In late
January, the International Monetary Fund (IMF) sent a team to Bishkek, Kyrgyzstan to "take stock of the latest economic and policy developments."
While reporting on the mission, the team's leader, Edward Gemayel, noted that "The 2017 fiscal deficit was kept close to the 3.5 percent of GDP target, despite a significant fiscal expansion in the run-up to the October presidential elections and weak tax revenue collection. The economic recovery and efforts to tighten expenditures after the elections helped limit the deficit."
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