Economy

In Kyrgyzstan, responsibility for false information about organic products will be strengthened.

In Kyrgyzstan, work has begun on a draft law aimed at protecting consumer rights in the field of organic products. This document, prepared by Deputy Mahabat Mavlyanova, has already been submitted for public discussion. One of the main proposals is to strengthen the responsibility of producers for misleading consumers regarding the ecological purity of their products.

03.03.2026, 14:01

Economy / Exclusive

Fuel prices in Kyrgyzstan are stable - oil traders

According to information provided by Kanat Eshatov, the president of the Association of Oil Traders of Kyrgyzstan, prices for fuel and lubricants (F&L) in the country are currently stable, with sufficient reserves of petroleum products. Eshatov noted that the current situation in the Middle East has not yet affected the cost of F&L in Kyrgyzstan. However, he added that if the international situation continues to remain tense, it may reflect on prices in the future. At the moment, oil

03.03.2026, 13:38

Economy

"Golden" Eggs in Kyrgyzstan - Why Are Prices Rising?

The situation has been explained by the Ministry of Water Resources, Agriculture, and Processing Industry In Kyrgyzstan, there has been an increase in prices for chicken eggs, with the cost of a dozen on markets and in supermarkets reaching 160-170 soms. Many residents of the country have expressed concern on social media about the significant price increase and are wondering why eggs have become "golden." The Ministry of Water Resources, Agriculture, and Processing Industry noted

03.03.2026, 13:33

Economy

The Federal Tax Service has completed the campaign for the legalization of jewelry. Results

On March 1, 2026, the State Tax Service of the Kyrgyz Republic completed its campaign for the legalization of jewelry. During this campaign, 942 entrepreneurs registered jewelry worth a total of nearly 16.8 billion soms, and 1,604 electronic invoices were issued.

03.03.2026, 13:31

Economy / Exclusive

The Federal Tax Service completed the campaign for the legalization of jewelry on March 1.

On March 1, 2026, the State Tax Service of the Kyrgyz Republic completed its campaign to legalize jewelry. According to the press service of the State Tax Service, during this initiative, 942 entrepreneurs registered jewelry worth approximately 16.8 billion soms and issued 1,604 electronic invoices.

03.03.2026, 13:27

Economy

Jewelry worth 16.8 billion soms legalized in Kyrgyzstan

On March 1, 2026, the initiative of the State Tax Service of Kyrgyzstan aimed at legalizing jewelry products was completed. As a result of this campaign, 942 entrepreneurs were able to legalize their products with a total value of approximately 16.8 billion soms.

03.03.2026, 12:52

Economy

Jewelers of Kyrgyzstan legalized products worth 16.8 billion soms

On March 1, 2026, a large-scale campaign to legalize jewelry in the Kyrgyz Republic was completed, as reported by the press service of the State Tax Service. During this campaign, 942 entrepreneurs decided to voluntarily legalize their jewelry products, resulting in a total amount of legalized assets of nearly 16.8 billion soms. In addition, businesspeople registered 1,604 electronic invoices.

03.03.2026, 12:43

Economy

Kyrgyzstan to Present National Report on Biodiversity Conservation to the UN

The work on the Seventh National Report of the Kyrgyz Republic regarding biodiversity conservation has been completed in Bishkek. This document, which showcases the country's achievements in fulfilling international environmental protection commitments, was presented at a seminar dedicated to its validation. The project was implemented with the support of UNDP and with the participation of the ecological movement "BIOM," as well as the Ministry of Natural Resources, Ecology, and

03.03.2026, 12:03

Economy

Exchange Rate in Commercial Banks: Which Currency Has Sharply Devalued?

The exchange rates for foreign currencies set by the National Bank of Kyrgyzstan on March 3 are as follows: For the first time in a long period, the value of the dollar has decreased, and a drop in the prices of the euro and ruble has also been recorded.

