Development of Togolok. "Kumtor" plans to extract over 16 tons of gold and create 600 jobs
Economy / Exclusive

Development of Togolok. "Kumtor" plans to extract over 16 tons of gold and create 600 jobs

On August 8, 2023, the company "Kumtor Operating Company" received a license for the development of the Togolok deposit. Following this, with the financial support of CJSC "Kumtor Gold Company," active geological studies were resumed to confirm the reserves. During the geological work, drilling operations were conducted at 40 sites of the deposit, with a total length of 9.5 kilometers. Approximately 11,000 samples were collected, including 608 trench samples weighing 8 tons

20.02.2026, 17:36
Meat Market. Why is it still difficult to bypass distributors in the Kyrgyz Republic and is there a solution? – Experts' response
Economy / Exclusive

Meat Market. Why is it still difficult to bypass distributors in the Kyrgyz Republic and is there a solution? – Experts' response

The question of the possibility of direct sales by livestock breeders without the involvement of intermediaries became a topic of discussion within the framework of the program "Elden Sobol," organized by the news agency "Kabar." During the broadcast, Ulan Chekirbaev, head of the food security department of the Ministry of Agriculture of the Kyrgyz Republic, and independent expert Tynchtyk Altymychev shared their thoughts on this matter. As Ulan Chekirbaev noted,

20.02.2026, 17:26
Economy

Development of the Togolok Deposit: $2.3 Billion in Revenue and 600 Jobs

According to information from CJSC "Kumtor Operating Company," the total revenue from the development of the Togolok deposit could reach between $2 billion and $2.3 billion, while the net profit is expected to be around $600-700 million. The company forecasts that capital investments in the project will amount to between $170 million and $200 million.

20.02.2026, 17:18
Why Neighboring Markets Choose Kyrgyz Meat, as Explained by the Ministry of Agriculture
Economy / Exclusive

Why Neighboring Markets Choose Kyrgyz Meat, as Explained by the Ministry of Agriculture

In Kyrgyzstan, it has not only been possible to fully satisfy the domestic demand for beef and lamb, but there is also a prospect of achieving a sustainable surplus. This was reported by Uran Chekirbaev, head of the food security department of the Ministry of Agriculture of the Kyrgyz Republic, during the program "Elden Sobol" on the news agency "Kabar". He emphasized that the main competitive advantage of meat from Kyrgyzstan is its ecological purity.

20.02.2026, 16:43
Will the price of meat change – forecast from the Ministry of Agriculture's Food Safety Department
Economy / Exclusive

Will the price of meat change – forecast from the Ministry of Agriculture's Food Safety Department

In the next four to five years, the price level for meat in Kyrgyzstan is expected to remain high. This was reported by Uran Chekirbaev, head of the food security department of the Ministry of Agriculture, during a broadcast of the program "Elden Sobol" on the news agency "Kabar". He noted that the ministry is making efforts to prevent a sharp rise in prices for meat products by conducting constant monitoring and analysis of the cost of key food items. "Among the

20.02.2026, 16:33
The specialist named the reasons for the rise in meat prices in Kyrgyzstan
Economy / Exclusive

The specialist named the reasons for the rise in meat prices in Kyrgyzstan

According to Uraan Chekirbaev, who heads the food security department at the Ministry of Agriculture of the Kyrgyz Republic, several factors have contributed to the increase in meat prices. In an interview as part of the "Elden Sobol" program, he noted that the main factor is the deterioration of climatic conditions, which leads to the degradation of pastures near populated areas. Chekirbaev explained that climate change, particularly drought conditions, has negatively affected

20.02.2026, 16:26
Economy

Permission to export worn U.S. dollars from Kyrgyzstan has been extended

The National Bank of the Kyrgyz Republic has updated its rules and extended the temporary permit for the export of worn-out US dollars, allowing commercial banks to continue this practice until September 1, 2026. Previously, the permit was valid until March 1, 2026. After completing operations for the export of worn-out dollars, banks are required to submit a report on the conducted operations to the National Bank within two working days.

