Economy

The Head of the State Tax Service spoke about the transformation of tax administration

At the meeting of the Tax Service Board, Alambet Shykmamatov, its head, shared information about the process of reforming the tax sphere. According to him, significant changes are planned for 2025 aimed at reducing the tax burden and increasing tax benefits for key sectors of the economy. Priority areas will include agriculture, the IT sector, renewable energy, as well as the textile and jewelry industries, alongside important social initiatives, including support for sports.

06.02.2026, 14:50

Economy

As of January 1, 2026, the amount of tax debt reached 96 billion soms

According to information voiced by the head of the State Tax Service (STS), Almambet Shykmamatov, at a meeting, as of January 1, 2026, the amount of tax debt reached 96 billion soms. This figure significantly exceeds the indicators of the previous year. Almambet Shykmamatov noted that part of the increase in debt is related to the expansion of the tax base and the exit of the economy from the shadows.

06.02.2026, 14:38

Economy / Exclusive

A new bank has been licensed in Kyrgyzstan

The National Bank of the country has granted a license for banking operations to a new institution — the Closed Joint-Stock Company "Asman Bank." According to information provided by representatives of the National Bank, the decision to issue the license was made on February 4, 2026, at a meeting of the regulator's board. This document gives "Asman Bank" the right to conduct operations in both national and foreign currencies. The National Bank emphasized that the

06.02.2026, 14:33

Economy

In Kyrgyzstan, there are fewer markets and more shopping centers

According to data from the National Statistical Committee, by the end of the IV quarter of 2025, there were 315 markets and 95 shopping centers operating in the country. Compared to the first quarter of 2025, the number of markets decreased by 17, while the number of shopping centers increased by two.

06.02.2026, 14:33

Economy / Exclusive

In Batken, the irrigation canal is being expanded for 463 million soms.

In the Batken region, work has begun on the repair and modernization of the R-6 irrigation canal. This canal is 15.5 kilometers long, and its current capacity is 3.7 cubic meters per second. After all the work is completed, this value will increase to 4.8 cubic meters.

06.02.2026, 14:14

Economy

In 2025, taxes and insurance contributions amounted to 391.8 billion soms

In 2025, the total amount of collected taxes and insurance contributions amounted to 391.8 billion soms, which exceeded the revised forecast of 383.6 billion and constituted 102.1% of the planned figure. This data was announced at a meeting of the Tax Service, which was attended by the Chairman of the Cabinet of Ministers Adylbek Kasymaliev. The head of the State Tax Service (STS) Almambet Shykmamatov reported that compared to the previous year, revenues increased by almost 90 billion soms,

06.02.2026, 14:00

Economy / Exclusive

Syrgabaev named the main road projects of 2026 in Kyrgyzstan

The Minister of Transport and Communications Abdykarim Syrgabaev announced plans for the implementation of significant road projects in the country this year. One of the main initiatives will be the construction of the Barskoon – Bedel – Uch-Turfan road, which will become the third transport corridor connecting Kyrgyzstan with China. In addition, the minister emphasized the need to complete the Balykchy – Barskoon – Karakol road by August 31. This project will require about 8 billion soms.

06.02.2026, 13:47

Economy / Exclusive

The Head of the National Bank Explained the Reasons for the Accelerated Growth of Kyrgyzstan's Economy

In 2025, Kyrgyzstan's economy demonstrated an impressive growth rate of 11.1%, placing the country among the leaders in this indicator worldwide. This was reported by the chairman of the National Bank, Melis Turgunbaev, while analyzing the factors contributing to accelerated growth amid global instability. Turgunbaev noted that in previous years, the economy also showed strong growth rates: in 2023, the growth was 9%, and in 2024, according to updated data from the National Statistical

06.02.2026, 13:45

Economy

The Middle Corridor Under Threat: Gray Imports and Digital Dependency Stifle the Region

The tightening of sanctions against Russia's financial system and the active development of the Middle Corridor between China and Europe are creating a new reality for Central Asia. For the first time in many years, the issue of transit is moving beyond purely geographical and infrastructural aspects and is now directly affecting trust in various financial systems, regulators, digital platforms, and compliance institutions. Photo from the internet The inclusion of Russia on the list of

06.02.2026, 13:41

Economy

In five years, the volume of gas sales for transportation in Kyrgyzstan has tripled

The volume of gas sales for vehicles in Kyrgyzstan has increased threefold over the past five years. This was announced at a briefing by Arzymat Aldayev, Deputy General Director for Economics and Finance of Gazprom Kyrgyzstan. According to Aldayev, the company makes a significant contribution to improving air quality in Bishkek.

