The Ministry of Finance Implements International PEFA Standards in Budget Management
Economy / Exclusive

The Ministry of Finance Implements International PEFA Standards in Budget Management

The Ministry of Finance of the Kyrgyz Republic held a training seminar today dedicated to preparing for the national assessment of public financial management using the PEFA 2016 methodology. Opening the event, the First Deputy Minister of Finance Ruslan Suynaliev stated that PEFA, developed with the participation of organizations such as the World Bank, the International Monetary Fund, and the European Commission, is a recognized international standard for assessing budget processes.

10.03.2026, 14:37
Economy

Kyrgyzstan Became the Only EAEU Country with a Budget Surplus in 2025

According to data from the Eurasian Economic Commission, only Kyrgyzstan was able to finish the year 2025 with a positive budget balance among all member states of the EAEU. In the republican budget of Kyrgyzstan, the surplus increased by 40% compared to 2024, amounting to $0.6 billion, which is an increase from $0.4 billion.

10.03.2026, 14:30
Economy

More than 270 billion soms are the savings of Kyrgyz citizens in commercial banks

According to the National Bank, as of the end of January 2026, the total amount of savings of citizens placed in commercial banks of Kyrgyzstan reached 271 billion 59.8 million soms. This figure increased by 66 billion 166.1 million soms compared to the same period in 2025, which corresponds to a growth rate of 32.2 percent year-on-year.

10.03.2026, 14:14
Economy / Exclusive

Annual inflation in Kyrgyzstan reached 9.6%

As of February 20 of this year, the annual inflation rate in Kyrgyzstan was 9.6%. This was reported by Ainura Mambetkul kyzy, head of the monetary policy department of the National Bank of the Kyrgyz Republic. She noted that prices have increased by 1.8% since the beginning of the year.

10.03.2026, 13:53
Economy

The Ministry of Agriculture of Kyrgyzstan asks citizens to provide honest data on the number of livestock.

Erlis Akunbekov, the Minister of Water Resources, Agriculture, and Food Processing Industry, addressed the residents of Kyrgyzstan with a request to provide accurate data on livestock numbers during the upcoming agricultural census. According to him, some citizens may hide the number of livestock and poultry, not understanding the importance of accounting. This is due to a misconception that the census results could lead to denials of social benefits or the introduction of additional taxes.

10.03.2026, 13:41
Agricultural Census-2026. A coordination meeting was held in Bishkek
Economy / Exclusive

Agricultural Census-2026. A coordination meeting was held in Bishkek

Today, a coordination meeting dedicated to the preparation for the agricultural census took place in Bishkek, as reported by the Ministry of Agriculture of the Kyrgyz Republic. Representatives from the ministry and the National Statistical Committee, as well as district agricultural development offices, participated in the discussion via videoconference.

10.03.2026, 13:09
The Minister of Agriculture inspected the preparations for the sowing season in the Suzak District
Economy

The Minister of Agriculture inspected the preparations for the sowing season in the Suzak District

During his working trip to the Jalal-Abad region, Erlis Akunbekov, Deputy Chairman of the Cabinet of Ministers and Minister of Agriculture of Kyrgyzstan, held a meeting at the administration of the Suzak district. The main topic of discussion was the development of the agricultural sector in the region and addressing the pressing issues faced by local farmers. Meeting participants emphasized the irrigation problems, noting that there is a serious lack of water-saving infrastructure in the

10.03.2026, 12:44
Electricity tariffs will gradually increase taking inflation into account until 2030
Economy / Exclusive

Electricity tariffs will gradually increase taking inflation into account until 2030

From 2025 to 2030, a gradual increase in electricity tariffs is expected in Kyrgyzstan, which will occur in accordance with inflation indicators and without sharp price changes. This was stated by Timur Orozaliev, the director of the Department for Regulation of the Fuel and Energy Complex of the Ministry of Energy of the Kyrgyz Republic, in an interview with the program "Elden Sobol" on the Kabar agency. As Orozaliev noted, a medium-term tariff policy will come into effect from May

10.03.2026, 11:37
Economy

G7 Countries Ready to Release Part of Oil Reserves

In light of the energy crisis provoked by the conflict between the USA and Israel against Iran, the finance ministers of the G7 expressed their readiness to partially release their oil reserves. However, a final decision has not yet been made. Representatives of the seven leading economies in the world (the "G7" includes the USA, the UK, Germany, France, Italy, Canada, and Japan) emphasize their readiness to take action to stabilize the oil market.

