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EXECUTIVE SUMMARY Political context. The political environment has been broadly stable, albeit the ongoing dispute with gold company Centerra is creating tensions. In September, the government and Centerra signed a memorandum of understanding which stipulated the exchange of 33 percent of the...
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the Kyrgyzstan's key trade partners such as Russia, Kazakhstan, and China. The government officially declared the country …'s sustainable development-oriented policy. For Kyrgyzstan as a country with its still high poverty level, particularly in rural …
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Kazakhstan, combined with high gold prices, contributed to an expansion in remittances and gold exports by 33 percent and 74 …
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from 7.7 percent of GDP in 1994 to 12.5 percent of GDP in 1995. The authorities encountered difficulties in raising … about 13.5 percent of GDP for the year as a whole. However, total budget revenues fell from 21 percent of GDP in 1994 to 16 … percent of GDP in 1995, reflecting a sharp decline in central bank profit transfers and food grants …
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