Economy

Agreement with Silvercorp Metals for the Chaarat gold deposit approved

The Cabinet of Ministers of the Republic of Kyrgyzstan has given the green light to the draft agreement on partnership with Silvercorp Metals, Inc. and CJSC "Chaarat ZAV" for the development of the Tulkubash and Kyzylbash sites within the Chaarat deposit. The signing of the document will be carried out on behalf of the government by the head of the National Investment Agency, Ravshanbek Sabirov.

13.02.2026, 11:37
The company "RCA Living" has expanded its site, Bishkek will receive over $1 million more
Economy

The company "RCA Living" has expanded its site, Bishkek will receive over $1 million more

The company "RCA Living," which is engaged in the construction of a large residential complex in Bishkek, has decided to allocate an additional approximately 0.8 hectares of land. This decision will result in the capital's budget receiving more than $1 million. This information was published in a government decree. Company photo. Illustration of the 'RCA Living' project Now the total area allocated for rental by investors is 54.3 hectares. Over 49 years, the total

13.02.2026, 11:28
In Kyrgyzstan, the first regional helicopter repair center has been opened
Economy

In Kyrgyzstan, the first regional helicopter repair center has been opened

On the territory of the Ak-Chiy free economic zone in Kyrgyzstan, the first regional center dedicated to the repair and training of specialists for Mi-171 and Mi-8 helicopters has been opened. The importance of this project was emphasized by the head of the National Investment Agency, Ravshanbek Sabirov, who familiarized himself with the stages of its implementation.

13.02.2026, 10:48
Economy

Intra-regional investments in Central Asia have increased fourfold - EDB

According to the report by the Eurasian Development Bank, the volume of intraregional investments in Central Asia has increased fourfold over the past five years. It is noted that mutual accumulated investments between the countries of the region have significantly grown. In 2024-2025, the increase amounted to approximately $400 million, which corresponds to a growth of 42 percent, reaching a total of $1.3 billion. Compared to 2020, the volume of mutual foreign direct investments has nearly

13.02.2026, 10:40
Exchange rates in commercial banks of Kyrgyzstan as of February 13
Economy

Exchange rates in commercial banks of Kyrgyzstan as of February 13

Information about the exchange rates presented below was collected from the websites of commercial banks. If you have any questions regarding the data, it is recommended to contact the banks directly. This data is current as of the time of publication. The exchange rate may change throughout the day. For more detailed information on the official rate of the National Bank of Kyrgyzstan and the rates at exchange offices in Bishkek, see here.

13.02.2026, 10:18
A free seminar on digital literacy and cryptocurrency will be held in Bishkek
Economy / Exclusive

A free seminar on digital literacy and cryptocurrency will be held in Bishkek

A free educational seminar dedicated to cryptocurrencies will take place in Bishkek on February 21. According to information provided by the secretariat of the National Council for the Development of Virtual Assets and Blockchain Technologies, the aim of the event is to enhance the digital and financial literacy of citizens, develop practical skills in blockchain technologies, and foster a responsible approach to the use of virtual assets.

13.02.2026, 10:13
The forum "Agrodialog-2026" will be held in Bishkek
Economy / Exclusive

The forum "Agrodialog-2026" will be held in Bishkek

According to the press service of the Ministry of Water Resources, Agriculture, and Processing Industry, Kyrgyzstan is entering a new era of cooperation in the agricultural sector. From February 18 to 21, an agro-industrial forum titled "Agrodialog–2026" will take place in Bishkek. During the event, it is planned to sign over 100 memorandums aimed at attracting foreign investments, implementing modern technologies, and increasing the export potential of local products.

13.02.2026, 10:13
Aliya Choibekova: I help others launch projects and change their lives
Economy

Aliya Choibekova: I help others launch projects and change their lives

Women entrepreneurship in Kyrgyzstan is becoming increasingly prominent. In particular, among successful women in the online business sector, information producers stand out, such as Aliya Choybekova, who has achieved significant success in the online sphere. In a conversation with VB.KG, Aliya shared her experience in her little-known profession, explaining how she managed to turn ideas into a successful business and help other Kyrgyzstanis enter the vast online market, unlock their creative

13.02.2026, 09:25
Yuan Sets Another Record, Ruble Remains Stable. Exchange Rates as of February 13
Economy

