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

Mistakes Today - Problems Tomorrow. Expert Explained How to Avoid Tax Issues

Saida Nariman, or Kamila Kasymova, is a tax expert with 20 years of experience who has managed to turn accounting into an interesting and in-demand topic. She has over 50,000 followers on Instagram and numerous views on videos dedicated to accounting and taxes. In an interview with Kaktus.media, Kamila, known as Saida Nariman, shared her working methods, explained how numbers can generate income while complying with all legal requirements, and talked about her life as a blogger and a mother.

18.12.2025, 13:30
Economy

Eurasian Development Bank is ready to join the project for the construction of a nuclear power plant in the Kyrgyz Republic

At a press conference on December 18, the Chairman of the Board of the Eurasian Development Bank, Nikolai Podguzov, stated: "We are ready to participate in nuclear energy projects in Kyrgyzstan." He also added: "Kyrgyzstan has not yet made a final decision on this issue. We expect that this process will be transformed into concrete plans. After that, we will be able to offer assistance both in design through the technical assistance fund and in co-financing. Since the project is

18.12.2025, 13:25
Economy / Exclusive

Solar Station on Issyk-Kul. The First Stage of the Project is Coming to an End

In the Issyk-Kul region, construction and installation work is actively continuing on the implementation of the "Bishkek Solar" solar station project. Ruslan Dalenov, Deputy Chairman of the Board of the Eurasian Development Bank, shared current news with journalists. According to him, the total cost of the project is 180 million dollars, and the funding is fully provided by the EDB's resources. So far, 117 million dollars have already been allocated, and the expenditure of funds

18.12.2025, 13:05
As a result of the Kyrgyz-Afghan business forum, 11 contracts were signed for a total of $157 million
Economy / Exclusive

As a result of the Kyrgyz-Afghan business forum, 11 contracts were signed for a total of $157 million

In Kabul, the capital of Afghanistan, a business forum was held organized by the "Kyrgyz Export" Center, which operates under the Ministry of Economy and Commerce of the Kyrgyz Republic, in collaboration with the Afghanistan Chamber of Commerce and Investment. This was reported by the press service of the Ministry of Economy of the Kyrgyz Republic. During the event, Urmat Takirov, the director of the "Kyrgyz Export" Center, presented the export opportunities of Kyrgyzstan

18.12.2025, 12:39
In Kyrgyzstan, more than 1,000 resident cards have been issued to foreigners
Economy

In Kyrgyzstan, more than 1,000 resident cards have been issued to foreigners

A briefing was held at the Ministry of Foreign Affairs dedicated to the updated migration rules According to the press service of the Ministry of Foreign Affairs, the director of the Consular Department, Seytek Jumakadyrov, reported that over 1,000 resident cards have been issued for foreigners and stateless persons in the country.

18.12.2025, 12:38
Economy

From Caviar to Counter: KR Implements Digital Control Over Fish Products

Kyrgyzstan is actively working on creating conditions for the sustainable development of fisheries, aquaculture, and attracting investments in this sector, reports the Ministry of Water Management and Agriculture. According to the information from the ministry, a comprehensive system for the identification and tracking of fish and fish products is being implemented in the country, covering all stages—from eggs to finished products. The main focus is on monitoring the stocking of fish, the

18.12.2025, 12:24
The credit portfolio of the banking sector of Kyrgyzstan has grown by 40% since the beginning of the year.
Economy / Exclusive

The credit portfolio of the banking sector of Kyrgyzstan has grown by 40% since the beginning of the year.

According to information provided by the National Bank of Kyrgyzstan, since the beginning of the current year, the volume of the banks' credit portfolio has increased by 40.2%, reaching 477.7 billion soms. The financial regulator also reported that the assets of the banking sector grew by 38%, reaching 1,125.2 billion soms. The customer deposit base showed a growth of 35%, amounting to 800 billion soms.

18.12.2025, 12:18
Economy

Exports are falling, prices are rising. What is happening with Kyrgyzstan's economy?

According to official information, the gross domestic product (GDP) of Kyrgyzstan shows steady growth. What factors contribute to this positive trend? Economic GrowthFrom January to November 2025, the country's GDP increased to 1 trillion 628.6 billion soms, which is a growth of 10.2% compared to the same period last year. Compared to October, the growth was 0.2%.

18.12.2025, 11:57
In the Kyrgyz Republic, a unified methodology for master planning of growth hubs is being developed.
Economy

In the Kyrgyz Republic, a unified methodology for master planning of growth hubs is being developed.

