Information is collected from the websites of commercial banks. If you have any questions about the presented data, it is recommended to contact the banks directly. The data is current as of the time of publication. The exchange rates are provided for cash transactions and may change throughout the day.
As reported by Forbes Kazakhstan, "Freedom Bank Kazakhstan" has decided to abandon the creation of a subsidiary in Kyrgyzstan. At the moment, the bank does not plan to open a new division in this country, which is related to the updating of its international strategy. However, "Freedom Bank" continues to consider long-term opportunities in the region and is focused on analyzing other foreign markets that were identified during recent meetings and trips by the bank's
In accordance with the directive of President Sadyr Japarov, issued on January 21, 2026, an extended meeting was held to analyze the situation in the textile industry. The event was attended by the Deputy Ministers of Economy and Commerce — Iskender Asylkulov and Benazir Nurlanova, as well as representatives from various government agencies and the business community. During the meeting, participants discussed the completed work and measures aimed at implementing the tasks set by the head of
Russia intends to supply 1.5 million tons of fuel and lubricants (F&L) to Kyrgyzstan in 2026, as reported by the Extraordinary and Plenipotentiary Ambassador of the Russian Federation in Bishkek, Sergey Vakunov. According to him, an indicative supply balance for 2026 was previously agreed upon at the level of 2025, which includes 650 thousand tons of gasoline, 550 thousand tons of diesel fuel, 150 thousand tons of jet fuel, 50 thousand tons of oil, and 60 thousand tons of bitumen.
As of the morning of February 16, the exchange rates for foreign currencies at the Moskovsky Soviet are as follows:
According to the National Bank of Kyrgyzstan, the exchange rates of the euro, Chinese yuan, and Kazakh tenge have decreased after a recent rise, while the ruble has slightly strengthened, and the US dollar has remained at the same level. US Dollar:
According to information provided by the press service of the Ministry of Finance, the financial system of Kyrgyzstan is demonstrating stable development and strengthening, which is due to a systematic approach to managing public finances. The Ministry also provided data on budget consolidation for the period from 2021 to 2025. According to the statistics provided, the budget volume increased from 313.1 billion to 1 trillion 101.4 billion soms, which represents a growth of 3.5 times. This
In accordance with the new decree signed by the head of the Cabinet of Ministers Adylbek Kasymaliev, preferential tariffs for railway transportation of coal intended for the Bishkek Combined Heat and Power Plant (CHPP) have been established. These changes pertain to the decree dated May 28, 2025, No. 282, which concerns the preparation of economic sectors for the autumn-winter season of 2025/2026. The document makes adjustments to the regulation of tariffs for the transportation of coal that
In Kyrgyzstan, the launch of a fast payment system is expected in the coming days. This was announced at a business breakfast organized by the Russian-Kyrgyz Development Fund, where the Deputy Chairman of the National Bank, Medet Tairov, spoke. He noted that work is currently underway to improve the accessibility, speed, and security of financial services for citizens.
The Government of the Kyrgyz Republic has decided to extend the zero rate of value-added tax (VAT) for feed used in fish farms. This was reported by the press service of the Ministry of Agriculture, indicating that the relevant amendments to the resolution on measures to ensure food security have already been approved.
