News of Kyrgyzstan, Bishkek and Osh — latest events today
Economy

Adylbek Kasymaliev: GDP by the end of 2025 will exceed 2 trillion soms

At the republican meeting held on February 27 with the participation of President Sadyr Japarov, Prime Minister Adylbek Kasymaliev reported that by the end of 2025, the gross domestic product is expected to exceed 2 trillion soms. Kasymaliev noted that 2024 has become historic, as the gross domestic product reached 1 trillion 976.4 billion soms, demonstrating an 11.1% growth. However, as he emphasized, these are preliminary data.

27.02.2026, 11:59
Minister: Last year, farmers were issued more than 2,000 units of agricultural machinery
Economy / Exclusive

Minister: Last year, farmers were issued more than 2,000 units of agricultural machinery

In 2025, 2,069 units of agricultural machinery were leased to farmers and peasant farms, with a total value of 7.2 billion soms. The Deputy Prime Minister and Minister of Water Resources, Agriculture, and Processing Industry, Erlis Akunbekov, reported this at a national meeting in "Yntymak Ordo." According to him, this result exceeds the figures of the previous year by 2.6 billion soms and 876 units of machinery. For comparison, in 2024, 1,193 units of machinery were issued for a

27.02.2026, 11:56
Sanctions for Unreliable Exporters Introduced in Kyrgyzstan
Economy

Sanctions for Unreliable Exporters Introduced in Kyrgyzstan

An active information campaign has begun in the Kyrgyz Republic, initiated by the Ministry of Water Resources, Agriculture, and Processing Industry, aimed at preventing violations of phytosanitary standards during the export of goods. Important aspects of foreign economic activity (FEA) are discussed at meetings held in the territorial offices of the Department of Chemicalization, Plant Protection, and Quarantine.

27.02.2026, 11:54
In 2025, 119 enterprises were put into operation in the KR, creating 8.4 thousand jobs.
Economy / Exclusive

In 2025, 119 enterprises were put into operation in the KR, creating 8.4 thousand jobs.

In 2025, 119 industrial enterprises were opened in Kyrgyzstan, which allowed the creation of 8,451 new jobs. This was stated by the Chairman of the Cabinet of Ministers Adylbek Kasymaliev at a republican meeting taking place in "Yntymak Ordo". Kasymaliev noted that $715.6 million was invested in the development of the industrial sector. “Over the past five years, the country's industry has undergone significant changes, accompanied by industrialization processes. This period has

27.02.2026, 11:45
The Business of Kyrgyzstan is Invited to Review Taxes
Economy

The Business of Kyrgyzstan is Invited to Review Taxes

The Deputy Minister of Economy of Kyrgyzstan, Iskender Asylkulov, opened the first meeting of the working group that will prepare significant changes to the country's tax legislation. As specified by the press service of the Ministry of Economy, this meeting marked the start of the reform of the Tax Code.

27.02.2026, 11:41
In 2025, 1.7 billion soms were allocated for the development of irrigation.
Economy / Exclusive

In 2025, 1.7 billion soms were allocated for the development of irrigation.

As part of the development of irrigation infrastructure in Kyrgyzstan, 1.7 billion soms were invested in 2025. This information was announced by the Deputy Prime Minister, who also holds the position of Minister of Water Resources, Agriculture, and Processing Industry, at a republican meeting in "Yntymak Ordo." According to him, design work is currently underway on 41 facilities, while construction is already ongoing at 33 sites.

27.02.2026, 11:35
Investments of up to $30 million in the "Sayakat" and "Dostuk" hotels
Economy

Investments of up to $30 million in the "Sayakat" and "Dostuk" hotels

In the capital of Kyrgyzstan, work continues on the major renovation and modernization of the hotel complex "Dostuk" and the tourist complex "Sayakat." According to the Directorate under the Office of the President of the Kyrgyz Republic, significant foreign investments have been attracted for these projects. In particular, a Russian company has invested $5 million in the "Sayakat" project, while between $15 to $25 million will be allocated for the complete

27.02.2026, 11:05
Kyrgyzstan and the EU will develop a plan to remove the republic's banks from sanctions
Economy

Kyrgyzstan and the EU will develop a plan to remove the republic's banks from sanctions

Photo of the Cabinet of Ministers. David O'Sullivan (left) and Daniyar Amangeldiev At a meeting between the First Deputy Chairman of the Cabinet of Ministers of Kyrgyzstan, Daniyar Amangeldiev, and the European Union's Special Envoy for Sanctions, David O'Sullivan, a joint plan aimed at lifting sanctions on the republic's banks was announced. During the discussion, issues related to the compliance and application of restrictive measures were addressed. Amangeldiev

27.02.2026, 10:43
Exchange rates in commercial banks of Kyrgyzstan as of February 27
Economy

