A meeting took place in Bishkek between Ravshanbek Sabirov, the head of the National Investment Agency under the President of the Kyrgyz Republic, and representatives of the international company Vantagion Terra Group Limited, which is engaged in investment and development. The agency's press service reported on the progress of the negotiations.
According to forecasts from the Ministry of Finance, tax revenues in Kyrgyzstan could reach 577.6 billion soms by 2026 under an optimistic scenario. Under the baseline forecast, a collection of 458.4 billion soms is expected, while in the pessimistic scenario, it is projected to be 412.7 billion soms.
This measure applies only to small and medium-sized enterprises The State Tax Service (GNS) has announced a temporary suspension of tax control and inspections regarding the use of payment equipment among small and medium-sized enterprises. This moratorium will be in effect until the end of 2026 and applies to entrepreneurs using a simplified taxation system, patents, as well as those operating in specialized trade zones. However, this does not apply to businesses that are not registered with
From January to December 2025, Kyrgyzstan allocated 77 billion 138.1 million soms for the repayment of state debt, which is equivalent to approximately $881.5 million. This data was presented in the reports of the Ministry of Finance. For comparison, throughout 2024, Kyrgyzstan spent 37.5 billion soms ($429.6 million) on external debt payments and 22.2 billion soms ($254.8 million) on domestic debt.
According to the Ministry of Economy report, the consumer price index in Kyrgyzstan at the end of 2025 was 9.4% compared to December 2024. The average inflation rate for the entire year of 2025 was 8.2% (compared to the same period in 2024). Prices for bakery products and cereals increased by 3.8%, which is linked to the rise in wheat prices in Kazakhstan and the increase in logistics costs.
A Memorandum of Cooperation regarding public-private partnership for the construction and operation of the "Western Bypass Road" was signed in Bishkek. This document was formalized at the National Investment Agency under the President, as reported by the press service of this agency. The memorandum aims to implement a significant infrastructure project that is expected to improve transport logistics in the capital and reduce the load on the existing road network.
An audit conducted by the Accounts Chamber of the Kyrgyz Republic revealed violations and discrepancies in the Ministry of Finance and its subordinate institutions totaling 133,321.8 thousand soms as a result of the budget execution review for the year 2024.
The Accounts Chamber of the Kyrgyz Republic has completed an audit of the budget execution of the Antimonopoly Regulation Service for the period of 2020-2024. As a result of the inspection, significant financial violations were identified, as reported by the agency's press service. Main audit findings: Despite the existence of goals in legislative acts aimed at strengthening the material and technical base, the actual use of funds from the Development Fund for these purposes was extremely
The audit revealed deficiencies in budget planning, expenditures, accounting, and public procurement. The Accounts Chamber conducted an audit of the budget execution of the Ministry of Finance for 2024, which uncovered discrepancies amounting to 133.3 million soms. The identified problems relate to all aspects of the budget process: Errors in budget planning and documentation preparation amounted to 2.4 million soms, negatively affecting the reliability of financial data. In the area of
The Audit Chamber conducted an audit of the execution of the budget of the Ministry of Finance for the period from January 1 to December 31, 2024. This audit examined both the central and structural divisions of the agency, as well as subordinate institutions. As a result of the audit, numerous discrepancies were identified, with a total amount of 133,321.8 thousand soms. This indicates insufficient effectiveness in the areas of budget planning and financial resource management.
On January 22, the first meeting of the Deputy Ministers of Foreign Affairs of Central Asia and Russia took place in Moscow, attended by the Deputy Minister of Foreign Affairs of the Kyrgyz Republic, Almaz Imangaziev. This meeting was organized at the initiative of the Russian side to discuss a joint action plan for the period of 2025-2027, which was approved at the second "Central Asia - Russia" summit held in Dushanbe on October 9, 2025. It also included deputies from various
The State Tax Service of the Kyrgyz Republic informs about the reduction of the tax rate on transactions conducted through foreign banks from 0.2% to 0.1%. These changes have been made to the Tax Code of the country in accordance with the Law of the Kyrgyz Republic "On Amendments to Certain Legislative Acts of the Kyrgyz Republic in the Field of Taxation, Social Insurance, and Non-Tax Revenues," adopted on December 31, 2025.