As reported by Forbes Kazakhstan, Freedom Bank Kazakhstan has decided not to proceed with plans to open a subsidiary bank in Kyrgyzstan. The announcement was made by the bank's press service, which explained that the refusal is related to a reassessment of its international strategy. The company noted: "Freedom Bank is currently not planning to launch a subsidiary bank in the Kyrgyz Republic; this is part of the update of our international strategy. Nevertheless, we continue to
Turmush — At a meeting between local authorities and residents of the At-Bashinsky ayil okmotu, many issues were discussed, with particular attention given to the processing of leather and wool. One participant, Temirbek Abdyldaev, addressed the new akim, requesting active development of sports and ensuring the processing of local agricultural products. Temirbek Abdyldaev emphasized: “Dear representatives of the authorities, I am glad to see you. In our district, the issue of processing wool
On February 13, an important meeting of the ministers of energy and water resources of Central Asian countries—Uzbekistan, Kyrgyzstan, Kazakhstan, and Tajikistan—took place in the capital of Uzbekistan, Tashkent. This information was provided by the Ministry of Energy of Kyrgyzstan. Among the participants of the meeting was the Minister of Energy of Kyrgyzstan, Talaybek Ibraev, as well as his colleagues from Uzbekistan, Kazakhstan, and Tajikistan. Additionally, leaders and specialists from
At a meeting of the Collegium of the Ministry of Economy and Commerce, a report on achievements for the year 2025 was presented. In 2025, the Tourism Development Support Fund was able to recover 56.1 million soms in accounts receivable and attract over $4.5 million in grants from the World Bank, which will be directed towards the construction of new tourist facilities in the Osh region. This was reported by the General Director of the Fund, Adilet Januzakov, during the meeting, which was also
In seven distribution electrical networks of the region, outdated wooden structures, whose service life has expired, will be updated. In 2026, the Issyk-Kul region expects the replacement of more than two thousand outdated wooden power poles with modern reinforced concrete ones. This was reported by the Ministry of Energy. The specified poles were installed in the 1960s and 70s and have long exceeded the allowable service life, being in an emergency state. The replacement work will affect the
Starting from February 11, a system of mandatory cargo tracking using navigation seals has been launched in Kyrgyzstan and other countries of the Eurasian Economic Union. This step was adopted by the Board of the Eurasian Economic Commission and applies to both road transport and railway shipments of goods crossing the borders of two or more EAEU states. In the first stage of control, the following categories of goods are subject to tracking:
At a press conference held at the Eurasian Economic Commission, the Minister for Integration and Macroeconomics of the EEC, Daniyar Imanaliev, shared the results of macroeconomic development of the member countries of the Eurasian "five" for 2025.
The State Tax Service of the Kyrgyz Republic has announced that until March 1 of this year, remaining jewelry made of precious metals, imported or produced without primary documents, must be legalized. There are only 16 days left until this deadline.
The National Bank of Kyrgyzstan and the Central Bank of Russia are actively discussing ways to simplify money transfers between the two countries. This was stated by the Extraordinary and Plenipotentiary Ambassador of the Russian Federation in Bishkek, Sergey Vakunov. According to the diplomat, creating a reliable financial structure that will ensure sustainable development of trade relations between Russia and Kyrgyzstan is a top priority for both countries. Vakunov emphasized that the
As of the end of 2025, Kyrgyzstan ranked first among the participants of the Eurasian Economic Union (EAEU) in the number of new passenger cars imported to Russia. The total number amounted to 53.6 thousand units, as reported by the agency "Autostat." The data shows that Belarus is in second place with 17.1 thousand new cars, while Kazakhstan and Armenia follow with 11 thousand and 344 cars respectively.
According to information provided by the press service of the Ministry of Water Resources, Agriculture, and Processing Industry, fairs will be organized in Kyrgyzstan, including Bishkek, on certain days until June 2026, where local farmers and artisans will offer socially significant food products.
The State Tax Service of the Kyrgyz Republic has announced that the deadline for the legalization of jewelry items that were imported or produced without primary documents ends on March 1. There are only 16 days left to complete this procedure.
At the recent conference "Organic Agri-Dialogue," dedicated to the future of agriculture in Kyrgyzstan, Zhazgul Ibraimova, a senior lecturer at KNAU, put forward an important idea: to promote the growth of organic farming in the country, it is necessary to stop viewing it as a temporary trend. In her opinion, this is the only way to preserve soil health and ensure food security for future generations.
