The Need To Diversify And Reform

February 2007 | Ratings Update

The Kyrgyz parliament has elected Azim Isabekov as the country's new prime minister following the departure of Felix Kulov who resigned in December. Kulov's failure to win two subsequent votes to reinstate him points to the still difficult, and divided, nature of Kyrgyz politics. Given the wranglings over the constitutional changes, which transferred powers from the presidency to parliament, we expect that the domestic climate will remain tense for some time. The absence of a 'strong man' president, who can guarantee the trajectory of government policy into the medium term constrains the country's short-term risk rating, but means that some

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