Today, January 22, the National Bank of Kyrgyzstan announced the first intervention in the foreign exchange market in the new year 2026. The financial regulator published the relevant information. During the intervention, $134 million 50 thousand was executed with settlements on a date different from the date of the transaction itself.
According to information provided by the National Bank, the banking sector of Kyrgyzstan continues to demonstrate significant growth in key indicators. As of November 30, 2025, there are 21 commercial banks and 306 of their branches operating in the country.
Investment in the project will be made by a private investor, without the involvement of the state budget. As part of the implementation of the Kazarman cascade of hydroelectric power stations, the construction of three new facilities will begin in Kyrgyzstan. On August 2, 2025, an investment agreement was signed between the Cabinet of Ministers of the Kyrgyz Republic and the Open Joint-Stock Company "Central Asian Investment Holding." The project covers all stages — from design and
Today, January 22, three readings took place in the Jogorku Kenesh, during which a bill on public procurement was adopted. The initiator of this bill was the Chairman of the Cabinet of Ministers. Minister of Economy and Commerce Bakyt Sydykov presented information about the innovations. He noted that the changes are aimed at simplifying and optimizing the processes of public procurement. Within the framework of the bill, the concept of a state assignment is introduced, where budget funds are
According to the latest data, from January to September 2025, Turkey increased its investments in Kyrgyzstan by 95.5% compared to the same period in 2024. This information was obtained from the report of the National Statistical Committee. In the three quarters of 2025, the volume of direct foreign investments from Turkey into the economy of Kyrgyzstan amounted to $139.5 million.
A deputy has appealed to the Ministry of Finance to address issues related to supplies for educational institutions. At a recent meeting of the Jogorku Kenesh, Temirlan Aitiev expressed concern about the difficulties arising in the process of purchasing furniture, equipment, and other items for schools and kindergartens, which have resulted from transferring these powers to the Ministry of Finance. Since 2024, the Ministry of Finance has established a State Procurement Center, which has been
At a meeting of the Jogorku Kenesh, the deputies unanimously supported the draft law amending the Law of the Kyrgyz Republic "On Public Procurement," which was reviewed in three readings. Minister of Economy and Commerce Bakyt Sydykov emphasized that the goal of the new regulations is to optimize and simplify public procurement procedures. The document introduces the concept of a state assignment for the implementation of significant tasks defined by the state. Deputy Dastan Bekeshev
The State Tax Service of the Kyrgyz Republic has announced a temporary suspension of raids and control purchases aimed at checking compliance with tax legislation in the area of payment equipment usage. This concerns tools such as POS terminals, electronic wallets, and QR codes used in the operations of small and medium-sized businesses. This information was announced by the agency's press service. The suspension also affects mandatory requirements for the use of special bank accounts
As of November 30, 2025, the total state debt of Kyrgyzstan reached $8 billion 850.12 million. This data was announced by the Ministry of Finance. The domestic debt is primarily formed from loans on long-term securities, which amount to $3 billion 527.41 million, accounting for 99% of the total. Among the external debt, the most significant share belongs to the Export-Import Bank of China, with an amount of $1 billion 499.61 million, which constitutes 28.4%.
According to the Ministry of Economy's report, the volume of foreign economic turnover of the Kyrgyz Republic from January to November 2025 amounted to $14 billion, which is 12.2% less compared to the same period in 2024. Of this volume, exports accounted for 18.5%, while imports made up 81.5%. The ministry emphasizes that the decrease in foreign trade is related to a reduction in export supplies.
Photo from the internet. The World Bank's forecast indicates a slowdown in inflation in Kyrgyzstan to 6.5 percent in 2026. In 2025, Kyrgyzstan faced increased inflationary pressure, resulting in paid services rising by 11.2 percent. This increase contributed 1.9 percent to the overall inflation, which was 9.8 percent, according to information from the Ministry of Economy and Commerce. Among the most noticeable price changes are:
According to the latest data, from January to November 2025, Kyrgyzstan imported 127,140 passenger cars worth $992.7 million. This information was provided by the National Statistical Committee. The main supplying countries this year were South Korea (53,293 cars), China (45,673), the USA (9,139), Japan (4,459), and Russia (3,759).
