Economy

Russia agreed to increase supplies of one type of fuel to Kyrgyzstan

Changes in the indicative balance of petroleum product supplies for 2025 have been agreed upon by the ministries of energy of Russia and Kyrgyzstan. This information was confirmed by the Ministry of Energy of Kyrgyzstan, as reported by Kaktus.media. "The indicative balance for 2026 will be adopted at the level of 2025, with the possibility of subsequent adjustments depending on actual consumption in Kyrgyzstan," the Ministry of Energy added.

03.11.2025, 17:06
Focus on Import Substitution. Kyrgyzstan Accelerates Achievement of Food Security
Economy / Exclusive

Focus on Import Substitution. Kyrgyzstan Accelerates Achievement of Food Security

President of Kyrgyzstan Sadyr Japarov has approved amendments to the Law "On Food Security of the Kyrgyz Republic." The main goal of the document is to ensure the domestic market of the country is supplied with essential socially significant food products produced within the country. Experts emphasize that over the past four years, the government has taken concrete measures to strengthen the agro-industrial sector and develop the processing industry. The priority is to provide the

03.11.2025, 16:43
Economy

The cause of the electricity shortage has been attributed to a force majeure situation.

According to Isabek Orozbaev, a representative of JSC "National Electric Network of Kyrgyzstan," there is an annual increase of 30,000 new subscribers to the electric networks in Kyrgyzstan. In a broadcast on "Birinchi Radio," he reported that over the past nine months this year, the number of subscribers has increased by 25,000. He noted that electricity consumption in the country is growing faster than its production. As an example, Orozbaev cited data from 2015, when

03.11.2025, 16:39
Economy

Miners in Kyrgyzstan Have Started Paying More Taxes

According to data published by the National Statistics Committee, from January to September of this year, tax revenues from mining amounted to 77 million 73.5 thousand soms. This is twice as much as in the same period last year, when the amount was 38 million 163.7 thousand soms.

03.11.2025, 15:57
NESC: Not enough power – switch to unlimited
Economy

NESC: Not enough power – switch to unlimited

The company announced the cost of the new tariff Consumers experiencing a shortage of power in their electricity supply may consider switching to an unlimited tariff. This was announced by Isabek Orozbaev, head of the electricity sales department of the National Electric Network of Kyrgyzstan JSC.

03.11.2025, 14:21
Economy

Gulnuru Toralieva Elected Co-Chair of the Kyrgyz-Azerbaijani Business Council

Gulnura Toralieva has become the co-chair of the Kyrgyz-Azerbaijani Business Council from the Kyrgyz side, as reported by the Chamber of Commerce and Industry of Kyrgyzstan. In her new position, she will focus on promoting business initiatives, strengthening business ties, and expanding cooperation between Kyrgyzstan and Azerbaijan.

03.11.2025, 13:34
Economy

Kyrgyzstan Maintains Leadership in the EAEU in Housing Construction Growth Rates

According to data from the Eurasian Economic Commission, from January to August, the volume of construction work in the EAEU countries increased by 5.2% compared to the same period last year. It is worth noting that in 2023, the construction sector became one of the key factors for the growth of Kyrgyzstan's gross domestic product, accounting for 7.9% of the total economy of the country for the period from January to September.

03.11.2025, 13:23
Economy

OJSC "Airports of Kyrgyzstan" made decisions regarding shares and new aircraft

An extraordinary shareholders' meeting of OJSC "Airports of Kyrgyzstan" took place on October 31, during which a number of important initiatives for the further development of the company were discussed and approved, the press service reports. One of the key decisions was to conduct an additional share issuance, known as the seventh emission.

03.11.2025, 11:47
The opportunities for partnership between the government, business, and investors were discussed in the Kyrgyz Republic.
Economy

The opportunities for partnership between the government, business, and investors were discussed in the Kyrgyz Republic.

