Kyrgyz Republic

Statut ITIE Inadequate progress / suspended
Joined EITI in 2007
Dernières données de 2017
Site Internet EITI Kyrgyz Republic
Last updated 5 June 2020

Overview

The Kyrgyz Republic has significant deposits of coal and gold which contribute significantly to the national economy. The 2015-2017 EITI Report reveals that while its mining sector has been ongoing for many years; extensive mineral developments began only in the last three decades. Since then the extractive industry has seen gradual GDP growth, reaching 10% in 2017.   

There are minor oil resources in southern parts of the country but gold extraction continues to be the biggest contributor to the Kyrgyz economy. The biggest gold mine - Kumtor - contributed 9.7% to the Kyrgyz GDP in 2017. The country has minor oil resources in southern parts of the country.

Read more on the national EITI webpage (RU).

Beneficial ownership disclosure

In May 2018, the Parliament of the Kyrgyz Republic adopted the Subsoil Law that requires public access to beneficial ownership information and imposes sanctions for non-reporting. The definition includes foreign governments as beneficial owners of companies.

In order to implement the register, the government signed an MoU with OpenOwnership to build a publicly accessible register, aligned with the global beneficial ownership open data standard. The data collected by OpenOwnership is available on the OpenOwnership Register. In September 2019, the State Committee on Industry, Energy and Subsoil Use (SCIESU) finalised the beneficial ownership bylaws which were submitted to the government for approval.

The SCIESU is considering reforming the existing license register to include beneficial ownership information. Currently, SCIESU collects information on company ownership in hard copies as a part of licensing procedures. The information is maintained in the archive of the license department of SCIESU.

Production

Gold and coal extraction are the main commodities produced in Kyrgyz Republic’s extractive sector. There are also deposits of other mineral resources, such as silver, copper, ferrum, mercury, fluorite, tin, tungsten, bismuth, plumbum, zinc, stibium, arsenic, molybdenum and terres rares. The 2015-2017 EITI Report details the location and estimated reserves of these resources.

In 2017, the Kumtor gold mine produced nearly 70% of total gold ore production in the country. Much of the gold is exported to countries such as Switzerland, United Kingdom, United Arab Emirates and Turkey, and contributed USD 700 380 thousand to the state budget in 2017.

According to the latest EITI Report, mining constituted more than half of the country’s industrial production and 10% of its GDP in 2017.

 

CommodityReservesUnitSignificance
Gold566tonsGold is a main mineral in Kyrgyzstan, contributing about 8% to the country’s GDP.
Coal2500MTProven coal reserves are 2500 though probable reserves are estimated twice this amount.
Silver481tons
Copper314500tons
Ferrum943500tons
Mercury39510tons
Fluorite2282300tons
Tin 186761tons
Tungsten117233tons
Bismuth5083tons
Plumbum 30000tons
Zinc17600tons
Stibium263986tons
Arsenic65200tons
Molydenum2523tons
Terres rares51500tons

Revenue collection

The Kyrgyz Republic is a centralised fiscal system. All revenues from extractive industries go to the state budget whilst local governments only collect property tax and land tax.  

Initializing chart.

Revenue allocation

The fiscal system in Kyrgyzstan is highly centralised. All revenues from extractive industries go to the state budget whilst local governments only collect property tax and land tax.  

Social and economic contribution

About 10% of national employment in 2017 was within the extractive industry. Most employees were engaged in basic metal production, mine coal, oil and natural gas production. The average monthly salary of extractive industry employees is more than three times higher than the national average.

Innovations

The Kyrgyz Republic EITI is exploring innovative approaches in several areas. The Government of Kyrgyz Republic is following the recommendations from the mainstreaming feasibility study, and the State Committee on Industry, Energy and Subsoil Use is working with Open Ownership on building a beneficial ownership register.

Implementation

The Kyrygyz Republic joined the EITI in 2007. In 2017, the country was found to have achieved inadquate progress in implementing the EITI Standard. View more information under the Validation section of this page or go to the Board's decision in full. Previously, the country was compliant under the 2011 Rules.

Governance

The EITI process is championed by Emil Osmombedov, Head of the State Committee on Industry, Energy and Subsoil Use. Karybek Ibraev, Deputy Chair Head of the State Committee on Industry, Energy and Subsoil Use chairs the national multi-stakeholder group (MSG) supervisory board. 

EITI related laws

The government commited to implement the EITI through the Resolution no.361 (May 2004)  which established the MSG. Resolution no.317 (Dec 2010) establishes the definition of materiality (companies required to report), further refinements to the reporting process, and governance of the MSG. The revised Law on Subsoil use, 17 September 2012, includes references to EITI.

The Law on Subsoil, amended in May 2018, mandates that extractive companies report according to the EITI Standard, and required companies to disclose their beneficial owners when applying for licenses.

Timeline

Kyrgyz Republic Implementation 2020

Validation

The Kyrgyz Republic was found to have achieved inadequate progress in implementing the EITI Standard. Previously, the country was compliant under the 2011 Rules. According to the Board decision, the Second Validation for the Kyrgyz Republic started on 2 October 2019. 

Kyrgyz Republic's progress by requirement

Nous recommandons l'utlisation d'Adobe Acrobat PDF reader pour accéder aux contenus et fonctions de ce document. Téléchargez le programme gratuitement ici : https://get.adobe.com/reader/