Kyrgyzstan in the Top 50 Best Travel Destinations in the World According to Financial Times
Economy

Kyrgyzstan in the Top 50 Best Travel Destinations in the World According to Financial Times

Adylbek Kasymaliev noted that the tourism sector in Kyrgyzstan is showing rapid development and is becoming an important part of the country's economy. As part of a new investment project, the construction of the four-season ski cluster "Ala-Tuu Resort" has begun, located in the Ak-Suu district of the Issyk-Kul region. This grand project covers three zones: Zhyrgalang, Ak-Bulak, and Boz-Uchuk, and occupies an area of 3,916 hectares.

27.12.2025, 12:23
The Action Plan for the Implementation of the EAEU Development Declaration has been signed
Economy

The Action Plan for the Implementation of the EAEU Development Declaration has been signed

At the Supreme Eurasian Economic Council held in December 2025 in St. Petersburg, a Plan of Actions (roadmap) was signed for the implementation of the Declaration on the further development of economic processes within the Eurasian Economic Union until 2030 and for the period until 2045, named "Eurasian Economic Path." This information was provided by the press service of the Ministry of Economy and Commerce of the Kyrgyz Republic.

27.12.2025, 12:14
Economy / Exclusive

"Stalin" is gaining increasing popularity among the residents of the Jayil District

In the Jaily district of the Chui region, there is a growing interest in household tools created by local craftsmen, reports Turmush correspondent. “We presented the first axes made using Soviet technologies at the market on December 18 of last year. The name 'Stalin' was chosen not by chance: on this day, the famous politician Joseph Stalin was born in 1878. We demonstrated how easily our axes can destroy metal objects with a thickness of two to five millimeters, which attracted the

27.12.2025, 10:48
The Bank of Russia has introduced a new thousand-ruble banknote
Economy

The Bank of Russia has introduced a new thousand-ruble banknote

Starting from December 26, new banknotes will enter circulation, featuring symbols of the Volga Federal District. This was reported by Meduza. On the front side of the banknote, the Nikolskaya Tower, located in the Nizhny Novgorod Kremlin, is depicted. Meanwhile, on the reverse side, one can see the Saratov Automobile Bridge, the hydrofoil vessel "Meteor-120R," and the Palace of Farmers in Kazan.

26.12.2025, 19:24
Almost 114 thousand Kyrgyz citizens have imposed a self-ban on borrowing.
Economy / Exclusive

Almost 114 thousand Kyrgyz citizens have imposed a self-ban on borrowing.

According to the National Bank, from November 1 to December 26, 2025, 113,996 citizens utilized the self-ban on lending feature through the "Tunduk" application. Starting November 1, 2025, a new mechanism aimed at ensuring financial security — the "Self-Ban on Lending" — came into effect. This mechanism is designed to protect citizens' personal data from fraudsters.

26.12.2025, 18:13
One of the key precious metals has risen in price on the global market
Economy / Exclusive

One of the key precious metals has risen in price on the global market

On the Comex commodity exchange, which is part of the New York Mercantile Exchange, silver prices have reached a record high, surpassing $75 per troy ounce. This is evidenced by the latest trading data. In the morning hours of December 26, March futures for this precious metal rose by 4.25%, reaching $74.73 per ounce. During trading, contracts hit a maximum price of $75.22, marking a historic record.

26.12.2025, 16:50
Economy

Exclusive Equipment Developed for GP NC "Kyrgyz Temir Zholu" in Omsk

In Kyrgyzstan, the reconstruction of the locomotive repair complex has begun. As reported by the newspaper "Evening Omsk," the Scientific and Production Center "Promtech" is the main technological partner in a large international project aimed at modernizing the complex. The key element of the project is unique equipment developed and manufactured for the State Enterprise "National Company 'Kyrgyz Temir Zholu'." The new lines will service both shunting

26.12.2025, 15:26
Economy

The GIK is building elite housing behind the Southern Highway. Sadyr Japarov spoke about the pricing policy.

The State Mortgage Company is actively engaged in the construction of elite apartments in the southern part of the capital, as reported by President Sadyr Japarov at the Kurultai. Some participants in the event raised the issue of state support for citizens wishing to purchase housing. They noted that the prices of apartments from the State Mortgage Company are comparable to those of private developers, despite the fact that the State Investment Corporation receives land plots free of charge.