The Cabinet of Ministers of the Kyrgyz Republic has approved new rules regarding the operation of budget loans. The signing of the relevant decree was carried out by the Chairman of the Cabinet of Ministers, Adylbek Kasymaliev. The main goal of this document is to provide state support through the mechanism of budget lending, which should contribute to sustainable economic growth, the development of various sectors of the economy, and the modernization of life-support infrastructure, communal
From January to December 2025, the trade volume between Kyrgyzstan and China reached $27 billion 198.9 million. These figures reflect the results of a study conducted by the General Administration of Customs of China. At the same time, China's exports amounted to $21 billion 974.5 million, while Kyrgyz exports totaled $5 billion 224.3 million. In particular, Kyrgyzstan exported non-monetary gold to China worth $4.9 billion, which, according to the GTS, is related to the re-export of gold
Photo by the Ministry of Water Resources, Agriculture, and Processing Industry. Harvesting in Kyrgyzstan According to the Ministry of Economy and Commerce, in 2025, the gross output of farmers in Kyrgyzstan amounted to 459.7 billion soms, which is 2.2 percent higher than in 2024, according to the National Statistical Committee. The main factor in this positive trend was the growth of livestock, which increased by 4 percent, while crop production showed only a slight increase of 0.2 percent.
The deputy expressed dissatisfaction with the provision allowing state companies to transfer up to 50% of work to subcontracting organizations. Dastan Bekeshev, a deputy of the Jogorku Kenesh, criticized one of the proposals in the draft law regarding changes to the Law on Public Procurement. He opposed the provision that allows state enterprises to transfer up to half of their work to subcontracting companies. According to Bekeshev, this initiative could contribute to increased corruption and
Starting from February 1, 2026, new rules will be introduced in Uzbekistan that completely prohibit the operation and re-registration of cars older than 50 years. This initiative was announced by the Ministry of Justice of the country, and old cars will be forcibly removed from the state register. Additionally, specialized license plates will be introduced for categories such as heavy machinery, quarry vehicles, legal taxis, and certified antiques. Car registration will become fully digital:
Blue Origin, founded by Jeff Bezos, has announced the launch of a new project to create the TeraWave satellite network. This became known through an official press release. As part of the program, it is planned to launch 5,408 satellites into orbit, which will be positioned in low and medium Earth orbit. Work is expected to begin in the fourth quarter of 2027.
In the latest report "Global 500 - 2026" by Brand Finance, Apple once again took the top spot, with its value increasing to an incredible $607.6 billion, up from $574.5 billion in 2025.
Bakyt Torobaev, Deputy Chairman of the Cabinet of Ministers and Minister of Water Resources, Agriculture and Processing Industry, held a meeting with farmers today. This was reported by the Ministry of Agriculture of Kyrgyzstan. Deputy ministers, farmers from various regions of the country, and representatives of the State Tax Service attended the meeting.
In 2025, the "National Electric Network of Kyrgyzstan" installed 279 new transformers and modernized 366 existing ones. Details on the installation and modernization of 10/0.4 kV transformers: 69 units in Bishkek; 95 units in Batken; 113 units in Jalal-Abad; 61 units in Issyk-Kul; 77 units in Naryn; 117 units in Osh; 36 units in Talas; 77 units in Chui region.
Photo from the internet According to a preliminary report from the United Nations Conference on Trade and Development (UNCTAD), global flows of foreign direct investment (FDI) increased by 14% in 2025, reaching $1.6 trillion. As reported by the UN News Service, this growth was made possible after two years of declining investment volumes; however, as the authors of the study note, behind the positive indicators lies an unstable situation.
