LEADER 07730oam 22016214 450 001 9910789008503321 005 20200520144314.0 010 $a1-4755-5281-5 010 $a1-4843-3055-2 010 $a1-4843-3069-2 035 $a(CKB)3710000000089829 035 $a(EBL)1640898 035 $a(SSID)ssj0001161862 035 $a(PQKBManifestationID)11696149 035 $a(PQKBTitleCode)TC0001161862 035 $a(PQKBWorkID)11131944 035 $a(PQKB)11699671 035 $a(MiAaPQ)EBC1640898 035 $a(Au-PeEL)EBL1640898 035 $a(CaPaEBR)ebr10840032 035 $a(CaONFJC)MIL576697 035 $a(OCoLC)871225477 035 $a(NjHacI)993710000000089829 035 $a(IMF)1KGZEE2013003 035 $a(IMF)1KGZEA2013003 035 $a(EXLCZ)993710000000089829 100 $a20020129d2013 uf 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 14$aThe Kyrgyz Republic : $eFifth Review Under the Three-Year Arrangement Under the Extended Credit Facility, and Request for Modification of Performance Criteria 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2013. 215 $a1 online resource (103 p.) 225 1 $aIMF Staff Country Reports 300 $aDescription based upon print version of record. 311 $a1-4843-3052-8 327 $aCover; CONTENTS; RECENT DEVELOPMENTS; A. Context; B. Recent Developments; FIGURE; 1. Recent Economic Developments 2010-13; C. Program Implementation; D. Medium-Term Outlook and Risks; BOXES; 1. Spillovers from Russia; 2. Infrastructure Projects Over 2013-17; POLICY DISCUSSION; A. Fiscal Policy; B. Monetary Policy; C. Financial Sector Policies; 3. 2013 FSAP Update Recommendations; D. Structural Policies; PROGRAM AND OTHER ISSUES; STAFF APPRAISAL; TABLES; 1. Selected Social and Economic Indicators, 2011-18; 2. Balance of Payments, 2011-18; 3. NBKR Accounts, 2011-14; 4. Monetary Survey, 2011-14 327 $a5. General Government Finances, 2011-15 (in millions of soms)6. General Government Finances, 2011-15 (in percent of GDP); 7. State Government Finances, 2011-15 (in millions of soms); 8. State Government Finances, 2011-15 (in percent of GDP); 9. Social Fund Operations, 2011-15; 10. General Government Operations, GFSM 2001 Presentation, 2011-15; 11. Proposed Reviews and Disbursements Under the Three-Year Extended Credit Facility Arrangement; 12. Indicators of Capacity to Repay the Fund, 2013-18 327 $a13. Quantitative Performance Criteria and Indicative Targets Under the Extended Credit Facility, June 2012-June 201314. Structural Benchmarks under the Extended Credit Facility for 2013-14; ANNEX; I. Debt Sustainability Analysis Update; APPENDIX; I. Letter of Intent; Attachment I. Revised Technical Memorandum of Understanding; CONTENTS; RELATIONS WITH THE FUND; RELATIONS WITH THE WORLD BANK GROUP; RELATIONS WITH THE ASIAN DEVELOPMENT BANK (ADB); RELATIONS WITH THE EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT (EBRD); TECHNICAL ASSISTANCE PROVIDED BY THE FUND; STATISTICAL ISSUES 330 3 $aThis paper focuses on the Kyrgyz Republic?s Fifth Review Under the Three-Year Arrangement Under the Extended Credit Facility, and Request for Modification of Performance Criteria. Growth was strong over the first nine months of 2013, and inflation has declined steadily. Intensive public investment programs and the decline in gold prices are putting temporary pressures on the current account. The medium-term outlook is broadly favorable, despite the slowdown in the region. System-wide financial stability indicators have been broadly sound. The IMF staff recommends completion of the fifth review and approval of the request for modification of the performance criteria for end-December 2013. 410 0$aIMF Staff Country Reports; Country Report ;$vNo. 2013/376 606 $aEconomic development$zKyrgyzstan 606 $aFiscal policy$zKyrgyzstan 606 $aMonetary policy$zKyrgyzstan 606 $aFinancial institutions$zKyrgyzstan 606 $aEconomic indicators$zKyrgyzstan 606 $aBanks and Banking$2imf 606 $aMoney and Monetary Policy$2imf 606 $aPublic Finance$2imf 606 $aIndustries: Financial Services$2imf 606 $aCriminology$2imf 606 $aMacroeconomics$2imf 606 $aBanks$2imf 606 $aDepository Institutions$2imf 606 $aMicro Finance Institutions$2imf 606 $aMortgages$2imf 606 $aTaxation, Subsidies, and Revenue: General$2imf 606 $aMonetary Policy, Central Banking, and the Supply of Money and Credit: General$2imf 606 $aDebt$2imf 606 $aDebt Management$2imf 606 $aSovereign Debt$2imf 606 $aNational Government Expenditures and Related Policies: Infrastructures$2imf 606 $aOther Public Investment and Capital Stock$2imf 606 $aFinancial Institutions and Services: Government Policy and Regulation$2imf 606 $aPublic finance & taxation$2imf 606 $aBanking$2imf 606 $aMonetary economics$2imf 606 $aFinance$2imf 606 $aCorporate crime$2imf 606 $awhite-collar crime$2imf 606 $aLabour$2imf 606 $aincome economics$2imf 606 $aMonetary base$2imf 606 $aRevenue administration$2imf 606 $aPublic debt$2imf 606 $aPublic investment and public-private partnerships (PPP)$2imf 606 $aFinancial services$2imf 606 $aMoney$2imf 606 $aExpenditure$2imf 606 $aBanks and banking$2imf 606 $aMoney supply$2imf 606 $aRevenue$2imf 606 $aDebts, Public$2imf 606 $aPublic-private sector cooperation$2imf 606 $aFinancial services industry$2imf 607 $aKyrgyz Republic$2imf 615 0$aEconomic development 615 0$aFiscal policy 615 0$aMonetary policy 615 0$aFinancial institutions 615 0$aEconomic indicators 615 7$aBanks and Banking 615 7$aMoney and Monetary Policy 615 7$aPublic Finance 615 7$aIndustries: Financial Services 615 7$aCriminology 615 7$aMacroeconomics 615 7$aBanks 615 7$aDepository Institutions 615 7$aMicro Finance Institutions 615 7$aMortgages 615 7$aTaxation, Subsidies, and Revenue: General 615 7$aMonetary Policy, Central Banking, and the Supply of Money and Credit: General 615 7$aDebt 615 7$aDebt Management 615 7$aSovereign Debt 615 7$aNational Government Expenditures and Related Policies: Infrastructures 615 7$aOther Public Investment and Capital Stock 615 7$aFinancial Institutions and Services: Government Policy and Regulation 615 7$aPublic finance & taxation 615 7$aBanking 615 7$aMonetary economics 615 7$aFinance 615 7$aCorporate crime 615 7$awhite-collar crime 615 7$aLabour 615 7$aincome economics 615 7$aMonetary base 615 7$aRevenue administration 615 7$aPublic debt 615 7$aPublic investment and public-private partnerships (PPP) 615 7$aFinancial services 615 7$aMoney 615 7$aExpenditure 615 7$aBanks and banking 615 7$aMoney supply 615 7$aRevenue 615 7$aDebts, Public 615 7$aPublic-private sector cooperation 615 7$aFinancial services industry 676 $a338.9 801 0$bDcWaIMF 906 $aBOOK 912 $a9910789008503321 996 $aThe Kyrgyz Republic$93783492 997 $aUNINA