Publication:
Kyrgyz Republic : Fiscal Sustainability Study

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dc.contributor.authorWorld Bank
dc.date.accessioned2013-08-21T20:08:44Z
dc.date.available2013-08-21T20:08:44Z
dc.date.issued2000-06
dc.description.abstractThe study reviews the macroeconomic developments in the Kyrgyz Republic following the collapse of the Soviet Union, when adjustments were required since output fell by fifty percent between 1991-95, resulting in adverse fiscal consequences, which triggered losses in tax revenues, along with the implicit end of energy subsidies. Part I examines the fiscal, and debt sustainability, proposing a three-fold strategy : efforts for an urgent renewal, are needed to consolidate macroeconomic stability, fundamentally, a significant fiscal adjustment is required; debt relief should be considered, given the large burden, and the need to preserve social expenditures; and, decisive structural reforms are necessary to underpin fiscal adjustment, and increase the efficiency of resource uses. Part II examine these structural issues, particularly the tax system, and the role of the state in infrastructure, and utilities, focusing on accelerating the transformation of public infrastructure, and utility companies, and, improve taxation. The report analyzes this transformation, emphasizing a transparent, and targeted system in the provision of basic services to the poor, through reform policies, and the inclusion of the private sector, critical to reflect cost-effectiveness, and adapt to the requirements of a market economy.en
dc.identifierhttp://documents.worldbank.org/curated/en/2000/06/436937/kyrgyz-republic-fiscal-sustainability-study
dc.identifier.doi10.1596/15268
dc.identifier.urihttps://hdl.handle.net/10986/15268
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectFISCAL SUSTAINABILITY
dc.subjectMACROECONOMIC PLANNING
dc.subjectMACROECONOMIC SHOCKS
dc.subjectOUTPUTS
dc.subjectFISCAL ADJUSTMENTS
dc.subjectTAX REVENUES
dc.subjectTAX SYSTEMS
dc.subjectENERGY SUBSIDIES
dc.subjectDEBT SUSTAINABILTY
dc.subjectMACROECONOMIC STABILIZATION
dc.subjectDEBT RELIEF
dc.subjectSOCIAL IMPLICATIONS
dc.subjectSTRUCTURAL REFORMS
dc.subjectRESOURCE PLANNING
dc.subjectPUBLIC INFRASTRUCTURE
dc.subjectPUBLIC UTILITY REGULATION
dc.subjectBASIC SERVICES
dc.subjectPOVERTY REDUCTION
dc.subjectPRIVATE SECTOR DEVELOPMENT
dc.subjectMARKET ECONOMY
dc.subjectREFORM POLICY ACCOUNTABILITY
dc.subjectACCOUNTING
dc.subjectADB
dc.subjectADMINISTRATIVE COSTS
dc.subjectADVERSE CONSEQUENCES
dc.subjectAFFILIATES
dc.subjectAGRICULTURE
dc.subjectAUTONOMY
dc.subjectBARRIERS TO ENTRY
dc.subjectBENEFIT CHARGES
dc.subjectBORROWING
dc.subjectBUDGETARY SUPPORT
dc.subjectCIVIL SERVICE
dc.subjectCOAL
dc.subjectCOMMERCIAL BANKS
dc.subjectCOMMERCIAL DEBT
dc.subjectCOMPETITIVENESS
dc.subjectCONSUMERS
dc.subjectCONSUMPTION LEVELS
dc.subjectCREDITORS
dc.subjectDEBT
dc.subjectDEBT BURDEN
dc.subjectDEBT INTEREST
dc.subjectDEBT OBLIGATIONS
dc.subjectDEBT OUTSTANDING
dc.subjectDEBT PROFILE
dc.subjectDEBT REDUCTION
dc.subjectDEBT RELIEF
dc.subjectDEBT RESCHEDULING
dc.subjectDEBT RESOLUTION
dc.subjectDEBT SERVICE
dc.subjectDEBT SERVICE BURDEN
dc.subjectDEBT SUSTAINABILITY
dc.subjectDEBTS