20.02.2026, 16:19
Three Years Without Building Management Expenses: The Strategic Advantage of Royal Central Park
Economy

Three Years Without Building Management Expenses: The Strategic Advantage of Royal Central Park

How the absence of management fees affects owners and tenants Against the backdrop of high interest rates, the main risk for those investing in real estate is not a slowdown in market growth, but the premature emergence of capital costs in the investment cycle. In situations where cash flow is depleted in the early years, the internal rate of return (IRR) becomes "compressed" before the asset has a chance to demonstrate its true value. This highlights the difference between

20.02.2026, 16:14
In Osh, a way has been found to stop the rise in meat prices
Economy

In Osh, a way has been found to stop the rise in meat prices

A working meeting on this issue was held at the mayor's office At a recent meeting in the Osh mayor's office, owners of large hypermarkets and retail chains agreed to temporarily exempt meat sellers from rent payments. This measure is aimed at curbing the rise in prices for essential food products. According to information from the Antimonopoly Regulation Service, this initiative will help reduce costs for businesses and allow prices for beef and lamb to remain within the limits set

20.02.2026, 15:47
Economy

In Bishkek, the capital budget project for 2026 was discussed. Key figures

Today, February 20, hearings were held at the "Tunguch" theater regarding the budget project for Bishkek for the year 2026. The event was attended by city residents, deputy mayors, members of the Bishkek City Council, as well as heads of various city services, as reported by the press service of the mayor's office. The First Deputy Mayor, Mirlanbek Baigonchokov, noted that over the past five years, the capital's budget has tripled.

20.02.2026, 15:36
Expert Suggested Ways to Stabilize Meat Prices in Kyrgyzstan
Economy / Exclusive

Expert Suggested Ways to Stabilize Meat Prices in Kyrgyzstan

An independent analyst, Tynchtyk Altymyshev, shared his ideas on stabilizing meat prices in Kyrgyzstan during the broadcast of the program "Elden Sobol" on the news agency "Kabar." He emphasized that simply demanding a reduction in prices is an incorrect approach that ignores the labor and costs of farmers. According to the expert, to achieve lower meat prices, it is necessary to consider the situation as a whole. It is important to take into account areas such as

20.02.2026, 15:11
The leadership of the state mobile operator "Megacom" has changed.
Economy

The leadership of the state mobile operator "Megacom" has changed.

Mederbek Kurmanbekov has been appointed as the General Director At "Megacom," the state mobile communications operator, there has been a change in leadership. Mederbek Kurmanbekov has become the General Director of JSC "Alpha Telecom" (brand MEGA). The change in leadership took place on February 18 at an extraordinary general meeting of shareholders, where the decision was made to appoint the new manager. photo www

20.02.2026, 14:33
Economy

In the Kyrgyz Republic, a geoinformation system for veterinary monitoring is being developed. Why is this important?

In Kyrgyzstan, the implementation of a project to create a unified geoinformation system for accounting and monitoring outbreaks of anthrax, known as the GIS "SUMO," has begun. This information was provided by the press service of the Ministry of Water Resources, Agriculture, and Processing Industry. The project is being handled by the State Enterprise "AgroSmart," which operates under the Ministry and aims to improve epizootic surveillance. This will allow for a more prompt

20.02.2026, 13:51
A transport control point will be established on the North-South highway
Economy / Exclusive

A transport control point will be established on the North-South highway

In the Jumgal district, in the village of Aral, the construction of a new northern transport control point on the North-South highway is planned. This decision was announced during a meeting of the Ministry of Transport and Communications. According to information from the ministry, this point will contribute to improving road safety, as well as monitoring compliance with weight and dimension standards for freight vehicles, which will help prevent damage to the road surface.