10.03.2026, 11:16
Economy

Founders of LLCs to be held liable for the companies' tax debts

In Kyrgyzstan, discussions have begun on a draft law that proposes changes to several legislative acts concerning the activities of limited liability companies (LLCs). This draft law includes amendments to the Civil Code, as well as to the laws "On Economic Partnerships and Societies" and "On Bankruptcy (Insolvency)."

10.03.2026, 11:07
Economy

A new board of directors has been elected at the Association for the Development of the Agricultural Sector of Kyrgyzstan

On March 6, an annual general meeting of the Association for the Development of the Agro-Industrial Complex of Kyrgyzstan was held in Bishkek. This was reported in a press release received by the editorial office. More than 125 representatives of the agricultural sector participated in the meeting, including heads of farms, processing enterprises, and suppliers of agricultural machinery and technologies.

10.03.2026, 10:55
Exchange rates in commercial banks of Kyrgyzstan on March 10
Economy

Exchange rates in commercial banks of Kyrgyzstan on March 10

Information about exchange rates has been collected from the official websites of commercial banks. If you have any questions regarding the data, it is recommended to contact the financial institutions directly. This information is current as of the time of publication. Please note that the exchange rates are intended for cash transactions and may change throughout the day.

10.03.2026, 10:53
A Chinese company will upgrade irrigation in the Bazar-Korgon district
Economy

A Chinese company will upgrade irrigation in the Bazar-Korgon district

The project launch ceremony was attended by the Deputy Chairman of the Cabinet of Ministers of the Kyrgyz Republic, responsible for water resources, agriculture, and the processing industry. Local authorities, investors, residents of Bazar-Korgon, and specialists from the Chinese contracting company China Road were present at the event. This initiative aims to fundamentally renew the water infrastructure, which plays a key role for eight settlements. The project includes a complete

10.03.2026, 10:50
In Bishkek, 11 points of meat sales at reduced prices will open
Economy

In Bishkek, 11 points of meat sales at reduced prices will open

The Ministry of Agriculture and Water Resources reported that the price of meat will be 680-700 soms. Deputy Minister of Agriculture Mirbek Duyshiev announced the launch of 11 new points of meat sale in Bishkek, where the prices for the products will be reduced. He specified that in these stores, the cost of meat on the bone will be 680–700 soms. It is worth noting that there is state regulation of meat prices in Kyrgyzstan; however, many citizens regularly complain about inflated prices for

10.03.2026, 10:42
Economy

Saidikram Niyazkhodjaev Shared Experience in Reducing Water Losses in Uzbekistan

On the air of "Birinchi Radio," the Extraordinary and Plenipotentiary Ambassador of the Republic of Uzbekistan to Kyrgyzstan, Saidikram Niyazkhodjaev, shared achievements in reducing water losses in the country. In his opinion, significant efforts have been made over the past few years: more than 60 trillion sums from the budget and 622 million dollars in foreign investments have been directed towards the development of technologies aimed at water conservation.

10.03.2026, 10:20
Economy

The Cabinet softened the ban on the export of petroleum products

Changes to the decree on the temporary ban on the export of oil and petroleum products beyond the customs territory of the Eurasian Economic Union have been made by the Cabinet of Ministers. This decree pertains to the resolution adopted on March 1, 2021, under number 66.

