On June 17, 2016, the Executive Board of the International Monetary Fund (IMF) completed the second review of the Kyrgyz Republic’s economic performance under the three-year Extended Credit Facility (ECF) arrangement. The Board’s approval enables the immediate disbursement of SDR 9.514 million (about US$13.4 million). This would bring total disbursements under the arrangement to SDR 28.542 million (about US$40.3 million). “The Kyrgyz authorities have been able to maintain their Fund-supported program broadly on track despite persistent external shocks, including lower commodity prices as well as weaker growth and currencies in trading partners.