Yuan Sets Another Record, Ruble Remains Stable. Exchange Rates as of February 13

The Chinese yuan has once again reached a historical record in its exchange rate. At the same time, the euro and the Kazakh tenge are showing a decline, while the Russian ruble has slightly strengthened. The exchange rate of the US dollar remains at the same level. This data is provided by the National Bank of Kyrgyzstan and exchange offices in Bishkek. Exchange rate of the US dollar:

13.02.2026, 09:18
Economy

Changes in the "Aiyl Bank" Management

Personnel changes have occurred in the management of OJSC "Aiyl Bank," as reported by the Kyrgyz Stock Exchange. At the meeting of the board of directors held on February 12, a decision was made to terminate the duties of Marlis Usenov, who held the position of managing director and was a member of the bank's board. His successor has not yet been appointed.

13.02.2026, 09:15
Economy

Officials and the World Bank Discussed Investor Rights Protection in Kyrgyzstan

In Bishkek, a meeting took place where Ravshanbek Sabirov, head of the National Investment Agency, discussed issues related to investment regulation reforms in Kyrgyzstan with Hugh Riddell, a representative of the World Bank. According to the agency's press service, the discussion covered several key aspects, including the creation of modern legislation in the investment sector, mechanisms for protecting investors' rights, and measures to enhance predictability and stability in

13.02.2026, 09:04
Economy

The government extended the zero VAT rate on feed for fish farms.

The Cabinet of Ministers of Kyrgyzstan has extended the zero VAT rate on feed for fish farms until the end of 2027. This decision was approved by the head of the government, Adylbek Kasymaliev, and formalized in the form of amendments to the resolution "On measures to ensure food security and stabilize market prices." The main goal of this step is to support local producers.

13.02.2026, 08:50
The Fishery Industry of Kyrgyzstan Has Entered the International Arena in Antalya
Economy

The Fishery Industry of Kyrgyzstan Has Entered the International Arena in Antalya

The event held in Antalya was attended by a delegation from Kyrgyzstan, consisting of key players in the fishing industry, including LLC "Aqua Prom," LLC "Eftar Agro Complex," LLC "Salikh and Co," and the BioJem plant, which specializes in fish feed production. At the exhibition, Kyrgyz companies showcased a diverse range of their products, including trout caviar, smoked delicacies, and specialized aquaculture feeds. Participation in such a significant event

13.02.2026, 08:50
Economy

The USA may invest over $13 billion in Armenia's economy - Bloomberg

Armenia is on the verge of a significant increase in foreign investments from the United States, which could exceed $13 billion, roughly equivalent to half of the country's annual gross domestic product. This was reported by Bloomberg. According to the information, such investments could help Armenia reduce its economic dependence on Russia.

12.02.2026, 21:35
The budget revenues of Bishkek in 2025 exceeded the plan by 1 billion 100 million soms.
Economy

The budget revenues of Bishkek in 2025 exceeded the plan by 1 billion 100 million soms.

Over the past five years, revenues to the capital's budget have increased by 3.6 times. The final meeting of the Bishkek city hall board, dedicated to the socio-economic development of the capital for 2025 and tasks for 2026, was held under the chairmanship of Adylbek Kasymaliev, head of the cabinet of ministers. The first deputy mayor, Mirlanbek Baigonchokov, presented a consolidated report on the implementation of the revenue part of the local budget. According to him, over the past

12.02.2026, 19:20
Economy

In 2025, 320 licenses were revoked in the mining industry of Kyrgyzstan

In 2025, 320 licenses were revoked in Kyrgyzstan in the field of subsoil use due to various violations. This became known at a meeting of the board of the Ministry of Natural Resources, Ecology, and Technical Supervision. “In the last five years, systemic reforms have been carried out in the industry, which has strengthened state control. In 2024-2025, 8 major projects were launched, and in 2025, 105 new licenses were issued. Currently, there are 2014 active licenses in the country,” the

12.02.2026, 19:17
INTEGRA CITY presented AI solutions for smart and sustainable cities at Ai Everything Egypt 2026
Economy

INTEGRA CITY presented AI solutions for smart and sustainable cities at Ai Everything Egypt 2026