The cooperation between the Ministry of Economy and Commerce of the Kyrgyz Republic and UNDP in the country began with the development of a unique master planning methodology, which will be the first of its kind. This initiative is being implemented with the support of the project "Knowledge Management and Capacity Building within the Partnership between Russia and UNDP" (Phase III).

18.12.2025, 11:53
Economy

The U.S. has allowed some operations with Russian banks and the Central Bank.

The U.S. Department of the Treasury, through the Office of Foreign Assets Control (OFAC), has granted permission for operations related to civilian nuclear energy with several Russian banks, as well as with the Central Bank and the National Clearing Center. Additionally, the U.S. Treasury has extended until June 18, 2026, the authorization for transactions related to the export of oil produced under the Sakhalin-2 project to Japan. In June 2025, the license will be valid until December 19.

18.12.2025, 11:52
In the USA, the last minted cents were sold at auction for nearly $17 million
Economy

In the USA, the last minted cents were sold at auction for nearly $17 million

At the last auction in the USA, the final minted penny coins were sold for an amount close to $17 million. The auction house Stack’s Bowers Galleries offered 232 sets for sale, each consisting of three coins, and the final price amounted to $16.7 million. These sets symbolize the end of a 232-year era of penny production. Photo ABC News. The last American pennies sold for nearly $17 million

18.12.2025, 11:31
Economy

The Marshall Islands were the first in the world to introduce a universal basic income: what is it?

The Marshall Islands have become a pioneer on the planet by launching a nationwide unconditional basic income program. This is reported by The Guardian. As part of new initiatives aimed at reducing the cost of living and decreasing emigration, every resident of the country will receive about $200 quarterly. These funds are available through a bank account, check, or in the form of cryptocurrency using an official digital wallet.

18.12.2025, 11:31
The forum "ECO-Chatkal 2035" was held in Bishkek
Economy

The forum "ECO-Chatkal 2035" was held in Bishkek

As part of the forum, which gathered representatives from government structures, international organizations, financial institutions, and the business community, initiatives for the implementation of the national label pilot and mechanisms for climate financing related to the Chatkal district were discussed. This information was published on the official website of the ministry.

18.12.2025, 10:59
Exchange rates in commercial banks of Kyrgyzstan on December 18
Economy

Exchange rates in commercial banks of Kyrgyzstan on December 18

Information is provided based on data collected from commercial bank websites. For clarification of details and to obtain additional explanations, it is recommended to contact the banks directly. This information is current as of the time of publication and pertains to exchange rates for cash transactions. Rates may vary throughout the day. Official rates of the National Bank of the Kyrgyz Republic, as well as exchange rates at points in Bishkek, can be found here.

18.12.2025, 10:46
Economy

The Kyrgyz Geological Service Sold the Right to Use Subsoil for 40 Objects

This year, the Kyrgyz Geological Service successfully sold mineral rights for 40 sites, bringing $2 million 353 thousand to the budget. The starting price was $210.6 thousand. For 2025, auctions are planned for 60 sites, of which 40 auctions have already been successfully held. The total amount of transactions exceeded the initial value by more than 11 times, highlighting investors' interest in the country's mining sector.

18.12.2025, 10:45
In Kyrgyzstan, 26 families purchased housing without a down payment in a month
Economy / Exclusive

In Kyrgyzstan, 26 families purchased housing without a down payment in a month

In the past month, 26 families in Kyrgyzstan have become homeowners thanks to the mortgage product "Kelechek," which is becoming increasingly popular among citizens in need of financial assistance for the down payment. This was reported by the State Joint Stock Company "Guarantee Fund." As of December 17, 2025, since the launch of the "Kelechek" program, 78 guarantees have been issued totaling over 94.2 million soms, enabling the receipt of mortgage loans

18.12.2025, 10:36
Economy

Kyrgyzstan has signed agreements with Afghanistan worth $157 million

As a result of the Kyrgyz-Afghan Business Forum held in Kabul, 11 memorandums of understanding were signed regarding the supply of goods and services totaling $157 million. This was reported by the press service of the Ministry of Economy and Commerce of Kyrgyzstan. According to the information from the ministry, the republic intends to provide Afghanistan with a wide range of goods and services for the specified amount.

18.12.2025, 10:29
Economy

The assets of Kyrgyz banks exceeded 1 trillion soms

The National Bank of Kyrgyzstan reported a significant increase in the total assets of the banking sector, which have grown by 38 percent since the beginning of the year, reaching 1 trillion 125.2 billion soms. Data shows that depositors have become the main source of this influx of funds: the volume of deposits increased by 35 percent, amounting to 800 billion soms.

