Economy

The National Bank has improved its forecast for GDP growth in Kyrgyzstan in 2026

According to the monetary policy report, the National Bank expects that real GDP will grow by about 10% in 2026. This is confirmed by data on stable economic growth over the past three years. In the National Bank of the Kyrgyz Republic, it is emphasized that the real sector of the economy will continue to demonstrate positive growth rates, thanks to high indicators from previous years.

11.03.2026, 16:24
Economy

In Bishkek, a decrease in apartment prices has been recorded

According to the data provided by the State Agency for Land Resources, Cadastre, Geodesy, and Cartography (GASRKG), the average cost per square meter in apartments in Bishkek in February was 95,458 soms. Compared to February 2025, the price per square meter decreased by 8,007 soms, which is 7.7%.

11.03.2026, 15:59
Economy

The President urged deputies to support domestic producers

During the meeting of the Jogorku Kenesh on March 11, Deputy Aigul Karabekova noted that there is only one factory in Kyrgyzstan producing syringes, capable of manufacturing up to 500,000 units of product per year. However, according to her, out of the 1.6 million syringes needed for state hospitals in 2025, only 1.4% were purchased from this domestic manufacturer. "This means that financial resources are going abroad," she added.

11.03.2026, 14:37
Bridge, Roads, and Tunnel: How the Construction of the Kambarata HPP-1 is Progressing
Economy

Bridge, Roads, and Tunnel: How the Construction of the Kambarata HPP-1 is Progressing

In Kyrgyzstan, the implementation of one of the most significant energy projects — the Kambarata HPP-1 — continues. This facility has strategic importance for enhancing the country's energy independence, reports the press service of the Ministry of Energy. With the launch of the station, which will have a capacity of 1860 megawatts, it will become the largest hydropower facility in the republic, thereby providing conditions for stable economic growth.

11.03.2026, 14:34
Economy

YouTube Surpassed Hollywood and Earned More from Advertising Last Year than Media Giants

According to data from Moffett Nathanson, in 2025, YouTube surpassed leading Hollywood media giants in advertising revenue for the first time, earning $40.4 billion. At the same time, the combined advertising revenue of Disney, NBCUniversal, Paramount, and Warner Bros. Discovery amounted to $37.8 billion, reports TechCrunch. This sharp change occurred in just one year: in 2024, YouTube recorded revenue of $36.1 billion, while the mentioned companies earned $41.8 billion. Analysts claim that

11.03.2026, 14:04
The "Dostuk" Pumping Station Requires 53 Million Som for Modernization
Economy

The "Dostuk" Pumping Station Requires 53 Million Som for Modernization

During the visit, the minister drew attention to the work of the pumping station "Dostuk," which provides irrigation for over 1600 hectares of agricultural land. The station, which was put into operation in 1970, draws water from the Naryn River. However, currently only the first section is operational. To launch the second section and significantly increase the volume of water supply, serious modernization is required. According to preliminary estimates, more than 53.5 million soms

11.03.2026, 13:50
The first national plowing championship will take place in Kyrgyzstan.
Economy

The first national plowing championship will take place in Kyrgyzstan.

As part of the preparation for the final grand show, preliminary qualifying rounds will take place in various regions of the country. Participants will demonstrate their skills in equipment management and precision soil cultivation. Local self-government bodies and district agricultural development departments are providing support to the organizers.

11.03.2026, 13:39
GNS: The New "Salyk Kuzot" System Strengthened Business Data Analysis
Economy

GNS: The New "Salyk Kuzot" System Strengthened Business Data Analysis

The "Salyk Kyzot" system plays a key role in enhancing transparency in tax administration. This innovation combines several previously independent modules into a single platform. The Deputy Chairman of the State Tax Service of the Kyrgyz Republic, Kubanychbek Isabekov, shared these innovations in an interview on "Birinchi Radio".

11.03.2026, 13:26
Fuel prices in Kyrgyzstan may rise. What about the quotas?
Economy

Fuel prices in Kyrgyzstan may rise. What about the quotas?

