Publication:
Kyrgyz Republic : Update on the Mining Sector

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dc.contributor.authorWorld Bank
dc.date.accessioned2013-08-26T21:51:44Z
dc.date.available2013-08-26T21:51:44Z
dc.date.issued2002-09
dc.description.abstractThe study, discussed at large with the Government of the Kyrgyz Republic, outlines several development objectives envisaged for the mining sector, namely, to maintain production, and social well-being at existing "kombinats"; to create competitive legal, and fiscal conditions, attractive to private sector investment; to increase the value added of the sector in terms of taxes, jobs, and induced spin-off industries; to sustain the sector's socioeconomic, and environmental performance; to provide acceptable conditions for closure of non-viable operations; and, to create a professional organization of public institutions. However, and despite government efforts to achieve the objectives, the study finds most of these are not being met. On reviewing the macroeconomic indicators for the country's mining sector, though some have increased since 1994, by and large are deceiving: employment in the sector has decreased, and, tax revenues are actually negative, implying a subsidy by the central treasury to the sector. Virtually all growth in the sector results from the Kumtor gold mine opened in 1997. Notwithstanding external factors outside government's control (price of gold) the study finds poor performance in the sector is due to deficiencies in the policy, legal and regulatory framework, and fiscal and institutional conditions pertaining to the industry. Findings point at the fundamental error by the Government, in taking direct equity participation in mining ventures, suggesting new tax policies to invert the excessively generous tax concessions, i.e., to apply a value added tax. Moreover, a revision to the Mining Law is essential, to provide easier access for exploration rights, and mining titles, including new legislative proposals, while strengthening institutions, professional competencies, environmental protection, and, adopting the United Nations Reserve Resources Classification system.en
dc.identifierhttp://documents.worldbank.org/curated/en/2002/09/2011690/kyrgyz-republic-update-mining-sector
dc.identifier.doi10.1596/15358
dc.identifier.urihttps://hdl.handle.net/10986/15358
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectMINING SECTOR
dc.subjectMINERAL RESOURCES
dc.subjectMINING LAW
dc.subjectMINING POLICY
dc.subjectSECTOR INVESTMENT
dc.subjectSOCIOECONOMIC CONDITIONS
dc.subjectREGULATORY FRAMEWORK
dc.subjectINSTITUTIONAL CAPACITY
dc.subjectPRIVATE SECTOR DEVELOPMENT
dc.subjectPROPERTY RIGHTS
dc.subjectTAXATION
dc.subjectVALUE ADDED TAXES
dc.subjectTRAINING ASSISTANCE
dc.subjectENVIRONMENTAL CONDITIONS
dc.subjectFISCAL CONSTRAINTS
dc.subjectSUBSIDIES
dc.subjectEMPLOYMENT STATISTICS
dc.subjectGOLD MINES & MINING
dc.subjectGOVERNMENT PROTECTION
dc.subjectGEOLOGICAL EXPLORATION ACCESS TO MINERALS
dc.subjectACCOUNTING
dc.subjectADMINISTRATIVE PROCEDURES
dc.subjectAUDITING
dc.subjectAUDITS
dc.subjectBENEFICIATION
dc.subjectCADASTRE
dc.subjectCAPITAL MARKETS
dc.subjectCITIZENS
dc.subjectCLOSURE
dc.subjectCLOSURE OF OPERATIONS
dc.subjectCOAL
dc.subjectCORPORATE GOVERNANCE
dc.subjectCUSTOMS
dc.subjectDECREE
dc.subjectDISCLOSURE
dc.subjectDISCRIMINATION
dc.subjectDIVIDENDS
dc.subjectECOLOGY
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC POLICIES
dc.subjectEIS
dc.subjectEMPLOYMENT
dc.subjectENACTMENT
dc.subjectENVIRONMENTAL IMPACT
dc.subjectENVIRONMENTAL MANAGEMENT
dc.subjectENVIRONMENTAL PERFORMANCE
dc.subjectENVIRONMENTAL PROBLEMS
dc.subjectENVIRONMENTAL PROTECTION
dc.subjectEXPENDITURES
dc.subjectEXPLOITATION
dc.subjectEXPLORATION DRILLING
dc.subjectFERROUS METALS
dc.subjectFINANCIAL STRUCTURE
dc.subjectFISCAL
dc.subjectFISCAL CONDITIONS
dc.subjectFISCAL YEAR
dc.subjectFOREIGN INVESTMENT
dc.subjectGAS