In Bishkek, an event titled "New Architecture of Investment Policy: Partnership of the State, Business, and Investors" took place, during which participants discussed relevant proposals for improving law enforcement practices and creating a more comfortable investment environment in Kyrgyzstan. As part of this meeting, a memorandum of cooperation was signed between the National Investment Agency under the President of the Kyrgyz Republic, the General Prosecutor's Office, and

03.11.2025, 11:30
Catfish has risen in price against all currencies except the dollar. Exchange rate as of November 3.
Economy

Catfish has risen in price against all currencies except the dollar. Exchange rate as of November 3.

Photo from the internet. The Russian ruble continues to remain unstable — its exchange rate fluctuates between significant growth and sharp decline According to information provided by the National Bank of Kyrgyzstan and exchange offices in Bishkek, the exchange rates of the euro, Russian ruble, Kazakh tenge, and Chinese yuan have shown a decrease. Meanwhile, the dollar exchange rate remained unchanged. US Dollar:

03.11.2025, 10:27
Exchange rates in commercial banks of Kyrgyzstan as of November 3
Economy

Exchange rates in commercial banks of Kyrgyzstan as of November 3

The data is presented based on information collected from commercial bank websites. If you have any questions regarding the indicated rates, it is recommended to contact the banks directly. The data is relevant at the time of publication. Please note that currency exchange rates for cash transactions may change throughout the day.

03.11.2025, 10:04
Economy / Tokmok

"Meat, Diesel, Celebrations". Why Cows, Horses, and Sheep Are Becoming More Expensive in Kyrgyzstan

In Kyrgyzstan, meat continues to be quite an expensive product in the market, yet the demand for it does not decrease. Kaktus.media conducted a study to find out the current prices for sheep, cows, and horses, as well as the reasons why the cost of meat remains high. Currently, the livestock sales season is in full swing, lasting from August to November. This period coincides with numerous weddings and other celebrations, during which animals are traditionally slaughtered. Despite efforts to

02.11.2025, 19:59
Economy

Russia is fighting against "gray" imports. Goods from Kyrgyz tailors are stuck at the border.

Since the beginning of October, media reports have emerged about a significant increase in the number of trucks at the Kazakhstan-Russia border seeking to enter Russia. By mid-month, this number reached 7,000. Traffic jams have occurred not only at the border crossing points but also on access roads. According to the Ministry of Transport of Kazakhstan, this is related to the tightening of control by Russia. The time for cargo inspections has increased, and measures for document verification

01.11.2025, 14:58
Bishkek's Grocery Basket on November 1. How Prices Changed Over the Week
Economy

Bishkek's Grocery Basket on November 1. How Prices Changed Over the Week

This week in Bishkek, there has been an increase in prices for potatoes, tomatoes, cabbage, peppers, and milk. At the same time, rice, cucumbers, carrots, pears, bananas, and eggs have become cheaper. As a result, the cost of the minimum grocery set decreased by 69 soms, now amounting to 6,140 soms.

01.11.2025, 13:18
By the end of November, the rehabilitation of GES No. 3 of the Toktogul Hydroelectric Power Station will be completed.
Economy / Exclusive

By the end of November, the rehabilitation of GES No. 3 of the Toktogul Hydroelectric Power Station will be completed.

A meeting of the board organized by the Ministry of Energy of the Kyrgyz Republic took place in Bishkek, where the results of the work of energy companies for the nine months of 2025 were summarized. High-ranking officials attended this meeting, including a representative of the president's office, Minister of Energy Talaybek Ibraev, as well as deputy ministers and heads of related sectors. As part of the project "Rehabilitation of the Toktogul HPP Phase No. 3," the installation

31.10.2025, 18:36
Economy

Changes are being made to the cashless payment system in Kyrgyzstan

Sadyr Japarov, the President of Kyrgyzstan, has approved a draft law that amends a number of regulatory acts related to taxation. This was reported in a press release from the State Tax Service. According to the information from the service, the draft law proposes a strict ban on the use of equipment (including software and hardware devices) for business purposes to make payments via bank cards, electronic money, as well as through QR codes and other cashless payment methods registered to

