Economy
The land is not prepared for winter. Torobaev urges farmers to expedite preparations.
The minister emphasizes the risk of moisture shortage in spring
08.12.2025, 21:00
The minister emphasizes the risk of moisture shortage in spring
In particular, a temporary suspension of income tax is possible Deputy Chairman of the State Tax Service Kubanychbek Isabekov announced in an interview about the upcoming changes in tax conditions for sewing enterprises in Kyrgyzstan.
At a recent meeting of the Cabinet of Ministers of Kyrgyzstan, Adylbek Kasymaliev announced that by 2025, the consolidated budget will exceed 1.1 trillion soms. This will be the first time the country surpasses the "historic trillion mark." The previously approved budget of 708.8 billion soms has been revised, and by the end of the year, its value increased by 381.7 billion soms, reaching 153.8 percent of the initial figure.
There are now 22 banks in Kyrgyzstan
The coin symbolizes national traditions and rituals On December 8, 2025, the National Bank of Kyrgyzstan began the release of a silver commemorative coin named "Tushoo Kesu," which is part of the series "Kyrgyz Customs and Rituals." This information was announced by representatives of the financial regulator.
China has reached an important milestone in its trade: according to the country's General Administration of Customs, the surplus in merchandise operations has exceeded 1 trillion US dollars for the first time. This is reported by the Financial Times. According to the publication, from January to November 2025, the total surplus amounted to 1 trillion 76 billion dollars. The main factor behind this growth was the high level of exports, despite weak domestic demand and slow import growth.
On December 5, a new cooperative project aimed at the production of system units for personal computers was approved at a meeting of the Eurasian Economic Commission Council. One of the companies from Kyrgyzstan is participating in this project, and subsidies from the EAEU budget are also planned. According to the Ministry of Economy and Commerce of the Kyrgyz Republic, the initiator of the project is PJSC "Sberbank" (Russia). The implementation is carried out by the Russian company
In the world, there is an active struggle for rare earth metals, in which China holds a dominant position, dictating its terms. European countries and the USA, seeking to find new sources, have begun to pay attention to Central Asia. And while the region has reserves that could attract interest, the question is whether Kyrgyzstan will be able to take advantage of this opportunity. Monopoly and the Need for Rare Earth MetalsRare earth metals, which comprise a group of 17 elements, are found in
Today, at the meeting of the Eurasian Economic Commission Council, a decision was made that goods in electronic commerce valued up to 200 euros can be imported into the territory of the EAEU countries without paying customs duties. Kyrgyzstan was represented at this meeting by Daniyar Amangeldiev, the First Deputy Chairman of the Cabinet of Ministers. Several other significant issues were also discussed on the agenda of the EEC Council.
The Ministry of Economy and Commerce of the Kyrgyz Republic has presented a detailed instruction that will assist entrepreneurs engaged in the export of goods, including textile products, to Russia. This information was posted on the official website of the agency. According to the provided data, the purpose of creating the document is to simplify and standardize all procedures faced by exporters when sending goods to EAEU countries.
The main task is to increase export volumes
The Council of the Eurasian Economic Commission has given the green light to a cooperative project aimed at creating system units for personal computers. This project, which involves a company from Kyrgyzstan, will receive funding from the EAEU budget, as reported by the press service of the Ministry of Economy and Commerce of Kyrgyzstan. The applicant for the project is PJSC "Sberbank" (Russia), and its implementation will be carried out by the Russian company LLC "Beshtau
The Deputy Prime Minister of the Kyrgyz Republic and Minister of Water Resources, Agriculture, and Processing Industry, Bakyt Torobaev, urged rural residents and farmers to pay attention to the importance of autumn fieldwork. This was reported by the press service of the Ministry of Agriculture of the Kyrgyz Republic.
The entrepreneur discussed the concept of "tokenized gold" At the Binance Blockchain Week 2025 held in Dubai, Changpeng Zhao, the founder and former CEO of the cryptocurrency exchange Binance, demonstrated a gold bar mined in Kyrgyzstan to the event participants.
According to the National Statistical Committee, as of October 1, the total wage arrears in the country reached 79.9 million soms. The largest portion of this amount is attributed to workers in the Chui region (34.8%) and the Jalal-Abad region (31.3%), as well as the capital Bishkek (9.5%).
As of December 8, there are 243.65 thousand tons of coal stored at the heating plants in Bishkek. This information was announced by the press service of the city administration. Photo by the press service of the Bishkek city administration. Photo by the press service of the Bishkek city administration. Photo by the press service of the Bishkek city administration. Photo by the press service of the Bishkek city administration. To successfully get through the autumn-winter season of 2025-2026,
According to data provided by the Kazakh holding "Samruk-Energo," from January to September of this year, Kyrgyzstan reduced its electricity imports from Russia by 3.1% compared to the same period last year. The total volume of electricity supplied to Kyrgyzstan from the supplier "Inter RAO" amounted to 244.9 million kWh.
