"I'm Scared." Representatives of the Textile Industry on What Awaits Them in the Near Future

The situation with the supply of goods in the sewing industry of Kyrgyzstan raises significant concerns. The problems are not limited to issues of business legality. Even companies with all the necessary documents face difficulties, including receiving payment for their products. Kaktus.media had a conversation with Gulzeil Mansurova, the founder of the Bioro Zeil & Coco brand, about the current challenges in the sewing industry and how the crisis is affecting the entire sector.

IMF: Kyrgyzstan is Among the World Leaders in GDP Growth Rates

Photo of the Cabinet of Ministers of the Kyrgyz Republic. Subir Lall and Daniyar Amangeldiev Today, during a meeting with the First Deputy Chairman of the Cabinet of Ministers of the Kyrgyz Republic, Daniyar Amangeldiev, Subir Lall, Deputy Director of the IMF's Middle East and Central Asia Department, reported that by the end of 2024, Kyrgyzstan ranked among the world leaders in terms of real GDP growth rates. The discussion focused on the current macroeconomic situation in the country,

The State Financial Supervision has revoked the certificates of three mining companies.

The State Financial Supervision, responsible for regulation and control in the financial sector, has decided to suspend the certificates allowing industrial mining activities for three organizations. According to the information provided by the agency, this decision is based on the Procedure for the registration and issuance of certificates for mining activities, established by the Cabinet of Ministers Resolution No. 514 dated September 16, 2022, as well as on paragraph 13 of the Regulation on

A Chinese company will develop a modern bonded zone for Manas Airport.

Photo courtesy of the airport press service A delegation from the Chinese company ZTO Cloud Warehouse Science and Technology Co., Ltd. visited Kyrgyzstan. During the meeting with representatives of the OJSC "Airports of Kyrgyzstan," plans for the creation of a modern bonded zone at the Manas International Airport were discussed, as reported by the press service of the country's air harbor. “The arrival of our Chinese partners marks the transition of our cooperation, initiated

The price of Bitcoin has sharply dropped

The price of Bitcoin has fallen below the mark of 85 thousand dollars, according to information from Investing.com. As of 11:17 Moscow time, the value of this cryptocurrency was 84,707 dollars. According to Bankiros, since the beginning of trading, Bitcoin has lost more than 6 thousand dollars, and over the past month, its price has decreased by almost 25 thousand dollars. It is worth noting that on November 18, the price of Bitcoin fell below 90 thousand dollars for the first time since

"Revenue Increased". The GNS Reported on the Implementation of the "Bazar" System at "Dordoi"

From March 15 to August 15, 2025, a pilot project was conducted at the "Dordoy" market, within which the "Bazaar" system was developed. This digital platform significantly facilitates interaction between entrepreneurs, tax authorities, and banks, as well as promotes more effective tax administration and the creation of favorable conditions for business. It is important to note that the market administration became a tax agent responsible for accounting and controlling the

In Kyrgyzstan, control over miners and the crypto sector is being strengthened

In Kyrgyzstan, the State Financial Supervision Agency has presented a new set of legislative changes aimed at increasing transparency in the crypto sector, enhancing control, and reducing the risks of money laundering. These changes were approved at a cabinet meeting. Combating Shadow Activities and Minimizing Risks The measures adopted have significantly tightened the requirements for cryptocurrency trading and exchange operators, allowing local regulations to align with international

Leaders in Gold Purchases Among Countries Named

According to data from the World Gold Council, Poland and Kazakhstan have become the main buyers of gold since the beginning of this year, as reported by BestBrokers. Poland purchased 67.1 tons of the precious metal, while Kazakhstan bought 32.4 tons. China ranks third with 22.7 tons of gold in its reserves.

Violations Found in Land, Capital, and Project Works at the Ministry of Emergency Situations

The Audit Chamber of the Kyrgyz Republic conducted an audit, during which the results of the budget execution of the Ministry of Emergency Situations and its subordinate organizations for the years 2023–2024 were examined. As a result of the audit, numerous violations in the use of budgetary funds, as well as in project implementation and legal matters, were identified.

Assets of microfinance organizations in Kyrgyzstan reached 71.2 billion soms

As of September 30, 2025, the microfinance organizations (MFO) sector in the Kyrgyz Republic has shown impressive results over the past 9 months. The National Bank of the KR reported that all key indicators demonstrated positive changes compared to the data from the end of 2024. The main growth indicators include:

The Audit Chamber checked the Ministry of Emergency Situations and found financial violations amounting to 210 million soms

The Audit Chamber of Kyrgyzstan conducted an audit of the budget execution of the Ministry of Emergency Situations and its subordinate structures for the years 2023-2024, resulting in the identification of various violations. The press service of the agency reported this. Key Violations: The audit revealed that the Ministry of Emergency Situations created and used a separate budget estimate for centralized activities, which contradicts current legislation and budget planning rules. It was also

In Kyrgyzstan, changes to the accounting of imported goods within the EAEU are being discussed.

