Gold and silver prices have sharply fallen in global markets, which is a result of a significant increase in the previous week. As a consequence, the buyback price of the National Bank's gold bars has also decreased. Currently, the prices are as follows:
At the meeting of the relevant committee of the Jogorku Kenesh, which deals with issues of finance, budget, business, and competition development, a draft law concerning the transfer of profits from the National Bank of the Kyrgyz Republic to the budget was approved. According to this draft law, the entire amount of the National Bank's profit, namely 100%, will be directed to the republican budget after the financial statements are confirmed by an independent audit.
According to the Ministry of Finance, in 2025, Kyrgyzstan collected 164 billion soms from the value-added tax (VAT). Of this amount, 43.8 billion soms came from VAT on goods and services produced in the country; 49.4 billion soms from VAT on goods imported from EAEU countries; 67.5 billion soms from goods from third countries; 1.2 billion soms from VAT on electronic services provided by foreign companies; and 1.9 billion soms from VAT withheld by tax agents.
In Kyrgyzstan, a special methodological guide has been created for the rapid assessment of pasture conditions across the country, as reported by Natalia Kilyazova, head of the Pastures and Forage Department of the Kyrgyz Scientific Research Institute of Animal Husbandry and Pastures, which is subordinate to the Ministry of Water Resources, Agriculture, and Processing Industry. This methodology was developed in collaboration with the Institute of Pastures and Forages and the Veterinary Service
At the farmers' fair held at the Turdakun Usubaliev Square in Bishkek, the Minister of Water Resources, Agriculture, and Processing Industry, Bakyt Torobaev, shared his vision of the situation in the poultry meat production sector with journalists from VB.KG, highlighting that it is currently an affordable and socially significant product.
A round table was held at the State Antimonopoly Service, where current issues were discussed with the owners of public catering establishments. According to information provided by the Antimonopoly Regulation Service under the Ministry of Economy and Commerce, cafes and restaurants agreed to reduce prices by 10% on dishes ordered for takeout. The round table gathered representatives of government agencies and owners of public catering to discuss the implementation of the law prohibiting
The President of the Kyrgyz Republic, Sadyr Japarov, signed a decree to establish a consortium that will support small and medium-sized enterprises in the country. This step is aimed at uniting the efforts of various government structures, financial institutions, educational establishments, and international partners to enhance the effectiveness and transparency of entrepreneurship support. The decree is based on Articles 66 and 71 of the Constitution of the Kyrgyz Republic and includes several
Leonid Slutsky, the head of the LDPR party, has proposed an initiative that could significantly impact the textile industry in Kyrgyzstan. He suggests introducing VAT on imported light industry goods if similar products are already available in the Russian market. While this initiative aims to limit the influence of Western and Asian brands, it may also affect partner countries in the Eurasian Economic Union, particularly Kyrgyzstan.
The government of Kyrgyzstan has presented a draft resolution for public discussion, which includes new financial obligations for key sectors of the economy and social sphere, as well as regulates the process of their provision in regions with special conditions for investment. This document is based on Article 63 of the Budget Code and the laws "On Investments," "On the Status of Batken Region," and "On the Cabinet of Ministers." The main goal is to create an
At a recent meeting of the Eurasian Economic Commission (EEC) Council in Moscow, a number of strategic initiatives aimed at supporting the agricultural sector of Kyrgyzstan were adopted. One of the main outcomes achieved by the delegation led by First Deputy Prime Minister Daniyar Amangeldiev was the receipt of a tariff concession for the import of 20,000 tons of raw cane sugar. This measure, effective until the end of 2026, will allow local producers to operate with maximum efficiency and
As a result of the audit conducted by the Audit Chamber of the Kyrgyz Republic, financial and procedural violations were discovered in the Ministry of Transport and Communications for the year 2024. The press service of the ministry reported that the audit covered both the execution of the republican budget and the economic activities of the ministry and its subordinate enterprises. As a result of the audit, recommendations and directives were issued, and the identified violations are subject
At the sowing fields of the "Kyrgyzmamasyltukum" plant, Minister of Agriculture Bakyt Torobaev held a meeting with farmers, during which he discussed the importance of using the mineral fertilizer carbomint to improve yields. This was reported by the Ministry of Water Management and Agriculture. During his speech, the minister stated that winter wheat was sown on an area of 50 hectares in accordance with all agronomic standards. Before the sowing work began, a soil analysis was
An important agreement regarding the implementation of additive technologies in the renewable energy sector of Kyrgyzstan was signed in Bishkek, as reported by the State Corporation "Rosatom".
