The National Bank of Kyrgyzstan reported that as of the beginning of January 2026, its international reserves reached a record value of $10 billion 177.18 million. Comparing to January 2025, when the reserves amounted to $5 billion 190.86 million, it can be noted that the figure has nearly doubled. Over the year, the net increase was more than 96 percent.
Starting from May 1, 2026, a new increase in electricity prices is expected in Kyrgyzstan. The Ministry of Energy of the country informed Kaktus.media about the details of the upcoming changes and how citizens can reduce their electricity expenses. Who makes decisions about tariffsEnergy sector specialists emphasize that the current tariffs for the population are socially oriented, meaning they are significantly lower than their actual cost. In this regard, by government decree No. 227 dated
From January to December 2025, Kyrgyzstan acquired 139,065 passenger cars worth $1 billion 78.6 million. This data was published by the National Statistical Committee. Compared to the previous year, the number of imported cars decreased by 1,967 units. The value of imports also fell by 38.1%. The main exporting countries of passenger cars in 2025 were South Korea (58,920 cars), China (49,497), the USA (9,792), Japan (4,869), and Russia (4,036).
In Kyrgyzstan, starting from May 1, the electricity tariff for household users consuming up to 700 kilowatt-hours per month will increase by 27 tyiyns. The new cost will be 1 som 64 tyiyns per kilowatt-hour. This information was released by the Ministry of Energy of the country. The social threshold will remain unchanged.
Currently, the existing electricity tariffs for the population are socially oriented, meaning they are set significantly below market value. According to the Ministry of Energy of the Kyrgyz Republic, this situation requires changes. In this regard, the ministry has developed a medium-term tariff policy for 2025–2030, aimed at balancing financial flows and eliminating deficits in the energy system.
As of today, there are 40 trade and logistics centers operating in Kyrgyzstan, as reported by the Ministry of Water Resources, Agriculture, and Processing Industry. These centers either operate alongside processing enterprises or function as independent entities, facilitating the export of products. According to the ministry's information, there are 483 registered processing enterprises in the country, representing medium and large capacities.
The Ministry of Finance's report notes that in January 2026, Kyrgyzstan allocated 7 billion 470 million soms, which is equivalent to approximately 85.3 million dollars, for the repayment of public debt. According to the Ministry of Finance, in 2025, the republic spent 45 billion 967.7 million soms ($525.3 million) on external obligations and 31 billion 170.4 million soms ($356.2 million) on domestic debt.
A program is being launched in Kyrgyzstan that allows sewing enterprises to receive preferential loans. This has become possible thanks to a decree from the Cabinet of Ministers. The press service of the Ministry of Economy announced the launch of the project, which is aimed at supporting small and medium-sized enterprises through the subsidization of interest rates.
In Kyrgyzstan, the digital som will officially be introduced on January 1, 2027, as announced by Azat Kozubekov, Deputy Chairman of the National Bank of the Kyrgyz Republic, at a press conference on February 24. According to him, the law regulating the issuance of the digital som will come into effect as scheduled, allowing for its circulation to begin. Currently, the National Bank is actively working on the implementation of this project in collaboration with partners.
As part of the program "Preferential lending for SMEs through interest rate subsidies," sewing companies have the opportunity to receive financing on favorable terms through authorized banks. According to the Ministry of Economy and Commerce of the Kyrgyz Republic, loans are provided by the following banks:
As of the end of January 2026, Kyrgyzstan's gross international reserves amounted to $10 billion 177.18 million. This data was provided by the country's National Bank. According to the regulator's information, the dynamics of gross reserves are as follows:
Currently, the international reserves of the Kyrgyz Republic amount to about 10 billion US dollars. This was announced on February 24 at a press conference where the Deputy Chairman of the National Bank, Azat Kozubekov, spoke. According to him, the change in the volume of international reserves in the country is largely related to fluctuations in gold prices on the global market.
