INITIATIVE DOCUMENTS

The 2004 Update

Recent Policies and Performance of the Low-Income CIS Countries:
An Update of the CIS-7 Initiative

In April 2004, the staffs of the World Bank and the IMF, in consultation with staff of the AsDB and EBRD, prepared and issued a second update on the CIS-7 Initiative. This paper reviews recent trends and developments in the CIS-7 countries, with a special focus on growth and poverty, external debt and fiscal sustainability, governance and the business climate, and regional cooperation. The paper also describes donor activities in support of reforms in these areas. The report is based on ten background papers prepared by the staffs of the AsDB, EBRD, IMF and the World Bank.

  • Recent Policies and Performance of the Low-Income CIS Countries.

An Update of the CIS-7 Initiative.

  • Background Papers.
  • Press Release.

The 2003 Progress Note

Lucerne Conference on the CIS-7 Initiative (Switzerland, January, 20-22, 2003)
The Low-income Countries of the CIS: Progress and Challenges in Transition

  • Opening remarks by Shigemitsu Sugisaki (Deputy Managing Director, IMF)
  • Closing Remarks by Shengman Zhang (Managing Director, WB)
  • Press Release
  • Papers Presented at the Conference

Washington Ministerial Meeting, April 20, 2002

  • Ministerial Statement
  • Press Release

London Seminar, February 21-22, 2002

A seminar was hosted by the U.K. Government to discuss broader set of issues that the CIS7 are currently facing. The seminar considered a second report prepared by the staffs of the World Bank and the IMF, in consultation with the ADB and the EBRD.

Poverty Reduction, Growth and Debt Sustainability in Low-Income CIS Countries (.pdf, 150kb)

Country Notes: Debt Sustainability and Policy Priorities to Ensure Growth in the CIS-7 Countries (.pdf, 111kb) : Statistical Appendix (.pdf, 100kb)

  • Statement
  • Closing Remarks
  • Press Release
  • Background Presentations

The 2001 Report

This report to the Board of Directors of the IMF and the World Bank for the first time examined the problems of five low-income CIS countries–Armenia, Georgia, Kyrgyz Republic, Moldova, Tajikistan– as a group.

  • Armenia, Georgia, Kyrgyz Republic, Moldova, and Tajikistan: External Debt and Fiscal Sustainability (.pdf)
  • Armenia, Georgia, Kyrgyz Republic, Moldova, and Tajikistan: External and Fiscal Debt Sustainability-Background Paper (.pdf)
  • Press Briefing on Debt Sustainability (March 8, 2001) (.pdf)