Economy

The Minister of Economy outlined three key significances of the B5+1 forum for Kyrgyzstan

In Bishkek, a two-day B5+1 business forum has kicked off, gathering representatives from the business community and government structures of Central Asian countries and the United States. As part of this event, a press conference was held featuring the U.S. Special Representative for South and Central Asia, Sergio Gor, and heads of delegations from all Central Asian states. According to the Minister of Economy and Commerce of Kyrgyzstan, Bakyt Sadykov, the B5+1 format marks a new stage in

04.02.2026, 11:58

Economy

Currency exchange rates in commercial banks on February 4: the price of the ruble is decreasing

As of February 4, the exchange rate for foreign currency set by the National Bank of Kyrgyzstan is as follows: The dollar remains at 87.45 soms, while the euro and the ruble show a decline.

04.02.2026, 11:49

Economy / Exclusive

How and When to Submit the Unified Tax Declaration for 2025

The State Tax Service has announced the start of its campaign for the acceptance of the unified tax declaration for 2025. According to information from the agency, this campaign will take place in two stages: legal entities, as well as state and municipal employees, must submit their declarations by April 1, while individuals and individual entrepreneurs have until May 1.

04.02.2026, 11:38

Economy

In Kyrgyzstan, total control over alcohol and forests is being implemented

Among the main trends in February, one can highlight the increase in digital control in the trade sector and simultaneous measures to ease conditions for exporters. In the field of logistics, a significant innovation will be the mandatory use of electronic navigation seals. Starting from February 11, the transportation of alcohol and tobacco will come under strict digital control – these seals will record the routes of goods during import and export within the framework of the Eurasian

04.02.2026, 11:34

Economy / Exclusive

The U.S. Confirms Support for Business and Peace in Central Asia — Sergio Gor

At the "V5+1" forum, the U.S. Special Envoy for South and Central Asia, Ambassador Sergio Gore, confirmed the United States' support for business and peace in Central Asia. According to him, U.S. President Donald Trump is committed to peace and prosperity for all countries in the region, emphasizing the importance of trade development.

04.02.2026, 11:27

Economy

Exchange rates in commercial banks of Kyrgyzstan as of February 4

Information about exchange rates was obtained from the official websites of commercial banks. If you have any questions, it is recommended to contact the respective banks directly. The data is current as of the time of publication. The indicated rates pertain to cash exchange and may change throughout the day.

04.02.2026, 11:09

Economy

The director of the GP "Single Window Center" at the customs service has changed.

According to information provided by the information support department of the Cabinet of Ministers, Tilek Asanov has been relieved of his position as the director of the state enterprise "Single Window Center" in the field of foreign trade under the State Customs Service. This decision was made by the Chairman of the Cabinet of Ministers, Adylbek Kasymaliev, who also signed a decree appointing Indira Sharshenova as the director of this enterprise.

04.02.2026, 11:08

Economy

The business forum "B5+1" has started in Bishkek

The forum is organized by the Center for International Private Enterprise (CIPE) with the active participation of the Cabinet of Ministers of the Kyrgyz Republic. It symbolizes the transition of the "B5+1" format from one-off meetings to a more sustainable process of regional economic integration. The forum attracted high-profile delegates from the governments of Kyrgyzstan, Kazakhstan, Uzbekistan, Tajikistan, Turkmenistan, and the USA, as well as representatives from international

04.02.2026, 10:48

Economy

By the end of 2026, it will be possible to import 5,000 tons of meat duty-free into the KR.

Kyrgyzstan has successfully achieved significant economic concessions within the framework of the Eurasian Economic Union (EAEU). The head of the EAEU coordination department of the country's Ministry of Economy, Elimbek Kanybek uulu, announced at a press conference at the "Kabar" agency that, at Kyrgyzstan's initiative, tariff concessions have been introduced for a number of key goods, allowing them to be imported without paying customs duties.

04.02.2026, 10:45

Economy / Exclusive

The first wind power plant in Kyrgyzstan has started generating energy

The first wind power plant has started its operations in Kyrgyzstan and has already begun supplying megawatts to the country's energy system. This was reported on social media by Kundus Kyrbashova, the head of the Association of Green Stations. “We are transitioning from theory to practical energy generation, which opens a new chapter in the development of wind energy in our country. It is especially pleasing that this project has been implemented by the Kyrgyz company ‘Metrum TEK,’” she

04.02.2026, 10:42

Economy / Exclusive

In Bishkek, the development of economic partnership between the USA and Central Asian countries is being discussed.