10.03.2026, 10:19
Economy

The State Mortgage Company is restructuring its charter capital

In Kyrgyzstan, the State Mortgage Company (GIK) has decided to restructure its charter capital. This was done at an extraordinary general meeting of shareholders. As part of the first stage of the process, GIK plans to annul 95,196 shares, each with a nominal value of 100,000 soms. In total, the amount of the annulled package will be 9 billion 519.6 million soms.

10.03.2026, 10:08
Economy

Attack on Iran. Brent oil price fell below $90 per barrel

Recent trading data shows that the price of Brent crude oil has fallen below the $90 per barrel mark. This information is confirmed by the results of trading operations. Brent oil futures for May 2026 on the London ICE exchange dropped below $90 just a day after reaching a peak of $119.

10.03.2026, 09:18
Euro and ruble hit annual lows. Currency exchange rates for March 10
Economy

Euro and ruble hit annual lows. Currency exchange rates for March 10

Photo from the internet. The Russian ruble continues to lose value against the som Today, March 10, there is a decrease in the exchange rates of the euro, the Russian ruble, and the Chinese yuan against the som. At the same time, the US dollar and the Kazakh tenge remained at previous levels. This data is provided by the National Bank of Kyrgyzstan and exchange offices in Bishkek. US Dollar:

10.03.2026, 09:15
Economy

The Ambassador of Uzbekistan to Kyrgyzstan spoke about the distribution of water resources

On the air of "Birinchi Radio," the Extraordinary and Plenipotentiary Ambassador of Uzbekistan to the Kyrgyz Republic, Saidikram Niyazkhodjaev, shared information about the cooperation between the two countries in the field of water resource distribution and transboundary river management. He emphasized that in conditions of water scarcity, the effective use of resources becomes one of the most important tasks for Central Asia.

10.03.2026, 09:09
A new warehouse for 200 tons of products has been built in the Bazar-Korgon district
Economy

A new warehouse for 200 tons of products has been built in the Bazar-Korgon district

A new warehouse for storing vegetables and fruits, located in the Bazar-Korgon district of the Jalal-Abad region, has passed a readiness inspection by Nurdin Dovletov, the head of the Department of Interaction with Regions and Land Resource Management of the Ministry of Agriculture of the Kyrgyz Republic. The facility, situated in the territory of the Aigyr-Jal Saydikum rural area, is completed and ready for use. This logistics center, covering an area of about 280 square meters, was built on

10.03.2026, 08:59
Exchange rates for March 10
Economy / Exclusive

Exchange rates for March 10

As of March 10, the National Bank of Kyrgyzstan presented updated official exchange rates against the som. According to the information provided by the regulator, the current values are as follows: - US Dollar (USD) — 87.45 som; - Euro (EUR) — 100.88 som (decrease); - Russian Ruble (RUB) — 1.107 som (slight decrease); - Kazakh Tenge (KZT) — 0.17 som; - Chinese Yuan (CNY) — 12.64 som (slight decrease). In commercial banks in the capital, the dollar can be purchased on average for 87.35 som and

10.03.2026, 08:54
Economy

Threat of a Global Energy Crisis. The USA Has Lifted Some Sanctions from Certain Countries

In the context of the escalating energy crisis, U.S. President Donald Trump announced a partial lifting of sanctions related to the oil sector of several countries. This decision is aimed at stabilizing oil prices. Trump noted: “We are making the decision to lift certain sanctions on oil to help lower prices. We have restrictions against some states, and we plan to lift them until the situation stabilizes.” However, he did not specify which countries were involved.