31.10.2025, 18:31
Fund for the Development of Kyrgyzstan and Azerbaijan: The Parties Agreed to Activate Cooperation
Economy / Exclusive

Fund for the Development of Kyrgyzstan and Azerbaijan: The Parties Agreed to Activate Cooperation

On October 30, a meeting took place in Bishkek, attended by the Minister of Economy and Commerce of the Kyrgyz Republic, Bakyt Sydykov, and the First Deputy Minister of Economy of Azerbaijan, Elnur Aliyev. The meeting emphasized that cooperation between the two countries is actively developing within both bilateral and multilateral formats. The prospects for strengthening trade and economic ties were discussed, with a focus on activating the work of the Azerbaijan-Kyrgyz Development Fund.

31.10.2025, 18:22
Azerbaijan-Kyrgyz Fund to Finance the Construction of a Hydroelectric Power Station in Kara-Kuldja
Economy

Azerbaijan-Kyrgyz Fund to Finance the Construction of a Hydroelectric Power Station in Kara-Kuldja

The sixth meeting of the Azerbaijan-Kyrgyz Development Fund Council took place in Bishkek, chaired by Elnur Aliyev, the First Deputy Minister of Economy of Azerbaijan. The press service of the Ministry of Economy reported that representatives of the government structures of both countries also participated in the event. During the meeting, an investment project for the construction of a small hydroelectric power station was approved, which will have a capacity of 5.4 megawatts and will be

31.10.2025, 18:22
Energy consumption in Kyrgyzstan reached 13.8 billion kWh
Economy / Exclusive

Energy consumption in Kyrgyzstan reached 13.8 billion kWh

Today, a meeting of the Ministry of Energy took place in Bishkek, where the results of the energy companies' work for the first nine months of 2025 were summarized. According to the provided data, the total electricity consumption in the country amounted to 13.8 billion kWh, while domestic electricity production reached 11.3 billion kWh.

31.10.2025, 17:40
Exchange rates for the weekend
Economy / Exclusive

Exchange rates for the weekend

The National Bank has published the official exchange rates at the beginning of November 2025. Compared to the data from the previous day, there have been changes in most major currencies:

31.10.2025, 17:37
Economy

"Alright, Chief." Tashiev instructed to raise the salaries of employees at one of the Manas facilities.

On October 30, at the opening of the reconstructed facility, Deputy Prime Minister Kamchybek Tashiev announced his plans to increase the salaries of employees at the wastewater treatment plant in Manas. During a conversation with the female employees, he inquired about their housing. All responded that they owned their homes, and some of them received apartments from the State Mortgage Company last year. After that, Tashiev clarified what their earnings were. The amounts ranged from 17,000 to

31.10.2025, 17:22
A new bank "Berekett Bank" will appear in Kyrgyzstan. Who are the founders?
Economy

A new bank "Berekett Bank" will appear in Kyrgyzstan. Who are the founders?

A new closed joint-stock company called "Berekett Bank" will be launched in the financial market of the Kyrgyz Republic. The board of the national regulator approved its establishment on October 10, 2025. According to the Ministry of Justice, the bank was registered on October 20, and it has no foreign participation.

