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Economy

For the construction of a multi-storey residential complex in Osh, agricultural lands were transformed.

In Osh, in the rural district of Toloykon, the construction of a multi-story residential complex is planned, for which 2.7 hectares of agricultural land will be transformed. This decision was made by the Prime Minister Adylbek Kasymaliev. According to the decree, the plot of land, which is privately owned and designated with the number 1309, is changing its category from "agricultural land" to "land for settlements."

11.12.2025, 10:54
The Cabinet approved new capital standards for securities market participants
Economy / Exclusive

The Cabinet approved new capital standards for securities market participants

The Cabinet of Ministers has adopted a new Regulation on the standards for the sufficiency of own funds for professional participants in the securities market. This decision was signed by the Chairman of the Government, Adylbek Kasymaliev. According to the document, the changes are aimed at improving the financial stability and increasing the competitiveness of organizations operating in the securities market. The minimum sizes of the authorized capital for various areas of activity are

11.12.2025, 10:53
Exchange rates in commercial banks of Kyrgyzstan on December 11
Economy

Exchange rates in commercial banks of Kyrgyzstan on December 11

Information was collected from the official websites of commercial banks. If you have any questions about the presented data, it is recommended to contact the banks directly. The data is current as of the time of publication. The exchange rate is displayed for cash transactions and may change throughout the day.

11.12.2025, 10:48
Economy

Over 34 million soms were spent on the reconstruction of the Kyzyl-Zhyldyz canal in Naryn

The Ministry of Water Resources, Agriculture, and Processing Industry of the Kyrgyz Republic has announced the completion of an important project for the reconstruction of the Kyzyl-Jyldyz canal, which was carried out by the Naryn Regional Water Management Authority. During the work, 13,395 square meters of concrete were laid over a length of 2,070 meters. These measures are aimed at optimizing the use of water resources, increasing the reliability of the irrigation system, and ensuring

11.12.2025, 10:32
The Ruble and Tenge Have Significantly Devalued Again. Exchange Rates as of December 11
Economy

The Ruble and Tenge Have Significantly Devalued Again. Exchange Rates as of December 11

Photo from the internet. The Chinese yuan shows stability and reaches a new annual maximum value Based on data provided by the National Bank of Kyrgyzstan and exchange points in Bishkek, it has been reported that the euro and Chinese yuan have shown growth, while the Russian ruble and Kazakh tenge have significantly depreciated. The US dollar remained at the same level. US Dollar:

11.12.2025, 09:41
Economy

Self-Ban on Lending. The Experience of Kyrgyz People

Since the beginning of December, the number of users of the "Tunduk" mobile application who have decided to impose a self-ban on receiving online loans has exceeded 75,000. This data was provided by the National Bank of Kyrgyzstan. The new option, which allows individuals to limit their ability to take out loans, became available to Kyrgyz citizens on November 1 of this year. The service has proven to be in demand, as many people seek to avoid unexpected debt to financial institutions.

11.12.2025, 09:32
Exchange rates for December 11
Economy / Exclusive

Exchange rates for December 11

As of December 11, 2025, the National Bank has presented updated official exchange rates. US Dollar (USD) — 87.45 soms (unchanged). Euro (EUR) — 101.90 soms, which is 0.10 soms higher than the previous rate of 101.80 soms. Russian Ruble (RUB) — 1.1352 soms, which is a decrease from 1.1411 soms. Kazakh Tenge (KZT) — 0.1687 soms, also lower than the previous value of 0.1700 soms. Chinese Yuan (CNY) — 12.3816 soms, showing a slight increase compared to 12.3744 soms. In commercial banks, the

11.12.2025, 09:22
Economy

Kyrgyzstan's International Reserves Exceeded $8.2 Billion

According to information published by the National Bank, Kyrgyzstan's gross international reserves amounted to $8.269 billion at the end of November 2025. Compared to November of last year, this amount has increased by more than $3.2 billion.

11.12.2025, 09:08
Economy

American companies will participate in the CABXPO business exhibition in Bishkek

On December 25, an international business exhibition CABXPO Bishkek 2025 will take place in Bishkek, as reported by the press service of the High Technology Park. According to the information, the event will be held on the park's premises and will serve as a platform for showcasing innovative solutions, developing business networks, and seeking new career opportunities.

10.12.2025, 20:28
Economy

Individual houses continue to rise in price in Bishkek

Over the past year, the cost of individual houses in Bishkek has increased by 27.2%. This data was obtained from an analysis conducted by the State Agency for Land Resources under the government. As for commercial premises, the average price per square meter is 94,818 soms (approximately $1,084), which is 33,967 soms less compared to November of last year.