26.12.2025, 14:56
Economy

"Paying for the samsas we didn't eat." The President on the Upper Naryn Cascade of Hydroelectric Power Stations

Sadyr Japarov, the President of Kyrgyzstan, announced that the resumption of construction of the Upper Naryn Cascade of Hydropower Plants is postponed until the debt conflict with the Russian company "RusHydro" is resolved. This statement was made in response to a question from a delegate during the IV People's Kurultai. According to him, there are currently enough investors ready to start the project, but existing obligations from previous contracts hinder this.

26.12.2025, 14:41
Economy

"Gazprom Increased Gas Supplies to Kyrgyzstan by 20 Percent in 2025"

The head of Gazprom, Alexey Miller, announced the company's plans to increase gas supplies to Kyrgyzstan by 20 percent by 2025. This statement was made at a meeting dedicated to the preliminary results of the company's operations. Miller noted that this year there has been a 20 percent increase in gas supplies from Russia to Kazakhstan, Uzbekistan, and Kyrgyzstan. In particular, with Kazakhstan, Gazprom is exploring opportunities for deepening cooperation.

26.12.2025, 14:01
Exchange rates in commercial banks of Kyrgyzstan on December 26
Economy

Exchange rates in commercial banks of Kyrgyzstan on December 26

Information obtained from commercial bank websites. If you have questions about the provided data, it is recommended to contact the financial institutions directly. The data is current as of the time of publication. The exchange rate is provided for cash transactions and may vary throughout the day.

26.12.2025, 11:39
Economy

Kyrgyzstan Continues to Increase Its National Debt. How Much and From Whom Does the Country Borrow?

As of October 31, the national debt of Kyrgyzstan amounted to $8 billion 692.52 million, increasing by $2.1 billion since the beginning of the year. External obligations total $5 billion 162.90 million, while internal obligations are $3 billion 529.62 million. Compared to December 31, 2024, the external debt has increased by $648.04 million, and the internal debt has risen by $1 billion 474.9 million. Kaktus.media analyzed the number of credit and grant agreements signed since the beginning of

26.12.2025, 11:32
Economy

20 Tons of Tail Fat Not Allowed into Kyrgyzstan

At the border veterinary control in the Naryn region, at the checkpoint "Torugart," a batch of 20,000 kg of fat from sheep was stopped coming from China. During the inspection, veterinary control inspectors discovered that the cargo did not meet the veterinary and sanitary standards established by the Eurasian Economic Union. In particular, the accompanying documents were found to be non-compliant with the requirements, and there were violations during the transportation process.

26.12.2025, 11:15
Economy

Deficit in the Energy Sector. How Much Electricity Has Been Produced in Kyrgyzstan Since the Beginning of the Year

According to data from the National Statistical Committee, from January to November 2023, Kyrgyzstan produced 8.4% more electricity compared to the same period last year. A total of 13 billion 596.8 million kWh was generated over 11 months, while last year this figure was 12 billion 546.7 million kWh. In September, Energy Minister Talai Bek Ibraev warned that the upcoming winter would be the most challenging for the country.

26.12.2025, 11:03
Economy

The exemption for the import of electric vehicles in Kyrgyzstan will take effect from January 22 - EEC

Starting from January 22 of next year, a tariff exemption for the import of electric vehicles will come into effect in Kyrgyzstan, Armenia, and Belarus. This decision was announced in a press release from the Eurasian Economic Commission, following a meeting of the intergovernmental council of the Eurasian Economic Union in Moscow. During this meeting, the heads of government of the participating countries discussed the provision of preferences, which involve exemption from customs duties on

26.12.2025, 10:52
In Kyrgyzstan, the best exporters of 2025 have been awarded
Economy

In Kyrgyzstan, the best exporters of 2025 have been awarded

The national competition "Best Exporter of the Kyrgyz Republic" was organized by the Export Development and Promotion Center "Kyrgyz Export" under the Ministry of Economy and Commerce of the Kyrgyz Republic. During the event, the results were summarized and the winners were awarded. The aim of the competition was to identify and reward the best export-oriented companies, as well as to increase the popularity of Kyrgyz products in international markets.