03.03.2026, 11:50

Economy / Exclusive

The IEC KR in London Discussed Investments and the Expansion of Trade and Economic Cooperation

From February 24 to 27, 2026, the Deputy Minister of Economy and Commerce of the Kyrgyz Republic, Mederbek Tumanov, participated in a series of events held in London in the format of "Central Asia – United Kingdom." According to the press service of the Ministry of Economy, on February 25, at the headquarters of the European Bank for Reconstruction and Development (EBRD), the deputy minister attended a meeting where Foreign Minister Jeenbek Kulubaev spoke with EBRD Vice President

03.03.2026, 11:44

Economy

Kyrgyzstan Will Face a Significant Increase in Food Prices in 2026

According to a study conducted by the Visual Capitalist portal, Kyrgyzstan will be among the countries with the highest level of food price growth in 2026. The data from the study is based on forecasts from the Food and Agriculture Organization of the United Nations (FAO). It is predicted that in 2026, Kyrgyzstan will face significant inflationary pressure, ranking 14th in the global rating of countries with the highest food price increases.

03.03.2026, 11:38

Economy

Kyrgyzstan will build a trade and logistics hub in Novosibirsk

The Kyrgyz Republic is launching a project to construct a trade and logistics center in the Novosibirsk region, which will be capable of storing up to 20,000 tons of agricultural products, as reported by the "Kyrgyz Export" center.

03.03.2026, 10:59

Economy

In Kyrgyzstan, 1.25 million hectares of land have been allocated for harvest

Spring fieldwork is actively developing in Kyrgyzstan. As of early March 2026, the total area allocated for agriculture is 1.25 million hectares, which is higher than last year's figures. Of this area, 818 thousand hectares are irrigated lands, while 432 thousand hectares are rainfed lands.

03.03.2026, 10:56

Economy

Up to 1 Million Som in Preferential Loans Available for Startups in Kyrgyzstan

Government support for initial businesses in the country is actively developing As part of the government program aimed at supporting startups in Kyrgyzstan, entrepreneurs will be able to receive a preferential loan of up to 1 million soms. This was announced on the air of "Birinchi Radio" by Nurbek Umetaliev, head of the entrepreneurship development department of the Ministry of Economy and Commerce. According to him, the implementation of this project became possible thanks to a

03.03.2026, 10:52

Economy

Qatar announced the suspension of LNG production due to attacks on its facilities

QatarEnergy has announced a temporary halt to liquefied natural gas production due to attacks on its facilities, while Saudi Arabia has suspended operations at its largest oil refinery following a drone strike. This was reported by Reuters. Photo by the media. QatarEnergy announced a temporary halt to LNG production in response to attacks on its facilities

03.03.2026, 10:46

Economy

Conditions are being created for the industrial cultivation of medicinal herbs in Kyrgyzstan

The draft law, which has received approval in the first reading from the Jogorku Kenesh, aims to develop systematic cultivation of medicinal plants. According to VB.KG, this document creates a legal framework for transitioning from the traditional gathering of wild herbs in the mountains to the organization of specialized agricultural plantations. Experts call this initiative a strategic victory for Kyrgyzstan in the context of biodiversity conservation and sustainable development of the

03.03.2026, 10:36

Economy

Kyrgyzstan Signed a Tax Agreement with Hong Kong

The signing of an agreement between the Kyrgyz Republic and the Special Administrative Region of Hong Kong, China, regarding the elimination of double taxation on income and capital took place virtually.

03.03.2026, 10:28

Economy / Exclusive

Barriers at the border are linked to internal problems of Russia and Kazakhstan – Deputy Head of the EEC

At a recent meeting of the Committee of the Jogorku Kenesh dedicated to finance and business development, Deputy Ismanali Joroev raised an important issue regarding the problems Kyrgyzstan faces when exporting goods to EAEU states. He noted that difficulties continue at the border with Kazakhstan, manifested in long queues of trucks.

03.03.2026, 10:14

Economy

Eggs have become more expensive in Kyrgyzstan. The reasons were named by the Ministry of Agriculture.

In Kyrgyzstan, there has been an increase in the prices of chicken eggs, with the cost of a dozen in supermarkets ranging from 160 to 170 soms. Social media users are actively discussing this sharp price change and its reasons. Photo by Facebook user Daniyar Sharabidin. Egg prices in one of the supermarkets According to information from the Ministry of Water Resources, Agriculture, and Processing Industry, the price increase has been confirmed. Ulan Chekirbaev, head of the food security

03.03.2026, 10:12

Economy

Exchange rates in commercial banks of Kyrgyzstan on March 3

Information about currency exchange rates has been collected from the websites of commercial banks. If you have any questions regarding the presented data, it is recommended to contact the banks directly. The data is current as of the time of publication. The currency exchange rates are intended for cash exchange and may change throughout the day.

