News of Kyrgyzstan, Bishkek and Osh — latest events today
Construction Across the Country: The Ministry of Construction Announced the Results of Two Years
Economy / Exclusive

Construction Across the Country: The Ministry of Construction Announced the Results of Two Years

The Deputy Minister of Construction, Talant Imanakun uulu, spoke at a meeting of the Committee of the Jogorku Kenesh on industrial policy, transport, and construction, where he presented a report on the ministry's work for the years 2024–2025. He noted that in 2025, 15.5 billion soms were allocated from the republican budget for the construction of social facilities, which allowed for the construction of 291 new facilities. In 2024, funding amounted to 11.6 billion soms. “Currently, the

03.02.2026, 11:15
Kambaratin Hydroelectric Power Station-1 and Investments: The Government of the Kyrgyz Republic Held a Meeting with Companies from the USA
Economy

Kambaratin Hydroelectric Power Station-1 and Investments: The Government of the Kyrgyz Republic Held a Meeting with Companies from the USA

At a meeting held by the First Deputy Chairman of the Cabinet of Ministers, Daniyar Amangeldiev, with representatives of major companies from the USA, the possibilities for investment cooperation were discussed. During the event, Amangeldiev emphasized that Kyrgyzstan is actively implementing large-scale projects in the fields of infrastructure, energy, and industry. He noted that these initiatives create conditions for sustainable economic growth and contribute to the modernization of the

03.02.2026, 11:11
Exchange rates in commercial banks of Kyrgyzstan on February 3
Economy

Exchange rates in commercial banks of Kyrgyzstan on February 3

The currency exchange rates presented below are valid as of February 3 and have been collected from various commercial bank websites. For clarification of information, it is recommended to contact the banks directly. Please note that the indicated rates are intended for cash exchange and may change throughout the day.

03.02.2026, 10:57
The second business forum "B5+1" will start tomorrow in Bishkek.
Economy / Exclusive

The second business forum "B5+1" will start tomorrow in Bishkek.

From February 4 to 6, the second business forum "B5+1" will take place in Bishkek. This significant event, organized with the support of the Cabinet of Ministers of the Kyrgyz Republic, is intended to create a platform where business leaders from Central Asia and the USA can exchange views and establish contacts. The forum will focus on strengthening economic ties in the region and developing a productive dialogue between the public and private sectors.

03.02.2026, 10:33
The specialized committee of the State Duma approved amendments to the bill on renewable energy sources.
Economy / Exclusive

The specialized committee of the State Duma approved amendments to the bill on renewable energy sources.

The profile committee of the Jogorku Kenesh, which deals with industrial policy, transport, the energy sector, architecture, and construction, approved the bill concerning amendments to the Law of the Kyrgyz Republic "On Renewable Energy Sources" in three stages. Deputy Minister of Energy Altynbek Rysbekov emphasized that this bill aims to develop the renewable electricity sector, modernize energy systems, improve the investment climate, and promote sustainable economic growth in the

03.02.2026, 10:31
Economy

Meat, sugar, and fruits exempted from import duties. Details

At the meeting of the Eurasian Economic Commission Council, held on January 30 of this year, a decision was made to grant Kyrgyzstan tariff preferences for the import of a number of goods that have social and economic significance. These measures are aimed at supporting the agro-industrial sector, ensuring the domestic market, and curbing price increases, as reported by the press service of the Ministry of Agriculture of Kyrgyzstan. According to the new rules, the import of beef (fresh,

03.02.2026, 10:16
Kyrgyzstan Significantly Reduced Import of Seedlings
Economy

Kyrgyzstan Significantly Reduced Import of Seedlings

The Department of Chemicalization, Plant Protection, and Quarantine, which is part of the Ministry of Agriculture of the Kyrgyz Republic, has announced the introduction of strict control measures for the import of seedlings, which are classified as products with a high phytosanitary risk. According to the press service of the department, every seedling crossing the country's border must undergo a multi-level inspection. This includes a detailed check of documents and certificates, as well

03.02.2026, 10:10
Economy

Renewable Energy Sources will allocate 1 percent of their revenue to local budgets

At a meeting of the committee of the Jogorku Kenesh, which deals with industrial policy, transport, the fuel and energy complex, architecture, and construction, deputies adopted amendments to the law "On Renewable Energy Sources" in the second and third readings. According to the changes, instead of allocating 1% of the total volume of produced energy to local self-governments, as provided for in the current legislation, renewable energy facilities will now be required to transfer 1%

03.02.2026, 10:04
Economy

Changes in the Management of "Optima Bank"

OJSC "Optima Bank" announced changes in its management, according to information provided by the Kyrgyz Stock Exchange. In particular, Adal Izmukhanov, who had held the position of First Deputy Chairman since 2021, has left his position.

