The value shares Centerra Gold Inc. on the Toronto Stock on 04.08.2020: 12.55 USD Value of Kyrgyzstan's shares in Centerra Gold Inc. : 971 392 163 USD

Contribution to the Economy

Payments within the Kyrgyz Republic

Contributions made within the Kyrgyz Republic in 2019 (including taxes, refining, domestic suppliers, infrastructure, charities, etc.) have exceeded US $ 366.899 million. In all, contributions made within the Kyrgyz Republic between 1994 and 2019 have exceeded US $ 4.14 billion.

In USD millions 2019 1994 – 2019
Taxes, customs & other mandatory payments 114.752 1,307.681
Social Insurance Fund 22.555 231.681
Issyk-Kul Development Fund 8.485 78.430
Licenses & permits 0.429 4.652
Pollution tax and payments to the Environment Protection Agency 0.310 5.919
Payments to Kyrgyzaltyn 0.313 14.052
Refinery 5.141 65.215
Revenue from the sale of Centerra shares 86.000
Dividends 93.315
Purchases in the Kyrgyz Republic:
– supplies & services 56.849 891.596
– foods 4.175 78.041
Kyrgyz-infrastructure-related payments:
– electricity 13.062 205.615
roads outside the mine site 1.549 47.705
Tamga-Kumtor power-transmission line 41.612
KGC employees’ net wage 71.724 841.066
Sanatoria treatment 0.744
Education, scholarships & training 0.091 6.816
Sponsorships & sustainable development projects 1.364 32.637
Government contributions 31.000
Settlements 66.100 73.100
Payments to communities 4.400
Total 366.899 4,141.28

Kumtor’s Impact on the Macroeconomic Performance of the Kyrgyz Republic According to preliminary reports of the Kyrgyz Republic National Statistics Committee,

  • Kumtor’s share in Kyrgyz Republic’s GDP in 2019 was 9.8%;
  • Kumtor’s share in the aggregate industrial output was 20.8%.
  • Kumtor’s contribution to the economy of KR can be found here
The value shares Centerra Gold Inc. on the Toronto Stock on 04.08.2020: 12.55 USD USD Value of Kyrgyzstan's shares in Centerra Gold Inc. : 971 392 163 USD
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