Economy

Kyrgyzstan is the only country in the EAEU that has a budget surplus

Since the beginning of the year, Kyrgyzstan has demonstrated a positive balance in the republican budget, which amounted to $1 billion. This data was published in the materials of the statistics department of the Eurasian Economic Commission. According to the report, the total budget revenues for the first nine months of the current year reached $4.9 billion, while expenditures amounted to $3.9 billion. This includes operations with non-financial assets.

22.11.2025, 18:37
Economy

Certificates of Conformity Issued in Kyrgyzstan Are Questioned in Russia

As reported by "Kommersant," Rosakkreditatsiya has decided to revoke questionable certificates issued within the framework of the EAEU. The Russian authorities are tightening control over the quality of products entering the country's market. Starting from November 30, 2025, a mechanism will be implemented that allows for the revocation of certificates and declarations of conformity if their authenticity is not confirmed by other member states of the Eurasian Economic Union.

22.11.2025, 15:36
Bishkek's Grocery Basket as of November 22. How Prices Changed Over the Week
Economy

Bishkek's Grocery Basket as of November 22. How Prices Changed Over the Week

This week, Bishkek has seen an increase in prices for products such as tomatoes, buckwheat, potatoes, onions, carrots, and vegetable oil. At the same time, prices for rice, cucumbers, cabbage, pears, bananas, and eggs have decreased. As a result, over the past seven days, the cost of the minimum set of products decreased by 109 soms and amounted to 6,423 soms.

22.11.2025, 13:34
Economy

EEC Again Records High Growth Rate of Housing Commissioning in Kyrgyzstan

According to the statistics department of the Eurasian Economic Commission, since the beginning of 2024, there has been a significant increase in housing construction in Kyrgyzstan – by 34.3 percent compared to the same period last year. From January to September, 1.3 million square meters of residential space were put into operation in the country. Kyrgyzstan and Armenia demonstrated the highest growth rates among the countries of the Eurasian Union.

22.11.2025, 10:22
Economy

Drinking Less? Analysts Have Reduced the Forecast for Alcohol Consumption in 2025

The analytical company International Wine and Spirits Research (IWSR) has revised its forecasts for alcohol consumption in 2025. The corresponding report indicates an upcoming decline in overall consumption volume. According to new data, global alcohol consumption is expected to decrease by 0.4% in 2025 compared to the previous year.

21.11.2025, 21:21
Revenue increased from 30 to 100 million: the "Bazar" system showed results at "Dordoi"
Economy / Exclusive

Revenue increased from 30 to 100 million: the "Bazar" system showed results at "Dordoi"

The State Tax Service of the Kyrgyz Republic has presented the results of the implementation of the new information system "Bazar" at the "Dordoy" trading complex. According to information from the tax authority, from March 15 to August 15, 2025, as part of a pilot project initiated by the decree of President Sadyr Japarov "On the implementation of pilot projects for tax administration in markets and mini-markets of the Dordoy trading complex," this project was

21.11.2025, 18:21
Exchange rates in commercial banks of Kyrgyzstan on November 21
Economy

Exchange rates in commercial banks of Kyrgyzstan on November 21

Information about currency exchange rates is provided based on data collected from commercial bank websites. If you have any questions, it is recommended to contact the banks directly for clarification of the information provided. The indicated rates are valid at the time of publication and are intended for cash exchange. Please note that rates may change throughout the day. The official rates set by the National Bank of Kyrgyzstan, as well as the currency exchange rates in Bishkek exchange

21.11.2025, 17:38
A Modern Dried Fruit Processing Workshop Opened in Kadamzhai
Economy / Exclusive

A Modern Dried Fruit Processing Workshop Opened in Kadamzhai

In the Kadamjai district, in the village of Kalacha, the company OsOO "Interfruit" successfully implemented several projects aimed at developing the processing industry and enhancing the export potential of local products from 2017 to 2019. According to information from the Ministry of Agriculture, construction of a dried fruit processing workshop began in 2017. In June 2018, the facility was officially opened with the participation of representatives from the Ministry of

21.11.2025, 17:32
Economy

"I'm Scared." Representatives of the Textile Industry on What Awaits Them in the Near Future

The situation with the supply of goods in the sewing industry of Kyrgyzstan raises significant concerns. The problems are not limited to issues of business legality. Even companies with all the necessary documents face difficulties, including receiving payment for their products. Kaktus.media had a conversation with Gulzeil Mansurova, the founder of the Bioro Zeil & Coco brand, about the current challenges in the sewing industry and how the crisis is affecting the entire sector.