Exchange rates in commercial banks of Kyrgyzstan as of February 27

Information is collected from the websites of various commercial banks. If you have any questions regarding the presented data, it is recommended to contact the respective banks directly. The data is current as of the time of publication. The exchange rates are indicated for cash transactions and may change throughout the day. For information on the official exchange rate of the National Bank of the Kyrgyz Republic and the exchange rates at currency exchange offices in Bishkek, please follow

27.02.2026, 10:38
Economy

The National Bank conducted the largest currency intervention since the beginning of the year

According to information from the National Bank, this was already the third intervention since the beginning of the year. In this operation, $162.55 million was sold with the aim of maintaining the stability of the som's exchange rate. Of this amount, $131.7 million was sold with settlements on the day of the transaction, while the remaining $30.85 million was settled for future dates.

27.02.2026, 09:28
Yuan Hits New High Again, Ruble and Tenge in the Red. Currency Rates on February 27
Economy

Yuan Hits New High Again, Ruble and Tenge in the Red. Currency Rates on February 27

Photo from the internet. The yuan sets records for the third consecutive day The Chinese yuan continues to demonstrate impressive results, reaching an all-time high. At the same time, the Russian ruble and the Kazakh tenge are showing a decline. The US dollar remains at the same level. This data was published by the National Bank of Kyrgyzstan and local exchange points in Bishkek. US Dollar:

27.02.2026, 09:19
Weekly fairs continue to operate in Bishkek and the regions
Economy

Weekly fairs continue to operate in Bishkek and the regions

Weekly fairs organized by local producers continue in Bishkek and other regions of the country. The Ministry of Water Resources, Agriculture, and Processing Industry of the Kyrgyz Republic has announced that the schedule for these events is planned until June 2026.

27.02.2026, 08:52
The Ministry of Transport and ADB Discussed Issues of Electric Mobility and Transport Digitalization
Economy / Exclusive

The Ministry of Transport and ADB Discussed Issues of Electric Mobility and Transport Digitalization

As part of the cooperation between the Ministry of Transport and Communications of the Kyrgyz Republic (KR) and the Asian Development Bank (ADB), key aspects related to the development of electromobility were discussed. The meeting, held on February 26, was organized with the participation of Deputy Minister of Transport and Communications B. Mombekov, who met with representatives of the ADB. The focus of the meeting participants was on issues related to the creation of infrastructure for

27.02.2026, 08:50
The Ministry of Agriculture of the Kyrgyz Republic approved 9 large-scale preferential lending projects
Economy

The Ministry of Agriculture of the Kyrgyz Republic approved 9 large-scale preferential lending projects

The Ministry of Water Resources, Agriculture, and Processing Industry of the Kyrgyz Republic is actively developing financial assistance for the agricultural sector. By the beginning of 2026, six state projects with a total cost of 7 billion 380 million soms have been successfully implemented in the country. In the near future, it is planned to increase the total number of programs to nine, which will allow achieving a record level of funding of 13 billion 180 million soms.

26.02.2026, 19:29
EABR Presents Forecast for the Survival of the Target Audience on the Brink of a Demographic Boom
Economy

EABR Presents Forecast for the Survival of the Target Audience on the Brink of a Demographic Boom

According to forecasts voiced by Nikolai Podguzov, Chairman of the Board of the Eurasian Development Bank (EABR), the population of Central Asia may reach 96 million by 2040. This will lead to unprecedented pressure on the region's vital systems. He noted that Central Asia is one of the fastest-growing regions in the world, but this growth brings serious ecological and logistical risks.

26.02.2026, 19:08
In Kyrgyzstan, loans at 3% have started to be issued for the purchase of pedigree livestock
Economy

In Kyrgyzstan, loans at 3% have started to be issued for the purchase of pedigree livestock

In Kyrgyzstan, a preferential lending program has been launched, provided by the State Bank "Eldik Bank" with the support of the Ministry of Water Resources, Agriculture, and Processing Industry. The main advantage of this program lies in the extremely low interest rate — only 3% per annum (with an effective interest rate of 3.04%), making loans particularly attractive for farmers.

26.02.2026, 18:59
New Minister of Agriculture Erlis Akunbekov Outlines Work Priorities
Economy

New Minister of Agriculture Erlis Akunbekov Outlines Work Priorities

Erlis Akunbekov, the new Minister of Water Resources, Agriculture, and Food Processing Industry, held his first meeting with the staff of the ministry, officially starting his duties. During this meeting, he got acquainted with the management team and noted that successful work depends on effective teamwork. Emphasizing continuity in work, Akunbekov stated that the ministry will continue to implement five key areas set by his predecessor Bakyt Torobaev. He expressed high appreciation for the

26.02.2026, 17:58
Economy / Exclusive

A New Manager Has Joined the Management of "O!Bank"

As a result of the board of directors meeting held on February 20, 2026, there were changes in the executive body of "O!Bank." According to information provided by the Kyrgyz Stock Exchange, Rasul Aitkeev has joined the management board and now holds the position of managing director and board member of OJSC "O!Bank." It is not specified whether he is replacing anyone in his new position.

