Kyrgyzstan must fulfill obligations for IMF loans
Kyrgyzstan must fulfill a number of obligations to obtain loans from the IMF, Kyrgyz Acting Prime Minister Omurbek Babanov said at a governmental meeting on Friday, KirTAG reported.
Babanov said the IMF provides Kyrgyzstan with loans worth $106 million. Kyrgyzstan has already received $15 million.
Kyrgyzstan will soon receive a second tranche of $15.2 million. The remaining amount will be allocated by 2014, KirTAG reported.
"Kyrgyzstan must fulfill a number of commitments to get the remaining sum," he said. "The IMF mission was in Kyrgyzstan and studied all the economic indicators."
Babanov instructed the Kyrgyz State Property Ministry to submit a report on the profitability of state enterprises to the government.
"I instruct the State Property Ministry to provide a final report on the state-owned enterprises and joint stock companies with a state-owned stake, profit and costs on a quarterly basis," he said.