06.02.2026, 13:22

Economy

Bitcoin fell below 63 thousand dollars — this is half of the historical maximum

The maximum price was recorded in October - 126 thousand dollars On the Binance exchange, the price of Bitcoin dropped to 62,345 dollars at 23:55 Moscow time. This value is twice lower than the historical record set in October 2025, when the price of the cryptocurrency reached 126,199 dollars, according to Binance data. Since the beginning of January, there has been a steady decline in the price of Bitcoin, which continued into February. Over the past day, the asset's value fell by 2.64%,

06.02.2026, 12:44

Economy

Limits, Power Reductions, and Imports. How Winter is Going for Energy Workers

Winter is nearing its end, and the heating season of 2025/26 is coming to a close. It began with warnings of a challenging winter, a shortage of water in the Toktogul reservoir, and reduced power limits, which caused dissatisfaction among consumers due to frequent power outages. Nevertheless, energy workers continue to operate under strict restrictions, and complaints from consumers about faulty meters are growing. While this is not yet as noticeable in cities, the situation regarding

06.02.2026, 12:41

Economy

Compensations for Farmers Due to Floods and Crop Failures Are Not Provided in the Republican Budget — Amangeldiev

The Deputy Prime Minister reminded about the insurance mechanism in the agricultural sector At a meeting of the Jogorku Kenesh, the First Deputy Prime Minister Daniyar Amangeldiev reported that the current republican budget does not allocate funds for compensating farmers in the event of natural disasters or crop failures. Deputy Aisarakhan Abdibaeva raised this issue, pointing out that the country's budget is formed with a positive balance, and suggested allocating payments for affected

06.02.2026, 12:39

Economy / Exclusive

The National Bank revoked licenses from seven exchange offices in the Osh region

The National Bank has decided to revoke the licenses of several exchange offices due to violations of legislative norms and requirements established by the regulator. According to the document, the license revocations took place on February 3 and 4, 2026. The following exchange points dealing with cash foreign currency were included in the list:

06.02.2026, 12:35

Economy

Which currency has strengthened? Exchange rates in commercial banks on February 6

The National Bank of Kyrgyzstan has set the following exchange rates as of February 6: The dollar rate remained unchanged at 87.45 soms. At the same time, the euro continues to lose value, while the ruble shows slight strengthening.

06.02.2026, 12:32

Economy / Exclusive

In the Kara-Suu District, a plot worth 15.6 million soms has been returned to the state

The Prosecutor's Office of the Kara-Suu district, located in the Osh region, identified violations of land legislation during an inspection in the Savay rural administration. According to information provided by the General Prosecutor's Office, it was established that a plot of land measuring 0.24 hectares, which previously belonged to a children's health center, was unlawfully sold into private hands.

06.02.2026, 12:27

Economy

The "Junda" Oil Refinery Received Permission to Export Fuel Outside the EAEU

A new decree has been issued in Kyrgyzstan that revises the restrictions on the export of petroleum products to countries outside the EAEU. According to this document, the "China Petrol Company Junda" oil refinery is granted the opportunity to export K-2 class diesel fuel, as well as AI-80 and AI-92 grade gasoline beyond the union state.

06.02.2026, 12:14

Economy

Gas supply to CHPP-2 is expected to begin in the heating season of 2027/2028.

The government agencies are considering the reconstruction project of CHPP-2. This was announced by Arzymat Aldayev, Deputy General Director for Economics and Finance of Gazprom Kyrgyzstan, at a press briefing. According to him, the contract for gas supply for CHPP-2 has already been signed, and all investment programs will be synchronized with this goal. "We plan to start supplying gas to CHPP-2 in the heating season of 2027/2028. For this purpose, agreements have been signed with

06.02.2026, 11:49

Economy

In the Issyk-Kul Region, over 700,000 trout larvae have been bred

The Department of Fisheries has successfully completed a phase of artificial trout breeding in the Issyk-Kul region. According to the press service of the Ministry of Agriculture of Kyrgyzstan, out of 812 thousand eggs laid, 747 thousand larvae were obtained.