According to information published on the air of "Birinchi Radio," last year the volume of light industry production in Kyrgyzstan reached approximately 25 billion soms. This was reported by Talantbek Karasartov, head of the industrial analysis department of the Ministry of Economy and Trade. He noted that in the structure of production, the textile sector contributed about 4 billion soms, while the clothing sector accounted for more than 20 billion soms. The leather and footwear
In accordance with the changes made to the Tax Code of the Kyrgyz Republic, the tax rate on transactions conducted through foreign banks has been reduced from 0.2% to 0.1%. This innovation became possible due to the Law "On Amendments to Certain Legislative Acts of the Kyrgyz Republic in the Field of Taxation, Social Insurance, and Non-Tax Revenues," which was adopted on December 31, 2025. It is worth reminding that this tax was established by the Law of the Kyrgyz Republic dated
At a recent ceremony in Davos dedicated to the signing of the "Peace Council" charter for Gaza, Jared Kushner, son-in-law of former U.S. President Donald Trump, presented an ambitious "master plan" for the Gaza Strip.
The National Bank of Kyrgyzstan has recorded the exchange rates of foreign currencies as of January 23 as follows: In commercial institutions, the prices for the dollar have changed slightly, while the ruble and euro have significantly increased in value.
Turkey has become the third largest investor in Kyrgyzstan, following only China and Russia. According to a report published on January 22 by the National Statistical Committee, the volume of Turkish investments in the economy of Kyrgyzstan increased by 95.5% from January to September 2025. During this period, investments reached $139.5 million, while for the same period in 2024, they amounted to $71.3 million. Thus, Turkey ranked third among the largest investor countries in Kyrgyzstan,
On the evening of January 22, the price of precious metals set new records once again. Silver surpassed the $96 mark for the first time in history, increasing by 3.81 percent to $96.17 at the time of writing the news.
According to preliminary data, by the end of 2025, the gross domestic product of Kyrgyzstan is expected to exceed 1.9 trillion soms, which corresponds to an 11.1% growth compared to the same period in 2024. Stable GrowthIn 2024, the GDP of Kyrgyzstan was approximately 1.6 trillion soms, reflecting an increase of 11.5% compared to January - December 2023.
In the Manas district, in the village of Uch-Korgon, a sausage workshop is successfully operating, actively contributing to the creation of jobs for the local residents. According to information from the Ministry of Water Resources, Agriculture, and Processing Industry, this enterprise produces about 20 different types of sausage products, using beef and chicken meat, which are then distributed throughout the country. The entire process is carried out in compliance with all necessary sanitary
Information about exchange rates has been collected from the websites of various commercial banks. If you need to clarify the data, it is recommended to contact the banks directly. This information is current as of its publication and pertains to rates for cash exchange. Please note that rates may change throughout the day.
The employees of the Department of Chemicalization, Plant Protection, and Quarantine held a seminar for farmers in Tokmok, located in the Chuy region. The event was organized to enhance farmers' knowledge about the proper use of mineral fertilizers and pest control. According to the press service of the Ministry of Water Resources, Agriculture, and Processing Industry, during the seminar, participants were presented with presentations covering the most common pests, diseases, and weeds
As of November 30, 2025, the total amount of Kyrgyzstan's national debt reached $8 billion 850.12 million, according to information from the Ministry of Finance. According to the ministry's data, the largest share of domestic debt, namely $3 billion 527.41 million (99 percent), consists of loans from long-term securities.
