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Kyrgyz Republic - diagnostic review of consumer protection and financial literacy : Key findings and recommendations (Английский)

In 2012, Kyrgyz Republic had significantly lower levels of access to finance compared to most neighboring countries - only 4 percent of the adult population has an account at a formal financial institution compared to the regional average of 44.9. The rural population is especially underserved. Kyrgyz Republic heavily depends on remittances that account for 42 percent of GDP of which 80 percent are inflows. The evolving financial sector is...
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