A two-day business forum B5+1 has kicked off in Bishkek, bringing together participants from the business community and government structures of Central Asia and the United States. The aim of the event is to emphasize the importance of the private sector's role in reforming economic policy and strengthening ties between the USA and Central Asia.

04.02.2026, 10:25

Economy

The campaign for submitting the unified tax declaration has started. Who and when should submit it?

The State Tax Service (STS) has launched a campaign for the collection of the unified tax declaration for the year 2025. As reported by the STS press service, the process of submitting declarations will be divided into two stages: legal entities, as well as state and municipal employees, must submit their declarations by April 1, while individuals and individual entrepreneurs must do so by May 1.

04.02.2026, 10:22

Economy / Exclusive

Kyrgyzstan places special importance on investments from the USA - Amangeldiev

During the "B5+1" forum, First Deputy Prime Minister Daniyar Amangeldiev spoke about the importance of investments from the United States for Kyrgyzstan. He emphasized that these investments are viewed not only as financial resources but also as an important source of technology, modern management practices, and innovations. According to Amangeldiev, there are significant opportunities for growth in the services, information technology, and creative economy sectors, particularly in

04.02.2026, 10:19

Economy

The GNS has launched a campaign for tax declaration submission

According to the press service of the GNS, the campaign consists of two stages. Legal entities, as well as state and municipal officials, must submit their declarations by April 1, while individuals and sole proprietors must do so by May 1.

04.02.2026, 10:16

Economy

Natural Resources - to the People of Kyrgyzstan

Recently, a discussion took place in Bishkek on the topic "Global Trends in Central Asia: From Security Provision to the Extraction of Critical Minerals." The event was organized by the Expert Initiatives Center "Oiy Ordo" in cooperation with the Council for Sustainable Development in the Context of Climate Change under the Speaker of the Jogorku Kenesh of the Kyrgyz Republic.

04.02.2026, 10:14

Economy / Exclusive

Market, Demographics, and Logistics: Amangeldiev on the Advantages of Central Asia

In his speech at the business forum "B5+1," Daniyar Amangeldiev, the First Deputy Chairman of the Cabinet of Ministers of the Kyrgyz Republic, emphasized the importance of this platform as a link between political decisions and their practical implementation through investments and projects. According to him, the summit of the heads of state of Central Asia and the USA, which took place on November 6, 2025, in Washington, became a starting point for a new stage of cooperation.

04.02.2026, 10:00

Economy

In Dubai, the economic model "Snow Leopard" from Kyrgyzstan was presented

The model was demonstrated as part of the 'Government Accelerators' program. The World Government Summit held in Dubai served as a platform for a side event titled 'Kyrgyzstan's Economic Growth Model "Snow Leopard": Government Accelerators, Institutions, and Investments'. During this event, participants were shown a video illustrating Kyrgyzstan's experience in implementing the Emirati program 'Government Accelerators'. Among the participants

04.02.2026, 09:38

Economy

A Digital Experiment in Electricity Trading Launched in Russia

Starting from February 1, a pilot project has been launched in Russia dedicated to the implementation of online platforms for electricity trading. The experiment, which will last until the end of 2027, will cover seven regions of the Federation, including Khakassia, Udmurtia, Altai Krai, and several other areas.

04.02.2026, 09:30

Economy / Exclusive

Exchange Rates for February 4

As of February 4, the National Bank has published the current exchange rates of foreign currencies against the som. 1 USD — 87.4500 som 1 EUR — 103.3309 som 1 RUB — 1.1390 som 1 KZT — 0.1737 som 1 CNY — 12.6080 som In commercial banks, the average purchase rate for the US dollar is 87.35 soms, while the sale rate is 87.79 soms.

04.02.2026, 09:26

Economy

Ruble and Euro Continue to Depreciate Against the Som. Exchange Rates for February 4

Photo from the internet. The Chinese yuan sets a new record high According to the National Bank of Kyrgyzstan and exchange offices in Bishkek, the rates of the euro and the Russian ruble continue to decline, while the Kazakh tenge and the Chinese yuan are showing growth. The dollar remains stable. US Dollar:

04.02.2026, 09:19

Economy

A new Deputy Minister of Transport and Communications appointed

Talgat Umetaliev. Photo who.ca-news. According to the information support department of the cabinet of ministers, Talgat Umetaliev has been appointed as the deputy minister of transport and communications. The order for his appointment was signed by the chairman of the cabinet of ministers, Adylbek Kasymaliev.