03.02.2026, 10:00
EEC approved tariff benefits for the import of meat, sugar, and fruits into Kyrgyzstan
Economy / Exclusive

EEC approved tariff benefits for the import of meat, sugar, and fruits into Kyrgyzstan

As a result of the meeting of the Eurasian Economic Commission Council held on January 30, several decisions were made aimed at supporting the agro-industrial sector of Kyrgyzstan. This information was provided by the Ministry of Water Resources, Agriculture, and Processing Industry of the Kyrgyz Republic. According to the agency's information, the new documents provide for exemption from import customs duties for a number of goods that have significant social and economic importance,

03.02.2026, 09:52
Economy

Benefits from the EAEU. Kyrgyzstan will not pay customs duties on meat, sugar, and fruits.

At the last meeting of the Eurasian Economic Commission Council, several decisions were made aimed at supporting the agro-industrial sector of Kyrgyzstan. According to the new documents, the Republic will receive tariff benefits exempting it from paying import customs duties on a number of key goods imported for domestic consumption and processing. This was reported by the Ministry of Agriculture and Water Resources. According to the information, benefits will be provided for the following

03.02.2026, 09:40
Economy

A Business Forum on Strengthening Cooperation Between Central Asian Countries and the USA Will Be Held in Bishkek

On February 4 and 5, the second business forum "B5+1" will take place in Bishkek, as reported by the information support department of the Cabinet of Ministers of the Kyrgyz Republic. According to the statement, this high-level forum is organized in collaboration with the government of the Kyrgyz Republic and will provide a platform for dialogue between business representatives and authorities from Central Asia and the United States. The main goal of the event is to develop regional

03.02.2026, 09:33
The Cabinet secured millions of dollars in benefits for Kyrgyzstan in Moscow
Economy

The Cabinet secured millions of dollars in benefits for Kyrgyzstan in Moscow

At this meeting, a number of decisions were made aimed at strengthening the economic and food security of the member countries of the Union. One of the key points was the provision of a tariff benefit to Kyrgyzstan for the import of raw cane sugar. In 2026, the republic will be exempt from paying import customs duties on 20,000 tons, which will be an important support for local processing enterprises and help stabilize prices in the domestic sugar market.

03.02.2026, 09:26
Economy

China's Chairman Xi Jinping Proposes Making the Yuan a Global Reserve Currency

Xi Jinping, the Chairman of the People's Republic of China, has proposed the initiative for the yuan to become a global reserve currency, as reported by the Financial Times. In his opinion, the country needs to create a "strong currency" that can be effectively used in international trade, as well as in investment and currency markets.

03.02.2026, 09:26
The som has appreciated against all major currencies except the dollar. Exchange rate as of February 3.
Economy

The som has appreciated against all major currencies except the dollar. Exchange rate as of February 3.

Photo from the internet. In recent days, the Russian ruble has shown instability, fluctuating between growth and decline. According to information provided by the National Bank of Kyrgyzstan and exchange points in Bishkek, the official exchange rates for the euro, Russian ruble, Kazakh tenge, and Chinese yuan have decreased, while the dollar has remained at the same level. US Dollar:

03.02.2026, 09:05
Economy

Budget Project of Bishkek. Revenues are projected at 32.9 billion soms in 2026.

A draft resolution concerning the budget of Bishkek for 2026 and the planned period of 2027-2028 has been put up for public discussion. The full text of the document is available here. According to information from the city hall, the revenue part of the capital's budget for the upcoming year is expected to amount to 32 billion 873 million 616.8 thousand soms, including targeted transfers from the republican budget.

03.02.2026, 08:51
In Chui District, onions are sold at the fair for 16 soms
Economy

In Chui District, onions are sold at the fair for 16 soms

In the Chui region of Chui Oblast, a food fair was held, organized by the Ministry of Water Resources, Agriculture, and Processing Industry of Kyrgyzstan as part of the fight against high prices. At this event, local residents had the opportunity to purchase products directly from producers, which helps avoid markups associated with intermediaries. Thus, the price of onions was only 16 soms, potatoes were sold for 37 soms, and fresh meat could be bought starting at 680 soms per kilogram.