The Cabinet of Ministers of the Kyrgyz Republic has initiated a public discussion on a project concerning changes to the rules for accounting goods imported from the countries of the Eurasian Economic Union. This project proposes to supplement existing norms with new provisions regarding the formation of a registry of reputable participants in foreign economic activity. It will include legal entities and individual entrepreneurs who meet the established criteria of good faith.

In Kyrgyzstan, the Digital Farmer Hackathon 2025 will take place on November 27.

On November 27, the Digital Farmer Hackathon 2025 will take place in Kyrgyzstan — a significant event in the field of technology aimed at the digitalization of the agricultural sector, the Ministry of Agriculture reported.

Implementation of the "Bazar" System: 727 Million Soms in Taxes Collected in 10 Months

The State Tax Service of the Kyrgyz Republic has summarized the results of the implementation of the information system "Bazar" in the territory of the "Dordoi" trade complex. In accordance with the decree of the President of the Kyrgyz Republic Sadyr Japarov on conducting pilot projects for tax administration, the Tax Service initiated this project from March 15 to August 15, 2025.

Bitcoin Continues to Decline

The price of Bitcoin continues to decline, according to data from the cryptocurrency platform Binance. Recent price drops have pushed the value of Bitcoin below the $85,500 mark. This decline is part of a broader downturn in the cryptocurrency market.

Trade War. China has become Germany's main trading partner again.

According to information provided by DW, China has once again become a key trading partner for Germany, a consequence of the tariffs imposed by Donald Trump. From January to September 2024, imports of Chinese goods to Germany increased by 8.5%, amounting to 124.5 billion euros. At the same time, exports of German goods to China decreased by 12.3%, reaching 61.4 billion euros. Last year, the United States surpassed China, which had been Germany's leading trading partner from 2016 to 2023.

Exchange rates in commercial banks on November 21

As of November 21, the exchange rates for foreign currencies set by the National Bank of Kyrgyzstan are as follows: The dollar is worth 87.45 soms, the euro — 100.7 soms, and the ruble — 1.8 soms.

Flying taxis will appear in Russia

The Ministry of Transport of the Russian Federation has confirmed the information about the launch of flying taxis in the country.

The authorities made changes to the decree on support for small businesses and tax control

The President of the Kyrgyz Republic, Sadyr Japarov, has signed a new decree that amends the document concerning support for small enterprises and the creation of favorable conditions for tax and customs regulation. The main goal of these changes is to optimize the process of state registration of legal entities and clarify the powers of state bodies.

President: Kyrgyzstan will completely emerge from the energy crisis by 2028

President Sadyr Japarov in Bishkek, at the event for the laying of the capsule for the construction of the residential area "Altai," met with local residents and discussed changes in the energy sector that have occurred over the past few years. During the conversation, one citizen living in the suburbs raised the issue of frequent power outages. In response, the president stated that without the large-scale modernization carried out over the past four years, Kyrgyzstan would continue

In the government project for agricultural financing, 6,487 loans have been issued

According to the decree of the Cabinet of Ministers of the Kyrgyz Republic, approved on February 14, 2025, under number 80-r, a project called "Agricultural Financing - 13" was launched. As reported by the press service of the Ministry of Agriculture, this initiative provides for the allocation of loans at 10% interest for a total amount exceeding 4 billion 92 million soms. According to the information from the agency, the loan term for the areas of "animal husbandry,"

Exchange rates at the Moscow City Council on the morning of November 21

As of the morning of November 21, the exchange rates at the Moskovsky Soviet are presented as follows:

Kara-Keche is operating at maximum capacity, but there is still little coal: expert opinion

Duyshenbek Kamchybekov, chairman of the Association of Miners and Geologists of Kyrgyzstan, explained why there is a shortage of coal this heating season, despite the increase in its production in the country.

The expert stated about the failure of digitalization in international transportation of the Kyrgyz Republic.

Economist Nurgul Akimova emphasized at the CARSE business forum that international passenger transport in Kyrgyzstan remains the only element of the transport infrastructure that has not been covered by state digital services.

