▲ Up
 
09:39 31-07-2016
MAIN АКИpress CA-News
About us On-line subscription
KazakhstanKyrgyzstanMongoliaTajikistanTurkmenistanUzbekistanWorld
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
Astana
+22° C
Ashgabat
+33° C
Bishkek
+18° C
Dushanbe
+30° C
Tashkent
+29° C
Ulaanbaatar
+32° C
exchange rates
 
75.44
67.97
10.21
1.01
391.28
352.25
52.96
5.26
6.85
6.26
1.01
0.12
3286.53
2888.39
446.81
42.81
3.91
3.50
0.53
0.05

© AKIpress News Agency - 2001-2016. All rights reserved
Republication of any material is prohibited without a written agreement with AKIpress News Agency. Any citation must be accompanied by a hyperlink to 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