Economy
Exchange Rate at the Moscow City Council on February 10: The Ruble Has Started to Decrease Again
The morning exchange rates at the exchange offices on Moskovsky Soviet on February 10 are presented below:
10.02.2026, 08:24
Economy
Kyrgyzstan Implemented the e-Permit System with China and Turkic-speaking Countries
The system promises to increase budget revenues by more than 500 million soms. Starting from January 2026, the Ministry of Transport and Communications of Kyrgyzstan officially launched the electronic platform e-Permit, designed to simplify international freight transportation, primarily with China. As part of this initiative, Kyrgyz carriers will also begin using electronic permits to operate with countries such as Uzbekistan, Azerbaijan, and Turkey, as reported by the ministry's press
09.02.2026, 21:47
Economy
The Tax Service has abandoned excessive checks and pressure on businesses — Shykmamatov
The Chairman of the State Tax Service, Alambet Shykmatov, shared new approaches in tax administration. Alambet Shykmatov, who heads the State Tax Service, announced significant changes that will affect the tax administration system in 2025. This information was provided by the press service of the State Tax Service. The head of the tax agency noted that the service has intentionally abandoned the practice of excessive checks and pressure on entrepreneurs. "Fear has never been a reliable
09.02.2026, 20:18
Economy
Europe fears dependence on US payment systems and is seeking alternatives
In light of growing concerns about dependence on payment systems Visa and Mastercard, European Union officials are calling for urgent measures to reduce this influence. They believe that the dominance of these companies could be used as a tool for pressure amid deteriorating relations with the United States, as reported by the Financial Times. Martin Weimert, the CEO of the European Payment Initiative (EPI), noted that the continent still heavily relies on international payment systems.
09.02.2026, 18:38
Economy / Exclusive
Kyrgyzstan presented initiatives for green development and digitalization in Paris
The Eurasia Week, organized with the support of the Organisation for Economic Co-operation and Development (OECD) in 2026, took place in Paris, gathering representatives from Eurasian countries and OECD members. According to the Ministry of Economy and Commerce of Kyrgyzstan, Deputy Minister Mederbek Tumanov participated in plenary sessions discussing critically important mineral resources for sustainable growth, the development of the Trans-Caspian transport corridor, and improving regional
09.02.2026, 17:40
Economy
Karakol will receive more than 1.5 billion soms. For what?
Over 1.5 billion soms will be allocated to Karakol from the state budget. At the meeting of the committee of the Jogorku Kenesh on finance, budget, entrepreneurship, and competition development, held on February 9, Deputy Minister of Finance Nurbek Akzholov announced the government's directives.
09.02.2026, 17:37
Economy
Repair of parks, purchase of buses. Karakol will receive more than 1.5 billion soms.
The Deputy Minister of Finance, Nurbek Akzholov, announced the allocation of significant funds for the city administration of Karakol at a meeting of the ЖК committee dedicated to finance, budget, and entrepreneurship. The total amount will exceed 1.5 billion soms, which will be used for the reconstruction of parks, a museum, and the modernization of factories. As part of the first directive presented to the deputies, the city administration of Karakol will receive 679 million 600 thousand
09.02.2026, 17:13
Economy
The deputy proposed charging neighboring countries for the maintenance of reservoirs
[img]""[/img] The deputy noted that almost 80% of the water from reservoirs and hydropower plants goes to Kazakhstan and Uzbekistan During a meeting of the relevant committee of the Jogorku Kenesh, deputy Umbetaly Kydyraiev expressed the opinion that a significant portion of the resources coming from Kyrgyz hydropower plants and reservoirs is used by neighboring countries, leading to economic losses for Kyrgyzstan that are not compensated. “According to the data I have
09.02.2026, 17:02
Economy
Akmatov: Salaries of the auditors of the Accounts Chamber will increase by 100%
At the meeting of the Committee of the Jogorku Kenesh on Finance, Budget, Entrepreneurship, and Competition Development on February 9, a draft law was presented that proposes to reduce the number of auditors from nine to three. This proposal was voiced by Almaz Akmatov. According to him, this measure is aimed at optimizing the work of the agency.
09.02.2026, 16:25
Economy
Kyrgyzstan has implemented an electronic permit system for cargo transportation with China
Since the beginning of 2026, Kyrgyzstan has started using the electronic system e-Permit for issuing permits for international road freight transport, including routes with China. This information was announced by the Ministry of Transport and Communications. According to official data, local carriers are already conducting freight transport not only with China but also with Uzbekistan, Turkey, and Azerbaijan, using the new electronic permits.
