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Middle East and Central Asia > Kyrgyz Republic

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Cover IMF Staff Country Reports
Kyrgyz Republic: 2023 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Kyrgyz Republic
International Monetary Fund. Middle East and Central Asia Dept.
The 2023 Article IV Consultation highlights that the Kyrgyz economy grew strongly in 2023, led by construction and trade, despite the challenging regional environment. Tax revenue mobilization improved, and public debt declined. Headline inflation fell from 14.7 percent in December 2022 to 7.3 percent in December 2023, supported by a marked reduction in food and fuel inflation, but demand pressures have kept core inflation elevated. The official current account deficit has remained significant due to the decline in net remittance inflows, lower gold exports, and unrecorded re-exports. Output is expected to grow at its potential rate of 4 percent in the medium term, inflation decline to mid-single digits, and public debt remain contained. Current favorable macroeconomic conditions present a window of opportunity to strengthen the policy framework and raise growth prospects through structural reforms. The priorities are strengthening governance, including management and privatization of state-owned enterprises, enhancing competition, reforming the electricity sector, and strengthening social safety nets.
Keywords:
staff appraisal; Kyrgyz authorities; policy recommendation; January monetary policy meeting; headline inflation; Debt sustainability analysis; Government finance statistics; Global
Cover IMF Staff Country Reports
Kyrgyz Republic: Report on the Observance of Standards and Codes (ROSC)—Data Module
International Monetary Fund
This Report on the Observance of Standards and Codes (ROSC) provides an assessment of data dissemination practices against the IMF’s General Data Dissemination System (GDDS). It also assesses the data dissemination practices against the IMF’s Special Data Dissemination Standard (SDDS) requirements, focusing on coverage, periodicity, and timeliness. It also provides an assessment of the quality of the national accounts, consumer price index, producer price index, government finance, monetary, and balance-of-payments statistics.
Keywords:
ISCR; CR; government; source data; break; balance of payments; financing government budget expenditure; collection coverage; government finance statistics; NSC publication; authorities of the Kyrgyz Republic; NSC website; producer price index; Balance of payments statistics; Monetary statistics; Government finance statistics; Central Asia
Cover IMF Staff Country Reports
Republic of Kazakhstan: Report on the Observance of Standards and Codes (ROSC)—Data Module
International Monetary Fund
This Report on the Observance of Standards and Codes (ROSC) data module provides a review of Kazakhstan’s data dissemination practices against the IMF’s General Data Dissemination System. The quality of Kazakhstan’s macroeconomic statistics has improved significantly in the last few years. The authorities have established a good track record of implementing recommendations of past technical assistance missions in the area of statistics, and have demonstrated commitment to pursue plans and programs to further improve their statistics.
Keywords:
ISCR; CR; government; Kazakhstan; consumer price index; balance of payments; government statistics; government access; NBK website; government of the Republic of Kazakhstan; government operation; Balance of payments statistics; Monetary statistics; Consumer price indexes; Data collection; Baltics
Cover IMF Staff Country Reports
Mongolia: Selected Issues and Statistical Appendix
International Monetary Fund
This Selected Issues paper and Statistical Appendix analyzes growth and recovery in Mongolia during transition. The paper describes the major sources of economic growth in Mongolia since the early 1980s in the context of a basic growth accounting framework. It discusses Mongolia’s post-transition growth performance relative to other transition countries. This paper also summarizes the main weaknesses of the existing national accounts statistics and reviews the recent developments and prospects for the main components of GDP.
Keywords:
ISCR; CR; authority; firm; Mongolia; tertiary sector; GDP deflator; gas distribution company; physical capital; enterprise performance; low income; animal loss; transition economy; output recovery; cashmere company; beverage company; market economy; Privatization; Energy sector; Agricultural sector; Total factor productivity; Central and Eastern Europe