Economy

The great hydropower potential of the Kyrgyz Republic was noted in the president's administration.

At the international scientific and practical conference held in Bishkek titled "Ways to Address Priority Tasks for Accelerated Economic Growth of the Kyrgyz Republic," Eldar Alisherov, head of the Eurasian Economic Union sector of the presidential administration, stated that Kyrgyzstan has a huge hydropower potential reaching 140 billion kilowatt-hours. According to him, the country currently produces only 14-15 billion kilowatt-hours, which opens up opportunities for growth and

30.10.2025, 08:23
Kyrgyzstan Participated in the Meeting of the CIS Council on Construction
Economy

Kyrgyzstan Participated in the Meeting of the CIS Council on Construction

The event took place in Tashkent On October 28, the 46th meeting of the Intergovernmental Council on Cooperation in the Construction Sector among CIS countries was held in Tashkent. Kyrgyzstan was represented by a delegation headed by the Minister of Construction, Architecture, and Housing and Communal Services, Nurdana Oruntaev.

29.10.2025, 18:23
Economy

Kyrgyzstan Wants to Obtain the Right for Duty-Free Import of 15,000 Electric Vehicles

In 2026, Kyrgyzstan submitted a request for permission to import 15,000 electric vehicles. This initiative has been presented for discussion on the platform of the Eurasian Economic Commission. If the proposal is approved, 15,000 vehicles corresponding to codes 8703 80 000 3 and 8703 80 000 5 according to the EAEU Customs Code will be allowed to be imported into the country duty-free. At the same time, only citizens of Kyrgyzstan will be able to use the electric vehicles.

29.10.2025, 17:47
Over 140 million soms allocated to support small and medium-sized businesses
Economy / Exclusive

Over 140 million soms allocated to support small and medium-sized businesses

In Kyrgyzstan, the project "Preferential Lending for Small and Medium Enterprises" is actively being implemented, aimed at supporting local businesses, developing regions, and promoting a "green" economy. According to the Ministry of Finance, as of October 9, 2025, 49 small and medium enterprises have received loans totaling 143.98 million soms under this project.

29.10.2025, 17:26
Pay and Enter: The KR Cabinet Proposed a New Tax for Tourists
Economy

Pay and Enter: The KR Cabinet Proposed a New Tax for Tourists

Will tourists continue to visit Kyrgyzstan? The Government of the Republic of Kyrgyzstan has proposed to introduce a new tax for tourists. This decision is justified by the significant number of visitors and the need to finance the development of tourist infrastructure.

29.10.2025, 17:25
Economy

In Kyrgyzstan, the extraction of mineral resources continues to grow

According to the latest data from the National Statistical Committee, from January to September of this year, the volume of industrial production in Kyrgyzstan amounted to 511.4 billion soms in value terms. In the first half of the year, growth was also observed in other sectors: the volumes of electricity, gas, steam, and air conditioning supplies increased by 33.4%, while water supply, waste treatment and processing, as well as the collection of secondary raw materials grew by 23.5%. The

29.10.2025, 17:06
The National Bank raised the discount rate to 10 percent: what is behind this decision
Economy

The National Bank raised the discount rate to 10 percent: what is behind this decision

Photo 24.kg The press conference held in the new building of the National Bank of Kyrgyzstan served as a platform where representatives of the main financial regulator explained why the decision was made to raise the discount rate to 10 percent and presented their economic forecasts for the coming months. Deputy Chairman of the National Bank Azat Kozubekov emphasized that this decision was driven by external economic factors contributing to increased inflationary pressure in the domestic

29.10.2025, 16:47
Kyrgyzstan Plans to Export Meat Products to Tajikistan
Economy / Exclusive

Kyrgyzstan Plans to Export Meat Products to Tajikistan

The "Kyrgyz Export" Center recently held a meeting with representatives of the Tajik Agency for Export in the Sughd region and the branch of the state unitary enterprise "Tajpromexport." The main goal of this meeting was to discuss issues related to mutual trade and increasing the volume of exports of products from Kyrgyzstan to Tajikistan. During the negotiations, emphasis was placed on the supply of meat products, as well as light industry goods and agricultural products.

