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Cover -- CONTENTS -- CONSTRAINTS TO PRIVATE INVESTMENT AND ECONOMIC GROWTH IN THE KYRGYZ REPUBLIC -- A. Background -- B. Growth Diagnostic Methodology -- C. Private Sector Growth Constraints in the Kyrgyz Republic -- FIGURES -- 1. Private Investment and Business Climate -- 2. Decision Tree of Growth Diagnostic Methodology -- 3. Infrastructure, Human Capital, and Labor Market -- 4. Governance -- 5. Fiscal Policy -- 6. Cost of Finance -- References -- KYRGYZ REPUBLIC: UNLEASHING THE POTENTIAL OF THE ELECTRICITY SECTOR -- A. Overview and Potential Economic Benefit of Electricity Sector Reforms -- B. Challenges Facing the Kyrgyz Electricity Sector -- C. A Reform Roadmap -- BOX -- International Experiences on Reforming Electricity Subsidies -- FIGURES -- 1. Kyrgyz Republic: Electricity Sector Performance -- 2. Impact of Individual Electricity Sector Indicators on Per Capita GDP -- 3. Kyrgyz Republic: Electricity Sector Indicators -- TABLES -- 1. Impact of Electricity Sector Development on Per Capita GDP -- 2. Kyrgyz Republic: Cost of Services versus Revenue by Customer Class, 2017 -- APPENDICES -- I. Construction of Electricity Sector Index -- II. List of Countries Used in Empirical Analysis -- References.

Cover -- Title -- Copyright -- Contents -- Tables, Figures, and Boxes -- Foreword -- Preface -- Acknowledgments -- Author Profiles -- Abbreviations -- 1. Introduction: The Kyrgyz Economy at the Crossroads -- 1.1. Introduction and Overview -- 1.2. Setting the Scene -- Legacies of history-the Soviet period and its aftermath -- Geography -- A small economy -- A remittance economy -- 1.3. Economic Development: An Overview -- Economic growth -- Sectoral growth and structural change -- Investment and savings -- Macroeconomic survey -- Summing up: Are macroeconomic storm clouds on the horizon? -- International dimensions -- The Kyrgyz Republic and the Eurasian Economic Union -- Social indicators -- Governance indicators -- 1.4. This Book -- 1.5. Summing Up and Policy Inferences -- Summing Up -- Policy implications and recommendations -- 2. International Dimensions of Economic Transition: Trade, Foreign Direct Investment, and Labor Migration -- 2.1. Introduction -- 2.2. Reforms and the Incentive Structure -- Trade policy -- Foreign direct investment policy -- Macroeconomic policy and international competitiveness -- Trade customs reforms -- Infrastructure, geographical disadvantage, and trade costs -- 2.3. External Payments Position -- 2.4. Trade Patterns -- Initial conditions -- Export performance -- 2.5. Trends and Patterns of Nongold Exports -- Electricity -- Cotton -- Food products -- Garments -- Direction of trade -- 2.6. Foreign Direct Investment -- 2.7. Labor Migration and Remittances -- 2.8. Concluding Remarks -- 3. Reinventing the Agriculture Sector -- 3.1. Introduction -- 3.2. The Kyrgyz Republic's Agriculture -- Historical overview of agriculture policy -- Agriculture in Central Asia -- Contribution to gross domestic product and employment -- Kyrgyz republic's agroecological zones -- Irrigation development -- Agricultural production and trade.

Cover -- CONTENTS -- BACKGROUND -- RECENT ECONOMIC DEVELOPMENTS, OUTLOOK, AND RISKS -- POLICY DISCUSSIONS -- A. Cementing Macroeconomic and Financial Sector Stability -- B. Creating Fiscal Space for Development Needs -- C. Removing Obstacles to Private-Sector-Led Growth -- STAFF APPRAISAL -- BOX -- 1. Challenges and Reform Priorities for Respect of the Rule of Law -- FIGURES -- 1. Economic Setting, 2008-18 -- 2. Recent Economic Developments -- 3. Revenue and Expenditure Reform Priorities -- 4. Constraints to Financial Deepening and Inclusion -- TABLES -- 1. Selected Social and Economic Indicators, 2016-24 -- 2. National Accounts, 2015-24 -- 3. Balance of Payments, 2016-24 -- 4. NBKR Accounts, 2016-19 -- 5. Monetary Survey, 2016-19 -- 6. State Government Finances, 2016-24 (In millions of soms) -- 7. State Government Finances, 2016-24 (In percent of GDP) -- 8. General Government Finances, 2016-24 (In millions of soms) -- 9. General Government Finances, 2016-24 (In percent of GDP) -- 10. Selected Financial Soundness Indicators, 2016-18 -- 11. Inclusive Growth Indicators -- ANNEXES -- I. Implementation of 2017 Article IV Consultation's Key Recommendations -- II. External Sector Assessment -- III. Risk Assessment Matrix -- IV. Preliminary Costing of Achieving Selected Sustainable Development Goals -- V. Benefits of Financial Inclusion of Small and Medium-Sized Enterprises (SME) in the Kyrgyz Republic -- CONTENTS -- RELATIONS WITH THE FUND -- RELATIONS WITH OTHER INTERNATIONAL INSTITUTIONS -- TECHNICAL ASSISTANCE PROVIDED BY THE FUND -- STATISTICAL ISSUES.

