News of Kyrgyzstan, Bishkek and Osh — latest events today
Economy

Bekeshev proposes to lift the ban on vapes

At the meeting of the Jogorku Kenesh on December 24, Deputy Dastan Bekeshev raised the issue of the need to lift the ban on vapes and electronic cigarettes, which came into effect this year. "The ban on import and sale does exist, but nevertheless, vapes continue to enter the market. Previously, we received taxes from this sector, but now not a penny is coming into the budget. At the same time, those who wish can easily purchase them through Telegram channels. Why not lift the ban and

24.12.2025, 15:35
Economy

The Housing Complex Supported Amendments to Tax Laws

On December 24, the deputies of the Jogorku Kenesh adopted amendments to the legislation on taxation, social insurance, and non-tax revenues in three readings. According to Bakyt Sydykov, the Minister of Economy and Commerce, these changes are aimed at implementing the presidential decree regarding support for certain sectors of the economy, as well as improving the existing legislation.

24.12.2025, 15:19
Economy

In Kyrgyzstan, transportation may become cheaper

On December 24, the changes in legislation regarding taxation, social insurance, and non-tax revenues were discussed at a meeting of the Jogorku Kenesh, where the Minister of Economy and Commerce, Bakyt Sydykov, reported on the possible reduction in transportation prices. As part of the draft law, it is proposed to exempt individuals engaged in the buying and selling of cars from income tax, while legal entities would be granted exemptions from value-added tax and sales tax.

24.12.2025, 14:37
Kyrgyz Goods to Receive Preferential Access to the Indonesian Market
Economy

Kyrgyz Goods to Receive Preferential Access to the Indonesian Market

According to the press service of the Ministry of Economy, this agreement creates new opportunities for the Kyrgyz Republic in the field of exports and expands access to the Indonesian market. The preferential regime covers a wide range of goods, which should contribute to the economic growth of the state.

24.12.2025, 14:21
Economy

The Supreme Council of the EAEU Supported Approaches to Creating a Common Financial Market

At a recent meeting of the Supreme Eurasian Economic Council, important approaches aimed at harmonizing legislation and creating a common financial market within the EAEU were approved. As reported by the press service of the Ministry of Economy and Commerce of the Kyrgyz Republic, this decision is expected to contribute to deepening economic integration while ensuring the protection and stability of national financial systems. The basis of the adopted decision is a differentiated approach to

24.12.2025, 14:03
Economy

The Jogorku Kenesh supported the bills on the republican budget

On December 23, six committees of the Jogorku Kenesh approved the bills concerning amendments to the republican budget for 2025, as well as the budget for 2026 and the planning period for 2027-2028, all in three readings. As Prime Minister Adylbek Kasymaliev reported, the real growth of the gross domestic product (GDP) was 11.5%, exceeding the initial forecast of 9%.

24.12.2025, 13:50
Economy

The Perm Krai of Russia has increased timber exports to Kyrgyzstan sixfold

The statistics presented by the Rosselkhoznadzor indicate that the Perm Krai of Russia has significantly increased the volume of timber exports to Kyrgyzstan, increasing it sixfold. In recent months, there has been active development of economic ties between the Perm Krai and the countries of Central Asia.

24.12.2025, 12:52
Economy

Following Gold. The Price of Platinum on the NYMEX Exchange Increased by 10 Percent

On the New York Mercantile Exchange (NYMEX), the price of platinum futures for delivery in January 2026 reached a level above $2,300 per troy ounce, marking the first occurrence since March 4, 2008. As a result, the price increased by 10 percent, according to trading data. As of December 23, the price of platinum futures rose by 10.14 percent, reaching $2,301.2 per troy ounce. By 3:49 Bishkek time, the futures price had increased to $2,302.5, reflecting a growth of 10.2 percent.

24.12.2025, 12:28
Economy

The Finance Minister answered what the $700 million from the sale of securities was spent on

At the meeting of the Jogorku Kenesh on December 24, Deputy Dastan Bekeshev raised the issue of the targeted use of $700 million from the sale of securities. Finance Minister Almaz Baketaev explained that these funds became part of an image project aimed at developing the financial sector. In particular, he noted that the authorized capital of "Eldik Bank" has increased to nearly $1 billion, and the bank plans to implement projects totaling $1.5 billion, the financing of which will be

24.12.2025, 11:47
"By the end of 2024, GDP per capita in the Kyrgyz Republic amounted to 2513 US dollars"
Economy

"By the end of 2024, GDP per capita in the Kyrgyz Republic amounted to 2513 US dollars"

The Kyrgyz Republic continues to demonstrate positive trends in the economy, which directly affects the growth of investment activity and financial stability. According to the results of 2024, GDP per capita reached 2,513 US dollars, which is 86% higher compared to 2021. It is expected that in 2025 this figure will grow to 2,800 US dollars. These words were spoken by the Chairman of the Cabinet of Ministers of Kyrgyzstan, Adylbek Kasymaliev, during an extended meeting of the committees of the

24.12.2025, 11:44
Economy

A digital system for distributing meat import quotas has been launched in Kyrgyzstan.