20.02.2026, 13:48
Economy

The Ministry of Finance has updated the top management at the new state bank "Kylım Bank"

According to the information from the Kyrgyz Stock Exchange, the Ministry of Finance of the Kyrgyz Republic, which is the sole shareholder of OJSC "Kylum Bank," has updated the management of the new state bank, which has not yet commenced its operations. This decision was made on January 30. Almaz Beknazartegin and Zuur Baimanova have left the board of directors, and their places have been taken by Eldiyar Doolbekov and Artyk Alymbaev.

20.02.2026, 13:35
AgroDialogue – 2026. Processors Shared Technologies for Storage and Freezing of Products
Economy / Exclusive

AgroDialogue – 2026. Processors Shared Technologies for Storage and Freezing of Products

On the third day of the "AgroDialogue-2026" forum, organized by the Ministry of Water Resources, Agriculture, and Processing Industry, Minister Bakyt Torobaev held a meeting with representatives of the processing industry, among whom were companies that have achieved significant success. Processors shared their successes and emphasized the importance of storage and freezing technologies as key elements in the processing process.

20.02.2026, 13:34
The Cabinet prohibited the export of mineral fertilizers from Kyrgyzstan
Economy

The Cabinet prohibited the export of mineral fertilizers from Kyrgyzstan

The restriction is aimed at regulating the domestic market and ensuring agricultural producers The Cabinet of Ministers has decided to impose a temporary ban on the export of mineral fertilizers outside the Eurasian Economic Union (EAEU). This became known from a statement by the government apparatus. This ban will be in effect for six months, according to resolution No. 11, dated February 18, 2026. Exceptions are made for customs transit and humanitarian aid provided by the government.

20.02.2026, 13:33
Economy

Not just negotiations with "RusHydro". How else Alexey Shirshov is helping the Kyrgyz government

According to information provided by the First Deputy Chairman of the Cabinet of Ministers, Daniyar Amangeldiev, in an interview with Kaktus.media, Alexey Shirshov, who previously headed OJSC "TNK 'Dastan'," is actively involved in the affairs of the Cabinet of Ministers. His work is not limited to negotiations with Russia regarding the construction of the Upper Naryn Cascade of Hydroelectric Power Stations. Amangeldiev noted that cooperation with Shirshov began during the

20.02.2026, 13:14
Probation Clients Are Trained in In-Demand Professions
Economy

Probation Clients Are Trained in In-Demand Professions

The educational process includes various directions: culinary arts, plumbing, and hairdressing. Each course is assigned specialized classrooms, and classes are held according to a set schedule, allowing for the combination of theory with practical experience. This approach facilitates the assimilation of material and the consolidation of skills in practice.

20.02.2026, 11:54
Economy

The State Financial Supervision of Kyrgyzstan Revoked the Licenses of Four Pawnshops

The State Financial Supervision of Kyrgyzstan has decided to revoke the licenses of four pawnshops, including "Umut," "Altyn Garant," "Extra," and "Three Sevens KJ." It is important to note that in 2025, the licenses for the activities of 35 pawnshops were already suspended in the country. Additionally, the Financial Market Regulation and Supervision Service registered new securities issues for six companies. Among them are JSC "Vog" and OJSC

20.02.2026, 11:39
The GNS has implemented a new form of E-invoice for trading on marketplaces
Economy / Exclusive

The GNS has implemented a new form of E-invoice for trading on marketplaces

The State Tax Service has introduced a new form of electronic invoice (ESF) intended for use in the trade sector through marketplaces. According to the STS, this document must be issued before sending goods outside the Kyrgyz Republic and serves exclusively for the documentary accounting of exported goods that will be sold through electronic trading platforms. It is important to note that the issuance of this ESF form is not considered a sale of goods and does not entail tax obligations.