21.11.2025, 16:27
Who is making millions on meat while farmers barely survive?
Economy

Who is making millions on meat while farmers barely survive?

Prices for products remain high In Kyrgyzstan, agriculture, as practice shows, often turns out to be a loss-making endeavor. Economist Iskender Sharshiev analyzed the current situation with rising meat prices in the country in a conversation with Vesti.kg.

21.11.2025, 16:09
IMF: Kyrgyzstan is Among the World Leaders in GDP Growth Rates
Economy

IMF: Kyrgyzstan is Among the World Leaders in GDP Growth Rates

Photo of the Cabinet of Ministers of the Kyrgyz Republic. Subir Lall and Daniyar Amangeldiev Today, during a meeting with the First Deputy Chairman of the Cabinet of Ministers of the Kyrgyz Republic, Daniyar Amangeldiev, Subir Lall, Deputy Director of the IMF's Middle East and Central Asia Department, reported that by the end of 2024, Kyrgyzstan ranked among the world leaders in terms of real GDP growth rates. The discussion focused on the current macroeconomic situation in the country,

21.11.2025, 16:05
The State Financial Supervision has revoked the certificates of three mining companies.
Economy / Exclusive

The State Financial Supervision has revoked the certificates of three mining companies.

The State Financial Supervision, responsible for regulation and control in the financial sector, has decided to suspend the certificates allowing industrial mining activities for three organizations. According to the information provided by the agency, this decision is based on the Procedure for the registration and issuance of certificates for mining activities, established by the Cabinet of Ministers Resolution No. 514 dated September 16, 2022, as well as on paragraph 13 of the Regulation on

21.11.2025, 16:00
A Chinese company will develop a modern bonded zone for Manas Airport.
Economy

A Chinese company will develop a modern bonded zone for Manas Airport.

Photo courtesy of the airport press service A delegation from the Chinese company ZTO Cloud Warehouse Science and Technology Co., Ltd. visited Kyrgyzstan. During the meeting with representatives of the OJSC "Airports of Kyrgyzstan," plans for the creation of a modern bonded zone at the Manas International Airport were discussed, as reported by the press service of the country's air harbor. “The arrival of our Chinese partners marks the transition of our cooperation, initiated

21.11.2025, 15:54
The price of Bitcoin has sharply dropped
Economy / Exclusive

The price of Bitcoin has sharply dropped

The price of Bitcoin has fallen below the mark of 85 thousand dollars, according to information from Investing.com. As of 11:17 Moscow time, the value of this cryptocurrency was 84,707 dollars. According to Bankiros, since the beginning of trading, Bitcoin has lost more than 6 thousand dollars, and over the past month, its price has decreased by almost 25 thousand dollars. It is worth noting that on November 18, the price of Bitcoin fell below 90 thousand dollars for the first time since

21.11.2025, 15:49
Economy / News

"Revenue Increased". The GNS Reported on the Implementation of the "Bazar" System at "Dordoi"

From March 15 to August 15, 2025, a pilot project was conducted at the "Dordoy" market, within which the "Bazaar" system was developed. This digital platform significantly facilitates interaction between entrepreneurs, tax authorities, and banks, as well as promotes more effective tax administration and the creation of favorable conditions for business. It is important to note that the market administration became a tax agent responsible for accounting and controlling the

21.11.2025, 15:41
Economy

In Kyrgyzstan, control over miners and the crypto sector is being strengthened

In Kyrgyzstan, the State Financial Supervision Agency has presented a new set of legislative changes aimed at increasing transparency in the crypto sector, enhancing control, and reducing the risks of money laundering. These changes were approved at a cabinet meeting. Combating Shadow Activities and Minimizing Risks The measures adopted have significantly tightened the requirements for cryptocurrency trading and exchange operators, allowing local regulations to align with international

21.11.2025, 15:24
Leaders in Gold Purchases Among Countries Named
Economy / Exclusive

Leaders in Gold Purchases Among Countries Named

According to data from the World Gold Council, Poland and Kazakhstan have become the main buyers of gold since the beginning of this year, as reported by BestBrokers. Poland purchased 67.1 tons of the precious metal, while Kazakhstan bought 32.4 tons. China ranks third with 22.7 tons of gold in its reserves.

