This web page presents information about the work of the IMF in Kyrgyz Republic, including the activities of the IMF Resident Representative Office. Additional information can be found on the Kyrgyz Republic and IMF country page, including IMF reports and Executive Board documents that deal with Kyrgyz Republic.
IMF's work on Kyrgyz
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Harnessing the Power of Integration: A Path to Prosperity in Central Asia
September 11, 2024
In the April Regional Economic Outlook, we projected a growth slowdown to 3.9 percent in 2024, but inflows of income, capital, and migrants from Russia, and rerouting of trade though the region have again boosted growth to impressive high single digits so far this year in oil importing CCA economies, including the Kyrgyz Republic. In Kazakhstan, on the other hand, growth is expected to slow to 3.1 percent in 2024 before picking up to 5.6 percent in 2025 as production increases from the Tengiz oil fields.
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IMF Executive Board Concludes 2023 Article IV Consultation with Kyrgyz Republic
March 4, 2024
The Executive Board of the International Monetary Fund (IMF) concluded the 2023 Article IV consultation with the Kyrgyz Republic and considered and endorsed the staff appraisal on a meeting on February 5, 2024.
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Kyrgyz Republic: Selected Issues
March 4, 2024
Series:Country Report No. 2024/065
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March 4, 2024
Series:Country Report No. 2024/064
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IMF Staff Completes 2023 Article IV Mission to the Kyrgyz Republic
December 4, 2023
The Kyrgyz economy performed strongly in 2022 and expanded at 6.3 percent despite the headwinds from the difficult regional environment. Tax revenue improved sharply, and public debt declined to 49 percent of GDP. Headline inflation fell from 14.7 percent in December 2022 to 9.2 percent in October 2023, but demand pressures have kept core inflation elevated. The current account deficit widened significantly to 43.6 percent of GDP in 2022 as non-oil imports increased by 26 percent of GDP and gold exports were suspended, while re-exports to Russia were not captured in official statistics.
Regional Economic Outlook
May 1, 2025
Charting a Path through the Haze
Growth is projected to rise in the Middle East and North Africa in 2025 and 2026, but at a slower pace than anticipated in the October 2024 REO. Across the region, rising trade tensions and policy uncertainty are adding to the impact of conflicts and extended oil production cuts to weaken growth prospects. In the Caucasus and Central Asia, growth has been robust but is set to moderate to a more sustainable pace. Policymakers must adapt to the new environment, prioritizing macroeconomic stability and accelerating structural reforms to seize global opportunities.
Read the Report