Zhantoro Satybaldiyev

Zhantoro Satybaldiyev is a Kyrgyz politician who has been Prime Minister of Kyrgyzstan since September 5, 2012.

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Zhantoro Satybaldiyev (born 6 March 1956) is a Kyrgyz politician who has been Prime Minister of Kyrgyzstan since September 5, 2012.[1]

Prime Minister

The Parliament of Kyrgyzstan elected Zhantoro Satybaldiyev as Prime Minister on September 5th, 2012 by a 111-2 margin. His election came after the coalition of the previous Prime Minister Omurbek Babanov collapsed in August, following allegations of corruption and a sharp contraction in 5% contraction in GDP between January and July of 2012.[2]

Domestic Policy

Widely seen as a technocrat, Satybaldiyev was elected to restore order and bring back investment and confidence to Kyrgyzstan.

Kumtor mine

One of the most pressing issues of the Prime Minister has faced is the growing calls for the nationalization by the Ata-Zhurt party of the Kumtor mine. The gold mine owned by the Canadian Canterra Gold, is one of the most important contributors to Kyrgyzstan's economy contribution nearly 12% to the national GDP. The economic contraction that had been seen over the previous months, was largely in response to a drop in output by the mine. The Prime Minister faced growing criticism from the poorer, more nationalist south of the country, especially from Jalal-Abad. [3] However, the Satybaldiyev traveled to the mine on October 1st, 2012 and gave assurances that it would not be nationalized. Some observers noted that to make good on promises of reducing poverty, that nationalization of this company was a non-starter.