According to forecasts by JPMorgan, by the end of 2026, the price of gold could rise to $6,300 per ounce. This is stated in an analytical note from specialists at the American financial conglomerate JPMorgan. Such dynamics are expected to lead to a price increase of 33% compared to current levels.
At the meeting of the Eurasian Economic Commission Council, held on January 30 of this year, a decision was made to grant Kyrgyzstan tariff preferences for the import of a number of goods that have social and economic significance. These measures are aimed at supporting the agro-industrial sector, ensuring the domestic market, and curbing price increases, as reported by the press service of the Ministry of Agriculture of Kyrgyzstan. According to the new rules, the import of beef (fresh,
The Department of Chemicalization, Plant Protection, and Quarantine, which is part of the Ministry of Agriculture of the Kyrgyz Republic, has announced the introduction of strict control measures for the import of seedlings, which are classified as products with a high phytosanitary risk. According to the press service of the department, every seedling crossing the country's border must undergo a multi-level inspection. This includes a detailed check of documents and certificates, as well
At a meeting of the committee of the Jogorku Kenesh, which deals with industrial policy, transport, the fuel and energy complex, architecture, and construction, deputies adopted amendments to the law "On Renewable Energy Sources" in the second and third readings. According to the changes, instead of allocating 1% of the total volume of produced energy to local self-governments, as provided for in the current legislation, renewable energy facilities will now be required to transfer 1%
OJSC "Optima Bank" announced changes in its management, according to information provided by the Kyrgyz Stock Exchange. In particular, Adal Izmukhanov, who had held the position of First Deputy Chairman since 2021, has left his position.
As a result of the meeting of the Eurasian Economic Commission Council held on January 30, several decisions were made aimed at supporting the agro-industrial sector of Kyrgyzstan. This information was provided by the Ministry of Water Resources, Agriculture, and Processing Industry of the Kyrgyz Republic. According to the agency's information, the new documents provide for exemption from import customs duties for a number of goods that have significant social and economic importance,
The decree on the establishment of a consortium aimed at supporting small and medium-sized enterprises was signed by President Sadyr Japarov. This new body will bring together government institutions, financial organizations, educational institutions, and international partners, which should contribute to increasing transparency and efficiency in policy in this area.
At the last meeting of the Eurasian Economic Commission Council, several decisions were made aimed at supporting the agro-industrial sector of Kyrgyzstan. According to the new documents, the Republic will receive tariff benefits exempting it from paying import customs duties on a number of key goods imported for domestic consumption and processing. This was reported by the Ministry of Agriculture and Water Resources. According to the information, benefits will be provided for the following
On February 4 and 5, the second business forum "B5+1" will take place in Bishkek, as reported by the information support department of the Cabinet of Ministers of the Kyrgyz Republic. According to the statement, this high-level forum is organized in collaboration with the government of the Kyrgyz Republic and will provide a platform for dialogue between business representatives and authorities from Central Asia and the United States. The main goal of the event is to develop regional
At this meeting, a number of decisions were made aimed at strengthening the economic and food security of the member countries of the Union. One of the key points was the provision of a tariff benefit to Kyrgyzstan for the import of raw cane sugar. In 2026, the republic will be exempt from paying import customs duties on 20,000 tons, which will be an important support for local processing enterprises and help stabilize prices in the domestic sugar market.
Xi Jinping, the Chairman of the People's Republic of China, has proposed the initiative for the yuan to become a global reserve currency, as reported by the Financial Times. In his opinion, the country needs to create a "strong currency" that can be effectively used in international trade, as well as in investment and currency markets.
Photo from the internet. In recent days, the Russian ruble has shown instability, fluctuating between growth and decline. According to information provided by the National Bank of Kyrgyzstan and exchange points in Bishkek, the official exchange rates for the euro, Russian ruble, Kazakh tenge, and Chinese yuan have decreased, while the dollar has remained at the same level. US Dollar:
A draft resolution concerning the budget of Bishkek for 2026 and the planned period of 2027-2028 has been put up for public discussion. The full text of the document is available here. According to information from the city hall, the revenue part of the capital's budget for the upcoming year is expected to amount to 32 billion 873 million 616.8 thousand soms, including targeted transfers from the republican budget.
In the Chui region of Chui Oblast, a food fair was held, organized by the Ministry of Water Resources, Agriculture, and Processing Industry of Kyrgyzstan as part of the fight against high prices. At this event, local residents had the opportunity to purchase products directly from producers, which helps avoid markups associated with intermediaries. Thus, the price of onions was only 16 soms, potatoes were sold for 37 soms, and fresh meat could be bought starting at 680 soms per kilogram.
On the morning of February 3, the exchange rates at the Moskovsky Soviet are presented as follows:
As of February 3, 2026, the National Bank has established official exchange rates against the Kyrgyz som. Comparing with the rates that were in effect on January 31, 2026, the following changes can be noted:
At a meeting held between the head of the National Investment Agency, Ravshanbek Sabirov, and a delegation of Chinese companies, including Shanghai Minghou Xufu Business Consulting Management Co., Ltd. and Anté Lingkun (Shanghai) Technology Co., Ltd., the prospects for cooperation in the field of digitalization were discussed. The information was provided by the agency's press service. Photo of the NIA
Farmers can submit soil samples for laboratory analysis of nutrient content to official laboratories. The press service of the Ministry of Water Management and Agriculture of the Kyrgyz Republic provided information on the relevant addresses. Chuy Region: Central Specialized Control and Toxicology Laboratory. Address: village of Kozhomkul, Sokuluk District (formerly Voenno-Antonovka), Toktogul Street, 3. Head of the laboratory - A. Kulmambetova. Phone: 0707 98 97 45. Osh Region: Osh Specialized
According to the information provided by the Bailiff Service under the Prosecutor General's Office of the Kyrgyz Republic, it was possible to recover 1,035,694 soms in favor of the State Tax Service. As clarified by the agency, the enforcement proceedings were completed by the Suzak District Department based on the decision of the Suzak District Court issued on September 24, 2025. The debt was recovered from the debtor LLC "Jasur-Komur" for the specified amount.