20.02.2026, 11:27
AgroDialogue – 2026. The third day of the forum is dedicated to processing and export
Economy / Exclusive

AgroDialogue – 2026. The third day of the forum is dedicated to processing and export

As part of the third day of the "AgroDialog-2026" forum, organized by the Ministry of Water Resources, Agriculture, and Processing Industry, a parade of champions was held, honoring those who have achieved outstanding results in the field of processing. Minister Bakyt Torobaev personally welcomed them. Experts in processing and export discussed relevant issues such as: "Processing as the basis for high added value," "Modern equipment and packaging materials in

20.02.2026, 10:49
Exchange rates in commercial banks of Kyrgyzstan on February 20
Economy

Exchange rates in commercial banks of Kyrgyzstan on February 20

The data is presented based on information from the websites of commercial banks. If you have any questions regarding the stated rates, it is recommended to contact the banks directly. At the time of publication, the information is current. Please note that cash exchange rates may change throughout the day.

20.02.2026, 10:40
Economy

The prospects of using AI in antitrust regulation were discussed at the EEC

At a conference organized by the Eurasian Economic Commission, the future application of artificial intelligence in antitrust regulation in the countries of the Eurasian Economic Union was discussed. According to the press service of the EEC, the main focus was on how AI can enhance the efficiency of entrepreneurs and become an important tool for antitrust control, which requires the development of joint approaches to its implementation.

20.02.2026, 10:39
Students and Farmers Presented a Joint Strategy at the "Agrodialog"
Economy

Students and Farmers Presented a Joint Strategy at the "Agrodialog"

The "Agrodialog" forum, which has become a symbol of open experience exchange among farmers, has shown its first results. According to participants, the main event of this year was the presentations by students from agricultural universities, who shared their ideas alongside experienced industry leaders, attracting significant attention. The forum, organized by the Ministry of Water Resources, Agriculture, and Processing Industry of the Kyrgyz Republic, has established itself as an

20.02.2026, 10:30
Economy

Certificate Blocking: How the New Russian Regulation Hit the EAEU Business

In order to combat gray imports and counterfeit certificates, Russian authorities continue to introduce new restrictions on the supply of goods into the country. This leads to companies from Kyrgyzstan, Kazakhstan, Armenia, and Belarus being at risk of being pushed out of the certification market. The most affected are the certification bodies from Kyrgyzstan. The association of these bodies has appealed to the government of Kyrgyzstan and the Eurasian Economic Commission for assistance in

20.02.2026, 10:28
Economy

The First Deputy Prime Minister explained Alexey Shirshov's participation in meetings with "RusHydro"

First Deputy Chairman of the Cabinet of Ministers Danyar Amangeldiev commented that "the participation of Alexey Shirshov in working meetings with the Minister of Energy of Russia Sergey Tsivilev and representatives of 'RusHydro' is solely based on the pragmatic interests of the state and the necessity for professional support in the complex negotiation process," he said in an interview with Kaktus.media. Recently, a meeting took place in Moscow, which, in addition to Sergey

20.02.2026, 10:05
Economy

The deadline for the export of worn-out dollars by commercial banks has been extended in Kyrgyzstan

The National Bank of Kyrgyzstan has updated the resolution adopted by the board on December 13, 2024, regarding the temporary permit for banks to export worn-out dollars in cash. According to the new decision, the validity period of this permit has been extended: it will now be in effect until September 1, 2026, instead of the originally set March 1, 2026. Thus, commercial banks in the country will be able to continue exporting worn-out dollars for another six months.

20.02.2026, 09:55
In Naryn, the conservation of water resources was discussed
Economy

In Naryn, the conservation of water resources was discussed

Another meeting of the Basin Council took place in Naryn, where key participants included experts and government officials. The focus was on the water resource management strategy, as well as the basin principle outlined in the Water Code of the Kyrgyz Republic. This approach suggests that a river should be viewed as a single ecosystem organism, regardless of administrative boundaries.

