IMF staff want better co-ordination between Kyrgyz government and central bank
Reforms are needed to strengthen the legal basis of the bank and improve monetary policy traction
The National Bank of the Kyrgyz Republic needs a new legal framework and better co-ordination with the government, according to staff at the International Monetary Fund.
An IMF staff report was the first review of the extended credit facility programme announced in April 2015 for the Kyrgyz Republic.
Staff said the success of any de-dollarisation policy would depend on a "credible" monetary policy and exchange rate framework, low inflation and "deeper" local financial markets. Developing local
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