The company was fined 200,000 soms, and the work has been suspended. The Ministry of Construction, Architecture, and Housing and Communal Services of the Kyrgyz Republic reports the identification of an illegal construction site in the resort area of Cholpon-Ata. Inspectors from the Issyk-Kul Regional Department of the State Architectural and Construction Control conducted an inspection as part of their raids. During the inspection, it was established that the company LLC "Dagas
The first meeting of the Kyrgyz-Tajik Intergovernmental Council was held in Bishkek The first meeting of the Kyrgyz-Tajik Intergovernmental Council took place in Bishkek, chaired by the head of the Cabinet of Ministers of Kyrgyzstan, Adylbek Kasymaliev, and the Prime Minister of Tajikistan, Kohir Rasulzoda. This was reported by the press service of the Cabinet of Ministers. During the meeting, Kasymaliev expressed the intention to increase the volumes of supplies of meat and dairy products,
The Cabinet of Ministers is initiating changes to the Law "On Pricing," and the deputies of the Jogorku Kenesh have already approved it in the first reading. The idea of regulating profitability has shocked entrepreneurs, who predict serious problems if the new norms are adopted. In their opinion, this move indicates Kyrgyzstan's shift from a market economy to socialist methods, which in turn could lead to a shortage of goods and an increase in the shadow economy. Essence of the
The Ministry of Economy and Trade of the Kyrgyz Republic commented on recent publications by foreign media that relied on data from the Brookings Institution analytical center. The agency refuted the information about a sharp increase in imports from European countries to Kyrgyzstan by thousands of percent, calling it incorrect. In the ministry, it was noted that the actual trade turnover figures between 2019 and 2024 are significantly lower than those stated in the articles:
A new policy is planned to be completed by 2033 According to a decree signed by President Sadyr Japarov, heating enterprises of the Kyrgyz Republic will lose the ability to receive subsidies. The transition to the new policy is expected to be completed by 2033. As reported by the Ministry of Energy, due to low heating tariffs, the state budget allocates about 2 billion soms annually for subsidies to citizens. In this regard, annual tariff adjustments are planned so that enterprises can reach a
In the Batken region, repairs are planned for 400 kilometers of power transmission lines with voltages of 220/110/35 kV. According to information provided by the Batken Electric Networks Enterprise, as part of the Ministry of Energy's initiative to update and modernize infrastructure, the branch of OJSC "NESC" has begun repairs on overhead power lines.
The first meeting of the Intergovernmental Council of Kyrgyzstan and Tajikistan took place in Bishkek, attended by the Prime Minister of Kyrgyzstan Adylbek Kasymaliev and his Tajik counterpart Kohir Rasulzoda.
An agreement for a concessional loan of $50 million was signed between the Ministry of Finance of the Kyrgyz Republic and the Asian Infrastructure Investment Bank. According to information provided by the Ministry of Finance's press service, the funds will be directed to the State Development Bank of the Kyrgyz Republic. These financial resources will be available for micro, small, and medium-sized enterprises that implement resource-saving technologies. Support will be provided for
In the Naryn region, a meeting was held to summarize the results of work on socio-economic development for the year 2025. During the meeting, data on the state of the region's economy was presented. In particular, it was reported that over the year, the volume of industrial production amounted to 16 billion 800 million soms, which exceeds the indicators of 2024 by 9 billion 964 million soms.
In the Naryn region, active construction is ongoing for 143 facilities, with a total cost of 11.2 billion soms. This information was announced at a meeting of the board in the presidential representative office in the region. According to the board's data, out of the 143 facilities, 110 are at the stage of capital construction, while the remaining 33 are at the stage of major repairs and reconstruction. Last year, in 2025, 19 social facilities were put into operation, including 8 schools,
On February 12, an agreement was signed in Bishkek between the Ministry of Finance of Kyrgyzstan and the Asian Infrastructure Investment Bank, under which a concessional loan of 50 million dollars was approved for the State Development Bank. The Ministry of Finance reports that these funds will be directed to support micro, small, and medium enterprises engaged in the implementation of "green" and resource-saving initiatives. Such projects include: * reducing energy consumption and
The draft amendments proposed by the Ministry of Economy and Commerce include changes to the Tax Code and other related laws. The main changes concern the mechanism for the transaction tax, as well as simplifying processes for foreign companies wishing to open accounts in Kyrgyz banks. What the proposal includesThe key aspect of the changes is the modification of the transaction tax mechanism. Previously, the tax rate was reduced from 0.2% to 0.1% for transfers through foreign banks, and the