03.02.2026, 08:46
Exchange rates for February 3
Economy / Exclusive

Exchange rates for February 3

As of February 3, 2026, the National Bank has established official exchange rates against the Kyrgyz som. Comparing with the rates that were in effect on January 31, 2026, the following changes can be noted:

03.02.2026, 08:30
Chinese companies invest in the digitization of Kyrgyz cities
Economy

Chinese companies invest in the digitization of Kyrgyz cities

At a meeting held between the head of the National Investment Agency, Ravshanbek Sabirov, and a delegation of Chinese companies, including Shanghai Minghou Xufu Business Consulting Management Co., Ltd. and Anté Lingkun (Shanghai) Technology Co., Ltd., the prospects for cooperation in the field of digitalization were discussed. The information was provided by the agency's press service. Photo of the NIA

02.02.2026, 22:55
Economy

Soil Nutrient Analysis Conducted in Kyrgyzstan. Laboratory Addresses

Farmers can submit soil samples for laboratory analysis of nutrient content to official laboratories. The press service of the Ministry of Water Management and Agriculture of the Kyrgyz Republic provided information on the relevant addresses. Chuy Region: Central Specialized Control and Toxicology Laboratory. Address: village of Kozhomkul, Sokuluk District (formerly Voenno-Antonovka), Toktogul Street, 3. Head of the laboratory - A. Kulmambetova. Phone: 0707 98 97 45. Osh Region: Osh Specialized

02.02.2026, 17:19
Court bailiffs recovered over one million soms from LLC in favor of the State Tax Service.
Economy / Exclusive

Court bailiffs recovered over one million soms from LLC in favor of the State Tax Service.

According to the information provided by the Bailiff Service under the Prosecutor General's Office of the Kyrgyz Republic, it was possible to recover 1,035,694 soms in favor of the State Tax Service. As clarified by the agency, the enforcement proceedings were completed by the Suzak District Department based on the decision of the Suzak District Court issued on September 24, 2025. The debt was recovered from the debtor LLC "Jasur-Komur" for the specified amount.

02.02.2026, 16:33
Economy

The Asian Infrastructure Investment Bank will allocate $50 million to Kyrgyzstan

At the meeting of the Committee of the Jogorku Kenesh on Finance, Budget, Entrepreneurship, and Competition Development, the Ministry of Finance of the Kyrgyz Republic presented a draft loan agreement with the Asian Infrastructure Investment Bank. Deputy Minister of Finance Nurbek Akjolov reported that as part of the initiative "Development of a Sustainable Financial Market for Micro, Small, and Medium Enterprises in the Kyrgyz Republic," which the World Bank has already allocated

02.02.2026, 15:58
Economy

The National Bank fined one of the commercial banks in Kyrgyzstan 268,000 soms

The National Bank of Kyrgyzstan announced the imposition of a fine on one of the commercial banks in the country for failing to comply with the requirements regarding mandatory reserves from December 29, 2025, to January 25, 2026. The fine amounted to 268,711.49 soms. Typically, the National Bank does not disclose the names of the banks that have been fined.

02.02.2026, 15:51
The Housing Committee adopted the bill on the transfers of profits from the National Bank of the Kyrgyz Republic in three readings.
Economy / Exclusive

The Housing Committee adopted the bill on the transfers of profits from the National Bank of the Kyrgyz Republic in three readings.

At the meeting of the Committee on Finance, Budget, Entrepreneurship, and Competition Development of the Jogorku Kenesh, a draft constitutional law titled "On the Issues of Transferring the Profit of the National Bank of the Kyrgyz Republic" was reviewed and unanimously approved. The proposal to develop this draft law was made by the Chairman of the Cabinet of Ministers of Kyrgyzstan.

02.02.2026, 15:50
Sewing Factory "Eurasia Group" Expands Production in Osh Region
Economy

Sewing Factory "Eurasia Group" Expands Production in Osh Region

Recently, the sewing factory "Eurasia Group" in the Osh region received a visitor — the head of the National Investment Agency under the President, Ravshanbek Sabirov. According to the agency's press service, during the visit he got acquainted with the implementation process of the investment project related to the construction of the second phase of the factory.

02.02.2026, 15:41
Economy

Deficiencies on the Naryn - Oryuktam Highway Will Be Eliminated at the Contractor's Expense - Ministry of Transport

The deficiencies found on the Naryn — Oryuktam highway will be addressed at the contractor's expense. This was reported by the press service of the Ministry of Transport and Communications of the Kyrgyz Republic. The issues concern the section of the road between the 20th and 23rd kilometers. The ministry clarified that this facility has not yet been accepted due to identified violations during the construction process.

