Economy

The amount spent by the authorities to pay off the national debt since the beginning of the year has been announced.

From January to September of this year, 55 billion 530.3 million soms were allocated for the payment of the national debt, which is equivalent to approximately $636.2 million. This data was provided by the Ministry of Finance. According to the Ministry of Finance, in 2024, Kyrgyzstan spent 37.5 billion soms ($429.6 million) on external debt payments and 22.2 billion soms ($254.8 million) on domestic obligations.

27.10.2025, 17:03

Economy

The National Bank of the Kyrgyz Republic Tightens Control Over Prices and Monopolies in the Banking Sector

The National Bank of the Kyrgyz Republic has initiated discussions on a new draft resolution concerning changes to its regulations that govern antitrust issues, pricing, and the subsidiary structures of banks. This was reported by the regulator's press service. In the agency, it was noted that the purpose of this document is to improve the protection of the rights of financial service users and to stimulate a competitive environment in the banking and payment services sector.

27.10.2025, 16:48

Economy / Exclusive

The highest vegetable yield recorded in Chuy and Osh regions

The harvest campaign for agricultural crops is coming to an end in Kyrgyzstan. According to the Ministry of Agriculture, the highest vegetable yield indicators were recorded in the Chui and Osh regions this season.

27.10.2025, 16:48

Economy

Kyrgyzstan Increases Import of Cattle

According to data provided by the National Statistics Committee, from January to May of this year, Kyrgyzstan imported 15 thousand heads of cattle (bovine). Compared to the same period last year, imports increased by 39.6%.

27.10.2025, 16:02

Economy

Kyrgyzstan Takes Third Place in the EAEU for Agricultural Production Growth

According to data published by the Eurasian Economic Commission, from January to August 2023, the volume of agricultural products in Kyrgyzstan increased by 2.4% compared to the same period last year. In August of this year, Kyrgyzstan, like in July, ranked third among the EAEU countries in terms of agricultural product growth. Armenia took the lead with a growth of 7.3%, Kazakhstan came in second (+3.4%), while Russia was in fourth place (+1.2%). Meanwhile, Belarus showed a slight decrease of

27.10.2025, 15:56

Economy / Exclusive

In Jeti-Oguz, up to 700 liters of natural juice are produced daily

In the Jeti-Oguz region, in the village of Tosor, the agricultural production cooperative "Tosor Organic" is successfully operating, focusing on the production of freshly squeezed juices. According to information from the Ministry of Agriculture, this cooperative is capable of producing up to 700 liters of juice every day, using only ecologically clean fruits and vegetables grown by local farmers. The "Tosor Organic" range includes four types of juices: apple juice; pear

27.10.2025, 15:52

Economy

The authorities proposed the minimum wage for the next year.

According to the information from the Cabinet of Ministers, it is planned to set the minimum wage in Kyrgyzstan at 3,280 soms for the year 2026. This became known from the draft republican budget for 2026, which also covers planned indicators for 2027 and 2028. The document has already been sent to the Jogorku Kenesh for approval. It is important to note that according to the Labor Code of Kyrgyzstan, the minimum wage (minimum amount of remuneration) is the legally guaranteed amount received by

27.10.2025, 15:52

Economy

The state debt of Kyrgyzstan has increased again

According to the Ministry of Finance as of August 31, the total amount of Kyrgyzstan's state debt is $8 billion 646.47 million. Of this amount, external obligations amount to $5 billion 230.81 million, while internal obligations are $3 billion 415.66 million.

