Kyrgyz Republic : Integrated State-Owned Enterprises Framework Assessment
Notwithstanding its significant downsizing due to the country´s transition from a planned to a market economy, the public sector in Kyrgyz Republic still owns one hundred thirty-six SOEs, with the largest ones operating in strategic and economicall...
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| Format: | Report |
| Language: | English |
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World Bank, Washington, DC
2021
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| Online Access: | http://documents.worldbank.org/curated/en/399931621246903461/Kyrgyz-Republic-Integrated-State-Owned-Enterprises-Framework-iSOEF-Assessment http://hdl.handle.net/10986/35581 |
| Summary: | Notwithstanding its significant
downsizing due to the country´s transition from a planned to
a market economy, the public sector in Kyrgyz Republic still
owns one hundred thirty-six SOEs, with the largest ones
operating in strategic and economically important sectors.
The main objective of this integrated state-owned
enterprises framework assessment (iSOEF) is to analyze the
economic and fiscal impact of the Kyrgyz state-owned
enterprise (SOE) portfolio, and identify ways to strengthen
its performance and corporate governance. This report
describes the landscape and main characteristics of the SOE
portfolio in the Kyrgyz Republic, provides an assessment of
main fiscal costs and risks of the SOEs with a focus on
energy sector SOEs, and analyzes the corporate governance
and financial reporting frameworks and practices applied by
Kyrgyz SOEs. |
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