Exchange Rates for November 18
Economy / Exclusive

Exchange Rates for November 18

As of November 18, 2025, the National Bank presented the current exchange rates. A comparison with the rates on November 15 shows that most foreign currencies have undergone changes, except for the US dollar.

18.11.2025, 08:58
Economy

Price Increase. The Ministry of Agriculture promises uninterrupted meat supplies directly from farmers.

An online discussion took place regarding issues related to stabilizing prices for beef and lamb at the Ministry of Water Resources, Agriculture, and Processing Industry. This information was provided by the press service of the ministry. During the meeting, participants analyzed the situation in the meat market, discussed measures to ensure food security, and identified factors contributing to price increases. The necessity for closer cooperation between government agencies, local

18.11.2025, 08:42
India will provide Kyrgyzstan with grant assistance of 253.2 million soms
Economy

India will provide Kyrgyzstan with grant assistance of 253.2 million soms

According to information provided by the press service of the Ministry of Economy, India will allocate grant assistance to Kyrgyzstan in the amount of 253.2 million soms. This became possible due to the signing of two memoranda of cooperation. The first memorandum concerns the implementation of a project titled "Establishment of an IT Lab for the Kyrgyz Economic University (KEU)" in Bishkek.

18.11.2025, 08:16
India will provide Kyrgyzstan with grant assistance of 126.6 million soms
Economy

India will provide Kyrgyzstan with grant assistance of 126.6 million soms

Kyrgyzstan will receive grant assistance from India amounting to 126.6 million soms. This became possible due to the signing of two memorandums of cooperation, as reported by the press service of the Ministry of Economy. The first memorandum concerns the project to establish an IT Lab for the Kyrgyz Economic University (KEU) in Bishkek.

17.11.2025, 23:54
Economy

300,000 companies may close in Kazakhstan due to tax reform. Consequences for the KR

A large-scale tax reform in Kazakhstan is already causing significant concern among representatives of small and medium-sized businesses. The new rules may force entrepreneurs to leave the country in search of more favorable conditions in neighboring Kyrgyzstan and Uzbekistan. This creates potential challenges and opportunities for the Kyrgyz economy, which may find itself at the center of a new influx of businesses and, consequently, goods. Changes in Taxation: Risks for SMEsThe Tax Code,

17.11.2025, 21:14
Kazakhstan's Business is Nervous, While Kyrgyzstan Talks About a Window of Opportunity
Economy

Kazakhstan's Business is Nervous, While Kyrgyzstan Talks About a Window of Opportunity

Photo from the internet Starting January 1, 2026, a new Tax Code will come into effect in Kazakhstan, and preparations for it have already begun. However, many entrepreneurs in the country express concerns that the proposed changes will negatively impact the middle class and the economy as a whole. Some have even described this document as a "punitive book," claiming that it is part of a "global policy against small and medium-sized businesses." What specific changes will

17.11.2025, 20:00
Economy

The Ministry of Economic Development urged suppliers to lower prices on essential goods

At a meeting held by the Minister of Economy and Commerce of the Kyrgyz Republic, Bakyt Sydykov, issues related to prices for socially significant goods were discussed with major local suppliers. The meeting also gathered representatives from tax services from all four districts of Bishkek, as reported by the ministry's press service. The minister emphasized the importance of social responsibility in business and called for a review of pricing policies.

17.11.2025, 19:03
Economy

In Kyrgyzstan, the harvest is coming to an end. Authorities reported on the results.

According to the latest data as of October 23, farmers in Kyrgyzstan have completed the harvest of grains from an area of 602.5 thousand hectares, which is 9.1 thousand hectares more compared to the same period last year, according to a report from the National Statistical Committee. From January to September of the current year, there has been an increase in the gross harvest of several crops: rice by 17%, fruit and berry crops by 12.6%, vegetables by 11.6%, corn by 7.9%, and melons and gourds

17.11.2025, 18:56
Economy

At the Ministry of Economic Development, support for the textile industry and access to products in the Russian Federation were discussed.

A meeting dedicated to supporting the textile industry and issues related to the access of its products to the Russian market was held at the Ministry of Economy and Commerce of the Kyrgyz Republic. The press service of the ministry reported this. During the meeting, participants discussed the problems faced by domestic products when entering the Russian market. It was noted that difficulties arose due to increased control by Russian authorities.

