending and Debt Problems, Economic Growth of Open Economies, Kyrgyzstan, Moldova

Following the breakup of the Soviet Union in 1992, several low-income countries in the Commonwealth of Independent States (CIS) accumulated substantial external debt in a short time span, about half of which is owe...

2 Debt Accumulation in the CIS-7 Countries: Bad Luck, Bad Policies, or Bad Advice?

2 Debt Accumulation in the CIS-7 Countries: Bad Luck, Bad Policies, or Bad Advice? »

Source: The Low-Income Countries of the Commonwealth of Independent States : Progress and Challenges in Transition

Series: Seminar Volumes

Author(s): Sarosh Sattar , and Clinton Shiells

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 April 2004

ISBN: 9781589063211

Keywords: debt, external debt, expenditures, current account, transition economies

Introduction With the exception of Azerbaijan, which is a net energy exporter, the other low-income CIS countries—Armenia, Georgia, the Kyrgyz Republic, Moldova, Tajikistan, and Uzbe...

9 Economic Development and Private Sector Growth in the CIS-7 Countries: Challenges and Policy Implications

9 Economic Development and Private Sector Growth in the CIS-7 Countries: Challenges and Policy Implications »

Source: The Low-Income Countries of the Commonwealth of Independent States : Progress and Challenges in Transition

Series: Seminar Volumes

Author(s): Sarosh Sattar , and Clinton Shiells

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 April 2004

ISBN: 9781589063211

Keywords: debt, external debt, expenditures, current account, transition economies

Despite widespread donor assistance and substantial amounts of aid, growth rates in the low-income CIS-7 countries have been much lower than anticipated. According to the official s...

7 Growth and Rural Poverty in the CIS-7 Countries: Case Studies of Georgia, the Kyrgyz Republic, and Moldova

7 Growth and Rural Poverty in the CIS-7 Countries: Case Studies of Georgia, the Kyrgyz Republic, and Moldova »

Source: The Low-Income Countries of the Commonwealth of Independent States : Progress and Challenges in Transition

Series: Seminar Volumes

Author(s): Sarosh Sattar , and Clinton Shiells

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 April 2004

ISBN: 9781589063211

Keywords: debt, external debt, expenditures, current account, transition economies

Rural poverty is a major problem in the CIS-7 countries, exceeding urban poverty in four of the seven countries. The high rates of rural poverty are partially a historical phenomeno...

IMF Approves In Principle Three-Year, US$93 Million PRGF Arrangement for the Kyrgyz Republic

IMF Approves In Principle Three-Year, US$93 Million PRGF Arrangement for the Kyrgyz Republic »

Source: Kyrgyz Republic : Staff Report for the 2001 Article IV Consultation and Request for Three-Year Arrangement Under the Poverty Reduction and Growth Facility

Volume/Issue: 2001/223

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 December 2001

ISBN: 9781451821338

Keywords: debt, budget, deficit, external debt, debt service

Executive Directors commend the government for their achievements in macroeconomic stabilization. Continuing growth, low inflation, and stability in the foreign exchange market provide a solid foundation for the ne...

IMF Completes Fifth Review of the Kyrgyz Republic’s Three-Year PRGF Arrangement and Approves US$14 Million Disbursement

IMF Completes Fifth Review of the Kyrgyz Republic’s Three-Year PRGF Arrangement and Approves US$14 Million Disbursement »

Source: Kyrgyz Republic : Fifth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility

Volume/Issue: 2004/198

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 July 2004

ISBN: 9781451821406

Keywords: debt, deficit, external debt, interest, budget

The staff report for the Fifth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility on the Kyrgyz Republic focuses on economic developments and policies. The nominal exchange rate...

IMF Completes First Review of the Kyrgyz Republic Under the Three-Year Arrangement under the Poverty Reduction and Growth Facility

IMF Completes First Review of the Kyrgyz Republic Under the Three-Year Arrangement under the Poverty Reduction and Growth Facility »

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

Volume/Issue: 2002/150

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 July 2002

ISBN: 9781451821383

Keywords: debt, interest, deficit, external debt, budget

This paper evaluates the Kyrgyz Republic's First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF). All quantitative performance criteria have been observed, and the pro...

IMF Completes First Review Under Exogenous Shock Facility with the Kyrgyz Republic and Approves US$25.5 Million Disbursement

IMF Completes First Review Under Exogenous Shock Facility with the Kyrgyz Republic and Approves US$25.5 Million Disbursement »

Source: Kyrgyz Republic : 2009 Article IV Consultation and First Review Under the 18-Month Arrangement Under the Exogenous Shocks Facility: Staff Report; Staff Supplement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Kyrgyz Republic.

Volume/Issue: 2009/209

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 July 2009

ISBN: 9781451821604

Keywords: debt, budget, interest, external debt, deficit

This 2009 Article IV Consultation highlights that the global crisis is hurting the Kyrgyz economy mainly through trade and remittance channels. Russia and Kazakhstan remain key trading partners and the main source...

IMF Completes Fourth Review of the Kyrgyz Republic’s Three-Year PRGF Arrangement and Approves Request for Waiver of Performance Criterion

IMF Completes Fourth Review of the Kyrgyz Republic’s Three-Year PRGF Arrangement and Approves Request for Waiver of Performance Criterion »

Source: Kyrgyz Republic : Fourth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of Nonobservance of Performance Criterion

Volume/Issue: 2004/16

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 January 2004

ISBN: 9781451821369

Keywords: debt, deficit, external debt, interest, budget

The Kyrgyz Republic has made good progress under the Poverty Reduction Growth Facility (PRGF)-supported economic program. Executive Directors commended the sound policies, low inflation, and poverty reduction. They...

IMF Completes Fourth Review Under an ECF Arrangement with the Kyrgyz Republic, Approves US$14.4 Million Disbursement, and Completes Article IV Consultation

IMF Completes Fourth Review Under an ECF Arrangement with the Kyrgyz Republic, Approves US$14.4 Million Disbursement, and Completes Article IV Consultation »

Source: Kyrgyz Republic : 2013 Article IV Consultation and Fourth Review Under the Three-Year Arrangement Under the Extended Credit Facility, Request for Waiver of Nonobservance of a Performance Criterion, and Request for Modification of Performance Criteria-Staff Report; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Kyrgyz Republic

Volume/Issue: 2013/175

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Middle East and Central Asia Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 June 2013

ISBN: 9781475536386

Keywords: current account, external debt, public debt, current account deficit, central bank

The shift to a parliamentary democracy in 2010 provided an impetus for the Kyrgyz Republic to reform the economy. Despite the recent progress, the Kyrgyz Republic faces significant economic challenges, which will r...