During the last few years, the economy of Kyrgyzstan has grown due to the significant increase in gold exports and trade with the neighbouring countries. Although the economic recession in Russia led to a decline in the demand for Kyrgyz goods, which caused a reduction in non-gold exports of the country in 2015, economic growth rate increased from 3.6% in 2014 to 7.3% in 2015. Especially the structural reforms and the public investment program implemented by the Kyrgyz Government have signifi- cantly contributed to the high performance of economic growth.
Hayal Ayca Simsek graduated from Public Finance Department of the Faculty of Economics and Administrative Sciences in Dokuz Eylul University in 1995 and she started working as a research assistant in Public Finance Department in 1996. Starting her master education in 1995, she completed this process in 1997 by presenting her master thesis namely ‘Alternative Fiscal Policies in Determining the Limits of Government’. Hayal Ayca Simsek started doctorate process in 1998 and completed this process in 2003 by presenting her doctoral thesis namely ‘Constitutional Economics As An Alternative for Achie