According to the agreement, fuel from Russia enters the country duty-free and at prices below the world average. According to the Association of Oil Traders of Kyrgyzstan, the price of fuel may increase by 2.5-3 soms per liter. This increase is related to a rise in wholesale prices in Russia by up to 19%. Despite the fact that fuel from Russia is imported into Kyrgyzstan duty-free under the intergovernmental agreement and at prices below the world average, they may change due to logistics

11.03.2026, 11:28
In the KR Cabinet, they demanded to "strictly" control food prices
Economy

In the KR Cabinet, they demanded to "strictly" control food prices

Markets and stores are showing a situation that does not correspond to official reports, negatively affecting the financial condition of citizens. Recently, a meeting was held in the Cabinet of Ministers of Kyrgyzstan, where current inflation issues in the country were discussed. The event was attended by heads of relevant ministries, agencies, and representatives of the National Bank, as reported by the government apparatus. Daniyar Amangeldiev, the First Deputy Chairman of the Cabinet,

11.03.2026, 11:07
Economy

In Kyrgyzstan, state support for cooperatives has been strengthened

In the Kyrgyz Republic, the Ministry of Water Resources, Agriculture, and Processing Industry is implementing a number of initiatives aimed at modernizing the agricultural sector and developing cooperation. The main objective of these activities is to increase productivity and the rational use of natural resources, which, in turn, should contribute to the creation of a competitive and sustainable agricultural sector. As part of the cooperative support program, farmers will be provided with

11.03.2026, 11:06
Price Increase. IEA Calls for Urgent Discussion on the Energy Market Situation
Economy

Price Increase. IEA Calls for Urgent Discussion on the Energy Market Situation

The International Energy Agency (IEA) plans to hold an extraordinary meeting with representatives of its member countries to discuss measures to stabilize the global energy market. This was announced by the head of the agency, Fatih Birol. Photo from the archive. The tense situation in the Strait of Hormuz has led to disruptions affecting about 20% of global oil supplies

11.03.2026, 10:55
Exchange rates in commercial banks of Kyrgyzstan on March 11
Economy

Exchange rates in commercial banks of Kyrgyzstan on March 11

Information about exchange rates was collected from the websites of commercial banks. If you have any questions regarding the provided data, it is recommended to contact the relevant financial institutions directly. This information is current as of its publication date. The exchange rates pertain to cash transactions and may change throughout the day. To view the official exchange rate of the National Bank of the Kyrgyz Republic and to find out the exchange rates at exchange offices in

11.03.2026, 10:31
Ministry of Energy: New tariffs will only cover 45% of the actual cost of electricity
Economy

Ministry of Energy: New tariffs will only cover 45% of the actual cost of electricity

According to forecasts, in 2026, the cost of one kilowatt-hour will be 3 soms and 3 tyiyns. Starting May 1, new electricity tariffs will come into effect in Kyrgyzstan, which, according to Timur Orozaliyev, the director of the fuel and energy complex regulation department, will only cover 45% of the actual costs of electricity production. This statement was made during a broadcast on the "Kabar" agency. Orozaliyev also noted that in 2026, the cost of one kilowatt-hour will be 3 soms

11.03.2026, 10:00
The tax service will write off tax debts incurred before 2022.
Economy / Exclusive

The tax service will write off tax debts incurred before 2022.

According to information voiced by Kubanychbek Isabekov, Deputy Chairman of the State Tax Service, tax debts and liabilities for insurance contributions that were incurred before the beginning of 2022 will be written off. This issue was discussed on the air of Birinchi Radio. The Deputy Chairman clarified that changes to the Tax Code were made last year in accordance with a presidential decree.

11.03.2026, 09:43
Universities of Kyrgyzstan May Receive Grants for Innovations and Research
Economy

Universities of Kyrgyzstan May Receive Grants for Innovations and Research

The Ministry of Education and Science of the Kyrgyz Republic has announced the start of the second phase of the grant program of the Academic Innovation Fund (AIF). This initiative is being implemented within the framework of the extensive project "Quality and Innovations in Higher Education" (KIWO), which is supported by the World Bank. Deputy Minister Durus Kozuev and project leader Rasul Abazbek uulu shared details about the competition at a press conference held at the

11.03.2026, 09:25
Catfish has become cheaper against all major currencies except the dollar. Exchange rate as of March 11.
Economy

Catfish has become cheaper against all major currencies except the dollar. Exchange rate as of March 11.