06.02.2026, 11:34

Economy

The global economy will maintain moderate growth: forecast of the Eurasian Development Bank

According to the macroeconomic forecast of the Eurasian Development Bank, by 2026, global GDP is expected to grow moderately, while the world economy will gradually adapt to new trade barriers. Analysts at the EDB highlight that GDP growth in developed economies will remain modest, due to high uncertainty and debt levels that hinder investment activity. Nevertheless, the development of IT infrastructure continues to have a positive impact on the economy. At the same time, developing economies

06.02.2026, 11:30

Economy

Exchange rates in commercial banks of Kyrgyzstan on February 6

Information about exchange rates was obtained from the websites of commercial banks. For clarification, it is recommended to contact the banks directly. This information is актуальна at the time of publication. Please note that the rates apply to cash currency exchange, and they may change throughout the day.

06.02.2026, 11:15

Economy

Raid on exchange offices took place in Osh and the region. How many were closed?

The National Bank of Kyrgyzstan took action against currency exchange offices that did not comply with legislative norms. This was reported by the regulator's press service. As a result of inspections conducted on February 3 and 4, licenses were revoked from the following exchange points:

06.02.2026, 11:14

Economy / Exclusive

Bitcoin has lost a quarter of its value since the beginning of the year

According to information from RIA Novosti, since the beginning of the current year, Bitcoin has lost 25% of its value. On the Binance exchange, which is the largest by trading volume of cryptocurrencies, at 7:22 Moscow time, the price of Bitcoin decreased by 9.04% over the day, amounting to $64,806.56. During trading, the price dropped to $60,000, which is the lowest value since October 10, 2024. According to data from CoinMarketCap, which analyzes the average price across more than 20

06.02.2026, 11:06

Economy / Exclusive

In the Aravan District, early potatoes have begun to be planted. The harvest is expected in May.

In the Aravan district of Kyrgyzstan, with the arrival of early spring, active potato planting has begun. According to a press release from the Ministry of Agriculture of the Kyrgyz Republic, local farmers have successfully started sowing thanks to favorable weather and previously conducted agronomic activities. According to the ministry's information, the potatoes currently being planted will be ready for harvest as early as May. One farmer, who cultivates a plot of 90 hundredths, hopes

06.02.2026, 11:00

Economy

Intensive Horticulture is Being Implemented in Toktogul on Arid Lands

A significant project has been launched in the Toktogul region, focused on utilizing rainfed (non-irrigated) areas for the creation of intensive orchards. The initiative belongs to the Ministry of Agriculture of the Kyrgyz Republic, which is organizing the preparation of 30 hectares of land where modern agronomic technologies will be applied to support farmers.

06.02.2026, 10:21

Economy

The National Electric Grid of Kyrgyzstan will purchase special equipment at its own expense

In 2026, the Open Joint Stock Company "National Electric Network of Kyrgyzstan" plans to purchase 35 units of special equipment, as reported by the organization's press service. The procurement will be carried out using the internal resources of NESC. The plans include the acquisition of 16 crew vehicles, 8 excavators, 8 aerial lifts with a lifting height of 25 meters, and 3 tractor units with trailers. This complex of equipment is intended for maintenance work on power

06.02.2026, 10:21

Economy

Seven exchange offices in the city of Osh and the region lost their licenses due to violations

The National Bank of the Kyrgyz Republic has revoked the licenses of seven exchange offices engaged in cash foreign currency operations. The reason for this decision was violations of the current legislation and regulatory acts of the NB KR. The organizations whose activities have been terminated include the following exchange offices:

06.02.2026, 10:08

Economy / Exclusive

Exchange rates for February 6

According to information from the website valuta.kg, the foreign currency exchange rates effective on February 6 were published, which apply in commercial banks and exchange offices. Thus, in Bishkek, the currency exchange rates on this date are as follows:

06.02.2026, 09:52

Economy

Private kindergartens in Uzbekistan will be exempt from rent for 30 years

Significant support measures for private preschool education have been announced in Uzbekistan. President Shavkat Mirziyoyev stated that entrepreneurs who open kindergartens on the premises of educational institutions and government agencies will be exempt from rent for a period of 30 years. This measure will be implemented in regions where there is a low level of preschool education coverage among children.

06.02.2026, 09:33

Economy

EEC approved beef import concessions until the end of 2026

The EEC Council has decided to introduce tariff benefits aimed at supporting meat processors. According to the press service of the Ministry of Agriculture of Kyrgyzstan, until the end of 2026, up to 5,000 tons of meat can be imported under special conditions within the EAEU. These new rules apply to fresh, chilled, and frozen beef. However, to take advantage of the "zero" tariff or reduced rates, importers must meet several strict conditions.