21.11.2025, 15:16
Economy

Assets of microfinance organizations in Kyrgyzstan reached 71.2 billion soms

As of September 30, 2025, the microfinance organizations (MFO) sector in the Kyrgyz Republic has shown impressive results over the past 9 months. The National Bank of the KR reported that all key indicators demonstrated positive changes compared to the data from the end of 2024. The main growth indicators include:

21.11.2025, 14:18
The Audit Chamber checked the Ministry of Emergency Situations and found financial violations amounting to 210 million soms
Economy

The Audit Chamber checked the Ministry of Emergency Situations and found financial violations amounting to 210 million soms

The Audit Chamber of Kyrgyzstan conducted an audit of the budget execution of the Ministry of Emergency Situations and its subordinate structures for the years 2023-2024, resulting in the identification of various violations. The press service of the agency reported this. Key Violations: The audit revealed that the Ministry of Emergency Situations created and used a separate budget estimate for centralized activities, which contradicts current legislation and budget planning rules. It was also

21.11.2025, 14:13
Economy

In Kyrgyzstan, changes to the accounting of imported goods within the EAEU are being discussed.

The Cabinet of Ministers of the Kyrgyz Republic has initiated a public discussion on a project concerning changes to the rules for accounting goods imported from the countries of the Eurasian Economic Union. This project proposes to supplement existing norms with new provisions regarding the formation of a registry of reputable participants in foreign economic activity. It will include legal entities and individual entrepreneurs who meet the established criteria of good faith.

21.11.2025, 14:08
Economy

Implementation of the "Bazar" System: 727 Million Soms in Taxes Collected in 10 Months

The State Tax Service of the Kyrgyz Republic has summarized the results of the implementation of the information system "Bazar" in the territory of the "Dordoi" trade complex. In accordance with the decree of the President of the Kyrgyz Republic Sadyr Japarov on conducting pilot projects for tax administration, the Tax Service initiated this project from March 15 to August 15, 2025.

21.11.2025, 13:07
Economy

Bitcoin Continues to Decline

The price of Bitcoin continues to decline, according to data from the cryptocurrency platform Binance. Recent price drops have pushed the value of Bitcoin below the $85,500 mark. This decline is part of a broader downturn in the cryptocurrency market.

21.11.2025, 12:59
Economy

Trade War. China has become Germany's main trading partner again.

According to information provided by DW, China has once again become a key trading partner for Germany, a consequence of the tariffs imposed by Donald Trump. From January to September 2024, imports of Chinese goods to Germany increased by 8.5%, amounting to 124.5 billion euros. At the same time, exports of German goods to China decreased by 12.3%, reaching 61.4 billion euros. Last year, the United States surpassed China, which had been Germany's leading trading partner from 2016 to 2023.

21.11.2025, 12:24
President: Kyrgyzstan will completely emerge from the energy crisis by 2028
Economy / Exclusive

President: Kyrgyzstan will completely emerge from the energy crisis by 2028

President Sadyr Japarov in Bishkek, at the event for the laying of the capsule for the construction of the residential area "Altai," met with local residents and discussed changes in the energy sector that have occurred over the past few years. During the conversation, one citizen living in the suburbs raised the issue of frequent power outages. In response, the president stated that without the large-scale modernization carried out over the past four years, Kyrgyzstan would continue

21.11.2025, 10:37
Economy

In the government project for agricultural financing, 6,487 loans have been issued

According to the decree of the Cabinet of Ministers of the Kyrgyz Republic, approved on February 14, 2025, under number 80-r, a project called "Agricultural Financing - 13" was launched. As reported by the press service of the Ministry of Agriculture, this initiative provides for the allocation of loans at 10% interest for a total amount exceeding 4 billion 92 million soms. According to the information from the agency, the loan term for the areas of "animal husbandry,"

21.11.2025, 10:15
A Business Council on Children's Issues Established in Kyrgyzstan
Economy

A Business Council on Children's Issues Established in Kyrgyzstan

On this day, which symbolizes global brotherhood and the protection of children's rights, the organized UNICEF representation in Kyrgyzstan announced the establishment of the Business Advisory Council for Children (BACC). This new association, which has become the first such platform in the country, brings together business leaders, experts, and multi-sectoral structures to protect children's rights and their well-being. The first composition of the council includes international

21.11.2025, 08:50
Economy

Transportation of timber from Russia to Kyrgyzstan will be with navigation seals

Starting from February 1 of next year, a pilot project will begin using navigation seals to monitor the transportation of certain types of timber from Russia to Kazakhstan and Kyrgyzstan. This was reported by the Eurasian Economic Commission (EEC). As part of this pilot project, heavy trucks leaving Russia will not be required to be equipped with the GLONASS system. Instead, navigation seals will monitor the route and condition of the cargo in real time.