27.10.2025, 14:41

Economy

"We Are Not Interesting to Hackers." Myths about Cybersecurity in Kyrgyzstan

A few years ago, cybersecurity in Kyrgyzstan was perceived as something distant and insignificant. However, the situation is changing: the country is actively working on the legal framework in this area. Last year, the Law on "Cybersecurity" was adopted, and in 2025, the implementation of the Digital Code is planned, which will cover key aspects of information and cybersecurity. On one hand, the necessary legal foundation for the development of the industry is being created. On the

27.10.2025, 13:21

Economy

The number of companies fined for illegal labor of migrants has increased in Russia

In the first half of 2024, Russian courts imposed fines totaling 1.6 billion rubles (equivalent to over 1.7 billion soms) for violations related to the employment of foreign citizens. This figure is 60% higher than similar data for the same period last year. This information was published by "Vedomosti," citing data from the Judicial Department of the Supreme Court. Over six months, 9,546 organizations were fined, including 5,638 legal entities, 373 officials, 2,925 individual

27.10.2025, 13:02

Economy

A working group has been established to address the issues of Turkish entrepreneurs

The Cabinet of Ministers has made a decision to create a working group aimed at addressing the issues faced by Turkish entrepreneurs in Kyrgyzstan. The head of the government has signed a decree to form an interdepartmental group that will analyze and resolve the problems encountered by Turkish businessmen in the course of their activities.

27.10.2025, 12:28

Economy

The Cabinet has determined the minimum wage for 2026 — 3,280 soms

The government of Kyrgyzstan has approved the minimum wage level for 2026, which will amount to 3,280 soms. This information is reflected in the draft republican budget for 2026, as well as in the plans for 2027-2028, which has been submitted for approval to the Jogorku Kenesh. According to the presented calculations, the minimum wage for 2027 will be 3,608 soms, and for 2028 it is planned to be set at 3,968.8 soms.

27.10.2025, 12:10

Economy

How Will the New EU Sanctions Against the Banks of Three Central Asian Countries Affect Them

On November 12, a new package of sanctions from the European Union will come into effect, affecting not only the banks of Kazakhstan, Kyrgyzstan, and Tajikistan but also including restrictions against Kyrgyz companies and cryptocurrency exchanges. Details about these sanctions were provided by the publication "Current Time".

27.10.2025, 11:54

Economy

Exchange rates in commercial banks of Kyrgyzstan as of October 27

The information was collected from the websites of commercial banks. If you have any questions regarding the provided data, please contact the banks directly.

27.10.2025, 11:09

Economy

In Kyrgyzstan, the campaign "World Savings Day" has started

Today, a campaign dedicated to the "World Savings Day" has started in Kyrgyzstan, as reported by the National Bank of the country. According to the information, this event has been held since 2015 and is organized with the support of the National Bank, as well as with the participation of government agencies, financial institutions, the Deposit Protection Agency, and other interested parties.

27.10.2025, 11:05

Economy

A New Poultry Farm Opened at Issyk-Kul

The enterprise produces about 21 million incubation eggs per year Recently, a new production complex of the company "Kyrgyz Broiler" was opened in the Ton district of the Issyk-Kul region. The event was attended by the Minister of Agriculture of the Kyrgyz Republic, Bakyt Torobaev.

27.10.2025, 10:58

Economy

Dollar and Ruble Rise. Currency Exchange Rates in Commercial Banks on October 27

As of October 27, the exchange rates for foreign currencies set by the National Bank of Kyrgyzstan are as follows: The dollar remains at 87.45 soms, while the euro and ruble have significantly increased in value.

27.10.2025, 10:56

Economy

Trade War. The USA and China Agree on the Framework of a Potential Deal

This week, a meeting is expected between the presidents of the United States and China, during which they will discuss the main aspects of a possible trade agreement. This was stated by U.S. Treasury Secretary Scott Bessent in an interview with CBS. According to him, the agreement is expected to include a final decision regarding the American part of the TikTok network, as well as a delay in tightening controls over the export of rare earth metals from China.

27.10.2025, 10:48

Economy

In Bishkek, measures to improve the investment and business environment in the country will be discussed

On October 30, the National Investment Agency will organize an open discussion, following the presidential decree of December 18, 2024, No. 369 on the doctrine "National Spirit — Global Heights" and within the framework of the Law "On Investments." The goal of this event is to create sustainable economic growth and to form a comfortable investment climate. During the meeting, participants will discuss strategies aimed at improving the investment and business environment, as

27.10.2025, 10:40

Economy / Exclusive

Tax Officials of Kyrgyzstan Exchanged Experience with Swiss Company SICPA

The delegation of the State Tax Service of the Kyrgyz Republic, headed by Deputy Chairman Bakyt Dzhienbekov, held a working meeting with representatives of the Swiss company SICPA. During the visit, the tax officials discussed with the management and experts of SICPA the possibilities for joint cooperation in the field of digitalization of tax administration and other areas.

