The mining industry accounts for 9.5% of Kyrgyzstan’s GDP, Arkady Rogalsky, a World Bank data consultant, has said.
He noted that 41.2% of investment went to the mining sector, which accounted for 56.5% of the country’s industrial output.
According to Rogalsky, the Extractive Industries Transparency Initiative (EITI) in Kyrgyzstan dates back to 2004, based on a 2010 government decree.
“The EITI’s advantage for civil society is that it provides reliable and accessible information, and the supervisory board enables ongoing consultations and continuous dialogue with the government and companies. For the government, this represents a commitment to transparent public administration, the fight against corruption, independent assessment of mining sector profitability, and budget planning,” the expert said. (Kabar)