The value shares Centerra Gold Inc. on the Toronto Stock on 10.05.2021: 6.92 USD Value of Kyrgyzstan's shares in Centerra Gold Inc. : 535 620 220 USD

Contribution to the Economy

Payments within the Kyrgyz Republic

Contributions made within the Kyrgyz Republic in 2020 (including taxes, refining, domestic suppliers, infrastructure, charities, etc.) have exceeded US $ 344.680 million.

In all, contributions made within the Kyrgyz Republic between 1994 and 2020 have exceeded US $ 4.48 billion.

In USD millions 2020 1994 – 2020
Taxes, customs & other mandatory payments 132.986 1,440.667
Social Insurance Fund 18.091 249.771
Issyk-Kul Development Fund 10.113 88.543
Licenses & permits 0.399 5.051
Pollution tax and payments to the Environment Protection Agency 0.310 6.229
Payments to Kyrgyzaltyn 0.389 14.441
Refinery 5.879 71.094
Revenue from the sale of Centerra shares 86.000
Dividends 9.927 103.242
Purchases in the Kyrgyz Republic:
– supplies & services 61.054 952.650
– foods 3.518 81.559
Kyrgyz-infrastructure-related payments:
– electricity 11.645 217.260
roads outside the mine site 1.316 49.021
Tamga-Kumtor power-transmission line 41.612
KGC employees’ net wage 66.043 907.109
Sanatoria treatment 0.744
Education, scholarships & training 0.020 6.836
Sponsorships & sustainable development projects 2.289 34.926
Government contributions 31.000
Settlements 17.000 29.000
Contribution to Nature Development Fund 3.700 64.800
Payments to communities 4.400
Total 344.680 4,485.95

 

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 2020 was 12.5%;
  • Kumtor’s share in the aggregate industrial output was 23.3%.

 

Kumtor’s contribution to the economy of KR can be found here

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The value shares Centerra Gold Inc. on the Toronto Stock on 10.05.2021: 6.92 USD USD Value of Kyrgyzstan's shares in Centerra Gold Inc. : 535 620 220 USD
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