In Bishkek, a jubilee event dedicated to the 75th anniversary of the trolleybus took place. Despite three threats of cancellation, the organizers successfully held the celebration, as reported by VB.KG. The event faced challenges, including venue cancellations and an unexpected power outage, but the roundtable discussion was conducted without any issues. Two days before the anniversary, Park Hotel notified of its cancellation, and within a day, B Hotel made a similar decision. A third location
In Kyrgyzstan, the launch of new coal-fired thermal power plants is being considered, with a total capacity of 1,050 megawatts. This information was announced during a meeting between Energy Minister Talaybek Ibraev and representatives of the consortium, which includes companies GPRC, NRP, and KCG, Konstantin Panovko and Alexander Ong. The press service of the Ministry of Energy reported that the minister suggested the consortium explore the possibility of constructing these power plants
In Gülchö, located in the Alaï district of the Osh region, public hearings are taking place regarding the approval of the city budget for 2026, as reported by the city administration. Since January 20, Mayor Nursultan Tajibaev has been holding meetings with residents of the city in various neighborhoods to gather their opinions and suggestions.
The National Bank of Kyrgyzstan has published the exchange rates for January 22: The dollar remains at 87.45 soms, while the euro has significantly dropped, and the ruble, on the contrary, continues to strengthen.
Banks have the right to block accounts, and violations may lead to penalties. The State Tax Service of the Kyrgyz Republic once again emphasizes to entrepreneurs that conducting payments for goods and services through personal electronic wallets and QR codes of individuals is strictly prohibited. For commercial activities, only specialized business accounts and wallets should be used. Representatives of the tax service explained that such personal wallets are intended solely for individual
Control purchases and raids will not be conducted until the end of 2026 The State Tax Service of Kyrgyzstan has decided to temporarily suspend raid inspections and control purchases concerning small and medium businesses, which will remain in effect until December 31, 2026. This decision was made to support entrepreneurs, reduce pressure on businesses, and create more favorable conditions for their operations. Thus, the tax authorities will not conduct inspections of small and medium
Information was collected from the official websites of commercial banks. If you have any questions regarding the provided data, it is recommended to contact the respective banks. Exchange rates are current as of the time of publication and apply to cash transactions. Please note that rates may change throughout the day.
According to the statements of the specialist, there is a significant increase in electricity consumption in Kyrgyzstan. Kundus Kyrbashova, head of the Energy Committee of the Chamber of Commerce and Industry, reported on "Birinchi Radio" that over the past ten years, the demand for electricity in the country has increased three to four times. Photo from the archive. Head of the Energy Committee of the Chamber of Commerce and Industry of the Kyrgyz Republic, Kundus Kyrbashova
According to the information from the press service of the State Tax Service, the state tax authority has suspended the implementation of raid control and test purchases concerning small and medium-sized businesses until the end of 2026. The agency explained that this decision was made to support entrepreneurs in the current economic situation, reduce administrative pressure on businesses, and create more comfortable conditions for their development.
In accordance with the new decision, the Tax Service of Kyrgyzstan has temporarily suspended raid tax control and test purchases for small and medium-sized enterprises until the end of the current year, that is, until December 31. This decision is aimed at supporting businesses in the context of a challenging economic situation, with the goal of reducing administrative burdens and creating more favorable conditions for entrepreneurship development.
Photo from the internet. The dollar, after a slight volatility, has stabilized again at the level observed in 2025 As of January 22 of this year, the official rates of the Kazakh tenge and the Russian ruble are showing growth, while the euro and the Chinese yuan are declining. The dollar remains stable. This data is provided by the National Bank of Kyrgyzstan and exchange points in Bishkek. US Dollar:
The National Bank has presented the official exchange rates for January 22, 2026. According to information from the regulator, the exchange rate of the US dollar remained unchanged, while the euro and the Chinese yuan slightly decreased in value. In contrast, the Russian ruble and the Kazakh tenge showed some growth. The exchange rate for 1 US dollar (USD) is 87.45 soms (no change);
On the morning of January 22, the exchange rates for foreign currencies at the Moscow City Council are presented as follows:
During a raid for tax control, the employees of the State Tax Service (STS) discovered the importation of prohibited tobacco products into the territory of the Kyrgyz Republic. The vehicle that crossed the border was stopped, and smokeless tobacco products (snus) were found in an amount of 190 packages.