06.02.2026, 09:03

Economy

Exchange Rate at the Moscow City Council on February 6: Which Currency Changed in Price?

html In the morning of February 6 of this year, the exchange rates in the Moscow City Council look as follows: Euro 102.5-103.2 103.5-104.0 Ruble 1.13-1.14 1.14-1.15 Tenge 0.16-0.17 0.17 The dollar rate remains stable, it can be bought for 87.5 soms and sold for 87.75 soms. The cost of the euro has slightly decreased: it can be purchased at a price of 102.5-103.2 soms, and sold for 103.5-104 soms. As for the ruble, its rate has remained unchanged: purchase at 1.13-1.14 soms, sale at 1.14-1.15

06.02.2026, 08:53

Economy

Tenge Hits New High, Ruble Strengthens After Decline. Currency Rates as of February 6

Image from the internet. After the decline, the ruble shows growth As of February 6, there is an increase in the exchange rates of the Kazakh tenge and the Russian ruble, while the value of the euro and the Chinese yuan has decreased. The US dollar remains stable, according to information from the National Bank of Kyrgyzstan and exchange points in Bishkek. US dollar exchange rate:

06.02.2026, 08:53

Economy

Engineering and Geological Surveys for the Kambarata HPP-1: Competition Announced

The Ministry of Energy of Kyrgyzstan has announced a competition for conducting engineering and geological surveys on the territory of the Kambarata HPP-1. This information was stated in the official release of the agency. The procurement will be implemented as part of the project "Technical Assistance for the Kambarata HPP-1 Project" and will be conducted using an unrestricted method with a two-package approach.

06.02.2026, 08:47

Economy / Exclusive

Analysts Compared the Fall of Bitcoin to the Story of Benjamin Button

According to analysts from Stifel, the price of Bitcoin may drop to $38,000. The price dynamics of this cryptocurrency have been compared to the plot of "The Curious Case of Benjamin Button." In October 2022, the price of Bitcoin reached a record high of $126,000, but then fell to $67,000, which corresponds to levels recorded in November 2024.

06.02.2026, 08:46

Economy

In the meat pavilion "Chuygun," you can buy meat at an affordable price.

Changes have occurred in Bishkek regarding the location of wholesale meat sales points. Now, the sale of products is carried out in the new meat pavilion "Chuygun," which is situated on the territory of the "Altyn-Taka" market, replacing the previous point at the Osh market. The new pavilion is already actively operating. For early buyers, the working hours remain the same: the pavilion opens its doors at 03:00. One of the key features of the new location is the ability to

06.02.2026, 08:40

Economy

In Kyrgyzstan, 26 auctions for the right to use subsoil plots have been held - MDS

In 2025, 26 auctions related to the right to use subsoil resources were held in Kyrgyzstan. This information was announced at a business breakfast during the "B5+1" forum by the Executive Director of the International Business Council, Askar Sydykov. Additionally, the Ministry of Natural Resources reported that 2005 licenses for subsoil use had previously been issued, of which 103 belong to state enterprises.

06.02.2026, 08:38

Economy

Bitcoin fell below $70,000

The price of Bitcoin briefly fell below the $70,000 mark, marking the first such event since November 2024. This was reported by Meduza, citing data from Bloomberg. During morning trading in New York, the price of Bitcoin dropped to $69,821, but soon increased again.

05.02.2026, 21:33

Economy / Exclusive

Due to price manipulation by Russian suppliers, the import of construction materials from China has been permitted

The Minister of Construction spoke about measures to curb housing prices at a meeting of the Jogorku Kenesh At a recent meeting of the Jogorku Kenesh, the Minister of Construction, Architecture, and Housing and Communal Services, Nurdana Oruntaev, reported that Kyrgyzstan still relies on the import of building materials from abroad, with Russia traditionally playing a significant role as the main supplier of metal. Oruntaev noted that in the construction industry, metal and conductors continue

05.02.2026, 19:05

Economy

Gulya Kozhokulova raised the issue of "financial dictatorship" for entrepreneurs in the housing complex.