27.10.2025, 10:37

Economy

The park-beach area of the "Kyrgyz Sea" sanatorium has been transferred to the management of the akimat.

Recently, the Issyk-Kul District State Administration took over the park-beach area of the "Kyrgyz Sea" sanatorium. This decision was the result of an extraordinary general meeting of the shareholders of OJSC "Kyrgyzaltyn". According to the company's press service, participants at the meeting reviewed and approved a number of measures aimed at reorganizing and optimizing the company's operations.

27.10.2025, 10:35

Economy

In Kemin, up to 15 thousand tons of chicken meat will be produced annually

In Kemin, in the Chuy region, a new modern poultry complex of LLC "Agro Kush" has been opened, where chicken meat will be produced. The opening ceremony was attended by Bakyt Torobaev, who holds the position of Deputy Chairman of the Cabinet of Ministers and Minister of Water Resources, Agriculture, and Food Processing Industry. As part of the event, he also laid a time capsule, as reported by the Ministry of Agriculture. The company "Agro Kush" implements a full production

27.10.2025, 10:34

Economy / Exclusive

The National Bank fined exchange offices and citizens for illegal currency operations

The National Bank of Kyrgyzstan has announced the imposition of administrative sanctions due to violations of legislation in the field of currency operations. It is reported that as a result of insufficient compliance with the norms and rules established by the NB KR, two exchange offices in Bishkek were fined 55,000 soms each.

27.10.2025, 10:09

Economy

Exchange Rates at the Moscow City Duma on October 27: Dollar Decreased in Value, Ruble Increased in Value

In the morning of October 27, the following exchange rates for foreign currency are observed at the exchange points of the Moscow City Council:

27.10.2025, 09:58

Economy / Exclusive

In the Ton District, a new enterprise "Kyrgyz Broiler" has been opened

Bakyt Torobaev, the Minister of Water Resources, Agriculture, and Processing Industry of Kyrgyzstan, witnessed the opening of the new production complex "Kyrgyz Broiler," located in the Ton district of the Issyk-Kul region. This event was reported by the press service of the Ministry of Agriculture of the Kyrgyz Republic. “Currently, our enterprise 'Kyrgyz Broiler' produces about 21 million incubation eggs annually. This allows us to achieve a poultry meat production volume

27.10.2025, 09:25

Economy

More than 9 billion soms are the assets of the Deposit Protection Agency

As of September 30, 2025, the assets of the Deposit Protection Agency reached 9.136 billion soms, according to the institution's report. This figure is 29% higher than the corresponding indicator for the previous year. The total volume of the Deposit Protection Fund amounted to 9.07 billion soms, while in 2024 it was 7.05 billion.

27.10.2025, 09:15

Economy

Euro and Russian Ruble Have Appreciated. Currency Rates for October 27

According to the National Bank of Kyrgyzstan and exchange points in Bishkek, the rates of the Euro, Ruble, and Chinese Yuan are showing an increase, while the US Dollar and Kazakh Tenge have remained at the same level. US Dollar:

27.10.2025, 09:03

Economy / Exclusive

In Kemino, the poultry farm "Agro Kush" was opened

The opening ceremony of the new modern poultry meat production complex "Agro Kush," located in Kemin, was attended by Bakyt Torobaev, the Minister of Water Resources, Agriculture, and Processing Industry of the Kyrgyz Republic. During the event, a time capsule was also laid. The company "Agro Kush" operates a full production cycle: from incubation to processing chicken meat and its sale.

27.10.2025, 08:00

Economy / Exclusive

The car market in the city of Osh has expanded — in 3 months, more money has been received in the budget than the average annual income.

In Osh, the opening of the updated sector of the municipal car market took place, where Korean-made cars are offered. According to the local administration, the renovation of the area where Korean cars are sold has been completed. The opening ceremony was attended by deputies of the city council and city leadership.