An audit conducted at the municipal institution "Specialized Children and Youth Olympic Reserve School for Swimming, Modern Pentathlon, Fencing, Triathlon, and Judo 'Dolphin'" revealed serious discrepancies in the area of financial discipline and violations of the legislation of the Kyrgyz Republic concerning accounting, reporting, archival affairs, and internal control. This was reported by the press service of the mayor's office. All information collected during the
The State Tax Service of the Kyrgyz Republic has announced a new analytical system called "Salyk Kuzot." The main goal of this system is to enhance transparency in tax administration, reduce corruption risks, and create fairer conditions for businesses. This was reported by the PR department of the State Enterprise "Salyk Service" under the STS. According to Bakyt Jienbekov, Deputy Chairman of the STS KR, the system was developed in response to long-standing issues faced by
In Russia, another tightening of the recycling fee rules is planned, which, according to experts, will lead to an increase in car prices. This change, which has already become the second in the last few months, has been presented for consideration by the government of the Russian Federation. The initiative, developed by the Ministry of Industry and Trade, aims to revise the mechanisms for calculating the recycling fee for cars imported from the Eurasian Economic Union (EAEU) countries. The main
In the capital of Kyrgyzstan, Bishkek, a forum titled "The Future of Seed Production in Kyrgyzstan: Quality, Innovation, Partnership" opens today. The event is dedicated to the strategic development of the seed production sector in the country. The Ministry of Water Resources, Agriculture, and Processing Industry is the organizer of the forum in collaboration with the Department of Agricultural Crop and Horticulture Expertise, as well as the AgroLead group of companies and the Kyrgyz
According to information provided by two sources in investment circles, the owners of "Aviasales" are considering the possibility of selling their company. Ilya Shumov, an investment banker, valued the business at no less than $300 million, as reported by the publication "Kommersant." According to the sources, the sales process is in its early stages, and negotiations with potential buyers have not yet begun. One of the interlocutors pointed to the complex ownership
A cement plant is planned to be built in Tash-Kumyr. According to information from the president's representative in the Jalal-Abad region, an agreement was signed on February 13 between the Cabinet of Ministers and the LLC "Yug Euro Cement" for the implementation of an investment project to establish a cement plant in this city.
The Cabinet of Ministers of the Kyrgyz Republic has announced the start of the digitalization of agrochemical control. On February 5, 2026, a resolution was issued amending the rules for pesticide registration, which now allows all necessary documents to be submitted in electronic format.
The tax service reminds that the last day for the legalization of jewelry made of precious metals, which were imported or produced without primary documents, will be March 1. According to the agency, this initiative allows jewelry owners to avoid liability and tax obligations. There are only 16 days left to take advantage of this opportunity.
According to a study conducted by Reuters, China has become a central point for the import of foreign brand cars into Russia, which officially ceased sales in the country after 2022. Based on registration data and conversations with participants in the automotive market, it was found that tens of thousands of cars are entering Russia in violation of Western sanctions and obligations of automakers.
The State Tax Service of Kyrgyzstan reported that the opportunity to legalize jewelry without primary documents expires on March 1. This applies to both items that have already been imported and those produced in the country. This initiative relieves taxpayers of obligations related to the tax agent. Considering that there are only 16 days left until the deadline, it is advisable to hurry.
Recently, a large-scale seminar for local farmers was held in the Kara-Kulja district, organized by the Ministry of Agriculture of the Kyrgyz Republic. The purpose of the event was to enhance the qualifications of agrarians and to introduce modern agronomy methods into their practices.
In the At-Bashinsky district, a meeting took place between the head of the state administration and local residents. Akym Mukhtar Sherbaev, sharing his experience, noted that his career spans work in the banking sector, international organizations, and the mining industry. He emphasized that the knowledge gained from previous positions has already borne fruit. "I am not sharing my experience for no reason. We managed to increase the budget of the ayil okmotu from 2 million soms to 90
A meeting was held at the National Investment Agency under the President of the Kyrgyz Republic with a delegation from the Public Foundation "Kyrgyz Green Infrastructure Fund" and representatives of Sino American Global Fund, where projects in the field of renewable energy and agro-industrial production were discussed. The press service of the agency reported this. The main focus was on plans to construct a solar power station in the city of Balykchy, as well as the establishment of