18.12.2025, 10:24
50 New Members Accepted into the Chamber of Commerce and Industry of the Kyrgyz Republic
Economy

50 New Members Accepted into the Chamber of Commerce and Industry of the Kyrgyz Republic

The Chamber of Commerce and Industry of Kyrgyzstan welcomed 50 new members representing various sectors of the economy. Among the new participants are companies from the textile industry, real estate agencies, representatives of the agricultural sector, construction firms, and individual entrepreneurs. At the ceremony dedicated to this event, the president of the CCI KR, Temir Sariev, presented certificates to the newly minted members. In his address, he emphasized the importance of uniting

18.12.2025, 10:21
Economy

Kyrgyzstan Ranks Among the Top 5 Fastest Growing Economies in the World - Temir Sariyev

At the round table dedicated to the construction industry of Kyrgyzstan, Temir Sariev, head of the Chamber of Commerce and Industry, noted that the republic is among the top five countries with the highest economic growth rates in the world. Speaking about the construction sector, he emphasized that currently, the growth of the gross domestic product (GDP) in this industry reaches 127 percent. Temir Sariev noted that active work is being carried out in the country to restore the national

18.12.2025, 09:17
Experts: Kyrgyzstan Strengthens Requirements for Energy Efficiency in Buildings
Economy

Experts: Kyrgyzstan Strengthens Requirements for Energy Efficiency in Buildings

The conference was organized with the support of the Ministry of Construction, Architecture, and Housing and Communal Services of the Kyrgyz Republic and gathered a wide range of participants, including representatives of government institutions, academics, international organizations, experts, and businesspeople. As is known, Kyrgyzstan is facing a constant increase in energy consumption, which exceeds the electricity production capacity. More than 50% of primary energy is consumed by

18.12.2025, 09:13
Economy

Bloomberg: Kyrgyzstan is Becoming the New "Tiger Economy" of Central Asia

According to forecasts from the Central Bank, the gross domestic product of Kyrgyzstan is expected to grow by more than 10% this year. This is happening against a backdrop of stable growth, which has averaged at least 9% per year over the past three years. Bloomberg Agency cites data from the head of the National Bank, Melis Turgunbaev. The main driving forces behind the economic growth have been a tourism boom, the development of the construction sector, increased domestic consumption, and the

18.12.2025, 08:56
Economy

Sariyev: Kyrgyzstan is Among the Top Five Fastest Growing Economies in the World

At the conference in Bishkek, Temir Sariyev reported that Kyrgyzstan is actively working on restoring its economy. “I can confidently say that the GDP growth dynamics over the past four years give us reason to speak about a positive direction. This year, the growth rate is 9-10%, and over 11 months we have reached 10.2%. We expect that by the end of the year this figure will exceed 10%,” he noted.

18.12.2025, 08:50
Modi proposes to increase trade turnover between India and Jordan to 5 billion dollars in five years
Economy

Modi proposes to increase trade turnover between India and Jordan to 5 billion dollars in five years

The countries discussed the fight against terrorism and economic cooperation During his visit to Jordan, Indian Prime Minister Narendra Modi met with King Abdullah II, where both countries expressed a unified stance against terrorism. The main focus of the talks was on further developing economic interaction, including the signing of several agreements in the fields of renewable energy and digital technologies.

17.12.2025, 17:04
Economy / Exclusive

In Ala-Buka, a wool processing enterprise is opening for the first time

In the Ala-Buka region, the opening of the first wool processing enterprise is expected, as reported by local administration representatives. It has become known that the construction of a production facility has been completed in the village of Kosh-Bolot, where the necessary equipment and machines for processing have already been installed. The entire process is nearing completion.

17.12.2025, 16:25
Economy

Over 275 billion soms in taxes collected in Kyrgyzstan in 11 months

According to the press service of the State Tax Service of the Kyrgyz Republic, the tax and payment collection plan for 2025 was fulfilled ahead of schedule. According to the established plan, it was necessary to collect 268 billion 326.4 million soms. However, from January to November of the current year, it was possible to collect 275 billion 742 million soms.

17.12.2025, 16:04
For the first time in the history of Kyrgyzstan, the State Tax Service has fulfilled the plan for tax and payment collection ahead of schedule.
Economy / Exclusive

For the first time in the history of Kyrgyzstan, the State Tax Service has fulfilled the plan for tax and payment collection ahead of schedule.