dc.subjectGEOLOGICAL INFORMATION
dc.subjectGEOLOGY
dc.subjectGOLD
dc.subjectGOLD MINE
dc.subjectGOLD MINES
dc.subjectGOLD MINING
dc.subjectGOLD PRICES
dc.subjectGOOD GOVERNANCE
dc.subjectGOVERNMENT AGENCIES
dc.subjectGOVERNMENT AGENCY
dc.subjectGOVERNMENT DEPARTMENTS
dc.subjectGOVERNMENT EQUITY
dc.subjectGOVERNMENT INSTITUTIONS
dc.subjectGOVERNMENT OFFICIALS
dc.subjectGOVERNMENT OWNERSHIP
dc.subjectGOVERNMENT ROLE
dc.subjectGROSS REVENUE
dc.subjectGROSS REVENUES
dc.subjectIMPORTS
dc.subjectINCOME
dc.subjectINTERNATIONAL MINING
dc.subjectINVESTMENT CAPITAL
dc.subjectLAWS
dc.subjectLEGAL ENTITIES
dc.subjectLEGISLATION
dc.subjectLEGISLATIVE PROPOSALS
dc.subjectMANDATES
dc.subjectMARKET PRICES
dc.subjectMERCURY
dc.subjectMETALS
dc.subjectMINE CLOSURE
dc.subjectMINE CLOSURE ISSUES
dc.subjectMINERAL COMMODITIES
dc.subjectMINERAL DEPOSITS
dc.subjectMINERAL DEVELOPMENT
dc.subjectMINERAL EXPLORATION
dc.subjectMINERAL POLICY
dc.subjectMINERAL RESERVES
dc.subjectMINERAL RESOURCE
dc.subjectMINERAL RESOURCES
dc.subjectMINERAL RIGHTS
dc.subjectMINERAL SECTOR
dc.subjectMINERALS
dc.subjectMINERALS EXPLORATION
dc.subjectMINES
dc.subjectMINING COMPANIES
dc.subjectMINING COMPANY
dc.subjectMINING DEVELOPMENT
dc.subjectMINING ENTERPRISES
dc.subjectMINING INDUSTRY
dc.subjectMINING INVESTMENT
dc.subjectMINING LAW
dc.subjectMINING LAW AND REGULATIONS
dc.subjectMINING LEGISLATION
dc.subjectMINING OPERATION
dc.subjectMINING OPERATIONS
dc.subjectMINING POLICY
dc.subjectMINING PROJECTS
dc.subjectMINING REFORM
dc.subjectMINING REFORM PROGRAMS
dc.subjectMINING RIGHTS
dc.subjectMINING SECTOR
dc.subjectMINING SECTOR REFORM
dc.subjectMINING TAXATION
dc.subjectMINING TITLE
dc.subjectMINING TITLES
dc.subjectMOLYBDENUM
dc.subjectNATIONS
dc.subjectOIL
dc.subjectOIL AND GAS PRODUCTION
dc.subjectORE RESERVES
dc.subjectPAYBACK PERIOD
dc.subjectPENALTIES
dc.subjectPOLLUTION
dc.subjectPOLLUTION STANDARDS
dc.subjectPRECIOUS METALS
dc.subjectPRESIDENTIAL DECREES
dc.subjectPRIVATE MINING
dc.subjectPRIVATE MINING COMPANIES
dc.subjectPRIVATE SECTOR INVESTMENT
dc.subjectPRIVATIZATION
dc.subjectPRODUCERS
dc.subjectPUBLIC INSTITUTIONS
dc.subjectPUBLIC SECTOR
dc.subjectQUALITY STANDARDS
dc.subjectREFINING
dc.subjectREPRESENTATIVES
dc.subjectROYALTY
dc.subjectSCIENTIFIC KNOWLEDGE
dc.subjectSMALL SCALE
dc.subjectSMALL SCALE MINING
dc.subjectSOLID MINERALS
dc.subjectSTATE AGENCIES
dc.subjectSTATE AGENCY
dc.subjectSTATE INSTITUTIONS
dc.subjectSTATE-OWNED ENTERPRISES
dc.subjectSTREAMS
dc.subjectSUSTAINABILITY
dc.subjectSUSTAINABLE DEVELOPMENT
dc.subjectTAILINGS
dc.subjectTAX CONCESSIONS
dc.subjectTAX EXEMPTION
dc.subjectTAX LAW
dc.subjectTAX RECEIPTS
dc.subjectTAX REFORM
dc.subjectTAX REVENUES
dc.subjectTAXATION
dc.subjectTAXATION REGIME
dc.subjectTECHNICAL ASSISTANCE
dc.subjectTOXIC WASTE DUMPS
dc.subjectTRANSPARENCY
dc.subjectTUNGSTEN
dc.subjectURANIUM
dc.subjectURANIUM MINES
dc.subjectVALUE ADDED TAXES
dc.titleKyrgyz Republic : Update on the Mining Sectoren
dspace.entity.typePublication
okr.date.doiregistration2025-05-07T11:15:57.341335Z
okr.docurlhttp://documents.worldbank.org/curated/en/2002/09/2011690/kyrgyz-republic-update-mining-sector
okr.globalpracticeFinance and Markets
okr.globalpracticeGovernance
okr.guid683631468772187740
okr.identifier.externaldocumentum000094946_02092504033862
okr.identifier.internaldocumentum2011690
okr.identifier.report24709
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2002/10/04/000094946_02092504033862/Rendered/PDF/multi0page.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.countryKyrgyz Republic
okr.sectorEnergy and mining :: Mining and other extractive
okr.topicMining and Extractive Industry (Non-Energy)
okr.topicBanks and Banking Reform
okr.topicEnvironmental Economics and Policies
okr.topicGovernance::National Governance
okr.topicCultural Heritage and Preservation
okr.topicFinance and Financial Sector Development
okr.volume1
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