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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Körperschaft: International Monetary Fund (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Washington, D.C International Monetary Fund 1996
Schriftenreihe:IMF Staff Country Reports IMF Staff Country Report No. 96/98
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Zusammenfassung: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
Beschreibung:1 Online-Ressource (87 p)
ISBN:1451821298
9781451821291

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