23:27 31-07-2014
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
17:33 Kyrgyzstan has issued postage stamp dedicated to Dooronbek Sadyrbayev17:14 Bishkek City Council denies reports on consideration of raising public transport costs17:13 Sierra Leone declares emergency to combat ebola17:06 Government of Uzbekistan approves program of modernization of heat supply companies16:39 Fighters of Kyrgyzstan win 3 medals at World Kung Fu Championship in China16:28 Kyrgyzstan’s President, Finance Minister discuss implementation of national budget16:23 Netanyahu: Israel will destroy Hamas tunnels no matter what16:15 Kazakhstan to export 9,000 tons of meat to Russia in 2014: KazAgro16:14 Rahmon meets with Commander of US Central Command16:10 Bishkek’s police detain instigators provoking mini-bus drivers to strike16:01 Results of session of SCO Foreign Ministers Council in Dushanbe July 30-3115:57 Government forms interdepartmental group for cooperation with Russia on oil products deliveries15:47 Youth football team of Kyrgyzstan to hold two friendly matches against Kazakhstan15:36 KazMunayGas's S&P rating unaffected by potential full acquisition of KMG EP15:36 International festival dedicated to life of Kyrgyz villages takes place at Issyk-Kul15:21 Gaza: deadly shelling of another UN school draws condemnation, calls for ceasefire15:01 Kazakhmys unveils Q2 2014 production results14:42 Tajik President says SCO should have coordinated position in facing modern threats14:31 Foreign Ministers of Kyrgyzstan and Uzbekistan discuss state and prospects of cooperation14:26 Ukrainian parliament votes to keep PM Yatsenyuk
Astana
+19° C
Ashgabat
+32° C
Bishkek
+25° C
Dushanbe
+27° C
Tashkent
+31° C
exchange rates
 
69.35
51.75
8.37
1.45
245.93
183.53
29.74
5.14
6.61
4.96
0.80
0.14
3161.09
2332.24
377.32
65.98
3.83
2.85
0.46
0.08

© 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