Photo courtesy of the Ministry of Economy In Kyrgyzstan, sewing companies will be able to take advantage of preferential loans provided through accredited banks as part of a government initiative to support small and medium-sized businesses. This announcement was made by the press service of the Ministry of Economy and Commerce. This financing program, known as "Preferential lending for small and medium-sized enterprises through interest rate subsidies," was approved by the Cabinet
The Ministry of Economy and Commerce has announced the liquidation of JSC "Trade Company of the Kyrgyz Republic." This decision is formalized by the order of the Ministry of Justice numbered 1184-k, which was signed on February 10. According to information from the ministry, after the liquidation, JSC "Trade Company of the Kyrgyz Republic" is no longer the owner of the domain TRADECO.KG. The company also does not conduct its activities through this resource and is not
Kazakhstan maintains its leadership in Central Asia in attracting foreign investments The President of Kazakhstan, Kassym-Jomart Tokayev, made a visit to the USA, which opened new opportunities for constructive dialogue with leading international companies and financial organizations. The main focus was on long-term investments, localization of production, and Kazakhstan's integration into global supply chains. One significant outcome of the trip was the signing of an investment contract
In the near future, citizens will be able to inherit funds held in electronic wallets. This was announced at a press conference by Elizat Japarova, head of the banking supervision department of the National Bank of the Kyrgyz Republic. She noted that a draft law is currently under public discussion, which proposes changes to several legislative acts. These changes are aimed at expanding existing norms to include electronic wallets. Japarova reminded that last year, changes were made to the Law
At the press conference, the Deputy Chairman of the National Bank, Azat Kozubekov, explained how changes in the discount rate affect the credit market and mortgage lending. According to Kozubekov, the economy of Kyrgyzstan is structured in such a way that changes in monetary policy primarily impact deposits. An increase in the discount rate primarily raises the yield on deposits.
According to data published on the official Telegram channel of the EAEU, in 2025, the volume of industrial production in the member countries of the union increased by 1.6% compared to the previous year.
In Kyrgyzstan, the level of readiness of agricultural machinery for spring fieldwork is 82%, which is 2% higher than last year's figure. According to information from the Ministry of Agriculture, there are currently over 92,000 units of agricultural machinery registered in the country, including 22,428 tractors, 1,960 grain harvesters, and other machines. Preparation for the spring work of 2026 is actively underway in the regions, where technical maintenance and repair of machinery are
According to the latest weekly macroeconomic review by the Eurasian Development Bank, in January of this year, Kyrgyzstan's gross domestic product (GDP) grew by 9%. Analysts claim that the main factor behind this growth was high consumer demand. Domestic trade contributed 2.6 percentage points to the overall GDP dynamics, while the services sector added 1.9 p.p. Investments in fixed capital also showed significant growth, increasing by 17.9%.
At a meeting of the Committee of the Jogorku Kenesh on industrial policy, transport, the fuel and energy complex, architecture, and construction, Energy Minister Taalaibek Ibraev reported on the country's plans to eliminate the electricity deficit by 2028. Currently, Kyrgyzstan is facing a shortage of electricity amounting to about 4 billion kilowatt-hours per year.
At a meeting of the relevant committee of the Jogorku Kenesh, Energy Minister Talaybek Ibraev announced the expansion of solid fuel extraction geography in Kyrgyzstan. In 2025, the state enterprise "Kyrgyzkomur" will take over the management of five new coal deposits: Torugart, Markai, Beshburkhan, Kojo-Kelen, and Suluktu-11.
In 2025, five new coal deposits were opened in Kyrgyzstan. This was reported by the Minister of Energy Talaybek Ibraev at a meeting of the committee of the Jogorku Kenesh, responsible for industrial policy, transport, the fuel and energy complex, architecture, and construction. The minister named the new deposits: Suluktu 11, Kojo Kelen, Beshburkhan, Markai, and Torugart. All of them are under the control of the OJSC "Kyrgyzkomur."