26.10.2025, 22:44

Economy

In the Issyk-Kul Region, construction of a waste processing plant has begun

During a working trip to the Issyk-Kul region, Adylbek Kasymaliev, head of the cabinet of ministers and the presidential administration, participated in a ceremonial event dedicated to the laying of a capsule for the construction of a solid waste processing plant. This was reported by the government press service. Kasymaliev emphasized that large-scale investment initiatives are being implemented in the country aimed at improving the environmental situation and raising the standard of living

26.10.2025, 19:38

Economy

The founder of the cryptocurrency exchange Binance announced the launch of a national stablecoin and digital som in Kyrgyzstan.

The national stablecoin and digital som will be used for government payments Changpeng Zhao, the founder and former CEO of the cryptocurrency exchange Binance, announced the launch of a national stablecoin and digital som in Kyrgyzstan.

26.10.2025, 15:34

Economy

A national stablecoin has been launched in Kyrgyzstan, and Binance is available in Kyrgyz language

The national stablecoin has been officially launched in Kyrgyzstan. This news was announced by Binance founder Changpeng Zhao on his account on X. He also noted that the digital som is ready for implementation in the country's economy.

26.10.2025, 12:41

Economy

Chanpen Zhao announced the launch of a national stablecoin and digital som in Kyrgyzstan

Changpeng Zhao, the founder and former CEO of the cryptocurrency exchange Binance, shared significant news about digital finance in Kyrgyzstan. He announced that the country has successfully launched a national stablecoin on the BNB Chain, and the central bank digital currency (CBDC) is ready for implementation and will be used for government payments. Additionally, he noted the creation of a National Cryptocurrency Reserve, which includes the BNB token.

25.10.2025, 20:57

Economy

Strike on Business. The Cabinet will annually increase prices on alcohol, tobacco, and beverages.

The authorities' goal is to replenish the budget and promote a healthy lifestyle The Ministry of Economy and Commerce has presented a draft law that provides for annual increases in excise taxes on alcoholic and tobacco products, as well as on sweet beverages from 2026 to 2029.

25.10.2025, 17:21

Economy

Cafes and restaurants in Kyrgyzstan have started to hide a 15% service charge in the price of dishes.

Previously, the government decided that tips should remain voluntary. In Kyrgyzstan, there is a trend where catering establishments have begun to add 15% for service to the price of their dishes. This was reported by Semetey Amanbekov, a well-known journalist and public figure, on his social media page.

25.10.2025, 14:48

Economy

Bishkek's Grocery Basket as of October 25. What Has Significantly Increased in Price Over the Week

Throughout the week, there has been a rise in prices for meat, potatoes, cucumbers, tomatoes, peppers, and eggs in Bishkek. At the same time, prices for onions, carrots, cabbage, fish, apples, and milk have decreased. Thus, over the week, the cost of the minimum grocery set increased by 418 soms, totaling 6,210 soms.

25.10.2025, 12:59

Economy

Putin Temporarily Allowed the Import of Goods from Kyrgyzstan Without EAEU Labeling

Russian President Vladimir Putin signed a decree temporarily allowing the import of goods from Kyrgyzstan and Kazakhstan without the necessary EAEU labeling. This decision will be in effect until December 10 of this year. According to the decree, goods imported by road through the border with Kazakhstan may not have labeling confirming their origin from the Eurasian Economic Union until the specified date.

25.10.2025, 12:34

Economy / Exclusive

What is the price of "white gold" in Nooken this year?

This year, in the Nooken district of the Jalal-Abad region, the price for 1 kilogram of cotton, also known as "white gold," is 73 soms. This was reported by the head of the district agricultural development department, Muratbek Junusov. He noted that this season, 2,597 hectares have been allocated for cotton, which is 1,230 hectares less than last year.