, Maxim POLETAEV Kirill Khomyakov, the regional director of Binance for Central and Eastern Europe, as well as Central Asia and Africa, discussed in an exclusive interview with 24.kg why Kyrgyzstan has become a priority for the company, what cryptocurrencies are in simple terms, how beginners can avoid fraud, and why the country needs a digital som. Photo 24.kg Information from 24.kg Binance is the world's largest ecosystem for working with cryptocurrencies and an international trading
The Council of the Eurasian Economic Commission has decided to continue monitoring based on the annual report, which analyzes the achievements of the EAEU countries in the development of railway, road, and port infrastructure that make up the Eurasian transport corridors. According to Arzybek Kozhoshev, the Minister of Energy and Infrastructure, the conducted analysis shows that the member states of the "five" together with the EEC are carrying out comprehensive work to improve the
In a letter signed on behalf of business associations, it is emphasized that the draft resolution concerning the designation of the State Insurance Organization as the national operator for reinsurance raises serious concerns about the stability of the insurance market and the investment climate in the country. Kaktus.media publishes the full text of the appeal:
On February 1, Kubanychbek Kulov, former director of the Kyrgyz Scientific Research Institute of Irrigation, celebrates his 75th anniversary. In his reflections, he raises an important issue of the 21st century — the melting of glaciers and the future of water resources in Kyrgyzstan. This article is dedicated to his colleague Vitaly Shablovsky, an outstanding specialist in the field of water resource management automation, whose developments are attracting interest both in the CIS and beyond.
The National Bank of Kyrgyzstan presented the exchange rates for foreign currencies as of February 2 as follows: Although the dollar rate remains stable, the euro continues to lose value. At the same time, the Russian ruble is showing signs of strengthening.
In 2025, Tajikistan significantly increased its electricity export volume, raising it by 37.3% compared to the previous year. According to the relevant ministry, the total volume of supplies abroad amounted to 5.356 billion kWh. The key partners that provided the main foreign currency earnings were Afghanistan, Uzbekistan, and Kyrgyzstan, which allowed the republic to earn $97.3 million (913 million somoni).
Citizens are concerned about the safety of their savings As a result of the sharp decline in gold prices on the international stage, many Kyrgyz citizens have started actively selling their gold bars to the 'Kyrgyzaltyn' store. Eyewitnesses on social media report long lines of those wishing to sell. Local residents are deciding to sell the gold bars they purchased earlier, aiming to preserve their investments in the precious metal. It is important to note that anyone interested can
Information about exchange rates was collected from the websites of commercial banks. If you have any questions regarding the provided data, it is recommended to contact 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. You can check the official exchange rate of the National Bank of the Kyrgyz Republic and the exchange rates in exchange offices in Bishkek here.
Bakyt Torobayev, who holds the position of Deputy Chairman of the Cabinet of Ministers and Minister of Water Resources, Agriculture, and Processing Industry, visited a farmers' fair held at the Turdakun Usubaliev Square in Bishkek. During the visit, he not only familiarized himself with the presented assortment but also identified pressing issues faced by domestic producers. The minister paid attention to each sector as he walked past the trading rows. In a conversation with beekeepers,
The holding "Kyrgyzindustry" was founded in 2022 with a charter capital of 1 billion soms. In the same year, the government transferred the production facilities of the Bishkek stamping plant to the operational management of this company, which was supposed to facilitate the modernization and management of state assets. Promises of development, budget support, and the presence of state orders created the impression of favorable conditions for successful operation. However, the reality
Photo by the National Bank of the Kyrgyz Republic. Gold bullion bars At the end of last week, there was a sharp crash in the international precious metals market, leading to significant losses. The total capitalization of the sector decreased by more than $7 trillion, which came as a shock to many investors. Gold, traditionally viewed as a safe asset, fell by 13.6%. The price of an ounce dropped below $4,900, resulting in a $5 trillion decrease in the overall capitalization of gold.