21.11.2025, 08:10
The Ruble and Tenge Continue to Rise, Euro to Fall. Exchange Rates as of November 21
Economy

The Ruble and Tenge Continue to Rise, Euro to Fall. Exchange Rates as of November 21

Photo from the internet. The euro continues to fall, reaching its lowest values since the beginning of November According to data from the National Bank of Kyrgyzstan and exchange offices in Bishkek, there is an increase in the exchange rate of the Russian ruble and the Kazakh tenge, while the euro and the Chinese yuan are losing value. The dollar exchange rate remains stable. US Dollar Rate:

21.11.2025, 07:52
Exchange rates for November 21
Economy / Exclusive

Exchange rates for November 21

The official exchange rates for November 21 were published by the National Bank. USD — 87.4500 (remained at the same level) EUR — 100.7511 (decrease) RUB — 1.0852 (increase) KZT — 0.1688 (increase) CNY — 12.2883 (decrease) In commercial banks, the average purchase price of the US dollar is 87.22 soms, and the sale price is 87.65 soms.

21.11.2025, 07:49
ADB invests over $10 billion in Central Asian countries
Economy

ADB invests over $10 billion in Central Asian countries

Photo courtesy of the Ministry of Economy The Asian Development Bank (ADB) has announced its intention to invest over $10 billion by 2030 to support projects and initiatives under the Central Asia Regional Economic Cooperation (CAREC) program. This will be a significant step towards creating a sustainable and digital region. The Ministry of Economy's press service reported this event. ADB President Masatsugu Asakawa emphasized: “Our goal within the framework of CAREC is clear: we strive

20.11.2025, 18:43
Nearly 1 million tons of coal prepared for the population: plan completed at 96.6%
Economy / Exclusive

Nearly 1 million tons of coal prepared for the population: plan completed at 96.6%

The Deputy Chairman of the Cabinet of Ministers of the Kyrgyz Republic, as well as the Minister of Water Resources, Agriculture, and Processing Industry, Bakyt Torobaev, announced the need to stockpile 3,174,792 tons of coal to prepare the population and economic sectors for the autumn-winter season of 2025–2026. Of this amount, 309,415 tons are required for budgetary organizations, of which 203.54 thousand tons have been secured so far, which constitutes 89% of the plan's fulfillment for

20.11.2025, 18:21
Economy

Meat prices in Kyrgyzstan continue to rise. Where is it happening the fastest?

According to the price monitoring conducted by the National Statistics Committee, from October 20 to November 20, the average cost of beef increased by 12.3 soms, lamb by 15.67 soms, while horse meat decreased by 12.63 soms. As of October 20, the average price per kilogram of beef was 711.20 soms. The highest increase over the month was observed in Toktogul, where the price reached 680 soms (+8%), in Karakol - 682.49 soms (+6.2%), and in Tokmok - 706.65 soms (+5.4%).

20.11.2025, 18:12
Economy

Trade between Kyrgyzstan and China has already exceeded last year's total figures.

According to data published by the General Administration of Customs of China, the trade turnover between Kyrgyzstan and China from January to October 2025 amounted to $23 billion 570.2 million. This figure has already exceeded the total for the entire previous year, when the trade volume was $22 billion 709.1 million, which is an increase of 3.7%.

20.11.2025, 17:36
Economy

One Type of Lending is Gaining Popularity in Kyrgyzstan

According to data presented by the National Bank, the volume of financing based on Islamic principles in Kyrgyzstan has increased by an impressive 82.4% from December of last year to September 30 of this year. In total, citizens received 16.5 billion soms in the form of loans that comply with Islamic norms.

20.11.2025, 17:19
Economy

What is happening with the re-export of cars to Russia through Kyrgyzstan?

According to Sergey Tselikov, the general director of the agency "Autostat," from January to October of this year, the import of new passenger cars into Russia decreased by 64% compared to the same period last year. As for transit through Kyrgyzstan, it has decreased by 52.5% this year, totaling 32,500 passenger cars. Thus, Kyrgyzstan's share in the overall volume of car imports in Russia is just over 11%.

20.11.2025, 17:06
The situation with fuel supplies is under control: necessary reserves are available at oil depots – Torobaev
Economy / Exclusive

The situation with fuel supplies is under control: necessary reserves are available at oil depots – Torobaev

The work on supplying the country with fuel and lubricants is actively ongoing, as reported by Bakyt Torobaev, Deputy Chairman of the Cabinet of Ministers and Minister of Water Resources, Agriculture, and Processing Industry. He emphasized that all oil depots in the republic currently have the necessary reserves of fuel and lubricants. “The Cabinet of Ministers, together with oil traders, is negotiating with state bodies and oil refineries in Belarus, Azerbaijan, and Kazakhstan, which allows

20.11.2025, 16:42