Economy

Three Years of Alcohol Monopoly. Has the Alcohol Industry Been Brought Out of the Shadows? (Video Report)

The introduction of a state monopoly on the production of ethyl alcohol in Kyrgyzstan has sparked much debate among producers. The main reason for this decision was the need to combat counterfeit products and the shadow market. Currently, the Kara-Baltin Alcohol Plant is the only producer in the country. The plant, which opened in 1942, ceased operations in 2015 but was relaunched in 2020.

23.10.2025, 18:59
A large fish processing plant will be built in the Jalal-Abad region.
Economy / Exclusive

A large fish processing plant will be built in the Jalal-Abad region.

The laying of a capsule took place in the Jalal-Abad region at the territory of the fish farming enterprise "Salih and Co." This event marked the start of the implementation of an ambitious investment project to create an industrial fish farming cluster of a full cycle, estimated at 11.8 million US dollars. This information was published by the Ministry of Agriculture of the Kyrgyz Republic. Bakyt Torobaev, Deputy Minister of Water Resources, Agriculture, and Processing Industry,

23.10.2025, 18:04
Economy

In Kyrgyzstan, a decrease in sugar production is expected due to weather conditions, - Ministry of Agriculture

In 2025, Kyrgyzstan will face a decrease in sugar production volumes due to unfavorable weather conditions that have negatively affected the sugar beet harvest. This was stated on October 23 in an interview with the radio by Uran Chekirbaev, head of the food security department of the Ministry of Water Resources, Agriculture, and Processing Industry of the Kyrgyz Republic. Chekirbaev noted that in 2024, Kyrgyzstan achieved full self-sufficiency in six key food products; however, this year there

23.10.2025, 17:38
Economy

Milk production decreased by 6.2% over the year — to 37.7 thousand tons

- From January to August 2025, meat production decreased by 1%, amounting to 10.4 thousand tons. This information was provided in the materials of the National Statistical Committee. Additionally, a decrease in the volume of processed milk by 6.2% was noted, which amounts to 37.7 thousand tons. In contrast, the production of unrefined vegetable oils increased by 14.5%, reaching 5.98 thousand tons.

23.10.2025, 17:07
Economy

Kyrgyzstan Requests the EEC to Extend Import Customs Exemption for Electric Vehicles

Kyrgyzstan has submitted an initiative to the Eurasian Economic Commission requesting an exemption from import customs duties on 15,000 electric vehicles in 2026. This information was posted on the official website of the EAEU. This measure in the field of customs regulation aims to reduce carbon dioxide emissions and improve the environmental situation in cities.

23.10.2025, 16:32
Economy

Kyrgyzstan Increased Imports of Water, Sugary Drinks, and Soft Drinks by Nearly One and a Half Times

According to data from the National Statistics Committee, from January to August of this year, Kyrgyzstan increased the import of these goods by 43.2% compared to the same period last year. The total volume of imported carbonated beverages amounted to 183 million 49.8 thousand liters, while during the same period last year, 127 million 779.6 thousand liters were imported.

23.10.2025, 15:52
Economy

The EDB has once again improved the forecast for Kyrgyzstan's economic growth in 2025.

According to the EFSR forecasts, by the end of 2025, the gross domestic product of Kyrgyzstan will grow by 9%. This information is contained in the fund's review. The reason for the improved forecast is the active development of the construction sector, which is showing significant growth due to increased investment activity in industry and the expansion of housing construction under the "My Home" program.

23.10.2025, 15:35
Economy

It has been announced how much electricity was produced in Kyrgyzstan this year

According to data from the National Statistical Committee, from January to September of this year, Kyrgyzstan produced 11 billion 317 million kilowatt-hours of electricity, which is 11.3% more than in the same period last year, when production amounted to 10 billion 167.3 million kilowatt-hours. It is worth noting that in mid-September, authorities warned citizens about the need for "regulatory measures".

