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

The Ministry of Finance has a new structure, municipalities are recommended to create financial management departments

Changes in the structure of the Ministry of Finance and the city administrations of republican significance have been approved by the Cabinet of Ministers, which signed the relevant decree under the leadership of Prime Minister Adylbek Kasymaliev. The purpose of this document is to improve the organizational structure of the Ministry of Finance and enhance the efficiency of municipal authorities.

20.12.2025, 09:00
At the fair in the Manas district, meat was sold for 650 soms
Economy

At the fair in the Manas district, meat was sold for 650 soms

Saussage prices ranged from 100 to 400 soms In order to support agriculture and ensure food security in the republic, fairs are being held, initiated by the Ministry of Water Resources, Agriculture, and Processing Industry. Each district has its own schedule for holding fairs, as reported by the ministry.

19.12.2025, 22:46
New UN Agreement on Freight Transport Will Make Global Trade More Flexible
Economy

New UN Agreement on Freight Transport Will Make Global Trade More Flexible

Photo by UNEP. A vessel transports cargo on the Amazon River Soon, cargo transportation worldwide may become more profitable, faster, and flexible thanks to a new agreement developed under the auspices of the UN. This agreement aims to improve documentation in the field of international transport. According to the UN News Service, the UN Convention on Negotiable Cargo Documents introduces a unified standard for the first time, applicable to rail, road, and air transport, which allows changes

19.12.2025, 20:22
A Guide on Financial Literacy for Migrants Presented in Bishkek
Economy

A Guide on Financial Literacy for Migrants Presented in Bishkek

The presentation of a financial literacy resource aimed at labor migrants and their families took place in Bishkek. This was reported by the National Bank of Kyrgyzstan. According to information from the National Bank, the authors of the manual aimed to address the pressing question: "Why do the funds earned abroad often fail to benefit the families of migrants in the future?"

19.12.2025, 19:58
Economy

Prices for apartments are decreasing in Osh

According to the data from the State Agency for Land Resources, Cadastre, Geodesy, and Cartography (GASRKG), in November, the cost per square meter of housing in Osh fell by 4.2% compared to October, and by 5.4% compared to September, according to the data. In the current month, the price per square meter was 75,430 soms, while in October it reached 78,739 soms, and in September it was 83,313 soms.

19.12.2025, 17:25
In 11 months, 2.1 million tons of fuel and lubricants marked - GNS
Economy / Exclusive

In 11 months, 2.1 million tons of fuel and lubricants marked - GNS

The State Tax Service of the Kyrgyz Republic, together with OJSC "Uchkun," responsible for fuel marking, reports that by December 1, 2025, 2 million 142.2 thousand tons of gasoline and diesel fuel have been marked. During the 11 months of 2025, tax revenues from excise duties on fuel amounted to 3 billion 736.7 million soms.

19.12.2025, 17:20
Economy

When will prices stop rising so quickly and how much will the dollar cost? EDB forecast

The Eurasian Development Bank (EDB) has published a forecast regarding the economic development of Central Asia, Russia, and Belarus for the next three years. The overall picture looks quite optimistic, with upwardly revised forecasts for many countries. However, the level of inflation in most Central Asian countries remains high. The main factors contributing to this are the rise in tariffs and the increase in food prices on global markets. Kyrgyzstan will not be an exception; prices are

19.12.2025, 17:10
Economy

The decision on the construction of a nuclear power plant will be made after a nationwide discussion - government

The question of building the first nuclear power plant in Kyrgyzstan will be resolved only after a nationwide discussion, as stated in an interview with the country's main television channel by the head of government, Adylbek Kasymaliev. He noted that Russian technologies in the field of nuclear energy are among the most advanced in the world, if not the best, as Russia has reached a stage of a waste-free cycle, where uranium is processed and reused.

19.12.2025, 16:15
Economy

Four organizations will receive grants for seedling cultivation. List

In the Ministry of Agriculture and Food of the Stavropol Territory, agreements were signed with four organizations that won the competition for grants to grow seedlings. This was reported by the press service of the ministry. The selection was conducted by a commission that included representatives from government structures, industry associations, and civil society organizations. The approved list of winners was agreed upon by the International Fund for Agricultural Development (IFAD), which

19.12.2025, 15:48
Economy

The European Union Could Not Agree on the Use of Frozen Russian Assets

During recent negotiations, EU countries were unable to reach a consensus on the use of frozen Russian assets. European Council President António Costa stated that instead, it was decided to allocate 90 billion euros to Ukraine, using funds from the EU budget. Costa clarified that the loan will be provided to Ukraine under the guarantees of the European Union budget.

