Kyrgyz Republic - Ex Post Assessment of Longer-Term Program Engagement

Author: International Monetary Fund

This report reviews the Kyrgyz Republic’s economic performance under Fund-supported programs from early 2005 to mid-2010.

Volume/Issue: Volume 2011 Issue 071

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Banks and Banking , Exports and Imports , Money and Monetary Policy , Public Finance , Industries - Energy , PP , Kyrgyzstan , Kyrgyz authorities , government , ESF , Kyrgyz economy , Kyrgyz republic , financial crisis , broad money , growth performance , Kyrgyz growth , exchange rate , monetary policy , government operation , Kyrgyz Republic-corruption perception ndex , Energy sector , Financial sector , Global

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Summary

This report reviews the Kyrgyz Republic’s economic performance under Fund-supported programs from early 2005 to mid-2010. Two Fund-supported programs are assessed: the March 2005 Poverty Reduction and Growth Facility (PRGF, which expired in May 2008), and the December 2008 Exogenous Shock Facility (ESF, which expired in June 2010). Earlier Fund-supported programs were discussed in the Kyrgyz Republic’s first Ex Post Assessment (EPA), which was completed in November 2004. The assessment does not cover performance under the Rapid Credit Facility (RCF), which was approved by the Executive Board on September 15, 2010.