26.12.2025, 10:47
Economy

"Another 170,000 People". The World Bank Forecasts an Increase in Poverty in the Kyrgyz Republic Due to Climate Change

According to the World Bank report on climate and development in Kyrgyzstan, climate change should not lead to a significant increase in poverty levels. However, in areas where high poverty levels intersect with serious climate risks, pockets of vulnerability may arise. In a scenario of rapid economic growth, the poverty level is projected to increase by only 1.8 - 2.2% by 2030-2040, and no deviation from current trends is predicted by 2050.

26.12.2025, 10:32
A modern slaughterhouse has been put into operation in Chon-Alai
Economy / Exclusive

A modern slaughterhouse has been put into operation in Chon-Alai

On December 25, a ceremonial opening of a new slaughterhouse took place in the village of Daroot-Korgon, located in the Chon-Alai district. This information was announced by the Ministry of Agriculture of the Kyrgyz Republic. The President of the country, Sadyr Japarov, participated in the ceremony via online broadcast.

26.12.2025, 10:32
Economy

In 2025, taxes from the mining industry increased by 18.7 billion soms

In the course of 11 months of 2025, key sectors of the economy significantly increased their tax contributions to the budget, as reported by the Tax Service. According to the data, the mining industry accounted for 20.6 percent of the total tax revenues, which is equivalent to 56.7 billion soms. This is 18.7 billion more compared to the same period in 2024.

26.12.2025, 10:02
Year Results: Key Indicators of Leading Industries by Taxes
Economy / Exclusive

Year Results: Key Indicators of Leading Industries by Taxes

According to the State Tax Service of the Kyrgyz Republic, in the first 11 months of 2025, the main sectors of the economy made a significant contribution to the formation of tax revenues. The data shows that the structure of tax revenues remains stable. In particular, the mining industry accounted for 20.6% of the total tax contributions, trade — 31%, financial services — 4.7%, the construction sector — 5.6%, communications — 2.3%, electricity — 2%, education — 1.5%, and the production of

26.12.2025, 09:40
Economy

The Economy of Kyrgyzstan - 2025: Growth Records and Price Shocks

The year 2025 became a time of significant changes for Kyrgyzstan. The country recorded double-digit growth in gross domestic product (GDP) and active development in the construction sector; however, it also faced rising inflation and the need to tighten monetary policy. An analysis of the year's results revealed five notable achievements and five serious problems that affected the economic situation. Achievements: tax reforms, construction boom, and economic growth 1. GDP growth rate of

26.12.2025, 09:22
Common Eurasian Tourist Routes Will Be Created in the EAEU Countries
Economy

Common Eurasian Tourist Routes Will Be Created in the EAEU Countries

The Press Service of the Ministry of Economy and Commerce of the Kyrgyz Republic reported that the approved Concept will establish strategic directions for the tourism industry, as well as measures aimed at deepening economic cooperation and increasing mutual tourist trips between the member countries of the Union.

26.12.2025, 09:11
NBKR and IFC Discussed Key Directions for the Development of Digital Finance in Kyrgyzstan
Economy / Exclusive

NBKR and IFC Discussed Key Directions for the Development of Digital Finance in Kyrgyzstan

The National Bank of Kyrgyzstan, in collaboration with the International Finance Corporation (IFC), organized a roundtable on December 22 dedicated to the development of digital financial technologies in the country. Participants included representatives from the Association of Payment System Operators, the Association of Virtual Asset Market Participants, as well as commercial banks and the Union of Banks of Kyrgyzstan. Additionally, delegates from the IFC and the Swiss Embassy in the Kyrgyz

26.12.2025, 09:06
Economy

Kyrgyzstan Increases Car Imports from China

From January to November of this year, the volume of car imports from China to Kyrgyzstan increased by 41.9% compared to the same period last year. This data was provided by the General Administration of Customs of China. According to statistics, 118,622 passenger cars were imported into Kyrgyzstan over 11 months, while during the same period last year, their number was 83,575.

26.12.2025, 08:49
Economy

How Much Kyrgyz People Earn in South Korea. Data from the Ministry of Labor

As part of the agreement with the Ministry of Employment and Labor of South Korea, a program for the employment of citizens of Kyrgyzstan (EPS) is being implemented. This became known from information provided by the center for the employment of citizens abroad, which is subordinate to the Ministry of Labor, Social Security, and Migration of the Kyrgyz Republic. This initiative has been in effect since 2007 and is extended every two years.