23.10.2025, 15:33
Economy

The Economy of Kyrgyzstan Will Grow Faster than All Central Asian Countries, but the Risks Are Too High

The IMF has presented its growth forecast for economies around the world, including the Middle East and Central Asia region. Overall, despite trade tensions and conflicts, the region demonstrates stability, although potential risks may affect the current situation. The Director of the IMF's Middle East and Central Asia Department, Jihad Azour, noted that economic growth has exceeded expectations, and the negative impact of high U.S. tariffs and geopolitical conflicts has proven to be

23.10.2025, 15:20
Exchange rates in commercial banks of Kyrgyzstan on October 23
Economy

Exchange rates in commercial banks of Kyrgyzstan on October 23

Information was gathered from various commercial bank websites. If you have any questions regarding the provided data, it is recommended to contact the respective banks directly. The data is current as of the time of publication. The presented rates pertain to cash currency exchange and may change throughout the day.

23.10.2025, 15:16
Economy

In Kyrgyzstan, a price increase of up to 15% for fuel is forecasted.

According to the State Agency for Antimonopoly Regulation of Kyrgyzstan, prices for fuel and lubricants (F&L) are expected to rise by approximately 15%. The agency is conducting price control measures to prevent unjustified increases, based on an agreement signed in 2023 with major oil traders such as OsOO "Munayprom," OsOO "Alpha Oil," "Rosneft," OsOO "Shnos," and "Partnerneft."

23.10.2025, 15:10
Economy

Revenue to the budget increased manifold after the monopolization of alcohol production

The State Agency for Management of State Property reported that Kyrgyzstan's alcohol products received high marks at international competitions held in Moscow and Minsk. At the international competition "Best Alcohol" in Moscow, ethyl alcohol from Kyrgyzstan was awarded two silver medals, confirming its compliance with global quality standards. Additionally, at the alcoholic and non-alcoholic beverages competition "Zalaty Kelik," which took place in Minsk, Belarus,

23.10.2025, 15:08
A fish processing plant will be built in the Jalal-Abad region.
Economy

A fish processing plant will be built in the Jalal-Abad region.

The implementation of an investment project to create an industrial aquaculture cluster will begin at the fish farm "Salikh and Co" in the Jalal-Abad region, with a total cost of $11.8 million. According to the press service of the Ministry of Water Resources, Agriculture, and Food Processing Industry, the project includes the construction of a fish farming facility for breeding fish in cages at the Kurpsay Reservoir, a sturgeon farm in the village of Kumush-Aziz, as well as a fish

23.10.2025, 15:06
Economy

Fuel prices may soar by 15 percent - authorities discuss emergency measures

According to information received from the Antimonopoly Regulation Service, a 15% increase in fuel prices is predicted in Kyrgyzstan. Experts have determined that the main reasons for this price hike are geopolitical events in Russia and a shortage of petroleum products. As a result, Kyrgyz oil traders are facing supply restrictions, as Russian producers prefer clients willing to pay more.

23.10.2025, 15:04
Checks at the Checkpoints. Inspectors of the Ministry of Water Resources and Agriculture will be equipped with body cameras
Economy

Checks at the Checkpoints. Inspectors of the Ministry of Water Resources and Agriculture will be equipped with body cameras

The Ministry of Water Resources, Agriculture, and Processing Industry has begun equipping inspectors from veterinary, phytosanitary, land, and water services with body cameras at border control points. The agency emphasizes that the main goal of this innovation is to improve the transparency and legality of actions on the ground, enhance discipline and accountability among employees, as well as protect the rights of citizens and honest businessmen.

23.10.2025, 14:36
Economy

The EFSR reported on how the Ministry of Finance of the Kyrgyz Republic allocated funds from the placement of Eurobonds.

In May 2025, the Kyrgyz Republic issued eurobonds worth $700 million, which led to an increase in external debt by 3.4%, bringing its share to 27.9% of gross domestic product (GDP). This data is presented in the report of the Eurasian Fund for Stabilization and Development. According to analysts' information, the funds raised from the issuance of eurobonds were used for the recapitalization of JSC "Eldik Bank." In turn, this bank invested these funds in 15-year government

23.10.2025, 14:35
Economy

Balcony glazing in Bishkek can only be done after approval from the Ministry of Construction and neighbors.

