: / Central Asia and CIS

Kyrgyzstan Review, 10 years ago

[21.06.24] Outgoing IMF Envoy praises Kyrgyz economic progress

Meeting on 21 June with President Askar Akaev, Bhaswar Mukhopadhyay, the outgoing International Monetary Fund (IMF) representative for Kyrgyzstan, praised the country's economic progress. Mukhopadhyay cited falling inflation, a stable exchange rate, and growing currency reserves as evidence of a positive trend. If reforms work to support business and stabilize the macroeconomic situation, Kyrgyzstan can look forward to increased foreign investment and a bright future, akipress.org cited Mukhopadhyay as saying. Mukhopadhyay, who served as the IMF representative for Kyrgyzstan three years, will be replaced on 1 July by Michael Mered, who previously served as the IMF representative in Azerbaijan and Turkmenistan.
RFE/RL news line/NA AKIpress, June 21, 2004

More on the issue: