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Middle East and Central Asia > Kyrgyz Republic

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Cover Policy Papers
Safeguards Assessments - 2014 Update
International Monetary Fund
The safeguards policy aims to mitigate the potential risks of misuse of resources, including Fund resources, and misreporting of program monetary data. The policy, introduced in 2000, is an integral part of the Fund’s financing policies and complements other safeguards, such as program design, conditionality, and access limits. Safeguards assessments of central banks of the borrowing member are required for almost all forms of Fund financing, and are followed by a period of monitoring for as long as Fund credit is outstanding.
Keywords:
PP; central bank; assessment; financial statement; oversight mechanism; financing; self-assessment tool; peer central bank; central bank official; audit issue; audit committee oversight; External audit; Auditing; Monetary statistics; Central bank auditing; Internal audit; Middle East and Central Asia
Cover Policy Papers
Report on Fiscal Safeguards Pilots
International Monetary Fund
This paper reports on the results of a pilot exercise on fiscal safeguards conducted by the Fiscal Affairs Department (FAD) during FY2013. The exercise was launched following an independent review of the existing safeguards policy in 2010 in which many Directors encouraged staff to highlight fiscal safeguards risks in cases where a substantial portion of the resources provided by the Fund for balance of payments support is channeled to state treasuries for budget purposes. Pilot fiscal safeguards exercises were conducted for five countries: Antigua and Barbuda, Cyprus, Greece, Ireland, and Kyrgyz Republic.
Keywords:
PP; treasury; State treasury; funding; government; country; FAD PFM TA mission; audit institution; banking arrangement; PEFA assessment; fund staff; government bank accounts; TA engagement; Fiscal risks; Budget planning and preparation; Fiscal accounting and reporting; Auditing
Cover International Monetary Fund Annual Report 2009
International Monetary Fund Annual Report 2009
Fighting the Global Crisis
International Monetary Fund

Abstract

The IMF's 2009 Annual Report chronicles the response of the Fund's Executive Board and staff to the global financial crisis and other events during financial year 2009, which covers the period from May 1, 2008, through April 30, 2009. The print version of the Report is available in eight languages (Arabic, Chinese, English, French, German, Japanese, Russian, and Spanish), along with a CD-ROM (available in English only) that includes the Report text and ancillary materials, including the Fund's Financial Statements for FY2009.

Keywords:
AR; AREA; Fund; country; The Fund; lending; financial crisis; CIS economy; IMF activity; CIS export market; prices of commodity export; IMF headquarters; Budget planning and preparation; Human capital; Poverty reduction strategy; Financial Sector Assessment Program; Global; Africa; Europe
Cover Tax Reform in the Baltics, Russia, and Other Countries of the Former Soviet Union
Tax Reform in the Baltics, Russia, and Other Countries of the Former Soviet Union
Mr. Liam P. Ebrill

Abstract

This paper provides an overview of the recent revenue performance in the Baltics, Russia, and other countries of the former Soviet Union, and a survey of these countries efforts to modify tax policy in line with the needs of increasingly market-oriented economies and to increase the effectiveness of tax administration. It focuses principally on the 12 countries of the CIS, but refers also to the Baltic countries, and addresses the period from 1995 to mid-1998, prior to the August 1998 financial crisis in Russia.

Keywords:
OP; country; revenue action plans; government; cash revenue; GDP ratio; CIS country; revenue performance; Tax administration core functions; Tax collection; Tax law; Payroll tax; Baltics