The corporation "Rosatom" is ready to implement additive technologies in the hydroenergy sector of Kyrgyzstan, as reported by the company's press service. The signed agreement opens up new opportunities for the application of 3D printing in the production of equipment for both new and existing hydroelectric power stations. As part of this collaboration, joint work is planned on the preparation of pre-project and project documentation, as well as the supply of necessary equipment
As part of his working trip, the Minister of Water Resources, Agriculture, and Processing Industry, Bakyt Torobaev, visited the State Enterprise "Kyrgyzmamasyltukumzavod," located in the village of Frunze in the Sokuluk district. He familiarized himself with the process of implementing reclamation technologies aimed at improving degraded arable land, as well as the use of modern agricultural machinery. According to the Ministry of Agriculture, a unit was demonstrated at the
Photo from the internet. In recent days, the Russian ruble has shown instability — its value is fluctuating. According to information provided by the National Bank of Kyrgyzstan and exchange points in Bishkek, there is an increase in the official rates of the Russian ruble and the Kazakh tenge, while the euro and the Chinese yuan are losing value. The dollar rate remains unchanged. US Dollar:
The "30+20+10" initiative from the Ministry of Water Resources, Agriculture, and Food Processing emphasizes the development of the processing sector, which serves as a link between local farmers and global markets. As part of this project, employees of the Department of Processing and Organic Agriculture visited LLC "Noigut and Co" — a company aimed at becoming a leader in the drying and deep processing of fruits and berries in the region.
The Ministry of Water Resources, Agriculture, and Processing Industry reported that Kyrgyzstan has received a tariff concession for the import of raw materials necessary for sugar production. This decision was made in Moscow during a meeting of the Eurasian Economic Commission (EEC), where the concession was officially announced.
On the morning of February 2, the exchange rates of major foreign currencies at the Moskovsky Soviet exchange points are as follows:
The portal valuta.kg has presented data on the exchange rates of foreign currencies in commercial banks and exchange offices. As of February 2, 2023, the exchange rates in Bishkek are as follows:
In the Sokuluk District, in the village of Frunze, Deputy Prime Minister Bakyt Torobaev conducted a working visit to the state enterprise "Kyrgyzmamasyltukumzavod." During the visit, he familiarized himself with new reclamation methods aimed at restoring degraded arable lands, as well as modern agricultural machinery. This information was announced by the press service of the Ministry of Water Management and Agriculture.
At the meeting of the Coordination Council, held at the Ministry of Water Resources, Agriculture, and Processing Industry of the Kyrgyz Republic, experts and responsible specialists were present. Participants discussed the implementation of projects related to irrigation and providing the population with clean drinking water, and heard reports from various departments.
According to the Ministry of Water Resources, Agriculture, and Processing Industry of the Kyrgyz Republic, one of the main directions of agricultural policy remains the development of breeding livestock. Given the high cost of breeding animals, the ministry recommends that farmers consider switching to artificial insemination, which represents a more cost-effective alternative to purchasing expensive livestock.
Farmer markets were held in the Aksy and Ala-Buka districts, organized at the initiative of the Ministry of Water Resources, Agriculture, and Processing Industry. These events, conducted by the district agricultural development administrations, aimed to provide the population with quality food products at affordable prices.
In Kyrgyzstan, a working meeting took place between representatives of government agencies and entrepreneur Mirbek Askaliev, who appealed to the president for support of domestic automotive production. This information was published by the businessman on his Facebook page. According to Askaliev, after his appeal to the president, representatives of the National Investment Agency contacted him and organized a meeting involving several ministries.