29.10.2025, 16:28
Economy

Chinese Companies to Build Solar Power Plant in Batken

The area of the power plant will exceed 669 hectares At the international forum in Suzhou, China, the Ministry of Energy of Kyrgyzstan signed several agreements with Chinese companies for the development of renewable energy and attracting investments in this sector. This was reported by the ministry's press service.

29.10.2025, 16:10
Kyrgyzstan Increases Tobacco Exports
Economy / Exclusive

Kyrgyzstan Increases Tobacco Exports

As part of the implementation of the project "30+20+10", specialists from the Department of Chemicalization, Plant Protection, and Quarantine of the Ministry of Water Resources, Agriculture, and Processing Industry of Kyrgyzstan held a field meeting with local farmers. During the discussion, important aspects concerning the development of tobacco farming were raised, such as soil quality, selection of popular tobacco varieties, export opportunities, and the introduction of modern

29.10.2025, 16:04
Economy

In Kyrgyzstan, budget revenues from income tax are increasing

According to information provided by the Ministry of Finance, from January to September of the current year, revenues from personal income tax on resident individuals amounted to 25 billion 159.2 million soms (equivalent to $288.1 million). These revenues increased by 6 billion 586.4 million soms, or by 35.4% compared to the same period in 2024.

29.10.2025, 15:35
Economy

Where in Kyrgyzstan has gasoline risen in price the most since the beginning of the year (official data)

According to the monitoring data from the National Statistics Committee, from January 1 to October 28, the highest increase in the price of AI-95 gasoline was observed in Kerben and Toktogul, while AI-92 became more expensive in Bishkek, Batken, Tokmok, and Toktogul. Diesel fuel rose the most in Manas and the village of Semetey, located in the Manas district. Thus, a liter of AI-92 gasoline in Toktogul costs 75.6 soms, which is 18.7% higher than before. In Bishkek, the price is 76 soms

29.10.2025, 14:53
In the Kyrgyz Republic, the construction of a factory for the production of drugs against echinococcosis was discussed
Economy / Exclusive

In the Kyrgyz Republic, the construction of a factory for the production of drugs against echinococcosis was discussed

In the Kyrgyz Republic, discussions were held regarding the establishment of a factory that will specialize in the production of medications against echinococcosis and other parasitic diseases. This information was announced by the Ministry of Water Resources, Agriculture, and Processing Industry of the country. The main goal of this initiative is to reduce dependence on imported medicines. The discussion was initiated during the visit of Bakyt Torobaev, the Deputy Prime Minister and Minister

29.10.2025, 14:31
Preferential financing for seed producers and nurseries reached 2.85 million soms
Economy / Exclusive

Preferential financing for seed producers and nurseries reached 2.85 million soms

As part of the project "Development of Seed Production and Nurseries" in Kyrgyzstan, preferential loans totaling 2.85 million soms have been allocated. According to information from the Ministry of Finance, the Cabinet of Ministers' order No. 416-r dated May 26, 2025, approved this project, which aims for the sustainable development of seed production, as well as crop rotation and the renewal of agricultural crop varieties.

29.10.2025, 13:32
Agreement with China: A 250 Megawatt Solar Power Plant Will Be Built in Kyrgyzstan
Economy

Agreement with China: A 250 Megawatt Solar Power Plant Will Be Built in Kyrgyzstan

At the international forum taking place in Suzhou, the Ministry of Energy of the Kyrgyz Republic signed an investment agreement with Chinese companies for the construction of a solar power plant with a capacity of 250 megawatts. This information was announced by the press service of the Ministry of Energy. The document was signed by the Minister of Energy of the Kyrgyz Republic, Taalaibek Ibraev, the president of States Technology Co., Limited, Liu Fernando Oscar, and the general director of

29.10.2025, 13:02
Chinese companies will build a solar power plant in Kyrgyzstan
Economy

Chinese companies will build a solar power plant in Kyrgyzstan

At the international forum taking place in Suzhou, China, the Ministry of Energy of Kyrgyzstan signed several agreements with Chinese companies for the development of renewable energy and attracting investments. This was reported in a press release from the Ministry of Energy. Photo from the press service of the Ministry of Energy of the Kyrgyz Republic. Photo from the press service of the Ministry of Energy of the Kyrgyz Republic. Photo from the press service of the Ministry of Energy of the