A Business Council on Children's Issues Established in Kyrgyzstan

On this day, which symbolizes global brotherhood and the protection of children's rights, the organized UNICEF representation in Kyrgyzstan announced the establishment of the Business Advisory Council for Children (BACC). This new association, which has become the first such platform in the country, brings together business leaders, experts, and multi-sectoral structures to protect children's rights and their well-being. The first composition of the council includes international

Transportation of timber from Russia to Kyrgyzstan will be with navigation seals

Starting from February 1 of next year, a pilot project will begin using navigation seals to monitor the transportation of certain types of timber from Russia to Kazakhstan and Kyrgyzstan. This was reported by the Eurasian Economic Commission (EEC). As part of this pilot project, heavy trucks leaving Russia will not be required to be equipped with the GLONASS system. Instead, navigation seals will monitor the route and condition of the cargo in real time.

The Ruble and Tenge Continue to Rise, Euro to Fall. Exchange Rates as of November 21

Photo from the internet. The euro continues to fall, reaching its lowest values since the beginning of November According to data from the National Bank of Kyrgyzstan and exchange offices in Bishkek, there is an increase in the exchange rate of the Russian ruble and the Kazakh tenge, while the euro and the Chinese yuan are losing value. The dollar exchange rate remains stable. US Dollar Rate:

Exchange rates for November 21

The official exchange rates for November 21 were published by the National Bank. USD — 87.4500 (remained at the same level) EUR — 100.7511 (decrease) RUB — 1.0852 (increase) KZT — 0.1688 (increase) CNY — 12.2883 (decrease) In commercial banks, the average purchase price of the US dollar is 87.22 soms, and the sale price is 87.65 soms.

ADB invests over $10 billion in Central Asian countries

Photo courtesy of the Ministry of Economy The Asian Development Bank (ADB) has announced its intention to invest over $10 billion by 2030 to support projects and initiatives under the Central Asia Regional Economic Cooperation (CAREC) program. This will be a significant step towards creating a sustainable and digital region. The Ministry of Economy's press service reported this event. ADB President Masatsugu Asakawa emphasized: “Our goal within the framework of CAREC is clear: we strive

Nearly 1 million tons of coal prepared for the population: plan completed at 96.6%

The Deputy Chairman of the Cabinet of Ministers of the Kyrgyz Republic, as well as the Minister of Water Resources, Agriculture, and Processing Industry, Bakyt Torobaev, announced the need to stockpile 3,174,792 tons of coal to prepare the population and economic sectors for the autumn-winter season of 2025–2026. Of this amount, 309,415 tons are required for budgetary organizations, of which 203.54 thousand tons have been secured so far, which constitutes 89% of the plan's fulfillment for

Meat prices in Kyrgyzstan continue to rise. Where is it happening the fastest?

According to the price monitoring conducted by the National Statistics Committee, from October 20 to November 20, the average cost of beef increased by 12.3 soms, lamb by 15.67 soms, while horse meat decreased by 12.63 soms. As of October 20, the average price per kilogram of beef was 711.20 soms. The highest increase over the month was observed in Toktogul, where the price reached 680 soms (+8%), in Karakol - 682.49 soms (+6.2%), and in Tokmok - 706.65 soms (+5.4%).

Kyrgyzstan Strengthens Price Control: Export of Livestock Banned and Social Sales Points Expanded

Trade between Kyrgyzstan and China has already exceeded last year's total figures.

According to data published by the General Administration of Customs of China, the trade turnover between Kyrgyzstan and China from January to October 2025 amounted to $23 billion 570.2 million. This figure has already exceeded the total for the entire previous year, when the trade volume was $22 billion 709.1 million, which is an increase of 3.7%.

One Type of Lending is Gaining Popularity in Kyrgyzstan

According to data presented by the National Bank, the volume of financing based on Islamic principles in Kyrgyzstan has increased by an impressive 82.4% from December of last year to September 30 of this year. In total, citizens received 16.5 billion soms in the form of loans that comply with Islamic norms.

What is happening with the re-export of cars to Russia through Kyrgyzstan?

According to Sergey Tselikov, the general director of the agency "Autostat," from January to October of this year, the import of new passenger cars into Russia decreased by 64% compared to the same period last year. As for transit through Kyrgyzstan, it has decreased by 52.5% this year, totaling 32,500 passenger cars. Thus, Kyrgyzstan's share in the overall volume of car imports in Russia is just over 11%.

