Natural resources include oil and natural gas, coal, gold, uranium, iron, bauxite, copper and tin. The country depends heavily on the gold industry with gold accounting for around 40% of total exports. 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.
Sources: CIA World Factbook, EITI
EITI status: Compliant
Visit the Kyrgyz Republic’s EITI page
Last Update 10.06.10
The first EITI Reconciliation Report for the year 2008 was agreed by the MSG and formally presented at an EITI conference in September 2009. Guests from Kazakhstan, Azerbaijan and Tajikistan attended the conference, which focused on EITI Validation in Kyrgyzstan. Participants shared their general experiences of the EITI implementation processes, discussing discrepancies that appeared in the Kyrgyz report, the time line to undergo Validation and the need to improve the communication strategy on EITI-related topics.
Since December 2009, thorough work has been done by the national EITI secretariat hosted by the Agency of Geology and Mineral Resources. The NGO Consortium (affiliated to the PWYP network) on EITI promotion in Kyrgyzstan was responsible for an essential part of that work, engaging in discussions and providing recommendations on the indicators assessed by the draft EITI Validation report. On 18-25 January 2010, the Validator (Coffey International) met with all national stakeholders in order to prepare its report on EITI implementation in Kyrgyzstan.
The National EITI Secretariat has observed that some of the current Validation indicators require clarification and further refinement. During an NGO Consortium meeting held on March 26 2010, the working group expressed concerns about possible contradictions between some of the indicators in their current draft form. Validators are following up, to seek additional clarification on these points.
A key recommendation made by the NGO Consortium was the need for disaggregated reporting, as well as greater transparency in the licensing of mining companies.
Thanks to the EITI Board’s recent approval for an extension of the Validation deadline in Kyrgyzstan (until 9th September 2010), the country can continue to push ahead, given the impressive progress it has made over the past months: going from initially six to (at present) 27 EITI implementing companies; reconciling the EITI reports, and transposing several stakeholders’ recommendations. One concrete reform still to be seen is the reduction of the National Supervisory Council to 16 members, representative of all constituencies: five state representatives, five from the civil sector and five company envoys.