Kyrgyzstan releases 2009 EITI Report

On 9 August 2011 Kyrgyzstan published its third EITI report covering company payments and government revenues from the oil, gas, and mining industries in 2009. According to the report, the government of Kyrgyzstan collected US$ 96,241,362 in taxes and other charges. 26 companies disclosed their payments in the report. Tax payments by these companies represent 6.8% of total government tax revenue, an increase of 64% over the previous year. According to Kyrgyzstan EITI, this figure is expected to increase further in 2010. Gold mining is the largest extractive industry in the country and represents 85.4 % of the revenues disclosed in the 2009 report. 

According to the report, Kyrgyzstan is currently exploring the possibility of extending EITI reporting to the fuel and energy sector. They state this would further enhance transparency and public participation in monitoring, management and regulation of the energy sector. A Fuel and Energy Sector Transparency Initiative (FESTI) Supervisory Board was recently established for this purpose.

For further information, please visit the Kyrgyzstan country page, or contact EITI Regional Director Sam Bartlett at the EITI International Secretariat.