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International Journal of Academic Research in Business and Social Sciences

Open Access Journal

ISSN: 2222-6990

Assessment of Monetary Policy in the Kyrgyz Republic

Ercan Ekmekçio?lu

Open access

Kyrgyz Republic is a landlocked country located in Asia. This situation makes the economy of the country largely relying on the internal policies made with respect to the fiscal abilities of the country. From 2008 to 2012, the country has recorded challenges with respect to the management of its economy from both internal factors and external variables. The recession is one such external factor that is on record to affected the economy of the country. On the other hand inflation and political instability the position of the country with respect to the GDP and the social welfare of the nationals. This paper assesses the monetary policies adopted by Kyrgyz Republic in an effort to manage its economy. The study focuses on Structure of the Kyrgyz Monetary Policy, Monetary Policy Tools, Monetary Policy Strategies in the Kyrgyz, Kyrgyz Future Objectives of Monetary Policy and ultimately offers recommendation and a conclusion. Through this analysis, intricate details on the situation of the country and the effectiveness of the pursued policies towards their respective purpose is the main focus with the objective monetary policies in the context of relevance and appropriateness. In the course of the report knowledge on monetary dynamics and their effects both internationally and locally are explicated.

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