How the AI ecosystem INTEGRA CITY contributes to the creation of "smart" and sustainable cities on the international stage Photo : International Exhibition Ai Everything Middle East & Africa (MEA) Egypt 2026 From February 11 to 12, 2026, Cairo will host the international exhibition Ai Everything Middle East & Africa (MEA) Egypt 2026, gathering global technology leaders, investors, and representatives of government structures. This event will discuss new trends in the

12.02.2026, 18:46
The local budget revenues of Bishkek reached 30.6 billion soms
Economy / Exclusive

The local budget revenues of Bishkek reached 30.6 billion soms

The data on the local budget revenues of the capital over the past five years show an increase of 22.1 billion soms, which corresponds to a 3.6-fold increase. This statement was made by the first deputy mayor of Bishkek, Mirlanbek Baigonchokov, at the final meeting of the city hall. According to him, this trend indicates a significant strengthening of the financial base and an improvement in the financial capabilities of the city's budget. By the end of 2025, the actual revenues of the

12.02.2026, 18:14
Baigonchokov: The average salary in Bishkek has exceeded 50,000 soms
Economy / Exclusive

Baigonchokov: The average salary in Bishkek has exceeded 50,000 soms

In Bishkek, on February 12, under the leadership of the Chairman of the Cabinet of Ministers and the Head of the President's Administration of the Kyrgyz Republic, Adylbek Kasymaliev, a final meeting of the capital's mayoralty board took place. According to the mayor's office, the First Deputy Mayor, Mirlanbek Baigonchokov, presented the results of the city's socio-economic development for 2025:

12.02.2026, 17:55
How Tourism Between Bishkek and Almaty Will Be Developed - A New Plan Has Been Presented
Economy

How Tourism Between Bishkek and Almaty Will Be Developed - A New Plan Has Been Presented

A new master plan aimed at developing the tourism corridor between Almaty and Bishkek (EКAB) was launched in Bishkek. This project was developed with the support of the Asian Development Bank and focuses on sustainable and "green" tourism, as reported by the press service of the Ministry of Economy. The document covers the territories of Kazakhstan and Kyrgyzstan, aiming to develop tourism clusters, improve transport connectivity, and initiate investment projects along the corridor.

12.02.2026, 17:48
Miners in Kyrgyzstan Slightly Reduced Electricity Consumption (Chart)
Economy

Miners in Kyrgyzstan Slightly Reduced Electricity Consumption (Chart)

By the end of 2025, the total electricity consumption by miners amounted to 213.2 million kWh, which is 2.4% less compared to the previous year. This data was obtained as a result of analyzing reports provided by the mentioned service. According to the same reports, in 2025, miners contributed 206.17 million soms to the state budget of Kyrgyzstan, which is 150.34 million soms more than in 2024.

12.02.2026, 16:37
One of the largest airlines in China will launch flights from Bishkek to Guangzhou
Economy

One of the largest airlines in China will launch flights from Bishkek to Guangzhou

Flights will be operated twice a week China Southern Airlines, one of the leading carriers in China, has announced the launch of direct flights from Bishkek to Guangzhou. Starting from March 29, 2026, flights will be operated twice a week, on Wednesdays and Sundays, connecting the capital of Kyrgyzstan with the city of Guangzhou in Guangdong Province. This information was announced by the Ministry of Foreign Affairs of the Kyrgyz Republic. China Southern Airlines, based at Guangzhou

12.02.2026, 16:36
Economy

Trillions of Soms. The turnover of Kyrgyzstan's crypto sector in 2025 has been named

According to the report from the Financial Market Regulation and Supervision Service, by the end of 2025, the total volume of operations by virtual asset service providers in the country will reach 2 trillion 735 billion 62.5 million soms, demonstrating a threefold increase compared to the previous year. The Service emphasizes that such figures indicate the active development of the virtual asset market and the increasing involvement of users in transactions with digital assets.

12.02.2026, 16:22
Economy

Kyrgyzstan Became the Leader of the EAEU in Agricultural Product Price Growth in 2025

According to the results of 2025, Kyrgyzstan once again ranked first in price growth among agricultural producers among the EAEU countries, as evidenced by data provided by the Eurasian Economic Commission. While in Russia, prices for agricultural products increased by 9.8%, in Belarus this figure was 8.4%, in Armenia — 4.7%, and in Kazakhstan, there was a slight decrease of 0.1%.