26.12.2025, 08:43
Economy

About 22 Tons of Beef from Pakistan Were Not Allowed into Kyrgyzstan

At the veterinary checkpoint "Torugart," located in the Naryn region, a cargo weighing 21,800 kg of beef intended for import into Kyrgyzstan was stopped. This was reported by the press service of the Ministry of Water Management and Agriculture. The cargo was coming from Pakistan through Chinese territory.

26.12.2025, 08:25
Ruble, Tenge, and Euro Have Decreased Against the Som. Currency Rates on December 26
Economy

Ruble, Tenge, and Euro Have Decreased Against the Som. Currency Rates on December 26

Photo from the internet. The Chinese yuan has set a new annual record for the fourth consecutive time As of December 26, the official exchange rates for the euro, Russian ruble, and Kazakh tenge are showing a decline, while the Chinese yuan continues to rise. The dollar remains stable, according to data from the National Bank of Kyrgyzstan and exchange points in Bishkek. US Dollar:

26.12.2025, 08:18
Economy

The National Bank assessed the level of lending to the economy of Kyrgyzstan

In the third quarter of 2025, there is a growth in the lending to the economy of Kyrgyzstan, as evidenced by the National Bank's report on monetary policy. According to the data, during the specified period, the banks' loan portfolio increased by 10.5%, resulting in a total of 460.6 billion soms (+35.2% since the beginning of the year). The main factor for this growth was the increase in loans in the national currency (+10.8%), which amounted to 378.6 billion soms. The leading sectors

26.12.2025, 08:08
Economy

Kyrgyzstan will produce system units for personal computers

In Kyrgyzstan, the production of system units for personal computers will begin. This was announced by Ainur Samanov, the trade representative of Russia in the country. He noted that Russian investments in Kyrgyzstan are focused on key sectors, among which energy plays an important role. Samanov mentioned current projects such as the construction of the Kulanak Hydropower Plant with a capacity of 100 megawatts in the Naryn region, a wind farm with a capacity of 100 megawatts in the Issyk-Kul

26.12.2025, 08:07
Economy

EEC has eliminated import duties on waste and scrap of precious metals until the end of 2028

The Board of the Eurasian Economic Commission (EEC) has decided to establish zero import customs duties on waste and scrap of precious metals (categories 7112 30 000 0, 7112 91 000 0, 7112 92 000 0, and 7112 99 000 0 according to the EAEU Commodity Nomenclature) until December 31, 2028. This information was published on the official EEC website. Vaghn Kazaryan, the director of the EEC Department of Customs Tariff and Non-Tariff Regulation, commented that the previously introduced customs and

26.12.2025, 07:49
Economy

The crisis can become an opportunity. Kyrgyz tailors are seeking new markets.

The export of sewing products to Russia has become a serious challenge for Kyrgyz producers. The lack of necessary documents and alternative sales channels has made even stable companies vulnerable. Over the past four months, more than 2000 sewing workshops have closed, leaving many people without jobs. To resume their activities, enterprises have begun transitioning to a "white" business model with full documentation. Currently, producers are accepting these conditions and actively

25.12.2025, 19:01
Economy

Sobyanin believes that Moscow cannot do without migrants for now

According to the forecasts of Moscow Mayor Sergey Sobyanin, the capital is set to face a growing labor shortage, which currently amounts to between 400,000 and 500,000 people. In his speech at the Moscow City Duma, he stated: "The shortage of labor resources in Moscow currently ranges from 400,000 to 500,000, and in the future, this number will only increase. Populism in the field of migration is unacceptable," as reported by "Interfax".

25.12.2025, 17:56
Economy

Violation of Consumer Rights in Online Trade Will Become a Priority Topic in the EAEU

The Eurasian Economic Commission (EEC) has identified the priority theme for 2026 — "At Home on the Internet: Know Your Rights, Shop Mindfully." This decision was made at a meeting of the EEC board, where a recommendation for the Union countries was approved. This theme selection will allow for a focus on the issues arising in the relationships between consumers and entrepreneurs in the digital environment, as well as promote the strengthening of trust between them.

25.12.2025, 16:33
Economy / Exclusive

The President opened 11 facilities in the Batken region

On the occasion of the first day of the IV People's Kurultai, President Sadyr Japarov participated in an online event during which 94 facilities were ceremonially opened across the country. In particular, in the Batken region, 11 facilities were put into operation, including 3 production enterprises, 7 social institutions, and 1 road.

25.12.2025, 16:22