Kyrgyz Republic: Recent Economic Developments

September 18, 1996

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Kyrgyz Republic: Recent Economic Developments, (USA: International Monetary Fund, 1996) accessed November 22, 2024

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.

Subject: Agricultural commodities, Agricultural sector, Commodities, Credit, Economic sectors, Exports, Imports, International trade, Revenue administration

Keywords: Agricultural commodities, Agricultural sector, Broad money, CIS country, Commercial bank, CR, Exports, First quarter, Imports, ISCR, Kyrgyz authorities, Kyrgyz authority, State enterprise, Tax revenue

Publication Details

Pages:

87
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1996/098
Stock No:

1KGZEA0011996
ISBN:

9781451821291
ISSN:

1934-7685

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