10.12.2025, 18:29
Economy

The Cabinet and SOCAR Discussed Fuel Supplies to Kyrgyzstan

The Deputy Chairman of the Cabinet of Ministers of the Kyrgyz Republic, Bakyt Torobaev, held talks in Azerbaijan, focusing on issues related to increasing trade turnover and the import of petroleum products. This was reported by the press service of the Government of Kyrgyzstan. Logistics and Shipbuilding During the visit, Bakyt Torobaev met with Ruslan Talibov, Chairman of the Board of the Baku Shipbuilding Plant.

10.12.2025, 17:30
The global oil market has been predicted to face a "super surplus"
Economy / Exclusive

The global oil market has been predicted to face a "super surplus"

Analysts at Trafigura, a company engaged in international commodity trading, expect a significant surplus of supply in the global oil market by 2026. This is reported by Bloomberg. According to forecasts from the International Energy Agency, a record surplus level may be reached next year—over four million barrels per day, which accounts for about four percent of total global consumption. Although final figures are likely to be lower than initial estimates, experts still predict a serious

10.12.2025, 17:12
Economy / Exclusive

Coal Prices in the City of Talas

Today, December 10, the authorities of Talas, in cooperation with a representative of the antimonopoly agency, conducted an inspection at the trading points selling coal in the city. The city administration reported that such inspections will be carried out regularly until the end of the winter season, with an emphasis on price control and adherence to fair trading principles.

10.12.2025, 17:02
Regions with the Highest Home Insurance Rates in Kyrgyzstan Named
Economy / Exclusive

Regions with the Highest Home Insurance Rates in Kyrgyzstan Named

In Kyrgyzstan, the southern regions continue to lead in the level of housing insurance. This was reported by Aktan Turumbekov, the director of the Insurance and Reinsurance Department of the State Insurance Organization, in an interview on Birinchi Radio. According to him, residents of the southern regions take home insurance more seriously due to frequent natural disasters.

10.12.2025, 16:48
In Kyrgyzstan, the Culture of Insurance is Growing. The GSO Summarizes the Year
Economy / Exclusive

In Kyrgyzstan, the Culture of Insurance is Growing. The GSO Summarizes the Year

The volume of insurance payouts in Kyrgyzstan continues to increase, indicating a growing interest among the population in insurance. Aktan Turumbekov, the director of the Insurance and Reinsurance Department of the State Insurance Organization, shared this data on the air of Birinchi Radio. According to information from the State Insurance Organization, by 2025, the total volume of insurance compensations already amounts to 128.5 million soms. Turumbekov noted that such growth in indicators

10.12.2025, 16:35
Products are getting more expensive, but remain more affordable than in neighboring countries — Ministry of Agriculture
Economy / Exclusive

Products are getting more expensive, but remain more affordable than in neighboring countries — Ministry of Agriculture

In Kyrgyzstan, there is a rise in food prices, which is associated with a number of internal and external factors, as reported by Uran Chekirbaev, head of the food security department of the Ministry of Water Resources, Agriculture, and Processing Industry, on the air of Birinchi Radio. Chekirbaev noted that nine key products have been identified in the country, including meat, vegetable oil, bread, and sugar. The normative consumption of sugar is about 170 thousand tons per year, however, the

10.12.2025, 16:21
Economy

Abakirov: Artificial Intelligence Opens the Way for Kyrgyzstan to the Global Market

At the Central Asian Cyber Legal Forum held on December 10, the director of the High Technology Park, Azis Abakirov, shared his views on the significance of artificial intelligence for the IT sector of Kyrgyzstan. He emphasized that the use of AI could be the key to entering the international market. Abakirov noted: "We should not restrict technologies with excessive regulation, as we still maintain a relatively high degree of freedom on the internet."

10.12.2025, 15:28
Economy

"Everything Can Be Ruined." Bekeshev Commented on the Regulation of Artificial Intelligence in the KR

At the Central Asian Cyber Legal Forum, which took place on December 10, Bekeshev stated the need for the implementation of regulations in the field of artificial intelligence in Kyrgyzstan. The forum served as a platform for discussing pressing issues of digital security. According to the deputy, the main rules for regulating AI are already outlined in the Digital Code of Kyrgyzstan.