10.03.2026, 07:53
Economy

Volatility in the Gold Market: How It Affected the Country's Reserves

At present, gold prices are showing record growth. Over the past year, the value of the precious metal has increased by 86.5%, leading to a price of over $5,000 per ounce. This situation has a significant impact on Kyrgyzstan, as gold constitutes a major part of the country's international reserves. Although gold reserves in Kyrgyzstan have significantly increased over the past ten years, it is the fluctuations in the price of this metal that have become the main factor contributing to the

09.03.2026, 18:29
Former MP joined the board of directors of the State Development Bank
Economy / Exclusive

Former MP joined the board of directors of the State Development Bank

Aynura Osmonova has been appointed to the board of directors of the State Development Bank, who previously served as a deputy of the Jogorku Kenesh of the VI convocation. The corresponding decision was made by the sole shareholder on March 3, 2026, while Osmonova does not hold a stake in the bank's charter capital. This information was published by the Kyrgyz Stock Exchange. It should be noted that Aynura Osmonova has significant experience in the banking sector, having previously held

09.03.2026, 18:24
In the Aravan District, preparations are underway for the construction of the long-awaited reservoir
Economy

In the Aravan District, preparations are underway for the construction of the long-awaited reservoir

Erlis Akunbekov, who holds the position of Deputy Chairman of the Cabinet of Ministers and Minister of Water Resources, made a working trip to the Osh region, where he visited the Dangi site in the Aravan District. The visit took place with the accompaniment of the presidential representative Amanakan Kenjebayev and the district akim Daniyar Erkimbaev, who jointly inspected the area designated for the construction of the new reservoir. This project is of key importance for the south of the

09.03.2026, 18:23
Royal Central Park – construction of subsection The Essence begins – additional 5% discount
Economy

Royal Central Park – construction of subsection The Essence begins – additional 5% discount

With the start of construction of five new towers, the company is offering an additional 5% discount and unique conditions for the first buyers. On March 3, 2026, as part of the Royal Central Park project, the official launch of the construction of the subsection The Essence took place, marking an important step in the implementation of the master plan for the development of the metropolis. This event opens new horizons for living in Bishkek, combining modern architecture, extensive

09.03.2026, 18:19
Economy

Excise Taxes on Alcohol Have Started Bringing More Money to Kyrgyzstan's Budget

According to the Ministry of Finance, in January 2026, the budget of Kyrgyzstan was replenished by 235 million 133 thousand soms (approximately $2.6 million) due to excise taxes on alcohol produced and sold in the country. The majority of these funds came in February from vodka sales, amounting to 175.1 million soms, as well as from packaged beer — 33.8 million soms and cognac — 12.6 million soms.

09.03.2026, 18:10
Economy

The City Hall has set parking prices in the center of Bishkek and in other areas (price list)

In the Bishkek City Council, a discussion is expected regarding a resolution concerning "Regulating the Activities of Municipal Parking Lots and Stands in the Capital." This project, proposed by the city administration, is available for public discussion. Essence of the ProposalThe authors of the document emphasize that unmanaged parking in urban areas leads to an increase in the flow of vehicles, which in turn exceeds the capacity of the road network and creates traffic jams in the

09.03.2026, 17:52
Economy

The amount that Kyrgyz citizens keep in banks has been named

According to information from the National Bank, as of the beginning of January 2026, citizens of Kyrgyzstan held a total of 271 billion 59.8 million soms in deposits at financial institutions. Of this amount, 12.5 billion soms were in current accounts, 128.6 billion soms were in demand deposits, and 129.9 billion soms were in term deposits.

09.03.2026, 17:51
Economy

The Cabinet expanded the mechanisms for operating the account to alleviate the public debt

In Kyrgyzstan, amendments have been made to decree No. 473, dated August 6, 2025, which defines the procedure for operating the account intended to facilitate public debt. The corresponding decree was signed by Prime Minister Adylbek Kasymaliev. It is reported that the account will now be used to manage both domestic and external debt. The updated list of sources for fund formation includes:

09.03.2026, 17:49
Deputy: Domestic producers find it difficult to get on the shelves of hypermarkets
Economy

Deputy: Domestic producers find it difficult to get on the shelves of hypermarkets

Deputy of the Jogorku Kenesh Mahabat Mavlyanova raised the issue of the difficulties faced by domestic producers in Kyrgyzstan when trying to get their products on the shelves of large hypermarkets. This was discussed at a meeting of the parliamentary committee, where a new version of the "On Competition" law was considered. Photo by the press service of the Jogorku Kenesh. Mahabat Mavlyanova According to Mavlyanova, the high requirements of retail chains and significant trade

09.03.2026, 17:18
The Committee of the Jogorku Kenesh approved the bill for improving roads in Osh.
Economy / Exclusive

The Committee of the Jogorku Kenesh approved the bill for improving roads in Osh.