12.02.2026, 16:17
Economy

The Ministry of Economic Development has started the development of a small business support program until 2030.

The Ministry of Economy and Commerce has begun work on a program aimed at supporting and developing small and medium-sized businesses until 2030. In the ministry's press service, they emphasized the importance of involving the opinions of business representatives, experts, and public organizations to create a practical document. This will help in forming effective state policy that takes into account the real needs of the market.

12.02.2026, 16:08
Economy

Kazakhstan leases land from Kyrgyzstan at Issyk-Kul for 49 years

Kyrgyzstan will lease land plots to Kazakhstan for a period of 49 years. Senators ratified the corresponding agreement and contract between the countries, reports Tengrinews.kz. The agreement signed between the governments of Kazakhstan and Kyrgyzstan concerns the regulation of property rights to resort facilities located in the Issyk-Kul region. It extends Kazakhstan's obligations to modernize the facilities to the level of 3- and 4-star hotels by the end of 2029, excluding bases. This

12.02.2026, 14:44
The Bishkek City Hall has increased rental fees at the markets
Economy

The Bishkek City Hall has increased rental fees at the markets

The city hall emphasizes that this decision contributes to the development of trading areas. At the meeting of the Bishkek City Committee held on February 11, it was announced that the rent for markets in the capital has been raised. As noted by Ulan Kurmanbekov, the chief engineer of the municipal enterprise "City Road and Transport Infrastructure," the rent has been increased by up to 20%. This decision is aimed at further developing market infrastructure. The official also

12.02.2026, 13:39
Economy

The Bishkek City Hall received 95 new buses and 42 units of special equipment

In a solemn setting held at Depot No. 1, Adylbek Kasymaliev handed over the keys to the Bishkek mayor's office for 95 buses and 42 units of special equipment. This was reported by the press service of the mayor's office. The head of the Cabinet of Ministers emphasized the importance of further technical modernization of municipal enterprises. He urged city service employees to use the new equipment responsibly and to improve the quality of services provided to the population.

12.02.2026, 13:05
Ministry of Agriculture of the Kyrgyz Republic Outlines Plans for Plant Protection for 2026
Economy

Ministry of Agriculture of the Kyrgyz Republic Outlines Plans for Plant Protection for 2026

On February 10, 2026, a significant expanded meeting was held in the Kyrgyz Republic, organized by the Department of Chemicalization, Plant Protection, and Quarantine under the Ministry of Water Resources, Agriculture, and Processing Industry. During the meeting, participants analyzed the results of the department's work over the past year and discussed the strategy for the upcoming agricultural season. Among the participants were the First Deputy Minister Zhanibek Kerimaliev, heads of

12.02.2026, 12:46
A solar station will be built in the Aravan district for $65 million
Economy / Exclusive

A solar station will be built in the Aravan district for $65 million

In the Osh region, in the village of Sary-Tash, located in the Aravan district, the construction of a solar power station with a capacity of 105 MW is planned on an area of 200 hectares. Today, during a working trip to the Aravan district, Amanakan Kenzhebaev, the head of the Osh region, got acquainted with the land allocated for the project and held a meeting with relevant specialists.

12.02.2026, 12:42
Investments of $100 million and a new base: The KR Tourism Fund reported on reforms
Economy

Investments of $100 million and a new base: The KR Tourism Fund reported on reforms

At a meeting of the Collegium of the Ministry of Economy and Commerce, organized with the participation of Deputy Chairman of the Cabinet of Ministers Bakyt Torobaev, the results of the work of the Tourism Development Support Fund of the Kyrgyz Republic for 2025 were summarized. The General Director of the Fund, Adilet Januzakov, presented the results, highlighting significant changes in resource management and the launch of strategic investment initiatives.