04.02.2026, 09:09

Economy

Exchange Rate at the Moscow City Duma on February 4: The Ruble Continues to Devalue

As of the morning of February 4, the exchange rates for foreign currencies at the MosSovet exchange offices are as follows:

04.02.2026, 09:09

Economy

Kyrgyz Farmers Offered Powerful Belarusian Equipment for Lease

In Kyrgyzstan, agricultural producers can now take advantage of new technological solutions to enhance the efficiency of harvest collection. The Belarusian company LLC "AgroEquipment" has introduced a range of modern equipment specifically designed for harvesting sugar beets. This informational initiative is being implemented with the support of the Ministry of Water Resources, Agriculture, and Processing Industry of Kyrgyzstan.

04.02.2026, 08:37

Economy

American companies are interested in expanding their presence in the KR market

Recent bilateral negotiations between representatives of major American companies and the National Investment Agency under the President of the Kyrgyz Republic were held to explore opportunities for cooperation. This was reported by the agency. During the meetings, key areas of joint work were discussed, including investment, infrastructure, technology, and social projects.

03.02.2026, 21:49

Economy

The Economic Forum of the USA and Central Asia Will Take Place in Bishkek

Washington is intensifying efforts to diversify trade ties in a key region Sergio Gor, the U.S. Special Envoy for South and Central Asia, is arriving in Kyrgyzstan for an official visit that will last four days, at the invitation of the authorities in Bishkek. The press secretary of the President of Kyrgyzstan, Askat Alagozov, confirmed that Gor's agenda includes a meeting with President Sadyr Japarov. The highlight of the visit will be the American diplomat's participation in the

03.02.2026, 21:46

Economy

Kyrgyzstan Maintains Credit Rating at B+ Level

The Kyrgyz Republic maintains its sovereign credit rating at B+ with a "Stable" outlook, according to information from the international rating agency Standard & Poor's Global Ratings. This indicates that the country is capable of meeting its financial obligations despite existing external economic risks, as reported by For foreign investors, this assessment is a sign of the resilience and manageability of the country's economy.

03.02.2026, 20:04

Economy

"Not the Basic Minimum!" In the Residential Complex, they proposed to annul the regulation on service in cafes

At the meeting of the Committee of the Jogorku Kenesh on Finance, Budget, and Competition Development, Bekeshev expressed his opinion on the resolution, noting that the cabinet of ministers aimed to provide consumers with clarity on prices. However, in his view, such measures should not apply to the catering sector. The deputy emphasized that the antimonopoly service should focus on basic needs, such as food, rather than interfere with pricing in cafes. "This concerns socially vulnerable

03.02.2026, 18:41

Economy

Business complained about issues with cashless payments

Issues were discussed with the State Tax Service, banks, and the regulator A meeting was held at the State Tax Service where entrepreneurs shared the problems arising from the use of cashless payments. The main difficulties are related to high fees, delays in crediting funds, and complex procedures established by banks. Representatives from the State Tax Service, the National Bank, several commercial banks, the Interbank Processing Center, and the Union of Banks of Kyrgyzstan participated in

03.02.2026, 17:29

Economy / Exclusive

The National Bank fined two payment organizations in Bishkek

As a result of supervisory activities in Bishkek, two payment companies were fined. According to information from the regulator, these organizations were fined a total of 165,000 soms for violating the current laws and regulations of the National Bank of the Kyrgyz Republic.

03.02.2026, 17:21

Economy

Zhanibek Abirov on Price Increases: Deputies Also Feel That Prices Have Gone Up

At the meeting of the Committee of the Jogorku Kenesh on Finance, Budget, Entrepreneurship, and Competition Development, Abirov pointed out that now catering establishments indicate prices in the menu including service charges. Previously, this percentage was 15%, of which 7-8% went to pay the waiters, while the rest remained with the owners. However, many cafes have increased this percentage to 20-22%, believing that government authorities may make new decisions affecting their income.