02.02.2026, 15:34
The NBKR explained whether fluctuations in world gold prices have an impact.
Economy / Exclusive

The NBKR explained whether fluctuations in world gold prices have an impact.

At a meeting of the committee of the Jogorku Kenesh on finance, budget, entrepreneurship, and competition development, deputy Dastan Jumabekov raised the issue of the impact of fluctuations in gold prices on international markets on the activities of the National Bank. In response to this question, the deputy chairman of the NBKR, Melis Attokurov, noted that global changes in gold prices do not affect the operations of the National Bank.

02.02.2026, 15:22
Economy

The authorities of Kyrgyzstan expect a record budget surplus in the coming years

In its report, the Ministry of Finance of Kyrgyzstan revealed the key parameters of the budget for 2027-2028, which are reflected in the Law on the Republican Budget for 2026 and the planned period of 2027-2028. According to forecasts, the surplus of the republican budget for 2027 will amount to 40 billion 663.6 million soms, which is equivalent to 1.7% of this year's GDP. In 2028, the surplus is expected to increase to 51 billion 717.3 million soms, which will be 1.9% of GDP.

02.02.2026, 15:18
Economy

How does Kyrgyzstan plan to increase the processing of agricultural products? Expert's response

According to Bayastan Rayymbekov, a leading specialist in the processing industry and organics department of the Ministry of Water Management and Agriculture, the country plans to open 385 new processing enterprises by 2030 to support the agro-sector. He shared this information on the air of "Birinchi Radio". Currently, there are already 485 processing enterprises and 40 trade logistics centers operating in Kyrgyzstan. "These initiatives are aimed at developing the processing

02.02.2026, 15:07
Economy

In the fall, a goods traceability system will be launched in the EAEU. This will also affect Kyrgyzstan.

Starting from September 1, 2026, a goods traceability system will begin operating in the Eurasian Economic Union (EAEU). This information was published in the list of goods approved by the Council of the Eurasian Economic Commission. Under the new system, household refrigerators and freezers (12 codes of the EAEU Customs Nomenclature), washing machines for both home use and laundries, including models with a spin-drying device (6 codes of the EAEU Customs Nomenclature), as well as equipment for

02.02.2026, 14:49
Economy

Kyrgyzstan received over 520 thousand tons of gasoline from Russia in 2025

As of 2025, the volume of gasoline supplies from Russia transported by rail amounted to 2.6 million tons. This is reported by "Kommersant". According to the publication, Kyrgyzstan emerged among the leading importing countries, purchasing 526 thousand tons of gasoline. Additionally, among the main supply destinations are Mongolia (820 thousand tons), Uzbekistan (510 thousand tons), and Tajikistan (406 thousand tons).

02.02.2026, 14:45
Economy

The National Bank is ready to transfer the profit for 2025 to the budget. An approximate amount has been named.

At the meeting of the Committee of the Jogorku Kenesh on Finance, Budget, Entrepreneurship, and Competition Development, held on February 2, Deputy Minister of Finance Umutjan Amanbaev presented a draft law under which the National Bank plans to transfer 100% of its profits to the state budget for the year 2025. According to Amanbaev, the exact amount of profit is currently unknown. He proposed that the deputies consider the project in three readings at once.

02.02.2026, 14:44
Kyrgyzstan and the USA are developing investment cooperation
Economy

Kyrgyzstan and the USA are developing investment cooperation

On February 2 and 3, 2026, bilateral meetings are scheduled at the National Investment Agency under the President of the Kyrgyz Republic. Leading American companies and representatives of government structures of Kyrgyzstan will participate in these meetings. The aim of the events is to strengthen economic and investment ties between Kyrgyzstan and the United States, as well as to develop business cooperation in key sectors of the economy.

02.02.2026, 14:35
Economy

The National Bank of the Kyrgyz Republic's eleven percent rate will remain until the end of 2026 — EDB

In its traditional weekly macroeconomic review, the Eurasian Development Bank presented a forecast indicating that the National Bank of Kyrgyzstan's interest rate will remain at 11% until the end of 2026. It should be noted that in January of this year, the regulator decided to keep the discount rate at this level. As of mid-January 2026, the annual inflation rate stood at 9.4 percent.

02.02.2026, 14:33
Economy

The National Bank will transfer all profits to the budget. The relevant committee approved the draft law.