17.11.2025, 17:09
Economy / Exclusive

Butchers in the city of Kara-Kul have been given the maximum allowable prices for beef and lamb

In Kara-Kul, located in the Jalal-Abad region, inspections are being conducted aimed at controlling food prices. The event involves Vice Mayor Manas Abdykalikov, as well as representatives from the tax service, police, and municipal administration. On one of the weekends, they visited the central market, where they interacted with sellers and studied current prices for various products. During the visit, efforts were made to explain the unacceptability of artificially raising prices on socially

17.11.2025, 16:36
Economy

Kyrgyzstan Significantly Reduced Foreign Trade

According to data from the Ministry of Economy, from January to September of the current year, the volume of foreign economic activity in Kyrgyzstan amounted to $11.3 billion, which is 8.3% lower than in the same period last year. The decrease in foreign economic turnover is associated with both a decline in export volumes and a reduction in imports. In particular, exports decreased mainly due to a sharp decline in supplies of live animals (by 8.2 times), footwear (by 4.3 times), copper waste

17.11.2025, 16:29
Economy

Authorities reported where and what is rising in price the fastest in Kyrgyzstan

According to information provided by Deputy Chairman of the National Statistics Committee Bakytbek Shokenov at a press conference in Bishkek, from January to October 2023, consumer prices and tariffs in the country increased by 7.1% compared to December of the previous year. In particular, there was a recorded increase in prices for food and non-alcoholic beverages by 7.4%, for alcoholic beverages and tobacco products by 6.7%, and for non-food goods by 5.6%.

17.11.2025, 16:01
Economy

Shortage of Coal? What is Happening at the Coal Deposits of Kara-Keche and Ak-Ulak

During a working trip to the Naryn region, Minister Ibraev inspected the coal deposits of Kara-Keche and Ak-Ulak, which are managed by the Joint Stock Company "Kyrgyzkomur." He went there to assess information about the coal shortage received through social media and to check the situation on the ground, according to a statement from the press service of the Ministry of Energy. According to the Joint Stock Company "Kyrgyzkomur," since the beginning of 2025, 978,584 tons of

17.11.2025, 15:40
Economy

The average salary in Kyrgyzstan has been announced

According to information announced by the Deputy Chairman of the National Statistical Committee, Bakytbek Shokenov, at a press conference in Bishkek, the average monthly salary in the country from January to September 2025 amounted to 42,757 soms. The highest growth in household income is observed in sectors such as real estate transactions, construction, scientific and technical services, public administration and defense, social security, healthcare, hospitality and restaurant business, as

17.11.2025, 15:40
India to Allocate Grant for the Creation of an IT Lab for KAU and Improvement of the Infrastructure of the Centralized Operational and Dispatching Center in Leilek District
Economy / Exclusive

India to Allocate Grant for the Creation of an IT Lab for KAU and Improvement of the Infrastructure of the Centralized Operational and Dispatching Center in Leilek District

In the Batken region, specifically in the Leilek district, India will provide a grant for the establishment of an IT Lab, as well as for the modernization of the infrastructure of the Primary Health Care Center (PHCC). This was announced by the Ministry of Energy and Commerce of the Kyrgyz Republic. The agency reported the signing of several memoranda:

17.11.2025, 15:39
At the Ministry of Economic Development, measures to support the textile industry and issues of product access to the Russian market were discussed.
Economy / Exclusive

At the Ministry of Economic Development, measures to support the textile industry and issues of product access to the Russian market were discussed.

The Ministry of Economy and Commerce of the Kyrgyz Republic held a meeting chaired by the First Deputy Prime Minister Daniyar Amangeldiev. Representatives of government agencies and the sewing industry participated in the discussion. The agenda included important issues regarding access for Kyrgyz products to the Russian market. Meeting participants noted that the tightening of control by Russian authorities has led to the current crisis. Measures to support domestic producers in both internal

17.11.2025, 15:32
Up to 4,000 car carriers from Kyrgyzstan and Kazakhstan are stuck at the Russian border
Economy

Up to 4,000 car carriers from Kyrgyzstan and Kazakhstan are stuck at the Russian border

Photo by Yegor Snetkov, "Kommersant" Due to concerns about rising prices associated with changes in the calculation of the recycling fee, huge queues of imported cars have formed at the Russian border. According to dealers' estimates, by the end of November, up to 4 thousand car carriers are expected to be at the border, transiting through Kazakhstan and Kyrgyzstan, reports the publication "Kommersant". The import of cars into Russia is mainly carried out through

17.11.2025, 14:30
The Baytik Mountain Resort and Chatkal Resort projects are aimed at year-round tourism
Economy / Exclusive

The Baytik Mountain Resort and Chatkal Resort projects are aimed at year-round tourism

Kyrgyzstan is actively developing the concept of year-round tourism by creating new mountain tourist clusters. This was reported by Damir Jumakanov, head of the international cooperation and tourism development department of the OJSC "Tourism Development Support Fund in the KR," on the air of Birinchi Radio. This year, the implementation of a significant project called "Three Peaks" began, aimed at modernizing the ski infrastructure.