The Automated Information System (AIS), developed by the Ministry of Water Resources, Agriculture, and Processing Industry, is now actively used for processing applications for tariff quotas. With the help of this platform, meat import management has become digital, eliminating bureaucratic red tape, as reported by the ministry's press center. Impact on business:

24.12.2025, 11:42
Economy

Kendirbaeva: In connection with the introduction of 12-year education, the Ministry of Education requires additional funding

At the meeting of the Jogorku Kenesh on December 24, Deputy Dastan Bekeshev asked a question about the sufficiency of the budget allocated to the Ministry of Education. In response, Dogdurkul Kendirbaeva reported that the implementation of the ministry's main plan would require 1 billion 438 million soms, with 1 billion 428 million 231 thousand soms needed for preschool education, 530 million soms for primary education and higher education institutions, as well as 139 million soms for the

24.12.2025, 11:00
A leather factory is being built in the Ysyk-Ata district.
Economy

A leather factory is being built in the Ysyk-Ata district.

According to the minister, 100 hectares of land have been allocated for the factory, which previously belonged to private owners and was unused. This land has been transferred to the state and is now managed by the state enterprise "Agroholding" under the auspices of the ministry. The project is being implemented at the direction of the President of the Kyrgyz Republic.

24.12.2025, 10:40
Exchange rates in commercial banks of Kyrgyzstan on December 24
Economy

Exchange rates in commercial banks of Kyrgyzstan on December 24

Information is provided based on data collected from commercial bank websites. If you have any questions regarding the presented data, we recommend contacting the respective banks directly. This information is current as of its publication date. Exchange rates are indicated for cash transactions and may change throughout the day.

24.12.2025, 10:04
Kasymaiev: In Kyrgyzstan, despite the global downturn, direct investments continue to grow
Economy / Exclusive

Kasymaiev: In Kyrgyzstan, despite the global downturn, direct investments continue to grow

At a meeting of the Jogorku Kenesh, Prime Minister Adylbek Kasymaliev reported that the volume of foreign direct investment worldwide has decreased by 11%. Nevertheless, according to him, Kyrgyzstan is demonstrating positive dynamics, and in 2024, the growth of foreign direct investment has already exceeded 1 billion soms, which is a 22% increase compared to the previous period. “In the first nine months of 2025, the volume of investments reached 885 million dollars, which corresponds to an

24.12.2025, 09:56
The Union of Builders of Kyrgyzstan Summarized the Results of 2025
Economy

The Union of Builders of Kyrgyzstan Summarized the Results of 2025

The Union of Builders of the Kyrgyz Republic, in collaboration with the Ministry of Construction, Architecture, and Housing and Communal Services of the KR, organized a final event where the achievements of the construction sector over the past year were discussed. This event served as a significant platform for analyzing the results achieved and determining future directions for the development of the industry.

24.12.2025, 09:53
The ruble has noticeably strengthened, the som is depreciating against other currencies. Exchange rate as of December 24.
Economy

The ruble has noticeably strengthened, the som is depreciating against other currencies. Exchange rate as of December 24.

Image from the internet. The Chinese yuan has set a new record value for the second consecutive time this year As of December 24, there is an increase in the official exchange rates of the euro, Russian ruble, Kazakh tenge, and Chinese yuan. The US dollar, on the other hand, remains stable. This data was provided by the National Bank of Kyrgyzstan and exchange points in Bishkek. US dollar exchange rate:

24.12.2025, 09:27
Economy

Loans and Grants: How Much Funding and from Whom Does Kyrgyzstan Receive

As of October 31, 2023, Kyrgyzstan's national debt reached $8 billion 692.52 million, increasing by $2.1 billion since the beginning of the year. Of this amount, the external debt is $5 billion 162.90 million, while the internal debt is $3 billion 529.62 million. The external debt grew by $648.04 million, while the internal debt increased by $1 billion 474.9 million compared to December 31, 2022. Kaktus.media analyzed how many loan and grant agreements have been signed since the beginning

24.12.2025, 08:43
Economy

China sets a record for purchases of Russian gold

November became a landmark month for Chinese gold purchases, as the import volume from Russia reached a record $961 million. This event marked the largest transaction in the history of bilateral trade in this sector, according to data from the Chinese customs service. In the first 11 months of 2025, the total volume of Russian gold imported into China reached an impressive $1.9 billion, nearly nine times higher than the same figures from the previous year.

23.12.2025, 21:35
Equipment imported for the jewelry industry will be exempt from VAT.
Economy

Equipment imported for the jewelry industry will be exempt from VAT.

The Committee of the Jogorku Kenesh supported changes to the legislation As part of the bill concerning changes in taxation, social insurance, and non-tax revenues, it is proposed to exempt from VAT the equipment, technologies, reagents, and semi-finished products intended for jewelry production and imported into Kyrgyzstan.