09.02.2026, 16:15
Economy
Roads, Schools, and More. How Much Did the KR Authorities Spend on Infrastructure in 2025?
According to the report from the Ministry of Finance, in 2025, Kyrgyzstan allocated significant funds for capital construction, amounting to 51 billion 907.1 soms. As part of these investments, 467.3 km of roads and bridges were built, 86 schools with gymnasiums, 63 strategically important facilities and structures for law enforcement agencies, as well as 30 kindergartens with 2305 places and 18 sports complexes and cultural institutions.
09.02.2026, 16:08
Economy
How many Kyrgyz citizens have imposed a self-ban on borrowing?
Starting from November 1, 2025, residents of Kyrgyzstan have been given the opportunity to impose a self-ban on borrowing, as reported by the National Bank. According to information provided by the regulator, from the introduction of this feature until February 6, 2026, 173,904 people activated the self-ban on obtaining loans through the "Tunduk" mobile application.
09.02.2026, 16:03
Economy
What does Kyrgyzstan mainly export to the EAEU countries? Expert's response
In the 11 months of 2025, the trade volume of Kyrgyzstan with the EAEU reached approximately $4.9 billion, which is 1.3% higher than the figures for the same period last year. This was reported by Perizat Turdukhojeva, a representative of the Ministry of Economy, during a broadcast of the "Birinchi Radio" program. According to Turdukhojeva, among the main exported goods from Kyrgyzstan to the EAEU countries are dairy products, various vegetables and fruits, dried fruits, as well as
09.02.2026, 15:51
Economy / Exclusive
The Ministry of Agriculture reported on raw milk prices in Kyrgyzstan
The Deputy Minister of Water Resources, Agriculture, and Food Industry, Zhanibek Kerimaliev, reported that the purchase price of raw milk in Kyrgyzstan depends on the time of year. According to his information, from September 15 to March 15, dairy processing enterprises set prices in the range of 32 to 48 soms per liter. “In summer, the minimum purchase price is 32 soms, while in winter it can reach 48 soms. The services of milk collectors cost about 5 soms per liter,” he added. Kerimaliev
09.02.2026, 15:12
Economy / Exclusive
The Housing Committee approved amendments to the code on non-tax revenues
At the meeting of the committee of the Jogorku Kenesh, which deals with finance, budget, entrepreneurship, and competition development, amendments to the bill "On Non-Tax Revenues in the Kyrgyz Republic" were approved in the second reading. Deputy Minister of Finance Nurbek Akzholov noted that the purpose of this bill is to create alternative methods for repaying state loans.
09.02.2026, 14:59
Economy
Online enrollment in state driving schools has started in Kyrgyzstan
In Kyrgyzstan, a new phase has begun — now potential drivers can enroll in state driving schools online by using the special platform avtomektep.srs.kg. According to the Presidential Administration, the entire application process is now conducted exclusively in electronic format. All that is required is to fill out a form on the website, indicating your region and the desired category of driver's license.
09.02.2026, 14:57
Economy
The net profit of insurance organizations in Kyrgyzstan in 2025 has been announced
As of the end of 2025, the net profit of insurance organizations in Kyrgyzstan amounted to 1.22 billion soms, according to data provided by the Financial Market Regulation and Supervision Service. At the end of 2025, there were 19 insurance (reinsurance) companies operating in the country, of which 14 had 100% Kyrgyz capital, while five had foreign investments. Representatives of the service noted that the increase in the share of companies with Kyrgyz capital (74% of the total) indicates the
09.02.2026, 14:52
Economy
How much have apartments in Osh increased in price over the year
According to data collected by the State Agency for Land Resources, Cadastre, Geodesy, and Cartography under the government, the cost per square meter in Osh apartments increased by 12,614 soms from January 2025 to January 2026, which is 17%. At the beginning of 2025, the price of one square meter was 73,889 soms, and currently, it has reached 86,503 soms. It is important to note that the prices for apartments listed on various real estate sale websites may significantly differ from the actual
09.02.2026, 14:42
Economy
Kyrgyzstan and Mongolia intend to strengthen investment cooperation
Recently, a meeting took place between the head of the National Investment Agency under the President, Ravshanbek Sabirov, and Sodnom Ganhuuyag, the extraordinary and plenipotentiary ambassador of Mongolia to Kyrgyzstan. The parties discussed important aspects of expanding cooperation in the field of trade and investment.
