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.

The three organizations will allocate in total up to USD 340’000 to provide shelter assistance to highly vulnerable earthquake-affected households in Chong Alai district of Osh oblast, to train local masons on affordable para-seismic construction norms and techniques, as well as to provide legal assistance to help the affected households claim their housing, land and property rights and access affordable and reliable insurance. The Swiss Agency for Development and Cooperation will contribute CHF 240’000, the Aga Khan Foundation will contribute USD 50’000 and Helvetas the amount of CHF 40’000.

“The Swiss contribution to the reconstruction of houses is an expression of Switzerland’s solidarity towards the population of Chong Alai. The joint effort places victims at the center of our engagement in a spirit of neutrality, independence and impartiality”, said the Ambassador of Switzerland René Holenstein. 

The work will be implemented by the Agency for Technical Cooperation and Development (ACTED) in Kyrgyzstan and the Mountain Societies Development Support Programme (MSDSP) in close collaboration with the Ministry of Emergency Situations of the Kyrgyz Republic, District Department of Architecture and Jekendi Ayil Okmotu. 

For reference:

On 3^rd and 5^th May, a 5.9-magnitude earthquake and a 5.8-magnitude earthquake occurred in northern Tajikistan followed by several aftershocks. The earthquakes reverberated in several villages in Chong-Alai district of Kyrgyzstan, with a magnitude of 4 to 6. The Ministry of Emergency Situations of Kyrgyzstan reported that 1,000 houses, 3 hospitals, 1 primary health care centre and 1 school had been affected by the earthquake with damages of various intensities. 

The Government of Switzerland provides assistance for the development of the Kyrgyz Republic and supports projects in areas such as health, private sector development, public sector reform, and infrastructure. 

The Aga Khan Foundation (AKF) is an agency of the Aga Khan Development Network (AKDN), a group of private, non-denominational, not-for-profit agencies that aim to improve living conditions and opportunities for people without regard to their particular religion, race, ethnicity, or gender. AKF has been active in the Kyrgyz Republic for more than two decades. For more information on AKF and AKDN, please visit: www.akdn.org. 

HELVETAS Swiss Intercooperation is a development organization anchored in Switzerland. Helvetas started its activities in Kyrgyzstan in November 1994, and today organization is running 8 projects in Kyrgyzstan. Our organization is always ready to support and develop relationship with local and international partners. For more information, please visit our website at www.kyrgyzstan.helvetas.org