Image from the internet Since 2021, the World Bank has been conducting a study titled "Listening to the Kyrgyz Republic," which involves regular telephone surveys of households. The data from the study reveals the paradox of the Kyrgyz economy: despite stable growth in macroeconomic indicators, citizens do not feel an increase in their well-being at the same pace. The study covers the period from 2022 to the third quarter of 2025 and provides an opportunity to compare overall
As of January 23, the official exchange rates for currencies, including the Russian ruble, Kazakh tenge, and Chinese yuan, showed an increase, while the euro decreased in value. The US dollar remained unchanged. This data was provided by the National Bank of Kyrgyzstan and exchange points in the capital. US Dollar:
The Ministry of Finance of the Kyrgyz Republic expects that this year tax revenues may amount to nearly 578 billion soms. These forecasts are presented in the agency's materials regarding fiscal risks for the period from 2025 to 2030. As part of the analysis, specialists from the Ministry of Finance proposed three scenarios concerning the volume of tax revenues for the state budget:
The National Bank has updated its official exchange rates against the Kyrgyz som as of January 23, 2026. According to the regulator, the current exchange rates are as follows: 1 US dollar — 87.4500 soms (unchanged); 1 euro — 102.2203 soms (decrease); 1 Russian ruble — 1.1409 soms (increase); 1 Kazakh tenge — 0.1728 soms (slight increase); 1 Chinese yuan — 12.5593 soms (slight increase). The dollar rate remained at the same level compared to the previous day, while the euro has decreased, and
In the morning of January 23, the exchange rates at the MOSSOVET exchange points are as follows:
At the meeting of the Jogorku Kenesh on January 22, Deputy Minister of Energy Altynbek Rysbekov stated that there are no rolling blackouts occurring in Kyrgyzstan. During the discussion, Deputy Mahabat Mavlyanova raised the issue of constant electricity outages in the Nookat district. Rysbekov clarified that no schedules for rolling blackouts have been introduced in the country, and the outages that do occur are not related to a deliberate restriction of electricity supply.
In the Talas region, in the Manas district, there is a constant increase in the number of farmers who choose breeding livestock as the main direction of their activities. According to information provided by the Ministry of Agriculture, there are currently 48 cooperatives engaged in the breeding of both meat and dairy cattle. Recently, a new cooperative called "Nogoybay Ata" has been added to this number, which focuses on breeding Auliye-Kol breed cows. This breed is known for its
The Ministry of Water Resources, Agriculture, and Processing Industry is conducting a series of activities aimed at modernizing and equipping farmers with agricultural machinery. Since 2011, thanks to the initiatives of the ministry and the support of the cabinet of ministers, 7 leasing projects have been implemented within the framework of OJSC "Aiyl Bank" and "Eldik Bank".
On January 22, a meeting was held at the Ministry of Finance, during which Deputy Minister of Finance U. Kalenderov met with F. Goya, the regional procurement manager of the World Bank. During the discussion, the parties examined the process of modernizing the public procurement system, focusing on increasing transparency, efficiency, and competitiveness of procurement procedures.
Today, January 22, the National Bank of Kyrgyzstan announced the first intervention in the foreign exchange market in the new year 2026. The financial regulator published the relevant information. During the intervention, $134 million 50 thousand was executed with settlements on a date different from the date of the transaction itself.
According to information provided by the National Bank, the banking sector of Kyrgyzstan continues to demonstrate significant growth in key indicators. As of November 30, 2025, there are 21 commercial banks and 306 of their branches operating in the country.
Investment in the project will be made by a private investor, without the involvement of the state budget. As part of the implementation of the Kazarman cascade of hydroelectric power stations, the construction of three new facilities will begin in Kyrgyzstan. On August 2, 2025, an investment agreement was signed between the Cabinet of Ministers of the Kyrgyz Republic and the Open Joint-Stock Company "Central Asian Investment Holding." The project covers all stages — from design and
Today, January 22, three readings took place in the Jogorku Kenesh, during which a bill on public procurement was adopted. The initiator of this bill was the Chairman of the Cabinet of Ministers. Minister of Economy and Commerce Bakyt Sydykov presented information about the innovations. He noted that the changes are aimed at simplifying and optimizing the processes of public procurement. Within the framework of the bill, the concept of a state assignment is introduced, where budget funds are
According to the latest data, from January to September 2025, Turkey increased its investments in Kyrgyzstan by 95.5% compared to the same period in 2024. This information was obtained from the report of the National Statistical Committee. In the three quarters of 2025, the volume of direct foreign investments from Turkey into the economy of Kyrgyzstan amounted to $139.5 million.
