Minerals as a source of replenishment of the local budget
The publication describes the contents of tax and non-tax revenues received by the local budgets from exploration, production and development of mineral resources in the Kyrgyz Republic.
Under the general editorship Kozhoshev A.O., Ph.D., Associate Professor, Deputy Minister of Finance of the Kyrgyz Republic.
Compiled by: Tiuliundieva N.M., an expert on inter-budgetary relations of VAP.
Reviewer: Turdumambetova E.D., Ph.D., head of the Education department of EC of the Ministry of Finance of the Kyrgyz Republic.
The publication describes the contents of tax and non-tax revenues received by the local budgets from exploration, production and development of mineral resources in the Kyrgyz Republic. The regulations are supplemented by practical experience on the example of Kyrgyzstan. Firstly, theer is represented by subsurface use tax (royalty). Disclosed are new types of non-tax payments as contributions to the development and maintenance of infrastructure and local withholding payment for a license to use subsoil.
These materials are recommended for use in the trainings for representatives of local government, primarily specialists in financial and economic issues.
Training materials were developed in the frame of Strengthening Voice and Accountability of Citizens’ Participation and Oversight of Budget Processes Project in the Kyrgyz Republic which is funded by the Government of Switzerland in partneship with UK Department for International Development (DFID). Part of materials and case studies was kindly provided by the State Agency on Geology and Mineral Resources under the Government of the Kyrgyz Republic.
In partial reproduction or reprint of the publication there should be a reference to the source.