Kyrgyzstan's mining sector brings 46.5 billion soms to budget
Translated from Russian, summarized and contextualized by DistantNews.
At a glance
- Kyrgyzstan's mining sector contributed 46.5 billion soms to the state budget in the first half of 2026.
- This represents a significant increase from 28.3 billion soms in the same period of 2025, marking a growth of 18.2 billion soms.
- The Ministry of Natural Resources reported success in collecting license retention fees, exceeding the annual plan by 22.85%.
Kyrgyzstan's mining industry has emerged as a major revenue generator, contributing 46.5 billion soms to the state budget in the first six months of 2026. This figure represents a substantial leap from the 28.3 billion soms collected during the same period in 2025, indicating an impressive growth of 18.2 billion soms.
The Ministry of Natural Resources, Ecology, and Technical Supervision announced these results during a board meeting reviewing the first half of the year. The significant increase in revenue highlights the growing importance of the mining sector to the Kyrgyz economy and its fiscal health.
Notably, the ministry achieved remarkable success in administering license retention fees (LRF). By June 30, 2026, LRF collections reached 461.1 million soms. This figure surpasses the approved annual plan of 375 million soms by a considerable margin of 22.85 percent.
The over-fulfillment of the LRF plan resulted in an additional 85.7 million soms in revenue beyond the projected annual target. These figures underscore the effectiveness of the ministry's administrative efforts and the robust performance of the mining companies operating within the country.
Originally published by 24.kg in Russian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.