This paper discusses Kyrgyz Republicâ??s Sixth Review Under the Three-Year Arrangement Under the Extended Credit Facility. Following exceptionally strong performance in 2013, growth is moderating to a more sustainable pace. The program is broadly on track, with all end-December 2013 quantitative performance criteria and all but one indicative targets (IT) met for end-December 2013. Although three March 2014 ITs were missed, since then there has been progress in rebuilding reserves and enhancing tax collections. The two structural benchmarks for end-December were met. The IMF staff supports the

Cover -- CONTENTS -- RECENT DEVELOPMENTS AND PROGRAM PERFORMANCE -- OUTLOOK AND RISKS -- PROGRAM ISSUES -- A. Fiscal Consolidation Remains Essential -- B. Preserving Debt Sustainability -- C. Finetuning Monetary and Exchange Rate Policies -- D. Safeguarding the Financial Sector -- E. Structural Reforms -- F. Program Modalities -- STAFF APPRAISAL -- FIGURES -- 1. Macroeconomic Indicators-Regional Comparators -- 2. Growth and Inflation -- 3. Monetary and Financial Sector Development -- 4. Contribution to the Revision of External Debt -- TABLES -- 1. Selected Economic Indicators, 2015-22 -- 2. Balance of Payments, 2015-22 -- 3. NBKR Accounts, 2015-18 -- 4. Monetary Survey, 2015-18 -- 5. General Government Finances, 2015-18 (In millions of soms) -- 6. General Government Finances, 2015-18 (In percent of GDP) -- 7. Selected Financial Soundness Indicators, 2015-17 -- 8. Proposed Reviews and Disbursements Under the Three-Year Extended Credit Facility Arrangement -- 9. Indicators of Capacity to Repay the Fund, 2016-22 -- 10. Quantitative Performance Criteria and Indicative Targets Under the Extended Credit Facility, December 2016-March 2018 -- 11. Prior Actions and Structural Benchmarks Under the Extended Credit Facility -- 12a. Actual Borrowing Program (January 1-December 31, 2016) -- 12b. Type of New External Debt (January 1-December 31, 2016) -- 13a. Actual Borrowing Program (January 1-September 30, 2017) -- 13b. Type of New External Debt (In millions of U.S. dollars, January 1-September 30, 2017) -- 14a. Projected External Borrowing Program (January 1-December 31, 2017) -- 14b. Type of the New External Debt (In millions of U.S. dollars, January 1-December 31, 2017) -- 15a. Projected External Borrowing Program (January 1-June 30, 2018) -- 15b. Type of the New External Debt (In millions of U.S. dollars, January 1-June 30, 2018) -- ANNEXES.

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country

Presented during the Third international conference on irrigation and drainage held March 30 - April 2, 2005 in San Diego, California. The theme of the conference was "Water district management and governance." ; Includes bibliographical references. ; Under the On-Farm Irrigation Project (OIP), the Department of Water Resources (DWR) of the Kyrgyz Republic is to rehabilitate tertiary irrigation infrastructure. Rehabilitation on infrastructure serving 50,000 ha is underway; infrastructure serving 160,000 ha is to be rehabilitated over the six-year life of the project. To replace the role of irrigation brigades on former state farms, the Government has promoted establishment of Water User Associations (WUAs) to take over on-farm irrigation O&M. Initially, WUAs were formed under a Presidential Decree but with project assistance, in 2002 the Republic passed a WUA Law that superseded the decree. Under the law 350 WUAs have been registered. As part of OIP, WUA Support Units at the central (1), provincial (7) and district (26) level have been formed to develop and strengthen WUAs. During the first three years of the project, these units have provided training to almost 11,000 trainees as well as assisting with WUA re-registration under the new law. Although still too low, fees paid by members to cover WUA O&M and administration as well as pay the DWR for water supplied have increased in every province since 2000. A resolution just passed by the Government now gives WUAs legal ownership of their on-farm irrigation infrastructure. ; Sponsored by USCID; co-sponsored by Association of California Water Agencies and International Network for Participatory Irrigation Management.

Cover -- The Kyrgyz Republic Sustainable Development Program 2013- 2017 -- Introduction -- I. CURRENT TRENDS OF THE KYRGYZ REPUBLIC DEVELOPMENT -- 1.1. Urgency of and Prerequisites for the Kyrgyz Republic Transition to Sustainable Development -- 1.2. Overall View and Specifics of the Kyrgyz Republic Transition to Sustainable Development -- 1.3. Goals and Objectives at the State of the Kyrgyz Republic Transition to Sustainable Development -- 1.4. Challenges and Risks in Transition to Sustainable Development