The Kyrgyz Republic has substantial deposits of coal, gold, and uranium. With 18,5 tonnes of gold produced in 2011, gold mining remains essential for the Kyrgyz economy. According to the 2011 EITI Report, mining constituted about 15% of budget revenues, about 15% of GDP and 53% of total volume of exports for the Kyrgyz Republic.
Implementation activities in Kyrgyzstan are currently focused on developing a revised EITI workplan aligned with the EITI Standard. A consultation process has been launched to identify EITI priorities for each stakeholder group. Work on the 2012 EITI Report is on track with expeced publication in November 2013. As in preivous years, this report will contain some contextual information about the extractive industry, including production volumes and information about extractive industry licenses. Building trust between government, companies and civil society is a key issue in Kyrgyzstan. A summary 2011 EITI Report has been produced to better explain the revenues from the sector and how the sector works. The NGO Three of life also hosts an online forum for discussing natural resource governance, including EITI.
In June 2011, the government of the Kyrgyz Republic decided to establish the Fuel and Energy Sector Transparency Initiative (FESTI), partially modelled on the EITI. FEISTI aims to increase transparency and accountability in the energy sector. It has its own Supervisory Board and a secretariat located within the Ministry of Energy.
The EITI Reports include payments to the social fund and environmental charges.