The Tax Service of Kyrgyzstan has achieved an important milestone by fulfilling the established plan for tax and payment collection ahead of schedule for the first time in its history. This information was confirmed by the press service of the agency. According to the established requirements, it was planned to collect 268 billion 326.4 million soms in 2025. The Tax Service successfully accomplished this task and even exceeded the planned figures, indicating a positive trend in the growth of

17.12.2025, 15:51
Economy

When Everything Becomes More Expensive. How Prices Changed in 2025

The year 2025 will be remembered by Kyrgyzstanis for the rapid rise in prices. While in previous years the increase was less noticeable, this year the feeling of empty wallets became almost instantaneous. Kaktus.media offers a look at the changes in prices in the country since the beginning of 2025.

17.12.2025, 15:51
Economy

Expert Names Reasons for Rising Real Estate Prices in Kyrgyzstan

The real estate market in Kyrgyzstan is experiencing a rise in prices, despite a decrease in the number of transactions. This was reported by Kainarbek Kuluyev, head of the NGO "International Association of Builders," at a press conference in Bishkek. He provided statistics indicating that in 2025, the cost of residential houses in Bishkek increased by 35.7%, while apartment prices rose by 17.5%. In Osh, similar figures were 25.8% for houses and 22.8% for apartments.

17.12.2025, 15:38
Economy

The government intends to expand the implementation of modern irrigation systems

Bakyt Torobaev, acting Deputy Chairman of the Cabinet of Ministers and Minister of Water Resources, Agriculture, and Processing Industry of the Kyrgyz Republic, called on agrarians to actively implement drip and sprinkler irrigation. This was reported by the Ministry of Water Resources and Agriculture. According to him, climate change, reduced precipitation, and melting glaciers require more efficient use of water resources. Particularly concerning is the drop in water levels in the Issyk-Kul

17.12.2025, 13:58
The Trade House of the Kyrgyz Republic has opened in the capital of Afghanistan
Economy

The Trade House of the Kyrgyz Republic has opened in the capital of Afghanistan

The information about this was disseminated by the Ministry of Economy and Commerce On December 16, 2025, a ceremony was held in Kabul to open the Trade House of the Kyrgyz Republic, attended by the Minister of Economy and Commerce Bakyt Sydykov and the head of the Ministry of Industry and Trade of Afghanistan Nuruddin Azizi.

17.12.2025, 13:03
Economy

In Kyrgyzstan, they propose to implement energy-saving architecture. Why?

At the conference "National Dialogue on Energy Efficiency: Achievements, Challenges, Prospects," Boronbaev reported that Kyrgyzstan is facing the problem of high greenhouse gas emissions from buildings, which exceed global averages. He noted that to reduce thermal energy losses, it is necessary to improve the energy efficiency of buildings in the country.

17.12.2025, 12:15
RKFR approved a record investment budget for 2026
Economy

RKFR approved a record investment budget for 2026

At the meeting held as part of the XXI Council of the Fund, a record volume of investments was established, as noted by Artem Novikov, Chairman of the Board of the RKFR. He emphasized that this indicator reflects the important role of the Fund in promoting economic growth in Kyrgyzstan.

17.12.2025, 12:13
Economy

Cryptocurrency is Displacing Banknotes. Visa Launches Stablecoin Settlements

The payment system Visa has taken a significant step by allowing American banks to use the USDC stablecoin from Circle for transactions via the Solana blockchain. The first transactions will be conducted by Cross River Bank and Lead Bank. This event marks the first launch of stablecoin settlements by Visa in the United States, following successful trials abroad. The newly adopted federal law on stablecoins opens up the possibility for banks to use "digital dollars" backed by reserves.

17.12.2025, 12:05
The Trade House of the Kyrgyz Republic in Afghanistan Opened in Kabul
Economy

The Trade House of the Kyrgyz Republic in Afghanistan Opened in Kabul

Photo by the Ministry of Economy and Commerce of the Kyrgyz Republic. Opening of the Trade House of the Kyrgyz Republic in Kabul In the capital of Afghanistan, Kabul, the Trade House of the Kyrgyz Republic has been opened. This information was announced by the press service of the Ministry of Economy and Commerce of the Kyrgyz Republic. Present at the ceremony were Bakyt Sydykov, head of the ministry, and the Minister of Trade and Industry of Afghanistan, Nooruddin Azizi.

17.12.2025, 11:38
Exchange rates in commercial banks of Kyrgyzstan on December 17
Economy

Exchange rates in commercial banks of Kyrgyzstan on December 17

Information about currency exchange rates has been collected from various commercial banks' websites. If you have any questions, it is recommended to contact the banks directly for clarification. The data is current as of the time of publication. The exchange rate is presented for cash transactions and may change throughout the day. Official rates of the National Bank of the Kyrgyz Republic, as well as exchange rates at exchange offices in Bishkek, can be found here.

17.12.2025, 11:10