In the capital of Kyrgyzstan, Bishkek, new rules regarding glazing, increasing space, and insulating balconies have been introduced. This was reported by Aigerim Estebesova, a representative of the Ministry of Construction, in an interview on "Birinchi Radio". She noted that previously there were no clear regulations governing these processes; however, now, according to the Law "On Urban Planning and Architecture," it is necessary to obtain approval for project and estimate

23.10.2025, 14:21
In 2024, mutual trade within the EAEU increased by 9.1 percent
Economy

In 2024, mutual trade within the EAEU increased by 9.1 percent

A meeting was held at the press center of the Eurasian Economic Commission, featuring Ernard Bakenov, the director of the entrepreneurship development department of the EEC, and Altynai Omurbekova, the director of the labor migration and social protection department. Photo by the EEC press service

23.10.2025, 14:15
Ruble, Euro, and Tenge Have Decreased Against the Som. Currency Rates as of October 23
Economy

Ruble, Euro, and Tenge Have Decreased Against the Som. Currency Rates as of October 23

Photo from the internet. The Russian ruble continues to decline after a recent rise According to information from the National Bank of Kyrgyzstan and exchange points in Bishkek, there has been a decrease in the official exchange rates of the euro, Russian ruble, and Chinese yuan. The US dollar and Kazakh tenge, on the other hand, have maintained their stability. US Dollar:

23.10.2025, 14:06
Economy

The USA announced sanctions against the companies "Rosneft" and "Lukoil"

U.S. Treasury Secretary Scott Bessent announced the introduction of new sanctions against two leading oil companies in Russia — "Rosneft" and "Lukoil." This statement was made through the ministry's press service. Bessent noted that these companies "support the Kremlin's military efforts," while President Donald Trump is striving to end the conflict.

23.10.2025, 13:44
In Kyrgyzstan, 400 deposits are being developed
Economy

In Kyrgyzstan, 400 deposits are being developed

Over 1,000 deposits registered in the republic Currently, more than 1,000 deposits belonging to 51 categories of mineral resources are registered in Kyrgyzstan, according to information provided by the Ministry of Natural Resources of the Kyrgyz Republic.

23.10.2025, 12:21
Salaries in universities do not please teachers
Economy

Salaries in universities do not please teachers

Will starting salaries for young specialists be increased? According to the Ministry of Economy and Commerce, the average salary in Kyrgyzstan from January to June 2025 was 42,020 soms, which is an increase compared to the previous year.

23.10.2025, 11:58
India and Central Asia: 6 Steps to New Cooperation
Economy

India and Central Asia: 6 Steps to New Cooperation

Central Asia has significant geo-economic potential for India due to its strategic location, which connects Asia and Europe. India is actively developing its relations with the countries of the region and is ready to offer its knowledge and technologies in areas such as petrochemicals, pharmaceuticals, transportation, and logistics, as reported by the press service of the Eurasian Development Bank.

23.10.2025, 11:48
New Scooter Rules Come into Effect in Uzbekistan. What Has Changed?
Economy

New Scooter Rules Come into Effect in Uzbekistan. What Has Changed?

Starting from October 1, new requirements have been introduced in Uzbekistan for moped and scooter drivers: it is now necessary to have a state registration number and a driver's license. The publication "Gazeta" conducted a survey among couriers who faced difficulties due to these changes, as well as investigated the situation in driving schools and delivery services.

23.10.2025, 11:41
Economy

Kamchybek Tashiev transferred special equipment to the Ak-Talinsky district, purchased with funds from the President's Stabilization Fund.