20.02.2026, 09:38
AgroDialogue – 2026. The Role of Youth in the Development of Agribusiness is Significant - Expert
Economy / Exclusive

AgroDialogue – 2026. The Role of Youth in the Development of Agribusiness is Significant - Expert

At the forum "AgroDialog-2026," taking place in Bishkek, agricultural expert Manas Samatov noted that students of the Agrarian University are actively using new scientific materials in the Kyrgyz language. They are eager to implement scientific approaches in agribusiness and agricultural production. Samatov proposed organizing similar events in each region in the spring in the format of a "Field Day," and in the autumn to hold a "Harvest Day."

20.02.2026, 09:38
In the Kyrgyz Republic, 17 thousand farmers will receive support under a new agricultural project
Economy / Exclusive

In the Kyrgyz Republic, 17 thousand farmers will receive support under a new agricultural project

The Ministry of Water Resources, Agriculture, and Processing Industry, in collaboration with the United Nations World Food Programme, has announced the launch of a new project aimed at creating a climate-resilient agricultural value chain. According to information from the Ministry of Agriculture, the project is being implemented with financial assistance from the Government of Japan. The signing of the agreement took place at the Kyrgyz National Agrarian University during the

20.02.2026, 09:21
The Ruble and Tenge Appreciate and Set Annual Records. Currency Exchange Rates as of February 20
Economy

The Ruble and Tenge Appreciate and Set Annual Records. Currency Exchange Rates as of February 20

Photo from the internet. The Russian ruble and the Kazakh tenge have slightly slowed their growth, but the strengthening continues As of February 20, the official exchange rates of the Russian ruble and the Kazakh tenge have recorded growth, reaching their annual highs. At the same time, the euro is showing a decline, while the US dollar and the Chinese yuan have remained at previous levels. This data is provided by the National Bank of Kyrgyzstan and exchange points in Bishkek. US Dollar

20.02.2026, 09:08
Economy

Japan will finance a project to support farmers in Kyrgyzstan for $4.5 million

At the Kyrgyz National Agrarian University, a signing ceremony took place, during which a new project was launched, implemented by the Ministry of Water Resources, Agriculture, and Processing Industry of Kyrgyzstan in collaboration with the United Nations World Food Programme. This was reported by the press service of the Ministry of Water Resources and Agriculture. The project, aimed at developing climate-resilient agricultural value chains, will be implemented with the support of the Japanese

20.02.2026, 08:52
Economy

The First Deputy Head of the Cabinet Discussed Measures for Price Stabilization

At the meeting of the state administration of the Chui region, dedicated to the results of 2025, the First Deputy Chairman of the Cabinet of Ministers Daniyar Amangeldiev shared measures aimed at stabilizing prices and improving interaction between government bodies and markets. “It is necessary to establish effective cooperation between local authorities and the antimonopoly service in the markets,” he emphasized.

20.02.2026, 08:39
Economy

Officials of the Chui Region criticized for delaying project implementation

Daniyar Amangeldiev, the First Deputy Prime Minister, expressed dissatisfaction with the slow progress of the irrigation project funded by the European Bank for Reconstruction and Development. At a meeting of the regional government dedicated to the results of 2025, he stated: “You have been dragging this out for five years, and the project is still not completed. This is absolutely unacceptable.” He also noted that the irrigation issue remains one of the most serious problems.

20.02.2026, 07:57
Economy

What Will Continue to Rise in Price? How the Economy of Kyrgyzstan Developed in January

According to preliminary data, the gross domestic product of Kyrgyzstan in January 2026 amounted to 125.7 billion soms, which is 9% higher compared to the same period in 2025. Economic indicators continue to grow confidently. Price Growth for GoodsPrices for food products and non-alcoholic beverages increased by 1%, while alcoholic beverages and tobacco rose by 0.8%. Non-food goods became 0.5% more expensive, and services for the population increased by 0.7%.

19.02.2026, 18:52