03.03.2026, 10:08

Economy

Drones are Now Being Used in the Construction of Electric Lines in Kyrgyzstan

The Ministry of Energy of Kyrgyzstan has announced the implementation of drones in the process of constructing electrical lines. Photo courtesy of the Press Service of the Ministry of Energy of the KR

03.03.2026, 09:38

Economy

The digital system "Unified Model of the Transportation Process" is being implemented in Kyrgyzstan

In Kyrgyzstan, the implementation of a digital system known as the "Unified Model of the Transportation Process" is underway. This information was provided by the press service of the state enterprise "NC Kyrgyz Temir Zholu." The new system aims to integrate all stages of cargo transportation within a single software platform. The main objective of the project is to accelerate processes, enhance their transparency, and reduce the likelihood of errors.

03.03.2026, 09:37

Economy

The storage period for the credit history of Kyrgyz citizens will be significantly reduced.

The Committee of the Jogorku Kenesh approved the amendments According to the new bill, the storage periods for the credit histories of citizens of Kyrgyzstan will be significantly reduced. Negative information will now be stored for only 2 years instead of the previous 5, while positive information will be kept for 5 years instead of 7. These changes were supported by the relevant committee of the Jogorku Kenesh during the second reading on March 2. The Chairman of the Cabinet of Ministers,

03.03.2026, 09:34

Economy

The ruble continues to depreciate, the tenge is on the rise. Currency exchange rates as of March 3.

Photo from the internet. The Kazakh tenge has noticeably appreciated after its decline Against the backdrop of changing exchange rates, the Kazakh tenge and euro have shown growth, while the Russian ruble and Chinese yuan have depreciated. The exchange rate of the US dollar remained unchanged. This data is provided by the National Bank of Kyrgyzstan and exchange points in Bishkek. US Dollar:

03.03.2026, 09:27

Economy

Exchange rates at the Moscow City Council on March 3

In the morning of March 3, the exchange rates for major currencies at the Moscow City Council are presented as follows:

03.03.2026, 09:24

Economy / Exclusive

Exchange rates for March 3

The National Bank of the Kyrgyz Republic has updated the data on foreign currency exchange rates against the som as of March 3. According to the regulator's information:

03.03.2026, 09:20

Economy

A wastewater treatment facility complex will be built in the Chui agro-industrial zone

Photo courtesy of the press service of the Ministry of Water Resources, Agriculture, and Processing Industry. Photo courtesy of the press service of the Ministry of Water Resources, Agriculture, and Processing Industry. Photo courtesy of the press service of the Ministry of Water Resources, Agriculture, and Processing Industry. According to information provided by the press service of the Ministry of Water Resources, Agriculture, and Processing Industry, a contract has been signed for the

03.03.2026, 09:19

Economy

Kyrgyzstan – A New Crypto Center of the CIS: Exchanges, Trading, and State Mining

The dynamics of virtual asset development in Kyrgyzstan is impressive. The country has entered the list of the top 20 countries in the world for promoting cryptocurrencies and blockchain technologies.

03.03.2026, 09:08

Economy

Two Weeks Earlier Than Usual. Spring Field Work Has Begun in Kyrgyzstan

This year, spring fieldwork in Kyrgyzstan began two weeks earlier than usual. This was reported by Turatbek Idrisov, head of the department for implementing decisions in the field of crop production and horticulture at the Ministry of Water Resources, Agriculture, and Processing Industry, during a broadcast on "Birinchi Radio". According to Idrisov, the reason for the early start of work is the warm winter and early spring. He also noted that farmers were advised in advance to prepare

03.03.2026, 08:45

Economy

When the restrictions on electricity consumption will be lifted, an official said

During a meeting of the Committee of the Jogorku Kenesh on Finance, Budget, and Entrepreneurship, Deputy Jumabek Salymbekov raised the issue of lifting restrictions on electricity consumption. The discussion took place in the context of an agreement between Kyrgyzstan and the International Development Association regarding the project "Development of the Electricity Market and Integration of Energy Systems (REMIT)." Deputy Minister of Energy Nasipbek Kerimov reported that a warming

03.03.2026, 08:33

Economy

Chinese companies have started advertising railway transportation from China to Europe amid the war between Iran and the USA and Israel.