Photo from the internet. Almost all currencies that have depreciated against the som in recent days have started to appreciate According to the National Bank of Kyrgyzstan and exchange points in Bishkek, the euro, Russian ruble, Kazakh tenge, and Chinese yuan have increased relative to the som, while the US dollar has remained at the same level. This situation prompted the NB KR to conduct a currency intervention. US Dollar:

11.03.2026, 09:09
Erlis Akunbekov urged citizens not to hide livestock numbers during the census
Economy

Erlis Akunbekov urged citizens not to hide livestock numbers during the census

In Kyrgyzstan, an important agricultural census will be conducted from March 20 to April 10. The Deputy Chairman of the Cabinet of Ministers and Minister of Water Resources, Agriculture, and Processing Industry Erlis Akunbekov urged citizens at a coordination meeting to be as open and accurate as possible in providing information.

11.03.2026, 08:45
Economy

Entrepreneurs in Kyrgyzstan reminded that paying taxes is their obligation

Kubanichbek Isabekov, Deputy Chairman of the State Tax Service, emphasized in an interview on "Birinchi Radio" that fulfilling tax obligations is the responsibility of every entrepreneur in Kyrgyzstan. He noted the importance of tax revenues for forming the state budget, adding that it is precisely thanks to these funds that the government can fulfill its social obligations, such as increasing salaries, building roads, developing infrastructure, and improving living conditions for

11.03.2026, 08:10
Economy

Kyrgyzstan mines gold, but 90% of jewelry is imported

Every year, Kyrgyzstan produces up to 26 tons of gold; however, 90% of jewelry items on local shelves are imported goods. This has created a paradoxical situation where the country exports precious metal in its raw form and then buys it back in the form of finished jewelry, but at sharply inflated prices. Kubanychbek Isabekov, Deputy Chairman of the Tax Service, spoke about this issue on the air of "Birinchi Radio". To change this trend and stimulate the processing of gold within the

10.03.2026, 21:05
In Kyrgyzstan, the trademark "Ak Ilbirs" has been registered.
Economy

In Kyrgyzstan, the trademark "Ak Ilbirs" has been registered.

The Chamber of Commerce and Industry has become the sole owner of the new trademark. A combined trademark named "Ak Ilbirs" has been registered in Kyrgyzstan. As reported by Urmat Sarypov, the chief specialist of the trademark examination department of the Ministry of Education and Innovation, the application for its registration was submitted on June 7, 2025. "This mark represents a combined logo that includes both graphic and verbal components. It has been registered across

10.03.2026, 19:24
Government agencies instructed to promptly rein in prices in Kyrgyzstan
Economy

Government agencies instructed to promptly rein in prices in Kyrgyzstan

During a working meeting led by Daniyar Amangeldiev, the First Deputy Chairman of the Cabinet of Ministers of the Kyrgyz Republic, an analysis of the current inflation situation in the country was conducted. Representatives from relevant ministries, agencies, and the National Bank of the Kyrgyz Republic participated in the discussion.

10.03.2026, 18:56
In the sewing industry of Kyrgyzstan, payments for workers have been reduced
Economy

In the sewing industry of Kyrgyzstan, payments for workers have been reduced

Photo from the internet. Reduction of tax payments in the garment industry In the garment industry of Kyrgyzstan, there has been a reduction in mandatory tax payments for workers. This was reported by Kubanychbek Ysabekov, Deputy Chairman of the Tax Service, on the air of "Birinchi Radio". According to him, previously garment enterprises faced a high tax burden, which was associated not with a single tax rate, but with income tax and insurance contributions, leading to payments

10.03.2026, 18:50
Economy

The Ministry of Energy proposes to change the electricity purchase tariff for distribution companies

The Ministry of Energy of the Kyrgyz Republic has proposed a change in the approach to calculating tariffs for the purchase of electricity for distribution companies. These changes are due to a shortage of electricity and an increase in import costs, which leads to financial problems in the energy sector. A draft of the amendments to the legislation has already been published for public discussion. What exactly is being proposed?As part of the new proposals, it is planned to establish a unified

