06:59 24-11-2014
MAIN Russian
About us On-line subscription
KazakhstanTajikistanUzbekistanKyrgyzstanTurkmenistanWorld
POLITICSBUSINESSINCIDENTSSOCIETYCULTURESPORTANALYSISSCIENCE
Structural reforms vital for Kyrgyzstan’s growth potential enhancing, says IMF mission

Bishkek (AKIpress) - 8ad0a330140858a4c8792aad43746c1a Structural reforms remain vital for enhancing Kyrgyzstan’s growth potential, IMF mission said in a statement issued following a visit to Bishkek on May 6-16 to hold discussions for the sixth and final review under a three-year Extended Credit Facility arrangement.

The mission urged the Kyrgyz authorities to approve swiftly the Banking Code, Payments System Law, and Anti-Money Laundering/Combating Financing of Terrorism (AML/CFT) legislation currently in the parliament.

Adopting this legislation would be a major step forward in developing the financial sector and enable it to support strong private sector-led growth. It will modernize the resolution regime, streamline the supervisory framework, and bring the AML/CFT framework in line with best international practice.

Speeding up the public financial sector management reforms will help to increase further the transparency of the public finances.


Twitterfacebookprint
17:35 23.05.2014
LATEST NEWS
12:00 Medvedev offers Turkmenistan to supply meat, agricultural products to Russia within western import restrictions11:52 Deputy Interior Minister, UNODC consider cooperation ties11:38 U.S., Turkey to continue providing support to Syrian 'moderate opposition'11:34 Ukraine considers joining NATO as priority11:31 Russian Government approves Armenia’s accession to EEU11:26 Zhanar Dugalova of Kazakhstan wins Turkvision Song Contest11:21 Uzbekistan takes part in festival of wines and spirits in China11:13 Presidents of Uzbekistan, Switzerland hold talks in Tashkent11:04 Minister of Sport and Youth Affairs of Georgia on visit in Uzbekistan10:56 Tajik Foreign Minister, Pakistani Water Minister vote for stepping up bilateral ties10:50 Nawaz Sharif calls for stronger economic partnership with Tajikistan10:43 Tajik Foreign Minister holds talks with Prime Minister of Pakistan10:34 New U.S. Ambassador to Kazakhstan appointed10:27 Kazakhstan's Nazarbayev, Russia's Putin discuss accession of Kyrgyzstan to EEU10:17 Swiss companies interested in investing in economy of Kazakhstan – Didier Burkhalter10:08 Foreign Minister, Indian Ambassador discuss development of bilateral ties10:00 Existing potential of bilateral relations between Kyrgyzstan, France should be expanded – French Ambassador09:46 Exim Bank of China becomes largest foreign creditor of Kyrgyzstan – Audit Chamber09:34 Foreign Ministries of Kyrgyzstan, Turkey hold another round of consultations09:26 Kyrgyzhydromet warns of day frosts to -15°C
Astana
-26° C
Ashgabat
+8° C
Bishkek
+5° C
Dushanbe
+12° C
Tashkent
+10° C
exchange rates
 
71.75
57.59
9.40
1.26
225.38
180.87
29.53
3.95
6.31
5.08
0.83
0.11
3042.15
2388.25
390.42
56.91
3.53
2.85
0.47
0.06

© AKIpress News Agency - 2001-2014
Use of the AKIpress.com materials must be accompanied by a hyperlink to www.akipress.com
Our address:
Moskovskaya str. 189, Bishkek, the Kyrgyz Republic
e-mail: english@akipress.org, akipressenglish@gmail.com;
Tel/Fax: +996(312)90-07-75