03.02.2026, 17:12

Economy

Export of gold and large sums in rubles from Russia will come under strict control

Starting from September 1, 2026, restrictions on the export of cash rubles and gold bars are planned to be introduced in Russia. This was reported by the Interfax agency. It has become known that the draft decree was developed by the Ministry of Finance as part of a program to combat capital outflow and "whitening" the economy.

03.02.2026, 16:49

Economy

The EEC commented on the queues of trucks at the Kyrgyz-Kazakh border

In recent days, there has been a significant accumulation of trucks at the "Ak-Tilek - Road" checkpoint near Kant. The Eurasian Economic Commission commented on this situation. According to the EEC, the increase in time for border procedures is related to the planned control measures reported by the Kazakh side. These actions are temporary and aimed at improving order at the border, as well as combating the illegal turnover of goods, which poses a threat to Kazakhstan's national

03.02.2026, 16:02

Economy / Exclusive

At the GNS, issues of cashless payments for businesses were discussed

The State Tax Service (GNS) held a meeting dedicated to issues related to the application of cashless payments in the business sector. The discussion was attended by the Deputy Chairman of the GNS Azat Almanbetov and representatives of key financial institutions, including the National Bank, the Interbank Processing Center, and the Union of Banks of Kyrgyzstan, as well as commercial banks. During the meeting, current issues raised by entrepreneurs regarding the use of payment wallets,

03.02.2026, 16:00

Economy

Italy will help Kyrgyzstan clean up cities from garbage

Kyrgyzstan is on the path to solving the waste disposal problem and transitioning to a circular economy. On February 2, a meeting was held at the National Investment Agency under the President of the Kyrgyz Republic with representatives of the Italian company TRITOR S.R.L. The result of this meeting was the signing of a Memorandum of Cooperation, which will open opportunities for the implementation of advanced European technologies for the recycling of household and medical waste in the

03.02.2026, 15:18

Economy

Commissions for Entrepreneurs May Be Reduced for Accepting Cashless Payments

A recent meeting organized by the State Tax Service of the Kyrgyz Republic focused on issues related to cashless payments in the business sector. The event was attended by representatives of the National Bank, the Interbank Processing Center, as well as commercial banks and the Banking Union. The press service of the State Tax Service reported that the main focus was on the problems faced by entrepreneurs. The discussion touched on aspects such as the use of business wallets, POS terminals,

03.02.2026, 15:12

Economy / Exclusive

The Ministry of Construction announced the cost of apartments in Bishkek and Osh.

At a meeting of the Jogorku Kenesh Committee on Industrial Policy, Architecture, and Construction, Deputy Ulanbek Zhaanbaev asked the Deputy Minister of Construction about the current prices for apartments in Bishkek and Osh. Talantbek Imanakun uulu, the Deputy Minister, reported that the cost of housing offered by private construction companies in Bishkek ranges from $800 to $3000 per square meter, while in Osh, this figure is between $700 and $1500 per square meter.

03.02.2026, 15:06

Economy

The second international business forum B5+1 kicks off in Bishkek

The second B5+1 Forum is opening in Bishkek, organized by the Center for International Private Enterprise (CIPE) in collaboration with the Cabinet of Ministers of the Kyrgyz Republic. This event is a logical continuation of the historic C5+1 summit, which established the forum as an important platform for dialogue between businesses in Central Asia and the United States.

03.02.2026, 15:03

Economy

The EEC explained the reasons for the queues at the border between Kyrgyzstan and Kazakhstan

The situation with the accumulation of trucks at certain border crossing points between Kazakhstan and Kyrgyzstan has been commented on by the Eurasian Economic Commission. It has become known that the delays are caused by planned control measures being carried out by the Kazakh authorities. Kazakhstan representatives reported that these enhanced inspections are temporary and targeted. Their goal is to restore order at the border, primarily to prevent the illegal circulation of goods that may

03.02.2026, 14:54

Economy / Exclusive

Kyrgyzstan Increases Quota for Duty-Free Import of Electric Vehicles

Kyrgyzstan will continue to provide tariff benefits for the import of electric vehicles in 2026, while significantly increasing the volume of imports. This was announced by Elimbek Kanybek uulu, head of the EAEU Coordination Department of the Ministry of Economy of the Kyrgyz Republic, at a press conference at the Kabar agency. In the current year, the quota for duty-free import of electric vehicles has increased from 10,000 to 15,000 units. Initially, this proposal faced some resistance from

03.02.2026, 14:52

Economy / Exclusive

EEC clarified the congestion of trucks at the Kyrgyz-Kazakh border

The Eurasian Economic Commission (EEC) commented on the situation related to the increase in the number of trucks at certain border crossing points between Kazakhstan and Kyrgyzstan. According to information from the Kazakh side, this increase in the time required for border procedures is caused by the implementation of planned measures for border control.

