While there are some improvements in Kyrgyzstan’s performance compared to 2018, further steps must be taken to build on the work done. Attention should be given to enhancing the country’s regulatory effectiveness and better communicating its energy vision and policies.
Among the three risk areas, breach of State obligations and discrimination between foreign and domestic investors remain lower compared to unpredictable policy and regulatory change.
Kyrgyzstan’s performance is good on of the two EIRA indicators. It is moderate on one indicator and low on the other. Its score on rule of law has improved by 5 points and now stands at 73. On management of decision-making processes and regulatory environment and investment conditions the score remains the same as last year at 72 and 54, respectively. The indicator foresight of policy and regulatory change has improved from 38 to 40 points.
On a more detailed level, Kyrgyzstan’s overall subindicator performance is moderate. Management and settlement of investor-State disputes is the highest-scoring sub-indicator this year with 95 points, followed by transparency, again with 81 points. The score for restrictions on FDI remains the same (70). There has been no alteration in the performance on institutional governance (63), robustness of policy goals and commitments and respect for property rights (both at 50). Regulatory effectiveness and communication of vision and policies continue to be the lowest-scoring subindicators with 39 and 31 points, respectively.