Economy

In Kyrgyzstan, market profits have increased

Since the beginning of the year until September, the profits of markets have increased by 4.4%, amounting to 95.2 million soms, according to data provided by the National Statistical Committee. In the third quarter of 2025, there were 317 markets operating in the country, with the largest number located in the Osh region and Bishkek (64 each) and in the Jalal-Abad region (63). The total number of trading places in Kyrgyzstan reached 80,221. The average rental cost for one trading place is 181

25.11.2025, 11:16
The NBKR raised the discount rate to 11%
Economy / Exclusive

The NBKR raised the discount rate to 11%

On November 24, the Board of the National Bank of the Kyrgyz Republic decided to raise the discount rate from 10% to 11%. This was reported by the Deputy Chairman of the NBKR, Azat Kozubekov. In his speech, he emphasized that this decision was made against the backdrop of rising inflation.

25.11.2025, 10:56
Economy

The National Bank of Kyrgyzstan has raised the discount rate to 11%. Why did this happen?

The Board of the National Bank of the Kyrgyz Republic has decided to increase the key policy rate by 100 basis points, bringing it to 11%. This decision takes effect on November 25. This information was provided by the financial regulator to Kaktus.media. Prices and Inflation in the Country The National Bank reports that as of the beginning of 2025, the inflation rate in Kyrgyzstan reached 7.3%, and on an annual basis, it is 8.9%.

25.11.2025, 10:48
In Kyrgyzstan, inflation reached 7.3% since the beginning of the year – NBKR
Economy / Exclusive

In Kyrgyzstan, inflation reached 7.3% since the beginning of the year – NBKR

At today's briefing, the Deputy Chairman of the National Bank of the Kyrgyz Republic, Azat Kozubekov, noted that a significant problem remains the tense situation in the market for fuel and lubricants. He explained that the main factors contributing to this situation are the ongoing repair works at Russian oil refineries and the rise in prices for fuel and lubricants imported from Russia.

25.11.2025, 10:41
Since the beginning of the year, the NBKR has conducted 6 interventions totaling $590.5 million
Economy / Exclusive

Since the beginning of the year, the NBKR has conducted 6 interventions totaling $590.5 million

The economic situation in Kyrgyzstan is demonstrating stable growth. According to the Deputy Chairman of the National Bank of the Kyrgyz Republic, Azat Kozubekov, the growth of the gross domestic product (GDP) for the first 10 months of 2025 amounted to 10%. He noted that positive dynamics are observed in almost all economic sectors. A high level of domestic demand is also contributing to the increase in real wages.

25.11.2025, 10:13
Economy

The National Bank of the Kyrgyz Republic has raised the discount rate to 11 percent

On November 24, the Board of the National Bank of the Kyrgyz Republic made a decision to raise the key interest rate from 10 to 11 percent, effective from November 25. This information was announced by the regulator. In the National Bank, it was noted that the inflation rate in the country at the beginning of 2025 was 7.3 percent, while the annual rate was 8.9 percent.

25.11.2025, 10:07
Economy

The transition of the Kyrgyz Republic to a new industrial development model will be ensured by a new strategy

The Ministry of Economy and Commerce has initiated a discussion on the strategy for sustainable industrial development in Kyrgyzstan, which is intended to serve as the foundation for transitioning to a new industrial model. The development and implementation of this strategy aim to achieve sustainable growth, technological independence, and an improved standard of living for the population.

25.11.2025, 10:05
Economy

Food fairs in the Kyrgyz Republic will continue until June 2026

In Kyrgyzstan, food fairs have been organized at the initiative of the Ministry of Water Resources, Agriculture, and Processing Industry. Their conduct is planned until June 2026. Each district of the country has received a schedule of fairs that defines their operating days. Responsible officials must strictly adhere to this schedule. At these fairs, food products are offered at lower prices than in regular stores, allowing customers to stock up on everything they need for an entire week.

25.11.2025, 09:47
Exchange rates in commercial banks of Kyrgyzstan on November 25
Economy

Exchange rates in commercial banks of Kyrgyzstan on November 25

html Information has been gathered from the websites of various commercial banks. If you have any questions regarding the presented data, it is recommended to contact these banks directly. The data is relevant as of the time of publication. Please note that exchange rates for cash transactions may change throughout the day.