On February 24, the Committee of the Jogorku Kenesh, which deals with issues of industrial policy, transport, energy, architecture, and construction, approved several agreements related to infrastructure projects. Among them is a project that involves the construction of a new bridge over the Naryn River on the Bishkek - Osh highway. Deputy Minister of Transport and Communications Ulukbek Janibekov noted that this initiative aims to improve transport connectivity between Kyrgyzstan and
At a meeting of the Jogorku Kenesh Committee on Industrial Policy and Energy, the Ministry of Energy shared information about current initiatives in the field of renewable energy sources (RES) in Kyrgyzstan. According to Minister Talaybek Ibraev, 13 investment agreements have been signed for the construction of solar and wind power plants with a total capacity of 650 MW, and several large projects are in the active implementation stage.
The government of Kyrgyzstan has approved a new temporary procedure that introduces electronic auctions for obtaining rights to subsoil use. This step is part of the presidential decree on reforming the mining industry and aims to combat corruption in the distribution of mineral resources. Licenses for subsoil development will now be granted exclusively through an electronic system. The Ministry of Natural Resources, Ecology, and Technical Supervision intends to launch a pilot project in the
According to the information from the press service of the State Tax Service (STS), products of Chinese origin without excise stamps were found in two stores. In particular, at a retail outlet owned by OsOO "Chongqing Hogo," 160 units of alcoholic products without excise stamps were discovered, as well as 405 liters of liquid with an alcohol smell and 124 packages of sweet drinks. The Tax Service emphasizes that the sale of excise goods without excise stamps is a serious violation of
According to information presented at a meeting of the Jogorku Kenesh committee, Energy Minister Talaybek Ibraev reported that by the end of 2030, 48 small hydropower plants are planned to be commissioned in Kyrgyzstan, with a total capacity of 420.8 MW. Furthermore, the minister noted that since 2021, 27 small hydropower plants with a total capacity of 109.8 MW have already been commissioned in the country, which has allowed for the production of 427 million kWh of electricity annually.
At a press conference, the Deputy Chairman of the National Bank of Kyrgyzstan, Azat Kozubekov, spoke about the government's actions aimed at reducing the negative consequences of European Union sanctions affecting the country's banking sector. He noted that there is consistent work being carried out by the cabinet of ministers and the National Bank in this area. "Everything that is being done by government agencies is aimed at minimizing the negative impact of the
The Ministry of Economy and Commerce has clarified the situation regarding the Open Joint Stock Company "Trade Company of the Kyrgyz Republic." According to the information provided by the ministry, the liquidation of this company was completed on February 10, 2026, in accordance with the current legislation of the Kyrgyz Republic. As for the domain name TRADECO.KG, which previously belonged to the Open Joint Stock Company "Trade Company of the Kyrgyz Republic," a contract
At a press conference, the Deputy Chairman of the National Bank of the Kyrgyz Republic, Azat Kozubekov, reported that the government is actively working to reduce the impact of sanctions imposed by the European Union against several banks in the country. He noted that the joint efforts of the Cabinet of Ministers and the National Bank are aimed at a consistent and systematic resolution of this issue. According to him, the measures being taken help to minimize the negative consequences
At a meeting of the committee of the Jogorku Kenesh, which deals with issues of industrial policy, transport, and energy, the Ministry of Energy presented its plans for 2026. Minister Talaybek Ibraev outlined the key areas of work:
Information about the exchange rates was collected from the official websites of commercial banks. If you have any questions regarding the presented data, it is recommended to contact the banks directly. This data is current as of the time of publication. Please note that the exchange rates indicated for cash transactions may change throughout the day.
The Ministry of Health of Kazakhstan has banned the use of a drug for the treatment of erectile dysfunction and ordered its withdrawal from the market, as reported by TengriHealth.
On February 24, the National Bank of Kyrgyzstan presented the following foreign exchange rates: In commercial banks, the prices for the dollar and the ruble remain stable, while the exchange rate of the European currency has decreased against the som.
