Head of Centerra Gold is expected to visit Kyrgyzstan at the end of November. The Government will discuss with him payment of dividends. The Prime Minister of Kyrgyzstan Mukhammedkaly Abylgaziev announced today at a meeting of the Parliament.
«Under the agreement, $ 126 million will be transferred to the budget, and $ 24 million will be spent on exploration. We raise issue of dividends. They have not been paid since 2016. The President of Centerra Gold will come; we will raise the issue in order the dividends to be paid annually. In addition, the reclamation fund has accumulated $ 40 million. They say they will pay part of the funds. We insist on payment of the whole amount. The government will be a guarantor of safety of the funds. They will be spent on development of the economy. When the mine closes and reclamation begins, we will transfer funds from the budget,» said Mukhammedkaly Abylgaziev.
The head of the Cabinet promised to fully report to the deputies on Kumtor issue in December 2019.