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Kyrgyz Republic Recent Economic Developments

This paper describes economic developments in the Kyrgyz Republic during the 1990s. The cash fiscal deficit increased from 7.7 percent of GDP in 1994 to 12.5 percent of GDP in 1995. The authorities encountered difficulties in raising revenues early in the year, but with the implementation of measure...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1996
Series:IMF Staff Country Reports
Subjects:
Exports And Imports
Monetary Economics
Exports
Agricultural Industries
Commodities
Public Finance & Taxation
Imports
Trade: General
Revenue Administration
Agricultural Commodities
Taxation, Subsidies, And Revenue: General
Public Finance
Farm Produce
Investment & Securities
Revenue
Credit
Agriculture: General
Investments: Commodities
Agricultural Sector
Agricultural Economics
International Economics
Agribusiness
International Trade
Money And Monetary Policy
Economic Sectors
Monetary Policy, Central Banking, And The Supply Of Money And Credit: General
Kyrgyz Republic
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Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This paper describes economic developments in the Kyrgyz Republic during the 1990s. The cash fiscal deficit increased from 7.7 percent of GDP in 1994 to 12.5 percent of GDP in 1995. The authorities encountered difficulties in raising revenues early in the year, but with the implementation of measures to strengthen tax collection, taxes were maintained at about 13.5 percent of GDP for the year as a whole. However, total budget revenues fell from 21 percent of GDP in 1994 to 16 percent of GDP in 1995, reflecting a sharp decline in central bank profit transfers and food grants
Physical Description:87 pages
ISBN:9781451821291

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