At the meeting of the relevant committee of the Jogorku Kenesh, which deals with issues of finance, budget, business, and competition development, a draft law concerning the transfer of profits from the National Bank of the Kyrgyz Republic to the budget was approved. According to this draft law, the entire amount of the National Bank's profit, namely 100%, will be directed to the republican budget after the financial statements are confirmed by an independent audit.

02.02.2026, 14:26
Economy

A Third of All Taxes. VAT Revenues to the Budget Increased in Kyrgyzstan

According to the Ministry of Finance, in 2025, Kyrgyzstan collected 164 billion soms from the value-added tax (VAT). Of this amount, 43.8 billion soms came from VAT on goods and services produced in the country; 49.4 billion soms from VAT on goods imported from EAEU countries; 67.5 billion soms from goods from third countries; 1.2 billion soms from VAT on electronic services provided by foreign companies; and 1.9 billion soms from VAT withheld by tax agents.

02.02.2026, 14:20
Economy

The pastures of Suusamyr evaluated using a new methodology

In Kyrgyzstan, a special methodological guide has been created for the rapid assessment of pasture conditions across the country, as reported by Natalia Kilyazova, head of the Pastures and Forage Department of the Kyrgyz Scientific Research Institute of Animal Husbandry and Pastures, which is subordinate to the Ministry of Water Resources, Agriculture, and Processing Industry. This methodology was developed in collaboration with the Institute of Pastures and Forages and the Veterinary Service

02.02.2026, 14:09
Bakyt Torobaev: "We are becoming less dependent on imported meat"
Economy

Bakyt Torobaev: "We are becoming less dependent on imported meat"

At the farmers' fair held at the Turdakun Usubaliev Square in Bishkek, the Minister of Water Resources, Agriculture, and Processing Industry, Bakyt Torobaev, shared his vision of the situation in the poultry meat production sector with journalists from VB.KG, highlighting that it is currently an affordable and socially significant product.

02.02.2026, 14:04
Cafes and restaurants promised to "optimize" prices on dishes, but only for takeout.
Economy

Cafes and restaurants promised to "optimize" prices on dishes, but only for takeout.

A round table was held at the State Antimonopoly Service, where current issues were discussed with the owners of public catering establishments. According to information provided by the Antimonopoly Regulation Service under the Ministry of Economy and Commerce, cafes and restaurants agreed to reduce prices by 10% on dishes ordered for takeout. The round table gathered representatives of government agencies and owners of public catering to discuss the implementation of the law prohibiting

02.02.2026, 13:29
Economy

A consortium of institutions to support small and medium-sized enterprises has been established.

The President of the Kyrgyz Republic, Sadyr Japarov, signed a decree to establish a consortium that will support small and medium-sized enterprises in the country. This step is aimed at uniting the efforts of various government structures, financial institutions, educational establishments, and international partners to enhance the effectiveness and transparency of entrepreneurship support. The decree is based on Articles 66 and 71 of the Constitution of the Kyrgyz Republic and includes several

02.02.2026, 12:41
The LDPR Initiative May Hit Kyrgyzstani Tailors
Economy

The LDPR Initiative May Hit Kyrgyzstani Tailors

Leonid Slutsky, the head of the LDPR party, has proposed an initiative that could significantly impact the textile industry in Kyrgyzstan. He suggests introducing VAT on imported light industry goods if similar products are already available in the Russian market. While this initiative aims to limit the influence of Western and Asian brands, it may also affect partner countries in the Eurasian Economic Union, particularly Kyrgyzstan.

02.02.2026, 12:40
Economy

The Cabinet will approve new financial guarantees for investors in special zones

The government of Kyrgyzstan has presented a draft resolution for public discussion, which includes new financial obligations for key sectors of the economy and social sphere, as well as regulates the process of their provision in regions with special conditions for investment. This document is based on Article 63 of the Budget Code and the laws "On Investments," "On the Status of Batken Region," and "On the Cabinet of Ministers." The main goal is to create an

02.02.2026, 12:30
Kyrgyzstan secured duty-free import of sugar and cocoa until 2027
Economy

Kyrgyzstan secured duty-free import of sugar and cocoa until 2027

At a recent meeting of the Eurasian Economic Commission (EEC) Council in Moscow, a number of strategic initiatives aimed at supporting the agricultural sector of Kyrgyzstan were adopted. One of the main outcomes achieved by the delegation led by First Deputy Prime Minister Daniyar Amangeldiev was the receipt of a tariff concession for the import of 20,000 tons of raw cane sugar. This measure, effective until the end of 2026, will allow local producers to operate with maximum efficiency and

02.02.2026, 12:25