12.02.2026, 12:29
Experts from Qatar and China will speak at the "Agrodialog–2026" forum in Bishkek
Economy / Exclusive

Experts from Qatar and China will speak at the "Agrodialog–2026" forum in Bishkek

This year, the agro-industrial forum "Agrodialog–2026" will be held at an international level, as reported by the organizational committee of the Ministry of Water Resources, Agriculture, and Processing Industry of the Kyrgyz Republic. Highly qualified specialists and experts from China, Qatar, and other neighboring countries will participate in the event, sharing their knowledge and experience in modern technologies and effective agricultural practices. Foreign experts will present

12.02.2026, 12:26
Strict Phytosanitary Control of Imported Seedlings Introduced in Osh
Economy

Strict Phytosanitary Control of Imported Seedlings Introduced in Osh

To protect the agricultural sector of Kyrgyzstan, the Osh Department of the Chemicalization, Plant Protection, and Quarantine Service has decided to implement strict control measures for the import of planting material. According to the press service of the Ministry of Agriculture, the inspection process will be carried out in two stages aimed at preventing the entry of pests into the territory of the republic.

12.02.2026, 12:18
Economy

Over $3.4 billion in remittances came to Kyrgyzstan last year

According to the National Bank, in December 2025, the total volume of money transfers to Kyrgyzstan reached $267.6 million, while for the entire year it amounted to $3 billion 491.2 million. The largest number of transfers came from CIS countries, totaling $245.5 million, while $22.1 million was received from far abroad.

12.02.2026, 11:49
Economy / Exclusive

In Kyrgyzstan, navigation seals are being used to track cargo transportation in the EAEU. Photo

According to the press service of JSC "State Customs Infrastructure," the process of implementing seals has been successful. The company's specialists have applied seals to the first international shipments, confirming the system's readiness for operation. Previously, this system was used only at the domestic level within the republic, and now it has begun functioning as part of integration cooperation within the EAEU.

12.02.2026, 11:25
Aksy District Prepares for the Launch of a New Irrigation System
Economy

Aksy District Prepares for the Launch of a New Irrigation System

In the Aksy District, work is actively nearing completion on a large-scale project to create a new irrigation system in the Kashka-Suu rural area. This project will address the long-standing issue of water scarcity for irrigation in the villages of Sögöt and Kara-Töbö.

12.02.2026, 11:12
Economy

The government plans to make banks active investors in the real sector of the economy.

In accordance with the Development Program of Kyrgyzstan until 2030, the financial sector will become the main tool for supporting the real economy of the country. The presented document emphasizes digitalization, attracting investments, and expanding access to innovative services. Banks and intergovernmental development funds will play an important role in this process, acting as active investors in the fields of industry, energy, and agriculture.

12.02.2026, 11:08
Exchange rates in commercial banks of Kyrgyzstan on February 12
Economy

Exchange rates in commercial banks of Kyrgyzstan on February 12

Information about currency exchange rates is provided based on data from commercial banks. If you have any questions regarding the provided data, it is recommended to contact the banks directly. The relevance of the information is maintained at the time of publication. The indicated rates apply to cash currency exchange and may change throughout the day.

12.02.2026, 10:40
Roza Orozakunova: Soil Analysis - The Key to Saving Crops in Drought
Economy

Roza Orozakunova: Soil Analysis - The Key to Saving Crops in Drought

Climate change and the deterioration of land conditions are creating new challenges for farmers in Kyrgyzstan. In an interview with a journalist from VB.KG, the head of the Central Asia Agricultural Resources Research Laboratory at KNAU, candidate of biological sciences, and associate professor Roza Orozakunova explained why the results of soil laboratory analysis are becoming more important for farmers than weather forecasts. She also noted that according to legislation, every farmer is

12.02.2026, 10:16
Economy

More than 6 billion soms from pension savings paid to Kyrgyz citizens

As of February 1, the Social Fund of Kyrgyzstan reported the payment of 6 billion 73 million soms to nearly 230 thousand citizens. These funds were allocated from pension savings. It is important to note that the law allows the use of pension savings not only upon reaching retirement age. Citizens can direct these funds towards repaying mortgage loans, including financing based on Islamic principles, as well as for down payments in shared construction. Military personnel who have reached the

12.02.2026, 09:41
The EU plans to ban any transactions with cryptocurrencies related to Russia.
Economy

The EU plans to ban any transactions with cryptocurrencies related to Russia.

New restrictions may facilitate the emergence of new participants in the market According to information published by the Financial Times and reported by TRT, the European Commission plans to impose a ban on any cryptocurrency transactions involving Russia. The article clarifies that such strict measures against cryptocurrency service providers may contribute to the emergence of new companies in the market. The document states: "To ensure the effectiveness of sanctions, the [EU]

12.02.2026, 09:39