A new route has been announced as a safe alternative for transportation, avoiding risky sea routes. Chinese companies have begun actively promoting rail freight transportation between China and Europe through Central Asia and Russia. This route is presented as a reliable option for those who want to avoid unsafe sea routes through the Red Sea and the Suez Canal. This advertisement has emerged against the backdrop of the conflict between Iran and the US, as well as the blockage of the Strait of

03.03.2026, 08:32

Economy

A Farmers' Market with Prices Below Market Rates Took Place in Belovodsk

At the market, residents of Belovodsk were able to purchase a variety of products, including meat, dairy products, fruits, and vegetables, at prices set by the producers, excluding intermediaries. The purpose of the event was to curb food prices and create direct connections between agricultural producers and consumers. Participants in the market included both individual farmers and representatives of large processing enterprises in the region. Organizers particularly noted the support for

03.03.2026, 08:20

Economy

Hong Kong Stock Exchange Conducted a Record Number of IPOs Since the Beginning of the Year

Since the beginning of 2023, the Hong Kong Stock Exchange has declared record activity in the IPO market. Analysts forecast significant growth in 2026. In January of this year, nearly 100 companies submitted applications for initial public offerings (IPOs) on the Hong Kong Exchange, which is three times the number of applications during the same period in 2022.

02.03.2026, 18:01

Economy

Export of limestone-shell rock from Kyrgyzstan has been banned

The document was signed by Prime Minister Adylbek Kasymaliev A temporary ban on the export of limestone-shell rock beyond the customs territory of the Eurasian Economic Union has been established in Kyrgyzstan for a period of six months. This was reported by the government press service. The ban applies to limestone-shell rock that was extracted or produced in the country, as well as to unprocessed, roughly crushed, and cut into rectangular and square blocks or slabs (codes 2515 11 000 0 and

02.03.2026, 17:33

Economy

Elimination of Double Taxation. Kyrgyzstan and Hong Kong Sign Agreement

An agreement was signed online on the platform of the Ministry of Economy and Commerce between the Kyrgyz Republic and the Special Administrative Region of Hong Kong, which is part of the People's Republic of China. This agreement aims to eliminate double taxation on income and capital taxes, as well as to prevent tax evasion, as reported by the ministry's press service. The main goal of this agreement is to eliminate double taxation for economic entities of both countries, which will

02.03.2026, 17:03

Economy / Exclusive

The volume of industrial production in Chui Region reached 355.8 billion soms

The Chuy region continues to be a key driver of Kyrgyzstan's economy, as the volume of industrial production has reached a significant mark of 355.8 billion soms. This information was announced during a meeting between the presidential envoy in the region, Azamat Osmonov, and the chairman of the board of the Russian-Kyrgyz Development Fund, Artem Novikov, where the main achievements and future prospects for the development of the region were discussed. Azamat Osmonov reported that the

02.03.2026, 17:00

Economy

China protested against British sanctions for "ties with Russia"

China has officially lodged a strong protest in response to the introduction of a new package of sanctions by the United Kingdom against Chinese companies, which was justified by so-called "ties to Russia." This comment was made by a representative of the Ministry of Commerce of the People's Republic of China. He noted that the actions of the British authorities are unilateral sanctions that lack a legal basis on the international stage and have not been approved by the United

02.03.2026, 16:58

Economy

In Kara-Balta, the "Junda" Oil Refinery is being modernized

As of today, the oil refinery "Junda" in Kara-Balta is undergoing modernization. Investments in the project have reached 193.75 million US dollars, and the completion of the work is scheduled for July 31, 2026.

02.03.2026, 16:52

Economy / Exclusive

In the Housing and Utilities Sector, amendments to the law on credit information exchange were approved in the second reading.

The Committee on Finance and Budget, as well as the Development of Entrepreneurship, today approved a bill concerning amendments to the existing Law of the Kyrgyz Republic "On the Exchange of Credit Information" in its second reading. This bill was proposed by the Cabinet of Ministers. The Deputy Minister of Economy and Commerce, Benazir Nurlanova, emphasized that this legislative change is aimed at improving the legal framework in the field of credit information. She noted that

02.03.2026, 16:48

Economy

Pensioners in Kyrgyzstan: Half of the Pension for Utilities, 150 Som per Day for Food