19.12.2025, 15:48
Economy

The assets of the banking sector of Kyrgyzstan exceeded one trillion soms

According to the National Bank, since the beginning of 2025, the assets of the banking sector have increased by 38% compared to December 2024, reaching 1 trillion 125.2 billion soms. As of October 30, the banks of Kyrgyzstan reported a net profit of 26 billion 398.9 million soms, which is approximately $301.7 million.

19.12.2025, 15:30
Economy

Kyrgyzstan has once again accelerated the import of petroleum products

According to data provided by the National Statistical Committee, from January to October of this year, the volume of gasoline imports into Kyrgyzstan amounted to 607 million 714.7 thousand liters with a total value of $282.6 million. In particular, in August, the republic imported 38 million 465.1 thousand liters, while in September this figure significantly dropped to 8 million 465.1 thousand liters. However, in October, imports rose again to 38 million 552 thousand liters.

19.12.2025, 15:26
Economy

About 30 Kyrgyz citizens bought cars without a down payment in a month

Over the past month, the Guarantee Fund issued 29 guarantees under the "Unaa" program, allowing residents of Kyrgyzstan to obtain auto loans for purchasing locally produced vehicles without the need for a down payment. This information was provided by the fund's press service. According to the fund's data, auto loans were issued for Chevrolet vehicles manufactured by Tulpar Motors. Since the launch of the "Unaa" program, 87 citizens have become owners of

19.12.2025, 15:20
Economy

Where Cars Are Imported to Kyrgyzstan in 2025. Infographic

According to data from the National Statistical Committee, in the first ten months of 2025, Kyrgyzstan imported 112,465 passenger cars, amounting to $893.2 million. The main exporting countries were South Korea (46,769 cars), China (40,190), the USA (8,341), Russia (3,450), and Georgia (2,607).

19.12.2025, 15:20
Economy

Kyrgyzstan Proposed to Afghanistan to Expand Banking Cooperation

The statement was made by the Minister of Economy and Commerce Bakyt Sydykov According to the press service of the Ministry of Economy, a meeting took place in Kabul between Bakyt Sydykov, the Minister of Economy and Commerce of Kyrgyzstan, and Abdul Salam Hanafi, the Deputy Prime Minister of Afghanistan responsible for administrative and social issues.

19.12.2025, 14:44
Japan is exploring investment opportunities in priority projects of Kyrgyzstan
Economy / Exclusive

Japan is exploring investment opportunities in priority projects of Kyrgyzstan

In Tokyo, a meeting took place between Ravshanbek Sabirov, the head of the National Investment Agency under the President of the Kyrgyz Republic, and Kubo Takaaki, the head of the Japanese branch of InvesCore Financial Group (ICFG). This event was held as part of the business forum "Central Asia + Japan," as reported by the agency's press service. During the discussion, investment opportunities in key projects of Kyrgyzstan were considered, such as infrastructure development,

19.12.2025, 14:40
Bloomberg: Kyrgyzstan Sold Eurobonds Worth 700 Million Dollars in 2025
Economy

Bloomberg: Kyrgyzstan Sold Eurobonds Worth 700 Million Dollars in 2025

The country is protected from economic shocks with a reserve of 8.3 billion dollars In an interview with Bloomberg, the Chairman of the National Bank of Kyrgyzstan, Melis Turgunbaev, announced the sale of Eurobonds worth 700 million dollars as part of the first integration into the market in 2025.

19.12.2025, 14:26
Economy

The amount that Kyrgyzstan allocated for debt repayment in 2025 has been announced

According to the Ministry of Finance, in the first ten months of the current year, Kyrgyzstan spent 64 billion 316.7 million soms, which is equivalent to approximately $735 million, on servicing the national debt. Of this amount, 39 billion 883.5 million soms ($455.8 million) was allocated for servicing external debt, while 24 billion 433.2 million soms ($279.2 million) went towards domestic obligations.