29.10.2025, 12:58
Kyrgyzstan's International Reserves Exceeded 7.5 Billion Dollars
Economy / Exclusive

Kyrgyzstan's International Reserves Exceeded 7.5 Billion Dollars

As of October 1, 2025, Kyrgyzstan's international reserves reached over 7.5 billion US dollars, which is an increase of 48.5% compared to the end of September of the same year. The Deputy Chairman of the National Bank, Azat Kozubekov, shared this information at a press conference in Bishkek. He noted that the increase in reserves serves as an important indicator of the stability of the financial system and the economy of the country.

29.10.2025, 12:53
Rising Fuel Prices Intensified Inflationary Pressure – National Bank
Economy / Exclusive

Rising Fuel Prices Intensified Inflationary Pressure – National Bank

Since the beginning of 2025, there has been a significant increase in the prices of fuel and lubricants in Kyrgyzstan. The Deputy Chairman of the National Bank, Azat Kozubekov, shared this information at a press conference held in Bishkek. According to Kozubekov, since the beginning of the year, gasoline prices have risen by 12.6%, while diesel fuel has become 8.4% more expensive.

29.10.2025, 12:21
Economy

Expanded list of NGOs required to submit consolidated information to the Tax Service

The State Tax Service of the Kyrgyz Republic has announced a significant expansion of the list of non-profit organizations that are now required to submit consolidated reports on their income and expenses to the tax authorities. This was reported by the press service of the STS. According to the recently adopted law "On Amendments to Certain Legislative Acts of the Kyrgyz Republic Regarding the Reporting of Certain Non-Profit Organizations," political parties, trade unions, religious

29.10.2025, 12:18
Economy

The State Financial Supervision revoked the virtual asset operator license from "Data Group"

The State Financial Supervision Service (Gosfinadzor) has decided to revoke the license of the company "Data Group," which operates as a virtual assets operator. The main reason for this step was the failure to comply with regulations and violations of the laws governing the circulation of virtual assets, as stated in the official press release of the agency. During the conducted inspection, it was revealed that the specialized platform provided by the company is not operational,

29.10.2025, 12:08
Economy

More than 11,800 entrepreneurs in the Kyrgyz Republic received interest-free loans

As part of the initiative "Emergency Support for Micro, Small, and Medium Enterprises," interest-free loans totaling 9 billion 435 million 925 thousand soms have been issued. This was reported on "Birinchi Radio" by Bermet Musakozhoeva, the director of the credit line management department of the Ministry of Finance of Kyrgyzstan. As of October 1, 2025, since the start of the project, financial support has been provided to 11,821 entrepreneurs.

29.10.2025, 12:04
Kazakhstan Can No Longer Import Electric Vehicles Duty-Free
Economy

Kazakhstan Can No Longer Import Electric Vehicles Duty-Free

Kazakhstan has completed the use of the quota for duty-free import of electric vehicles established by the Eurasian Economic Union (EAEU). This has resulted in many cars being stuck at the border, with owners unable to retrieve their vehicles. This situation raises doubts about the sustainable development of the electric vehicle market in the country and undermines the course towards a "green" economy, reports Arbat Media.

29.10.2025, 12:03
Economy

Banks in Kyrgyzstan will be required to justify the pricing of their services

The National Bank of Kyrgyzstan has proposed amendments to a number of legislative acts related to pricing and antimonopoly control. The draft document is currently available for public discussion. The main objective of these changes is to create a competitive, transparent, and innovative environment in the banking and payment services sector in the country.

29.10.2025, 12:00
Agreement with China: A 250 MW Solar Power Plant Will Be Built in Kyrgyzstan
Economy

Agreement with China: A 250 MW Solar Power Plant Will Be Built in Kyrgyzstan

During the international forum held in Suzhou, an investment agreement was signed between the Ministry of Energy of the Kyrgyz Republic and Chinese companies regarding the construction of a solar power plant with a capacity of 250 MW. This information was provided by the press service of the Ministry of Energy. The document was signed by the Minister of Energy of the Kyrgyz Republic, Talaybek Ibraev, the president of States Technology Co., Limited, Liu Fernando Oscar, and the general director

29.10.2025, 11:44
Economy

Tobacco Production in Kyrgyzstan Has Increased - National Statistics Committee

The National Statistical Committee reported a significant increase in the production of tobacco products in Kyrgyzstan. According to their report, during the first nine months of 2025, the production volume reached 25 million 684.7 thousand soms at current prices. This amount of production is twice the volume recorded for the same period last year.