As of now, in 2025, the National Bank has conducted currency interventions totaling $673.5 million, according to the regulator's analysis data. From January 13 to December 5, seven interventions were carried out, during which foreign currency was sold. Of this amount, $318.9 million was sold with settlement on the transaction day, while the remaining $354.6 million was delivered on later dates.
The agricultural fair in the city of Kant, located in the Chuy region, surprised visitors with the variety of honey. This information was provided by the press service of the city hall in an interview with a Turmush correspondent.
According to an analysis conducted by the EEC, from January to September, consumer prices for food products in the EAEU increased by 4% compared to December of last year. The highest price growth for food products is observed in Kazakhstan, where the index rose by 9.9%, followed by Belarus with 6.9% and Kyrgyzstan with 6.2%.
In Shopokov, a visit was held by the Minister of Water Resources, Agriculture, and Processing Industry Bakyt Torobaev to the production facilities of LLC "Ekoprodukt Asia." During his visit, he got acquainted with the current reconstruction projects and future plans of the enterprise, as reported by the press service of the Ministry of Agriculture of the Kyrgyz Republic. The company's management guided the minister through various production areas, where zones undergoing
Starting from December 8, the National Bank is launching into circulation a silver collectible coin called "Tushoo Kesuu," which is part of the series "Kyrgyz Customs and Traditions," aimed at popularizing and preserving national traditions.
At a recent meeting of the Eurasian Economic Commission Council, key aspects of the implementation of the Strategy-2025 and the development of electronic commerce among EAEU countries were discussed. This information was published by the EEC. Among the decisions made is the labeling of various categories of products, including food, perfumery, and cosmetic products, as well as personal hygiene items and household chemicals using identification means.
The Deputy Prime Minister and Minister of Water Resources, Agriculture, and Processing Industry Bakyt Torobaev expressed his concern about the slow pace of autumn agricultural work, urging farmers to increase their activity. This was reported by the press service of the Ministry of Water Resources and Agriculture. According to the ministry, of the total arable land of 1.25 million hectares, 800 thousand hectares are irrigated, while 400 thousand hectares are rain-fed lands.
The National Bank of Kyrgyzstan has published the exchange rates for December 8: The dollar rate remains at 87.45 soms, while the euro has decreased in value against the national currency, and the ruble, on the contrary, has strengthened.
Sadyr Japarov, the president of Kyrgyzstan, has signed a decree aimed at supporting the country's jewelry industry. This document, titled "On Measures to Support Certain Sectors of the Economy," aims to develop jewelry production and support local manufacturers, as reported by the Tax Service. The decree includes various support measures and benefits for companies operating in this sector.
Information was gathered from the websites of commercial banks. If you have any questions regarding the provided data, we recommend contacting the banks directly. The data is current as of the time of publication. The indicated rates are intended for cash currency exchange and may change throughout the day.
Starting from December 8 of this year, a silver collectible coin "Tushoo Kesuu," belonging to the series "Kyrgyz Customs and Traditions," will be put into circulation. This was reported by the press service of the National Bank. The main goal of issuing this coin is to "support and promote national traditions and customs."
In Kara-Kul, located in the Jalal-Abad region, inspections were organized on December 6 in meat shops and points of sale selling coal, with the aim of monitoring prices and preventing their unjustified increase. Representatives of the city administration, the antimonopoly agency, as well as police officers, municipal property management, and sanitary-epidemiological and veterinary services participated in the events.
This year, visitors to the Christmas market in Bishkek were able to enjoy the festive atmosphere from the moment they arrived at the "Steinbroi" restaurant, where accordion music created a cozy setting. The fair featured a variety of goods: from agricultural products and homemade baked goods to traditional decorations and dolls. Sets of Christmas gingerbread, cookies, and jams were particularly popular, quickly finding their buyers.
Individuals have also been exempted from penalties and fines In Kyrgyzstan, President Sadyr Japarov signed a decree "On measures to support certain sectors of the economy," which exempts the sale of motor vehicles from taxes for a period of three years.
As of December 8, the exchange rates at currency exchange points according to the Moscow City Council are as follows:
According to information provided by the National Bank, from January to September 2025, more than $13.8 million was transferred to Kyrgyzstan from the United States. In 2024, the total volume of money transfer transactions by individuals from the USA to Kyrgyzstan amounted to $54.9 million.
