As NRGI gathers data in the effort to improve international benchmarks of national oil company performance and revenue management, figures from Extractive Industries Transparency Initiative reports are proving extremely valuable. This is especially the case in a number of African countries where state companies do not produce detailed financial reports on their own.
Yan Naung Oak is a 2017 School of Data fellow for NRGI Myanmar working on data literacy and data availability in the jade mining sector. Last year, he participated in NRGI's massive online open course, Natural Resources for Sustainable Development: The Fundamentals of Oil, Gas, and Mining Governance. These are his takeaways.
NRGI set out to collect total oil, gas and mining revenue data for the countries included in the Resource Governance Index to find out how many dollars flow to governments that mismanage the handling of their natural resources.
Since its independence from the Soviet Union, the Kyrgyz Republic has undergone more dynamic political development toward democracy compared to neighboring countries. However, it has not met its full economic potential. Continuing reform of its mining sector—identified as one of the five key strategic industries of the economy—is paramount.