23.12.2025, 18:20
Economy

Shykmamatov on the Solution to the Tailors' Problem at the Russian Border: I Can't Tell Everything

At a joint meeting of six committees of the Jogorku Kenesh on December 23, Deputy Jumabek Salymbekov pointed out that problems at the Kazakhstan-Russia border have led to massive job losses among citizens. He emphasized that measures to reduce taxes in the light industry have begun to yield results: many entrepreneurs have come out of the shadows, and business has started to develop actively.

23.12.2025, 18:13
Economy

The Housing Committees approved the bills on the republican budget in three readings.

On December 23, six committees of the Jogorku Kenesh approved draft laws concerning changes to the republican budget for 2025 and the planned period for 2026-2027, as well as the draft law on the republican budget for 2026 and planned indicators for 2027-2028, and this occurred in three readings. As noted by Prime Minister Adylbek Kasymaliev, the actual GDP growth amounted to 11.5%, exceeding the initial forecast of 9%.

23.12.2025, 16:54
The head of the cabinet expressed dissatisfaction with the residents of the Kochkor district
Economy

The head of the cabinet expressed dissatisfaction with the residents of the Kochkor district

Local residents oppose the construction of a solar power plant At a meeting of the Jogorku Kenesh, deputy Gulsunkan Junushalieva presented a complaint from the residents of the village of Ortok in the Kochkor district. According to her, local residents are protesting against the construction of a solar power plant: “They claim that they are stopping the work, but the contractors continue. This leads to conflict situations. People also complain that significant areas of pasture are being

23.12.2025, 16:15
Economy

Special Zone and Unified Wallet of the EAS. What Will Change in the Tax Sphere in 2026

Starting from 2026, significant changes are expected in the tax sphere, affecting various industries, including the automotive market, light industry, and investment zones. The tax service shared with 24.kg information about key reforms that may come into effect on January 1. Creation of Special Financial Zones and Support for Sports A new special financial investment territory (SFIT) "Tamchi" has been established in the country. Residents of this zone are now exempt from all taxes.

23.12.2025, 15:54
Economy

In 2025, Kyrgyzstan began exporting seeds to Japan and Russia

In 2025, Kyrgyzstan took an important step by starting to export seeds, as reported by the press service of the Ministry of Water Resources, Agriculture, and Processing Industry. State of Seed Production and Crop Farming There are 86 seed production farms operating in the republic. Over a period of 11 months in 2025, agronomists harvested 4,485 tons of high-quality wheat seeds. Support was provided to 2,782 farmers, which is 14% more than in 2024. Thanks to the issuance of over 15 million

23.12.2025, 15:51
Ministry of Finance: In 2026, budget revenues will increase by 28.1%
Economy / Exclusive

Ministry of Finance: In 2026, budget revenues will increase by 28.1%

During a joint meeting of the committees of the Jogorku Kenesh dedicated to the first reading of the draft law "On the Republican Budget of the Kyrgyz Republic for 2026 and the planned period of 2027-2028," the First Deputy Minister of Finance Ruslan Suynaliev reported that in 2026, the total volume of republican resources will amount to 694.4 billion soms. He also noted that in 2027, it is planned to be 688.9 billion soms, and in 2028 — 716.8 billion soms. Thus, there is a steady

23.12.2025, 15:26
Economy

Pension Increase Announced in Kazakhstan for 2026

According to the statement by Serik Zhumangarin, the Minister of National Economy of Kazakhstan, an increase in pensions and benefits by 10% is planned in the country for 2026. This information was published on the Tengrinews website. For comparison, the increase in 2025 was 8.5%. A total of 636 billion tenge has been allocated in the budget for 2026 for these purposes, Zhumangarin noted.

23.12.2025, 15:20
At the fair in the Ton district, yak meat was sold for 600 soms
Economy

At the fair in the Ton district, yak meat was sold for 600 soms

In the Issyk-Kul region, in the Ton district, a food fair was held, organized at the direction of the Ministry of Water Resources, Agriculture, and Processing Industry of the Kyrgyz Republic. Local residents were offered a variety of products at affordable prices, primarily yak meat and lamb. Yak meat was sold at a price of 600 soms per kilogram, while lamb was slightly more expensive at 650 soms. The fair also offered turkey meat at prices lower than market rates.

23.12.2025, 14:41
In 2026, salaries for medical workers, teachers, and cultural workers will be increased
Economy / Exclusive

In 2026, salaries for medical workers, teachers, and cultural workers will be increased

According to the information provided by the Chairman of the Cabinet of Ministers, Adylbek Kasymaliev, at a joint meeting of the committees of the Jogorku Kenesh, it is planned to allocate 58 billion soms in 2026 to increase the salaries of medical workers, educators, and representatives of the cultural sector. Kasymaliev noted that this increase will be implemented in two stages: first from April 1, and then from October 1, 2026.

23.12.2025, 14:40