Kozhokulova's statement was a response to the dissatisfaction of entrepreneurs who reported high fees charged by financial institutions for interbank transactions. According to information, the fees can range from 1% to 1.7% of the transfer amount. The deputy noted: "Entrepreneurs recently turned to the media with a call to stop financial dictatorship. The issue specifically concerns the fees and interest rates for transfers. An official response from the National Bank on this matter

05.02.2026, 18:21

Economy

In Kyrgyzstan, 315 markets and 95 shopping centers were operating by the end of 2025

Photo from the internet. Alamedin Market in Bishkek By the end of 2025, 315 markets were registered in Kyrgyzstan, of which 154 markets belong to the category of mixed daily markets. There were also 95 shopping centers operating, as stated in the report of the National Statistical Committee. Market Structure The total number of trading places in the markets amounted to 83,416 units. The largest share is occupied by clothing markets, which account for 29,048 places, and mixed markets with

05.02.2026, 16:30

Economy / Exclusive

Benazir Nurlanova announced the statistics of the B5+1 business forum

The business forum B5+1 titled "Central Asia - USA" has concluded in Bishkek. The closing plenary session featured Benazir Nurlanova, Deputy Minister of Economy and Commerce of the Kyrgyz Republic. Benazir Nurlanova reported that about 400 participants representing 211 different companies and organizations took part in the event. Notably, among them are leading companies working on new solutions and ways of interaction.

05.02.2026, 16:27

Economy / Exclusive

In Kyrgyzstan, the volume of the unobserved economy for 2024 has been assessed

As of the end of 2024, the volume of the shadow economy in Kyrgyzstan is estimated at 308 billion soms, according to information provided by the National Statistical Committee. This figure is 0.3 percentage points higher than in 2023, accounting for 19.5% of the country's gross domestic product.

05.02.2026, 16:21

Economy

Rising Prices Are Not a Whim. Restaurateurs Urge the Cabinet to Engage in Dialogue on Service Charges

The "HoReCa Club" Association, representing the interests of the hotel and restaurant business, commented on the statements made by the First Deputy Prime Minister Daniyar Amangeldiev. He stated that including a service charge in the cost of dishes is an unlawful step on the part of restaurateurs. According to the "HoReCa Club," the hospitality industry in Kyrgyzstan is currently facing an important choice: to preserve jobs or sacrifice them for the sake of populism. The

05.02.2026, 16:04

Economy

Two state banks are issuing interest-free loans for tailors

Support is being provided to tailors from the presidential fund At a meeting of the Jogorku Kenesh, Daniyar Amangeldiev, Deputy Chairman of the Cabinet of Ministers, announced that two state banks, Aiyl Bank and Eldik Bank, have started issuing interest-free loans for representatives of the sewing industry. According to him, tailors in Kyrgyzstan face limitations in financial resources, which prompted the president to make the decision to provide them with such assistance. Amangeldiev

05.02.2026, 15:59

Economy / Exclusive

Kyrgyzstan is counting on large projects in IT, tourism, and natural resources — Kydyrbaev

Speaking about the future of Kyrgyzstan, Uluk Kydyrbaev, head of the Secretariat of the Business Development and Investment Council, highlighted economic growth as the key goal of the country. He made this statement at the B5+1 forum organized by the Kabar agency. Kydyrbaev noted that to achieve the set goals, Kyrgyzstan needs investments.

05.02.2026, 15:38

Economy / Exclusive

The Ministry of Labor reported how many families will participate in the social contract program

In 2026, the Ministry of Labor, Social Protection, and Migration plans to provide assistance to 13,333 families through the social contract program, as reported by Zhalyn Toktosunov, a leading specialist in the Employment Promotion Department. Toktosunov noted that this year more than 13,000 citizens will be able to receive 150,000 soms each to develop their businesses within the framework of this program.

05.02.2026, 15:32

Economy

The problems of tailors arose due to uncertainty with VAT on Wildberries — Amangeldiev

The First Deputy Chairman of the Cabinet clarified the situation in the garment industry during a meeting in the Jogorku Kenesh. During the meeting in the Jogorku Kenesh, Deputy Umbetaly Kydyraliev raised the issue of the crisis in Kyrgyzstan's garment industry, which, according to him, deepened in the second half of 2025. He addressed the First Deputy Chairman of the Cabinet of Ministers Daniyar Amangeldiev with a question about the reasons for this situation. “We absolutely cannot

05.02.2026, 15:17

Economy

In Russia, it was reported how much gasoline was exported to Kyrgyzstan in 2025

According to information published in "Kommersant," in 2025, Kyrgyzstan found itself among the leading countries importing Russian petroleum products. This year, the main export destinations were Mongolia (820 thousand tons), Uzbekistan (510 thousand tons), Kyrgyzstan (526 thousand tons), and Tajikistan (406 thousand tons).

05.02.2026, 15:16