A deputy has appealed to the Ministry of Finance to address issues related to supplies for educational institutions. At a recent meeting of the Jogorku Kenesh, Temirlan Aitiev expressed concern about the difficulties arising in the process of purchasing furniture, equipment, and other items for schools and kindergartens, which have resulted from transferring these powers to the Ministry of Finance. Since 2024, the Ministry of Finance has established a State Procurement Center, which has been
At a meeting of the Jogorku Kenesh, the deputies unanimously supported the draft law amending the Law of the Kyrgyz Republic "On Public Procurement," which was reviewed in three readings. Minister of Economy and Commerce Bakyt Sydykov emphasized that the goal of the new regulations is to optimize and simplify public procurement procedures. The document introduces the concept of a state assignment for the implementation of significant tasks defined by the state. Deputy Dastan Bekeshev
The State Tax Service of the Kyrgyz Republic has announced a temporary suspension of raids and control purchases aimed at checking compliance with tax legislation in the area of payment equipment usage. This concerns tools such as POS terminals, electronic wallets, and QR codes used in the operations of small and medium-sized businesses. This information was announced by the agency's press service. The suspension also affects mandatory requirements for the use of special bank accounts
As of November 30, 2025, the total state debt of Kyrgyzstan reached $8 billion 850.12 million. This data was announced by the Ministry of Finance. The domestic debt is primarily formed from loans on long-term securities, which amount to $3 billion 527.41 million, accounting for 99% of the total. Among the external debt, the most significant share belongs to the Export-Import Bank of China, with an amount of $1 billion 499.61 million, which constitutes 28.4%.
According to the Ministry of Economy's report, the volume of foreign economic turnover of the Kyrgyz Republic from January to November 2025 amounted to $14 billion, which is 12.2% less compared to the same period in 2024. Of this volume, exports accounted for 18.5%, while imports made up 81.5%. The ministry emphasizes that the decrease in foreign trade is related to a reduction in export supplies.
Photo from the internet. The World Bank's forecast indicates a slowdown in inflation in Kyrgyzstan to 6.5 percent in 2026. In 2025, Kyrgyzstan faced increased inflationary pressure, resulting in paid services rising by 11.2 percent. This increase contributed 1.9 percent to the overall inflation, which was 9.8 percent, according to information from the Ministry of Economy and Commerce. Among the most noticeable price changes are:
According to the latest data, from January to November 2025, Kyrgyzstan imported 127,140 passenger cars worth $992.7 million. This information was provided by the National Statistical Committee. The main supplying countries this year were South Korea (53,293 cars), China (45,673), the USA (9,139), Japan (4,459), and Russia (3,759).
The Cabinet of Ministers of the Kyrgyz Republic has approved new rules regarding the operation of budget loans. The signing of the relevant decree was carried out by the Chairman of the Cabinet of Ministers, Adylbek Kasymaliev. The main goal of this document is to provide state support through the mechanism of budget lending, which should contribute to sustainable economic growth, the development of various sectors of the economy, and the modernization of life-support infrastructure, communal
From January to December 2025, the trade volume between Kyrgyzstan and China reached $27 billion 198.9 million. These figures reflect the results of a study conducted by the General Administration of Customs of China. At the same time, China's exports amounted to $21 billion 974.5 million, while Kyrgyz exports totaled $5 billion 224.3 million. In particular, Kyrgyzstan exported non-monetary gold to China worth $4.9 billion, which, according to the GTS, is related to the re-export of gold
Photo by the Ministry of Water Resources, Agriculture, and Processing Industry. Harvesting in Kyrgyzstan According to the Ministry of Economy and Commerce, in 2025, the gross output of farmers in Kyrgyzstan amounted to 459.7 billion soms, which is 2.2 percent higher than in 2024, according to the National Statistical Committee. The main factor in this positive trend was the growth of livestock, which increased by 4 percent, while crop production showed only a slight increase of 0.2 percent.
The deputy expressed dissatisfaction with the provision allowing state companies to transfer up to 50% of work to subcontracting organizations. Dastan Bekeshev, a deputy of the Jogorku Kenesh, criticized one of the proposals in the draft law regarding changes to the Law on Public Procurement. He opposed the provision that allows state enterprises to transfer up to half of their work to subcontracting companies. According to Bekeshev, this initiative could contribute to increased corruption and