26.02.2026, 17:36
Economy

The revenues of the republican budget of Kyrgyzstan continue to grow

According to data from the Ministry of Finance, in January 2026, the republican budget of Kyrgyzstan received 45 billion 970.5 million soms. Of this, tax revenues amounted to 40 billion 705.4 million soms, which represents a growth of 40.3%. In particular, the State Tax Service contributed 28 billion 766.2 million soms, while the State Customs Service contributed 11 billion 939.1 million soms.

26.02.2026, 16:47
Economy

What are the deadlines for businesses in the KR to submit reports and make payments for the unified tax?

In Kyrgyzstan, the deadlines for submitting tax reports and paying the unified tax depend on the category of business based on the total income for the year for entities using the simplified taxation system. The press service of the State Tax Service of the Kyrgyz Republic clarifies this information. According to the current tax legislation, entrepreneurs are divided into three categories: small, medium, and large businesses, depending on their income over the last 12 months.

26.02.2026, 16:46
Economy

In the State Insurance, they reported how much has already been paid out under OSAGO policies since the beginning of 2026.

Since the beginning of 2026, 325 car owners have received payments under their compulsory insurance policies (OSAGO) totaling approximately 33.5 million soms, as reported by Aktan Turumbekov, the director of the insurance and reinsurance department of Gosstrakh, in an interview on "Birinchi Radio". He noted that in the previous year, 2024, only 48 car owners received payments amounting to 4.3 million soms, while in 2025, the total amount of payments reached 86.5 million soms with 901

26.02.2026, 16:22
EU Special Envoy on Sanctions in Bishkek: What the European Union Demands from Kyrgyzstan
Economy

EU Special Envoy on Sanctions in Bishkek: What the European Union Demands from Kyrgyzstan

At a briefing in Bishkek, David O'Sullivan, the European Union's Special Envoy for Sanctions, stated that preventing the circumvention of sanctions will not affect Kyrgyzstan's economy. Photo 24.kg. EU Special Envoy for Sanctions David O'Sullivan — in the center He noted that Brussels is concerned about the sharp increase in the supply of machinery and radio equipment from Europe to Kyrgyzstan, which is allegedly then redirected to Russia. "These goods are not produced

26.02.2026, 15:14
It became known in which sectors Kyrgyzstanis earn the most.
Economy / Exclusive

It became known in which sectors Kyrgyzstanis earn the most.

According to data from the National Statistical Committee, the financial sector of Kyrgyzstan shows the highest average earnings, exceeding 67,000 soms. This information was presented by the Ministry of Labor, Social Security, and Migration. Indicators in the industry are also at a high level, averaging around 66,000 soms, while in the construction sector, the average salary exceeds 57,000 soms.

26.02.2026, 14:59
Economy

Kyrgyzstan Became the Fastest-Growing Economy in Central Asia by the End of 2025

The European Bank for Reconstruction and Development (EBRD) has updated its GDP growth forecast for Kyrgyzstan for 2026, raising it to 9%. In the previous analysis published in September 2025, the expectations were 6%. According to forecasts, economic growth will be 7% in 2027. According to data from the National Statistical Committee, the country's economy grew by 11.1% in 2025, which is 2.1% higher than the previously expected figure from the EBRD. According to the published data,

26.02.2026, 14:19
Economy

Chinese Guangdong Holdings is interested in the energy potential of Kyrgyzstan

A meeting between the Prime Minister of Kyrgyzstan, Adylbek Kasymaliev, and representatives of Guangdong Holdings Limited took place recently. During this meeting, Kasymaliev emphasized the importance of the National Investment Fund of the Kyrgyz Republic, noting that attracting foreign investments for the socio-economic development of the country is a key task. The head of government expressed readiness for further productive cooperation with the Chinese corporation, highlighting the strategic

26.02.2026, 14:12
Economy

The State Financial Supervision of Kyrgyzstan may become the main cryptocurrency regulator of the country

In the Kyrgyz Republic, the State Financial Supervision Agency may take a key role in regulating cryptocurrencies. This step has become possible thanks to a draft resolution prepared by the Ministry of Economy and Commerce. The document proposes amendments to the existing Law "On Virtual Assets" to designate a single authority responsible for control and monitoring in the field of cryptocurrencies.

26.02.2026, 13:45
A Business Council Took Place in London: How Did the British Evaluate Kyrgyzstan?
Economy

A Business Council Took Place in London: How Did the British Evaluate Kyrgyzstan?