dc.subjectDEFICIT REDUCTION
dc.subjectDEVELOPMENT ASSISTANCE
dc.subjectDISTORTED INCENTIVES
dc.subjectECONOMIC GROWTH
dc.subjectELECTRICITY
dc.subjectEVASION
dc.subjectEXCHANGE RATE
dc.subjectEXCHANGE RATES
dc.subjectEXCISE TAXES
dc.subjectEXPENDITURES
dc.subjectEXPORTS
dc.subjectEXTERNAL DEBT
dc.subjectEXTERNAL DEBT INDICATORS
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL MANAGEMENT
dc.subjectFINANCIAL SECTOR
dc.subjectFISCAL DEFICITS
dc.subjectFISCAL YEAR
dc.subjectFOREIGN BORROWING
dc.subjectFOREIGN DEBT
dc.subjectFUELS
dc.subjectGDP
dc.subjectGOVERNMENT BUDGET CONSTRAINTS
dc.subjectGOVERNMENT EXPENDITURES
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectGROWTH RATE
dc.subjectHOUSING
dc.subjectIMPORTS
dc.subjectINCOME
dc.subjectINCOME TAX
dc.subjectINEFFICIENCY
dc.subjectINFLATION
dc.subjectINFLATION RATES
dc.subjectINTEREST RATE
dc.subjectLABOR PRODUCTIVITY
dc.subjectLAND TAXES
dc.subjectLEGISLATION
dc.subjectLIQUIDITY
dc.subjectLOCAL TAXES
dc.subjectLOW TARIFFS
dc.subjectMACROECONOMIC STABILITY
dc.subjectMONETARY POLICY
dc.subjectOPEC
dc.subjectOPERATING COSTS
dc.subjectPAYMENT ARREARS
dc.subjectPRESENT VALUE
dc.subjectPRESENT VALUE OF DEBT
dc.subjectPRICE INCREASES
dc.subjectPRICE SUBSIDIES
dc.subjectPRIVATE CONSUMPTION
dc.subjectPRIVATE SECTOR
dc.subjectPRIVATE SECTOR PARTICIPATION
dc.subjectPRIVATIZATION
dc.subjectPRODUCERS
dc.subjectPROFITABILITY
dc.subjectPROVISIONS
dc.subjectPUBLIC INFRASTRUCTURE
dc.subjectPUBLIC INVESTMENT
dc.subjectPUBLIC SECTOR
dc.subjectPUBLIC UTILITIES
dc.subjectREAL GDP
dc.subjectREAL INTEREST RATE
dc.subjectRELATIVE VALUE
dc.subjectRESOURCE USE
dc.subjectREVENUE SOURCES
dc.subjectSAVINGS
dc.subjectSERVICE CAPACITY
dc.subjectSTATE PROPERTY
dc.subjectSTRUCTURAL ADJUSTMENT
dc.subjectT-BILLS
dc.subjectTAX
dc.subjectTAX CREDITS
dc.subjectTAX EFFORTS
dc.subjectTAX EXEMPTIONS
dc.subjectTAX RATES
dc.subjectTAX REFORM
dc.subjectTAX REFORMS
dc.subjectTAX REVENUES
dc.subjectTAXATION
dc.subjectTAXPAYERS
dc.subjectTELECOMMUNICATIONS
dc.subjectTRANSPARENCY
dc.subjectTRANSPORT
dc.subjectTURNOVER TAXES
dc.subjectUNEMPLOYMENT
dc.subjectUTILITIES
dc.subjectVALUE ADDED
dc.subjectVALUE ADDED TAX
dc.subjectVOTERS
dc.subjectWORLD TRADE ORGANIZATION
dc.subjectWTO
dc.titleKyrgyz Republic : Fiscal Sustainability Studyen
dspace.entity.typePublication
okr.date.doiregistration2025-05-07T12:37:04.363589Z
okr.docurlhttp://documents.worldbank.org/curated/en/2000/06/436937/kyrgyz-republic-fiscal-sustainability-study
okr.globalpracticeFinance and Markets
okr.guid107611468774539177
okr.identifier.externaldocumentum000094946_0008040538154
okr.identifier.internaldocumentum436937
okr.identifier.report20644
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2000/08/19/000094946_0008040538154/Rendered/PDF/multi_page.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.countryKyrgyz Republic
okr.sectorPublic Administration, Law, and Justice
okr.topicEconomic Theory and Research
okr.topicBanks and Banking Reform
okr.topicEnvironmental Economics and Policies
okr.topicFinance and Financial Sector Development::Strategic Debt Management
okr.topicPublic Sector Economics and Finance
okr.unitPoverty Reduction/Econ Mngmt (ECSPE)
okr.volume1
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