Kyrgyz Republic: Selected Issues

Author: International Monetary Fund. Middle East and Central Asia Dept.

Volume/Issue: Volume 2013 Issue 176

Publication date: June 2013

ISBN: 9781484322796

$18.00

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Topics covered in this book

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Banks and Banking , Public Finance , Taxation - General , ISCR , CR , Kyrgyzstan , Kyrgyz government , SDB law , business environment , rate , governance indicators in the Kyrgyz Republic , funding mechanism , Tax incentives , Exchange rate flexibility , Value-added tax , Corporate income tax , Global

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Summary

The government of the Kyrgyz Republic is determined to consolidate its finances over the coming years. This note describes the main elements of the tax regime in the Kyrgyz Republic, looks into tax incentives, and provides some reform options to raise revenues. The second note is on monetary policy in the Kyrgyz Republic, which faces challenges with respect to formulation and efficacy given the low monetization, the shallow financial system, high dollarization, and a predominantly cash-based economy.