At the last meeting of the Committee on International Affairs, Defense, Security, and Migration, the bill "On the Ratification of the Financing Agreement between the Kyrgyz Republic and the Eurasian Development Bank for the project 'Improvement of Roads in the City of Osh'" was reviewed and approved. This project, signed on December 29, 2025, in Bishkek, includes the construction of two elevated bridges and a road section with a length of 3.2 km. The bill was presented by

09.03.2026, 14:34
The Minister of Agriculture inspected a leading farm in Suzak
Economy

The Minister of Agriculture inspected a leading farm in Suzak

As part of his working trip to the Jalal-Abad region, Deputy Chairman of the Cabinet of Ministers, also acting Minister of Water Resources, Agriculture, and Processing Industry Erlis Akunbekov visited the breeding farm "Toygonbay Ata," located in the village of Kyzyl-Senir. Here, the minister learned about the results of the enterprise, which is engaged in breeding high-yield Holstein-Friesian cattle. According to the farm manager, Salavat Toygonbaev, over the past two years, the

09.03.2026, 14:18
EABR: Kyrgyzstan's Budget Surplus in 2025 Reached 2.5% of GDP
Economy / Exclusive

EABR: Kyrgyzstan's Budget Surplus in 2025 Reached 2.5% of GDP

In a recent analysis conducted by the Eurasian Development Bank, data on the budget situation in Kyrgyzstan was presented. According to the report, state revenues in 2025 exceeded expenditures, resulting in a surplus of 2.5% of gross domestic product. In comparison, this figure was 2.4% in the previous year. Economists also noted a significant increase in funding allocated for the development of key sectors such as the fuel and energy complex, agriculture, and mining. The increase in

09.03.2026, 14:11
In the Aravan District, preparations for spring fieldwork were discussed
Economy

In the Aravan District, preparations for spring fieldwork were discussed

A meeting was held at the Aravan District State Administration, attended by the Minister of Water Resources, Agriculture, and Processing Industry Erlis Akunbekov and the Presidential Representative in the Osh Region Amankan Kenjebaev. The main topics of discussion were plans for the upcoming agricultural season of 2026 and an analysis of the work of the agricultural departments of the Aravan and Nookat districts. According to forecasts, more than 22,000 hectares of land in the Aravan district

09.03.2026, 14:07
Ministry of Energy: For many years, the electricity tariff in the country remained below the actual cost of production.
Economy

Ministry of Energy: For many years, the electricity tariff in the country remained below the actual cost of production.

The ministry clarified the current situation with tariffs The Ministry of Energy reported that for several years, electricity tariffs in the country were below the actual cost of production. This necessitated compensating the difference through budget funds, which created financial difficulties for the energy sector. According to the agency, significant changes are taking place in the country's energy sector in recent years. Particularly noticeable progress has been observed since the

09.03.2026, 13:50
The Speaker of the State Duma discussed the development of inter-parliamentary and economic relations with the Ambassador of China.
Economy / Exclusive

The Speaker of the State Duma discussed the development of inter-parliamentary and economic relations with the Ambassador of China.

The meeting of the Speaker of the Jogorku Kenesh, Marlen Mamataliyev, with the Ambassador of China to Kyrgyzstan, Liu Jiangping, took place as part of strengthening bilateral relations. According to the parliament's press service, key aspects of Kyrgyz-Chinese cooperation and opportunities for further development of inter-parliamentary relations were discussed during the conversation.

09.03.2026, 13:32