The Deputy Chairman of the Cabinet of Ministers and Head of the State National Security Committee (GKNB) Colonel General Kamchybek Tashiev visited the Naryn region on a working trip, during which special equipment was handed over to the Ak-Talinsky district. This information was provided by the GKNB press service. At the beginning of the event, the Chief of Staff of the President Kanibek Tumanbaev introduced the GKNB Chairman to the new equipment. As part of the project, 110 million soms were

23.10.2025, 11:32
The Ministry of Transport of the Kyrgyz Republic commented on the statements of expert Andrei Belov
Economy

The Ministry of Transport of the Kyrgyz Republic commented on the statements of expert Andrei Belov

In his article, Belov pointed out that significant changes occurred in the freight transportation sector in Central Asia in 2025. He emphasized that the change in transit routes from China through Kazakhstan created an opportunity for Kyrgyzstan to double its freight flow; however, the republic was unable to take advantage of this opportunity due to a lack of systemic solutions, staffing issues, and poor infrastructure.

23.10.2025, 11:25
Economy

In Kyrgyzstan, more than 90 PPP projects worth 434 billion soms are being implemented, - Amangeldiev

At the IV International Conference on Public-Private Partnership in Kyrgyzstan, the First Deputy Chairman of the Cabinet of Ministers Daniyar Amangeldiev reported on the implementation of more than 90 PPP projects, with a total cost exceeding 434 billion soms. According to him, updated legislative acts on "Investments" and "Public-Private Partnership" will come into effect in 2025, creating transparent conditions for cooperation between the state and business, ensuring equal

23.10.2025, 11:18
Economy

Import of electric vehicles to Kyrgyzstan may be exempt from a 15% duty.

- In Kyrgyzstan, it is planned to exempt a limited number of electric vehicles from a 15% duty in 2026. This information was announced by the Department of Customs Tariff and Non-Tariff Regulation of the Eurasian Economic Commission. According to the State Customs Service of the Kyrgyz Republic, by the end of September 2023, the limit for duty-free import of electric vehicles, set for 2025 at 10,000 units, was fully exhausted. As a result, a duty of 15% of the customs value is now charged on

23.10.2025, 10:47
Economy

In the Chui District, sugar beets were harvested from 600 hectares.

In 2025, the area allocated for sugar beet in the Chui region amounted to 1,559 hectares, as reported by representatives of the Ministry of Agriculture. Currently, harvesting work is actively continuing in the region. So far, beets have been harvested from 600 hectares of fields.

23.10.2025, 10:44
Economy

Investments in fixed assets of Kyrgyzstan increased by 18.8% over 9 months, totaling 206 billion soms

- According to the Ministry of Economy, in the first nine months of 2025, the volume of investments in fixed capital reached 206 billion soms, indicating an increase of 18.8% compared to the same period in 2024. The increase in investment volume was primarily made possible by the growth of domestic funding sources, which rose by 27.4%, while external sources showed a decline.

23.10.2025, 10:42
Economy

The Ministry of Construction fined the construction company "Kyrgyz Kuroolush Dolboor" 200,000 soms.

- On October 22, a video was received by the Ministry of Construction, Architecture, and Housing and Communal Services, reporting a violation of safety regulations at a construction site located at the corner of Akhunbaev and Toktonaliev Streets in Bishkek. This was reported by the press service of the Ministry of Construction. The State Architectural and Construction Control Department of Bishkek compiled a protocol against LLC "Kyrgyz Kuroolush Dolboor" for violating the standards

23.10.2025, 10:41
S. Japarov Invites Investors to Kyrgyzstan
Economy

S. Japarov Invites Investors to Kyrgyzstan

S. Japarov invited the Japanese company Japan DX to invest in Kyrgyzstan The President of the Kyrgyz Republic, Sadyr Japarov, today, March 15, met with the Executive Chairman of the Japanese company "Japan DX," Soji Suzuki. As reported by the president's press service, the possibility of investment cooperation in the field of mineral resource extraction and subsoil use was discussed.

15.03.2021, 14:28
Gabions on the Streets of Bishkek
Economy

Gabions on the Streets of Bishkek

“Stone” Turtles Appear in Bishkek Employees of the municipal enterprise "Bishkekzelenhoz" have started installing small architectural forms (MAFs) designed to beautify and complement the overall landscape of the city streets. The items are made in the shape of small turtles from gabions, with around 20 pieces planned. Later, bright floral compositions will be placed around the gabions. Not a single som from the capital's budget was spent on the production and installation of the

30.06.2019, 10:40