17.11.2025, 13:35
Economy

Adylbek Kasymaliev spoke about GDP volumes

At a hardware meeting chaired by Prime Minister Adylbek Kasymaliev, information was presented indicating that since the beginning of the year, the growth rate of real GDP has exceeded 10%. The highest growth rates are observed in the pharmaceutical sector, where the increase has reached 100%, as well as in food production, which has grown by 33.6%. Additionally, the production of rubber and plastic products, as well as construction materials, has increased by 33.8%. In the chemical industry,

17.11.2025, 13:07
"Kyrgyz EXPO 2025" showcased the achievements of the labor and talent of our people
Economy

"Kyrgyz EXPO 2025" showcased the achievements of the labor and talent of our people

A significant international exhibition "Kyrgyz EXPO 2025" took place in Bishkek, which, in essence, has no analogs in the Kyrgyz market. The event featured 150 companies and over 1,000 business participants from Kyrgyzstan, as well as from Russia, Kazakhstan, Uzbekistan, China, Turkey, Germany, Hungary, Iran, Italy, Mongolia, and other countries. The Vice President of the Chamber of Commerce and Industry of Kyrgyzstan, Avazbek Kerimbaev, noted in an interview with vb.kg that the

17.11.2025, 12:57
Melis Turgunbaev: Migrants are Returning, but There is a Shortage of Labor in the Kyrgyz Republic
Economy

Melis Turgunbaev: Migrants are Returning, but There is a Shortage of Labor in the Kyrgyz Republic

During the plenary session of the congress taking place in Almaty, Turgunbaev noted that there is a trend of reverse migration: many Kyrgyz citizens who previously worked in Russia are returning to their homeland. However, even with the increasing number of returnees, the republic still lacks labor, which forces the authorities to attract foreign specialists, as reported by Exclusive.kz.

17.11.2025, 12:42
Economy

Licensing of Private Schools Simplified. Results

At a government meeting in Bishkek, the Chairman of the Cabinet of Ministers Adylbek Kasymaliev announced the results of the challenges initiated in August 2025 as part of the "Government Accelerators" program. He noted that the sharp increase in population in cities like Bishkek and Osh, as well as in some regions, has led to a significant burden on state educational institutions. This circumstance prompted the government to engage the private sector more actively in the education

17.11.2025, 12:23
Economy

In the city of Osh, the highest inflation in the regions of Kyrgyzstan is 9 percent

According to data from the National Statistical Committee, from January to October 2025, the inflation rate in the country was 7.1 percent compared to December 2024. The highest price increase was observed in the services sector, where prices rose by 8.9 percent. Food and non-alcoholic beverages became 7.4 percent more expensive, alcohol and tobacco increased by 6.7 percent, and non-food goods rose by 5.6 percent.

17.11.2025, 12:06
Economy

In Kyrgyzstan, tax administration for large companies will be strengthened

In the Kyrgyz Republic, plans are in place to strengthen tax administration for large companies, as well as to introduce support measures for representatives of small and medium-sized businesses. This was reported on the air of Radio Sputnik by Nurbek Ismail uulu, head of the tax policy department of the Ministry of Economy and Commerce. He noted that within the framework of the EAEU, mandatory labeling of goods is regulated by the national laws of the member countries. Thus, in Russia, 21

17.11.2025, 11:48
Exchange rates in commercial banks of Kyrgyzstan on November 17
Economy

Exchange rates in commercial banks of Kyrgyzstan on November 17

Information was gathered from the official websites of various commercial banks. If you have questions regarding the presented data, it is recommended to contact the banks directly. This information is current as of the time of publication. The indicated rates are intended for cash currency exchange and may change throughout the day.