The situation with fuel supplies is under control: necessary reserves are available at oil depots – Torobaev

The work on supplying the country with fuel and lubricants is actively ongoing, as reported by Bakyt Torobaev, Deputy Chairman of the Cabinet of Ministers and Minister of Water Resources, Agriculture, and Processing Industry. He emphasized that all oil depots in the republic currently have the necessary reserves of fuel and lubricants. “The Cabinet of Ministers, together with oil traders, is negotiating with state bodies and oil refineries in Belarus, Azerbaijan, and Kazakhstan, which allows

In Kyrgyzstan, 50 million USDKG tokens backed by gold have been issued

Photo by the Administration of the President of the Kyrgyz Republic. 50 million USDKG tokens have been launched in Kyrgyzstan The official launch ceremony of the first issuance of the national stablecoin USDKG took place with the participation of President Sadyr Japarov. This digital token, backed by physical gold and pegged to the US dollar, was presented by the president's press service. During the event, participants pressed the "Launch Emission" button, thereby initiating

All energy facilities are ready for winter – Torobaev

Bakyt Torobaev, Deputy Chairman of the Cabinet of Ministers and Minister of Water Resources, Agriculture, and Processing Industry, shared information on how various sectors of the economy and the population were prepared for the autumn-winter period of 2025–2026. According to him, additional monitoring was conducted by state and local authorities, as well as energy companies. All planned activities for winter preparation have been fully completed.

Real Estate Market: Which Properties Increased in Price in Bishkek in October

In October of this year, changes in average prices for major categories of real estate are observed in Bishkek. This data was provided by the State Agency for Land Resources, Cadastre, Geodesy, and Cartography. Average real estate prices in Bishkek for October:

The U.S. Treasury Department has imposed secondary sanctions against a company from Uzbekistan

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has updated its sanctions list, adding the Uzbek company Datavice MCHJ. The new measures were introduced in response to the company's alleged connections with the Russian Aeza Group, which has previously been sanctioned. According to U.S. authorities, Datavice MCHJ is suspected of providing hosting services to cybercriminals who carry out attacks on targets in the U.S. and other countries. There are also

Kyrgyzstan — an alternative bridge between Western China and the EAEU, says expert

With the onset of the special military operation, global logistics has undergone significant changes. As a result, Russia is redirecting its foreign trade flows towards eastern directions and strengthening the importance of land routes connecting it with China. This was stated by Nikita Filin, Dean of the Faculty of Oriental Studies and African Studies at the Institute of Eurasian and Eastern Studies of RGGU and Doctor of Historical Sciences, at the I International Scientific and Expert Forum

Prices for coal checked at sales points in the city of Tokmok

A joint inspection by the mayor's office and the Antimonopoly Service was conducted in Tokmok at coal sales points and warehouses. According to information from local authorities, no violations of the law were found during the raid. Experts conducted explanatory work, explaining the necessity of adhering to legal norms and maintaining stable prices for goods. Such activities will continue in the future.

Askar Sydykov: The Kyrgyz Republic Should Leverage Interest in the CA for Logistics Development

Askar Sydykov, head of the International Business Council (IBC), spoke at the CAREC business forum taking place in Bishkek. He noted that Kyrgyzstan should actively leverage the growing interest in Central Asia to attract investments, particularly within the framework of the initiative to create a "Central Asian Regional Logistics Hub." Sydykov emphasized that the current situation presents unique opportunities that must be wisely utilized.

Minvodselprom is looking for champions among farmers

In Kyrgyzstan, preparations are starting for the annual forum "Agrodialog," which will take place in 2026. The event invites 40 expert farmers from different regions of the country: 20 in the field of crop production and 20 in livestock. The relevant information was disseminated by the press service of the Ministry of Water Management and Agriculture of the Kyrgyz Republic. The main goal of the forum is to exchange experiences among specialists in grain crops, technical plants, as

Farhad Asif: "Kyrgyzstan Can Become a Hub - If There Is Political Will"

Dr. Asif, the owner of a magazine in Pakistan, who works at a major research institute for peace and is the mother of two teenagers, visited Kyrgyzstan for the first time. Although she dreamed of seeing snow in the mountains, her tight schedule did not allow her to leave the city. Nevertheless, Dr. Asif hopes for a return visit to get to know the natural beauty of the country better.

In Naryn Region, industrial production amounted to nearly 11 billion soms over 9 months

Over nine months, the total value of industrial production in the Naryn region amounted to 10 billion 701 million soms. This was reported at a meeting of the board where the results for the specified period were discussed. According to the information, this figure increased by 6 billion 735 million soms compared to the same period last year.

Exchange rates at the Moscow City Council on the morning of November 20. How much is the dollar?

As of the morning of November 20, the exchange rates for foreign currency at the Moskovsky Soviet exchange offices are as follows:

The Ministry of Agriculture explained what affects food prices in Kyrgyzstan

Uran Chekirbaev, head of the food security department of the Ministry of Water Resources, Agriculture, and Processing Industry of the Kyrgyz Republic, discussed numerous factors affecting the pricing of socially significant products in an interview on Birinchi Radio. He also touched upon the level of food security in the country. According to him, price increases are observed not only for staple products. Chekirbaev noted that the economic situation should be assessed as a whole — the