19.12.2025, 14:03
Economy

In Kyrgyzstan, there are plans to create a state pasture enterprise

As part of the pilot project initiated by the Veterinary Service, as well as the Department of Animal Husbandry, Pastures, and Feed of the Ministry of Water Resources, Agriculture, and Processing Industry of the Kyrgyz Republic, the implementation of the Pasture Management Concept is planned. This project will begin in the Naryn region, as announced by the Deputy Director of the Service, Ishenbek Alambetov, at a seminar dedicated to the topic of "Improving the Condition of Pastures and

19.12.2025, 13:47
Economy

Fight Against Smuggling. The State Reimbursed Damage of 1.1 Billion Som.

The Main Directorate for Combating Smuggling of the State Customs Service demonstrated significant progress in its activities in 2025, as reported by the press service of the SCS. According to their data, from January to December 2025, there were 9,604 cases of customs violations registered. Of this number, 9,100 cases pertain to administrative offenses, while 504 cases became the subject of criminal investigations, the materials of which were transferred to the investigative department of the

19.12.2025, 13:38
Businessmen of Kyrgyzstan and Afghanistan signed 11 contracts worth $157 million
Economy

Businessmen of Kyrgyzstan and Afghanistan signed 11 contracts worth $157 million

In the capital of Afghanistan, Kabul, a Kyrgyz-Afghan business forum took place, where 11 memorandums of understanding were signed for a total amount of 157 million US dollars. The event was organized by the "Kyrgyz Export" Center under the Ministry of Economy and Commerce of the Kyrgyz Republic in cooperation with the Afghanistan Chamber of Commerce and Investment. More than 100 participants from government institutions and business communities of both countries took part in the

19.12.2025, 11:50
Exchange rates in commercial banks of Kyrgyzstan on December 19
Economy

Exchange rates in commercial banks of Kyrgyzstan on December 19

Information was gathered from the official 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. Please note that the indicated rates apply only to cash currency exchange and may change throughout the day.

19.12.2025, 11:07
Economy

Kasymaiev responded to whether there are risks of overheating the economy

In an interview with state media, Prime Minister Adylbek Kasymaliev commented on the likelihood of overheating the economy against the backdrop of a noticeable increase in the state budget. He reminded that last year the government set a goal to achieve a consolidated budget of 1 trillion soms by 2027.

19.12.2025, 10:53
The average nominal salary in Kyrgyzstan amounted to 42,919 soms
Economy

The average nominal salary in Kyrgyzstan amounted to 42,919 soms

This figure does not take inflation into account According to information announced by the First Deputy Head of the National Statistics Committee of the Kyrgyz Republic, Nazira Kerimalieva, the average nominal salary level in the country for the ten months of 2025 amounted to 42,919 soms.

19.12.2025, 10:32
Economy

The head of the cabinet named the state companies that are preparing to join the IMF

According to Kasymaliyev, Kyrgyzstan has issued international bonds for the first time amounting to $700 million and has approached the International Monetary Fund. “We have already received documents from investors totaling 2.1 billion soms. Yes, this may seem like a high price, and there are critics of this move. However, we are striving for an important goal. Our state companies are ready to enter international markets, but according to international standards, the country itself must do

19.12.2025, 10:21
Kyrgyzstanis lost almost 11 million soms from bank cards
Economy

Kyrgyzstanis lost almost 11 million soms from bank cards

Commercial banks reported cases of fraud Between July and September 2025, residents of Kyrgyzstan suffered losses amounting to nearly 11 million soms due to unauthorized transactions with their bank cards, as reported by the country's commercial banks.

19.12.2025, 10:11
Economy / Exclusive

Prices-2025. Let's see what has increased the most in price.

The year 2025 will be remembered by Kyrgyzstanis for a sharp rise in prices. Although there had been price increases in previous years, this year it became so noticeable that the feeling of empty wallets became an everyday reality. Kaktus.media analyzed how prices in the country have changed since the beginning of 2025.

19.12.2025, 10:09
Economy

Kyrgyzstan Increased the Share of Gold in International Reserves

According to the National Bank, from January to October of this year, the share of gold in international reserves increased by 5.73%. At the end of January, gold amounted to $3 billion 244.54 million, which corresponded to 63.3% of the total reserves. By the beginning of November, this amount had reached $5 billion 441.9 million, accounting for 69.03% of all international reserves.