25.11.2025, 09:47
Economy

Kyrgyzstan Remains Among the Top Ten Importers of Russian Pasta

According to data from the Federal Center for the Development of Agricultural Export Products of Russia (Agroexport), Kyrgyzstan continues to rank among the ten largest importers of pasta from Russia. In the first nine months of 2025, Russia exported over 100 thousand tons of pasta worth 154 million dollars, which is 21% more compared to the same period last year.

25.11.2025, 09:35
The ruble continues to strengthen, the euro and tenge are depreciating. Exchange rates as of November 25.
Economy

The ruble continues to strengthen, the euro and tenge are depreciating. Exchange rates as of November 25.

Photo from the internet. In November, the Russian ruble has repeatedly set monthly records and is approaching its annual maximum. According to the National Bank of Kyrgyzstan and exchange points in Bishkek, there is an increase in the official rates of the Russian ruble and the Chinese yuan, while the euro and the Kazakh tenge are showing a decline. The dollar rate remains stable. US Dollar:

25.11.2025, 09:14
Economy

Ministry of Transport reports on records in road construction

The Ministry of Transport and Communications has presented a report on the records achieved in road construction in 2025. According to information provided by the ministry's press service, 1,430 kilometers of asphalt were laid during the reporting period, exceeding the planned work volumes. The continuation of construction will depend on weather conditions.

25.11.2025, 08:05
Economy

The Ministry of Labor revealed what job vacancies are available in Kyrgyzstan

According to the Ministry of Labor, Social Security and Migration, as of November 1 of this year, there are 8,136 job vacancies registered in Kyrgyzstan. Currently, the highest demand is observed for skilled labor. The official unemployment rate in the country stands at 1.4%. There are 59,600 citizens registered with employment services, of which 40,900 are officially recognized as unemployed. Since the beginning of the year, 117,211 people have turned to employment services.

24.11.2025, 18:31
Economy

Minister of Health: We need to ban drug advertising and reduce the number of pharmacies

In an interview with the publication "Kabar," Health Minister Erkin Checheybaev proposed banning the advertising of medications and reducing the number of pharmacies in the country. He noted that, unlike bakeries, where competition helps improve product quality, there is a significant information imbalance in the pharmaceutical sector. Checheybaev emphasized that patients often do not know how medications work and what their side effects are. "Doctors and pharmaceutical companies

24.11.2025, 18:24
Economy

A New MTS Opened in the Issyk-Kul Region

The Ak-Suysky Machine and Tractor Station (MTS) has started its operations in Issyk-Kul, as reported by the press service of the Ministry of Water Resources, Agriculture, and Processing Industry. The station aims to increase potato production in three districts: Tyup, Ak-Su, and Jeti-Oguz. It will contribute to improving product quality, reducing production costs, enhancing food security, and improving the socio-economic situation. For these purposes, 108 million soms have been allocated from

24.11.2025, 17:49
International consortium prepares a large project in Osh region
Economy

International consortium prepares a large project in Osh region

Recently, Ravshanbek Sabirov, head of the National Investment Agency under the President of Kyrgyzstan, held a meeting with representatives of the Chinese company "WenC Company." The purpose of the meeting was to discuss the organization of an international consortium for the implementation of a large-scale integrated project in the Kara-Suu district of the Osh region. The press service of the agency reported this event.

24.11.2025, 16:32
Economy

The Cabinet established rules for the placement of insurance reserves

- By the resolution dated November 5, the Cabinet of Ministers introduced rules for insurance organizations regarding the placement of insurance (technical) reserves. The document outlines requirements for the assets that cover reserves, based on the principles of reliability, liquidity, profitability, diversification, and returnability.

24.11.2025, 16:10
Economy

Kyrgyzstan continues to increase car imports from China

According to data from the General Administration of Customs of China, from January to October, 30.9% more cars were imported into Kyrgyzstan compared to the same period last year. In the current year, the number of passenger cars imported into the country amounted to 98,000 units, while last year during the same period there were 74,825 cars.