09.02.2026, 14:41
Economy
Farmers threaten to turn to Zhapаров and Tashиев if the government does not meet their demands
At the meeting of the Committee of the Jogorku Kenesh on Finance, Budget, Entrepreneurship, and Competition Development held on February 9, Aigul Nurumbetova reported on the demands of farmers. They insist that the purchase price for milk remains at no less than 45 soms, regardless of the season. First Deputy Minister of Water Resources, Agriculture, and Processing Industry Zhanibek Kerimaliev noted that farmers receive about 28-42 soms for milk with a fat content of at least 3.4%. Collectors,
09.02.2026, 14:39
Economy
Are the USA Interested in Kyrgyzstan's Critical Minerals? Results of the "B5+1" Forum
In Bishkek, on February 4 and 5, the second business forum "B5+1" took place, gathering representatives of the government and delegations from the USA and Central Asia. Forum participants identified directions for further cooperation. A New Model of CooperationAccording to the statement by Donald Trump's special envoy for South and Central Asia, Sergio Gor, the USA plans to strengthen its economic presence in Central Asia in the coming years. The region has once again become a
09.02.2026, 14:37
Economy / Exclusive
Torobaev: The Livestock Market in Tokmok Was Closed for Violating Sanitary Regulations
During a meeting of the Agrarian Policy Committee of the Jogorku Kenesh, deputy Erkayim Seitkazieva expressed concern from the residents of the Issyk-Ata district, who are demanding the reopening of the livestock market, as the nearest one is located in Kemin. In response, Minister of Water Resources, Agriculture, and Food Industry Bakyt Torobaev stated that the establishment of a livestock market is the responsibility of local self-government bodies.
09.02.2026, 14:28
Economy / Exclusive
Residents of Naryn Region Request Construction of a Leather Processing Plant - Deputy
Residents of the Naryn region have initiated the creation of a plant for leather processing. This was reported at a meeting of the Agricultural Policy Committee of the Jogorku Kenesh by deputy Zhyldyz Taalaibek kyzy. She noted that a significant portion of the local population is engaged in livestock farming, and farmers face the problem of disposing of hides. In most cases, they choose between throwing them away or burning them. Minister of Water Resources, Agriculture, and Food Industry
09.02.2026, 14:02
Economy / Exclusive
Former Deputy Head of the Government Apparatus Returned the Production Base to the State in Bishkek
The production base, which includes workshops, warehouses, and a land plot with a total area of 0.64 hectares, has been returned to the state. This is confirmed by a statement from the press service of the State Committee for National Security (GKNB). Since 2010, municipal activities have gradually been winding down, and the property has been used for commercial purposes. Control over the enterprise ended up in the hands of D. B., who at that time held the position of deputy head of the
09.02.2026, 13:38
Economy
Will the cryptocurrency market bring a quadrillion dollars to Kyrgyzstan?
Experts report that over the past year, the total trading volume amounted to 1.78 trillion soms, while tax revenues reached 2 billion soms. According to information from the publication "Nomad," the volume of the cryptocurrency market in Kyrgyzstan is expected to reach 1.78 trillion soms by 2025. Cryptocurrency specialist Asylbek Aitmatov also noted that "there will be a quadrillion money ahead," emphasizing the growing popularity of digital currencies in the country.
09.02.2026, 12:50
Economy / Exclusive
In 2026, 41 billion soms will be allocated to agriculture from the budget - Torobaev
At a meeting of the Jogorku Kenesh Committee on Agricultural Policy, Water Resources, Ecology, and Environmental Protection, the Minister of Water Resources, Agriculture, and Food Industry Bakyt Torobaev announced that in 2026, 41 billion soms will be allocated from the state budget to support and develop agriculture. According to him, a significant portion of these funds will be directed towards capital investments. In particular, 10 billion soms will go towards irrigation development, and 3
09.02.2026, 12:26
Economy
In Talas, strategic facilities were returned to state ownership
The press service of the State Committee for National Security (GKNB) reported that in Talas, water intakes related to strategically important facilities of category B have been returned to state ownership. According to information from the agency, in 2003, S. T. D., who heads the public association "Toboi," in collusion with officials from the Talas branch of the State Enterprise "Cadastre" and the State Enterprise "Talas Main Water Management," carried out the
09.02.2026, 12:20
Economy / Exclusive
Torobaev: Last year a record harvest of vegetables was gathered
At a meeting of the committee of the Jogorku Kenesh, which deals with agricultural policy, ecology, and water resources, the Minister of Water Resources, Agriculture, and Food Industry Bakyt Torobaev presented a report on preparations for spring fieldwork. According to him, 15 protocols have been signed with China regarding export directions, and the creation of three new ones is also planned. In addition, 17 types of products are being exported without the presence of protocols.
