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Kyrgyz Republic: Recent Economic Developments

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  • International Monetary Fund

Abstract

This paper reviews economic developments in the Kyrgyz Republic during 1995–97. Significant progress has been achieved in establishing macroeconomic stability since 1994. Inflation has fallen sharply over 1992–97, and projections indicate that the 17 percent targeted for the year will be achieved. After a massive output decline during 1991–95, real GDP started to increase in late 1995 and showed solid growth in 1996 and during the first half of 1997. The budget deficit was halved during 1995–96 and is targeted to decline further in 1997, financed mostly through external assistance.

Suggested Citation

  • International Monetary Fund, 1998. "Kyrgyz Republic: Recent Economic Developments," IMF Staff Country Reports 1998/008, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:1998/008
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    Cited by:

    1. Islamov, Bakhtior, 2001. "Central Asia: Problems of External Debt and Its Sustainability," Discussion Paper Series a413, Institute of Economic Research, Hitotsubashi University.

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