31.10.2025, 16:50
Economy

At the meeting in Bishkek, the real protection of private business property rights was discussed

At the event titled "New Architecture of Investment Policy: Partnership of the State, Business, and Investors," held on October 30 in Bishkek, participants discussed ways to improve law enforcement practices and create a more favorable investment environment for business in Kyrgyzstan. Beктурсун Кенжематов, head of the legal support department for investor protection at the National Investment Agency, presented an updated vision of investment policy, emphasizing the need for

31.10.2025, 16:19
The Roads of Independent Kyrgyzstan: Major Infrastructure Projects Funded by the State Budget
Economy / Exclusive

The Roads of Independent Kyrgyzstan: Major Infrastructure Projects Funded by the State Budget

In recent years, there has been active development of road infrastructure in Kyrgyzstan, funded by the state budget. The country's road sector is demonstrating rapid growth. Support from the state budget allows for the implementation of numerous large projects that have strategic significance. Improving the quality of both domestic and international roads contributes not only to economic growth but also to strengthening connections between regions, improving the conditions for

31.10.2025, 15:46
Investments Under Legal Protection: Kyrgyzstan is Shaping a New Economic Policy
Economy

Investments Under Legal Protection: Kyrgyzstan is Shaping a New Economic Policy

In Bishkek, a National Investment Dialogue took place, gathering representatives from the government, the prosecutor's office, the financial sector, and business to discuss new approaches to Kyrgyzstan's investment policy. One of the most significant events of the meeting was the signing of a memorandum of cooperation between the National Investment Agency under the President of the Kyrgyz Republic, the General Prosecutor's Office, and representatives of the business community.

31.10.2025, 12:15
EBRD allocates €2.25 million for the modernization of water supply systems in the Osh region
Economy / Exclusive

EBRD allocates €2.25 million for the modernization of water supply systems in the Osh region

President of the Kyrgyz Republic Sadyr Japarov has signed a law regarding the ratification of Additional Agreement No. 1 to the Loan Agreement with the European Bank for Reconstruction and Development (EBRD). This agreement pertains to the project for the "Rehabilitation of Water Supply Systems in the Local Self-Government Bodies of Myrza-Ake, Don-Bulak, and Kurshab." As a result of this document, 2.25 million euros will be allocated, of which 1.5 million euros will be received in

31.10.2025, 12:06
Exchange rates in commercial banks of Kyrgyzstan as of October 31
Economy

Exchange rates in commercial banks of Kyrgyzstan as of October 31

This information was gathered from the websites of commercial banks. If you have any questions regarding the specified data, it is recommended to contact the banks directly. The indicated rates are valid at the time of publication. Please note that rates for cash exchange may change throughout the day.

31.10.2025, 12:00
Economy / Exclusive

The President's Plenipotentiary Representative Revealed When the Bypass Road Around the City of Osh Will Begin Construction

A meeting of the presidential representative office took place in the Osh region. As reported by a Turmush correspondent, on October 31, the results of work for the past nine months will be discussed at this meeting. Among the participants are the akims of seven districts, heads of various departments and organizations, heads of ayil okmotu, and representatives of law enforcement agencies.

31.10.2025, 11:45
EBRD allocates €2.25 million for water supply in Myrza-Ake, Don-Bulak, and Kurshab
Economy / Actors of Kyrgyzstan

EBRD allocates €2.25 million for water supply in Myrza-Ake, Don-Bulak, and Kurshab

The President approved the agreements According to the signed Law, Sadyr Japarov ratified Additional Agreement No. 1 to the Loan Agreement concluded on May 23, 2019, between the Kyrgyz Republic and the European Bank for Reconstruction and Development. This agreement pertains to the project "Rehabilitation of Water Supply Systems in the Local Self-Government Bodies of Myrza-Ake, Don-Bulak, and Kurshab," as well as the Grant Agreement signed on April 14, 2025, in Bishkek, regarding the

31.10.2025, 10:51
Economy

The President recognized "Eldik Bank" as the custodian of savings traditions in the Kyrgyz Republic.

Sadyr Japarov, the President of Kyrgyzstan, signed a decree that officially establishes the open joint-stock company "Eldik Bank" as the successor to the traditions of the amanat (savings) business that originated in the country in 1925. This document emphasizes that the main goal of this decision is to preserve the historical heritage of Kyrgyzstan and to promote the strengthening of a culture of financial responsibility and thrift among citizens.

31.10.2025, 10:38