29.10.2025, 11:33
Economy

Adylbek Kasymaliev: The EBRD is a Reliable Partner for Kyrgyzstan

The Cabinet of Ministers held talks with EBRD Vice President Matteo Patrone. During the discussion organized by the press service of the Cabinet of Ministers, the parties touched upon the most important aspects of bilateral cooperation, as well as the prospects for implementing key projects in areas such as energy, infrastructure, and support for private business.

29.10.2025, 11:25
Economy

The cluster approach will demonstrate the opportunities to develop industry sectors rather than building separate and isolated enterprises, - E. Alisherov

The National Sustainable Development Program of the Kyrgyz Republic, designed until 2030, is based on four key areas. This was reported by the head of the EEU Affairs Sector in the Presidential Administration, Eldar Alisherov, during the International Scientific and Practical Conference dedicated to the topic "Ways to Address Priority Tasks for Accelerated Economic Growth of the Kyrgyz Republic" on October 29. Alisherov outlined four vectors that will define the sustainable

29.10.2025, 11:25
E-commerce has become a driver of small and medium-sized businesses in Kyrgyzstan
Economy / Exclusive

E-commerce has become a driver of small and medium-sized businesses in Kyrgyzstan

In Kyrgyzstan, electronic commerce is rapidly gaining popularity, accounting for more than 14% of the country's total retail turnover. This was stated by Aibek Kurentkeyev, president of the Association of Electronic Commerce of the Kyrgyz Republic, on the air of Birinchi Radio. According to him, the volume of electronic trade in the country at the end of last year amounted to approximately 428 million dollars. This year, a growth of 15% is expected, which means at least about 525 million

29.10.2025, 10:17
Economy

Kyrgyzstan Could Transition from a Landlocked Country to a Transit Country, According to an Expert

Igor Golubev, Deputy Head of the Association of International Freight Transport, proposed a new route for cargo transportation from Central Asia to Russia, which will pass through the Caspian Sea. This statement was made at a panel session of the international exhibition KyrgyzTransLogistic 2025. According to him, the route includes the transportation of goods from the port of Turkmenbashi (Turkmenistan) to the port of Astrakhan (Russia), which should significantly improve logistics in the

29.10.2025, 09:48
Economy

In Bishkek, parking for electric scooters may be built

As reported on October 29 by Tilek Sulaymanov, the head of "Yandex Kyrgyzstan," plans are underway to create between 200 and 300 parking spots for electric scooters in Bishkek. He noted that a meeting between representatives of the city administration and scooter-sharing companies took place in mid-October. During the discussions, issues concerning the safety of individual mobility devices on sidewalks were addressed.

29.10.2025, 09:37
At the GNS, issues of export and re-export were discussed
Economy / Exclusive

At the GNS, issues of export and re-export were discussed

Kubanychbek Isabekov, Deputy Chairman of the State Tax Service under the Government of the Kyrgyz Republic, held a meeting with business representatives to discuss important aspects of goods export. The event was organized to support exporters and those engaged in re-export within the framework of the Eurasian Economic Union (EAEU). During the meeting, participants were given recommendations on issues related to crossing borders, preparing accompanying documents, obtaining certificates of

29.10.2025, 08:57
Economy

Kyrgyzstan will start printing banknotes of 20 and 50 soms independently

Starting from November 17, Kyrgyzstan will begin printing banknotes in denominations of 20 and 50 soms. This announcement was made during the opening of the new building of the National Bank of the Kyrgyz Republic, an event attended by President Sadyr Japarov, which took place on October 28. The president's press secretary, Askat Alagozov, posted a video on Facebook where Japarov clarifies when exactly Kyrgyzstan will start printing its own banknotes.

29.10.2025, 08:08