A well-balanced fiscal policy lays the ground for broad-based economic growth. In view of strengthening the capacities of the Kyrgyz authorities in formulating and implementing  effective macroeconomic policies, in capturing and assessing fiscal risks and in promoting fiscal transparency, this five-day training, tailored to the needs of the Kyrgyz Republic, was organized for representatives of Government agencies directly involved in the compilation of fiscal statistics.

The first workshop on this topic, in which six Kyrgyz officials participated, took place in November 2016 in Baku. Following this event, the IMF undertook a series of in-depth consultations with the Kyrgyz authorities in May this year, in order to further enhance the fiscal data compilation and to define the next steps to be taken to continue improving fiscal transparency.

Mrs. Ivana Jablonská, the project manager from the Statistics Department of the IMF congratulated the Kyrgyz authorities on the significant progress they have made in recent years in improving the coverage, timeliness and consistency of fiscal statistics. She highly appreciated the commitment of the Kyrgyz compilers and stressed the importance of inter-agency co-operation in the compilation of various data subsets of macroeconomic statistics.

The officials of the Ministry of Finance, National Statistical Committee, National Bank and the Social Fund demonstrated keen interest in learning the conceptual framework of the international standards and best compilation practices. The appropriate combination of lectures and case studies helped them to apply the newly acquired theoretical knowledge on practical exercises adapted to the Kyrgyz reality. The work on case studies provided a good opportunity to understand the practical application of fiscal statistics for the national policy making and cross-country comparisons.

Switzerland’s cooperation began after Kyrgyzstan became independent and joined the Swiss-led voting group at the International Monetary Fund, the World Bank and the European Bank for Reconstruction and Development. This special relationship was one of the reasons Kyrgyzstan became one of the focal partners for Swiss Cooperation in Central Asia.

During 25 years Switzerland has provided more than CHF 350 million of financial, technical and humanitarian support to Kyrgyzstan in the sectors of health, public institutions, private sector, urban water supply, irrigation, local self-governance and civil society engagement.  Switzerland has also substantially supported the organization of successful parliamentary and local elections in 2015 and 2016 respectively.

“The Kyrgyz Republic is Central Asia’s only parliamentary democracy and since independence has undergone significant changes of its own history and development. The Swiss cooperation is proud to be a development partner and is committed to continue its support to the country. Our bilateral relations are based on values and principles such as solidarity, respect of human rights, and democracy, including the participation of civil society actors. Switzerland as a neutral country is always ready to support dialogue and to strive for peaceful solutions of conflicts. There are many similarities between our countries, and we will continue building our relations on our longstanding trust and friendship”, said the Ambassador of Switzerland to the Kyrgyz Republic, René Holenstein.

The Swiss Federal Dispatch on International Cooperation 2017-2020 reflects Switzerland’s continuing and strong commitment to the Kyrgyz Republic and Central Asia.