10.12.2025, 15:24
Banks of Kyrgyzstan Prepare for the Implementation of Green Financial Products
Economy / Exclusive

Banks of Kyrgyzstan Prepare for the Implementation of Green Financial Products

A training session dedicated to the implementation of green financing took place in Bishkek, organized by the Ministry of Economy and Commerce of the Kyrgyz Republic in collaboration with the Global Green Growth Institute (GGGI) and the German Society for International Cooperation (GIZ). According to the Ministry of Economy, the purpose of the event was to familiarize participants with the principles of sustainable financing and the implementation of ESG approaches (environmental, social, and

10.12.2025, 14:21
In Kyrgyzstan, the first complex for shock freezing of meat has begun construction.
Economy

In Kyrgyzstan, the first complex for shock freezing of meat has begun construction.

Photo by the Ministry of Water Resources, Agriculture, and Processing Industry. Laying of the capsule for the construction of the complex In the Alamedin district, in the village of Baytik, a ceremony was held to lay a capsule symbolizing the start of the construction of a multifunctional agro-industrial complex. This was reported by the Ministry of Water Resources, Agriculture, and Processing Industry. Bakyt Torobaev, Deputy Prime Minister and head of the Ministry of Water Resources and

10.12.2025, 13:19
Economy

Discussed cooperation with Azerbaijan in the field of shipbuilding

The Deputy Prime Minister of the Kyrgyz Republic and Minister of Water Resources, Agriculture, and Processing Industry, Bakyt Torobaev, held a meeting with Majnun Mamedov, the Minister of Agriculture of Azerbaijan. As part of the visit, the Kyrgyz delegation also visited the Baku Shipyard, the Heydar Aliyev Oil Refinery, and the Trade House of Kyrgyzstan located in Baku.

10.12.2025, 12:53
Economy

33 Processing Enterprises to Be Established in Naryn Region

As part of the initiative by the Ministry of Water Resources, Agriculture, and Processing Industry of Kyrgyzstan, the country plans to open 385 processing enterprises. The goal of the project is to increase the level of agricultural product processing to 25% by 2030. As a result of the analysis of the potential for crop and livestock production in the Jalal-Abad region, the establishment of two trade and logistics centers (TLC) and three processing enterprises is planned. They will take into

10.12.2025, 12:52
Economy

The U.S. Department of Energy has raised its forecast for Brent prices in 2025 to $68.91 per barrel

According to the report from the Energy Information Administration (EIA), the U.S. Department of Energy has revised its forecast for the average price of Brent oil in 2025, increasing it by 0.22 percent to $68.91 per barrel, compared to the previous value of $68.76. Analysts believe that global oil reserves will grow in the coming years, which will have a significant impact on market prices. It is expected that in the first quarter of 2026, the price of Brent oil will drop to $55 and remain at

10.12.2025, 12:35
Detained Head of the "Chuy Basin Water Resources Management"
Economy

Detained Head of the "Chuy Basin Water Resources Management"

During the major renovation of the "Petropavlovsky" canal, which is being carried out in the Jayil district of the Chuy region from 2022 to 2024, the State Committee for National Security of the Kyrgyz Republic (GKNB KR) discovered serious violations of urban planning legislation, as well as facts of misappropriation of budget funds. As a result of these actions, the state incurred damages amounting to 12 million soms.

10.12.2025, 12:16
Ministry of Agriculture: GDP and Salaries Have Increased – Therefore Prices Are Rising
Economy

Ministry of Agriculture: GDP and Salaries Have Increased – Therefore Prices Are Rising

“Prices are still lower than in Russia and Kazakhstan” According to Ulan Chekirbaev, head of the food security department of the Ministry of Water Resources, Agriculture, and Processing Industry, the rise in food prices in Kyrgyzstan is due to both internal and external factors. In an interview with “Birinchi Radio,” he noted that the increase in gross domestic product and rising wages in the country also play a role.

10.12.2025, 12:08
Exchange rates in commercial banks of Kyrgyzstan on December 10
Economy

Exchange rates in commercial banks of Kyrgyzstan on December 10

Information about currency exchange rates has been gathered from the official websites of commercial banks. If you have any questions regarding the data, it is recommended to contact the banks directly. The information is current as of the time of publication. The stated rates apply to cash currency exchange and may change throughout the day.

10.12.2025, 11:38
Economy

The GNS asks taxpayers to verify their data

The State Tax Service (STS) is appealing to citizens to check the data on their real estate in connection with the implementation of the automatic property tax assessment system. The innovations introduced in the Tax Code imply that property tax will be calculated and paid by tax authorities at the location of real estate objects or land plots.

10.12.2025, 11:24
Economy

Russia may tighten import rules from Kyrgyzstan after December 25

According to expert Sergey Stankevich, after December 25, Russia may reinstate mandatory labeling for goods imported from Kyrgyzstan and Kazakhstan, which will be the result of the temporary regime coming to an end. Stankevich suggests that the process of returning to the requirements will take place in a soft manner, as "it is better to act gradually, like a therapist, than to cut it off at the root."