Interest in tourism, the banking sector, and natural resources At the Kyrgyz-British business council held on February 25 in London, representatives of British companies expressed confidence in the investment attractiveness of Kyrgyzstan. This information was provided by the Ministry of Foreign Affairs of Kyrgyzstan. The main factors contributing to the positive assessment include economic growth, active development of the tourism industry, successful exploitation of natural resources,

26.02.2026, 13:33
The deputy proposed to develop the production of organic products.
Economy / Exclusive

The deputy proposed to develop the production of organic products.

In the Jogorku Kenesh, Deputy Mahabat Mavlyanova proposed the development of agritourism and organic product production. In her opinion, this direction could significantly increase the income not only of the state but also of residents in rural areas. She emphasized the need to protect clean waters and mountain landscapes to avoid pollution of nature with chemicals, which could lead to soil degradation. Mavlyanova noted that "Our ancestors cared for nature for centuries. We must leave

26.02.2026, 11:00
Economy

A Tax Calendar Presented to Kyrgyz Citizens: How to Use It

The state institution "Salyk Service" has announced the launch of a tax calendar designed to help citizens of Kyrgyzstan understand their tax obligations and payment deadlines. It also specifies the circumstances under which tax exemptions may be granted. As reported by the institution's press service, "even if a person is aware of taxes, it may be difficult for them to understand which specific obligations apply to them. The new calendar is created so that anyone can

26.02.2026, 10:55
Exchange rates in commercial banks of Kyrgyzstan as of February 26
Economy

Exchange rates in commercial banks of Kyrgyzstan as of February 26

Information about exchange rates has been collected from the websites of various commercial banks. If you have any questions regarding the presented data, we recommend contacting the banks directly. The data is current as of the time of publication. The exchange rates provided are for cash currency exchange and may change throughout the day.

26.02.2026, 10:45
A Tax Calendar for Citizens of Kyrgyzstan Has Been Developed: Simple and to the Point
Economy

A Tax Calendar for Citizens of Kyrgyzstan Has Been Developed: Simple and to the Point

The State Enterprise "Salyk Service" has presented a new tax calendar designed to simplify the tax payment process for citizens of Kyrgyzstan. This tool will help users understand which taxes they are required to pay, the deadlines for payment, and in what cases exemptions from payment may apply, as reported by the organization's press service. As specialists note, even with general information, citizens sometimes find it difficult to navigate their tax obligations. The new

26.02.2026, 10:41
Economy

The NESC will purchase gas-insulated switchgear for 112 million soms.

The National Electric Network of Kyrgyzstan (NESC) has initiated a tender for the purchase of gas-insulated switchgear designed for operation at voltages of 110 and 220 kilovolts. The total amount of the procurement will be 112 million soms. The company noted that the new equipment will enhance the reliability of high-voltage substations and improve the resilience of the entire energy system to emergency situations. There are also plans to modernize key nodes of the main electric networks.

26.02.2026, 09:43
British business highly values the investment potential of Kyrgyzstan and is ready to recommend the country
Economy / Exclusive

British business highly values the investment potential of Kyrgyzstan and is ready to recommend the country

On February 25, 2026, another meeting of the Kyrgyz-British Business Council took place in London, attended by the Minister of Foreign Affairs of the Kyrgyz Republic, Jeenbek Kulubaev. This was reported by the Ministry of Foreign Affairs of the Kyrgyz Republic. Representatives from the Ministry of Economy and Commerce, the Ministry of Finance, the National Bank of the Kyrgyz Republic, as well as the European Bank for Reconstruction and Development, along with participants from state and

26.02.2026, 09:40
The ruble hits a yearly high, the yuan sets a new record. Currency exchange rates as of February 26.
Economy

The ruble hits a yearly high, the yuan sets a new record. Currency exchange rates as of February 26.

Photo from the internet. Dynamics of the Chinese yuan and Russian ruble against the backdrop of records Against the backdrop of recent changes, the official exchange rate of the Chinese yuan has reached a new historical maximum. At the same time, the Russian ruble is also showing stable growth, updating record values for 2026. The euro has slightly strengthened, while the Kazakh tenge, on the contrary, has depreciated. The US dollar has remained at the same level. This data was presented by

26.02.2026, 09:32
Kyrgyzstan and the United Kingdom discussed investments in IT and mountain resorts
Economy

Kyrgyzstan and the United Kingdom discussed investments in IT and mountain resorts

Photo of the Ministry of Foreign Affairs of the Kyrgyz Republic. Jeenbek Kulubaev (center) at the Kyrgyz-British Business Council Recently, a meeting of the Kyrgyz-British Business Council took place in London, attended by the Minister of Foreign Affairs of Kyrgyzstan Jeenbek Kulubaev. This was reported by the press service of the republic's foreign ministry. According to the press service, the event was also attended by the ministers of economy and finance, as well as representatives of

26.02.2026, 08:12