Photo by the press service of the Cabinet. Photo by the press service of the Cabinet. At a meeting held by Deputy Prime Minister Bakyt Torobaev, who also serves as Minister of Water Resources, Agriculture, and Processing Industry, organizational aspects of the upcoming agricultural census were discussed. This information was published by the information support department of the Cabinet. According to the information provided by the Chairman of the National Statistical Committee of the Kyrgyz
On February 23, the Board of the National Bank of Kyrgyzstan decided to raise the key interest rate by 100 basis points, increasing it to 12%. This change took effect on February 24. Inflation and PricesIn its statement, the National Bank pointed out the need to consider the unstable external economic situation, which is characterized by a high level of uncertainty. The regulator noted that "the prospects for price dynamics depend on the stability of global supply chains and trade flows,
On February 23, 2026, the Board of the National Bank of the Kyrgyz Republic decided to raise the interest rate by 100 basis points, bringing it to 12%. This change took effect immediately, as reported by bank representatives. The NBKR noted that the current external economic situation remains complex and carries a certain degree of uncertainty. There is a slowdown in price growth for key goods in international food markets; however, inflation in the partner countries of the Kyrgyz Republic
Today, the Board of the National Bank of the Kyrgyz Republic announced an increase in the discount rate by 1 percentage point, bringing it to 12%. This decision took effect upon its publication, the press service of the NB KR reported. On the reasons for the rate increase and current prices The National Bank noted that "the external economic situation remains diverse and is characterized by a high degree of uncertainty." It is noteworthy that "in global food markets, the pace of
Photo of OJSC "Chakan HPP". Lebedinovskaya HPP According to information from the press service of OJSC "Chakan HPP", a contract has been signed with China National Heavy Machinery Corporation for the reconstruction of the Lebedinovskaya HPP. Currently, specialists are beginning to prepare the design and estimate documentation for the upcoming work.
Image from the internet. Since Friday, the exchange rate of the Chinese yuan has remained stable, which was previously observed only with the US dollar Amid changes in the currency market, the euro showed growth, while the Russian ruble and the Kazakh tenge continued to lose value. The US dollar and the Chinese yuan remained at previous levels, according to data from the National Bank of Kyrgyzstan and exchange points in Bishkek. US dollar exchange rate:
At the Center for Public-Private Partnership, a discussion was held on the project for the reconstruction of "Bereke Bazaar," located in the rural municipality of Tort-Kol in the Uzgen district. The main goal of the modernization is to adapt the trading facility to modern standards, improve infrastructure, and create more convenient conditions for conducting commercial activities.
The National Bank of Kyrgyzstan has presented the updated exchange rates of foreign currencies against the som as of February 24 of the current year. According to the information provided by the regulator:
OAO "Chakan HPP" announced the signing of a contract with China National Heavy Machinery Corporation (CHMC), which will act as the general contractor for the reconstruction of the Lebedinovskaya HPP. This information was announced by the press service of the joint-stock company. It is noted that the contractor has already begun work on the design and estimate documentation.
The Cabinet of Ministers of Kyrgyzstan has decided to impose a six-month ban on the export of used catalysts and waste containing precious metals. This measure is aimed at combating the illegal export of valuable resources and preserving strategic reserves within the country. According to the new decree, the export of the following materials will be prohibited for the next six months:
The Cabinet of Ministers of Kyrgyzstan has decided to impose a temporary ban on the export of mineral fertilizers outside the countries of the Eurasian Economic Union. This restriction will come into effect in five days and will remain in force for six months. The ban covers all types of mineral fertilizers, except for those that were previously imported from third countries and found to be non-compliant with quality standards. Exceptions are also provided for humanitarian supplies organized by
The State Service for Land and Water Supervision of the Kyrgyz Republic draws citizens' attention to the increase in cases of fraud in the field of land relations. There are situations where buyers, relying on verbal guarantees about the possibility of construction on the purchased plots, face an unpleasant reality.
Changes to the rules for electricity usage, which have been in effect since 2012, have been adopted by the Cabinet of Ministers. The main goal of these changes is to adapt legislation to new conditions in the field of renewable energy sources and microgeneration, as well as to enhance the security of the energy system. One of the most significant innovations has been the introduction of a ban on the use of autonomous power sources if their connection does not eliminate the possibility of