Not enough money for medicine and clothing Despite the recent increase in pensions, most pensioners continue to face financial difficulties. This was reported by readers of the editorial office. “Even having our own housing in Bishkek, we spend half of our pension on utilities. With the remaining money, we only have 150 soms a day left for food. How can we survive in such conditions? There is simply no money for medicine and clothing,” they share their concerns. According to the Social Fund

02.03.2026, 16:34

Economy

The Customs Service announced a solution to the tailors' problems, but the deputies disagree

The Deputy Chairman of the State Customs Service, Elnura Mambetjunusheva, reported at a meeting of the relevant committee of the Jogorku Kenesh that the issues with the transportation of textile products from Kyrgyzstan to Russia have been practically resolved. Currently, only six trucks are detained at the border for inspection. She noted that an action algorithm has been developed with the Federal Customs Service of Russia. The Russian side will now quickly inform Kyrgyzstan about the reasons

02.03.2026, 16:31

Economy

The Housing Committee approved a $40 million loan for power lines and substation repairs.

In the Jogorku Kenesh, the relevant committee approved the draft agreement with the International Development Association (IDA), aimed at financing the program "Development of the Electricity Market and Integration of Energy Systems" (REMIT). As part of this initiative, the construction of a high-voltage power transmission line "Kristall - Zhyldyz" with a voltage of 220 kilovolts and a length of 17.9 kilometers is planned.

02.03.2026, 16:28

Economy

Kyrgyzstan is Ready to Challenge Possible EU Sanctions in Court - Financial Times

According to the Financial Times, the Kyrgyz Republic is prepared to go to court if the European Union decides to impose sanctions against Bishkek due to suspicions of re-exporting goods to Russia. This decision is related to a proposal from the European Commission to ban the supply of certain goods that could be used for military purposes. EU documents mention dual-use products, including machinery and electronics, which could be involved in the production of weapons and drones. European

02.03.2026, 16:22

Economy / Exclusive

The overall level of electricity losses in networks is decreasing – Ministry of Energy

At a meeting of the committee of the Jogorku Kenesh on finance, budget, entrepreneurship, and competition development, deputy Dastan Bekeshev raised the issue of Kyrgyzstan's role in the Central Asian energy ring. He noted that the possibility of the country exiting this energy ring had been discussed earlier.

02.03.2026, 16:15

Economy

The municipal inspection in Bishkek found that meat resellers are adding 30 soms for 1 kg.

Thus, the price of meat is not 650-700 soms, but reaches 800-850 soms In Bishkek, the municipal inspection conducted checks at the markets of the capital to control prices for meat products, as reported by the city administration. The raids showed that meat is initially purchased from suppliers at a price of 650 to 700 soms per kilogram. However, after passing through the hands of resellers, the final price increases to 800-850 soms. The city administration noted that such a chain of resales

02.03.2026, 14:19

Economy

Ozon Kyrgyzstan's turnover grew by 1.5 times in 2025

Preliminary financial results for Ozon in 2025 show significant growth: total turnover, including services provided, increased by 45% compared to 2024, reaching 14.36 trillion soms. The company's revenue rose by 63%, amounting to 1.45 trillion soms. The annual turnover (GMV) including services amounted to 4.36 trillion soms, which also exceeds the figures for 2024 by 45%. In Kyrgyzstan, the Ozon marketplace demonstrates a turnover growth of 1.5 times.

02.03.2026, 13:35

Economy

In southern Kyrgyzstan, agricultural work is actively underway. Figures

According to forecasts, the total area of agricultural crop sowing in Kyrgyzstan by 2026 will amount to 1,250 thousand hectares, including 818 thousand hectares of irrigated land and 432 thousand hectares of rain-fed land. For comparison, in 2025 this figure was 1,245.6 thousand hectares, reports the press service of the Ministry of Water Management and Agriculture. As of February 27, 2026, work on plowing and sowing is actively underway in the republic:

02.03.2026, 12:57

Economy / Exclusive

The Housing Committee approved the venture financing law in the first reading.

The Committee on Science, Education, Innovative Development, and Information Technologies, as well as Youth Affairs of the Jogorku Kenesh of the Kyrgyz Republic held a meeting where a draft law concerning venture financing was reviewed and approved. This decision was made in the first reading. The initiator of this draft law was the Cabinet of Ministers. Deputy Head of the National Investment Agency, Zhalyn Zheenaliev, emphasized that the goal of the draft law is to improve the investment

02.03.2026, 12:52