24.11.2025, 16:07
Hungary and Kyrgyzstan Agreed to Strengthen Trade and Economic Ties
Economy

Hungary and Kyrgyzstan Agreed to Strengthen Trade and Economic Ties

A business forum dedicated to cooperation between Hungary and Kyrgyzstan was held in Budapest. The Kyrgyz delegation, led by Bakyt Sydykov, the Minister of Economy and Commerce of Kyrgyzstan, participated in the event, along with representatives of the Hungarian government and business community.

24.11.2025, 12:57
The 4th meeting of the Kyrgyz-Hungarian Intergovernmental Commission on Thermal Power Plants was held in Budapest.
Economy / Exclusive

The 4th meeting of the Kyrgyz-Hungarian Intergovernmental Commission on Thermal Power Plants was held in Budapest.

On November 21, 2025, the 4th meeting of the intergovernmental commission on trade and economic cooperation between Kyrgyzstan and Hungary took place in Budapest. This was reported by the Ministry of Economy and Commerce of the Kyrgyz Republic. The meeting was chaired by the Minister of Economy and Commerce of the Kyrgyz Republic, Bakyt Sydykov, and the State Secretary for Bilateral Relations of the Hungarian Ministry of Foreign Economic Relations and Foreign Affairs, Boglarka Illesh.

24.11.2025, 12:50
Experts in Bishkek Pointed Out the Risks of Digital Lag
Economy

Experts in Bishkek Pointed Out the Risks of Digital Lag

In Bishkek, an International Forum was held on the topic "The Internet for Sustainable Development and Bridging the Digital Divide." This event coincided with an important regional event — the International Business Forum CAREC-2025, where the government of Kyrgyzstan announced ambitious plans to become an international logistics center for Central Asia. Forum participants emphasized the country's high ambitions and the presence of prerequisites for achieving them; however,

24.11.2025, 12:41
How Kyrgyzstan's Tailors Can Obtain Certification to Enter the EAEU Market
Economy

How Kyrgyzstan's Tailors Can Obtain Certification to Enter the EAEU Market

At the seminar organized for representatives of the garment industry, Gulkaïyr Kaïypova, the chief specialist of the accreditation department of the Certification Bodies of the Kyrgyz Accreditation Center, touched upon important aspects of product certification. With the growing export potential of Kyrgyzstan's garment industry, certification issues are becoming increasingly relevant. She explained in detail to the attendees the process of certification and declaration of goods in

24.11.2025, 12:38
Economy

Erkin Checheybaev: It is necessary to impose a ban on the sale of alcohol at night

Checheybaev also believes that the excise tax on harmful products, such as tobacco and alcohol, should be increased. In his opinion, these funds should be directed to the state budget to finance disease prevention and conduct campaigns to inform about the dangers of these products. He emphasized that large multinational companies have significant budgets and actively defend their interests. "Six years ago, when I served as Deputy Minister, we developed a bill to ban smoking, and I

24.11.2025, 11:21
Exchange rates in commercial banks of Kyrgyzstan on November 24
Economy

Exchange rates in commercial banks of Kyrgyzstan on November 24

Information about currency exchange rates has been collected from the official resources of commercial banks. If clarification of data is necessary, it is recommended to contact the banks directly. The data is current as of the time of publication and pertains to cash currency exchange. Exchange rates may change during the working day.

24.11.2025, 10:42
Economy

Candidates for deputies punished for violating campaign rules

The Central Election Commission received several complaints regarding violations by candidates for deputies and their campaigners. Residents report various incidents related to the election campaign. *****One of the complaints concerns Ulan Primov, a candidate from district No. 8, who held a meeting with residents of the village of Sary-Mogol in a building owned by local authorities, raising suspicions of the use of administrative resources.

24.11.2025, 10:25
Economy

A memorandum on the construction of solar power plants worth $300 million has been signed.