Photo from the internet. The Russian ruble has updated its annual maximum for the third consecutive time According to information provided by the National Bank of Kyrgyzstan and exchange points in Bishkek, the official exchange rate of the ruble has increased, while the rates for the euro, Kazakh tenge, and Chinese yuan have decreased. The dollar rate remained unchanged. US Dollar:
In southern Kazakhstan, near the border with Uzbekistan, about 11 thousand wagons have accumulated, most of which are carrying grain. Some of them have already been stationary for six days. The reasons for this congestion were explained by representatives of the national company "Қазақстан темір жолы" to the 24KZ film crew.
In November 2025, global prices for key food products continued to decline, with the exception of the situation regarding grain crops. This data was published by the Food and Agriculture Organization of the United Nations (FAO) in an official report. According to the FAO, the food price index in November stood at 125.1 points, which is 1.2 percent lower than the figure recorded in October. Thus, the decline has been ongoing for three months.
Since the beginning of this year, an increase in consumer prices and tariffs has been recorded in all corners of Kyrgyzstan, as evidenced by statistical data. The largest price increase occurred in Osh, where prices rose by 7.5 percent, attributed to the rise in the cost of alcoholic beverages and tobacco products by 10.9 percent.
On December 6, a fair was held in Kara-Kul at the large Saturday market, organized to provide local residents with affordable food and ensure food security. City officials, as well as representatives from local institutions and enterprises, participated in the event.
The tax service is tightening control over sellers of alcoholic beverages
The Council of the Eurasian Economic Commission has decided to allocate subsidies from the budget of the Eurasian Economic Union to support two new projects under the industrial cooperation financing mechanism. This was reported by the press service of the EEC. According to the commission's information, one of the projects is being implemented jointly by the Russian company "Beshtau Electronics," the Belarusian LLC "Nero Electronics," and the Kyrgyz LLC
During the opening ceremony of new energy facilities in Tashkent on December 5, President Shavkat Mirziyoyev emphasized the importance of regional cooperation in the energy sector and the need to form a unified energy market. He recalled initiatives such as the construction of the Kambarata HPP-1 and the creation of a "green corridor." An important step will be the installation of solar stations in 300 mahallas, based on China's experience, with the involvement of local
On his YouTube channel, Klinkov claims that the U.S. national debt has exceeded 36 trillion dollars. However, in his opinion, this does not pose a real threat to the country. He explains that the United States primarily borrows money from its citizens, banks, and companies, which indicates a high level of trust in the government and the dollar. People continue to invest in bonds, and the government channels these borrowed funds into the economy, providing income to the population.
In the Kochkor district, a social fair has started, where residents can purchase meat products at reduced prices. This event is aimed at supporting local producers, stabilizing the market, and ensuring food accessibility for socially vulnerable groups. The fair is organized by the Kochkor District State Administration, the district agricultural development management, village administrations, and the company OsOO "Adal-Azyk" ("Toyboss").
Every year, Global Finance magazine publishes a ranking called Central Banker Report Cards. This year, the list includes the Chairman of the Board of the National Bank of Kyrgyzstan, Melis Turgunbaev. Photo from the archive. Melis Turgunbaev, head of the National Bank of Kyrgyzstan, has been included in the Central Banker Report Cards ranking by Global Finance
At a meeting held by the Eurasian Economic Commission, the Minister for Integration and Macroeconomics of the EEC, Daniyar Imanaliev, reported on the high growth rates of Kyrgyzstan's gross domestic product (GDP) in 2025. During the discussion of the preliminary results of economic development in the member countries of the union, it was noted that GDP growth rates remain high in three EAEU states: Armenia (6%), Kazakhstan (6.3%), and Kyrgyzstan (10%). Meanwhile, Belarus and Russia are
Over the past week, there has been an increase in prices for goods such as rice, potatoes, cucumbers, peppers, pears, sugar, milk, eggs, and vegetable oil in Bishkek. At the same time, tomatoes, carrots, cabbage, and apples have become cheaper. As a result, the cost of the minimum grocery set increased by 454 soms, amounting to 6,927 soms.
At the recent business forum "Platform for Economic Cooperation between Korea and Central Asia 2025" held in Bishkek, opportunities for investment in Kyrgyzstan were presented to Korean entrepreneurs. Damirbek Bikulov, Deputy Director of the National Investment Agency under the President of the Kyrgyz Republic, reported in his speech that in 2024, trade turnover between Kyrgyzstan and South Korea will exceed 435 million US dollars.
The first food fair was held in the Manas district of the Talas region. Every Friday, this event is organized at the livestock market "Mamil Ake" to prevent unjustified price increases on products, as well as to ensure food security and price stability.