On the central market of Naryn, a new municipal meat shop was opened, as reported by the press service of the Ministry of Agriculture of the Kyrgyz Republic. This event took place on January 29 and aims to provide local residents with quality meat at prices lower than the market average. The shop's operations are organized to eliminate intermediaries: the meat comes directly from local farmers. This approach not only reduces the cost of the final product for consumers but also creates
The global precious metals market has experienced an unprecedented decline. In just 36 hours, the total market capitalization of the sector decreased by more than $7 trillion. Experts are calling this event the largest collapse in recent decades, according to Bloomberg. The price of silver fell the most sharply, losing over 30% of its value, dropping below $85 per ounce. As a result, this sector lost about $1.96 trillion of its market value. Photo Bloomberg. Exchange data on precious metals
A recent meeting held by the Ministry of Water Resources, Agriculture, and Processing Industry of the Kyrgyz Republic focused on updating the agricultural machinery fleet. The event took place at the "Avtomash Radiator" company, where modern equipment was presented to farmers, and the terms of preferential lending were explained. Ministry specialists emphasized that agricultural producers can take advantage of the opportunity to purchase equipment through "Aiyl Bank" and
According to Bloomberg, the European Union intends to impose new sanctions against Kyrgyzstan in response to the support provided to Russia. As part of the discussed package of measures aimed at Russia, a mechanism aimed at preventing circumvention of sanctions is planned to be applied for the first time, which will affect the export of certain equipment to Kyrgyzstan.
In the Sokuluk district, an on-site meeting was held with representatives of the Ministry of Water Resources, Agriculture, and Processing Industry of the Kyrgyz Republic. The purpose of the event was to familiarize with the activities of the companies "Salem Agro" and "Agroturk," as well as to study the opportunities provided by modern suppliers of agricultural machinery. During the visit, it was emphasized that farmers can update their technical fleet with the support of
The European Commission has officially approved the import of honey from Kyrgyzstan into the territory of the European Union. This product has been included in a special list of the EU technical regulation, confirming that the control and certification system in Kyrgyzstan meets strict European standards.
> From November 1, 2025, to January 29, 2026, 159,132 citizens took advantage of the new self-ban mechanism on lending, which was introduced through the mobile application "Tündük," according to data published by the National Statistics Committee. This initiative was launched to ensure the financial security of the population and protect personal data from potential fraudulent schemes. To impose a self-ban on loans through the "Tündük" application, follow these steps: •
On January 29, the board of the National Bank approved a resolution regarding foreign currency exchange operations. According to resolution No. 2026-P-12/6-1-(NPA), the action of the previous National Bank resolution No. 2022-P-33/45-2-(NPA) "On Temporary Solutions in the Field of Foreign Currency Exchange Operations" dated July 22, 2022, is suspended until August 1, 2026.
The price of gold on international markets has experienced the sharpest decline in recent months. After reaching a historic high, the quotes sharply changed direction and lost almost 12 percent in just two days, falling below the mark of $5,000 per ounce, as reported by RBC. The trend shift began on January 29, when April futures on the CME reached a record of $5,626.8 per ounce. However, by the end of trading, they had dropped to $5,126, marking the most significant intraday fluctuation of the
As of October 1 of last year, the total external debt of the countries in the Eurasian Economic Union exceeded $2.5 trillion, according to data from the Eurasian Economic Commission. Russia continues to hold the leading position in terms of external debt obligations, followed by Kazakhstan and Belarus. Kyrgyzstan and Armenia, despite having lower absolute debt values, demonstrate higher growth rates in borrowing.
On January 29, a staff meeting was held at the Uzgen City Hall. The meeting was opened by the mayor of the city, Eldos Taev, who introduced the new lawyer, Ruslan Egemkulov. In his speech, the mayor focused on the results of the work done in 2025 and outlined the main goals, tasks, and priority areas for 2026. He emphasized the need to strengthen order, responsibility, and executive discipline.
On January 30, a meeting took place in Bishkek between Bakyt Sydykov, the Minister of Economy and Commerce of Kyrgyzstan, and Yoshifumi Yoshikawa, Vice President of the Japan International Cooperation Agency (JICA). According to information provided by the agency, the meeting discussed the long-standing and successful cooperation between the government of Kyrgyzstan and JICA within the framework of various joint initiatives. Bakyt Sydykov presented the goals of the Kyrgyz Republic's