In Kyrgyzstan, the National Investment Agency and Electron Holding signed a cooperation agreement regarding the construction of solar power plants with a total capacity of up to 300 megawatts. The total investment will amount to $300 million, as reported in the agency's press release. It became known that the event took place in Budapest as part of the Hungarian-Kyrgyz Business Forum. Participants discussed opportunities for expanding economic cooperation, attracting investments in key

24.11.2025, 09:35
Projects on climate resilience in the Kyrgyz Republic and Central Asia launched in Bishkek
Economy

Projects on climate resilience in the Kyrgyz Republic and Central Asia launched in Bishkek

As part of the seminar in Bishkek, four regional projects aimed at improving climate resilience in Kyrgyzstan and other Central Asian countries were launched. The main objectives of these projects include enhancing the adaptive capacity of rural communities and implementing sustainable climate solutions in key areas such as efficient water resource management, renewable energy, and energy-efficient construction. There is also an emphasis on expanding opportunities for "green"

24.11.2025, 09:27
Project of the railway "China-Kyrgyzstan-Uzbekistan": a trilateral meeting took place
Economy / Kyrgyzstan during the Soviet period / Exclusive

Project of the railway "China-Kyrgyzstan-Uzbekistan": a trilateral meeting took place

The press service of the Ministry of Transport and Communications of the Kyrgyz Republic reported on a meeting where representatives from three countries discussed the implementation of the railway project "China-Kyrgyzstan-Uzbekistan". Present at the event were the Minister of Transport of Kyrgyzstan Abdykalyk Suyunov, the Minister of Transport of Uzbekistan Ilkhom Makhkamov, as well as special representatives from China.

24.11.2025, 09:09
Economy

Kazakhstan and Uzbekistan will supply electricity to Kyrgyzstan in winter

The Ministry of Energy of Kyrgyzstan reports that Kazakhstan, Kyrgyzstan, and Uzbekistan have reached an agreement on issues of water and energy cooperation. This decision was made at a meeting held in Almaty under the leadership of Erlan Akkenzhanov, the head of Kazakhstan's energy ministry. During the meeting, representatives of the three countries discussed the conditions for mutual support in the field of electricity. Considering the difficult situation at the Toktogul Reservoir, the

24.11.2025, 08:24
The ruble has noticeably appreciated, while the tenge has slightly depreciated. Currency rates as of November 24.
Economy

The ruble has noticeably appreciated, while the tenge has slightly depreciated. Currency rates as of November 24.

Photo from the internet. In November, the Russian ruble reached monthly highs several times and continues to show growth According to information from the National Bank of Kyrgyzstan and exchange points in Bishkek, the official exchange rates of the euro, ruble, and Chinese yuan have increased, while the Kazakh tenge has shown a decline. The US dollar remained stable. US Dollar:

24.11.2025, 08:03
Korean Technology "Smart Farm - 2025" Implemented in Kyrgyzstan
Economy / Exclusive

Korean Technology "Smart Farm - 2025" Implemented in Kyrgyzstan

The implementation of the automated liquid feeding system at the smart farm IWS Agro in Kyrgyzstan has been completed, which was carried out by the leading South Korean engineering company Dohwa Engineering. According to the Ministry of Agriculture, this project has become part of the international demonstration program "Smart Farm - 2025," initiated by the Agricultural Technology Promotion Agency of the Republic of Korea.

23.11.2025, 17:54
Economy / Exclusive

In the city of Kara-Balta, a goods fair was held — how much did the meat cost

On November 22, an agricultural fair took place in Kara-Balta, marking the second such event this season, organized by the local administration and the Jayil district. Kairat Maatkaziev, head of the district's agricultural development department, reported that fairs will be held every Saturday until spring, aimed at supporting the population and controlling prices on key food products. "The event features locally produced goods, which farmers sell directly to consumers at reduced

23.11.2025, 17:27
A large fair with affordable goods is taking place in Bishkek.
Economy

A large fair with affordable goods is taking place in Bishkek.

On the square named after T. Usubaliev and at the intersection of I. Razzakov and Abdymomunov streets along the Erkindik Boulevard, a fair organized by the Ministry of Water Resources, Agriculture, and Processing Industry is taking place. This event has attracted the attention of many city residents.

23.11.2025, 09:13
Economy

Sewing workshops in Bishkek are closing one after another. What will happen next?

The light industry of Kyrgyzstan, which has held leading positions in exports for many years, is experiencing one of the most severe crises in its history. The closure of routes for "gray" imports to Russia, new working conditions, and logistics problems have jeopardized the existence of many sewing workshops. Entrepreneurs owning these productions express serious concern: if government authorities do not take action soon, tens of thousands of people will be left without jobs.

23.11.2025, 08:54