At the meeting of the Committee of the Jogorku Kenesh on Finance, Budget, Entrepreneurship, and Competition Development, the Ministry of Finance of the Kyrgyz Republic presented a draft loan agreement with the Asian Infrastructure Investment Bank. Deputy Minister of Finance Nurbek Akjolov reported that as part of the initiative "Development of a Sustainable Financial Market for Micro, Small, and Medium Enterprises in the Kyrgyz Republic," which the World Bank has already allocated
The National Bank of Kyrgyzstan announced the imposition of a fine on one of the commercial banks in the country for failing to comply with the requirements regarding mandatory reserves from December 29, 2025, to January 25, 2026. The fine amounted to 268,711.49 soms. Typically, the National Bank does not disclose the names of the banks that have been fined.
At the meeting of the Committee on Finance, Budget, Entrepreneurship, and Competition Development of the Jogorku Kenesh, a draft constitutional law titled "On the Issues of Transferring the Profit of the National Bank of the Kyrgyz Republic" was reviewed and unanimously approved. The proposal to develop this draft law was made by the Chairman of the Cabinet of Ministers of Kyrgyzstan.
Recently, the sewing factory "Eurasia Group" in the Osh region received a visitor — the head of the National Investment Agency under the President, Ravshanbek Sabirov. According to the agency's press service, during the visit he got acquainted with the implementation process of the investment project related to the construction of the second phase of the factory.
The deficiencies found on the Naryn — Oryuktam highway will be addressed at the contractor's expense. This was reported by the press service of the Ministry of Transport and Communications of the Kyrgyz Republic. The issues concern the section of the road between the 20th and 23rd kilometers. The ministry clarified that this facility has not yet been accepted due to identified violations during the construction process.
According to the National Bank, a fine was imposed on one of the commercial banks in the country for non-compliance with mandatory reserves from December 29, 2025, to January 25, 2026. The amount of the imposed fine was 268,711.49 soms. Usually, the financial regulator does not disclose the name of the bank that was fined.
At a meeting of the committee of the Jogorku Kenesh on finance, budget, entrepreneurship, and competition development, deputy Dastan Jumabekov raised the issue of the impact of fluctuations in gold prices on international markets on the activities of the National Bank. In response to this question, the deputy chairman of the NBKR, Melis Attokurov, noted that global changes in gold prices do not affect the operations of the National Bank.
In its report, the Ministry of Finance of Kyrgyzstan revealed the key parameters of the budget for 2027-2028, which are reflected in the Law on the Republican Budget for 2026 and the planned period of 2027-2028. According to forecasts, the surplus of the republican budget for 2027 will amount to 40 billion 663.6 million soms, which is equivalent to 1.7% of this year's GDP. In 2028, the surplus is expected to increase to 51 billion 717.3 million soms, which will be 1.9% of GDP.
According to Bayastan Rayymbekov, a leading specialist in the processing industry and organics department of the Ministry of Water Management and Agriculture, the country plans to open 385 new processing enterprises by 2030 to support the agro-sector. He shared this information on the air of "Birinchi Radio". Currently, there are already 485 processing enterprises and 40 trade logistics centers operating in Kyrgyzstan. "These initiatives are aimed at developing the processing
Starting from September 1, 2026, a goods traceability system will begin operating in the Eurasian Economic Union (EAEU). This information was published in the list of goods approved by the Council of the Eurasian Economic Commission. Under the new system, household refrigerators and freezers (12 codes of the EAEU Customs Nomenclature), washing machines for both home use and laundries, including models with a spin-drying device (6 codes of the EAEU Customs Nomenclature), as well as equipment for
As of 2025, the volume of gasoline supplies from Russia transported by rail amounted to 2.6 million tons. This is reported by "Kommersant". According to the publication, Kyrgyzstan emerged among the leading importing countries, purchasing 526 thousand tons of gasoline. Additionally, among the main supply destinations are Mongolia (820 thousand tons), Uzbekistan (510 thousand tons), and Tajikistan (406 thousand tons).
At the meeting of the Committee of the Jogorku Kenesh on Finance, Budget, Entrepreneurship, and Competition Development, held on February 2, Deputy Minister of Finance Umutjan Amanbaev presented a draft law under which the National Bank plans to transfer 100% of its profits to the state budget for the year 2025. According to Amanbaev, the exact amount of profit is currently unknown. He proposed that the deputies consider the project in three readings at once.
On February 2 and 3, 2026, bilateral meetings are scheduled at the National Investment Agency under the President of the Kyrgyz Republic. Leading American companies and representatives of government structures of Kyrgyzstan will participate in these meetings. The aim of the events is to strengthen economic and investment ties between Kyrgyzstan and the United States, as well as to develop business cooperation in key sectors of the economy.
In its traditional weekly macroeconomic review, the Eurasian Development Bank presented a forecast indicating that the National Bank of Kyrgyzstan's interest rate will remain at 11% until the end of 2026. It should be noted that in January of this year, the regulator decided to keep the discount rate at this level. As of mid-January 2026, the annual inflation rate stood at 9.4 percent.
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