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220928 ||| eng |
| 020 |
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|a 9781513594040
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| 245 |
0 |
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|a Kyrgyz Republic: 2021 Article IV Consultation-Press Release; and Staff Report
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| 260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2021
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| 300 |
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|a 89 pages
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| 651 |
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4 |
|a Kyrgyz Republic
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| 653 |
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|a Public debt
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| 653 |
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|a Finance
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| 653 |
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|a Public finance & taxation
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| 653 |
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|a Industries: Financial Services
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| 653 |
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|a Financial services
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| 653 |
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|a Economic statistics
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| 653 |
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|a Debts, Public
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| 653 |
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|a Exports and Imports
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| 653 |
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|a International Lending and Debt Problems
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| 653 |
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|a External debt
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| 653 |
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|a International organization
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| 653 |
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|a International institutions
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| 653 |
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|a International Economics
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| 653 |
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|a Macroeconomics
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| 653 |
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|a Economic and financial statistics
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| 653 |
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|a Econometrics & economic statistics
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| 653 |
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|a International Agreements and Observance
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| 653 |
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|a International Organizations
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| 653 |
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|a External sector statistics
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| 653 |
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|a Monetary economics
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| 653 |
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|a International agencies
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| 653 |
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|a Debt Management
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| 653 |
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|a Computer Programs: Other
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| 653 |
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|a Debt
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| 653 |
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|a Data Collection and Data Estimation Methodology
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| 653 |
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|a Financial Institutions and Services: Government Policy and Regulation
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| 653 |
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|a International economics
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| 653 |
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|a Debts, External
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| 653 |
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|a Illegal Behavior and the Enforcement of Law
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| 653 |
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|a Sovereign Debt
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| 653 |
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|a Financial services industry
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| 653 |
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|a Monetary policy
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| 653 |
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|a Statistics
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| 653 |
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|a Monetary Policy
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| 653 |
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|a Public Finance
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| 653 |
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|a Money and Monetary Policy
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| 653 |
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|a Debt sustainability analysis
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| 710 |
2 |
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|a International Monetary Fund
|b Middle East and Central Asia Dept
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| 041 |
0 |
7 |
|a eng
|2 ISO 639-2
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| 989 |
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|b IMF
|a International Monetary Fund
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| 490 |
0 |
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|a IMF Staff Country Reports
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| 028 |
5 |
0 |
|a 10.5089/9781513594040.002
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| 856 |
4 |
0 |
|u https://elibrary.imf.org/view/journals/002/2021/174/002.2021.issue-174-en.xml?cid=463121-com-dsp-marc
|x Verlag
|3 Volltext
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| 082 |
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|a 330
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| 520 |
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|a The Kyrgyz economy is highly dependent on remittances and foreign aid and does not have access to international capital markets. Inequality is relatively low, but poverty is widespread. The COVID crisis led to a sharp recession with output contracting by 8.6 percent in 2020, public debt rising by 16.5 percent of GDP to 68 percent, and the som depreciating by 19 percent against the US$. Under the assumption that the global pandemic begins to decisively recede this year, a rebound in growth is expected in 2021–22. However, significant uncertainty surrounds the baseline outlook and the recovery could be delayed if downside risks materialize. In the medium to long term, the main challenge is to create jobs for about 65,000 new jobseekers annually and to reduce labor out-migration. This will require deep structural reforms to transform the economy from a reliance on remittances to more diversified and private sector-led growth that is underpinned by higher investment and exports
|