24.10.2025, 23:38

Economy

The Department of Ground and Water Transport Increased Budget Revenues Fourfold

According to information provided by the press service of the Ministry of Transport and Communications, the Department of Ground and Water Transport has significantly increased its budget revenues, raising them fourfold. In the first nine months of 2025, the agency transferred 861 million 192 thousand soms to the treasury, which is 658 million 973 thousand soms more than the corresponding figure for 2024.

24.10.2025, 20:48

Economy

One of the Board Members at the National Bank Has Changed

President Sadyr Japarov signed a decree stating that Ulan Jamalidinov has been relieved of his duties as a member of the Board of the National Bank. This decision was made on October 24 at the personal request of Ulan Jamalidinov.

24.10.2025, 18:49

Economy

A modern meat processing complex is being built in Toktogul

The project was initiated by a local entrepreneur

24.10.2025, 18:21

Economy

Cybersecurity in Kyrgyzstan: Myths and the Truth That Businesses Must Live With

A few years ago, cybersecurity in Kyrgyzstan seemed like a distant and irrelevant issue. However, the country is now actively developing a legal framework for this field: last year, the Law "On Cybersecurity" was adopted, and in 2025, a Digital Code will be introduced, covering the main aspects of information and cybersecurity. On one hand, a legal basis is being created for the development of this industry. On the other hand, there are still myths and misconceptions about

24.10.2025, 18:15

Economy

The authorities plan to create a cryptocurrency reserve for Kyrgyzstan in the near future.

According to information announced on October 24 by Farhad Iminov, head of the secretariat of the National Council for the Development of Virtual Assets and Blockchain Technologies, changes have already been made to the law "On Virtual Assets" in the country. This step is aimed at creating a cryptocurrency reserve that will operate under the president. However, it is worth noting that the cryptocurrencies stored in the reserve are not intended to be used for monetary policy. It is

24.10.2025, 17:43

Economy / Exclusive

Gulnaz Supaeva: There is a Future for Cryptocurrency and Blockchain Technologies in Kyrgyzstan

Gulnaz Supaeva, Doctor of Economic Sciences, shared her opinion on the prospects of cryptocurrencies and blockchain technologies in Kyrgyzstan in an interview with the Kabar agency. She noted that there is a growing interest in these areas in the country, especially among youth and IT specialists. According to Supaeva, creating a reliable legislative framework is essential for the successful development of these technologies. "If government agencies start actively working in this

24.10.2025, 16:13

Economy

The Ministry of Economic Development spoke about the increase in alcohol excise tax

The goal of the new initiatives is to reduce the consumption of harmful products The Cabinet of Ministers of the Kyrgyz Republic is launching an initiative to amend certain tax regulations, as reported by the Ministry of Economy of the KR.

24.10.2025, 15:52

Economy

The Cabinet proposes to introduce a tax on tourists

The proposed tourist fee is a non-tax payment that will be charged to individuals temporarily residing in various accommodation facilities such as hotels, hostels, sanatoriums, and recreation centers. The funds collected from this tax will be directed towards the development of tourist infrastructure and the preservation of cultural heritage. The text of the draft law is already available for discussion. Over the past decade, the tourism industry in Kyrgyzstan has shown impressive growth, made

24.10.2025, 15:30

Economy

The Second Birth of Toktogul: How the Power of the Hydroelectric Station Increased to 1,440 Megawatts

Photo 24.kg. Toktogul Hydropower Plant The Toktogul Hydropower Plant, which has been supplying Kyrgyzstan with electricity for half a century, is entering a new era: outdated panels are being replaced with modern screens and digital control. But will the updated station be able to guarantee uninterrupted power supply for households? The Energy Heart of the Country: from Monument to Mosaic

24.10.2025, 15:19

Economy

Supplies of Fuel and Lubricants in the Kyrgyz Republic are Planned to be Diversified

Photo from the internet The Cabinet of Ministers of Kyrgyzstan is considering the possibility of diversifying the supply of fuel and lubricants (GSM). This was reported by Deputy Prime Minister Daniyar Amangeldiev in an interview with the TASS news agency. According to him, a decision was previously made at the level of the Eurasian Economic Commission to exempt from duties the supplies of gasoline and GSM not only from Russia but also from other countries.

24.10.2025, 15:18