In the eastern part of China, in Jiangsu province, the implementation of an ambitious engineering project has begun - the construction of the Xuwei nuclear power plant. According to the Global Times, this nuclear power plant will be the first of its kind, combining different types of reactors for the simultaneous generation of electricity and providing steam for a large petrochemical cluster. The ceremony for pouring the first concrete, which took place on January 16, marked the beginning of
According to statistics, in Kyrgyzstan, the volume of textile production increased by 9.6 percent in 2024. This information was collected based on the results of the previous year. In total, the production of textiles, clothing, footwear, and leather goods at current prices amounted to 25.12 billion soms.
According to the Customs Service of the Republic of Tajikistan, exports of goods to Kyrgyzstan increased 19 times. In 2024, this figure amounted to only $475 thousand, while in 2023 it reached $9 million. Kyrgyzstan, as the only country in the EAEU that shares a common border with Tajikistan, is demonstrating active growth in trade turnover. Experts attribute this to the signing of a peace agreement and the Declaration of Eternal Friendship, which, in their opinion, contributed to the growth of
The meeting between representatives of the "Juyhen Real Estate" company and the National Investment Agency took place in the Kyrgyz Republic. The agency's press service reported that as a result of this meeting, a memorandum of understanding and cooperation was signed, which will serve as the basis for further investment interaction. According to the agreements reached, the Chinese company expressed interest in investing funds for the implementation of a multifunctional complex
Photo of NAII Recently, a meeting was held at the National Agency for Investments, operating under the President of the Kyrgyz Republic, with a delegation from the Chinese company "Juyhen Real Estate." This was reported by the agency itself. As a result of the negotiations, a memorandum of understanding and cooperation was signed, aimed at developing investment interaction between the parties.
Photo from the internet. Competition between the Russian Federation and Ukraine for Chinese drone components Russia and Ukraine are actively competing for the same Chinese components for drones, which play a crucial role in the ongoing conflict. This is reported by the Financial Times. The founder of the Ukrainian company TAF Industries, Alexander Yakovenko, told the publication that Chinese suppliers are trying to organize schedules for Ukrainian and Russian clients in such a way as to
Today, January 21, an important meeting took place in Kyrgyzstan between representatives of the National Investment Agency, operating under the president of the country, and the Chinese company "Juyhen Real Estate." This was reported by the agency's press service.
Alimkulov Almaz Talaibekovich has been appointed as the Deputy Chairman of the Board of OJSC "Eldik Bank," succeeding Medet Tairov. This was reported by the Kyrgyz Stock Exchange. According to the KFB, Medet Maratovich Tairov will now work at the National Bank of the Kyrgyz Republic.
Since 2020, there has been a rise in cashless payments in Kyrgyzstan. According to the National Bank, during the 11 months of 2025, there were 454.8 million transactions amounting to 778.1 billion soms, which is 8.5 and 12.2 times more compared to the same period in 2024. We are used to having just a phone with a mobile banking app to make purchases. Payments via QR codes have become a common practice. However, this year the system has failed: small businesses have started demanding cash for
In 2025, China's export deliveries to Central Asian countries reached a record level of 71.2 billion US dollars, which is 11% more than the previous year. This was announced by the Chinese ambassador to Kyrgyzstan, Liu Jiangping, in his statement. He noted that particularly noticeable growth is observed in the field of machine engineering and high technologies. The products of the "new trio" continue to increase their share, and the environmental friendliness of export goods is
In the past year, the trade volume between China and Kyrgyzstan has set a new record, amounting to $27.2 billion. This was reported by the Ambassador of the People's Republic of China to the Kyrgyz Republic, Liu Jiangping, through the media. Liu Jiangping noted that the dynamics of trade and economic relations between the two countries continue to grow. Currently, Kyrgyzstan ranks second among China's trading partners in Central Asia, with the volume of bilateral trade accounting for
Global oil prices have begun to rise due to the weakening of the US dollar, as confirmed by trading data on the London ICE exchange. At the time of this report, the price of March futures for Brent crude oil increased by more than 0.5 percent, reaching $64.49 per barrel, with a maximum price of $64.52. During trading, the minimum price per barrel was recorded at $63.30. There is also an increase in prices for WTI crude oil contracts, which rose by more than 0.5 percent to $59.96 by March. The