10.03.2026, 18:03
Abroad, the demand for ropes, cords, and cables from Kyrgyzstan has increased 100 times
Economy

Abroad, the demand for ropes, cords, and cables from Kyrgyzstan has increased 100 times

In 2025, Kyrgyzstan exported 49.6 tons of products, while in 2024 the volume was only 0.5 tons. The demand for ropes, cords, and cables from Kyrgyzstan outside the country has increased 100 times. Last year, the republic exported 49.6 tons of these products, significantly exceeding the 0.5 tons exported in 2024. The largest volumes of purchases were made by Russia (36.5 tons), Uzbekistan (8.8 tons), and Georgia (3.3 tons). Rope products are also sent to Poland (0.9 tons) and the UAE (0.1

10.03.2026, 16:33
Economy / Exclusive

Due to the energy shortage in the KR, it is proposed to change the rules for calculating tariffs

The Ministry of Energy of the Kyrgyz Republic has initiated a public discussion regarding a new draft order that amends the document related to issues in the electricity sector for distribution companies, adopted on September 12, 2022. According to the explanatory note to the draft, the changes are aimed at ensuring stable electricity supply in conditions of electricity shortages and reducing the financial deficit in this sector.

10.03.2026, 16:14
Erlis Akunbekov took control of the repair of the state breeding farm in the Sokuluk district
Economy

Erlis Akunbekov took control of the repair of the state breeding farm in the Sokuluk district

Erlis Akunbekov, who holds the position of Minister of Water Resources, Agriculture, and Processing Industry of the Kyrgyz Republic, conducted a review of the operations of the state breeding farm located in the Sokuluk district, as reported by the press service of the Ministry of Agriculture of the Kyrgyz Republic. During the visit, the minister was presented with information that the breeding biolaboratory of the institution regularly works on improving the genetic characteristics of cattle,

10.03.2026, 15:38
Economy

Kyrgyzstan Leads the EAEU in the Growth Rate of Public Debt

According to the latest data analysis provided by the Eurasian Economic Commission, as of January 1, 2026, there is an impressive growth of Kyrgyzstan's national debt in national currency — by 36%. For comparison: in Russia, this figure is 21%, in Kazakhstan — 14.5%, and in Armenia — 8%. It is also worth noting that as of December 31, 2025, the total volume of Kyrgyzstan's national debt reached $8 billion 920.62 million.

10.03.2026, 15:29
In Kyrgyzstan, plans are underway to build a waste processing plant
Economy

In Kyrgyzstan, plans are underway to build a waste processing plant

A plant is planned to be built in the Kyrgyz Republic that will process solid household waste using technologies from Italy. This project was discussed at a meeting, resulting in the signing of a Memorandum of Understanding between the National Investment Agency and the Italian company TRITOR. The expected investment in the project will amount to between 10 and 12 million euros.

10.03.2026, 14:56
Economy

Where do dates, figs, pineapples, avocados, guavas, and mangoes come from in Kyrgyzstan?

According to the National Statistical Committee, in 2025 Kyrgyzstan imported 19,004.4 tons of fresh and dried dates, figs, pineapples, avocados, guavas, and mangoes (HS code 0804). This is 3.8% more compared to 2024. The largest portion of the imported products came from China — 16,343.4 tons, and from Iran — 2,085.8 tons. The remaining 575.2 tons were distributed among 11 countries, including Jordan, Egypt, Israel, and Tunisia.

10.03.2026, 14:55
Economy

A new project for stabilizing meat prices was discussed in the Ministry of Agriculture and Food of the Russian Federation.

The Ministry of Water Resources, Agriculture, and Food Processing Industry intends to implement a pilot project aimed at stabilizing meat prices and developing meat livestock farming. This was stated by Mukhtar Chynaliev, the director of the Department of Food Processing Industry and Organic Agriculture, during a broadcast on "Birinchi Radio." As Chynaliev noted, the project is focused on ensuring food security in the Kyrgyz Republic.

10.03.2026, 14:37