17.11.2025, 11:41
Inflation in Kyrgyzstan since the beginning of the year has reached 7.1%
Economy / Exclusive

Inflation in Kyrgyzstan since the beginning of the year has reached 7.1%

From January to October of this year, Kyrgyzstan recorded an inflation rate of 7.1% compared to December of last year. This information was provided by the National Statistical Committee. The most significant price increase was observed in services for the population, where the growth was 8.9%. Food products and non-alcoholic beverages increased by 7.4%, while alcohol and tobacco products rose by 6.7%. Non-food goods increased in price by 5.6%.

17.11.2025, 10:59
Economy

The new procedure for collecting tax debts will come into effect from 2026.

Starting from January 1, 2026, important changes will come into effect in the Tax Code of Kyrgyzstan. This was announced by Nurbek Ismail uulu, head of the Tax Policy Department of the Ministry of Economy and Commerce, during a broadcast on Radio Sputnik. As part of these changes, a new mechanism for collecting tax arrears will be introduced, and the cancellation of debts accumulated before January 1, 2022, will be provided.

17.11.2025, 10:43
Belgian Depository Ready to Sue EU in Case of Seizure of Russian Assets
Economy

Belgian Depository Ready to Sue EU in Case of Seizure of Russian Assets

The Belgian depository Euroclear, which manages a significant portion of the frozen Russian assets in Europe, is targeting legal action against EU authorities if they decide to confiscate these assets to support Ukraine. This was reported by Euroclear's CEO, Valerie Urbain, in an interview with Le Monde. Photo by the media. CEO of Euroclear Valerie Urbain

17.11.2025, 09:47
The weakening of the som continues, only the dollar is stable. Exchange rates as of November 17.
Economy

The weakening of the som continues, only the dollar is stable. Exchange rates as of November 17.

Photo from the internet. The dollar remains in place, while the som continues to depreciate after the National Bank's intervention As of November 17 of the current year, changes in exchange rates are observed, according to data from the National Bank of Kyrgyzstan and exchange points in Bishkek. The US dollar demonstrates stability, while the euro, Russian ruble, and Kazakh tenge show growth, and the Chinese yuan has depreciated. US Dollar:

17.11.2025, 09:47
Economy

In Kyrgyzstan, an increase in agricultural production has been recorded

According to the Eurasian Economic Commission, there is an increase in agricultural production volumes in Kyrgyzstan. From January to September 2025, the overall growth in the Eurasian Economic Union countries was 2.1% compared to the same period last year. The most significant growth was recorded in Kyrgyzstan, Kazakhstan, Armenia, and Russia, while Belarus experienced a decline in indicators.

17.11.2025, 08:36
Economy / Exclusive

In the Moscow District, meat prices are being held steady despite a slight increase in feed and livestock prices.

In the village of Belovodskoye, Moscow district, a market for winter feed and livestock took place today, November 16, reports Turmush correspondent. At the trading sites, a bale of clover grass costs 380–420 soms, straw is 200 soms, and mountain hay is 320 soms. The livestock market is seeing an increase in prices, depending on the fatness and breed of the animals. For example, a 6-month-old ram is sold for 35,000 soms, a 2-year-old goat for 15,000 soms, fattened sheep for 30,000 soms, and

17.11.2025, 00:46
Economy / Exclusive

In the city of Uzgen, meat stall traders were told what price the cost of meat should not exceed.

In Uzgen, explanatory work was carried out regarding meat prices, reported the local mayor's office. At the instruction of Kamchybek Tashiev, Deputy Chairman of the Cabinet of Ministers and Chairman of the State Committee for National Security, the city mayor Eldos Taev, together with relevant services, conducted an inspection of the points of sale dealing with meat.

16.11.2025, 14:08
Economy

In Kyrgyzstan, three mining companies lost their licenses

In Kyrgyzstan, three companies engaged in cryptocurrency mining have lost their licenses, as reported by the Financial Market Regulation and Supervision Service. The agency clarified that the order revoked the certificates previously issued to legal entities for conducting activities in the field of industrial mining.

16.11.2025, 13:56
"Meat Cluster" with Loans at 3 Percent to be Established in Kyrgyzstan
Economy

"Meat Cluster" with Loans at 3 Percent to be Established in Kyrgyzstan

Work to improve food security in Kyrgyzstan and enhance the quality of life in rural areas will continue. This was announced by Bakyt Torobayev, Deputy Chairman of the Cabinet of Ministers, during the ceremony of handing over new agricultural machinery to the Kyrgyz State Breeding Plant. Photo by the Ministry of Water Resources, Agriculture, and Food Processing Industry. Transfer of agricultural machinery

16.11.2025, 13:52