Operational Assessment of the financial circuits and procedures in the Kyrgyz Republic

The assignment was carried out within the Framework Service Contract ECFIN/012/2011 for Operational and PEFA Assessments. The objective was to ensure that the Kyrgyz public finance management system provided sufficient safeguards in view of a future Macro-Financial Assistance programme by DG ECFIN, through an assessment of the following areas:

 

  • PFM system and PFM reforms
  • Budget preparation
  • Budget execution
  • Public internal financial control and internal audit
  • External audit
  • Public procurement
  • Debt management
  • National Bank of the Kyrgyz Republic


This Operational Assessment took place six months after the election of a new president and the formation of a new Government, in a context of political appeasement and stabilisation.

  • Country: Kyrgyzstan
  • Implementation Period: May - Oct. 2012
  • Beneficiary - Contracting Authority: European Commission, DG Economic and Financial Affairs
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