09.02.2026, 12:14
Economy
In Kyrgyzstan, the time to obtain permits for transportation to China has been reduced by 144 times
In 2025, a program called "Government Accelerators" was launched in Kyrgyzstan, which initiated 12 reforms to address critical socio-economic issues. All projects successfully achieved their goals, as reported by the president's press service. Digitization of the transportation process to China One of the main reforms was the simplification of the process for obtaining permits for road transportation to China. Previously, carriers spent up to 24 hours obtaining a paper form due
09.02.2026, 12:10
Economy
An Industrial Park Will Be Established on the Territory of the Mailuu-Suu Plant
Investors will be offered favorable conditions An industrial park is planned to be created based on the Mailuu-Suu Electric Lamp Plant. This decision was made in accordance with the president's decree, which provides for the provision of eased conditions for investors. The Minister of Water Resources, Agriculture, and Processing Industry, Bakyt Torobaev, shared this information at a meeting of the Jogorku Kenesh committee dedicated to agricultural policy, water resources, and environmental
09.02.2026, 12:09
Economy
In the Batken Region, mandarins, oranges, and lemons are successfully grown
It is expected that by 2025, the harvest of tropical fruits will exceed seven thousand tons. In the Batken region, the implementation of new agronomic technologies related to the cultivation of citrus fruits has begun. Specialists from the Kadamjai and Batken districts are actively engaged in the breeding of mandarin, lemon, and orange seedlings. According to experts, successful experiments have allowed for the adaptation of tropical fruits to local conditions. If in 2023 the area under citrus
09.02.2026, 11:52
Economy / Exclusive
The Ministry of Agriculture reported on the cost of fertilizers for the spring planting.
At a meeting of the Committee of the Jogorku Kenesh on agricultural policy, water resources, subsoil use, ecology, and environmental protection, the Minister of Water Resources, Agriculture, and Food Industry Bakyt Torobaev reported that for the successful conduct of spring fieldwork in the country, 182 thousand tons of fertilizers are needed. Currently, 22 thousand tons have been supplied, which is approximately 30% of the total required volume. Fertilizer supplies are being handled by 8
09.02.2026, 11:42
Economy
Field inspections by the central office of the State Tax Service have been abolished
The State Tax Service has initiated a large-scale reform in the field of tax administration, within which a decision has been made to abandon excessive business inspections. This was announced by the head of the State Tax Service, Almambet Shykmamatov, at a board meeting summarizing the agency's work.
09.02.2026, 11:40
Economy / Exclusive
The Ministry of Agriculture reported sufficient supply of fuel for the spring planting.
During the meeting of the committee of the Jogorku Kenesh, which deals with agricultural policy, ecology, and subsoil use, the Minister of Water Resources, Agriculture, and Food Industry Bakyt Torobaev shared information about the readiness for the upcoming spring fieldwork. He noted that the reserves of fuel and lubricants amount to 40.4 thousand tons of diesel fuel and 9.7 thousand tons of gasoline. These types of fuel are available in sufficient quantities at gas stations.
09.02.2026, 11:38
Economy / Exclusive
Over 7 thousand tons of tropical fruits collected in Batken region in 2025 - Ministry of Agriculture
In the Kadamjay district of the Batken region, citrus fruits are successfully cultivated thanks to the implementation of modern phytotechnologies. This was reported by the Minister of Water Resources, Agriculture, and Food Industry Bakyt Torobaev at a meeting of the Jogorku Kenesh committee dedicated to agricultural policy and environmental protection. According to the minister, various varieties of citrus fruits are grown in the region, including mandarins, oranges, lemons, and kumquats.
09.02.2026, 11:28
Economy
Investors from China proposed to build a tech park in Kyrgyzstan
The production of household appliances is planned at the new enterprise Chinese investors have presented an initiative to build a technopark for the production of electrical appliances in Kyrgyzstan, as reported by the government. During a meeting with the delegation of the company "Minshan," the details of the project aimed at creating a low-carbon technological industrial park focused on manufacturing, including household appliances, were discussed. Representatives of the Kyrgyz
09.02.2026, 11:17
Economy / Exclusive
Torobaev: In 2026, drip irrigation will be implemented on 21,000 hectares
At a meeting of the committee of the Jogorku Kenesh dedicated to agricultural policy and ecology, the Minister of Water Resources, Agriculture, and Food Industry, Bakyt Torobaev, presented a report on preparations for the spring fieldwork. He noted that in 2026, the commissioning of 893 new wells is planned. The minister also reported that the ministry has prepared 203 units of agricultural machinery, while local authorities have ensured the readiness of about 1,000 more units.