19.12.2025, 10:00
Economy

Adylbek Kasymaliev spoke about the Cabinet's work with state banks

In an interview given by Adylbek Kasymaliev to state television channels, he shared information about the activities of the cabinet of ministers in the area of interaction with state banks. Kasymaliev emphasized that within the framework of the capitalization of "Eldik Bank," 64 billion soms were allocated, which contributed to its establishment as the largest bank in the country. According to him, the results of this work have already attracted the attention of foreign investors. For

19.12.2025, 09:36
The ruble continues to depreciate, the euro and tenge have appreciated. Currency exchange rates as of December 19.
Economy

The ruble continues to depreciate, the euro and tenge have appreciated. Currency exchange rates as of December 19.

Photo from the internet. The Chinese yuan hits a new annual record high According to the latest data provided by the National Bank of Kyrgyzstan and exchange points in Bishkek, there is an increase in the exchange rates of the euro, the Kazakh tenge, and the Chinese yuan, while the Russian ruble continues to decline. The exchange rate of the US dollar remains stable. US Dollar:

19.12.2025, 09:31
From Social Budget to Development Budget. The Head of the Cabinet Discussed Achievements
Economy

From Social Budget to Development Budget. The Head of the Cabinet Discussed Achievements

The Cabinet of Ministers of Kyrgyzstan has set an ambitious goal — to achieve a consolidated budget of 1 trillion soms by 2027. In a recent interview with television channels, the head of the government, Adylbek Kasymaliev, reported that a proposal to amend the budget for the current year, which will amount to 1 trillion 93.1 billion soms, has been submitted to the Jogorku Kenesh. Photo by the press service of the Cabinet

19.12.2025, 09:23
Economy

Kyrgyzstan Continued Gold Exports to Two Countries

In the first ten months of the current year, Kyrgyzstan exported 6.2 tons of gold abroad, amounting to $682.8 million, according to data from the National Statistical Committee. In October, the export totaled 529.4 kg, of which 280.6 kg worth $34.6 million was sent to the United Kingdom, and 248.7 kg worth $32.7 million was sent to Switzerland.

19.12.2025, 07:25
Economy

What to Expect from Kyrgyzstan's Economy in 2026? About Risks and Forecasts in the EFSR Report

According to the latest "Regional Economic Review" by the Eurasian Fund for Stabilization and Development, the economy of Kyrgyzstan has successfully adapted to external challenges and is expected to experience stable growth from 2026 to 2028. Fund analysts provided a detailed assessment of key macroeconomic indicators, suggesting that the country's economy will transition from a recovery phase to sustainable growth.

18.12.2025, 17:04
Economy

Kyrgyzstan continues to increase its national debt in absolute terms

As of October 31, the national debt of Kyrgyzstan amounted to $8 billion 692.52 million, according to information provided by the Ministry of Finance. Compared to December 31, 2024, the external debt increased by $648.04 million, while the internal debt rose by $1 billion 474.9 million (see source).

18.12.2025, 16:50
Economy

Projects from Kyrgyzstan worth $300 million are under consideration by the EDB.

As of December 18, the total volume of the Eurasian Development Bank's project portfolio in Kyrgyzstan amounts to $445 million, as reported by the bank's Deputy Chairman Ruslan Dalenov. He added that currently, projects worth an additional $300 million are under consideration, and $5.1 million has been allocated from the technical assistance fund.

18.12.2025, 14:24
The American agency Bloomberg published an article about the economy of Kyrgyzstan.
Economy

The American agency Bloomberg published an article about the economy of Kyrgyzstan.

Melis Turgunbaev, head of the National Bank of Kyrgyzstan, gave an extensive interview to the American agency Bloomberg, sharing optimistic forecasts regarding the country's economic growth. According to him, in 2025, Kyrgyzstan's economy could grow by more than 10%, which will be a result of stable GDP growth of at least 9% per year over the past three years. This was reported by Bloomberg. The International Monetary Fund (IMF) predicts that the growth rate of Kyrgyzstan's

18.12.2025, 14:06
Orozbaev: Without price regulation on oil and sugar, the population would have lost 1.2 billion soms
Economy / Exclusive

Orozbaev: Without price regulation on oil and sugar, the population would have lost 1.2 billion soms

Jeenaly Orozbaev, head of the Antimonopoly Regulation Service, stated in a podcast by the agency "Kabar" that if price regulation on sugar and vegetable oil had not been introduced in 2021, the population would have incurred losses of about 1.2 billion soms. Orozbaev noted that thanks to temporary measures that lasted for 90 days, it was possible to stabilize the situation in the market.

18.12.2025, 13:54