10.12.2025, 11:20
Economy

The National Bank fined a commercial bank more than 21 million soms

On December 5, the National Bank of the Kyrgyz Republic decided to impose a fine of 21 million 600 thousand soms on one of the commercial banks. The reason was violations in the area of legislation related to combating the financing of illegal activities and the legalization of criminal proceeds, as well as shortcomings in the organization of the internal control system. It is worth noting that two other commercial banks had previously been held administratively liable for similar violations.

10.12.2025, 11:17
The trade turnover of Kyrgyzstan with the EU exceeded $837 million
Economy / Exclusive

The trade turnover of Kyrgyzstan with the EU exceeded $837 million

On December 9, the Minister of Economy and Commerce, Bakyt Sydykov, held a meeting with Remy Duflo, the new head of the European Union Delegation to Kyrgyzstan. During this meeting, the minister congratulated Duflo on his appointment and expressed hope that his extensive experience would benefit the deepening and expansion of cooperation between Kyrgyzstan and the EU.

10.12.2025, 11:08
Economy

Digitalization in Kyrgyzstan. The Minister of Digital Development identified one pressing issue

At the Central Asian Cyber Legal Forum, which took place on December 10, the head of the Ministry of Digital Development, Azamat Zhamangulov, noted that with the active implementation of digital technologies in the country, including artificial intelligence, there is a need for quality regulation of the legal aspects of these innovations. According to him, Kyrgyzstan has already adopted a Digital Code, which is intended to help address many issues related to digital technologies.

10.12.2025, 10:38
Economy

Study: Business Activity Index in Kyrgyzstan Higher than Neighbors, the USA, and Europe

A recent study of the Business Activity Index (PMI), organized by the "Guarantee Fund" JSC in collaboration with the Ministry of Finance of Kyrgyzstan, has concluded. Details were published in a press release received by the editorial office. According to representatives of the Guarantee Fund, the PMI index is an important indicator for analyzing the current state of the economy, which draws interest from entrepreneurs, analysts, and government institutions.

10.12.2025, 10:20
Exchange rates for December 10
Economy / Exclusive

Exchange rates for December 10

The official exchange rates for December 10, 2025, were published by the National Bank. 1 USD — 87.45 som (remained at the same level) 1 EUR — a slight decrease from 101.9754 to 101.8049 som; 1 RUB — a decrease from 1.1422 to 1.1411 som; 1 KZT — a decrease from 0.1723 to 0.1700 som; 1 CNY — an increase from 12.3679 to 12.3744 som. In commercial banks, the average buying rate for the dollar is 87.36 som, while the selling rate is 87.80 som.

10.12.2025, 09:50
The National Bank fined a commercial bank a large sum
Economy / Exclusive

The National Bank fined a commercial bank a large sum

The National Bank of the Kyrgyz Republic has announced its decision to impose a substantial fine on one of the commercial banks. According to information from the regulator, on December 5, 2025, the bank was fined 21,600,000 soms. This decision was a result of violations of the country's legislation related to combating the financing of criminal activities and the legalization (laundering) of income, as well as compliance with internal control organization requirements.

10.12.2025, 09:34
The EU commented on sanctions against two Kyrgyz banks
Economy

The EU commented on sanctions against two Kyrgyz banks

In October of this year, the European Union approved a new, 19th package of sanctions concerning Russia, which also affected banks from Kyrgyzstan, namely "Tolubai" and "Eurasian Savings Bank." Additionally, two companies were added to the sanctions list: LLC "Old Vector" and LLC "Greenex." EU Commissioner for International Partnerships Jozef Síkela discussed the possible exclusion of these institutions from the list in an interview with journalists.

10.12.2025, 09:19
Economy

In Kyrgyzstan, two banks punished for violating the law on combating money laundering

Two commercial banks in Kyrgyzstan have been held administratively liable for failing to comply with legislation related to the fight against the financing of criminal activities and the legalization (laundering) of income, as reported by the State Financial Intelligence Service. The total amount of fines imposed on these financial institutions is 293,000 soms.

10.12.2025, 09:19
Economy

Increase the Minimum Capital of Commercial Banks Proposed in Kyrgyzstan

In the Kyrgyz Republic, an initiative to increase the minimum capital for commercial banks, proposed by the board of the National Bank of the country, is being discussed. The presented draft resolution concerning the minimum amount of charter and own (regulatory) capital has been put forward for public discussion. The main goal of the document is to strengthen the financial stability of the banking system and increase trust from investors and clients, as well as to improve the competitiveness

10.12.2025, 09:17