09.02.2026, 11:15
Economy
Head of the State Tax Service on Inspections: Fear has never been and will never be a stable source of budget revenue
At the meeting of the board held on February 6, Shykmamatov emphasized that a key aspect of the reforms was a radical change in tax administration. He noted that the State Tax Service made a conscious choice to abandon unnecessary inspections and pressure on entrepreneurs, as fear cannot serve as a stable source of budget revenues. The head of the State Tax Service also reported that in 2025, the possibility of conducting field audits by the central office was completely abolished, which
09.02.2026, 11:13
Economy
Exchange rates in commercial banks on February 9
The National Bank of Kyrgyzstan published the current exchange rates for foreign currencies as of February 9: The dollar rate in commercial banks has remained virtually unchanged, while the euro has significantly strengthened, and the Russian ruble continues to lose its position.
09.02.2026, 11:13
Economy / Exclusive
In Kyrgyzstan, they will address the shortage of vegetable oil by introducing new varieties
In the Naryn region, specifically in the Ak-Tal district, the processing of safflower oil has begun. At a meeting of the Jogorku Kenesh Committee on Agricultural Policy, Water Resources, Environmental Protection, and Subsoil Use, the Minister of Water Resources, Agriculture, and Food Industry Bakyt Torobaev shared this news. He noted that the Ershovsky variety was planted in this area on rain-fed lands.
09.02.2026, 10:58
Economy
Global food prices continue to decline
In January 2026, a decline in the global food price index was recorded. This decrease has been ongoing for five consecutive months, as reported by the Food and Agriculture Organization of the United Nations (FAO). According to FAO information, the main factors behind the price drop were the decline in prices for dairy products, sugar, and meat.
09.02.2026, 10:42
Economy
Kyrgyzstan joined the agreement to strengthen transport links in Central Asia
An important decision to join the Agreement on Strengthening Ground Transport Connectivity in Central Asia was made by the Cabinet of Ministers. The head of the government signed the corresponding resolution No. 58.
09.02.2026, 10:27
Economy / Exclusive
In Kyrgyzstan, water supply to farmers will be accounted for by meters
At a meeting of the Committee of the Jogorku Kenesh on agricultural policy, water resources, and ecology, the Minister of Water Resources, Agriculture, and Food Industry Bakyt Torobaev presented a report on the preparations for the spring fieldwork. He reported that currently, there are 498 reservoirs in the republic, which collectively hold 1 billion 757 million cubic meters of water. However, the actual accumulated volume is only 884 million cubic meters, which is 30-35% lower than in the
09.02.2026, 10:22
Economy
The KR intends to increase the freight turnover of railways to 15 million tons per year.
Kyrgyzstan sets an ambitious goal — to increase the freight turnover of railways to 15 million tons per year by 2030. This became known at the business forum "B5+1," where Urmat Takhirov, the director of the relevant center of the Ministry of Economy and Commerce, spoke. Takhirov noted that the National Economic Development Program includes clear parameters for increasing the capacity of railway transport.
09.02.2026, 10:15
Economy
Elon Musk: The USA Cannot Outpace China in High Technology Without Innovation
In a podcast on the YouTube channel of American blogger Dharkesh Patel, Elon Musk expressed the opinion that without significant innovations, the United States will not be able to compete with China in the field of high technology.
09.02.2026, 10:07
Economy
Uluk Kydyrbaev: The Economy of Central Asia Will Not Move Forward Without Cooperation
At the B5+1 forum, the most important aspects of economic cooperation between Central Asian countries were discussed. Uluk Kydyrbaev, Secretary of the Investment Council, noted in an interview with VB.KG that this is not just about trade, but about comprehensive interaction that can elevate the region to a new level.
09.02.2026, 09:51
Economy
The Guarantee Fund of the Kyrgyz Republic helped attract over 2.5 billion soms to women's business
Last year, women's entrepreneurship received significant support from the Guarantee Fund of Kyrgyzstan. This measure greatly increased women's access to bank loans and contributed to business expansion in the regions. According to data for 2025, women accounted for 40% of the total number of guarantees issued. Over the past 12 months, 658 guarantees were issued, with a total amount exceeding 586.2 million soms. This, in turn, led to the attraction of more than 2.5 billion soms in the
09.02.2026, 09:51
Economy
The tenge has reached another maximum, the ruble is falling. Currency exchange rates as of February 9.
Photo from the internet. The Kazakh tenge is currently demonstrating the most stable and rapid growth According to data from the National Bank of Kyrgyzstan and exchange points in Bishkek, the exchange rates of the Kazakh tenge and the Chinese yuan have increased, while the euro and the Russian ruble have shown a decline. The exchange rate of the US dollar remained unchanged. US Dollar:
09.02.2026, 09:50