Balance of Payments of the Kyrgyz Republic: Accounting Principles and Current Status

Date: 23 January 2013

Speaker: Kubanychbek Kudabaev

Date: 23 January 2014, 4:00pm
Venue: 138 Toktogul Street, Bishkek, Kyrgyz Republic. Conference Room on 2nd floor.

AbstractThis lecture will examine the theoretical basis of building international accounts and the balance of payments of the Kyrgyz Republic. Concepts such as the double entry system, the economic territory, residency, the centre of economic interest and time of registration will be discussed in depth. The lecture will also include an overview of the current status of the balance of payments of the Kyrgyz Republic based on data on the first half of 2013. Features of the country's balance of payments statistics will be described, as well as the problem of "errors and omissions".

Please RSVP to with your name and affiliation. Please indicate if you require English translation. 

Kudabaev Kubanychbek is the Acting Chief of the Department of Balance of Payment and External Debt at the National Bank of the Kyrgyz Republic, where he has worked since 2006. Upon graduation from the National University in 2002, Mr Kubanychbek began his career in the Ministry of Foreign Trade and Industry of the Kyrgyz Republic as a leading economist in the Consolidated Economic Department. Later, he continued his career as Chief Economist in the Ministry of Economic Development and Trade. He later transferred to the Ministry of Finance and Economy of the Kyrgyz Republic, monitoring government programmes.

The presentation will be conducted in Russian. English translation will be provided upon prior request.

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