03.02.2026, 14:40

Economy

Agreements with global giants such as Pfizer and Nasdaq are being signed in Kyrgyzstan

From February 2 to 3, 2026, an intensive negotiation marathon is taking place at the National Investment Agency in Bishkek. The event facilitates an exchange of views between representatives of the Kyrgyz government and delegates from leading American companies. This event highlights the growing interest of American businesses in the economic opportunities of the country and their readiness to implement joint projects. Participants include representatives from giants such as the U.S.

03.02.2026, 14:40

Economy / Exclusive

The Ministry of Construction explained who receives a salary of 500,000 soms.

During a meeting of the committee of the Jogorku Kenesh dedicated to issues of industrial policy, transport, and construction, Deputy Minister of Construction Talantbek Imanakun uulu clarified the situation regarding high salaries in the department. According to him, only 4–5 employees receive a salary of 500,000 soms. Deputy Bakhridin Shabazov asked about the number of workers who have such high wages. The deputy minister specified that these specialists are involved in design and preparation

03.02.2026, 14:24

Economy

China invests in large-scale modernization of Tokmok

As part of active cooperation, Kyrgyzstan and China are moving towards the practical implementation of significant technological initiatives. On February 2, Ravshanbek Sabirov, head of the National Investment Agency under the President of Kyrgyzstan, held a meeting with representatives of major companies Shanghai Minghou Xufu Business Consulting Management and Anté Lingkun (Shanghai) Technology. This meeting was the result of agreements reached in January in Shanghai, where the parties

03.02.2026, 14:23

Economy / Exclusive

Announcement of the creation of the world's most expensive private company

Elon Musk's space company SpaceX has announced a deal to acquire the startup xAI, which also belongs to him and specializes in artificial intelligence, according to information from CNN. The merger of these two major companies with a limited number of shareholders will lead to the creation of the most expensive private company in the world.

03.02.2026, 14:20

Economy

"Kyrgyzaltyn" held negotiations with representatives of American business

The directions for the development of the mining sector were discussed On February 2, OJSC «Kyrgyzaltyn» held a series of meetings with representatives of major American companies as part of the B5+1 business forum. The negotiations were led by Kubat Abdrayimov, the chairman of the company's board. During the visit, the prospects for cooperation with Pangea Global, Mooney Group, TETHYS Gateway Investment, and Nasdaq were discussed. The main focus was on issues related to the development

03.02.2026, 13:58

Economy / Exclusive

The Ministry of Construction trains young architects and introduces a digital certification system

At a meeting of the Jogorku Kenesh Committee on Industrial Policy, Transport, Energy, Architecture, and Construction, Deputy Erkinbek Isenaliev asked the Deputy Minister of Construction about measures to prepare new architects. The deputy noted that due to the shortage of qualified personnel in the industry, it is important to organize systematic training for new specialists.

03.02.2026, 13:52

Economy

Ministry of Economy: The issue with sellers from Kyrgyzstan on electronic platforms has been resolved

At the meeting of the Eurasian Economic Commission Council on January 30 in Moscow, the Ministry of Economy of Kyrgyzstan raised the issue of the movement of goods from Kyrgyz sellers within the framework of electronic commerce, especially on the Wildberries platform. Previously, Kyrgyz sellers faced serious problems due to changes in the rules for working with the Russian market. In the autumn of 2025, supplies of goods from Kyrgyzstan nearly came to a halt — shipments were stuck at the border

03.02.2026, 13:51

Economy / Exclusive

Gold is rising in price by approximately five percent

On Tuesday morning, there is a significant increase in silver prices on the exchange, rising by more than 10%. At the same time, the price of gold is also increasing, adding about 5% according to trading platforms. As of 9:29 AM Moscow time, the March silver futures on the New York Comex exchange rose by 10.21%, reaching $84.875 per ounce.

03.02.2026, 13:33